How to Buy Cryptocurrency for Beginners (Step By Step)
Get $10 worth of Bitcoin when you sign up using my link
This video covers everything about buying and protecting your cryptocurrency (like Bitcoin and Ethereum) for beginners.
My Recommendations:
► Ledger Hardware Wallet (Cold Storage):
► Trezor Hardware Wallet:
► Coinbase: (works in US and other countries) – You’ll get $10 worth of Bitcoin when you sign up using my link
► Binance:
Ledger Hardware Wallet (Cold Storage to Protect Your Crypto):
TIMESTAMPS:
0:00 – Why This Video is Important
1:55 – Things to Know Before Buying
4:27 – Protecting Your Computer
5:42 – Protecting Your Passwords
9:00 – Setting Up Secure Email
12:59 – Setting Up Two Factor Authentication
14:49 – Google Authenticator Set up
16:28 – Authy Authenticator Set up
18:23 – Securing Protonmail with 2FA
19:43 – Securing Your Phone
21:17 – Getting a Hardware Wallet
24:15 – Final security tips before Buying first crypto
26:14 – Buying Cryptocurrencies like Bitcoin and Ethereum
30:15 – Moving Crypto into a hardware wallet (cold storage)
34:22 – Moving crypto out of a hardware wallet (cold storage)
36:07 – Selling or Converting Your Cryptocurrency on Coinbase
36:41 – Final Tips on Protecting Your Assets
Secure & Useful Links
► Malwarebytes:
► Keyscrambler (keyword scrambler):
► Google Authenticator:
► Authy (Authenticator):
► ProtonMail:
In this video, we'll cover how to buy and safely store cryptocurrencies like Bitcoin, Ethereum, Litecoin, and more. While investing in crypto for the first time is exciting, it can be hard to know where to start! This video will take you through how to buy and safely store your cryptocurrency so that you hopefully don't have any problems down the line.
The first part of the video will be dedicated to all of the safety measures you must put in place before buying your first cryptocurrency. With crypto, you are your own bank. That means that you are in charge of putting security measures in place so that you aren't the victim of a scam. These measures are important to put in place before buying. Once you've done that, we'll go into how to buy cryptocurrency. We will cover the best ways to get your hands on Bitcoin and other cryptocurrencies as well as some of the risks associated with buying from an exchange.
Each section will walk you step-by-step through what you will need to know and do, with screen recordings along the way.
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NOTE: This description contains some affiliate links, meaning that I may earn a minimal commission if you click through and use these links (at no additional cost to you).
Disclaimer: I am not a financial advisor. Although I am a lawyer by profession, I am not your lawyer and no attorney-client relationship is established with you in any way. This video, and the ideas presented in it, are for entertainment purposes only and should not be construed as financial or legal advice.
It’s my birthday!! I spent over 27 hours (including the majority of my bday) making this video – please hit the thumbs up as my birthday gift haha 🙂 Links to everything mentioned are in the description above.
Get $10 worth of Bitcoin when you sign up using my link https://erikakullberg.com/coinbase
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Contact to start
Thank you for your hard work, Erika.???
I hope your next vid will be about Ekta! I’m starving for details about it… I’d like to know if it’s as fantastic as it seems!
Happy bday! Thank you for making the video
you have a nice voice. It’s a pleasure to watch your videos. It would be even better if you’d tell smth about SafeEarthETH. It’s a blockchain eco charity project with low taxes.They’re great!
Glad to see this, his work ethic speaks for itself. Reach him for guidance, Keep up the great work paul…
Paul Singh has helped a lot of traders & newbies out there, and with their program one can recover losses from crash so quickly
His training program has been insightful, and I must say, I’m most honored to have been part and a full-time beneficiary of his daily signals. I have been growing monthly & have been able to increase my portfolio from 1.5BTC to more than 4.5BTC with his daily signals…..
@Justus Pauli thanks I’ll write him immediately
TE-LEGRAM @alex4signals
Awesome content Erika. Thanks a lot for the outstanding video. I am a computer scientist and I loved to see how you broke down the security topics so that everyone can understand them. And of course the legal issues too. Much love ?
