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?
for beginners in bitcoin, you take a risk by buying bitcoin in large enough quantities, and reasonable if you are confused as to what you will do, in my opinion, you should keep it for some time, and I am sure you will make a profit in the near future this, because bitcoin prices continue to rise, but if you want to shopping oor buy something with bitcoin, you do not have to worry about security in coinbase, there is completely safe if you apply maximum security.
I have been using coinbase for a long time and it is very safe. You can keep you coins in coinbase, or if you want even more security, you can download a desktop wallet.