This has probably been asked before but what's the best bitcoin site? I'm new to bitcoin, I'm a caveman. Lol do you link up your bank account?
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Coinbase is my favorite. Very easy for beginners.
You can link your bank account, but if you buy bitcoin with your checking account it takes like a week to transfer.
You can use a credit or debit card and the transfer is instant.
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I put off coinbase/bitcoin because I hate change. It was very simple to setup and makes transactions easier. Coming from me, that says a lot.
Total noob question, if I put $100 in coinbase and never use it for say 6 months do I still have $100? I know the price goes up over time so do I have $100 worth or possibly more? Do I have actual bitcoin or basically a voucher for $100?Coinbase is my favorite. Very easy for beginners.
You can link your bank account, but if you buy bitcoin with your checking account it takes like a week to transfer.
You can use a credit or debit card and the transfer is instant.
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I put off coinbase/bitcoin because I hate change. It was very simple to setup and makes transactions easier. Coming from me, that says a lot.
You kind of answered your own question there. It all depends on the valuation at the time. Could be more or could be less. Bitcoin has pretty much stabilized for the most part so it's safe to say you would still have about $100 worth of bitcoin.Total noob question, if I put $100 in coinbase and never use it for say 6 months do I still have $100? I know the price goes up over time so do I have $100 worth or possibly more? Do I have actual bitcoin or basically a voucher for $100?
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You kind of answered your own question there. It all depends on the valuation at the time. Could be more or could be less. Bitcoin has pretty much stabilized for the most part so it's safe to say you would still have about $100 worth of bitcoin.
I still had like $15 leftover in my wallet from a year ago and it turned into about $30 today. Would've been a nice investment to buy a ton of bitcoin years ago and double your money.
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That's kinda true, should have done that, Market had a nice spike on Tuesday or Wednesday