A BIG BRIGHT ORANGE FUTURE!
BUY & HOLD BITCOIN
STEP 1: WHERE TO BUY
Below are the places I personally use to buy Bitcoin – in order of personal preference. After buying, you MUST transfer your Bitcoin to a wallet of your own! Step 2 below explains wallets and my preferred options.
I recommend having accounts set up with more than one exchange.
AUSTRALIA & NZ EXCHANGES
(click any of the logos below to sign up and get bonus $$)
SwyftX (Aus & NZ)
NOTE: SwytfX lists many cryptocurrencies. I 100% do NOT endorse or recommend buying ANYTHING other than Bitcoin! The rest of this market is incredibly speculative and high risk. You have been warned...!
Amber App
Set and forget with automated saving in to Bitcoin. Use code BEYOUGETPAID for sign-up bonus. Click the logo above, enter your email then download the app.
Hardblock (Australia)
Australian Bitcoin Exchange - save with HARD money. Helping Australians save with Bitcoin since 2014.
INTERNATIONAL EXCHANGES
(click any of the logos below to sign up and get bonus $$)
Coin Corner (UK)
Discover a better and more open financial system with Bitcoin. Buy bitcoin with debit card or bank transfer. Buying bitcoin regularly? Set up Recurring Bitcoin Buys.
Swan (USA, Europe)
A Bitcoin only exchange. Automatic recurring and instant buys using your bank account. For purchases over $100k, sign up and check out Swan Private for full concierge service.
River (USA only)
A Bitcoin only exchange. Invest in Bitcoin with confidence. Zero-fee recurring buys, US based human support. Proven full reserve custody.
Strike (USA, Europe)
Better money! Buy, sell, and withdraw Bitcoin with ease. Buy as little as $0.01. Pay, get paid, and send money globally.
STEP 2: WITHDRAW TO A WALLET
DO NOT leave your Bitcoin on exchanges – remember: “not your keys, not your coins”. If your coins are “custodied”, it means you do not have full control over them. (a bit like how you don’t have full control over money in your bank…)
Below are my personal preferences for beginner ‘hot wallets’ (essentially, this means a wallet on a mobile device – connected to the internet). Make this a priority to learn after buying your Bitcoin on an exchange. The preference is always a “non-custodial” wallet ASAP, before moving to cold storage using a specialised device (see below). Cold storage is particularly important once dealing with larger balances.
#1 Wallet of Satoshi
The world's simplest Bitcoin Lightning wallet. Perfect for absolute beginners. NOTE: this is a 'custodial' wallet - important to upgrade once knowledge and experience allows.
#2 MUUN WALLET
Simple and powerful. Just like bitcoin. Muun is a self-custodial wallet for Bitcoin and Lightning.
#3 AQUA WALLET
The Bitcoin wallet your Grandma can use! If, that is, she has already used the other two first...! Built in stablecoin functionality - great for travel and protection against local currency volatility.
STEP 3: HARDWARE WALLETS & COLD STORAGE
Did I mention the learning never stops?! This is THE most important thing to get familiar with once you’re dealing with larger balances of Bitcoin. Such as major savings, retirement money etc – for example, any amount you wouldn’t otherwise feel comfortable travelling with as cash in the fiat world!
WARNING: DO NOT purchase second hand devices or via third parties like Amazon etc. If you do, there’s risk your device will have been tampered with and malware installed on it before you receive it. The links below take you directly to the official websites of these providers.
Trezor Safe 3
An ideal first hardware wallet for beginners with an easy to use desktop interface. This device also supports storage of other cryptocurrencies but that's irrelevant as you will NOT be buying them... kapiche?! Please embed these words in to your brain: "BITCOIN NOT CRYPTO". Glad we cleared that up 👌🏼
BEGINNER
Coldcard Mk4 by CoinKite
The world’s most trusted and secure Bitcoin Signing Device (hardware wallet). The only device with the option to avoid ever being connected to a computer. This fully 'air gapped' option will require further learning but familiarising yourself with the USB connection first, is a great start.
ADVANCED
**This tutorial walks through setting up a Coldcard Hardware Wallet. Ben (aka BTC Sessions) is also a brilliant channel to subscribe to for all things Bitcoin set up and tech-related.
STEP 4: OTHER CONSIDERATIONS...
The Bitcoin Adviser are a global network of knights in shining armour… standing guard to protect us from our own mistakes! They have helped me immensely and are a bunch of genuinely lovely humans.
As someone who has dealt with their fair share of death, wills and the emotional toll that goes with that territory – I believe it’s incredibly important to take care of your “What if I get hit by a bus?” strategy.
It’s inevitable that once fully “orange-pilled” and ready for more significant investments, you’ll likely want some personal support to walk through the necessary security required.Â
Estate Planning & Inheritance: Everything in steps 1-3 above, is based on what we call “single-signature” security. Meaning a single seed phrase (password) is required to access your Bitcoin. “Multi-signature” is the next step and a valuable one to learn when it comes to inheritance and estate planning.
Superannuation: For Australians (and New Zealanders living in Australia), this Team can also assist in helping re-allocate some (or maybe all!) of your SuperAnnuation in to Bitcoin investment via a Self Managed Super Fund (SMSF). This is well worth considering for long-term investment performance in an ever-increasing inflationary world.
The Bitcoin Adviser | 1 on 1 Support & Concierge Service
Peter, Andy and their network of experts around the world, are here to help secure and manage your Bitcoin, so you can own generational wealth without losing sleep.
The Bitcoin Adviser team help simplify the process, address your challenges, and ensure you feel confident every step of the way. Use the link below to book an initial consultation and they'll take extra special care of you 🙂
NEED A SPECIAL BREED OF TOUGH LOVE?
Your best everything is a conversation away. Starting with the one you’re having with yourself…
Sign up to join 10,000+ subscribers “un-learning” the BS rules we’ve been taught on life and money.
DISCLAIMER: may contain traces of bluntness, sarcasm and other totally radical stuff, like occasional strong opinions. It’s a brave new world and it’s ok to respectfully disagree around here.Â
đź”’Your personal information won’t be shared with any third parties.