Crypto Bible — buy bitcoin with debit card
How to Cash Out your Cryptocurrencies back into fiat?
Posted by Taras Lanchev on
We have already discussed how to store Bitcoin and other cryptocurrencies, how much you should be paying for a Bitcoin transaction and for an Ethereum transaction. However, one important bit we’ve missed is how to withdraw cryptocurrencies back into fiat. If you’ve invested all your money into crypto and then realised that you need to eat and crypto can’t quite buy you food yet, you will definitely find this post interesting. Cashing out could be a challenging process and to be honest, this is where people normally run into trouble as they worry about safety and security of their money....
Should I buy Bitcoin now?
Posted by Taras Lanchev on
"The best time to buy Bitcoin was in 2011, the second best time is now!" To buy or not to buy? I see this question everywhere on the internet because everyone who knows even the slightest bit crypto is always regretting not buying 1 day/1 week/1 month/1 year ago and so on. 1. Trying to predict what the market will do is the worst strategy out there. It seems easy: "Buy low, sell high". But that's exactly when tons of people lose money. 2. You are asking complete strangers on the internet where to invest your money! Go out on the street...
How to buy cryptocurrency?
Posted by Taras Lanchev on
99% of the time people use real (government-issued fiat) money to purchase Bitcoin (BTC). After that, you can use your BTC to buy other, less popular cryptocurrencies often referred to as altcoins. You can use https://cryptoradar.co to find the best crypto prices on the market, but their system only supports a few cryptos and is too simple for my taste. Instead, you can use https://localbitcoins.com which is much better in my humble opinion. Obviously, when you buy BTC you will need a place to store your Bitcoins. The simplest way to store your crypto is to get https://jaxx.io wallet which is a multi-currency wallet available on mobile and desktop...