Before buying bitcoin you have to take into account. ¿What?

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Investing in bitcoin is much easier than it seems since there are several ways to do it, as long as we look for a safe way to store bitcoin, so the first requirement is to have a bitcoin wallet or portfolio that allows us to store and manage our bitcoin. For what you don't know, a wallets are software applications or hardware devices that store the public and private keys of Bitcoin

The easiest way to acquire bitcoins is to buy them from a person you know who you trust and who has knowledge of the bitcoin ecosystem, since they can give you some advice before you buy and one thing that favors is that we have the advantage that the transaction is carried out at the convenience of both parties and payment methods can be more flexible.

But the most used modality to buy bitcoins is using exchanges or exchanges, such as Coinbase, Huobi or Binance, or also through P2P platforms such as Aitm among others.

But before buying in an exchange house or P2P platform it is necessary to register for which it usually requires your information and personal data for security. This is part of the KYC (Know Your Customer) policies since this is a fundamental requirement to avoid scams on the platform. It is also necessary to associate a bank account to the exchange account, which allows payments of the BTC acquired, and also receive national money when bitcoins are sold.

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Once you have the bitcoins you should become familiar with the different aspects of buying and selling bitcoin. If you want to have short-term profits, the best way is to trade and if you want to invest in the long term, I advise you to hold your bitcoins until the price increases considerably and sell your bitcoins to obtain the desired profit.

Note

Remember, do not share your wallet password with anyone as there is a risk of losing your funds. An old wise man once said that money is nobody's friend, there are always people in the world who are looking for ways to scam people and before investing you have to be sure through forums, communities that where you are going to invest is a serious project.

Hello! My name is Ruzmayra Suárez, I am from Venezuela, I am 27 years old. I always have the desire to improve as a writer to bring quality content to everyone. I hope you enjoyed my post. I invite you to follow me on my social networks and on steemit. I will do my best to post every day to share my content with you. Do not forget to support me and leave your comments, I would really appreciate it.

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