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29.02.2024 14:00

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What is the easiest way to buy bitcoin?

The value of Bitcoin has been skyrocketing recently. Photo: screenshot of coinmarketcap.com
The value of Bitcoin has been skyrocketing recently. Photo: screenshot of coinmarketcap.com

EDIT / ADDED (29.2.2024)*:

The value of Bitcoin has grown considerably in the last few months, and especially in February 2024. It is difficult to estimate where the limit is, but the curve is climbing strongly. Bitcoin is now, on 2/29/2024, with a value of 62,600 USD almost at the record value of November 2021. If you want to know the easiest way to buy Bitcoin, we already wrote about it HERE. 

EDIT / ADDED (27.1.2022)*:

The value of bitcoin is at around 30,000 euros recently. As we already wrote on 14.1.2022, low values can be a great opportunity for investors, assuming that sooner or later the value of Bitcoin will rise again, at least to the values around which this cryptocurrency hovered a few months ago. The picture says more as a thousandč words.

EDIT / ADDED (14.1.2022)*:

At the beginning of 2022, the value of Bitcoin has fallen a bit more and is now worth around 42,000 US dollars. Even those of you who invested in it when it was worth around 50,000 dollars can most likely count on the fact that your investment will pay off. Now that the value of Bitcoin has dropped by an additional eight thousand, this can only be an even bigger opportunity. Bitcoin has surprised quite a few times before and we never know where the curve will move, so this time wait for it ready.

EDIT / ADDED (7/12/2021)*:

At the beginning of November, Bitcoin exceeded the 60,000 US dollar mark, and until today it has fallen to around 50,000. Such falls are an opportunity to invest and wait for it to rise again. Then comes the moment you've been waiting for, and with that you deserve something. Until now, Bitcoin has proven several times that it can positively surprise, and if you "catch" it then, you are on a horse.

EDIT / ADDED (14.10.2021)*:

Today, Bitcoin is worth around 49,500 euros or 57,500 US dollars and is approaching the 60,000 dollar mark. If we look at the movement of this cryptocurrency in the last month, we can see a nice growth in the last two weeks. Bitcoin has proven once again that if you catch the right moment, it can be an excellent investment opportunity. Right now, with moderate growth, could be one such moment. Its beauty is that we never know how high it may rise and when or how quickly it may happen. But he has proven several times that even when he falls, he always comes back under the spotlight.

EDIT / ADDED (30.8.2021)*:

It didn't take long for Bitcoin to rise again from the ashes. Cryptocurrency, despite numerous criticisms of its impact on the environment and increasingly strict measures by regulators, shows no signs of slowing down. China has taken a number of measures to, among other things, limit cryptocurrency mining. In the US, laws are also being drafted to regulate digital assets. The president of the US Securities and Exchange Commission, Gary Gensler, equated the crypto space with the "wild west". Despite everything, the value of Bitcoin as of today stands firmly at almost 48,000 dollars.

This shows the resilience of the entire network and that this cryptocurrency is bigger than a single country. After the resurgence, financial experts point out that Bitcoin is still far from he didn't say the last word.

EDIT / ADDED (28.5.2021)*:

A month has passed and Bitcoin has crashed from a value of 50,000 US dollars to just over 35,000. A fall can be an excellent investment opportunity with a potential rebound. Elon Musk's tweets caused a real upheaval in the crypto market, but on the other hand, it should be known that some other billionaires are still announcing investments in Bitcoin, and the value of this cryptocurrency could jump again. American businessman Carl Icahn, the 127th richest man in the world, "weighs" around 13 billion euros, is now considering the possibility of investing in cryptocurrencies. He thinks about investments in a big way, as he worries that he could invest as much as a tenth of his wealth in them.

Bitcoin has proven several times that it should not be underestimated. We don't know exactly how high it can reach once it starts its march. These are the opportunities that investors are waiting for, who are chasing the moment when the curve does not start to climb steeply.

EDIT / ADDED (26.4.2021)*:

In the last hour, the value of Bitcoin has fallen again, so that its value was almost below 50,000 US dollars, but today the value has jumped and currently stands at a good 53,000 US dollars.

