How to buy BITCOIN safely? Hmmmm

How to buy BITCOIN safely?

       This is an article about how to buy BITCOIN step by step and doing it by safe and secure so that if you invest you will not have a regret. Before you buy some bitcoin, its really important to know how risky it is because we all know that bitcoin now is increasing and the fee if we pay on it is increasing also.

So how to buy BTC safely?

*Make sure your safety and security ease of use and the good value, make sure the money that you invest is supremely secure

*Second make sure that you are getting a good value and not paying in too much money in fees , its okay in paying a little bit more for an extra added layer of security.

*Do not buy EVER EVER EVER buy bitcoin with credit or debit because their fees are high as the original fee. So insane right? For reference the stock market returns 7% per year and youre just gonna pay half of that just to start investing.

Before buying bitcoin, you have to find a place to store them. When you have a few hundered dollars,you can keep them in your wallet. If you have a lot of cash, you might need a safe, or you can simply keep them in a bank and use your debit to access that cash. You need to download the entire history of bitcoin transactions. Since it a system that cannot be hacked, you need to have the entire history on your computer or hard disk. Choose you operating system and install over gb of blockchain. Make sure to have password on your wallet because if you don’t have it then someon will can access to steal it. You must have a strong password and never forget it.

The best way to keep our crypto is we can keep it on ONLINE WALLET. Online Wallet are exactly like banks for cryptos. All you have to do is sign up and you will automatically be given an address and a private key that consist of long words.You can use that address to send or receive bitcoins instantly. You can download an app on your phone and start sending and receiving money with a few clicks.You don’t have to download the entire history of btc transaction like in the first case because that online wallet does everything for you. Its even easier than opening a bank account. BUT there is a catch. Evrything that’s easy always comes with a catch. In the first case where you had to download the entire btc blockchain, you were the only one who had access to your wallet but in the second case the online wallet belongs to the company, and you are given only to access to it like banks. When you keep your money in a bank, you don’t own that bank. The bank simply opens an account for you and gives you an access to that account.Which means the bank theoretically can block you, freeze your account or even STEAL your money, But because banks are heavily regulated at least compared to online cypto wallets,it very unlikely that any major would do something like that. Uless you are going to do some shady business. And keeping your money in an ONLINE WALLET is pretty similar to keeping them In an bank since that online wallet has full access to your wallet.

I have a most trusted site or app to buy a BITCOIN which is a GEMINI or COINBASE. There are a lot of them, but these are the most trusted one.

That’s all for now! Thank you , God bless and HAPPY EARNING!