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๊ง๐‘ฏ๐‘จ๐‘ด๐‘จ๐‘ซ๐‘จ ๐‘ด๐‘ถ๐‘ฏ๐‘จ๐‘ด๐‘ฌ๐‘ซ๊ง‚
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๊ง๐‘ฏ๐‘จ๐‘ด๐‘จ๐‘ซ๐‘จ ๐‘ด๐‘ถ๐‘ฏ๐‘จ๐‘ด๐‘ฌ๐‘ซ๊ง‚โ€œ ูƒุงุชุจ ู„ุฏูŠู‡ ูขูข ุนุงู… "
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๊ง๐‘ฏ๐‘จ๐‘ด๐‘จ๐‘ซ๐‘จ ๐‘ด๐‘ถ๐‘ฏ๐‘จ๐‘ด๐‘ฌ๐‘ซ๊ง‚
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๊ง๐‘ฏ๐‘จ๐‘ด๐‘จ๐‘ซ๐‘จ ๐‘ด๐‘ถ๐‘ฏ๐‘จ๐‘ด๐‘ฌ๐‘ซ๊ง‚ Telegram | DID YOU KNOW?

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Should You Buy Bitcoin?

In general, many financial experts support their clientsโ€™ desire to buy cryptocurrency, but they donโ€™t recommend it unless clients express interest. โ€œThe biggest concern for us is if someone wants to invest in crypto and the investment they choose doesnโ€™t do well, and then all of a sudden they canโ€™t send their kids to college,โ€ says Ian Harvey, a certified financial planner (CFP) in New York City. โ€œThen it wasnโ€™t worth the risk.โ€ The speculative nature of cryptocurrency leads some planners to recommend it for clientsโ€™ โ€œsideโ€ investments. โ€œSome call it a Vegas account,โ€ says Scott Hammel, a CFP in Dallas. โ€œLetโ€™s keep this away from our real long-term perspective, make sure it doesnโ€™t become too large a portion of your portfolio.โ€ In a very real sense, Bitcoin is like a single stock, and advisors wouldnโ€™t recommend putting a sizable part of your portfolio into any one company. At most, planners suggest putting no more than 1% to 10% into Bitcoin if youโ€™re passionate about it. โ€œIf it was one stock, you would never allocate any significant portion of your portfolio to it,โ€ Hammel says.

How to Buy Bitcoin?

Most people buy Bitcoin via exchanges, such as Coinbase. Exchanges allow you to buy, sell and hold cryptocurrency, and setting up an account is similar to opening a brokerage accountโ€”youโ€™ll need to verify your identity and provide some kind of funding source, such as a bank account or debit card. Major exchanges include Coinbase, Kraken, and Gemini. You can also buy Bitcoin at a broker like Robinhood. Regardless of where you buy your Bitcoin, youโ€™ll need a digital wallet in which to store it. This might be whatโ€™s called a hot wallet or a cold wallet. A hot wallet (also called an online wallet) is stored by an exchange or a provider in the cloud. Providers of online wallets include Exodus, Electrum and Mycelium. A cold wallet (or mobile wallet) is an offline device used to store Bitcoin and is not connected to the Internet. Some mobile wallet options include Trezor and Ledger.

๊ง๐‘ฏ๐‘จ๐‘ด๐‘จ๐‘ซ๐‘จ ๐‘ด๐‘ถ๐‘ฏ๐‘จ๐‘ด๐‘ฌ๐‘ซ๊ง‚ from EG

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Created: 2019-11-29

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