I'm with @KCalhoun on this one. I have made a very comfortable living as a trader for 14 years and I also don't know how to buy BTC. I also don't know how to buy Swiss Francs, gold, oil and a whole bunch of other securities. I trade US stocks and ETFs exclusively. My strategy is simple - learn one market and master it. The surest way to losses is to start trading in the next hot fad that you have no experience in.
yeah, buddy XD Tether is not an exchange and Bitfinex KYC/AML takes about two months as they for the most part only accept whales and institutionals.
I think we may retrace to the $23k-$24k level before the next major leg down towards the $11k-$12k range.
Crypto exchange accounts are not insured and many have lost it all when exchanges went bust. I would feel obligated to self custody, which increases the learning curve quite a bit if you want to do it right.
Get an account on Uphold.com and just buy it through there. You fund a "wallet" with cash and then "buy" bitcoin from that wallet
I go to Uphold.com and the first thing I see on their website is a big promotion as to how you can earn 19.5% on your crypto. That's even more than Celsius was paying. Doesn't inspire confidence.
I wish fidelity would offer. Hey what's most closely correlated with btc? in stocks etfs... COIN GBTC MARA RIOT..?
I have an account there for about 2 years now. They just hold your money. Celcius was different they were doing some other crap where they invested it and you earned interest on it or something. Uphold may be doing that too on some coins - but you can also buy and sell - it's an exchange, like merril. I know im some random guy on the internet but you can research it. I just have my crypto sitting there crashing like everyone elses is lol