Satoshi Notebook | How to Buy Bitcoin

How to Buy Bitcoin

buying bitcoin is your first step toward monetary sovereignty. choose your path carefully - not all bitcoin acquisition methods are created equal. focus on bitcoin-only platforms that prioritize security, privacy, and sound money principles.

Bitcoin-Only Platforms

these platforms understand and respect bitcoin's importance:

• strike: instant bitcoin purchases through lightning network
• swan bitcoin: automated recurring purchases with bitcoin-only focus
• river financial: full-service bitcoin-only financial platform
• cash app: simple bitcoin purchases with instant withdrawals

Avoid Common Pitfalls

protect yourself by avoiding these crucial mistakes:

                            • cryptocurrency exchanges that list multiple coins

                            • platforms that don't allow bitcoin withdrawal

                            • services with high fees or hidden costs

                            • exchanges with poor security history

                            • companies pushing altcoins or trading

Purchasing Methods

choose your strategy based on your needs:

                            • recurring automatic purchases (recommended)

                            • instant one-time purchases

                            • dollar-cost averaging

                            • peer-to-peer transactions

                            • lightning network purchases

The First Purchase

start your bitcoin journey with these steps:

                            1. choose a bitcoin-only platform

                            2. complete identity verification

                            3. connect your bank account

                            4. make your first purchase

                            5. withdraw to your own wallet

Platform Selection Criteria

evaluate platforms based on these factors:

                            • bitcoin-only focus

                            • security track record

                            • withdrawal policies

                            • fee transparency

                            • regulatory compliance

The Privacy Consideration

understand the privacy implications:

                            while regulated platforms require identification, they provide a secure entry point to bitcoin. as you learn more, you can explore more private acquisition methods like peer-to-peer exchanges and bitcoin mining.
                        

After Your Purchase

crucial next steps after buying:

                            • withdraw to your own wallet immediately

                            • verify the transaction confirmation

                            • secure your private keys

                            • document your purchase for records

                            • plan your next acquisition

Long-term Strategy

develop a sustainable bitcoin acquisition strategy:

                            • set up recurring purchases

                            • choose consistent intervals

                            • ignore price fluctuations

                            • focus on accumulation

                            • think in bitcoin, not fiat

The Path Forward

remember the bigger picture:

                            buying bitcoin isn't just a transaction - it's your first step toward monetary sovereignty. choose your platforms carefully, prioritize security and self-custody, and focus on the long-term accumulation of sound money.
                        

your bitcoin journey starts with a single sat. make it count by choosing the right platform and developing the right habits from the beginning.