EDIT / ADDED (22.3.2021)*:

At one point in the last month, Bitcoin was still worth around 60,000 US dollars, but in the last few days it has stabilized at just under 50,000 dollars. ÄŒIf we look at what has been happening in the last 6 months, we can see that Bitcoin knows no borders. That's why now, when the value has calmed down a bit, may be the time to invest, before the price may jump again.

EDIT / ADDED (23.2.2021)*:

Bitcoin has exploded this year and there is no end in sight for its growth. Today, its value ranges around 45,000 US dollars. Just imagine investing in it in the middle of last November - the value has skyrocketed since then moreč as duplicates. Considering that Bitcoin is still growing, don't miss the train, because there are not many such opportunities. But you have to be wise and chase the highest value. No one knows when he will reach it, but this year in a few months we realized how quickly everything can turn around and that Bitcoin knows no boundaries.

EDIT / ADDED (8/1/2021)*:

In the new year, the growth trend continues, and looking at the attached picture, it is clear that the growth is lightning fast. Thus, today Bitcoin ended up just below its value 40,000 US dollars. Is it even necessary to recalculate how much you could enrich your investment just in the last week? More it is obvious that currently Bitcoin is like a hot cake in the cryptocurrency market. Everyone would like to tear off their piece, but no one knows where the line is. Whichever way we look at it, so far it has been an investment that - as long as you were ready to wait - has paid off somehow.

Bitcoin is growing, so it's still not too late to invest in it. Of course, its value may fall, but it may be twice as much as it is in less than a month.

Dangerously close to “explosion"

EDIT / ADDED (29.12.2020)*:

Today Bitcoin is worth moreč like 26,500 dollars, and its curve is steeply rising. How high it can go is anyone's guess, but as long as its value continues to grow, investors can only laugh.

EDIT / ADDED (18.11.2020)*:

At the beginning of August, we are in the article Cryptomania 2.0 is approaching? predicted that the value of Bitcoin may rise sharply, so it is most likely worth investing in it before its value reaches 20,000 US dollars. We were right. At $18,000, Bitcoin is still on the rise, and it may still be profitable to invest now.

Also recently, in an article on the Computer News website, we wrote that "13,600 US dollars or calculated 11,500 euro limit, which is dangerously close to the "explosion" of this most widespread cryptocurrency" – and we were right. If you had invested a few hundred euros at that time, you would have made a nice profit by now. No one knows how high bitcoin can climb, some predict even millions, but for investors this would be a once-in-a-lifetime opportunity that should not be missed.

TRY TRADING THROUGH the AvaTrade platform.

But let's see now how it all started. Today, there are practically no more A man I would never have heard of cryptocurrencies. The crypto-cold is indeedč covered the whole world, and the reason is simple: their profitability. They are the main culprits bitcoin and ether

The first one is considered to be the first decentralized digital currency in the world, which is luč day in 2009, and the second gained popularity in 2017, when its umbrella platform Ethereum became established, enabling signing smart contracts. This was supported by many large multinationals such as JP Morgan, Cisco, Deloitte, Microsoft and Intel, which gave the currency legitimacy and thus a higher price.

Bitcoin, on the other hand, has been around for even longer, and the story of its price growth has already become a veritable folk legend anyway. Since March 2010, when the price of one bitcoin was 0.003 US dollars (before that its price was practically zero), until January 2017, when the price of one bitcoin was 985 US dollars, the price grew relatively moderately, and then there was a turning point when this completely exploded. After this date, it became the price of bitcoin began to climb steeply and reached a level at the end of the year approx. 17,000 US dollars for one bitcoin

So, in 2010, what would you invest in bitcoin? 100 dollars (with this money, you would then buy approximately 3333 bitcoins), at the end of the year you would have almost 600 million dollars. 600 million! For a relatively negligible investment. But, as many experts say, it is not too late. Otherwise, such a profit with bitcoin for such a small deposit is unlikely to be greater. could be reached, but after the fall that followed the mentioned peak, the price is now back climbs steeply. In addition, there are many more on the market other digital currencies, including the mentioned ether, which proved that it has lots of potential.

Right now might be the time to invest in cryptocurrencies. 

Try trading through the AvaTrade platform - where we not only trade bitcoin, ether and other cryptocurrencies, but also gold, oil... 

EDIT / ADDED (21.1.2021)*:

How did we start?

