Start your Bitcoin journey here
The most important thing is to make sure you have at least some bitcoin.
- You can see for yourself how easy it is to buy and sell bitcoin, and to store it in your own wallet. And send it to other people or buy things from shops that accept it.
- You will at least have some protection against inflation, or a bank collapse.
The sooner you start, the better
Section titled “The sooner you start, the better”-
Start learning (optional, but strongly recommended)
If you don’t understand why Bitcoin is the best way to save, you’ll be tempted to trade in and out of bitcoin, or to buy other crypto currencies. Once you understand it is the best money, you’ll only want to save in bitcoin, and you won’t want to sell it “to make a profit”. What’s the point of changing it to something that devalues against bitcoin? You’ll only sell it if you really need or want something.
See our list of starter resources.
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Buy some bitcoin
Ideally you’d buy bitcoin peer-to-peer, meaning from a friend or contact who already owns some. But unless you know someone who wants to sell their bitcoin, it’s easy to start by buying some on an exchange.
Our recommendation is to use Strike.
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Create your own wallet and make it secure
Aqua wallet is a great all-round toolbox that is easy to get started on, and is versatile enough to continue using once you need more functionality.
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Move the bitcoin to your wallet
One of the core reasons to own bitcoin, is that YOU can actually own it without putting trust in a bank or exchange. There have been historic examples of exchanges not holding the bitcoin they say they have, or just outright committing fraud. The most recent well-known example was FTX.
So you should withdraw your bitcoin from the exchange and hold it in your own wallet.