Lesson 1: How to think of Bitcoin in USD

Lots of people want to invest in crypto currency. When I started, it took me awhile to think of USD in Bitcoin. So I thought I would write a quick example to help others shorten their learning curve.

Today Bitcoin is worth $7,737.00... roughly.

Example of how I invest in Bitcoin.

Mission Statement: I want to dollar cost average into a position that will significantly increase my wealth over time.

How: Deposit USD into coinbase account, then transfer onto Gdax exchange to buy Bitcoin. Then use the trading technique from Hive account@quickfingersluc to find entry positions to buy Bitcoin. Then transfer bitcoin back to Coinbase wallet.

Problem: So how much is Bitcoin worth? "I" want to buy 0.01 bitcoin today?

0.00001 Bitcoin X $7,737 = $0.0773 USD
0.0001 Bitcoin X $7,737 = $0.773 USD
0.001 Bitcoin X $7,737 = $7.73 USD
0.01 Bitcoin X $7,737 = $77.30 USD
0.1 Bitcoin X $7,737 = $773.00 USD

• Think of this chart when you are looking at the price of bitcoin.

Solution: Over time weekly purchases combined with Hive account@quickfingersluc trading method should produce positive returns and prepare a position in the greatest transfer of wealth in human history.

***Note: This is not investment advise. This is just an example of how someone might buy bitcoin.