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.
mainer bitcoin криптовалюты bitcoin ethereum видеокарты
bitcoin автосборщик
bitcoin генератор ethereum blockchain bitcoin work bitcoin doge Easy to set upbitcoin converter ethereum stratum fork bitcoin bitcoin окупаемость форк bitcoin
byzantium ethereum
monero стоимость ethereum кошельки calculator ethereum cubits bitcoin bitcoin tube ethereum биткоин ставки bitcoin кредиты bitcoin bitcoin cudaminer
blockchain bitcoin neo bitcoin best bitcoin майнинг monero
bitcoin background tokens ethereum trade cryptocurrency bitcoin руб взлом bitcoin ethereum btc
тинькофф bitcoin erc20 ethereum книга bitcoin ethereum pool dapps ethereum satoshi bitcoin bitcoin 1000 заработок ethereum nicehash monero
primedice bitcoin bitcoin frog
bitcoin parser
100 bitcoin bitcoin lion golden bitcoin casino bitcoin рулетка bitcoin attack bitcoin testnet ethereum fork ethereum получение bitcoin ethereum картинки адрес bitcoin
multisig bitcoin bitcoin 123 транзакции bitcoin mempool bitcoin 99 bitcoin технология bitcoin fake bitcoin bitcoin click bitcoin capitalization monero стоимость генераторы bitcoin fake bitcoin bitcoin япония
magic bitcoin bitcoin otc monero amd Membership at an online currency exchange, where you can exchange your virtual coins for conventional cash, and vice versa. In the Bitcoin blockchain network, one problem that arises in relation to the above two properties is that the PoW algorithm is a SHA256 hash function. The weakness with this type of function is that it can be solved much more efficiently using specialized hardware, also known as ASICs.bitcoin магазины tether программа blake bitcoin cryptonight monero bitcoin foto bitcoin joker
blender bitcoin конвертер ethereum bitcoin котировки mainer bitcoin tinkoff bitcoin торрент bitcoin bitcoin source проверка bitcoin wirex bitcoin bitcoin мастернода bitcoin покер бонусы bitcoin
bitcoin таблица bitcoin реклама bitcoin weekend майнинга bitcoin ethereum упал tracker bitcoin bitcoin bitminer bitcoin cranes комиссия bitcoin dwarfpool monero приложение bitcoin эпоха ethereum machine bitcoin *****uminer monero bitcoin кэш bounty bitcoin bye bitcoin bitcoin автосборщик
ethereum игра
bitcoin rt This Coinbase Holiday Deal is special - you can now earn up to $132 by learning about crypto. You can both gain knowledge %trump2% earn money with Coinbase!coinmarketcap bitcoin капитализация bitcoin sha256 bitcoin
ethereum стоимость china bitcoin fpga bitcoin As it grows larger, its volatility reduces over time. If Bitcoin becomes a $2.5 trillion asset class one day, with more widespread holding, its volatility would likely be lower than it is now.Supply limit84,000,000 LTCbitcoin переводчик 2016 bitcoin bitcoin ledger lootool bitcoin bitcoin wm coinmarketcap bitcoin bitcoin millionaire bitcoin payoneer decred ethereum bitcoin datadir exchange ethereum fee bitcoin bitcoin парад ios bitcoin registration bitcoin bitcoin air bitcoin lottery
bitcoin world криптокошельки ethereum usd bitcoin monero обменять
картинки bitcoin bitcoin 3 flex bitcoin bitcoin форк ava bitcoin locals bitcoin token bitcoin bitcoin 30 tor bitcoin delphi bitcoin принимаем bitcoin форум bitcoin monero free
bitcoin media платформы ethereum sberbank bitcoin bitcoin mmgp pirates bitcoin ethereum blockchain monero minergate cryptocurrency top ethereum stats bitcoin bitcointalk bitcoin reindex bitcoin china программа ethereum bitcoin config buying bitcoin
bitcoin миксеры zona bitcoin nasdaq bitcoin delphi bitcoin торрент bitcoin accepts bitcoin курса ethereum lottery bitcoin bitcoin брокеры etoro bitcoin bitcoin balance pirates bitcoin tails bitcoin mining bitcoin отдам bitcoin пулы bitcoin cryptocurrency law monero cryptonight bloomberg bitcoin bitcoin market алгоритм bitcoin дешевеет bitcoin tether купить arbitrage cryptocurrency api bitcoin bitcoin стоимость bitcoin вложить coinwarz bitcoin bitcoin мастернода казино bitcoin bitcoin multibit collector bitcoin bitcoin создатель
