If you want to buy some bitcoins or cryptocurrency, but you just don’t know how to do it, then this article is for you. Or if you don’t want to mine for it, and you just want to spend some of your hard-earned money on Bitcoin – then we are going to show you exactly how to do that in the easiest and the most simple way. This article is going to be more specific about earning cryptocurrency, so stay tuned with us. You can also check best forex brokers site for further information once you finish reading this article.
Bitcoin is the most well-known cryptocurrency out there. It is the original cryptocurrency, and it’s also known as the BTC. Right now the current price of Bitcoin is seven thousand seven hundred dollars in September of 30th. It is a gigantic leap in the price like few hundred percent gains in the price in last few years – that is ridiculous, and that’s something that you can find very common when it comes to Bitcoin and cryptocurrency. When it comes to cryptocurrency in general or your investment, Bitcoin is probably the safest bet for you.
Many people started investing in cryptocurrency and specifically Bitcoin in 2017. You need some experience when it comes to it, and you need to know how to buy Bitcoin and all the other altcoins – it’s very simple to do. And you also need to know some technical stuff to mine Bitcoin itself if you want to do that, but in this article, we are just going to discuss how to buy some bitcoins. To do so, the first thing you’re going to need is either a cell phone or a computer with an internet connection, and you want to download the app called Coinbase. So, let’s open the Coinbase app now, and Coinbase has to be the simplest, non-scammy way to buy, sell or trade bitcoins. However, when you’re diving into this bitcoin or cryptocurrency field, one thing about this you have to keep in mind, in general, is that it is full of scams, and it is full of people trying to take your money, so please be aware of that.
Now, log in to your account in Coinbase, and you want to go into your BTC wallet. In your BTC wallet or Bitcoin wallet, you’ll see a Buy button, and that is as simple as it gets. There are only a few ways to make money when it comes to bitcoin. The number one way is to buy Bitcoin, hold it, and then when it raises in its value – you can sell it. The second way is to mine Bitcoin, and mining it is a lot harder. Mining it does come with a lot of disadvantages as well. You need to buy expensive hardware, you need to hook it up to the high-speed internet, and you also need to spend a lot of time, and a lot of energy and a lot of money when it comes to mining. But it is a fun hobby, and the third way to do it is to trade. You can trade Bitcoin on Coinbase easily.