The Best Way to Invest in Bitcoin for Beginners

Are you thinking of investing in Bitcoin but have no idea how to get started?Well, you can now rest easy because this article is a complete guide on how to start investing in Bitcoin for beginners.

Let Me Tell You a Story

The early investors in bitcoin made millions of dollars in pure profits between December 2016 and December 2017. The value of the bitcoin rose from $750 to over $20,000 in just a year.

That means anyone who had invested in Bitcoin within that period suddenly became rich! Stories of Bitcoin success circulated everywhere and creating a lot of hype around the Bitcoin bubble.

About The Bitcoin

Bitcoin is a digital currency, just like other cryptocurrencies that have value. Bitcoins are used as a medium of exchange from peer-to-peer, and no banks or central government is involved. Bitcoin system work on blockchain technology that makes sure the user’s bitcoins are safe from fraud. The numbers of bitcoins that are in circulation at present are 21 million.

Let’s start Buy Bitcoin

Follow the steps carefully to purchase your Bitcoin:

1.Get a digital wallet

The Most secure wallet right now for investors to sign in to the Coinbase This is the link you need to click on this link to get $10 of free Bitcoin(or copy the link to open it into the browser you use) : https://www.coinbase.com/join/shahmo_24?src=ios-share

• Need to enter all your data completely and all need to be accurate. It is a safe place to enter your data. More questions and data will be asking when creating an account to make sure it is you who making an account and ordering crypto coins.
• Securing your wallet should be a priority for you because while transacting bitcoin. You may ask how? By doing the two-step authorization security on the app.
• It is safe to connect your wallet to a bank account because all the transaction happens with high security.

After adding your information and connect to your bank account, Next

2. Add bitcoin to your wallet

Start by joining a Bitcoin exchange — an online marketplace where you can exchange bitcoin for a local currency like USD.

• Easily choose your coin (bitcoin, Ethereum, …) and purchase the product
• Remember to keep your private key safe. You can copy it and back it up on offline storage that is available only to you.

3.Use your bitcoin to send and receive bitcoins

When sending bitcoins, it’s important that you pay close attention to the receiver’s details so that you make no mistakes. Remember, bitcoin transactions are irreversible. The bitcoin is market is very volatile, but if the prices reach the sky, you can still buy a tiny fraction called Satoshi.

The steps mentioned above are for the beginners who are entering into the world of cryptocurrencies and wanting to invest in bitcoins.

Congratulations! You have made your first bitcoin transaction.

More Guideline articles about world investing will publish soon!