Really appreciate the effort you went through in the first half of the video to go through alllll the security measures before even talking about buying crypto. It’s often overlooked but it’s such an important step. One of the few youtubers who talk about this at all in intro videos like this. Keep up the great work, and thanks for keeping us safe!
You’ve gone over so many points that are truly life saving for crypto traders.
Fire! Belated Happy Birthday, Erika! I’ve watched lots of “How to do Crypto” videos before, but yours is definitely the most valuable one! Due to the high detail of explaining the security measures and allowing no room for mistakes! I love the way you leave absolutely nothing behind in informing everything, and I’m seriously impressed that’s all packaged in one video! Just discovered your channel, and you have my attention! I hope to try trading Crypto in the future at the fitting circumstances. Thank you!
This is such a nice comment to receive! Thank you so much!
Great stuff. Some people may find it rather intimidating to follow all of these steps without being afraid that maybe — just MAYBE — they overlooked something along the way and now their crypto assets are at risk without them being aware of it. What they should keep in mind with all these great tips is that what matters more than anything else are those 24 words your hardware wallet generates for you. Those 24 words ARE your money, as long as they are safe, your money is safe, even if your cryptocurrency exchange or your account there gets hacked. And since that is always a possibility, don’t keep a lot of money there for extended periods of time. As little as possible and as briefly as possible.
Really outstanding work, Erika. Thank you so much for all you do! Namaste ??
Thank you for this, This is the best breakdown I’ve seen of the process. Still not sure I want to jump in, but I will be following your steps if I do! Well done!
TeXtMe DiReCtLy I have something profitable ????
Blimey! Erika! You have indeed really worked hard on this one. The first 21 minutes are all about SECURITY, and are all good tips for top quality GENERAL security, regardless of whether one then goes on to use the resulting equipment and platforms to deal in Crypto. You could pare off most of those 21 minutes and set it up as a purely security video. Deeply impressed.
Great video, Erika. I really appreciate the time and effort you put into this video. It is highly informative and very comprehensive. Thanks heaps. Fire.
Thank you so much!
Very thorough presentation, which I know took a lot of time. However I did struggle quite a bit particularly trying to add the Google authenticator. I wasn’t always clear when I should or could be using a phone or laptop/pc. For example, I tried to add Google authenticator software to my PC but the only option was to load to my phone via the Play store. So I added the authenticator app to my phone but when you go to scan the barcode you can’t really do it because you need two separate devices for that, a computer and a phone. A Catch 22 scenario.
Needless to say, this experience was a time consuming mess for me. I’m probably missing some obvious point in this procedure. Wouldn’t be the first time. ?
I’m glad a met a prolific and outstanding genius like him ☝️ I’ve never had complaints and my returnš have been benefiting
Wow, that was an amazing detailed video! I’ve already had experience buying different cryptos across multiple exchanges (voyager and kucoin are worth checking out if you haven’t already) and already have a hardware wallet to store my cryptos in, but didn’t realize I was missing all those other security aspects you mentioned in the first half of the video.
Glad you enjoyed it!
Thank you so so much for this video!its a lot of important information! You literally went through every step!! I’m amazed))) I’m about to open account and will go through every step that you mentioned! ❤ It would take me week to figure out all by myself . Thank you!
Glad it was helpful!
You have made investing in crypto understandable. I need someone to explain thing to me like I’m a 8 year old, unfortunately I’m not. Thank you for making this video. I’m not as stressed about being a beginner crypto investors!
Thank you so much David! If people liked this one, I’m planning to make another one on Introduction to Crypto with more information simplified 🙂
Yo, thanks for this! I’m planning to get into Crypto. The thoroughness of how you want to make sure your viewers are protected. I really appreciate it.
New Sub here!
Thank you so much!
Absolute Fire! Thanks so much for taking the time and your effort (On your Birthday) to share all of this information. Absolutely priceless for so many that are entering the exciting world of Crypto. Best wishes to all for a fun, secure and profitable journey. Happy Belated Birthday Erika!
Hi Erika you’re such an inspiration, just watching your videos motivates me to become better so thank you. Keep up the GREAT work!
Happy b-day. Thank you for being so clear and direct with your instructions for crypto. I have been watching you since you started on YouTube and want you to know how much I appreciate your channel. I have some business questions and would like to know how to get in touch with you. again thank you for every video they help so much.