How to Invest in Bitcoin? Guide to Bitcoin Investment in 2025

Are you thinking about investing in Bitcoin? Not sure if you should invest in Bitcoin and how to invest Bitcoin?

We will cover the following VERY important topics for you:

Ready to start your Bitcoin journey? Let’s get started!

Here are some of the reasons why you might consider Bitcoin investment:

But all the good things aside - remember Bitcoin is a highly speculative asset that carries many risks from legislation to software failures. Make sure you do not invest more than you can lose!

As the well-known saying goes - “the best time to plant a tree was 10 years ago, the next best time is today”.

The same can be applied to Bitcoin. Sure, we all wish that we would have invested in Bitcoin when it was just a few cents, but the reality is that we cannot travel in time - at least not that I know of. The second best time is today - why not take a leap of faith and see where this thing can go?

According to DCA Bitcoin, if you had started buying Bitcoin at the current peak of Bitcoin price at the end of December 2017 and kept on doing that every week until December 2019. You would still be in profit by about 12%!

Don’t believe me? Head over to the DCA Bitcoin and see what magic of dollar-cost averaging can do for you.

There have only ever been about 60 days in Bitcoin’s history of 10 years where you would have lost money if you bought.

Considering the power of dollar-cost averaging and the fact that only ever has there been 60 days where you would be in a loss if you invested in Bitcoin, it seems like a good investment opportunity to me.

The top 3 easiest ways to invest in Bitcoin are buying from an exchange, buying in person and using a Bitcoin ATM.

In my opinion, the easiest, safest and most cost-effective way to invest in Bitcoin is to use a Bitcoin exchange. Take a look at our favourite Bitcoin exchanges in the next paragraph.

Here are some of the most popular and trustworthy Bitcoin exchanges, that I have personally used many times without any issues at all.

Coinbase is one of the largest and most well-known exchanges around. Founded in 2012, based in San Francisco, California. Coinbase has a beautiful and very easy to use user interface. You can get free cryptocurrencies when you complete tutorials about cryptocurrencies on Coinbase’s website - a great way to learn about cryptocurrencies and get free cryptocurrencies at the same time.

Pros of using Coinbase:

Cons of using Coinbase:

Bitstamp is one of the most simple exchanges around. Based in Luxembourg. Bitstamp is mostly used in Europe, but they support 50 other countries outside of Europe as well. The main countries include Australia, Brazil, China, South Africa, South Korea, and the USA.

Pros of using Bitstamp:

Cons of using Bitstamp:

Kraken, being founded in 2011, located in the US is a very popular cryptocurrency exchange in the US and Europe that has stood the test of time. Kraken is one of the few exchanges that has never been hacked.

Pros of using Kraken:

Cons of using Kraken:

Binance is a relatively new exchange - founded in 2017. Binance has gained a lot of traction because they have so many different trading pairs (over 1,000). Binance supports pretty much every cryptocurrency that there is.

Pros of using Binance:

Cons of using Binance:

Another option is to buy Bitcoins in-person. There are many Bitcoin sellers (and buyers) available that accept either cash or wire transfer payments in-person.

The best way to find sellers (and buyers) in your area is to head over to Localbitcoins. Choose your preferred payment method and your location and browse the sellers (and buyers) available to transact in your region.

Make sure you select a seller (or buyer) that has operated for a while and has good reviews on Localbitcoins. There have been instances, where two people looking to make a Bitcoin transaction have met up and one of the parties involved in the transaction has lost their Bitcoins or money. So make sure you take some security precautions if you choose to do a Bitcoin transaction in-person.

Buying Bitcoins from ATM is also a viable option if you do not like buying Bitcoins from exchanges.

Before using Bitcoin ATMs, make sure that you carefully read through their terms and fees. It is known that some ATMs charge a hefty fee when buying or selling Bitcoins using them.

To find out if there are any Bitcoin ATMs in your area - click here.

There are many different ways you can go about storing your investment in Bitcoin. Below in this paragraph, I will give you the most common ways of storing Bitcoin from most convenient to most secure.

