How to Buy Cryptocurrency for Beginners (UPDATED Ultimate Guide)

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This is the ultimate guide on how to buy cryptocurrency like Bitcoin, Ethereum, and other cryptocurrency for beginners. Link to the article version of this guide about how to buy bitcoin for beginners: https://cryptocasey.com/

======== LINKS TO ACCESS SITES SAFELY ========

♦ Coinbase – Receive $10 of FREE BITCOIN when you use this link to sign up for Coinbase and invest $100: https://www.coinbase.com/join/57605a33b9140001c900020b

♦ Malwarebytes for computer – http://www.tkqlhce.com/click-8628825-12849560

♦ Malwarebytes for mobile devices – http://www.anrdoezrs.net/click-8628825-12782642

♦ ProtonMail Encrypted Email Account – http://proton.go2cloud.org/SH1f

♦ Ledger Store – https://www.ledgerwallet.com/r/befe

♦ Trezor Store – https://shop.trezor.io/?a=casey@cryptocasey.com

======== TABLE OF CONTENTS ========

Three Important Things to Know About Investing in Cryptocurrency

01:36 – Important things to understand about cryptocurrency
02:27 – The Golden Rule of investing
03:13 – Accessing links to cryptocurrency websites safely

Part One: 9 Steps to Take BEFORE Buying Bitcoin

04:20 – The importance of paper notebooks in cryptocurrency
04:54 – Using paper notebooks for storing sensitive information
06:15 – How to create secure passwords for cryptocurrency accounts
08:26 – Securing your computer before buying cryptocurrency
10:56 – Securing your smartphone before buying cryptocurrency
12:34 – Creating an encrypted email account
14:15 – Two-factor authentication applications
20:47 – Hardware wallets for storing cryptocurrency
22:16 – Instructions on managing cryptocurrency

Part Two: How to Buy Bitcoin and Other Cryptocurrency in 7 Easy Steps

23:29 – Creating a Coinbase account
25:04 – Connecting a funding account to Coinbase
26:15 – Configuring security settings of Coinbase account
27:26 – Verifying your identity
28:22 – Buying Bitcoin, Ethereum, and other cryptocurrency
29:38 – Transferring Bitcoin to hard wallet for offline storage
31:43 – How to transfer Bitcoin back to Coinbase to sell or buy other cryptocurrency

======== VIDEO SUMMARY ========

Part one of this guide is all about the nine steps you need to take BEFORE investing in cryptocurrency.

In the first section, we discuss important concepts you need to understand about bitcoin and cryptocurrency. Then we walk through steps to secure your computer, cell phone, and online accounts with strong passwords and two-factor authentication applications..

In part two of this guide, we walk through the process of actually buying cryptocurrency using one of the easiest, and safest exchanges available: Coinbase.

In the final step, we walk through transferring bitcoin back to the Coinbase exchange to sell for fiat or other cryptocurrencies like ethereum, XRP, EOS, and more.

If you have any additional questions about how to buy bitcoin or other cryptocurrency, feel free to contact me through one of the social media links provided in the Social Media Links section below.

Thank you for taking the time to check out my ultimate guide on how to buy bitcoin and other cryptocurrency for beginners.

======== ESSENTIAL CRYPTO RESOURCES ========

♦ Recommended 1st Option to Buy Bitcoin/Ethereum:
Coinbase Signup Link – Receive $10 of FREE BITCOIN when you use this link to sign up for Coinbase and invest $100 – https://www.coinbase.com/join/57605a33b9140001c900020b

♦ Recommended 2nd Option to Buy Bitcoin/Ethereum:
Coinmama Signup Link – https://go.coinmama.com/visit/?bta=51862&nci=5343

♦ Recommended Exchange to Buy Altcoins:
Binance Signup Link: https://www.binance.com/?ref=11055137

♦ Recommended Hardware Wallet:
Ledger Nano X Backup Pack Link – https://www.ledgerwallet.com/r/befe

♦ Recommended 2nd Hardware Wallet:
Trezor Model T Link – https://shop.trezor.io/?a=casey@cryptocasey.com

♦ Recommended Malware Protection for Computer & Mobile Devices:
MalwareBytes Link – http://www.tkqlhce.com/click-8628825-12849560

♦ Recommended Encrypted Email Account for Managing Cryptocurrency Accounts:
ProtonMail Link – http://proton.go2cloud.org/SH1f