We admit that we, too, at the Računalniške news editorial office, were somewhat moved by the events surrounding cryptocurrencies. Because they rely on you technology (blockchain), but this only raised our interest. That is why we decided to conduct an experiment. First of all, for our readers, and secondly for ourselves. We decided to register ourselves on the AvaTrade website. As far as financial investing is concerned, we are complete laymen, and we are also far away. from cryptocurrency experts. But we said to ourselves that we are doing this for the common good, and maybe we will also invest something and it will bring us some more â€œfreefree” editorial lunch. So let's see how we did it registration on the AvaTrade platform.

Step 1: Platform selection

First, of course, it was necessary choose a platform, through which we would invest our hard-earned funds in digital currencies. With bitcoins, howeverč it is no longer possible to trade at the nearest city market, but through an intermediary. After searching a bit through the existing ones, we decided on the Avatrade platform, which showed promise easy management and transparency. We chose a trading platform that also looked easy to use.

Step 2: Registration

(79 % retail investors lose money trading CFDs with this provider. Consider whether you understand how CFDs work and whether you can afford to risk losing money.)

Of course, we were able to register first on the AvaTrade platform. When registering, which is free of charge (you can register at this link), we first clicked “Register now”, then we entered our e-mail and the password we want to have and clicked on “Create My Account”.

This was followed by some of our basic data and some questions (name, surname, date of birth, home address, trading experience, trading knowledge, purpose of trading, amount of risk we are willing to accept, our financial status, phone number), similar to many other portals, and we were already inside. For now, we have registered for the purpose of the article, but we also find the idea of trying trading interesting. In any case, we would deposit the smallest possible amount, i.e. 100 euros. So far we can say that it is the registration process is easy. A basic knowledge of English is required, and the system guides you step by step anyway.

Step 3: selection of payment method

Now it was time to make another choice means of payment. It is the most familiar to usč PayPal account, but there are also other ways available, such as transfer with Visa or MasterCard credit card, bank transfer (deposit), Wire Transfer and e-Wallet. In your AvaTrade profile, you must name first transfer the desired amount of money, which you then invest within the system, as pač You want.  

Step 4: Research before trading

After reviewing how we can invest our funds, we researched further. We clicked on the first page that opened to us Nice and transparent list Many markets in which it is possible to invest. AvaTrade aims to not only enables trading with digital currencies, but also investing in oil and gold and another. But we are currently only interested in digital currencies (there are some other digital currencies available on the AvaTrade platform).

Step 5: Monitor what's happening

We have decided that we will now first observe what is happening for a few hours before possibly deciding on a smaller investment. We will mainly monitor what is happening in the cryptocurrency market, but maybe we are also tempted by something else. The interface is indeedč I like it, but there are a lot of possibilities.

User experience

If you want to join the new one yourself â€œgolden” chills, but just click off the AvaTrade platform as soon as possible to catch the crypto train. We have it behind us positive experience. At least from the user's point of view. AvaTrade aims to proved to be very simple platform, which also a layman (like us) learn to use very quick. Registration is simple, but they also impressed us overview menus, which offer a small sea of possibilities. So you can keep track detailed statistics of all currencies, shares and other markets in which it is possible to invest (graphs, interest from other users, purchase price, sale price, price change in a certain period). You can also set your own reminders, so that the system warns you when the price of your investment (or potential investment) reaches a certain level.

In the coming weeks, we will continue to inform you about what is happening in the cryptocurrency market. Follow us! In the meantime, you can try it out for yourself by registering on the AvaTrade portal.

* The record EDIT/ADDED at the beginning is kept due to the optimization of the link itself

NOTES

* AvaTrade offers both stock and cryptocurrency investing and CFD trading.

* Please note that CFDs are complex instruments, with a high level of risk, where leverage can result in rapid loss of money. 79 % retail investors lose money trading CFDs with this provider. Consider whether you understand how CFDs work and whether you can afford to risk losing money.

* Past returns are not a guarantee of future returns.

* Cryptocurrencies are volatile instruments that can fluctuate greatly in a very short time frame and are therefore not suitable for all investors. Except for CFDs, cryptocurrency trading is unregulated and therefore not controlled by any EU regulatory framework.


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