like so many things buying BTC is easier said than done easier said than done and if you do it wrong it could cost you a lot of money and time if you do it right however you can get your hands on the world's best performing asset in the optimal way now since its launch in 2009 BTC has gone up by more than 760,000 x assuming btc's historical Trend continues you will find that you've saved yourself a lot of money and time by buying BTC correctly that's why today we're going to give you a brief explanation
of what Bitcoin is outline a stepbystep guide on how to buy BTC and let you in on a few tips that will maximize your returns I'll start by saying that this video is not Financial advice it's purely educational content that's meant to help you understand what BTC is is and how to buy it make sure to consult your financial adviser to see if BTC is right for you ideally one that actually understands what BTC is of course that said it's important to note that Bitcoin and BTC are actually two different things Bitcoin is basically a
distributed database that's secured by a series of computers called miners which execute some Hefty computational processes in order to earn the right to effectively update the information in the distributed database the reason why miners must expend all this computational power is to ensure that they have skin in the game in other words it's to ensure that they will update this database correctly now this database is divided into chunks of data called blocks each block includes a reference to the previous block hence the term blockchain BTC is the cryptocurrency coin of the Bitcoin blockchain and it
provides the financial incentive for miners to secure the blockchain the data contained within each block on the Bitcoin blockchain is made up of BTC transactions when a minor adds a block of transactions to the blockchain they earn BTC as a reward so this begs the question of what gives BTC value the answer is three-fold the first is that the Bitcoin blockchain it exists on is believed to be the most secure network in the world this makes BTC the most secure digital asset in existence one that has stood the test of time so far the second
reason why BTC has value is because of its supply and demand Dynamics every four years the amount of BTC that miners earn from each block is cut in half this restriction in New Supply combined with the same or more demand eventually results in btc's price doubling often more due to speculation now the third reason why BTC has value is the most important and that's because it allows for Financial Freedom you can hold BTC in your own wallet and decide exactly what you do with it and when this is the true definition of Financial Freedom and
it's something that's being increasingly restricted consider that the money you have in the bank technically doesn't belong to you seriously look it up and if you're enjoying the video so far by the way be sure to smash that like button to help others find it and make sure to subscribe to the channel and ping that notification Bell so you don't miss the next one now with the basics of Bitcoin under your belt the next step is to identify the best way to buy BTC as a rule of thumb there are two ways in which you
can buy BTC directly using cryptocurrency exchanges and platforms or indirectly using traditional exchanges and platforms which offer Bitcoin ETFs and the like buying BTC directly is preferable because it allows you to hold your own BTC the caveat is that there are some cases where this is not ideal this could be because you're not sure how to self- custody your BTC because you have a lot of BTC that you're scared to lose or or because of regulations if this is the case for you then you're probably better off buying BTC indirectly using traditional exchanges and platforms
depending on where you live chances are that your bank or broker will offer spot Bitcoin ETFs or similar instruments that allow you to profit from BTC without having to hold it the catch is that all these assets are custodial meaning that you technically don't own them not only that but exchange traded products that track btc's price can deviate from that price that's because BTC trades 24/7 whereas these products only trade during stock market hours Monday to Friday that's why it's preferable to buy BTC directly wherever possible so this begs the question of which crypto exchange
or platform is the best to buy BTC well in opinion the answer is currently swissborg as the name suggests swissborg is a crypto platform headquartered in Switzerland that's available in 44 countries now in contrast to most crypto platforms swissborg has a reputation for being very transparent and compliant with the regulations in all of the jurisdictions it operates in more importantly the crypto platform segregates customer and corporate assets which allows for safe thir third party custody now as you might have guessed we happen to have an exclusive deal with swissborg if you sign up using the
link down below and deposit €50 worth of crypto or Fiat then you'll get up to € 100 worth of crypto for free assuming you live in a country that supports this deal 39 of the 44 do if you happen to be in a jurisdiction that swissborg doesn't currently support then be sure to check out the coin Bureau deals page for other cryp to platforms that could suit you if you are in a jurisdiction that swissborg supports but aren't sure how to sign up or buy BTC using swissborg don't fret that's exactly what we're going to
