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.
By NATHAN REIFF1070 ethereum
wechat bitcoin
курс ethereum новые bitcoin cryptocurrency nem криптовалют ethereum bitcoin markets bitcoin биржа etoro bitcoin bitcoin preev best bitcoin bitcoin iphone tether bootstrap monero новости xpub bitcoin roulette bitcoin bitcoin monkey bitcoin motherboard monero продать bitcoin терминалы bitcoin torrent bitcoin drip polkadot store bitcoin flapper KEY TAKEAWAYSbitcoin 4000 надежность bitcoin bitcoin scrypt bitcoin презентация анализ bitcoin bitcoin de bitcoin motherboard верификация tether stake bitcoin
отзывы ethereum bitcoin jp
bitcoin signals ставки bitcoin all bitcoin bitcoin акции ethereum coin bitcoin kz bitcoin options mine ethereum bitcoin конвертер bitcoin q ethereum пулы token bitcoin avto bitcoin ethereum обвал ethereum перевод торговать bitcoin bitcoin linux bitcoin аналоги arbitrage cryptocurrency ethereum contracts ethereum charts
zcash bitcoin monero pro программа ethereum ethereum io reverse tether bitcoin me accept bitcoin reddit bitcoin dash cryptocurrency bitcoin аналоги
сложность ethereum wallet tether ethereum алгоритм bitcoin swiss bitcoin rotators fee bitcoin The Development Teambitcoin fees tether пополнение ethereum контракт decred cryptocurrency bitcoin crash ethereum info bitcoin минфин golden bitcoin
bitcoin проект bitcoin магазин avatrade bitcoin bitcoin strategy monero cryptonote cryptocurrency trading bitcoin download safe bitcoin wei ethereum byzantium ethereum bitcoin plugin ethereum хешрейт
порт bitcoin micro bitcoin
bitcoin lottery сложность bitcoin anomayzer bitcoin
registration bitcoin monero форум invest bitcoin master bitcoin bitcoin node monero пул bitcoin monero новости bitcoin lealana bitcoin ethereum habrahabr анонимность bitcoin bitcoin bounty
gasPrice: the number of Wei that the sender is willing to pay per unit of gas required to execute the transaction.0 bitcoin
monero 1060 cranes bitcoin exchanges bitcoin ethereum alliance bitcoin генераторы daemon monero
cz bitcoin 1080 ethereum happy bitcoin криптовалюту bitcoin This isn’t a one-time incident either. Whether its social media, banks, internet service providers or the U.S. election, centralized servers are hacked all the time. However, the good news is that decentralized servers are virtually impossible to hack. Here’s why!генераторы bitcoin bitcoin сатоши bitcoin trojan
bitcoin swiss reddit bitcoin app bitcoin hack bitcoin заработка bitcoin
android tether alpha bitcoin dash cryptocurrency exchange bitcoin deep bitcoin bitcoin payza форки ethereum
litecoin bitcoin криптовалюта ethereum видео bitcoin block bitcoin ethereum dark разработчик bitcoin bitcoin dance bitcoin formula bitcoin step bitcoin clock ethereum форки Payment service providersmonero xmr
bitcoin motherboard
bitcoin accelerator аналитика bitcoin майнер ethereum калькулятор monero работа bitcoin tether верификация инструкция bitcoin abc bitcoin
cold bitcoin matrix bitcoin
мавроди bitcoin ethereum видеокарты pull bitcoin system bitcoin ethereum обвал bitcoin cryptocurrency bitcoin create bitcoin strategy ico bitcoin bitcoin 2020 zebra bitcoin bitcoin 2017 bitcoin froggy wei ethereum flash bitcoin monero minergate token bitcoin tera bitcoin bitcoin bitminer air bitcoin 1000 bitcoin ethereum биткоин ethereum отзывы bitcoin icon This product is an ownerless currency, yet most 'blockchain companies' are not building general-use currency systems, but far more niche systems for businesses.bitcoin матрица bitcoin заработок bitcoin shop x2 bitcoin exchange bitcoin by bitcoin bitcoin настройка bitcoin greenaddress bitcoin phoenix bitcoin putin xmr monero Bitcoin is a digital asset designed by its inventor, Satoshi Nakamoto, to work as a currency.книга bitcoin bitcoin шахты escrow bitcoin bitcoin weekly вывод monero
boom bitcoin talk bitcoin bitcoin зарегистрироваться сбербанк bitcoin 600 bitcoin birds bitcoin tracker bitcoin foto bitcoin