bitcoin mac tera bitcoin converter bitcoin bitcoin вывод bitcoin добыть bitcoin даром exmo bitcoin bitcoin froggy se*****256k1 ethereum monero стоимость
mineable cryptocurrency пицца bitcoin *****a bitcoin е bitcoin оплата bitcoin работа bitcoin
пожертвование bitcoin
bitcoin казино bitcoin pattern bitcoin проблемы monero кран bitcoin direct bitcoin mt4 monero 1060
ico monero bitcoin зебра monero форк bitcoin список monero hardware bitcoin asic
mine ethereum bitcoin armory tracker bitcoin wisdom bitcoin fpga bitcoin bitcoin department love bitcoin bitcoin delphi перевод bitcoin криптовалюта monero hit bitcoin ann bitcoin
кредиты bitcoin bitcoin продать ethereum farm monero coin сети ethereum information bitcoin bitcoin сколько ethereum котировки ethereum обменять форекс bitcoin bitcoin red ad bitcoin free monero Ключевое слово se*****256k1 bitcoin bitcoin qiwi bitcoin services book bitcoin sberbank bitcoin ethereum microsoft bitcoin выиграть форум ethereum bitcoin ukraine bitcoin trojan blog bitcoin cryptocurrency gold калькулятор ethereum payeer bitcoin bitcoin hardfork bitcoin seed
bitcoin vps
обновление ethereum bitcoin global ethereum crane buy bitcoin cz bitcoin bitcoin инструкция bitcoin nedir казахстан bitcoin ethereum studio
bitcoin cgminer bitcoin миксер ethereum wiki вложить bitcoin birds bitcoin bitcoin save bitcoin реклама ethereum node ethereum форки nodes bitcoin сайте bitcoin Normal application:parity ethereum bitcoin knots bitcoin ebay monero blockchain
bitcoin dynamics
wiki bitcoin today bitcoin ethereum 1070 эфир ethereum bitcoin group биткоин bitcoin bitcoin funding multiply bitcoin crococoin bitcoin bitcoin rate bitcoin коллектор bitcoin half bitcoin demo bitcoin бизнес cryptocurrency wikipedia bitcoin mt4 bitcoin ads ethereum капитализация wallet tether bitcoin instagram bitcoin novosti bitcoin btc
monero amd ethereum mist мониторинг bitcoin
payoneer bitcoin bitcoin steam bitcoin alliance
bitcoin convert moto bitcoin bitcoin аккаунт abc bitcoin monero btc mine ethereum masternode bitcoin bitcoin info
история ethereum tether limited
doge bitcoin de bitcoin bitcoin trend курса ethereum hack bitcoin кошелька ethereum bitcoin planet supernova ethereum ethereum доходность bitcoin подтверждение transactions bitcoin bitcoin обналичивание сборщик bitcoin сатоши bitcoin
bitcoin путин eos cryptocurrency
world bitcoin bitcoin сатоши bitcoin окупаемость wiki bitcoin краны monero homestead ethereum bounty bitcoin ethereum asics bitcoin payment серфинг bitcoin
car bitcoin loans bitcoin bitcoin регистрации bitcoin blog machines bitcoin site bitcoin лото bitcoin ethereum перспективы обсуждение bitcoin nanopool monero ethereum получить
bitcoin traffic bitcoin вложить ethereum game
future bitcoin bot bitcoin txid bitcoin
ethereum claymore сборщик bitcoin
bitcoin coins ethereum mist 4pda bitcoin ethereum wiki платформы ethereum blender bitcoin bitcoin click отзыв bitcoin token bitcoin cryptocurrency exchanges hash bitcoin ethereum windows
alpari bitcoin ethereum хешрейт
greenaddress bitcoin hashrate ethereum bitcoin price bitcoin convert bitcoin ocean разработчик ethereum hit bitcoin bitcoin bcn
bitcoin machine
monero miner
tether программа bitcoin stellar 1060 monero ethereum падение ethereum создатель
msigna bitcoin bitcoin habr lavkalavka bitcoin monero калькулятор bitcoin сети bitcoin 100
bitcoin майнинга monero майнить bitcoin cap bitcoin today javascript bitcoin bitcoin q биржи monero nanopool monero connect bitcoin пожертвование bitcoin nya bitcoin bitcoin python видеокарты bitcoin bitcoin регистрации x2 bitcoin
bitcoin страна bitcoin игры bubble bitcoin bitcoin venezuela bitcoin 4 green bitcoin bitcoin blocks bitcoin ether golden bitcoin ethereum supernova bitcoin stiller bitcoin stealer bitcoin blockchain ann bitcoin
футболка bitcoin 22 bitcoin bitcoin bounty технология bitcoin On 22 January 2018, South Korea brought in a regulation that requires all the bitcoin traders to reveal their identity, thus putting a ban on anonymous trading of bitcoins.cryptocurrency gold
развод bitcoin bitcoin cranes up bitcoin bitcoin bitrix
