Buy Bitcoins – Bitcoin Investment
How To Buy Bitcoin
What is the best way to buy bitcoins? It will be surprising if you still have not heard of bitcoin – the new digital gold. Only, it is much much better than gold. Many people are rushing to get bitcoin. But what is the easiest way to buy this cryptocurrency?
Buy with credit card, cash, and bank account
The fastest and the easiest way to purchase the coin is to find websites that allow you to buy bitcoins using credit card. You simply register, choose the amount of bitcoin (BTC) you want to buy and then click Buy. The website will charge to your credit card and you will have your bitcoins. Fast and easy.
The only disadvantage is that you will incur some fees typically about 5-10% of the total amount. But you get to buy bitcoin quickly and easily. The recommended place to buy bitcoins is Coinmama. You can use your credit card or debit card to buy the bitcoins. You will receive the bitcoins instantly once the payment is made.
Buy with Paypal
At the time of writing, we did not manage to find any place that can buy bitcoin using Paypal. If you know of one, please drop us an email and let us know.
Buy at Walmart
Can we buy BTC at Walmart? Some of the Walmart stores have Bitcoin ATMs. Bitcoin atm is a standard cash atm where you can deposit or withdraw money. Bitcoin atm let you buy bitcoin using your credit or debit card. It is fast and convenient. The downside is that Bitcoin ATM charges higher fees as compared to other websites where you can get Bitcoin online at lower fees.
Buy Bitcoins anonymously
The best part of transacting in Bitcoin or any cryptocurrency is that the whole transaction is anonymous. No one will know where the Bitcoin go to.
The Best Place To Buy Bitcoins
The best place to buy bit coin is from online website at Coinmama, where the fees are among the lowest.
Bitcoin Investment – Why You Should Start Investing in Bitcoin
Are you trying to diversify your investment portfolio? Keeping your money in a savings account might seem to be a great decision, but if you learn about the different investment vehicles out there, you’ll learn that putting all your money in savings could actually be hurting your financial health. Start earning bitcoin today.
After all, the interest rate for most of the savings account is near zero, which means you won’t grow your money even if you have hundreds of thousands of dollars in your account. With inflation at 3-5%, your money is shrinking year on year. If inflation is 5%, your savings of say $100k will be down to $50k in 10 years time. Is this enough a reason that you should not park all your money in the bank?
For most people who are just getting their feet wet in the world of investing, the stock market proves to be the most popular option. It’s as if every investment guru advocates investing in stocks as a means of growing money over the long term.
Compound interest is a real thing, and it has helped a lot of people reach financial freedom. Of course, you have other options out there such as bonds and real estate. But there’s a new kid on the block which has garnered an overwhelming popularity over the past few years: Bitcoin.
Investing In Bitcoin | Cryptocurrency
Bitcoin is a digital currency operating in a decentralized platform. To make it simple, you can think of bitcoin as similar to fiat, only that there no single institution that controls it. There’s no central bank or any kind of middleman to worry about. It’s relatively young at only eight years of age, but a single bitcoin is now valued at over $8,000.
At the start of 2017, its value was only about $1,000. Today, at the time of writing, Bitcoin value is at $11,000. That’s a 1000% return within a year! It’s amazing to think how this cryptocurrency has increased in value in such a short period.
Bitcoin is most popular
Because of the immense popularity of bitcoin, an increasing number of people have started to put their money in it. It’s worth noting that there are other digital coins out there, but bitcoin sits comfortably at the top. Aside from being the first, bitcoin is only one of few digital currencies that has a clear real-world use. Other coins have questionable use cases, making them a riskier option for investors.
The Digital Gold
Even financial analysts and prominent investors have taken a liking to bitcoin, describing it as “digital gold.” In traditional investing, gold has long been considered a long-term store of value. People invest in gold because of its ability to retain its value. The same thing can be said for bitcoin, although its value still keeps increasing.
When Is The Best Time To Buy Bitcoin?
Bitcoin price has grown 1000+% in 2017 alone. Did you miss the boat? If you did miss the bull run like most of the investors out there, then you should give yourself a slap. But move on after the slap. You are still not too late in the game. At the time of writing, bitcoin price is hovering around $15k- $21k. The price will continue to be testing this range. But I firmly believed the price will break out and reach $40k to $50k in 2018.
Bitcoin is bubble?
You probably are like most of the retail investors that were too afraid of investing in bitcoin at the beginning because you did not understand how cryptocurrency work and are too afraid of taking the plunge because you hear from CNN, Politicians, Banks that always say that bitcoin is a bubble. If you take a closer look you will notice that most of the bad news about bitcoin comes from the above group of people. The people that supported bitcoins are those from private sectors such as Bill Gates, Virgin CEO etc. Government and banks do not want you to buy bitcoins. They are afraid of losing control.
Bitcoin is better than gold
Bitcoin is Better than gold. We do not know how much gold there are on the ground (there are plenty deep inside the earth). But we know how much BTC there are – 21 million of them to be exact. 4 million are lost due to people forgetting their password, lost their wallets etc.
1 to 2 million people are signing up new crypto accounts each week currently. At the current pace, you will have a few hundred millions of crypto investors coming on board in 2 years times. These few hundred million new investors will try to get their hands on the remaining limited few million bitcoins that are currently available. I bet the price will skyrocket.
My advice is to stock up Bitcoins as much as you each week/month.
“Live this 2 years like no one want to – And live the remaining of your years like everyone want to”
Pay With Bitcoin
More and more business establishments have also started to accept bitcoin as a form of payment. This helps with the scalability issues of bitcoin, but it still isn’t as liquid as cash. Unlike buying in cash where you get the item you want in an instant, paying in bitcoin requires a short waiting period. Transaction fees are also a bit high. These two issues are the main roadblocks to bitcoin’s quest to replace fiat as the primary means of payment, although other digital coins have found a certain level of success in bringing down processing times and transaction fees.
Don’t Miss The Boat
Considering the continuous development of bitcoin, it isn’t difficult to see its value skyrocket over the following year. And with more businesses embracing the world of cryptocurrencies, you won’t want to miss this opportunity to grow your money.
- 1 How To Buy Bitcoin
- 2 The Best Place To Buy Bitcoins
- 3 Bitcoin Investment – Why You Should Start Investing in Bitcoin
- 4 Inflation
- 5 Traditional Investment
- 6 Investing In Bitcoin | Cryptocurrency
- 7 When Is The Best Time To Buy Bitcoin?
- 8 Pay With Bitcoin
- 9 Don’t Miss The Boat