If, like almost everything else in life – if not all of them – you have to buy them before you can invest in them. Investing in Bitcoin can be a daunting task, and you shouldn’t have to worry about it.
You should first know that Bitcoin is a type of cryptocurrency, one of the first digital currencies invented, designed and developed by Satoshi Nakamoto, which was released to the public in 2009.
And since then, the updates and improvements have been made by a network of highly experienced developers and the platform has been partially funded by the Bitcoin Foundation.
Since Bitcoin has become a topic of great interest and many people are investing in it, there is no harm in getting digital wealth too. Interestingly, in 2012, Bitcoin companies were able to raise only $ 2.2 million.
Despite the fall in prices this year, cryptocurrency continues to grow as users and merchants accept it as payment.
So how can you be a part of the action? Joe can be easy to invest in Bitcoin on average, he just buys some.
It’s been easy to buy today, with many companies across the U.S. and around the world involved in the buying and selling business.
For US investors, the easiest solution is Coin Base, a company that sells BTC to people with a brand that is typically around 1% of the current market price.
If you want a traditional exchange, Bit Stamp may be a better option because you can negotiate not only with the company, but also with the users.
The company only acts as an intermediary. Liquidity is higher and you can almost always find another person to take over the other side of your trade.
Quotes start at 0.5% and drop to 0.2% if you have traded more than $ 150,000 in the last 30 days. All of these are already in their own right, the means to make investments, because the more BTC you buy, the more profits you will accumulate if you choose to store them or resell them to other traditional buyers at a higher price than what you bought. real companies.
You can also buy bitcoins in a different way. One of the most popular offline channels is Local Bitcoins, a website that pairs you with potential buyers and sellers. When purchased, the coins are locked from the seller on bail, from which they can only be released to the buyer.
But buying offline bitcoins should be done with some extra precautions, which are always common, just like when you come across a stranger. Meet during the day in a public place and, if possible, bring a friend.
Bitcoin is the hottest thing on the net today. Investors and venture capital firms are betting on staying. For the average Trend, there are many ways to invest and buy in Bitcoin.
In the US, the most popular channels are Coin Base, Bit Stamp and Local Bitcoins. Each has its own advantages and disadvantages, so do your research to find the one that works best for you.