♦ Recommended Crypto Tax Solution:
CryptoTrader Link – https://www.cryptotrader.tax/?fp_ref=casey80

======== SOCIAL MEDIA LINKS ========

● Facebook Page – https://www.facebook.com/cryptocasey/

● Twitter: https://twitter.com/cryptocasey

● Instagram: https://www.instagram.com/cryptocasey/

● Telegram: https://t.me/cryptocasey/

● Business Contact – Casey@CryptoCasey.com

● Website – https://cryptocasey.com/

======== DONATIONS ========

♥ BTC – 12XfdCJqEuRRzMrcD1YaE5kHeSShdkcW3G

♥ ETH – 0xf94c719621E358890Dd33dD010a1fb4717EbdaE4

♥ LTC – LaoZLinRjD44KReqJkRtiQmUuDRSu8LEYP

Comments

Kellie Sawyer says:

Cryptocurrency investment is currently one of the best investment practices anyone can engage in. But before you invest in cryptocurrency, always make sure you understand the concept behind it and the benefits you stand to gain. Many people missed the opportunity to hold more bitcoin at its early stage, and even in this 2019 when Bitcoin dropped down to $3200+ so many people didn't take advantage of buying to hold more. It's never late to buy now because if you miss buying now and expecting to buy in the coming year, you will surely be shocked at the price it will be then. As an investor I will outrightly say, hold more Bitcoin, because with that you will be among the major elite of the bitcoin industry. I bought into Bitcoin February 2019 with the advice of a pro trader(Desmond Sydney), and he equally helped me to trading with his accurate signals and also to hold more. Now I am holding some good amount of bitcoin which I never thought I would get. If you are an early adopter or a new investor and you are looking for a way on how to trade and hold more bitcoin, I advice you you to contact him via whatsapp / telegram On +447723506502 for all your cryptocurrency questions, strategy and beginners coaching.

Robert Budnik says:

Do you need to buy only from an exchange like Coinbase?

J Limbu says:

Perfect timing! Thank you for the thorough guide. Now for the types of crypto out there and differences(pros and cons) for a complete newbies like me 😉

Paul Grey says:

The ultimate way to buy crypto is with Metal Pay… your last video is perfect. This new video is WAY too confusing. Metal Pay is FAST and easy.

Crypto With Abdul says:

Your boob beautiful

Deborah Diduck says:

This is great. Very informative. But am I ever missing my little cabin in the woods……

FoxtrotHawk says:

Thanks a lot for this awesome tutorial ! I'm just stuck at the end, when it comes to verify my identity in CoinBase, i received and done the verification 3 different times, but at the end, i'm still unable to buy crypto currency because "My identity needs to be verified"

If someone has the solution for this problem, that would help me a lot !

Otherwise, thanks again !

Atish Sarker says:

Excellent explanation!

Sam Brandt says:

Hello, I am wondering, are there any fee's hidden or otherwise to buying these currencies? Can you monitor the values live somewhere to buy and sell when things are up or down? Can you recommend a good site for monitoring if there is one? Is there a finite number of coins in the world or can a person buy as many as they want (if you had the money) an endless supply? Thank you for the video and your time.

Geo Pec says:

Another great job C! I'm pretty sure there will be many many many new people watching this and learning how to buy crypto the right way in very near future. You do have the best complete step by step guide/tutorial on buying & storing crypto. Glad I learned from your previous videos in 2018 how to be safe and smart with buying & storing crypto. Thank you Casey!

Daniel Woods says:

OMG! Thank you for updating this. The first guide was already awesome!

Double Odd Josh says:

Is there anything wrong with buying cryptocurrency on the Robinhood app?

ypey1 says:

Wtf! My future waifu is alive?!

solitonmedic says:

Casey you're back!!!

Cory Hopper says:

Bollinger band can be combined with some other strategy to win trade.

Lisa Farrell says:

Thank you so much Casey. Sharing for others and I love your work, speed of delivery and I truly appreciate your research.

Rikk Cuevas says:

Thank you Casey!! Great job as always. It's great to see the updates since your last videos.

Abinadab253 says:

Thank you again Casey great work a lot of people would benefit from this vid ill be sharing this with anyone who ask about how to get into crypto like i did the rest of your vids

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