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.
worry is part of human feeling that warn us to be careful about an action that we are about to take. Investment is a risk and you most accept this fact in other to understand what you about to enter as a traders. My advise for you is to stop investing in cryptocurrency if you think it is too risky for you. You may lose your money if you keep thinking that if you invest the money will be lost. Offline and online Wallet is not hundred percent safe . So you most be a risk taker for you to invest in cryptocurrency!