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<blockquote data-quote="100%ORIONComplianceGuy" data-source="post: 5945171" data-attributes="member: 109837">The bottom is anyone&#039;s guess. I wouldn&#039;t worry about that.&nbsp; Buying and holding from any reputable exchange is safe as long as you transfer to your own wallet and safeguard the keys. Some people buy in lump sums (or one if you have allot of spare fiat laying around) or dollar cost average. And transferring to your wallet (hardware wallet or non-custodial software wallet) should be done after every minimum accumulation of 0.01 Bitcoin. That could save on fees later if you want to spend/withdraw because a bunch of small transactions are basically more of a hassle for &quot;miners&quot; to process than larger amounts. All those unspent transactions are called &quot;UTXOs.&quot;There are a bunch of exchanges but the more popular ones cost more in fees. I suggest River, Swan, Bitcoin Well, or CashApp.&nbsp; River has free transactions after the first. Swan is free from the beginning up to $10k but they are slow to release funds and BTC. Bitcoin Well charges 1% but requires automatic self custody so you&#039;d need a wallet address ready to go. CashApp is more expensive (but still Cheaper than CoinBase, which i don&#039;t recommend) but you can buy and have your BTC moved into your own wallet within minutes.Good hardware wallets are plentiful. I suggest either of the ColdCard wallets, Keystone Pro 3, or Foundation Passport. But there are others that are just as good. And mobile &quot;layer 2/lightning&quot; wallets can be useful if you want to spend BTC. Or just use as a temporary place to accumulate sats until you reach 0.01. I recommend Aqua Wallet. I move my sats there off the exchange as soon as it&#039;s available via lightning network. So it&#039;s dirt cheap. Once I reach more than 0.01 I transfer to cold storage using my hardware wallet adress. But if you&#039;re comfortable leaving it on the exchange during that time then you&#039;d be fine.In summary.....chose one of those exchanges....buy.....transfer every 0.01 (or larger lump sum) to your own hardware or non-custodial software wallet.....secure the keys.......chill.</blockquote>

[QUOTE="100%ORIONComplianceGuy, post: 5945171, member: 109837"] The bottom is anyone's guess. I wouldn't worry about that. Buying and holding from any reputable exchange is safe as long as you transfer to your own wallet and safeguard the keys. Some people buy in lump sums (or one if you have allot of spare fiat laying around) or dollar cost average. And transferring to your wallet (hardware wallet or non-custodial software wallet) should be done after every minimum accumulation of 0.01 Bitcoin. That could save on fees later if you want to spend/withdraw because a bunch of small transactions are basically more of a hassle for "miners" to process than larger amounts. All those unspent transactions are called "UTXOs." There are a bunch of exchanges but the more popular ones cost more in fees. I suggest River, Swan, Bitcoin Well, or CashApp. River has free transactions after the first. Swan is free from the beginning up to $10k but they are slow to release funds and BTC. Bitcoin Well charges 1% but requires automatic self custody so you'd need a wallet address ready to go. CashApp is more expensive (but still Cheaper than CoinBase, which i don't recommend) but you can buy and have your BTC moved into your own wallet within minutes. Good hardware wallets are plentiful. I suggest either of the ColdCard wallets, Keystone Pro 3, or Foundation Passport. But there are others that are just as good. And mobile "layer 2/lightning" wallets can be useful if you want to spend BTC. Or just use as a temporary place to accumulate sats until you reach 0.01. I recommend Aqua Wallet. I move my sats there off the exchange as soon as it's available via lightning network. So it's dirt cheap. Once I reach more than 0.01 I transfer to cold storage using my hardware wallet adress. But if you're comfortable leaving it on the exchange during that time then you'd be fine. In summary.....chose one of those exchanges....buy.....transfer every 0.01 (or larger lump sum) to your own hardware or non-custodial software wallet.....secure the keys.......chill. [/QUOTE]

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