To my surprise I ended up buying on the higher end of the bitcoin prices as the spread between BUY/SELL was way more than I was used to with stocks. The website turned out to be legit and I got the bitcoins deposited to my Wallet. After a few days I came across but the process was sketchy. Private Keys, Public Keys, Primary Password, Secondary Password, 12 word phrase, Two- Factor Authentication etc and the list of jargons was intimidating.Īs soon as I opened an account(I had created a 36 character password), I feverishly started to research on how to buy Bitcoins. I did some research and opened my digital wallet on - it was confusing. So I decided it was time to sink some money in the Bitcoin phenomenon. It felt like I was the only one(along with everyone in my network) who was not in on this thing. I was seeing people wear bitcoin T-Shits in the subway. It was November 2013 and the Bitcoin phenomenon was at an all time high.
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