show you now the first step to buying BTC with swissborg is to download the app obviously to do this use the link in the description of this video it should take you to a website that looks like this scroll down and scan the QR code using your phone camera and click the link that shows up if you're watching this video on a computer and have your phone handy you can scan the QR code here now this should bring up the swissborg app in the Google Play or Apple App Store click install FYI the swissborg app
is just 25 megabytes for anyone who's short on phone storage once installed click open after a few seconds you should see a screen with the swissborg logo that says get started click on that button next swissborg will ask for your phone number enter your phone number and click next what's awesome is that swissborg will give you the option to send the confirmation code via WhatsApp or SMS depending on your preference once you've received and entered the code you'll be asked to create a secure 4digit passcode think of one that you won't forget but also one
that you haven't used elsewhere already once you've entered the passcode you'll be asked to confirm it by re-entering it at this stage swissborg will ask you for a load of personal details to create your account this is because of strict kyc regulations which some would say make no sense but that's a topic for another time click on the button where it says I agree with the terms of use and then click next after that enter your name and your date of birth and your nationality and click next then add your email address and click next
now on that next slide you'll be asked to verify your email address by this point you should have received an email with a link that you'll need to click on if you haven't received it chances are it's ended up in your spam folder now once you found the email click the link this should take you back to the app and once you are back in the app you should see that your personal details and email address have been completed so the next step is to confirm your residential address click next here you'll be asked to
search for your address if it shows up swissborg should automatically add the address information postal code Etc if it doesn't show up then you'll have to enter your address information manually by clicking enter manually once all looks good click next finally you'll be asked to complete an investment questionnaire answer all of the questions honestly and then click confirm once done you should get a message saying your account registration is complete click close this will bring you to the swissborg homepage click on deposit this should result in a prompt asking you to complete kyc so click
verify account this will bring you to the identity verification page make sure you have one of the required documents handy a passport or national ID card are ideal confirm that you're not a politically exposed person unless you are and click get started at this stage as with all crypto platforms you'll now have to take a photo of your identity document and then record a video of your face to prove that it's really you creating the account so start by by clicking I consent to the processing of my biometric data and then click choose document next
select the country that your document was issued from take a note of the accepted documents some countries may not allow certain documents for kyc hence why it's good to stick to a passport or national ID then take a photo of your ID document Pro tip if you use a passport you only have to take one photo saves time compared to the two photos you need to take for most other IDs and finally take a scan of your face and upload the video This should bring you back to a page that tells you your documents are
under review and that you'll be notified as soon as they've been checked click continue by the time you click continue chances are that your ID will be verified you'll be able to tell because you'll get a popup saying you're ready to go if you're not sure then click the profile icon on the bottom right of the screen in the profile tab click on account level this page will show you your verification status with level one being the minimum you need to start buying and selling BTC in most countries as you can see level two is
ideal as it gives you much larger deposit and withdrawal limits same goes for level three now once you finished setting up your swissborg account you're ready to buy BTC first click the deposit button on the homepage then select your preferred deposit method for the purposes of this video we'll be using card enter your card information and then click add card after that enter the amount of money you want to deposit for now swissborg only allows you to deposit Swiss Franks Euros or British pounds via card other currencies can be added via bank transfer I'll also
note that swissborg has a withdrawal cooldown period meaning that you can't withdraw the funds you deposited for between 10 and 30 days thankfully swissborg segregates its customer and corporate assets so your BTC will be safe in the interim click I understand and then confirm you should then get a page saying that your deposit was successful if you want give your card a name and then click finish this will bring you back to the swissborg homepage at this point you should get a notific saying that you've received a reward ticket for using our affiliate link click
on it now like real tickets you'll have to scratch to see how much crypto You've Won as I mentioned earlier you can win as much as €100 worth if you didn't get a notification about the reward ticket then check the referrals tab on the profile page of the swissborg app if you still don't see your reward then you either didn't use our link to download the app didn't do enough kyc or didn't deposit an amount of money equivalent to €50 or more we'll leave a link to Swiss Borg's help page in the description if you're
