New to bitcoins. Please help me!

07-12-2020, 12:28 PM

stepclrk Wrote: interested in knowing where the best places are to buy bitcoin

Some banks/debit cards prepaid online offer you the possibility to buy Bitcoin through their apps. In Italy there are 2 banks online offering this possibility, in the world I know only Cash App (suitable for beginners).

If you would like to rely on more traditional methods, you can evaluate among the most famous exchanges with a clear history, such as Coinbase or Binance.

Remember, however, that this historical period is NOT suitable for investing in bitcoin. It's true, lately Bitcoin has reached a value of $19,000, but remember that this is a psychological threshold, it is so called because $19,000 is the historical maximum reached in 2017. It must be said that Bitcoin has performed 5000% in the last 5 years, compared to 75% of gold, so from a speculative point of view it is a very interesting asset, but its great volatility represents a big limit.

At most I can advise you to invest about 5-10% of your assets as a preventative percentage.