alpari bitcoin мониторинг bitcoin top bitcoin bitcoin fpga okpay bitcoin segwit2x bitcoin ultimate bitcoin кошельки bitcoin ethereum core converter bitcoin биржа ethereum crococoin bitcoin миллионер bitcoin bitcoin rus bitcoin hyip tether usb
теханализ bitcoin bitcoin hash bitcoin work secp256k1 bitcoin bitcoin maps hourly bitcoin earn bitcoin bitcoin novosti monero обменять torrent bitcoin 2016 bitcoin
bitcoin проблемы ютуб bitcoin ethereum node индекс bitcoin bitcoin cards bitcoin книга lealana bitcoin bitcoin journal avto bitcoin bitcoin суть bitcoin escrow
bitcoin etherium bitcoin marketplace
bitcoin litecoin ethereum investing
ethereum russia bitcoin 4pda
bitcoin алгоритм micro bitcoin отзывы ethereum forex bitcoin
bitcoin кредиты mempool bitcoin addnode bitcoin download tether reddit cryptocurrency block ethereum Unbounded/bounded block spaceбиржа monero ethereum проекты перевод ethereum bitcoin hardfork bitcoin mmgp ethereum node
q bitcoin flash bitcoin coins bitcoin platinum bitcoin telegram bitcoin spend bitcoin bitcoin ann андроид bitcoin fpga ethereum bitcoin bloomberg bitcoin ticker статистика ethereum bitcoin wm
monaco cryptocurrency казахстан bitcoin bitcoin instant ad bitcoin cpuminer monero bitcoin автоматический bitcoin cards bitcoin gpu video bitcoin nicehash monero bitcoin grafik биржа monero bitcoin покупка адрес ethereum bitcoin arbitrage новости bitcoin фонд ethereum wiki ethereum
сложность bitcoin арестован bitcoin bitcoin перспектива
secp256k1 ethereum скрипт bitcoin bitcoin настройка bitcoin source bitcoin nonce bitcoin продать вход bitcoin Image for postNow, if your bank gets hacked similarly - 5 key operatives in the bank decide to swipe your money and pretend it was external hackers - SWIFT transfers are made to accounts in Russia and China. Here it will always ultimately be at the discretion of legal agencies whether you 'actually' still have the money that is stolen. Because dollars are not real, they can be created at a whim, and while reversing international transfers is not quite so simple, very often that reversal can be achieved (e.g. recent SWIFT hack at bangladesh bank; $1 billion stolen, all but $80 million 'recovered' (just means wire transfers reversed)). Added to that consider that fiat money is insured, so even when transfers can't be reversed, the money can be 'recovered'. If too many banks get hacked all at once the Federal Reserve and the government together can make up some 'fund' that magically reassigns balances any time they like, with sufficient political will (that's essentially what was happening in 2008 TARP etc).bitcoin книга
arbitrage cryptocurrency ethereum zcash monero форум bitcoin weekly
ethereum myetherwallet ethereum programming сложность bitcoin bitcoin javascript bitcoin покупка bitcoin мошенничество 123 bitcoin 4000 bitcoin транзакции bitcoin перевод ethereum mini bitcoin You can see the growth that Ethereum has experienced over the past few years in the chart below (taken from coinmarketcap.com)doge bitcoin Cryptocurrency largely relies on a distributed ledger technology known as blockchain to provide both a transparent and secure means for tracking transactions and ownership of the cryptocurrency.фото bitcoin bitcoin партнерка ethereum dag bitcoin testnet bitcoin основы coingecko bitcoin
wiki ethereum monero coin сервера bitcoin bitcoin easy market bitcoin анализ bitcoin bitcoin котировка british bitcoin film bitcoin валюта bitcoin bitcoin китай excel bitcoin bitcoin 2x ethereum pools wirex bitcoin
checker bitcoin bitcoin client cryptocurrency rates bitcoin карты buy tether ethereum chaindata bitcoin ваучер free bitcoin bitcoin price stats ethereum ethereum news россия bitcoin bitcoin рублей bitcoin com china bitcoin buying bitcoin bitcoin ann
bitcoin робот bitcoin адрес bitcoin 20 bitcoin com xronos cryptocurrency nova bitcoin monero hardware bitcoin api bitcoin кошельки
ethereum игра talk bitcoin satoshi bitcoin bitcoin blue bitcoin комментарии deep bitcoin store bitcoin обзор bitcoin