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How to Buy Cryptocurrency for Beginners (Step By Step)
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This video covers everything about buying and protecting your cryptocurrency (like Bitcoin and Ethereum) for beginners.
My Recommendations:
► Ledger Hardware Wallet (Cold Storage):
Ledger Hardware Wallet (Cold Storage to Protect Your Crypto):
TIMESTAMPS:
0:00 - Why This Video is Important
1:55 - Things to Know Before Buying
4:27 - Protecting Your Computer
5:42 - Protecting Your Passwords
9:00 - Setting Up Secure Email
12:59 - Setting Up Two Factor Authentication
14:49 - Google Authenticator Set up
16:28 - Authy Authenticator Set up
18:23 - Securing Protonmail with 2FA
19:43 - Securing Your Phone
21:17 - Getting a Hardware Wallet
24:15 - Final security tips before Buying first crypto
26:14 - Buying Cryptocurrencies like Bitcoin and Ethereum
30:15 - Moving Crypto into a hardware wallet (cold storage)
34:22 - Moving crypto out of a hardware wallet (cold storage)
36:07 - Selling or Converting Your Cryptocurrency on Coinbase
36:41 - Final Tips on Protecting Your Assets
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In this video, we'll cover how to buy and safely store cryptocurrencies like Bitcoin, Ethereum, Litecoin, and more. While investing in crypto for the first time is exciting, it can be hard to know where to start! This video will take you through how to buy and safely store your cryptocurrency so that you hopefully don't have any problems down the line.
The first part of the video will be dedicated to all of the safety measures you must put in place before buying your first cryptocurrency. With crypto, you are your own bank. That means that you are in charge of putting security measures in place so that you aren't the victim of a scam. These measures are important to put in place before buying. Once you've done that, we'll go into how to buy cryptocurrency. We will cover the best ways to get your hands on Bitcoin and other cryptocurrencies as well as some of the risks associated with buying from an exchange.
Each section will walk you step-by-step through what you will need to know and do, with screen recordings along the way.
Are you a business owner or online entrepreneur? I’m an award-winning lawyer and have some free resources to help you.
NOTE: This description contains some affiliate links, meaning that I may earn a minimal commission if you click through and use these links (at no additional cost to you).
Disclaimer: I am not a financial advisor. Although I am a lawyer by profession, I am not your lawyer and no attorney-client relationship is established with you in any way. This video, and the ideas presented in it, are for entertainment purposes only and should not be construed as financial or legal advice.
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