How To Get Bitcoins (BTC)
Bitcoin is the controversial and much talked about “cryptocurrency” that flew up to $20,000 apiece in 2017. Since then Bitcoin and the rest of the cryptocurrencies have been relatively flat and the current Bitcoin price rests around $10,000.
But the gears of the financial industry are moving quickly and working towards adopting Bitcoin and blockchain technology as fast as they possibly can. The Bakkt futures exchange is launching in little over a week. Onmi recently launched Bitcoin options trading in the U.S. Bitcoin is a commodity with massive potential, but people generally do not understand it or understand its popularity. There are ways of getting it without needing to understand it at all however.
First check out How To Get Rich
I explain a lot of the philosophy behind how and why I treat money the way I do. There are linked articles in that one I highly recommend as well.
One thing I want to mention before I talk about how to get bitcoin is what Bitcoin actually is. Bitcoin is digital money. A person can send a fraction of a Bitcoin. Since Bitcoin is coded for more than 10 decimal places a person can send .00001 Bitcoin somewhere. They can send .006230522, .0001 or .0000000001. So conceptually it’s important to grasp this.
2 Simple Ways To Get Bitcoin (BTC)
The first way is the easiest way. It’s a way to avoid the complexity and confusion of the cryptocurrency and Bitcoin address system. Bitcoin uses very long addresses to send and receive coins and if you mistakenly send some to the wrong address it’s lost for good.
So with Coinbits app, all you have to do is connect your bank account, credit or debit card(s), and let the app do the rest. They will round up your spare change by rounding up to the nearest dollar and buy Bitcoin (BTC) at the current price. You go from USD to BTC and BTC to USD. They also have simple one-time deposits available as well for those who don’t want to invest via the spare change route. You never actually have to deal with BTC because when you deposit or round up Coinbits buys the BTC and holds it. When you want to withdraw, you receive USD (BTC to USD). Here is an example of the Coinbits dashboard:
It shares the BTC amount you have, the USD total, the profit, and the amount you invested. Very straightforward and simple. I’ve been using it for months and haven’t had any issues with it. * Note Coinbitsapp is for US residents only.
To start investing in Bitcoin fast with Coinbitsapp, click below
If you’re an international resident unfortunately you can’t round up with Coinbitsapp. However, there is a solution that is coming very soon called Skraps. Unlike Coinbitsapp, Skraps will allow you to round up not only Bitcoin but other cryptocurrencies as well which will diversify your holdings. To sign up with Skraps now click below:
One of the advantages of Skraps is they invest directly into your own cryptocurrency wallet. (I Recommend Exodus). So you will have full custody of all your investments. These two methods are passive ways to build your portfolio. I recommend that you hurry and get on board with one of these or both because this week will be very intense and potentially extremely profitable if you get involved now.
Bakkt futures exchange launches today and Bitcoin ETFs are under review. So Bitcoin is close to going totally mainstream. You don’t want to be one of the people who missed out because you were fearful or just not paying attention. Take action.