Thursday, July 12, 2018

How to Buy Bitcoin

How to Buy Bitcoin

curated by Glen Brink,
Most people can't remember when they bought their first stock…

But you're probably going to remember your first time buying bitcoin.

Bitcoin is so volatile, buying it is fraught with risk. You might buy right before an 80% decline – like in late 2013. Or you might buy right before the next exponential move higher… which will tempt you to buy more, perhaps right before the next big decline.

You'll likely either rue the day you decided to buy bitcoin or think of it fondly… We're going to share some tips to help make sure it's the latter.

The process opening an account to buy bitcoin is similar to opening a traditional brokerage account for stocks. And people are signing up in droves.

Coinbase is the most popular bitcoin exchange. The number of Coinbase accounts has exceeded 13 million. That's up from less than 6 million at the beginning of 2017. Its cryptocurrency accounts now outnumber active accounts at Charles Schwab (SCHW), one of the leading equity brokerage firms in the U.S.

Bitcoin exchanges come in two main forms: brokers and trading platforms.

Coinbase is a cryptocurrency broker. You can buy or sell bitcoin, bitcoin cash, ether, and litecoin at prices specified by Coinbase. It allows you to convert your dollars into cryptocurrency, or vice versa.

For this service, you pay a conversion fee to Coinbase ranging from 1.4% to 4%.

There are also bitcoin-trading platforms, which function as marketplaces. Buyers and sellers trade with each other via order books. These platforms allow you to enter limit orders, thereby providing liquidity to other traders. These trading platforms typically have a wide array of cryptocurrencies to trade.

Coinbase has its own trading platform called GDAX. Gemini, Bitstamp, and Bittrex are other trading platforms for cryptocurrencies.

The trading platforms are more advanced, so we'll walk you through how to open a Coinbase account.

But before we show you how to buy bitcoin, we want to share the following tips with you:
  1. Start small. Open an account at an exchange, like Coinbase, and buy a small amount of bitcoin at first as a test. (We recommend $100 or less.)
  2. Create a bitcoin wallet. Your bitcoin wallet stores your private keys. Once you create your wallet, write down your backup phrase (and keep it in a safe place). This will ensure you can still access your bitcoin even if you forget your wallet password.
  3. Avoid holding excess bitcoin at exchanges. Bitcoin exchanges can be vulnerable to attacks by hackers. Instead of holding excess bitcoin on an exchange, transfer it to your bitcoin wallet.
  4. Use two-factor authentication (2FA) on your accounts. Single-factor authentication involves only a username and password. 2FA adds an extra step, like entering a temporary PIN sent to your phone.
  5. Be prepared for volatility. Again, the prices of bitcoin and cryptocurrencies are extremely volatile. This makes them unsuitable for conservative investors or those without a high-risk tolerance.
  6. Have a plan. All investors – regardless of what they're investing in – need to have a plan. For example, your plan might be to allocate 1% of your portfolio to bitcoin as a portfolio diversifier with the potential for outsized gains. And you might formulate a rule that you'll only add to your position after bitcoin's price has fallen 30% or more. Stay disciplined and stick to your plan… or else the extreme volatility in bitcoin will have you buying high and selling low.
  7. Limit cryptocurrency exposure. Bitcoin and cryptocurrencies can have a place in a diversified portfolio. But cryptocurrency assets should total no more than 10% of your investable assets. When determining your allocation, keep in mind that bitcoin could one day plummet to zero.
  8. Keep track of your transactions. This will make Tip No. 9 easier.
  9. Pay your taxes. This should go without saying, but pay your taxes. The Internal Revenue Service (IRS) considers bitcoin and other cryptocurrencies to be property for U.S. federal tax purposes. You must pay taxes on your realized gains.
  10. Don't buy on margin. Some trading platforms allow you to buy cryptocurrencies with borrowed funds. This is never a good idea. Margin trading of cryptocurrencies is an easy way to quickly lose a lot of money.

How to Open a Coinbase Account

  1. Click the "Sign Up" button at the top right of the website and enter your info and create a password.

  1. Verify your e-mail address. Among the pieces of information Coinbase requires is you e-mail address. That's fine. Coinbase will use your address to send a confirmation e-mail verifying your identity.

