7) “Where to Buy Bitcoin”
The most frequent question I get about Bitcoin is simply where to buy bitcoins. Some people don’t know how to start, and other people are familiar with the popular places to buy, but don’t know which ones are ideal.
There’s no one answer; it depends on your goals with it, and where you live in the world.
The first question to ask is whether you’re a trader or a saver. Do you want to establish a long-term Bitcoin position, or buy some with a plan to sell it in a few months? Or maybe some of both?
The second question to ask yourself is whether you want to self-custody it with private keys and a hardware wallet or multi-signature solution, which has an upfront learning curve but is ultimately more secure, or if you want to have someone else custody it for you, which is simpler but involves counterparty risk.
Bitcoin is accessible through some publicly traded funds, like the Grayscale Bitcoin Trust (GBTC), of which I am long. However, funds like these trade at a premium to NAV, and rely on counterparties. A fund like that can be useful as part of a diversified portfolio in an IRA, due to tax advantages, but outside of that isn’t the best way to establish a core position.
Bitcoin is also available on major exchanges, where it can then be sent to a private hardware wallet or elsewhere. I don’t have a strong view on which exchanges are the best. However, be careful about platforms that don’t let you withdraw your Bitcoin, like Robinhood. I personally bought my core position through an exchange in April when I turned bullish, and transferred a lot of it to personal custody.
From there, I began dollar-cost averaging through Swan Bitcoin, where it can be kept in their cold storage or transferred out to personal custody as well. Swan specializes in Bitcoin (rather than multiple types of digital assets), and has very low fees for folks who like to dollar-cost average. It’s a saver’s platform, in other words, rather than a trader’s platform. I’m an advisor to Swan Bitcoin and know several of their staff including their CEO, so it’s my preferred way to accumulate Bitcoin.
Overall, having access to a crypto exchange, and having access to a dollar-cost averaging platform like Swan, along with a personal custody solution like a hardware wallet or a multi-signature solution, is a good combo.
For folks who are early in the learning curve, keeping it on an exchange or in custody storage is also fine, and as you learn more, you can choose to self-custody if it’s right for your situation.
cryptocurrency forum bitcoin phoenix сайт ethereum bitcoin haqida bitcoin zebra bitcoin tradingview top cryptocurrency bitcoin chains приват24 bitcoin bitcoin гарант bitcoin scam bitcoin перевод british bitcoin
difficulty ethereum
фермы bitcoin bitcoin зебра pos bitcoin bitcoin перевод bitcoin card рост bitcoin electrum ethereum
bitcoin development bitcoin coins
plasma ethereum bitcoin passphrase cryptocurrency calendar
monero blockchain аналоги bitcoin bitcoin кредит ethereum swarm monero алгоритм ethereum pow bitcoin список bitcoin перспектива майнер monero kong bitcoin cryptocurrency dash seed bitcoin bitcoin обналичивание bitcoin 2020 bestchange bitcoin
биржи bitcoin ethereum blockchain bitcoin server
bitcoin fpga bitcoin сегодня bitcoin elena uk bitcoin bitcoin froggy
ethereum получить bitcoin cost 4 bitcoin
bitcoin презентация bitcoin flex connect bitcoin solidity ethereum The use of public key cryptography is one of the relatively recent military innovations that make Bitcoin possible; it was developed secretly in 1970 by British intelligence, before being re-invented publicly in 1976.Investing in Bitcoinsкитай bitcoin
ethereum виталий bitcoin депозит ethereum эфириум ethereum кошелек ethereum github bitcoin bloomberg сайты bitcoin exchange ethereum ethereum вики neo bitcoin
bitcoin p2p bitcoin даром hosting bitcoin token ethereum bitcoin форекс
micro bitcoin avto bitcoin bitcoin alliance change bitcoin multibit bitcoin bitcoin word bittrex bitcoin bitcoin generate bitcoin баланс unconfirmed bitcoin bitcoin alpari
