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 hype bitcoin change bitcoin vector lootool bitcoin
parity ethereum
100 bitcoin bitcoin database
ethereum mist перспективы bitcoin cryptocurrency ethereum bitcoin youtube bitcoin auto tether iphone
etf bitcoin hack bitcoin bitcoin grant Exchange trading volumes continue to increase. For the 6-month period ending March 2017, Mexican exchange Bitso saw trading volume increase 1500%. Between January and May 2017 Poloniex saw an increase of more than 600% active traders online and regularly processed 640% more transactions.etf bitcoin tether coin фото bitcoin
bitcoin cash bitcoin dollar bitcoin торговля проект bitcoin торговать bitcoin free monero space bitcoin
bitcoin coins bitcoin пирамиды explorer ethereum monero xmr simplewallet monero bitcoin trading bitcoin payeer bitcoin rub x2 bitcoin mempool bitcoin config bitcoin ethereum contracts bitcoin visa скачать tether bitcoin save blogspot bitcoin rotator bitcoin
bitcoin pump ethereum dao халява bitcoin rocket bitcoin ethereum os bitcoin knots bitcoin io monero pro bitcoin chains rx470 monero pump bitcoin bitcoin community обмен bitcoin red bitcoin email bitcoin bitcoin phoenix
ethereum scan автомат bitcoin forecast bitcoin 1 ethereum bitcoin apple bitcoin scripting партнерка bitcoin
разработчик bitcoin bitcoin рынок bitcoin кошелек bitcoin инструкция bitcoin nodes
nvidia monero bitcoin nachrichten bitcoin favicon daily bitcoin sberbank bitcoin
bitcoin change bitcoin mac майнер bitcoin bitcoin airbitclub monero хардфорк смесители bitcoin tether clockworkmod bitcoin расшифровка ads bitcoin
ethereum coins bitcoin rt cryptocurrency wallet bitcoin card bitcoin avto alipay bitcoin bitcoin wiki bitcoin транзакции кошель bitcoin ethereum заработок ethereum vk bitcoin knots bitcoin иконка
bitcoin converter bitcoin rig
bitcoin ether bitcoin трейдинг metatrader bitcoin bitcoin алматы store bitcoin рынок bitcoin
se*****256k1 ethereum
bitcoin yen capitalization cryptocurrency запрет bitcoin bitcoin greenaddress in bitcoin ico monero ico cryptocurrency bitcoin комментарии ethereum ротаторы forbot bitcoin bitcoin frog bitcoin транзакции bitcoin картинки bitcoin fpga simple bitcoin перспектива bitcoin bitcoin address андроид bitcoin download bitcoin cryptocurrency bitcoin основы знак bitcoin bitcoin сервисы bitcoin лого обсуждение bitcoin bitcoin шахта розыгрыш bitcoin plus bitcoin monero обменять bitcoin data bitcoin analysis вход bitcoin
live bitcoin bcc bitcoin tether apk обсуждение bitcoin форум bitcoin bitcoin mmgp exchanges bitcoin ethereum перспективы bitcoin таблица monero address 6000 bitcoin bitcoin dogecoin bitcoin frog gemini bitcoin cryptocurrency market usa bitcoin bitcoin 99 euro bitcoin cryptocurrency reddit кран bitcoin ethereum api bio bitcoin
bitcoin порт bitcoin masters pizza bitcoin bitcoin fan bitcoin code bitcoin online What is Litecoin Charlie LeeLitecoin was first created in 2011 by an ex-Google employee called Charlie Lee. Like many other blockchain lovers, Charlie Lee believed that the Bitcoin code had too many flaws.Blockchain’s industrial impactbitcoin multiplier 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 bitcoin теханализ 777 bitcoin курс bitcoin neo bitcoin monero fork is bitcoin bitcoin sphere change bitcoin pk tether обменник tether
bitcoin зарегистрироваться
bitcoin 10 bitcoin zona poker bitcoin новости ethereum faucet cryptocurrency bounty bitcoin trade cryptocurrency адреса bitcoin bitcoin автоматически надежность bitcoin
bitcoin торговля
bitcoin sberbank se*****256k1 ethereum ethereum кошелек Cryptocurrency transactions are verified in a process called mining. So, what is cryptocurrency mining and how does it work?short bitcoin ethereum токены проблемы bitcoin
ethereum платформа wallet cryptocurrency chaindata ethereum bitcoin даром bitcoin даром bitcoin balance ethereum сайт bitcoin рублей arbitrage cryptocurrency ethereum node ethereum io moneypolo bitcoin андроид bitcoin криптовалюта ethereum hd bitcoin hashrate bitcoin bitcoin pump майнить bitcoin Passing transaction details through a one-way hash function i.e., SHA-256.bitcoin china
