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Getting Started in Bitcoin

bitcoin wealth strategy Jul 12, 2024

Why Bitcoin Matters to Everyone

Imagine being part of a financial revolution where your money is entirely in your control, free from banks and governments. That’s what Bitcoin offers, and it’s no wonder people from all walks of life—whether young or old, blue-collar or corporate—are investing in it. With Bitcoin ETFs now available (as of January 2024) and accessible to everyone, it's the perfect time to explore Bitcoin as an investment option.

What Is Bitcoin?

Bitcoin is not just digital money; it's a groundbreaking technology that operates on blockchain. Created to facilitate secure and decentralized transactions, Bitcoin allows for payments and transfers without a central authority like a bank. Imagine sending money to a friend across the world in seconds, without any bank fees!

Who Controls It?

When you own Bitcoin, you have full control over it—no bank or government can interfere. This level of control is unprecedented and is one of the reasons Bitcoin is so revolutionary. Think of it as having a safe deposit box that only you can open.

Is It Taxed?

Tax implications are crucial to understand. Both the US and Canada have specific guidelines on Bitcoin taxation. Our guide provides detailed information and useful links for each country, plus a bonus section for expats living in Mexico. Knowing how and when Bitcoin is taxed can save you from unexpected surprises.

Real-World Uses of Bitcoin

Bitcoin and blockchain technology are solving real-world problems in business, banking, gaming, and global supply chains. Did you know artists can sell music directly to fans without middlemen? Or that hospitals can keep client records secure using blockchain? These are just a few examples of how this technology is transforming our world.

Why Do People Invest?

Bitcoin has delivered exceptional returns over time, appealing to those concerned about inflation, bank failures, or economic crises. Often called "digital gold," Bitcoin is seen as a long-term, reliable store of value. Imagine having an asset that grows in value and is resistant to government interference.

The 8-Step Buying Plan

Ready to start? Here’s an 8-step plan to guide you:

1. Measure your personal risk tolerance.
2. Decide how much to invest.
3. What to buy.
4. Where to buy it.
5. What to use it for.
6. When you want to cash out.
7. Where to keep it - aka safe, cold storage.
8. How to learn more and build your skills when you're ready.

Keep it Safe

Investing in Bitcoin requires understanding safety and security concerns. Learn which platforms are insured, how to protect your passwords, and discover the safest places to store your investment. Think of it as securing your valuables in a high-tech safe.

The Future Of Bitcoin

We are living in exciting times as Bitcoin and blockchain technology revolutionize various sectors. From artists selling music directly to fans to secure global money transfers without banks, the possibilities are endless. As more people use Bitcoin, its value is expected to rise due to supply and demand.

What You Actually Get With This Guide

- Clear explanations of Bitcoin and how it works.
- A concise, 50-page guide with no filler or fluff.
- Legal tax avoidance strategies with IRS and CRA information and links.
- Recommendations on the best places to buy Bitcoin.
- Guidance on how to withdraw your Bitcoin.
- Tips on protecting yourself from scams.
- Instructions on safe storage for both long and short term.

This guide is packed with everything you need to start your Bitcoin journey. Now is the time to explore Bitcoin and take control of your financial future. Don't miss out on being part of this revolutionary change.

Explore Our Programs

In addition to our comprehensive guide, we offer two programs designed to further your understanding and investment in Bitcoin:

Bull Run Basics

This program is perfect for beginners. It covers the fundamental concepts of Bitcoin, how to start investing, and strategies for managing your investments. It’s designed to give you a solid foundation in the world of Bitcoin.

Bull Run Ready

For those who are ready to dive deeper, Bull Run Ready offers advanced insights and strategies. This program covers in-depth analysis, market trends, and sophisticated investment techniques to help you maximize your returns.

Additional Resources

We also provide a range of additional resources to support your Bitcoin journey:

  • Downloadable Planner: Our planner helps you organize your investment strategy, set goals, and track your progress.
  • Reports Comparing Bitcoin to Other Asset Classes: Understand how Bitcoin stacks up against traditional investments like stocks, bonds, and real estate.

These resources are designed to give you the tools and knowledge you need to confidently invest in Bitcoin and other digital assets.

Take the first step today and explore the world of Bitcoin with our guide and programs. Equip yourself with the knowledge and strategies to navigate this exciting financial landscape.

 

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