Post
Topic
Board Beginners & Help
Re: How to Buy Your First Bitcoin
by
Mickeyb
on 14/10/2015, 20:38:43 UTC
One of the questions I get asked all the time is How do I buy my first bitcoin.

I put together a comprehensive guide to buy bitcoin for people who want to buy their first bitcoins.

The step-by-step post covers:
  • Coinbase - the option most people want.
  • LocalBitcoins - if you NEED bitcoins today.
  • Buying bitcoin with a brokerage account (IRA, 401K, etc.)
  • BitWage - how to get a portion - or all - of your salary in bitcoin.
  • Exchanges - for bitcoin traders and experienced investors.
  • Why Bitcoin Mining is a bad way to get bitcoins.

If you are a beginner looking to buy bitcoin, let me know what you think.

--dave

Hey Dave, welcome and thanks for making this very nice guide! I will bookmark it and share with people who I introduce to Bitcoin and who might ask me the same questions as people have asked you!

Even though there are some things that I wouldn't do as a beginner, I think that these things are OK to slide for the beginners! They will get away with them.