Is it the right time to buy cryptocurrency?
Or, everything about cryptocurrency is a fad and that it's a past thing.
Do you also have these questions in your mind?
Are you still exploring / researching the crypto market?
Oaky.
Your wait ends here.
I am going to answer your questions and help you buy your 1st cryptocurrency.
Is it the right time to buy cryptocurrency?
Absolutely yes.
Bitcoin is certainly out of reach but if you can invest in it when the market is down and hold it till it reaches to the high - You will make money.
But, if you can not buy bitcoin go for Ethereum and if not Ethereum then buy other cryptocurrency.
The game in the crypto market is just like the normal stock exchange, nothing much changes.
Other than the fact that it's damn volatile, if it can grow 100% in a fraction of seconds then it can fall like hell.
Do not panic.
Play safe, invest smartly.
Cryptocurrency is going to stay, there will be a time when many new markets will mature and the market will stabilize. So have patience, buy and hold your money.
Moving on.
Here are the list of top 10 cryptocurrencies;
Based on the ranking shared by coinmarketcap.com
Where to buy cryptocurrency?
I have 2 recommendations for you.
- Binance (For global investors)
- CoinSwitch (For Indian Investor)
If you are from India and are looking for a wide range of choices to buy, use Binance.
How to add money in cryptocurrency exchange?
You have 2 options;
- Direct deposit through bank account.
- Using UPI.
KYC is a must.
Yes, you need to do KYC and the information required will be;
- Full Name.
- Pan card.
- Aadhaar Card.
- Bank Account Details.
Remember, it's your money, your choice.
As with any investment scenario, the crypto market stands the same. It's volatile, look at your investment goals, availability of finances, and fund requirements.
Use it safely.
All the very best.
0 Comments