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Use an exchange such as coinbase.

They can hold it for you.

If you choose to get involved don’t do so unless you can afford to lose it.

And don’t respond to any emails asking if you tried to change your coinbase password.

Do a lot of YouTube research:

Ben Cowen Into the Crypto Verse,

Coin bureau are good YouTube channels to watch.

Investment Answers with James is a good one too

“What would be the simplest way to do that..?”

Avoid Coinbase. Avoid Coinbase. Avoid Coinbase.

Its TOS are Byzantine and incomprehensible. If anything goes wrong at Coinbase, it’s your fault. See TOS for explanation. Live help is run by dead bots.

Never, never, never link your main bank account to Coinbase. NEVER! Start a new bank account with only enough cash to satisfy deposits required by interactions with Coinbase. Never deposit more than $100 into your Coinbase account.

If you’re lucky enough to make a successful Bitcoin buy on Coinbase, immediately - right now - move it to your wallet.

Good luck.

My favorite place to keep up and to learn is from a guy from Ireland named James. Today’s latest video is a good place to start, it recaps the past 24 hours and tells you about the new ETFs:

https://www.youtube.com/watch?v=QMDCmTPAoN8

He has a youtube page with ton’s of information -
https://www.youtube.com/@InvestAnswers

I started with Etherum mining. Coinbase is the key player after the ETFs were approved. Use Coinbase.

BTC is the only crypto that is designated an ASSET for tax purposes by the IRS. Gold and Silver are Assets. BTC is the only measure of value that is limited in Issuance. It’s supply can never exceed 28M. They continue to mine BTC for another 100 years. All other crypto’s are like Fiat currency which can be printed. Not so with BTC.

Learn about the BTC Halving in about 7.5 weeks so understand that it’s availability will decrease; however, Gold and Silver mining continues to expand.

At this moment you many want to invest in the ETFs. However, ultimately you will want to own 1/10th of a BTC or a whole coin. BTC, Etherum, Solana are probably your best investments. Your initial foray might simply be the ETFs. The ETFs are just like the Gold ETFs.

Follow James - stay in the Top 6 Crypto Coins... BTC, ETH, SOL, Cardano, etc.

A guide to financial freedom, real estate, crypto, stocks, derivatives, options and other tools to get to your financial destination!

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