Welcome to our Buying Bitcoin Review. Our guide includes cryptocurrency exchanges for buying Bitcoin, our review of the Bitcoin project, the Bitcoin white paper, and additional resources to help you learn more about Bitcoin.
~ This is not financial advice. We are merely sharing our personal opinions based on our own research. You should do your own research as well to reach your own conclusions. ~
We give Bitcoin 5 out of 5 stars, one of the few projects on White Paper Pagoda to earn this score.
Why are we so positive about it? First, Bitcoin is the original cryptocurrency. Before Ethereum, Ripple, Litecoin, EOS, Monero, or any other project, Bitcoin was the very first cryptocurrency created.
Not only is it the original, it has the largest market cap now. In fact, all other cryptocurrencies combined (over 1,000!) are only slightly more valuable than Bitcoin alone.
Bitcoin is also the only way to purchase hundreds of altcoins (alternative cryptocurrency projects instead of Bitcoin). Most alts cannot be purchased directly with fiat currencies such as dollars, pounds, or euros. So if you want go beyond Bitcoin at some point, you will still need Bitcoin in order to invest in those other projects.
Several years ago, a pizza was bought with 10,000 bitcoin. Now, a single bitcoin could purchase hundreds of pizzas. Bitcoin’s price has been volotile, but the trend has been clear – incredible growth over the long-run. If you are just getting into crypto, there is probably no better place to start than buying Bitcoin.
You can buy fractions of a Bitcoin, so you can choose exactly how many dollars, pounds, or Euros you’d like to make your initial investment with. If you follow this link and purchase at least $100 of Bitcoin, you’ll get a bonus $10 from Coinbase.
What’s holding you back from starting your cryptocurrency adventure? Buying Bitcoin may be the best decision you ever make!