Investing in Bitcoin is actually way more simple than many people think, it is actually one of the easiest investments you can make. Another great thing is that you can start investing no matter what budget you are on. This post will show you how to get started in the most secure and easy way.
It basically works in 2 easy steps:
Step 1
First, you buy yourself some Bitcoin (and/or other Cryptocurrency) at an exchange, pretty much any exchange will do the job but if you want to go with the easiest and fastest ones to get started with I would recommend any of the ones below:
Here you can not only purchace Bitcoin and other cryptos but you can also get yourself a new ATM card that do NOT involve banks! pay with it (anonymously) anywhere in the world without fees + cashback when you use your card! You can apply for your card after you have registred on the app where you can also purchace crypto instantly and also trade.
Register on this page (Bonus code: gm82s6uy5v gets you $25 worth of free Bitcoin)
Another platform where you can get yourself a ATM card that you can use without any banks involved. The card can be used everywhere mastercard is accepted. You also got cashback features, you earn interest by staking different cryptos, and much more you might want to take advantage of on this trading platform where you can buy crypto instantly!
Register on this page (20% discount on trading fees)
Worth to mention (while you are at it):
You only need to sign up to the above exchange to get started and use the most common cryptos such as Bitcoin, Ethereum, Litecoin, etc. However, it might be a good idea to invest in some “upcoming altcoins) also.
Another exchange worth signing up to (due to their wider selection of coins) is the well-known and trusted Binance exchange. It is the one I personally use the most, even if I purchase from the 2 above, I usually end up transferring much of it to Binance to invest in some of the altcoins I strongly believe will “explode” in a near future.
So, while you are at it, if you want a more “useful” platform where you can purchace Bitcoin and other Cryptos directly with your credit card aswell, then it might be a good idea for you to sign up for Binance also:
==> Get yourself a FREE account here
Step 2
Ok, now you got yourself some crypto and even though you can store your investment on the exchanges above you need to know that it is never a good idea to do so… At least if the amount is more than you would be prepared to lose.
So, what you need to do now is secure your investment, and the absolute best way to do that is to move your Bitcoin and other cryptos offline. Into a so-called cold storage wallet. A physical wallet in other words.
The most common one is the Trezor wallet and it is also the same one I use myself, you can get it on different places but I would recommend that you only buy it from the Ledger Nano s website to avoid any “copies”
Trezor (Off-line wallet)
Together with the Ledger above Trezor is the most well-known and commonly used off-line wallet. I recently ordered myself a Trezor (the T model) as my favourite coin Monero is not supported by Ledger, and why not have 2 different wallets, right?
Order your Trezor on this page (Trezor official website)
Important:
ONLY order from their official website even if you find “cheaper one” from other sources as those might NOT be safe.
Step 3
That´s it! There is no step 3!
You are no safe from ANY hacker attack online and also the exchange isn´t in control of your assets.
You are in control.
It isn´t harder than that to get yourself some Cryptos to sit on (in a safe way) and wait for it to grow.
/Michael
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