Well, as with almost anything else in life, if not all, you must buy it before you can invest in it. Investing in Bitcoin can be very challenging, and that is if you don't have the set step before you.
You should first know that Bitcoin is a type of cryptocurrency, one of the first digital currencies, which was invented, designed, and developed by Satoshi Nakamoto, and was released to the public in 2009.
And from there, a network of highly experienced developers has made updates and upgrades, and the platform has been partially funded by the Bitcoin Foundation.
Since Bitcoin has become a topic of great interest and many people are investing in it, there is no harm if you also get some digital wealth. It is interesting to note that, in 2012, Bitcoin companies were only able to raise $ 2.2 million.
So how can you be part of the action? Investing in Bitcoin for the average Joe can be simple if you just buy something.
Buying it today has been simplified, with many companies in the United States and everyone involved in the buying and selling business.
For American investors, the easiest solution is Coin Base, which is a company that sells BTC to people with a profit margin that is generally around 1% above the current market price.
If you want a traditional exchange, Bit Stamp may be a better option because users will not only trade with the company, but also with the users.
The company only acts as an intermediary. Liquidity is higher and you can almost always find someone else to take the other side of your trade.
Rates start at 0.5% and go up to 0.2% if you have traded more than $ 150,000 in the last 30 days. All of these are already your way of investment, because the more you buy BTC, the more profits you will accumulate if you choose to store it or resell it to other traditional buyers at a higher price than the one you bought with the real companies.
You can also buy bitcoin price in a different way than the exchange. One of the most popular routes to go offline is Local Bitcoins, which is a website that matches you with potential buyers and sellers. When buying, the coins are locked by the seller in the escrow, from where only the buyers can be released.
But buying bitcoins offline should be done with some extra precautions, which are always common, as you would when you meet a stranger. Meet during the day in a public place and, if possible, bring a friend.
Bitcoin is the most popular online right now. Investors and venture capital firms are betting it is here to stay. For the average Joe, there are many ways to invest and buy Bitcoin.
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