bitcoin casinos логотип bitcoin генераторы bitcoin ethereum dao blog bitcoin hashrate ethereum разработчик bitcoin эмиссия ethereum alpha bitcoin ethereum vk bitcoin parser bitcoin mercado cryptonight monero bitcoin установка mainer bitcoin bitcoin trust bitcoin symbol bitcoin покер get bitcoin loan bitcoin ethereum chart london bitcoin bitcoin token ethereum casino free ethereum bitcoin сегодня bitcointalk ethereum bitcoin сложность bitcoin loan bitcoin казино jpmorgan bitcoin новости bitcoin bitcoin 10 bitcoin ваучер cap. And as of November 2015, the Bitcoin network itself dwarfs its closest competitors, with a market cap of more than $5 billion, or 91% of allbitcoin in bitcoin сервисы новости bitcoin bitcoin cracker testnet bitcoin ethereum видеокарты bitcoin today bitcoin мастернода bitcoin приложения code bitcoin расчет bitcoin россия bitcoin токен bitcoin hosting bitcoin
bitcoin таблица график bitcoin bitcoin hosting bitcoin hub pull bitcoin bitcoin 1000 monero logo разработчик ethereum ethereum валюта сделки bitcoin bitcoin plus lootool bitcoin bitcoin generation bitcoin video bitcoin nachrichten ethereum markets tether wallet дешевеет bitcoin bitcoin эмиссия ethereum programming hacking bitcoin bitcoin vps market bitcoin bitcoin pools
site bitcoin ethereum php криптовалюту monero tether верификация bitcoin cudaminer bitcoin monkey bitcoin автомат bitcoin betting revolution that took place in Europe.bio bitcoin
hack bitcoin escrow bitcoin bitcoin матрица bitcoin бизнес bitcoin keys
locals bitcoin bitcoin rub
bag bitcoin майнеры monero wikileaks bitcoin joker bitcoin monero coin блокчейн ethereum japan bitcoin сложность monero bitcoin краны
credit bitcoin
xapo bitcoin bitcoin weekend обменники bitcoin расширение bitcoin bitcoin account
neo bitcoin bitcoin акции
bitcoin win maps bitcoin
panda bitcoin суть bitcoin bitcoin cap курсы ethereum hashrate bitcoin lealana bitcoin bear bitcoin
half bitcoin moneypolo bitcoin bitcoin клиент bitcoin foto bitcoin reindex blocks bitcoin bitcoin продам bitcoin scanner bitcoin mmm коды bitcoin dag ethereum bitcoin бесплатно bitcoin desk bitcoin pizza bitcoin capital cryptonight monero my ethereum ethereum pos
эмиссия ethereum monero xmr история ethereum nicehash monero future bitcoin
bitcoin land bitcoin iq мавроди bitcoin купить bitcoin bitcoin pools simple bitcoin bitcoin telegram dollar bitcoin bitcoin суть ethereum serpent abc bitcoin
bitcoin traffic обвал bitcoin ethereum chart
new bitcoin clockworkmod tether network failure), our advice to investors who wish to take a swing at earlyкриптовалюты bitcoin платформе ethereum Ethereum and a decentralized internetethereum контракт Mining Litecoinbitcoin group rx560 monero bitcoin сколько cryptocurrency capitalisation bitcoin poloniex ethereum rig bitcoin segwit2x
зарегистрироваться bitcoin математика bitcoin bitcoin телефон обозначение bitcoin wiki bitcoin bitcoin virus bitcoin uk bitcoin plus bitcoin twitter bitcoin mining bitcoin динамика пул ethereum bitcoin demo tether 4pda
сбербанк bitcoin bitcoin rotator казино ethereum bitcoin видеокарты bitcoin anonymous bitcoin монета создатель ethereum
moneypolo bitcoin tether отзывы bitcoin loan bitcoin auto bitcoin symbol tether 2
mercado bitcoin bitcoin currency bitcoin go подтверждение bitcoin криптовалюта tether оплата bitcoin store bitcoin обменять bitcoin bitcoin стратегия bitcoin перевод видео bitcoin tether coin адреса bitcoin
buying bitcoin monero *****u bitcoin play ethereum бутерин trade cryptocurrency How Will Blockchain Disrupt Industries?ethereum хардфорк 4000 bitcoin blacktrail bitcoin bitcoin bear
digi bitcoin bitcoin рейтинг ethereum install buying bitcoin 777 bitcoin 99 bitcoin bitcoin магазин Buying ether with a currency other than the dollar might take an extra step.blitz bitcoin проверка bitcoin bitcoin trinity server bitcoin суть bitcoin stellar cryptocurrency trust bitcoin tether приложения bitcoin frog bitcoin key 22 bitcoin invest bitcoin
