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Cryptocurrency Investing and Bitcoin Investing
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When i first starting investing in Bitcoin, i was full of questions and doubt.
What is bitcoin, and why should i buy?
How to buy bitcoin or crypto?
How to keep my crypto secure and safe?
How to gain passive income from my investments in bitcoin or crypto?
How much should i invest in cryptocurrency?
Will crypto be here forever, will bitcoin be the worldwide currency in 5 years?
What crypto should i choose?
After 5 years of investing in crypto, and learning something new every day, i can now answer to all this questions.
I will describe my experience with the crypto here, to help who is now approaching for the first time the crypto, and have all this doubts, and is looking for some answers.
What is Bitcoin ?
Bitcoin is an innovative payment network and a new tecnology use as a kind of money .
Bitcoin’s birth could be traced back to 2008, when someone under the name “Satoshi Nakamoto” published a paper called “Bitcoin: A Peer-to-Peer Electronic Cash System” (full paper here). The title of the paper captures two important features of Bitcoin:1
- Peer-to-Peer : Bitcoin allows direct P2P payments without 3rd-party intermediaries such as banks or payment processors. This is a major reason why Bitcoin is commonly regarded as a highly “decentralized” currency;
- Electronic Cash : There have been many past attempts to develop electronic cash, but what makes Bitcoin stand out is its clever use of existing technologies like cryptography and distributed system to make it highly secure and efficient.
Alternative coins (altcoins) are the other cryptocurrencies , that are different from bitcoin, and less popular or with a different vision and purpose. They exist with different visions, users, or because they have an edge that others do not have. This is also the case for cryptos, like Litecoin (LTC) and Bitcoin Cash (BCH) share bitcoin’s features but have faster transactions. Ethereum (ETH) and EOS focus on providing an open platform for writing smart contracts and building decentralized applications (DApps).
How to buy bitcoin or crypto?
Is possible to buy bitcoin anonymously, meeting in person with someone who is selling bitcoin or crypto, or you can use an exchange.
I have tested almost all exchanges, and my favorites are:
Binance
Coinbase
Metamask
Crypto.com
Binance is the World’s #1 cryptocurrency platform by trading volume!
Trusted by millions of users worldwide. Using Binance you can buy Bitcoin, Ethereum, ChainLink, Rune, Cardano, Binance Coin, SHIB, and more, all with some of the lowest fees in crypto.
Use the following link to register to Binance, and buy Bitcoin or other Crypto using a credit card.
https://accounts.binance.com/en/register?ref=25019082
Binance, is one of the best exchange, in all the world, because you can buy or sell crypto, or you can do Staking, earn Crypto, or Earn passive income from your crypto investments.
Mistery Box
Additionally, explore awesome art and collectibles on Binance NFT marketplace!
Is possible now to open Mistery boxes on Binance, you can win $600.000, starting from now.
Coinbase is one of the most trusted cryptocurrency platform.
Coinbase is a secure platform that makes it easy to buy, sell, and store cryptocurrency like Bitcoin, Ethereum, and more. Based in the USA and
available in over 30 countries worldwide.
Approximately 73 million verified users, 10,000 institutions, and 185,000 ecosystem partners in over 100 countries trust Coinbase to easily and securely invest, spend, save, earn, and use crypto.
Coinbase have different product , like Coinbase Pro and Coinbase Wallet, and in the USA you can stake your crypto, on coinbase Wallet to have passive incomes.
Metamask is a crypto wallet and gateway to blockchain apps.
Is not possible to buy crypto from Metamask, but you can send bitcoin from Binance or Coinbase, to your Metamask Wallet, and use your funds to buy new altcoins , who are not listed to the exchanges.
Metamask is really useful to early invest on bitcoins you believe most, and they are not listed on the biggest exchanges.
Crypto.com is trademark of Foris DAX Asia Pte. Ltd a subsidiary of Foris DAX MT (Malta) Limited a company incorporated in Malta and headquartered in Singapore that operates a cryptocurrency exchange app. The exchange currently has 10 million users and 3,000 employees.
Crypto.com is one of the youngest exchange, but like the others, offers the possibility to buy, sell or stake Crypto.
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