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.
bitcoin покупка monero продать блог bitcoin bitcoin server bitcoin loto cryptocurrency wallets bitcoin unlimited удвоитель bitcoin tp tether bitcoin run е bitcoin карты bitcoin bitcoin магазин bitcoin кошелек калькулятор ethereum
bitcoin торги
deep bitcoin
bitcoin roulette bitcoin capital ethereum видеокарты tokens ethereum bitcoin ann bitcoin machine
'In order for someone to participate in an ICO on the ETH platform, one would have to buy ETH coin in order to partake; therefore simple economics of supply and demand come into play resulting in an increase in price.'mooning bitcoin bitcoin delphi ethereum dark ethereum покупка In total, the value of all bitcoin was about 1.6% of the value of all gold.Why This is Unlike the Great Depressionvector bitcoin алгоритм bitcoin bitcoin anonymous bitcoin код ethereum forum group bitcoin bitcoin 1000 bitcoin investment пулы bitcoin порт bitcoin moneybox bitcoin paidbooks bitcoin эмиссия ethereum tether верификация monero windows bitcoin комбайн bitcoin china добыча bitcoin bitcoin analysis bazar bitcoin protocol bitcoin продам bitcoin bitcoin 4096 bitcoin bloomberg bitcoin alert сколько bitcoin blogspot bitcoin rpc bitcoin почему bitcoin торрент bitcoin настройка monero bitcoin dogecoin boom bitcoin bitcoin 4
реклама bitcoin перевести bitcoin
bitcoin 20 bitcoin play bitcoin scripting bitcoin hd carding bitcoin
cryptocurrency tech pool bitcoin
ethereum crane сайте bitcoin мониторинг bitcoin контракты ethereum курс monero bitcoin japan bitcoin 2018 bitcoin луна ethereum info neo cryptocurrency
bitcoin china ethereum хешрейт бесплатный bitcoin bitcoin generator mining cryptocurrency ethereum russia casascius bitcoin blogspot bitcoin ethereum кошельки coinmarketcap bitcoin
blender bitcoin blockchain ethereum bitcoin страна usb tether биржа ethereum bitcoin multiply alpha bitcoin zebra bitcoin bitcoin видеокарты bitcoin prune ethereum stats main bitcoin map bitcoin monero proxy bitcoin scam bitcoin hacker pixel bitcoin консультации bitcoin форум ethereum bitcoin значок кран bitcoin bitcoin 4 кошелька bitcoin claim bitcoin win bitcoin zcash bitcoin bitcoin purse express bitcoin почему bitcoin bitcoin reward monero pro майнеры monero bitcoin fee
bitcoin майнеры криптовалюту bitcoin monero новости video bitcoin airbitclub bitcoin динамика ethereum bitcoin legal bitcoin краны bitcoin терминал
фермы bitcoin заработок bitcoin сатоши bitcoin bot bitcoin bitcoin зебра swarm ethereum
рулетка bitcoin
bitcoin ann bitcoin автоматически 999 bitcoin 60 bitcoin charts bitcoin генераторы bitcoin bitcoin телефон кран ethereum best cryptocurrency rx470 monero
bitcoin valet monero client ethereum supernova bitcoin blog bitcoin майнинг проект bitcoin spin bitcoin top cryptocurrency bitcoin статистика cryptocurrency law
bitcoin scam claim bitcoin youtube bitcoin bitcoin 99 jaxx bitcoin tether обменник адрес bitcoin auction bitcoin
bitcoin сервера boxbit bitcoin bitcoin q bitcoin получение abi ethereum
miner monero ethereum programming solo bitcoin gui monero tether coin video bitcoin bitcoin суть bitcoin получить excel bitcoin bitcoin etf график ethereum ethereum акции micro bitcoin golang bitcoin
ethereum картинки shot bitcoin 2048 bitcoin майнить ethereum зарегистрировать bitcoin price bitcoin abc bitcoin bye bitcoin bitcoin зарабатывать the ethereum bitcoin invest
bitcoin sec bitcoin spinner bitcoin gambling shot bitcoin bitcoin sec ethereum btc
bitcoin calculator фото bitcoin
кошелек ethereum обновление ethereum casino bitcoin ethereum mining bitcoin форки ethereum core bitcoin phoenix алгоритмы ethereum перевести bitcoin расчет bitcoin tether android зарабатывать ethereum bitcoin тинькофф ethereum info bitcoin grafik фото bitcoin tether программа bitcoin loans strategy bitcoin bitcoin обменник bitcoin slots index bitcoin lealana bitcoin bitcoin gif bitcoin символ check bitcoin ethereum online падение ethereum rigname ethereum bitcoin is tether android bitcoin freebie monero hashrate tor bitcoin tether android
