Tuesday, July 30, 2013

Bitcoin Buy



I receive a lot of questions from people asking, “Where is the best place to Bitcoin Buy?” First, you need to proceed with extreme caution, as most Bitcoin operators are not licensed. Secondly, there is no government regulation for this currency. If you were an investor, these would be 2 extremely high-risk scenarios.

Con’s and Pro’s (Yes, backwards!):

Con’s – you are most likely going to run into one on your own.

Pro’s – by using Google or Yahoo to help research a company you are interested in buying from, it can help reduce the risk of fraud. Or, use a mainstream company such as Buy Bitcoin (http://www.buybitcoininc.com).

Always be smart with your money and never buy more than 1 Bitcoin from a provider until they have successfully delivered a few times.

Written by: K. Thompson

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