The e-mail will look like this:

  1. Once you verify your e-mail, sign in using your e-mail address and password you created.
  2. Fill in your phone number. Again, Coinbase will use this to secure your account. The screen will look like this:
  3. Coinbase will then send a code to your phone. Enter that code into the screen that looks like this:
  4. You have now created an account. When logged in, click on "Settings."
  1. Click on "Linked Accounts," then the "Link a New Account" button.
  1. Click the "Bank Account" button. (You pay lower fees if you fund your account directly from a bank account rather than with a credit or debit card number.)
  1. You may see your bank listed, but don't click on it (unless you want to have to give Coinbase the login ID and password for your bank website). Instead, enter "other" in the search field and click on the "Link your bank manually" button.
  1. Select the account type. Enter your bank routing number, bank account number, and name. Click the "Verify Your Bank" button.
  2. Two small amounts will be deposited in your bank account within 48 hours. Click the "Verify" button and enter the amounts.
  1. Coinbase will need to verify your identity. Submit pictures of your photo identification (front and back) and use your computer's webcam to take a selfie. If you don't have a webcam, you can download the Coinbase app and use the front-facing camera on your smartphone.
  2. Once Coinbase has verified your identity, and your bank account is linked, you can buy bitcoin. Click "Buy/Sell," choose the "Buy" tab, and then select Bitcoin.Don't worry… You can buy fractions of a bitcoin. Enter the U.S. dollar amount in the USD field, and Coinbase calculates how much bitcoin you'll be buying. Click the "Buy Bitcoin" button.
You now own some bitcoin. Since you purchased it using a linked bank account, it will take a few days for the bitcoin to appear in your Coinbase account (even though the price you paid for the bitcoin is set).

Selling bitcoin works much like Step 13… except you want to choose the "Sell" tab.

In the meantime, you might want to reread our tips. If you remember one thing about buying bitcoin, its this – volatility. Bitcoin prices fluctuate wildly, more than just about any asset you're familiar with.
Please protect yourself. Have a plan and only dedicate a small portion of your capital to it.

curated by Glen Brink,

Glen :-)

Wednesday, July 11, 2018

Recieve $5 in Bitcoin Just for Signing Up With These FREE Wallets

Bitcoin is growing at a rapid rate, and there are companies literally fighting for you to join them – for FREE, to open up your wallet with them.
And yes, there are 2 companies who will give you $5 worth of free bitcoin if you open an account with them – and yes, you can open up both :)

1. Bitalo – Get $5 in Bitcoin for Joining

Bitalo are growing a reputation for being THE safest online wallet. They take security more seriously than any other and FORCE 2 factor authentication (i.e. you have to enter your password AND get pin code from your smartphone to use your wallet. HIGHLY RECOMMEND! * And for a limited time they are giving $5 in free bitcoin to all new members!

2. Coinbase – Get $5 in Bitcoin for Joining

The USA’s largest and most trusted exchange. They also offer $5 in free bitcoin when you join, and have a lot of security features – they are generally seen as the market leaders in functionality and ease of storage and buying bitcoins.

3. Xapo – Get 15,000 satoshsi for joining – INSTANTLY

Ok, so it’s not $5, it’s only 15,000 satoshi.. but it’s free to join, you might as well have it :)

Xapo are the first service to offer really solid online “VAULT” this goes deeper and offers more layers of encryption and authentication – especially when you come to move or withdraw your bitcoin.  * They also offer a debit card! You can top-up your debit card using your bitcoin, and spend it in $s in retailers around the world. They give 5,000 satoshi free when you join INSTANTLY, and a further 10,000 satoshi if you share on twitter and facebook.

added BONUS:
Did you visit this page this week and claim your 25,000 free satoshi? - See more at:
  Just visit this page this week and claim your 25,000 free satoshi!

Glen :-)

Tuesday, July 3, 2018

The Top and The Best Cryptocurrencie$

Cryptocurrencies  ARE the futurebut...

98% of cryptos may be going away.