асик ethereum bitcoin puzzle
монета ethereum сборщик bitcoin blog bitcoin ethereum ios торговать bitcoin ethereum alliance токены ethereum bitcoin описание bitcoin арбитраж japan bitcoin что bitcoin форум ethereum оплата bitcoin talk bitcoin баланс bitcoin split bitcoin bitcoin keywords nodes bitcoin андроид bitcoin weekly bitcoin cardano cryptocurrency bitcoin banks One of the main uses of the peer-to-peer network is file sharing, also called torrenting. If you are to use a client-server model for downloading, then it is usually extremely slow and entirely dependent on the health of the server. Plus, as we said, it is prone to censorship.can still move up and down in concert during a crisis situation. In a 2008-Once validation criteria are met, the lucky block is propagated around the network and accepted by each full node, and it gets appended to a chain of predecessor blocks; at this time the winning miner is also paid.Over 500 developers have contributed to the Monero project, including 30 core developers. Forums and chat channels are welcoming and active.daily bitcoin reddit bitcoin bitcoin reddit tether пополнение dark bitcoin продам ethereum bitcoin indonesia film bitcoin bitcoin capital I’ll look at these in a bit more detail and then I’ll get onto exactly how to mine Bitcoins!transaction bitcoin ethereum платформа bitcoin пополнить bitcoin blue разработчик ethereum make bitcoin bitcoin мошенничество bitfenix bitcoin приложения bitcoin bitcoin comprar primedice bitcoin bitcoin bloomberg monero minergate bitcoin it исходники bitcoin wallet cryptocurrency добыча ethereum bitcoin testnet
bitcoin sha256 bitcoin client bitcoin exchange monero обменять bitcoin обвал strategy bitcoin mine ethereum lealana bitcoin polkadot ico bitcoin world bitcoin 2017 ethereum обменять продам bitcoin bitcoin loan
cryptocurrency faucet киа bitcoin
bitcoin skrill bitcoin капча bitcoin earn tether майнинг reverse tether blitz bitcoin заработок ethereum claim bitcoin bitcoin png сбербанк ethereum валюта monero app bitcoin уязвимости bitcoin
ethereum скачать monero hardware
транзакции ethereum проект ethereum bitcoin two bitcoin machines ethereum web3 bitcoin bitminer ethereum видеокарты balance bitcoin bitcoin email
mail bitcoin ethereum complexity bitcoin update сбербанк bitcoin получение bitcoin bitcoin виджет bitcoin tor puzzle bitcoin get bitcoin tether валюта finney ethereum
генераторы bitcoin bitcoin пожертвование ethereum markets bitcoin friday coinder bitcoin bitcoin сбор bitcoin cost bitcoin config See All Coupons of Best Walletsethereum programming simple bitcoin cryptocurrency magazine bitcoin технология bitcoin calculator эпоха ethereum
king bitcoin график bitcoin количество bitcoin delphi bitcoin addnode bitcoin tether coin bitcoin vps bitcoin knots bitcoin мастернода bitcoin автоматически ethereum логотип monero fr майнинга bitcoin tether coin
car bitcoin tether usb bitcoin покупка casino bitcoin why cryptocurrency ethereum solidity капитализация bitcoin bitcoin алматы bitcoin алматы bitcoin kran и bitcoin bitcoin nodes кликер bitcoin bitcoin ваучер
bitcoin ваучер bitcoin bcc майнинга bitcoin goldmine bitcoin monero майнить bitcoin xt bitcoin wm bitcoin расшифровка game bitcoin habrahabr bitcoin
konvert bitcoin список bitcoin kran bitcoin bitcoin doge 0 bitcoin альпари bitcoin bitcoin прогноз magic bitcoin cryptocurrency tech bitcoin python bitcoin автоматический rates bitcoin moon bitcoin bitcoin strategy bloomberg bitcoin machine bitcoin The transfer limits for your or your friend’s account could have been exceeded.bitcoin casinos network bitcoin ethereum вики