So let’s get started, shall we?

In the history of Bitcoin, there have been countless times when one or another exchange has been hacked. Therefore it is not recommended that you keep your Bitcoins on an exchange as it carries a significant counterparty risk.

To see a full list of exchanges hacked in the history of Bitcoin - click here.

If you still insist on keeping your Bitcoins on an exchange then you should use Coinbase. Coinbase insures all of their customer’s funds - up to $250,000 worth. Read more about it here.

Storing your Bitcoin investment on a mobile or web wallet is sufficiently secure for most people - unless you are dealing with huge amounts of money being invested in Bitcoin.

Here are some of the known Bitcoin wallet providers:

Blockchain.info allows you to set up a free online wallet for storing your Bitcoin investment. The process of setting up a Blockchain.info account takes a couple of minutes and you can set up 2-FA (Two-factor authentication) in order to keep your Bitcoins safe.

In the event that you lose access to your Blockchain.info account, you can restore the account by using the “secret seed” that they give you when you sign up.

Blockchain.info supports Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Stellar (XLM) and USD PAX (PAX) cryptocurrencies.

One additional great feature of Blockchain.info is that you can instantly convert your cryptocurrencies if needed.

BRD Wallet is the simplest option to set up a Bitcoin wallet on your mobile. BRD supports 5 different cryptocurrencies - Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), DAI and BRD (their own cryptocurrency).

Getting started with BRD Wallet is as simple as downloading their mobile app on either Play Store (for Android) or App Store (for iOS). After installing the application you are asked to write down a list of words, which you can use to restore your cryptocurrency wallets in case your phone gets stolen or anything.

You can use the same list of words if you ever want to access your cryptocurrency wallets from different wallet providers.

For more serious investors take a look at the next paragraph for hardware wallets, which are the most secure way to store your Bitcoin investment.

Using hardware wallets is the most secure way a regular person, like you and I, can use to store our Bitcoins.

Below are some of the most affordable and well-known hardware wallets on the market.

Ledger’s hardware wallets are the best hardware wallets available.

Ledger’s hardware wallets start from $59 and go up to $269. Honestly, you can 100% get by with the cheapest hardware wallet available on their store. It is exactly as secure as the most expensive option and supports all the major cryptocurrencies.

In total Ledger’s hardware wallets support about 1,000 different cryptocurrencies. To get a full list of all the cryptocurrencies supported - click here.

Ledger’s hardware wallet works by connecting a device to your computer using USB. After connection, you will be given a set of instructions in order to set up the wallet for the first time. It takes about 10 minutes in total to get your hardware wallet ready to go.

In case you lose your hardware wallet, you can always buy a new one and restore your Bitcoins by entering the 20 seed words given to you when you first set up your hardware wallet.

In order to protect your Bitcoins from unauthorized access, the hardware wallet requires the device to be connected to your computer and a password being entered on the device any time you want to access your Bitcoins or other cryptocurrencies.

Trezor wallet is the next best thing (in my opinion) after Ledger wallet. Trezor has many of the same features as Ledger does, but their hardware wallets are usually a bit more expensive than Ledger wallets.

Like Ledger, Trezor also supports over 1,000 different cryptocurrency wallets. For a full list - click here.

In order to access your cryptocurrencies with Trezor wallet, you have to browse to their website, where you can access the Web interface of your wallet. Their web interface is really useful if you are someone that has to access your cryptocurrencies in many different computers, where you might not be able to install the required software.

Remember to only use their official sites to buy hardware wallets. Buying a hardware wallet from Amazon or eBay can carry a significant risk that the hardware wallet might have been tampered with. Be safe and only use the official store to get your hardware wallet!

If you have made it to the end of this article then you are ready to make your first investment in Bitcoin. Remember that Bitcoin is a highly speculative asset that can significantly drop in value at any given time. Considering that it is recommended to keep investment on the lower side of the spectrum.

Hopefully, you will take the leap and get your Bitcoin journey started today.