Buying Your First Bitcoin (… or fraction thereof)
Someone on our team wrote a comprehensive guide that you can download and read right now. You’ll need to sign up on a crypto currency exchange such as Coinmama. You usually verify your identity, connect your bank account, and then make a purchase at the market rate. (Using that CoinBase link nets you $10 free Bitcoin after your first $100 purchase.)
Knowing exactly when to get involved in digital currencies is the hard part. If you try to predict the highs and lows, you’ll run the risk of making an error that costs you dearly. For example, a friend of mine predicted that the cost of Bitcoin would drop, so he sold most of his. Right after he did that, the price increased… and how much regret he felt after that!
Therefore, don’t let emotions get in the way when it comes to making your first purchase. It’s best that your first investment is small and immediate. And, as the guide explains, you’ll want to make frequent investments no matter the price to experience the greatest success.
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