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Monday, May 13, 2019

5 Cheapest Ways to Acquire Bitcoin Ranked

By: Wes Messamore
Hacked


As Bitcoin clears its 6 month losses and approaches $7,000 $8,000 per 1 BTC, interest in acquiring bitcoin is warming up. Demand for bitcoin is currently insatiable in countries like Venezuela with corrupt governments and unstable currencies.

Yet much of the demand for bitcoin is also driven by speculative investment from those in the know about bitcoin’s future prospects at a time when market adoption is still estimated to be only 5% in the United States. As of Q4 2018 there were 32 million blockchain wallets globally. Since one person can create and use multiple wallets, the number of human users is likely something significantly lower than 32 million.

For those investing in bitcoin to save money in a hard asset that operates outside of the perpetual inflationary adjustments of the fiat money supply, and maybe speculate on bitcoin’s potential future growth, knowing the cheapest way to acquire bitcoin is important. Here are 5 ways to acquire bitcoin ranked from cheapest to most expensive.

Read more at Hacked.

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