For the past few weeks I’ve been mildly following the recent run-up in Bitcoin prices, kicking myself — like maybe you are too — for not buying at least a little bit of this mysterious digital currency when I first heard about it a few years back. Coulda, woulda, shoulda, right?
But last Friday, I finally took the plunge and dropped $100 into Bitcoin.
🤔 Why I Bought Bitcoin
So at work there’s a guy who sits in the cubical next to me named Brian. Now, Brian has a much different investment strategy than I do. He is the kind of guy who bets on the Lakers 😅, plays 3x leveraged ETFs 😥, and puts 10% of his net worth in the stock of a single biotech startup 😱.
Meanwhile I’m over here investing in low-cost index funds because I personally believe that’s the best way to invest in the stock market.
💵 Related: How to Invest in the Stock Market
So this Brian casually mentioned to me last Friday that he’s been dropping $600 per day into digital currencies and that’s he’s already up over $10,000 since the beginning of the year. 💸
He also gave me a link that would give me $10 worth of Bitcoin if I purchased $10 of Bitcoin or more. So because there was already a built-in 10% return / buffer, I opted to pull the trigger and buy me $100 of Bitcoin.
My apologies if you were expecting a more in-depth analysis completes with charts and graphs and what not. I really am a simple man!
💰 How You Can Buy Bitcoin + $10 Bonus
Brian (who thoroughly researches this stuff) concluded that Coinbase is the best way to buy Bitcoin and other digital currencies online. Taking his word for it, I signed up for a Coinbase account and dropped $100 into Bitcoin. It only took about 10 minutes.
If you’re interested in buying Bitcoin (or any other digital currency), go ahead and sign up for Coinbase through my Coinbase $10 Sign-Up Bonus Link, and you will get $10 of free Bitcoin once you buy at least $100 of digital currency. If you buy $100 worth, that’s a 10% return right off the bat. Not too shabby, right?