having any problems but back to the mission at hand buying BTC so from the Swiss Borg homepage click on the invest tab at the bottom next click on buy cryptos BTC should be the second result on this page click on it then click the buy button at the bottom select the currency you deposited from the options then click all assuming you want to invest the whole amount into BTC of course and click next finally you'll get a page asking you to confirm the purchase click confirm after a cool animation you'll get a message saying your
exchange was successful it should look like this then click finish this should bring you to the BTC account in your swissborg portfolio once the cooldown period has passed you'll want to withdraw your BTC to your own personal wallet so to do this click on the send button in the bottom right on the next page select external wallet then select the amount you want to send and click next at this point you need to enter the wallet address of your personal Bitcoin wallet and click next to confirm and complete the withdrawal if you don't don't have
a Bitcoin wallet or don't know how to set one up we'll leave a link to our treasure wallet tutorial in the description we'll also leave a link to our indepth swissborg review in the description too so that you can take advantage of all the other features this crypto platform has to offer now to wrap things up I want to give you a few tips that you can use to maximize your BTC Returns the first tip is to accumulate BTC using crypto platforms that won't shaft you with fees such as as swissborg note that this doesn't
just include deposit fees but also swap fees and withdrawal fees for BTC the second tip is to realize that buying and holding BTC is just as profitable as trading it in the long term so unless you're ready to dedicate every day to trading BTC you're statistically better off buying and holding don't get distracted by those claiming that they doubled their BTC stack overnight by TR tring the third tip is to understand that the returns in altcoins are likely to be larger in percentage terms at times this may tempt you into rotating your BTC into altcoins
as with day trading though unless you're ready to dedicate every single day to researching altcoins you're statistically better off buying and holding BTC the fourth tip is to accept that btc's price can be very volatile it regularly goes up and down by double digits sometimes in a single day if you find yourself constantly checking your BTC Holdings then chances are that you've bitten off more than you can chew and should consider reducing your allocation the fifth tip is to consider using BTC as a tool once your Holdings become large enough for example suppose you want
to buy a car for 40 Grand and you're sitting on 400 Grand worth of BTC instead of selling 4 K worth of BTC you can borrow against some of your BTC Holdings just be aware of the liquidation risks the added bonus of this approach is that you can in many cases avoid paying capital gains tax by borrowing against your BTC just make sure to check this with your accountant as this isn't the case in every country and this ties into the sixth tip and that's to be aware that a lot of btc's price appreciation is
not due to btc's Value going up but the value of Fiat currencies going down as a matter of fact if you adjust the prices of most assets to account for inflation you'll notice most haven't gone up in real terms BTC is one of the few exceptions but the tradeoff is the volatility I just mentioned and that relates to the seventh tip and that's to remember that BTC is one of many assets you should keep in your portfolio being Allin BTC isn't for everyone particularly for those who are new to crypto as you become more comfortable
with the asset class and its volatility you can increase your BTC exposure this pertains to the eighth tip and that's to ignore what you're hearing about Bitcoin regardless of whether it's positive or negative obsessing over what others are saying will result in fomo and fud that messes up your BTC allocation just do your research ignore the noise accumulate and hoddle now the ninth tip follows from the eighth and that's to set realistic expectations for how big your BTC stack could grow there are lots of price predictions out there and very few are realistic our research
suggests that BTC will likely hit between 120 and 180k sometime in 2025 likely in the summer or the Autumn but hey we might be wrong of course now our final tip is a combination of all of the above and that's to keep it simple and not overthink everything BTC has been around for over 15 years it is the best performing asset of all time it is likely to continue going up in value if only because the value of theat currencies is being eroded so unless you truly care about crypto from a philosophical or technical perspective
there's no point in wasting wasting time and energy poking away at every potential problem BTC has or the solutions it could offer just consider BTC to be digital gold an asset which with a bit of luck will save you lots of time and money and on that note if you're wondering how BTC compares to actual gold check out the link in the description and that's all for today's video folks so if you found it helpful help us out by Smashing that like button if you want to keep getting helpful content subscribe to the channel and
ping that notification Bell if you want to help others buy BTC then take a second to share this video with them as always thank you so much for watching and I'll see you in the next one this is Guy signing off [Music]
