I have purchased Bitcoin on a handful of exchanges and two important features I look for are “fees and ease.”
- I want the lowest fees available since I dollar cost average my Bitcoin position.
- I want the easiest experience available so the dashboard must be user-friendly and have the ability to automate my Bitcoin buys.
The best way to accumulate Bitcoin with automatic recurring buys is with Swan Bitcoin.
(Use this link to to create an account on Swan Bitcoin and we will both receive $10 in Bitcoin.)
Of course, Swan Bitcoin offers the ability to instantly buy Bitcoin but what attracted me was the ability to setup daily, weekly or monthly automatic recurring Bitcoin buys.
Timing the market is hard. Our emotions lead us to buy when the price is rising (greed) and sell when the price is falling (fear).
Rather than trading or trying to time the market, I do a daily recurring buy to steadily increase my Bitcoin stack.
$8,000 (25%) swing in 10 days!
Dollar-Cost-Averaging (DCA’ing) smooths out the price volatility and removes the headache of trying to time the market.
I also really like their auto-withdrawal feature.
Swan Bitcoin allows you to set up automatic Bitcoin withdrawals to your wallet.
I set the threshold for my auto-withdrawal plan and when my Bitcoin accumulation reaches the threshold, it automatically sends my Bitcoin to the wallet I control.
I use Swan Bitcoin to automatically accumulate my Bitcoin stack with low fees and super ease.
And, you should too!
(Use this link to to create an account on Swan Bitcoin and we will both receive $10 in Bitcoin.)
Recommended Resources on Bitcoin
- Book 1: The Bitcoin Standard 306 pages (Hands down the best book I have read in this space)
- Book 2: Thank God for Bitcoin: The Creation, Corruption and Redemption of Money 146 pages
- Article 1: What is Bitcoin? 10 minute read
- Article 2: Bitcoin vs. Real Estate 6 minute read
- Article 3: What If the Internet Goes Down? 6 minute read
- Article 4: Bitcoin Cannot Be Banned 13 minute read
- Article 5: Analysis of Bitcoin’s Use in Illicit Finance 26 minute read
- Article 6: The Bullish Case for Bitcoin 41 minute read
- Article 7: How Do Crypto Taxes Work? 11 minute read
- Website 1: Hope.com
- Website 2: Strategy.com (Comparison of various asset returns to Bitcoin)
