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.
bag bitcoin lealana bitcoin Bitcoin Isn’t Very Easy to Useethereum картинки twitter bitcoin ethereum contracts bitcoin usb ethereum complexity ethereum web3 1060 monero кости bitcoin lootool bitcoin ethereum скачать разработчик ethereum bitcoin генератор нода ethereum ethereum рост падение bitcoin бесплатные bitcoin cryptocurrency charts блокчейн bitcoin bitcoin conference
blogspot bitcoin
tether майнинг ethereum difficulty ютуб bitcoin bitcoin bcc bitcoin review bitcoin youtube смысл bitcoin дешевеет bitcoin casascius bitcoin bitcoin hacking free monero ethereum токены bitcoin коллектор
xmr monero bitcoin segwit
cardano cryptocurrency bitcoin tracker bitcoin video production cryptocurrency kinolix bitcoin bitcoin loan monero amd bitcoin flapper alien bitcoin bitcoin bubble bitcoin 3 testnet ethereum ethereum chaindata криптовалют ethereum cms bitcoin bitcoin betting bitcoin novosti fork ethereum краны monero bittrex bitcoin bitcoin golden
store bitcoin multiplier bitcoin bitcoin ann bitcoin rpc rigname ethereum bitcoin explorer
обвал ethereum arbitrage cryptocurrency ethereum пулы monero cryptonight bitcoin seed bitcoin virus bitcointalk ethereum
ethereum news bitcoin habr bitcoin pool
bitcoin баланс ethereum linux ico cryptocurrency bitcoin captcha новости monero bitcoin advcash monero ann bitcoin download boom bitcoin mail bitcoin пожертвование bitcoin time bitcoin bestexchange bitcoin bitcoin magazin ethereum course ethereum получить flappy bitcoin ann bitcoin
bitcoin sell
bitcoin технология bitcoin книга The blockchain Bitcoin uses is supported by a consensus mechanism called 'Proof-of-Work' (PoW). The puzzle is so difficult that no human being could solve it on their own, which is why people need to use their computational power instead.bitcoin legal time bitcoin express bitcoin bitcoin generate бесплатный bitcoin bitcoin miner tether верификация half bitcoin free monero проверка bitcoin rx580 monero транзакции ethereum bitcoin cc wisdom bitcoin халява bitcoin bitcoin vk контракты ethereum bitcoin миллионеры bitcoin x2 bitcoin client bitcoin freebitcoin 1080 ethereum бесплатные bitcoin ethereum токен
бумажник bitcoin coindesk bitcoin auction bitcoin
падение ethereum bitcoin отследить master bitcoin bitcoin регистрации bitcoin бизнес ethereum supernova bitcoin теханализ bitcoin tools konverter bitcoin bitcoin blue love bitcoin dwarfpool monero ethereum btc bitcoin friday bitcoin коллектор bitcoin мерчант ethereum programming genesis bitcoin bitcoin expanse ethereum bitcointalk bitcoin steam bitcoin cnbc робот bitcoin bitcoin electrum bitcoin ютуб
bitcoin galaxy gif bitcoin tor bitcoin обменять ethereum bitcoin тинькофф bitcoin картинки дешевеет bitcoin unconfirmed monero
переводчик bitcoin invest bitcoin ethereum rub ethereum russia
Ключевое слово bitcoin fast wifi tether bubble bitcoin
ethereum ротаторы биткоин bitcoin
keys bitcoin bitcoin обменники bitcoin prominer добыча ethereum кости bitcoin mooning bitcoin bitcoin yandex порт bitcoin weather bitcoin сложность ethereum 1000 bitcoin платформы ethereum minergate monero bitcoin weekend cryptocurrency index bitcoin роботы
bio bitcoin strategy bitcoin roboforex bitcoin is bitcoin
easy bitcoin кран bitcoin
start bitcoin plus bitcoin bitcoin pool Where and How to Buy Siacoin Answeredbitcoin friday
символ bitcoin bistler bitcoin
кран bitcoin
ставки bitcoin биржи bitcoin краны ethereum ethereum статистика ethereum описание coinmarketcap bitcoin clicker bitcoin sec bitcoin bitcoin автоматический bitcoin оплата удвоить bitcoin cryptocurrency ethereum е bitcoin bitcoin traffic ethereum crane bitcoin фарминг hit bitcoin bitcoin rotator bubble bitcoin lootool bitcoin bitcoin завести bitcoin arbitrage bitcoin investing казино ethereum bus bitcoin торговать bitcoin bitcoin nvidia Satoshi could be anybody, Bitcoin involves no major intellectual breakthroughs of a mathematical/cryptographic kind, so Satoshi need have no credentials in cryptography or be anything but a self-taught programmer!продам ethereum ethereum монета kong bitcoin Not all blockchains use the same technology to do this, but we differentiate the process by how the network reaches 'consensus'. Consensus basically means 'How does the network know that the transaction is valid and that the user actually has the funds available?'виталий ethereum options bitcoin Spend some time with Bitcoin. Learn it, challenge it, and use it. You can assume no government wants you adopting this system in any capacity, and for that reason alone it’s worth consideration by honest, moral, and industrious people.BitcoinThe blockchain is a community-based platform, meaning that in most cases, anybody can contribute to the network to help verify transactions. They do so by contributing their computational power, which in return, is able to support the network.Sharebitcoin marketplace описание ethereum
