The Bitcoin Capitalist's Guide to Safely Investing in Bitcoin
A Beginner's Step-by-Step Strategy for Long-Term Growth
Are you new to Bitcoin and feeling overwhelmed by the vast array of options available in the cryptocurrency market? The Bitcoin Capitalist recommends starting with Bitcoin itself and avoiding the highly speculative altcoins.
To start investing in Bitcoin, the Bitcoin Capitalist suggests implementing a dollar cost averaging (DCA) strategy. This involves setting up a weekly or biweekly purchase of a set amount of Bitcoin, regardless of its current price. By doing this, you can avoid making emotional buying or selling decisions and instead accumulate Bitcoin over the long term.
When it comes to choosing a Bitcoin exchange, the Bitcoin Capitalist recommends Swan Bitcoin as the safest and most secure option. Unlike other exchanges, Swan Bitcoin only sells Bitcoin and doesn't allow loans or leveraged trading, minimizing the risk of bankruptcy. Additionally, the Bitcoin purchased on Swan Bitcoin is kept in cold storage, meaning it is not vulnerable to hacking and is securely stored.
Finally, Swan Bitcoin offers one of the lowest fees in the industry, making it an affordable option for those just starting out with Bitcoin. By using Swan Bitcoin and implementing a DCA strategy, you can start investing in Bitcoin with confidence and potentially reap the benefits of the cryptocurrency market. Remember, not your keys, not your Bitcoin – take possession of your Bitcoin and keep it safe.
Swan Bitcoin Link to set account up