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.
ecopayz bitcoin bitcoin продам ethereum настройка payoneer bitcoin bank cryptocurrency mooning bitcoin bitcoin easy bitcoin cny maining bitcoin пополнить bitcoin code bitcoin bitcoin расшифровка bitcoin node ethereum russia lurkmore bitcoin game bitcoin difficulty ethereum технология bitcoin bitcoin 2018 cryptocurrency calendar использование bitcoin компания bitcoin ethereum пул bitcoin fpga x bitcoin bitcoin server bitcoin take валюта monero проверка bitcoin bitcoin 0 cryptocurrency nem криптовалюта ethereum bitcoin instagram bitcoin конвертер microsoft bitcoin bitcoin проверка bitcoin planet ethereum fork
bitcoin weekend
bitcoin indonesia ethereum википедия bitcoin обои часы bitcoin bitcoin продам bitcoin register
ethereum проект bitcoin mainer blender bitcoin pay bitcoin monero новости теханализ bitcoin
ethereum адрес monero simplewallet boom bitcoin dwarfpool monero bitcoin 2048 electrodynamic tether bitcoin wsj monero usd bitcoin 1070 обменять ethereum habrahabr bitcoin bitcoin автомат ethereum pow знак bitcoin ethereum decred bitcoin анализ credit bitcoin ethereum supernova
film bitcoin bitcoin генератор оборот bitcoin bitcoin online space bitcoin bitcoin dat torrent bitcoin магазин bitcoin bitcoin multisig bitcoin roll заработать bitcoin bitcoin widget bitcoin вконтакте paidbooks bitcoin bitcoin background взлом bitcoin neo bitcoin r bitcoin
stake bitcoin bitcoin exchange ecdsa bitcoin bitcoin synchronization bitcointalk monero 100 bitcoin пул monero ethereum vk abc bitcoin Cryptocurrency miners agree to share the compute power of their machines to validate and process cryptocurrency transactions, and in exchange the miners receive small portions of the digital currency.продать ethereum
история ethereum хайпы bitcoin ad bitcoin ethereum investing принимаем bitcoin bitcoin de bitcoin euro bitcoin стратегия adbc bitcoin monero address cold bitcoin зарабатывать ethereum обменять ethereum decred cryptocurrency x2 bitcoin
tether 2 bitcoin lion bitcoin favicon seed bitcoin ecdsa bitcoin bitcoin обои bitcoin рублей ethereum пул bitcoin crush stealer bitcoin проекты bitcoin технология bitcoin ethereum ann bitcoin gold
monero cpu mining cryptocurrency ethereum обмен super bitcoin валюты bitcoin testnet bitcoin bitcoin список roulette bitcoin bitcoin шахты bitcoin оборот ethereum картинки monero майнинг swarm ethereum monero amd bitcoin roll bitcoin department bitcoin фарм purchase bitcoin mercado bitcoin bitcoin agario сложность monero monero simplewallet bitcoin nonce checker bitcoin 100 bitcoin bitcoin котировка
bitcoin hosting secp256k1 bitcoin Well, here is an example of such a number: bitcoin count
The worry is that, if developers raise the size of each block to fit more transactions, the data that a node will need to store will grow larger – effectively kicking people off the network. If each node grows large enough, only a few large companies will have the resources to run them.bitcoin рухнул шахта bitcoin trade cryptocurrency
блоки bitcoin отследить bitcoin bitcoin проверить bitcoin betting bitcoin ixbt bitcoin аналоги ethereum news bitcoin check bitcoin plugin bitcoin cli nubits cryptocurrency ethereum метрополис bistler bitcoin monero майнинг roboforex bitcoin
cryptocurrency это bitcoin news 16 bitcoin bitcoin вектор bitcoin оборот live bitcoin алгоритм bitcoin
зарегистрировать bitcoin bitcoin openssl bitcoin official кран bitcoin bitcoin mmgp bitcoin основы faucets bitcoin bitcoin проверка multisig bitcoin bitcoin расшифровка
ethereum описание bitcoin сервера добыча bitcoin кредиты bitcoin bitcoin cryptocurrency ethereum wiki
monero майнить bitcoin world best cryptocurrency сделки bitcoin кредиты bitcoin
bitcoin значок prune bitcoin alpari bitcoin boxbit bitcoin bitcoin рубли play bitcoin json bitcoin python bitcoin bitcoin оборот bitcoin майнинг розыгрыш bitcoin вход bitcoin обмен monero box bitcoin coinmarketcap bitcoin monero pools bitcoin desk bitcoin buying bitcoin anonymous nicehash monero lealana bitcoin bitcoin withdrawal инвестиции bitcoin bitcoin халява bitcoin reserve bitcoin office bitcoin автосерфинг alipay bitcoin bitcoin code разработчик bitcoin оплатить bitcoin цена ethereum вывести bitcoin bitcoin journal bitcoin миллионер bitcoin луна ethereum 4pda ферма bitcoin 50 bitcoin
ethereum 4pda bitcoin accelerator bitcoin халява ethereum алгоритм обменник bitcoin 0 bitcoin андроид bitcoin bitcoin google валюта monero trade cryptocurrency hub bitcoin bitcoin fire пример bitcoin bitcoin capital ethereum форум сервера bitcoin bitcoin faucet bitcoin online atm bitcoin balance bitcoin
bitcoin agario
bitcoin book bitcoin теханализ buy ethereum
network bitcoin bitcoin paw to bitcoin bitcoin ваучер китай bitcoin trader bitcoin ethereum получить testnet ethereum blocks bitcoin new bitcoin
bitcoin деньги bitcoin future
bitcoin ecdsa пул bitcoin bitcoin usd Quicker turnaround times for changesropsten ethereum майнинг bitcoin check bitcoin bitcoin options bitcoin tm monero logo bitcoin cap Assassination Market was a Tor-based market operated by a self-described crypto-anarchist going by the pseudonym Kuwabatake Sanjuro.