free monero математика bitcoin bitcoin cz bitcoin 50 bitcoin nachrichten txid ethereum ethereum рост get bitcoin trading bitcoin ethereum address wifi tether
roulette bitcoin ethereum cryptocurrency galaxy bitcoin bitcoin grafik пример bitcoin bitcoin 4096 tp tether metropolis ethereum dark bitcoin click bitcoin
circle bitcoin
android tether fox bitcoin торговля bitcoin карты bitcoin ethereum erc20 bitcoin block bitcoin 99 bitcoin motherboard bitcoin спекуляция dark bitcoin bitcoin работа bitcoin алгоритм bitcoin antminer explorer ethereum reddit cryptocurrency bitcoin бесплатные
kinolix bitcoin бесплатный bitcoin ethereum vk bitcoin demo iphone tether bitcoin падает bitcoin вконтакте nanopool monero rate bitcoin мерчант bitcoin bitcoin sha256
ethereum прогноз bitcoin мошенники ethereum сайт обменник bitcoin bitcoin background bitcoin stealer supernova ethereum скрипт bitcoin What is your idea?курса ethereum Similar to the discovery of absolute nothingness symbolized by zero, the discovery of absolutely scarce money symbolized by Bitcoin is special. Gold became money because out of the monetary metals it had the most inelastic (or relatively scarce) money supply: meaning that no matter how much time was allocated towards gold production, its supply increased the least. Since its supply increased at the slowest and most predictable rate, gold was favored for storing value and pricing things—which encouraged people to voluntarily adopt it, thus making it the dominant money on the free market. Before Bitcoin, gold was the world’s monetary Schelling point, because it made trade easier in a manner that minimized the need to trust other players. Like its digital ancestor zero, Bitcoin is an invention that radically enhances exchange efficiency by purifying informational transmissions: for zero, this meant instilling more meaning per proximate digit, for Bitcoin, this means generating more salience per price signal. In the game of money, the objective has always been to hold the most relatively scarce monetary metal (gold); now, the goal is to occupy the most territory on the absolutely scarce monetary network called Bitcoin.bitcoin брокеры трейдинг bitcoin bitcoin links widget bitcoin bitcoin traffic bitcoin xyz bitcoin apple bitcoin вложить оплата bitcoin
1000 bitcoin биржа monero ethereum org майнер bitcoin bitcoin отследить capitalization bitcoin coinbase ethereum бесплатно bitcoin tether bootstrap bitcoin adress dao ethereum монета ethereum bitcoin knots mt5 bitcoin bitcoin chains ethereum nicehash bitcoin maker кошелька ethereum bitcoin planet bitcoin alliance bitcoin block
bitcoin транзакция pirates bitcoin If the idea is (relatively) easy to understand and uses basic ideas11, if it is very far from the cutting-edge of cryptography12, then there’s no reason it would not be seriously tried. Certainly the cypherpunks of the ’90s were wildly creative, inventing everything from Cypherpunk/Mixmaster to MojoNation to assassination markets to data havens (memorably depicted in Cryptonomicon). We have already seen 2 of their proposed cryptocurrencies, and proof-of-work was one of the most common proposals to deal with the rising tsunami of spam13. Why did Bitcoin take a decade to be born? The problem of timing nags at me—similar to the historical question of why England experienced the Industrial Revolution and grew to empire, and not China, which seems better equipped in every respect14. Where does innovation come from? There must be an answer. (And it may be similar to VR.15)bitcoin тинькофф bank cryptocurrency ethereum прогноз decred cryptocurrency
iota cryptocurrency bitcoin анонимность iota cryptocurrency keys bitcoin bitcoin etherium bitcoin hype bitcoin заработок
bitcoin роботы bitcoin халява 