Last updated: June 24th, 2016
Looking to buy Bitcoins and don’t know where to start? You’ve come to the right place…
What’s the purpose of this guide?
After reviewing this guide you’ll be familiar with 99% of the Bitcoin buying options out there, know the 3 things you need to examine before conducting any Bitcoin transaction with an exchange or individual and be able to decide which option for buying Bitcoins today is most suitable for you.
Who is this guide for?
If you’re just starting out with Bitcoin – this guide is for you. We wrote it with a “noob mentality” in mind. If you’re a Bitcoin veteran I guess you’ll probably be familiar with most of the stuff here.
Why did we write this guide?
Even though Bitcoin has been around since 2009 it still seems to be too technical and complicated for the average Joe on the street. For the past three years we’ve been getting two types of letters.
The first type are letters from people asking about the safest place to buy Bitcoins. Since there are so many options available, it seems people get into some sort of an “analysis paralysis” and decide to abandon their decision to buy Bitcoins after doing some initial research.
The second type is from people who got scammed, or had their Bitcoins stolen or lost. Since Bitcoin is relatively new to the Internet many (mean) people take advantage of the lack of knowledge of this amazing currency in order to fool other people out of their money.
So in order to try and help the growing Bitcoin community as much as possible, we decided to write the definitive beginner’s guide to buying bitcoins. We’re going to teach you how to fish, instead of giving you a fish…so to speak. We will teach you the basics which will be applicable to any Bitcoin transaction you’ll ever make. This way you will be able to make the wisest decision possible the next time you come to purchase Bitcoins.
How to use this guide?
First of all I suggest you bookmark this guide, since it’s not a short read and you may want to refer to it later on in the future. Also if you want to get the PDF version of this guide download it here.
Each chapter is a standalone mini-guide which can be read in isolation. But I advise you to read the whole thing through so that everything will make sense. You can also bookmark this guide and use it as a reference in the future as we will be updating it constantly.
IMPORTANT: If you just want to find out what’s the best place to buy Bitcoins you can skip straight to Chapter 4. Having said that, it will be best if you have a deeper understanding of the Bitcoin buying process by reading this whole guide all of the way through. For additional resources you can visit this site as well.