In 2013 I set out to buy one whole Bitcoin for £200. But it never actually happened.
17 December 2017 price was $19,783.06 and Now 2020 Bitcoin price $10,000.
The closer I got to buying, the more confused and worried about the whole thing I got. So I gave up.
I wasn't to know, but if I'd persevered, that Bitcoin would now be worth over £7,000.
With the ongoing surge in interest and media coverage, the conversation gets louder and louder.
Bitcoin could have huge implications for everyone's future. I felt it was time to try again. Not to make money, but to understand what the hell all the fuss was about.
The itch led me down a rabbit hole of research, fueled by fascination and excitement. I finally 'got it'. It also became obvious that today it's far easier to buy Bitcoin than it was 4 years ago.
Today I'm the proud owner of 0.01603666 BTC, which I exchanged for £100.
In this guide, I take you through the exact steps I followed to buy Bitcoin. The process itself took about 15 minutes.
But before we get to the tutorial steps, it's really important to know what we're getting into. Increasingly I hear from students making mistakes due to rushing into Bitcoin because of all the hype. There's so much fragmented or misleading information out there. My aim here is to strip it to total basics without putting you off for another 4 years (hopefully).