I am interested in buying around $100k of Bitcoin.
Is the best way to buy in small quantities on an exchange?
I read that some banks won't let you transfer money to a BTC exchange, and worse, may close your account.
I worry that the exchange may fail and I would lose all my Bitcoin
I worry that Bitcoins anonymity is not going to work, after all, my bank will know that I transferred funds to a particular BTC exchange, or to a block chain account.
I worry that if I manage to get money into Bitcoin, I may have trouble getting it back due to financial regulations.
I worry that I will lose my Bitcoin wallet due to an Internet problem.
I worry that my Bitcoin will be lost if I die.
By the way I have no worries about price changes. I can take the financial loss if there is one.
Please tell me if there are solutions to these problems.
Don't invest/ trade too much, when something going wrong it will kill you slowly. Try to buy bitcoin from local exchanges or trusted friends, it's easy to do. Too much worry make me suggested don't trading/ investment with btc. How can people do something when always worry? everything has risk and you must face it. First, understand the risk before doing something. Second, try to get knowledge. Third, test your strategy and fix your mistakes on real market. Do that and I believe your worries in not worth. Have a nice day.