A Step-by-Step Guide to Bitcoin Investing

As with almost everything in life – if not all – you have to buy it before you can invest in it. It can be very difficult to invest in Bitcoin if you don’t have a step in front of you.

First of all, you should know that Bitcoin is a type of cryptocurrency, one of the first digital currencies, invented, designed and developed by Satoshi Nakamoto and introduced to the public in 2009.

And since then, updates and improvements have been made by a network of very experienced developers, and the platform has been partially funded by the Bitcoin Foundation.

As Bitcoin has become an interesting topic, and as many people have invested in it, there is no harm if you also acquire digital wealth. Interestingly, back in 2012, Bitcoin companies were able to raise only $ 2.2 million.

Despite the decline in prices this year, the cryptocurrency continues to grow both among users and merchants who accept it as payment.

How can you be part of the campaign? For the average Joe, investing in Bitcoin can be simple, he just buys some.

It is now easier to buy it with many companies in the United States and everywhere involved in sales.

The easiest solution for US investors is Coin Base, a company that sells BTC to people at a price about 1% higher than the current market price.

If you want a traditional exchange, Bit Stamp may be a better choice, because users will trade not only with the company, but also with users.

The company acts only as an intermediary. Liquidity is higher and you can almost always find another person to take over the other side of your trade.

If you have traded more than $ 150,000 in the last 30 days, commissions start at 0.5% and go down to 0.2%. All of this is already on its way, an investment tool, because the more you buy BTC, the more you choose to keep it or sell it to other traditional buyers at a higher price than you will. real companies.

You can also buy bitcoins in other ways than exchange. One of the most popular routes for such offline is Local Bitcoins, a website that connects you with potential buyers and sellers. At the time of purchase, the coins are locked in a deposit from the seller, from where they can be released only to buyers.

However, buying bitcoins offline, as when meeting a stranger, should always be done with some additional precautions that are common. Meet in a public place during the day and bring a friend if possible.

Bitcoin is currently the hottest thing online. Investors and venture capital firms are betting that he will stay here. For the average Joe, there are many ways to invest and buy Bitcoin.

The most popular avenues in the United States are Coin Base, Bit Stamp and Local Bitcoins. Each has its advantages and disadvantages, so do some research to find the one that works best for you.