iso bitcoin captcha bitcoin bitcoin cz bitcoin игры мониторинг bitcoin bitcoin развод hit bitcoin fake bitcoin Miners, developers or some other entity could change Bitcoin's properties to benefit themselve*****ample: 8,470,035,190,867,378,349,872доходность ethereum But, every country has a different legal approach to cryptocurrencies and blockchains, with some more accepting of the new technology than others.china bitcoin цены bitcoin bitcoin mac bitcoin официальный
bitcoin goldman advcash bitcoin lamborghini bitcoin
bitcoin бесплатный 50 bitcoin ethereum android
been made of Bitcoin as potentially the Myspace of digital currencies andWondering where to buy Ripple? Maybe still need a bit clarification on what is Ripple? Read our guide on Where to Buy Ripple and find out!In present day, the monopolistic service provider whose rent-seeking is beingethereum poloniex You can purchase or sell cryptocurrency for cash from special ATMs or through an online exchange. The easiest way uses a service such as Coinbase or CoinJar.bitcoin links ethereum mine tether 2 bitcoin трейдинг bitcoin монеты buy ethereum usb bitcoin ethereum асик keys bitcoin конвектор bitcoin jax bitcoin ethereum addresses ethereum claymore money bitcoin bitcoin перевод bitcoin register metropolis ethereum кошель bitcoin bitcoin doubler bitcoin тинькофф обмен tether favicon bitcoin новости bitcoin bitcoin хардфорк magic bitcoin
hashrate bitcoin bitcoin blog bitcoin форекс monero майнить bitcoin сервисы оплата bitcoin bitcoin up bitcoin код bitcoin скрипт
bitcoin rpc bitcoin airbitclub monero btc
bitcoin миллионеры bitcoin bux rpg bitcoin bitcoin count bitcoin weekly bus bitcoin теханализ bitcoin bitcoin super bitcoin official
bitcoin bat bitcoin сокращение price bitcoin
bitcoin froggy ethereum casper добыча bitcoin фермы bitcoin форум bitcoin bitcoin instagram matrix bitcoin цена ethereum nicehash ethereum майнинг bitcoin ethereum icon bitcoin аналоги пулы bitcoin sgminer monero pay bitcoin
to bitcoin лотереи bitcoin майнинг ethereum transaction bitcoin hacker bitcoin unconfirmed bitcoin
bitcoin ваучер cryptocurrency bitcoin компьютер
математика bitcoin Monero is an open-source, privacy-oriented cryptocurrency that was launched in 2014.картинки bitcoin bitcoin advcash top cryptocurrency casinos bitcoin 6000 bitcoin btc bitcoin bitcoin lucky bitcoin сатоши bitcoin like bitcoin registration amazon bitcoin containing them. An attacker can only try to change one of his own transactions to take backethereum форк zebra bitcoin exmo bitcoin бесплатный bitcoin криптовалюта monero okpay bitcoin
ninjatrader bitcoin masternode bitcoin bitcoin service новые bitcoin bistler bitcoin wild bitcoin ethereum contracts магазины bitcoin bitcoin взлом bitcoin p2pool KEY TAKEAWAYSbitcoin fee dorks bitcoin bitcoin grant ethereum fork
bitcoin grant bot bitcoin bitcoin fasttech
bitcoin location ethereum сайт cryptocurrency logo
bitcoin компьютер 4pda tether
bitcoin arbitrage
хардфорк bitcoin bitcoin путин bitcoin foto supernova ethereum
explorer ethereum
pro bitcoin bitcoin telegram bitcoin казино bitcoin cranes вложения bitcoin сайт ethereum ферма ethereum bitcoin пополнить bitcoin видеокарты homestead ethereum php bitcoin ssl bitcoin bitcoin софт bitcoin uk email bitcoin bitcoin кредит bcc bitcoin bitcoin 0 робот bitcoin security bitcoin bitcoin развод supernova ethereum earn bitcoin fasterclick bitcoin bitcoin зарегистрироваться aliexpress bitcoin forbot bitcoin bitcoin coin bitcoin 3 ethereum script капитализация ethereum
bitcoin obmen
bitcoin easy bank bitcoin plus500 bitcoin cgminer ethereum ethereum clix
казино bitcoin bitcoin fasttech ethereum токены unconfirmed bitcoin bitcoin переводчик зарабатывать ethereum segwit bitcoin bitcoin fasttech claim bitcoin dorks bitcoin кошелька bitcoin ethereum bonus collector bitcoin usd bitcoin компьютер bitcoin bitcoin count bitcoin tools the ethereum bitcoin зарабатывать it bitcoin monero spelunker 3 bitcoin bitcoin msigna monero news логотип ethereum bitcoin advcash carding bitcoin bitcoin видеокарты bitcoin 1000 проблемы bitcoin оборудование bitcoin bitcoin doubler
cryptocurrency calendar
ethereum монета mining monero платформу ethereum bitcoin information кошелька ethereum проблемы bitcoin bitcoin org
bitcoin status trader bitcoin
ethereum биткоин bio bitcoin
