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Magiklaw
Member since Apr 2020
15 posts

Simplest way to begin investing in crypto
I am sure this has been posted numerous times but I don’t know how to find a simple answer without wading through tons of posts, but what is the simplest safest way to start investing in crypto?


down time
Member since Oct 2013
847 posts

re: Simplest way to begin investing in crypto
square's cash app for bitcoin is simple





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61
maclauer
LSU Fan
Member since Nov 2011
4735 posts

re: Simplest way to begin investing in crypto
Cash App or Coinbase


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52
Douglas Quaid
TBD Fan
Mars
Member since Mar 2010
3603 posts

re: Simplest way to begin investing in crypto
quote:

I am sure this has been posted numerous times but I don’t know how to find a simple answer without wading through tons of posts


This type of effort makes for the perfect crypto investor.

You just need to read twitter and reddit and buy whatever everyone else is buying. It is that simple.

Welcome aboard!


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713
finchmeister08
Florida Fan
Member since Mar 2011
25582 posts

re: Simplest way to begin investing in crypto
Coinbase


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10
whiskey over ice
Texas Fan
Member since Sep 2020
688 posts
 Online 

re: Simplest way to begin investing in crypto


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361
Lickitty Split
LSU Fan
Inside
Member since Apr 2017
3020 posts

re: Simplest way to begin investing in crypto
I have the perfect app for you. If you want, I can send you my referral code and you and you get some free money if you invest $100. What’s your email address? I can send you to details.


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04
CecilShortsHisPants
New Orleans Pelicans Fan
One Foty Fo uh uh Magnolia Screet
Member since Oct 2012
2093 posts

re: Simplest way to begin investing in crypto
Coinbase is a borderline scam. Fees are ridiculous. Coinbase pro, however, is legit. Fees are about 1/4 the price. But... you must first create a coinbase account to join coinbase pro. Then transfer 100% of your funds to pro. (This process takes a while, I think it was 7-10 days for me personally)

Long story short, watch the fees on the original Coinbase platform, they’re the reason $COIN will be going public at a $68B valuation in a few weeks.
This post was edited on 3/23 at 12:21 am


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60
TigerChamp2009
LSU Fan
Little Rock
Member since Oct 2014
6 posts

re: Simplest way to begin investing in crypto
Voyager app - it's simple to use and you earn interest on a lot of coins.


XanderCrews
LSU Fan
Member since Mar 2009
750 posts

re: Simplest way to begin investing in crypto
Swan bitcoin has an easy DCA service with any amount you want. It will then auto push to an offline wallet at your discretion.


TexasTiger34
LSU Fan
Austin, Kind of
Member since Mar 2008
11333 posts

re: Simplest way to begin investing in crypto
Voyager over coinbase


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71
tenderfoot tigah
LSU Fan
Red Stick
Member since Sep 2004
6921 posts

LSUDbrous90
LSU Fan
Lafayette
Member since Dec 2011
1237 posts

re: Simplest way to begin investing in crypto
If you don't actually have to have crypto you can just buy a crypto ETF index that "mirrors" a portfolio of cryptos. I own BLOK through vanguard so I would say that is the "simplest" way to begin investing in crypto.


Chitown_Badger
Chicago Cubs Fan
A one drink walk from Wrigley
Member since May 2013
20480 posts

re: Simplest way to begin investing in crypto
quote:

I own BLOK through vanguard so I would say that is the "simplest" way to begin investing in crypto.


I own BLOK as well, but that's not an actual crypto ETF...it's a blockchain ETF that does mostly mirror the movement of Bitcoin. If you want to get into a fund that actually has underlying Bitcoin as the main asset, GBTC is the way to go. Just make sure the premium isn't too high (like it is/was on OBTC...a lesson I learned the hard way).
This post was edited on 3/23 at 10:06 am


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nickpalmer
Member since Mar 2021
2 posts

re: Simplest way to begin investing in crypto
As for me, it's apps for cryptocurrency by https://mlsdev.com/services/custom-software-development. Your monetization strategy is called affiliate marketing. Affiliate marketing is when you refer people to the developer of an app and the developer pays you a commission for referring customers to them. This is a great way for an individual to get started in the app industry and is also a great way to earn extra revenue from existing businesses through affiliate marketing.
This post was edited on 3/26 at 10:03 am


Got Heeem
Georgia Southern Fan
Georgia
Member since Sep 2012
3462 posts

re: Simplest way to begin investing in crypto
Definitely Voyager

I'm inviting you to start investing in crypto with Voyager. Download the app and trade $100 to get $25 of free Bitcoin.

Use code JOHCB8 or this link to claim your BTC:

LINK


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21JumpStreet
Texas Tech Fan
Member since Jul 2012
12522 posts

re: Simplest way to begin investing in crypto
Wonder why they left out cb pro and kucoin on that list?


Got Heeem
Georgia Southern Fan
Georgia
Member since Sep 2012
3462 posts

re: Simplest way to begin investing in crypto
quote:

Wonder why they left out cb pro and kucoin on that list?
You know why


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10
tigerfoot
LA-Monroe Fan
Alexandria
Member since Sep 2006
47874 posts

re: Simplest way to begin investing in crypto
quote:

Your third monetization strategy is called affiliate marketing. Affiliate marketing is when you refer people to the developer of an app and the developer pays you a commission for referring customers to them. This is a great way for an individual to get started in the app industry and is also a great way to earn extra revenue from existing businesses through affiliate marketing.


Sounds like you ought to be selling some good soap with it. Or a protein drink


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DukeSilver
Houston Astros Fan
Member since Jan 2014
1930 posts

re: Simplest way to begin investing in crypto
I just set up a Voyager account. When ya'll are buying BTC, or any other coin, are ya'll immediately moving it to a hardware wallet or are there any protections on having it sit in my Voyager account?


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