How To Buy Bitcoin
You might be wondering why we are talking about how to buy Bitcoin, which is a fair question. Yes, the value of BTC has recently plummeted lower than anyone though possible, but that does not mean that it is dead in the water. Experts are saying that this bearish trend which is seeing the price of Bitcoin fall through the floor will not last forever. In fact, the price is set to start rising again any day now. However, that is not what we are here for today. We are here to talk about how to buy BTC, how you can buy it, and why you should buy it. There are many people who have been confused about how to buy Bitcoin, so we are going to help out those people as much as possible right now.
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Why Buy Bitcoin?
You might think that the Bitcoin bubble has reached its maximum diameter, has popped, and is ready to give way to something else, but this is simply not true. Yes, BTC has recently gone through a bearish trend which saw the price slashed by a huge amount. Yet, nothing lasts forever and the experts are saying that a bullish trend is well on the way. It is just a matter of time before BTC prices once again reach an all-time high. Therefore, investing in BTC right now is a great idea because the price is very low, so once it goes up, you stand to make a huge profit. However, this is not the main reason why we would recommend buying BTC at this time.
The real reason for this is because there are many other new cryptocurrencies on the rise, with many big ones set to be released in the coming days, weeks, and months. Well, many of these cryptocurrency presales and initial coin offerings only accept Bitcoin as a form of payment or investment. Yes, this means that you need to first buy Bitcoin and have some in your wallet if you want to invest in other cryptocurrencies. Sure, some do allow for other forms of payment, but the trend as of right now is that these new presales and ICOs are accepting only BTC payments for the most part. In other words, if you want to make good money with various new cryptocurrencies, you need to have BTC in your wallet in order to do so.
Buying Bitcoin – The Controversy
Like we said, many people are having trouble buying Bitcoin, not because it is hard to find, but because of all of the controversy out there. The bottom line is that there are tons of cryptocurrency and BTC scams out there. There are so many crooks with fake Bitcoin purchasing sites looking to steal your money. These crooks simply accept your payment, but then never give you any BTC in return.
There have also been several instances where people received fake Bitcoins, which is just as bad. The point here is that so many people are weary of Buying Bitcoin on the internet due to so many fraudulent software and malicious thieves looking to rip off innocent people who just want to purchase some Bitcoin. This is why we are here today, to help you find the very best way to buy BTC, all the while being safe, secure, and confident in the fact that you are getting a good deal, not getting scammed.
If you know where to go and where to look, there are actually quite a few different reputable online coin purchasing website specially for BTC. There are several reputable and legit websites that real cryptocurrency investors have been going to for the buying and selling of Bitcoin. If you are interested in buying BTC, but don’t know how, you definitely need to hear what we have to say right now. So, how do you buy BTC and where do you do it?
How To Buy Bitcoin
As far as we are concerned, there are 3 awesome places where you can buy BTC from. The best and safest platforms places are Coinbase and Binance. Each of these 2 Bitcoin purchasing and selling websites is very reputable and secure. They are all hailed for being some of the safest and most secure BTC buying sites on the internet right now.
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Simply go to the respective websites in order to buy and sell BTC. All you need to do is go to the respective websites, open up an account with them, and you are good to go. Simply connect your payment method, which can be debit card, credit card, or your bank account, and you are ready to buy and sell Bitcoin. These websites also act as their own storage wallets.
In other words, Coinbase and Binance are all online wallets which store your BTC for you. They are extremely secure, the securest in the world in fact. After you have bought your BTC, you can then transfer them to other wallets if you choose, use them to purchase other cryptocurrencies, and much more.