Bitcoin 101 with Linda Hill (WiM114)
The "What is Money?" Show
00:00
How to Buy Bit Coin Safely
We're in the most uncertain economic circumstances we've ever been in world wide. So bit coin could go way up. It could go way down. We don't know. You can protect yourself from all that, still gain exposure to bit coin by really just buying it. I always advocate dollar cost averaging. And again, i run to business. I make more money than i spend. I send a percentage of that to buy bit coin every single day, put it into cold storage, which we can talk about. Because my income's not fixed, it fluctuates every month. This also gives me the opportunity to be opportunistic on bitcoin price dips.
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