These will probably stay:

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ltc discount code: SoYqp7

Plus, new cryptos come out all too often, so...
These are being reviewed:

XMR discount code: SoYqp7
dash discount code: SoYqp7
used by IBM

sphere is a social ICO

Why do I believe in cryptos ... I listen.

Cryptocurrencies  ARE the futurebecause:

"To this date, fewer than one in 10,000 people have invested in bitcoin, but half of millenials around the world think they will.

Just ask your friends, spouse and neighbors what they think of ethereum(eth), litecoin(ltc) and monero(xmr.)

I bet they’ll have no clue what you’re talking about.

That’s because the masses are NOT participating in this boom.
Not yet!

Remember, the biggest gains in any bull market throughout history only happen when the public joins the trend.

It’s the masses that will push cryptocurrencies to the moon."

Glen Brink, MyBitcoinBlog accepting donations

Disclaimer:  FTC Guidelines

Glen :-)

Sunday, June 3, 2018

Bitcoin List Mailer - Highest Recommendation!

This is Glen and I just found out
that Frank Bauer and Clinton Clark have launched an
incredible Bitcoin List Mailer and Revenue Share
that is, truly, completely legal and logically sustainable.

Better yet, they have one of THE Most Unique Compensation
Plans I've ever seen.

The features and benefits within this List Mailers,
InfinityMailerBoost ("IMB"), are nearly endless.  I am just
SO Impressed with the incredible thought and strategy that
was put into this incredible system.

There are price points for EVERYone from the small buyer to
the Big Purchaser, which means that your audience is TRULY
Massive. Then because IMB is a Bitcoin List Mailers,
anyone anywhere in the world with a computer/mobile device
and a Bitcoin, Bitcoin Cash, Ethereum or Litecoin
Wallet can participate.  But with price points as low as
0.00026 BTC ($2.29) the ENTIRE World is our audience.

Finally, the industry has a Truly Worldwide Market and
Audience, not longer shackled by the rules and restrictions
of PayPal and other payment processors.

Now, or bigger players and those that like Instant
Gratification, the 0.25 Bitcoin Top end purchase
point, INSTANT Commission payments and Commission rates of
30% to 80% for advertisers will be REALLY appealing.

If you are interested in, and/or have an audience that likes
to READ & CLICK to Earn and then upgrade, then IMB is
perfect, too.  Members are able to read, click and earn
daily in the Readers Rewards Pool which is paid out on
demand via Bitcoin, Bitcoin Cash, Ethereum or Litecoin
one the minimum withdrawal amount is reached.

I don't want to overwhelm you with details but the comp plan
rocks, too!  I have never, ever seen anything this well
thought out and fair to the members.  The amount of money
that Frank and Clint are giving back to the members in the
form of commissions and revenue share truly show they have
built a program for the LONG Term.

A quick summary of the compensation plan shows that everyone
earns 30% - 80% (surfers 30% and advertisers 30-80%) on
direct referrals, based on your purchase level AND a simple
surfing requirement that is easy to meet.

But the real comp plan power comes in the "Up" System AND
the fact that you can earn boosted commissions on one
purchase level above your purchase level and ALL lower
priced levels purchased by your directs and "up" Team.

The "Up" System and Repurchase incentive provides Massive
leverage and recurring income potential.  I don't want to go
into the nitty-gritty details here but I would encourage you
to join NOW, check out the details and purchase to the level
that you can afford for your business.

Once you read the comp plan in full, and understand the
massive leverage, power and world wide appeal you will
absolutely WANT to tell your entire network and FAST.

It's been a pleasure to bring this fantastic, long term
advertising/income opportunity to you and I encourage you to
contact me with questions.

Thanks and hope to "see you on the inside"!

Glen Brink

 Glen :-)

Sunday, March 1, 2015

Share Videos. Make Money!

Dear Opportunity Seeker,
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You can simply Share Videos. Make Money!
Glen :-)

Saturday, February 28, 2015

Warning... This Mailer is Addictive !

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Glen   :-)

Sunday, February 22, 2015

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Yours In Success,
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  Glen :-)