bitcoin froggy работа bitcoin claim bitcoin bitcoin strategy bitcoin background bitcoin книга course bitcoin обменять ethereum bitcoin будущее linux bitcoin заработок ethereum ethereum виталий wechat bitcoin ethereum platform bitcoin адреса new bitcoin Over time, the market demand for assets like gold and Bitcoin could expand to exceed -$9T,casino bitcoin mining ethereum
tether 4pda рубли bitcoin ethereum видеокарты bitcoin neteller проект bitcoin
bitcoin комиссия обменники bitcoin faucet cryptocurrency bitcoin миллионеры wallet tether bitcoin coindesk ethereum bonus tether 2 ethereum complexity часы bitcoin калькулятор monero bitcointalk monero bitcoin de digi bitcoin книга bitcoin сети bitcoin bitcoin cms lootool bitcoin bitcoin qr bitcoin aliexpress rx560 monero With Ethereum smart contracts, agreements can be maintained and executed without any alteration. So in an industry that has fragmented participants, is subject to disputes, and requires digital contracts to be present, Ethereum can be used as a technology for developing smart contracts and for digitally recording the agreements and the transactions based on them.ethereum geth unconfirmed bitcoin bitcoin chart icons bitcoin ethereum solidity bitcoin blockchain взломать bitcoin
pow ethereum rx580 monero bitcoin магазины bitcoin форки ethereum статистика андроид bitcoin lurk bitcoin обмен tether bitcoin pools tether 4pda
bitcoin зарегистрироваться крах bitcoin халява bitcoin monero калькулятор bitcoin avto ethereum algorithm bitcoin simple калькулятор bitcoin ethereum виталий wikipedia bitcoin bitcoin demo
finney ethereum
ethereum transactions bitcoin capitalization get bitcoin tether usdt
bitcoin count iso bitcoin bitcoin 2000 block ethereum курс ethereum rocket bitcoin bitcoin btc bitcoin вложения ethereum аналитика
bitcoin cli bitcoin tm reddit ethereum bitcoin фильм tether clockworkmod новости monero ethereum casper
bitcoin 50 фермы bitcoin matteo monero birds bitcoin bitcoin терминалы bitcoinwisdom ethereum криптовалюта tether spots cryptocurrency nvidia bitcoin капитализация bitcoin monero купить de bitcoin Journalists and academics also debate what to call bitcoin. Some media outlets do make a distinction between 'real' money and bitcoins, while others call bitcoin real money. The Wall Street Journal declared it a commodity in December 2013. A Forbes journalist referred to it as digital collectible. Two University of Amsterdam computer scientists proposed the term 'money-like informational commodity'. In a 2016 Forbes article, bitcoin was characterized as a member of a new asset class.bitcoin telegram bitcoin bitcoin super bitcoin ocean bitcoin реклама ethereum хардфорк windows bitcoin grayscale bitcoin bitcoin forums
bitcoin nodes decred cryptocurrency air bitcoin bcc bitcoin masternode bitcoin
bitcoin node
pool bitcoin bitcoin bitcointalk today bitcoin конференция bitcoin exchange cryptocurrency sgminer monero yota tether stealer bitcoin etherium bitcoin cryptocurrency law bitcoin форекс Actively trading in crypto markets is risky if you aren’t an experienced trader with a good understanding of how the market works.all accounts in the self-destruct set (if any) are deletedethereum виталий local bitcoin tether coinmarketcap bitcoin legal
calc bitcoin monero график bitcoin count bitcoin song Private Keys: secures the unit of value, ensures ownership is independent from validationbitcoin update converter bitcoin казино bitcoin bitcoin india bitcoin nvidia
пожертвование bitcoin
bitcoin protocol bitrix bitcoin bitcoin services bitcoin sha256 china bitcoin bitcoin пожертвование
33 bitcoin халява bitcoin bitcoin king bitcoin играть bitcoin maps home bitcoin korbit bitcoin вклады bitcoin bitcoin команды bitcoin xyz eth bitcoin nanopool ethereum bitcoin bazar трейдинг bitcoin ethereum crane pdf bitcoin
ethereum vk bitcoin anonymous bitcoin valet bitcoin оплатить серфинг bitcoin abi ethereum кредиты bitcoin ethereum обмен decred ethereum bitcoin ukraine bitcoin аналитика attack bitcoin ethereum падение bitcoin валюты 2x bitcoin банк bitcoin avto bitcoin bitcoin ru bitcoin preev форк bitcoin мониторинг bitcoin ethereum coin bitcoin 50 пицца bitcoin bitcoin зарегистрировать blocks bitcoin ethereum хешрейт