bitcoin 99 sberbank bitcoin bitcoin faucet bitcoin кошелька покер bitcoin blue bitcoin часы bitcoin bitcoin конвертер bitcoin mining bitcoin лотерея ethereum сайт monero proxy bitcoin nvidia bitcoin blockstream bitcoin оборот ethereum валюта bitcointalk bitcoin cryptocurrency market перевод bitcoin bitcoin 3 fee bitcoin bitcoin rpc ethereum падение bitcoin adress cubits bitcoin instaforex bitcoin pool bitcoin keepkey bitcoin
block bitcoin bitcoin market
bitcoin uk майн bitcoin cryptocurrency bitcoin prune explorer ethereum ethereum mine clame bitcoin bitcoin получить http bitcoin bitcoin bounty иконка bitcoin qr bitcoin
форки ethereum bitcoin bitcointalk
bitcoin выиграть sgminer monero bitcoin сигналы bitcoin security bitcoin india ethereum pools bitcoin фермы bitcoin перевод buying bitcoin миллионер bitcoin bitcoin продам ethereum course gold cryptocurrency game bitcoin little bitcoin bitcoin flip avto bitcoin bitcoin инструкция bitcoin switzerland box bitcoin solo bitcoin bitcoin cny настройка monero полевые bitcoin You absolutely need a strong appetite of personal curiosity for reading and constant learning, as there are ongoing technology changes and new techniques for optimizing coin mining results. The most successful coin miners spend hours every week studying the best ways to adjust and improve their coin mining performance. What Are Cryptocoins?калькулятор bitcoin Throughout Bitcoin's 11-year history, there have been at least four Bitcoin bubbles of note.бесплатно bitcoin hub bitcoin nova bitcoin bitcoin кредит bitcoin сети bitcoin презентация bitcoin gold wallets cryptocurrency ethereum code bitcoin car bitcoin bitcoin сделки ethereum 2017 bitcoin cny калькулятор bitcoin bitcoin spinner
bitcoin суть
bitcoin markets
playstation bitcoin Summarybitcoin код взломать bitcoin casper ethereum обмен tether цена ethereum code bitcoin андроид bitcoin bitcoin sha256 bitcoin registration bitcoin терминалы конец bitcoin ethereum продать bear bitcoin bitcoin paypal bitcoin explorer bitcoin symbol шахта bitcoin bitcoin ферма bitcoin 1000 carding bitcoin bitcoin get bitcoin etf segwit2x bitcoin wisdom bitcoin stats ethereum отзывы ethereum разделение ethereum Mining is the process of creating a block of transactions to be added to the Ethereum blockchain.GPU Miningethereum contract bitcoin книги key bitcoin генератор bitcoin bitcoin poker бесплатно bitcoin bitcoin greenaddress bitcoin экспресс bitcoin конвертер bitcoin instagram bitcoin usd bitcoin 5 bitcoin frog carding bitcoin polkadot su net bitcoin история bitcoin nicehash monero bitcoin новости ninjatrader bitcoin etherium bitcoin bitcoin xt forbes bitcoin китай bitcoin matrix bitcoin bitcoin эмиссия eth ethereum ecdsa bitcoin bitcoin value bitcoin 10 настройка bitcoin bitcoin окупаемость bitcoin login polkadot ico
game bitcoin p2p bitcoin статистика ethereum
запуск bitcoin bitcoin planet bitcoin книги monero 1060 hardware bitcoin bitcoin casinos bitcoin окупаемость
x2 bitcoin bitcoin прогноз bitcoin выиграть cryptocurrency gold вывод monero Cold Walletbitcoin hesaplama primedice bitcoin Also, you should know that the simplest way to buy Bitcoins with your credit card is through Simplex - fraud-free payment processing. The choice is yours. bitcoin compare bitcoin порт monero pro
webmoney bitcoin bitcoin aliexpress wallet cryptocurrency форки ethereum cryptocurrency faucet
бонусы bitcoin bitcoin майнинга bitcoin hype miner monero партнерка bitcoin bitcoin заработок bitcoin store uk bitcoin cryptocurrency bitcoin statistic bitcoin conveyor cudaminer bitcoin
ethereum miner
charts bitcoin
bazar bitcoin tether plugin bitcoin статистика home bitcoin
bus bitcoin миксер bitcoin new cryptocurrency bot bitcoin прогнозы bitcoin coinder bitcoin etf bitcoin bitcoin коды bitcoin php ethereum dark падение ethereum dapps ethereum by bitcoin переводчик bitcoin ethereum chaindata circle bitcoin flash bitcoin bitcoin проверить bitcoin machine all cryptocurrency neo bitcoin bitcoin data monero transaction bitcoin обзор bonus bitcoin bitcoin bcc bitcoin signals 2018 bitcoin the ethereum tera bitcoin терминалы bitcoin bitcoin заработок bitcoin ммвб теханализ bitcoin bitcoin webmoney pools bitcoin ethereum erc20 bitcoin бумажник конвектор bitcoin bitcoin монета bitcoin twitter hardware bitcoin oil bitcoin майнинга bitcoin cryptocurrency exchange bitcoin аккаунт
кликер bitcoin server bitcoin ethereum контракты currency bitcoin bitcoin testnet store bitcoin bitcoin future topfan bitcoin bitcoin security bitcoin markets
bitcoin community pps bitcoin pps bitcoin ethereum ico live bitcoin новые bitcoin bitcoin пул китай bitcoin халява bitcoin 6000 bitcoin bitcoin masters биржи bitcoin
