Where to Buy Cryptocurrency – Where do I Start, What Exchange Do I Use?

2021-6-22 17:09

Where to go when making your first cryptocurrency purchase. Is now the right time to buy?

As FUD sets in for the crypto market (fear, uncertainty and doubt) new traders are asking if now is a good time to buy cryptocurrency.

Bitcoin (at the time of writing) is hovering above the support level at $30,000. This is a level we have touched four times while in this current channel for the last month or so.

We first touched this level on the 19 May, then Bitcoin came close again a few days later on the 23 May, after coming down to around $31k.

On the 8 June we touched the level again before ranging back up to around $40k.

Now, we have returned to the $30k level once more the question is: will Bitcoin bounce back up and continue to range? Or have the bears finally gathered enough momentum to smash through the support at $30k?

Time will give us the answer to this question. However as FUD has been increasing in the last few days with the news that China has officially banned crypto mining operations – causing many to cease their activities until they can relocate – many analysts are fearing that Bitcoin will enter a new bear market sooner than anticipated.

Where to buy cryptocurrency eToro

eToro is one of the world's leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It's social copy trading features make it a great choice for those getting started.

Register with eToro instantly

Safemoon Trader

Safemoon Trader is a trading software offering users a wide range of cryptocurrency coins including SAFEMOON, DOGE and Bitcoin.

Register with Safemoon Trader instantly

Should Bitcoin holders be worried?

The old adage from Warren Buffet may be worth considering in times like these: “Sell when others are greedy, buy when others are fearful”. The market may well recover over the next few weeks and continue on its previous runs.

Previous market cycles have shown us that when the cryptocurrency market has bullish cycles there has always been a correction around halfway through. Although its impossible to know if that’s what we are in right until the benefit of hindsight, there will have been a lot of traders who regretted selling their holdings in previous market corrections, only to see the market rally and reach new highs.

The post Where to Buy Cryptocurrency – Where do I Start, What Exchange Do I Use? appeared first on Coin Journal.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Global Cryptocurrency (GCC) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.0034358 (-100%)

cryptocurrency use exchange start buy journal coin

Источник: coinjournal.net

cryptocurrency use → Результатов: 126


Фото:

Cryptocurrency and Blockchain Regulations Clarified in Rocky Mountain U.S. States

In a bid to provide regulatory clarity to issuers and buyers of distributed ledger technology (DLT) based virtual currencies in the area, Wyoming, Colorado, and Montana states have taken the bold step to draft bills pertaining to the use of bitcoin and altcoins,  reports Natlawreview  on August 1, 2019 The Pro-Crypto Trio Per sources closeRead MoreRead More.

2019-8-3 01:00


Fold App Introduces Bitcoin CashBack Rewards With Amazon, Starbucks, Uber, Target and More

You may have heard of the Fold app, which is a crypto payments feature launched in February for buying Dominos pizzas using the lightning network. Well now, Fold is now providing cash-back rewards in the form of the king cryptocurrency to consumers who use the mobile app for buying goods and services through Amazon, Uber, […]

2019-7-31 22:26


Taking a Legitimate Look at the Top Cryptocurrency Applications and Use Cases

Having started humbly and silently in 2009 when the rest of the world was still reeling on the economic crisis, the crypto industry has well and truly come a long way. Bitcoin, the de facto face of this burgeoning industry, was the first decentralized crypto-asset, then rolled out by a Satoshi Nakamoto, pseudonymous developer. But […]

2019-7-29 18:57


The New Cryptocurrency Marketplace Everyone’s Talking About

A new online cryptocurrency marketplace is on its way to completely revolutionize how users buy and sell online. Welcome, AllForCrypto! Being the first-ever online marketplace that will accept cryptocurrency only, this new e-commerce platform will be fully secure, transparent and profitable for buyers and sellers, thanks to blockchain integration and use of cryptocurrencies. No more […]

2019-7-29 09:36


Gominer ICO

Gominer Token is a Peer-to-Peer token that has a sophisticated level of security for a multi-functional digital currency and for all future use expansion. The token is created to help our user to interact and expand the way of their earning in Cloud mining.

2019-7-28 17:33


Фото:

Five of the Most Important Use Cases for Cryptocurrency

Crypto assets have come a long way since Bitcoin. What started out as a P2P payment system has spawned an array of use cases that extend far beyond the original designation of cryptocurrency. While the primary function of crypto assets such as ETH and BTC is a matter of some debate, what’s indisputable is that […] The post Five of the Most Important Use Cases for Cryptocurrency appeared first on Bitcoin News.

2019-7-28 03:48


New Blockchain-Based Real Estate Business to Launch in Japan, Thanks to Sumitomo and bitFlyer

Blockchain technology is one of the most innovative solutions to come from cryptocurrency, and the traditional banking industry has begun to examine the use of this ledger as well. However, the complications involved with the real estate industry has been working to minimize their complicated paper processes by introducing this immutable ledger technology. The most […]

2019-7-25 00:56


New Crypto Anonymity-Identity Wallet to be Launched by Civic and BitGo by Q4

According to a recent press release, decentralized identity firm, Civic, and a blockchain security firm, BitGo, have announced plans to release a new wallet sometime in the last quarter of 2019. The new “Civic Wallet” will make use of Multisignature Technology from BitGo and will also support cryptocurrency as well as identity data while ensuring […]

2019-7-25 22:59


Major US banks hostile toward Bitcoin, accounts at risk of closure, cryptocurrency businesses prohibited

We went undercover to try and open accounts at four of the largest U. S. banks, telling them ahead of time that we would use the account to buy and sell Bitcoin on Coinbase. The verdict is in—personal accounts are at risk of being closed, and accounts for cryptocurrency-related businesses are outright prohibited.

2019-7-24 21:58


Фото:

Bank of America Patent Displays use of Ripple Ledger

A now publicly available patent from Bank of America (BofA) has revealed a system of real-time settlement that utilizes the Ripple ledger for inter currency transactions, July 20, 2019. Huge Breakthrough for Ripple Bank of America’s patent reveals the exclusive usage of the Ripple ledger to improve efficiency and cost-effectiveness of transactions as well asRead MoreRead More.

2019-7-21 11:51


Congressman Brad Sherman calls for a complete ban on cryptocurrency, says Bitcoin only facilitates “nefarious transactions”

Congressman Brad Sherman, a vocal critic of the crypto industry, again called for a complete ban on cryptocurrencies. Sherman said Bitcoin had no real use other than to fund illicit activities and warned about the risks cryptocurrencies pose to the political and financial stability in the U.

2019-7-20 21:44


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru