You wouldn't buy gold and leave it at the shop, right? Safe wallets are: Open source, bitcoin-only, community trusted. Don't use obscure, closed source, or shitcoin wallets as they have poor security and features. Stick to phone or hardware wallets. You can start with a mobile wallet like Green from Blockstream, BlueWallet, or Nunchuk.
The question is... for what reason do you want to buy bitcoin? If you are just for speculation, any exchange will do: relatively safe, cheap commissions and without complications (0-2% commission).
Once you buy some bitcoin, I recommend that you take custody of your own private keys by withdrawing your bitcoin from the exchange you bought it from. I recommend that you use a good hardware wallet like a Trezor, Coldcard, BitBox02, or Ledger to store your private keys.
This post will guide you through everything about how to buy your first BTC. Along the line, i will also reveal where you can safely buy bitcoin instantly with maybe, your debit or credit card. Before we start with how to buy bitcoin, i will like you to know one thing in particular about the whole process. To buy btc is more like stock.
Now, don't buy a fake Bitcoin at a spot ETF place or similar, get the real thing that you can withdraw anytime you want. Register at a proper exchange and buy real Bitcoin.
Bitcoin is the currency of the Internet: a distributed, worldwide, decentralized digital money. Unlike traditional currencies such as dollars, bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. As such, it is more resistant to wild inflation and corrupt banks. With Bitcoin, you can be your own bank.
It is not safe to buy and hold on robinhood!!! Robinhood owns a ton of bitcoin and when you buy from them they are loaning you their bitcoin you do not own it!!!
Complete beginner to Bitcoin, anyone has a comprehensive guide on how to buy bitcoin, and how to use it? So I'm a totally new to cryptocurrency, and though I'm somewhat well versed in technology, I barely only understand some of the surface level concepts of cryptocurrency.
The most efficient way is to buy and hold the BTC yourself. If you can hold it securely. I'd buy a Blockstream Jade to store the bitcoin. As for the exchange, Kraken is a good option and cheap. So is Bull Bitcoin. The other way would be to simply buy shares of a bitcoin ETF. But that wouldn't be efficient because you'd be paying recurring fees.
