Finally! I have found an easy way to buy bitcoin.
Someone introduced me to coinbase. I signed up to it and i entered my banking details.
I uploaded 400 dollars to my usd account, and now i am finally going to purchase my first bitcoin.
I am very happy about this. It's about time i can easily buy bitcoin from my bank,
So my question is: Once i buy my first bitcoin, what exactly do i do with it?
Do i leave it in my coinbase account? Is it safe there?
Or do i transfer it to my desktop computer?
I'm not familiar with this yet. I plan to always keep a balance of 1 bitcoin in my account for 5 years to 10 years,
the rest of the bitcoin i buy i will spend online.
What is everyone's advice?
if you have stuff like 2fa enabled on your coinbase account and feel very secure with it. storing it on their wallet is fine. but if u plan for leaving it for 5-10 years go witha paper wallet just to be safe.