▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io
➥ Get $10 in bitcoin and set up an easy recurring bitcoin purchase plan: book1020&utm_campaign=yanbook1020
With bitcoin’s price down over 50% since the high of November 2021, is it still a good idea to buy bitcoin? If so, how should a beginner go about investing in bitcoin?
I break down my simple bitcoin investment approach and offer my tips on how to set yourself up for success when investing in BTC.
0:00 Intro
0:47 My Simple Bitcoin Investment Strategy
1:52 How I Buy Bitcoin Daily
2:53 The 2nd Component of My Strategy
3:18 Bitcoin Investment Psychology
4:33 Did You Know This About Apple and Amazon?
6:07 Avoid This BTC Investing Mistake
*in the statistics of bitcoin drawdowns, I only had data back to late 2014 as provided by Yahoo Finance. There have been larger bitcoin drawdowns before 2014 but I could not find the historical data.
Leave me a comment if you have any questions or feedback!
=== Recommended Videos ===
➥ How I Buy Bitcoin Daily (Get $10 in bitcoin + free copy of “Inventing Bitcoin” by Yan Pritzker):
DISCLAIMER: Investing involves the risk of complete loss of capital. Only invest what you can afford to lose.
Disclosure: Some of the links in the video description are affiliate links, which means I receive a small amount of compensation if you sign up for these services using my unique link. If you want to support the channel, it’s a great way to say thank you! You can always head directly to the websites mentioned in the videos to avoid giving affiliate credit, but you may miss a signup bonus when doing so.
#bitcoin
▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io
Youtube version
