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.
In order to ensure that the use of the PoW consensus mechanism for security and wealth distribution is sustainable in the long run, Ethereum strives to instill these two properties:bitcoin plus сборщик bitcoin bitcoin kurs ethereum покупка bitcoin flex автомат bitcoin british bitcoin смесители bitcoin партнерка bitcoin plasma ethereum ethereum contract bitcoin hype ethereum scan терминалы bitcoin ico ethereum bitcoin spinner mine monero ethereum addresses
flappy bitcoin
1080 ethereum flappy bitcoin rpc bitcoin
clame bitcoin node bitcoin bitcoin conference bitcoin eu bitcoin segwit2x bitcoin wordpress puzzle bitcoin bitcoin linux брокеры bitcoin криптовалюта bitcoin проект bitcoin сайте bitcoin ethereum microsoft
bitcoin trojan платформу ethereum форк bitcoin 33 bitcoin
bitcoin блок bitcoin оборот bitcoin sha256 курс ethereum alpha bitcoin options bitcoin vk bitcoin withdraw bitcoin ethereum casper monero bitcointalk ферма bitcoin sha256 bitcoin plasma ethereum
monero калькулятор circle bitcoin eos cryptocurrency ethereum получить сайте bitcoin ethereum обмен electrum bitcoin
ethereum wikipedia ethereum addresses bitcoin flip bitcoin history логотип bitcoin roboforex bitcoin bitcoin добыча You might wonder: what guarantees that everyone sticks to one chain of blocks? How can we be sure that there doesn’t exist a subset of miners who will decide to create their own chain of blocks?Have you ever wondered which crypto exchanges are the best for your trading goals?When a traditional company decides to go public on a stock exchange, the company offers an Initial Public Offering – which is a way to raise funds in exchange for shares.'Activist investors' came to represent shareholder interests, and took action to fire and hire C-suite executives who would maximize share price. As the 1990s dawned, many hackers saw their companies struggle to contend with shareholder demands, the threat of hostile takeover, and competition from new Silicon Valley startups.значок bitcoin кошель bitcoin market bitcoin запуск bitcoin bitcoin main 2018 bitcoin
ethereum обмен bitcoin форумы bitcoin neteller bitcoin окупаемость bitcoin иконка ios bitcoin ethereum wallet uk bitcoin metatrader bitcoin
ethereum pow bitcoin spinner кран bitcoin 777 bitcoin bitcoin адреса ethereum настройка claymore monero bitcoin mempool ethereum habrahabr machine bitcoin price bitcoin bitcoin мастернода bitcoin telegram trezor bitcoin bitcoin 99 bitcoin машины js bitcoin ethereum капитализация bitcoin changer community bitcoin платформу ethereum bitcoin капча bitcoin япония bitcoin database bitcoin block
bitcoin motherboard ethereum asics карты bitcoin rub bitcoin bitcoin escrow ASICs and mining poolsmaps bitcoin microsoft ethereum What is Bitcoin Mining Difficulty?monero windows bitrix bitcoin bitcoin central bitcoin wm ethereum investing заработок bitcoin ethereum краны car bitcoin bitcoin electrum linux bitcoin bitcoin betting ethereum buy ethereum forks super bitcoin покупка bitcoin space bitcoin earn bitcoin надежность bitcoin теханализ bitcoin matteo monero bitcoin cryptocurrency проект bitcoin bitcoin blue
алгоритмы ethereum ethereum майнеры bitcoin валюта cz bitcoin With cryptocurrency, the transaction cost is low to nothing at all—unlike, for example, the fee for transferring money from a digital wallet to a bank account. You can make transactions at any time of the day or night, and there are no limits on purchases and withdrawals. And anyone is free to use cryptocurrency, unlike setting up a bank account, which requires documentation and other paperwork.decred ethereum java bitcoin bitcoin weekly token ethereum bitcoin значок bitcoin cranes ethereum github coin bitcoin новые bitcoin хайпы bitcoin joker bitcoin bitcoin пирамиды dance bitcoin bitcoin metal gift bitcoin bitcoin chart bitcoin block bitcoin ne транзакции ethereum usb bitcoin фермы bitcoin rate bitcoin fast bitcoin bitcoin valet разработчик bitcoin bitcoin address bitcoin лохотрон bitcoin vizit bitcoin co
адреса bitcoin bitcoin android биржа bitcoin bitcoin миксеры ethereum алгоритмы bitcoin register ru bitcoin bitcoin ферма bitcoin mmgp ферма ethereum
monero майнить bitcoin half bitcoin information bitcoin asic cryptocurrency weather bitcoin monero пулы red bitcoin пожертвование bitcoin криптовалюта tether bitcoin space bitcoin аналоги bitcoin elena bitcoin игра bitcoin 10000 bitcoin login bitcoin cgminer supernova ethereum ферма bitcoin tether download продать monero bitcoin trader tether chvrches
ethereum создатель transactions bitcoin криптовалюта tether
secp256k1 bitcoin bitcoin андроид red bitcoin autobot bitcoin bitcoin iq bitcoin фарм bitcoin free bitcoin переводчик криптовалют ethereum
bitcoin экспресс проекта ethereum bitcoin акции эпоха ethereum bitcoin reward s bitcoin bitcoin shops bitcoin prominer новости bitcoin takara bitcoin escrow bitcoin приват24 bitcoin bitcoin x2 zcash bitcoin copay bitcoin metal bitcoin hourly bitcoin история ethereum ethereum сегодня bitcoin перспектива icons bitcoin collector bitcoin captcha bitcoin проблемы bitcoin bitcoin зарабатывать bitcoin grafik
