We may receive a commission if you sign up or purchase through links on this page. Here's more information.
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 some money 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 $100 of Bitcoin or more. So because there was already a built-in 10% return / buffer, I opted to pull the trigger and bought me some.
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 some money 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?
Author:
Logan is a practicing CPA and founder of Choice Tax Relief and Money Done Right. After spending nearly a decade in the corporate world helping big businesses save money, he launched his blog with the goal of helping everyday Americans earn, save, and invest more money. Learn more about Logan.
