Since starting this blog and dabbling in Bitcoin and Ethereum, friends of mine have asked me to hold off with the dollar cost averaging stuff, and go back to the very beginning. Questions they’ve asked: What is Bitcoin? Why is it trending now? Why should I buy one now? How do I get one? How […]
So you want to start building your Bitcoin position? How should you go about it? Should you just whack your full investment stake in one go? In this post, I’m going argue that you shouldn’t just whack it all in, and instead I’m going to argue that you should dollar cost average your Bitcoin investment. […]
In my previous post, I ended saying I was going to buy some Monero (XMR). This it turns out isn’t as easy as I thought it might be. I couldn’t find one exchange that traded a fiat currency (normal currency), in this case Sterling (GBP) for XMR. The closest fiat currency I could trade for […]
In my last post, I wrote about how to buy bitcoins for a complete beginner. Since then, I’ve wanted to buy other cryptocurrencies to diversify my exposure to cryptocurrencies. I want a basket of cryptocurrencies. Next on the list is Ethereum. How to buy Ethereum Now this wasn’t as straightforward as buying Bitcoins, possibly because it’s […]
The recent cyberhacks got me thinking about bitcoin. I also saw an old article on the brilliant Sprezzaturian website by Mikael Syding where he outlines becoming expert in a hot topic and consulting on that newfound knowledge (in this example, Bitcoin and Blockchain). I watched a few videos on what Bitcoin and Blockchain are: I […]