The Entrepreneur Forum | Financial Freedom | Starting a Business | Motivation | Money | Success

How can invest Concurrency (Bitcoin)

Learn how to build wealth and win financial freedom the Fastlane way!

Say "NO" to mediocre living rife with jobs, ascetic frugality, and suffocating savings rituals— learn how to build a Fastlane business that pays both freedom and lifestyle affluence. Join more than 70,000 entrepreneurs who are making it happen.
Join for FREE Today
Get the books
Remove ads? Join Fastlane INSIDERS
(Registration removes this block)


Bronze Contributor
Read Fastlane!
Read Unscripted!
Speedway Pass
Feb 1, 2016
Hey George, welcome to the forum

If you stick around this is an amazing place with endless opportunities to learn from awesome people.

Questions like yours usually won't fare very well though, as they could easily be answered by a google search. Though if we see you're putting the effort in we'll go above and beyond to help you.

To answer your question. The usual entry into cryptocurrencies is via Coinbase. You can simply transfer them some of your Australian Dollars and exchange it for Bitcoin, Ethereum, Litecoin or Bitcoin Cash. If you plan to invest in other cryptos you then need to transfer those to an exchange like Binance.
You can see which currencies are listed on which exchange if you visit and search for the coin.

If you want to protect your investment you shouldn't leave it on an exchange after you bought it. You can store your coins or tokens in so-called wallets. There are many different ones so you need to research yourself, which one suits you best. But no matter what you do, make sure you have a way to recover those wallets. Don't worry, every tutorial you find online will go into great detail regarding this. Oh and think about getting a hardware wallet like the nano ledger S for that extra bit of protection.

All that being said, please think carefully about whether you want to invest your money in cryptocurrencies or not. Judging by your question it doesn't seem like you have researched the topic a whole lot. There is a lot of money to be made, but also a lot of money to be lost.

The opportunity isn't going away anytime soon, so please take a moment before you throw your money at something you know little about.

Post New Topic

Please SEARCH before posting.
Please select the BEST category.

Post new topic

New Topics

Fastlane Insiders

View the forum AD FREE.
Private, unindexed content
Detailed process/execution threads
Ideas needing execution, more!

Join Fastlane Insiders.

More Intros...

Must Read Books...

Explore books recommended by MJ DeMarco and other members of the Fastlane entrepreneurial community.
Fastlane Bookstore