What is the easiest way to buy bitcoin?

EDIT / ADDED (29.2.2024)*:

The value of Bitcoin has grown significantly in the last few months, and especially in February 2024. It's hard to tell where the limit is, but the curve is steep. Bitcoin is now, 02/29/2024, 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 has recently been around the low 30,000 euros. 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. A picture says more than a thousand words.

EDIT / ADDED (14.1.2022)*:

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

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

At the beginning of November, Bitcoin crossed the 60,000 US dollar mark, but by today it has fallen to around 50 thousand. These types of dips are an opportunity to invest and wait for it to rise again. Then comes the moment you've been waiting for and you earn something with it. Bitcoin has so far 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 a great investment opportunity. Right now, with moderate growth, may be one such moment. Its charm lies in the fact that we never know how high it may rise and when or how quickly it may happen. However, he has already proven several times that even when he falls, he always returns to the spotlight.

EDIT / ADDED (30.8.2021)*:

Bitcoin didn't take long to rise again from the ashes. Cryptocurrency shows no signs of slowing down, despite numerous criticisms of its environmental impact and increasingly stringent measures from regulators. China has taken a number of measures to curb cryptocurrency mining, among other things. 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 firm at almost $48,000.

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 far from saying 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 a great 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 already 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 whispers about the fact that he could invest as much as a tenth of his wealth in them.

Bitcoin has proven many times that it is not to be underestimated. For we do not know how high it can reach once it starts its march. These are the opportunities investors are waiting for, chasing the moment when the curve begins to steepen.

EDIT / ADDED (26.4.2021)*:

Recently, the value of Bitcoin has fallen again, so that its value was below 50,000 US dollars yesterday, but today the value has jumped and is currently at a good 53,000 US dollars.

EDIT / ADDED (22.3.2021)*:

At one point in the last month, Bitcoin was already worth around 60,000 US dollars, but in the last few days it has stabilized at just under 50,000 dollars. If we look at what has been happening in the last 6 months, we can see that Bitcoin knows no boundaries. 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 more than doubled since then. Given that Bitcoin is still growing, don't miss the train because there aren't many opportunities like this. But you have to be wise and chase the highest value. No one knows when it will reach it, but in a few months this year we realized how quickly everything can turn around and that Bitcoin knows no borders.

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. So today Bitcoin found itself just below the value 40,000 US dollars. Is it even necessary to recalculate how much you could improve your investment in just the last week? It is more than obvious that currently Bitcoin is like a hot bun in the cryptocurrency market. Everyone would like to tear off their piece, but no one knows where the line is. Any way we look at it, so far it's been an investment that - if you were willing 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 in less than a month it may be twice what it is today.

Dangerously close to “explosion"

EDIT / ADDED (29.12.2020)*:

Today, Bitcoin is worth more than 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 Is cryptomania 2.0 approaching? predicted that the value of Bitcoin may rise sharply, so it is most likely worth investing in it before its value reaches US$20,000. We were right. At $18,000, Bitcoin is still on the upswing, and it may still be profitable to invest now.

Even recently, in an article on the Computer News website, we wrote that it is "13,600 US dollars or the 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 then, you would have made a nice profit by now. No one knows how high bitcoin can go, with some predicting it to be worth millions, but for investors, this would be a once-in-a-lifetime opportunity not to be missed.

TRY TRADING THROUGH the AvaTrade platform.

But let's see how it all started. Today, there is practically no person who has not heard of it cryptocurrencies. Crypto fever has taken over the whole world, and the reason is simple: their profitability. They are the main culprits bitcoin and ether.

The first is considered to be the first decentralized digital currency in the world, which saw the light of day in 2009, while the second gained popularity in 2017, when its umbrella platform Ethereum became established, which allows signing smart contracts. This has been 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 a long time, and the story of its price rise 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 that date, 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 if in 2010 we invested some in bitcoin 100 dollars (with this money you would then buy about 3333 bitcoins), you would have almost in your account at the end of the year 600 million dollars. 600 million! For a relatively negligible investment. But, as many experts say, it's not too late. Such a profit will probably no longer be possible with bitcoin for such a small investment, 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 editorial office of Computer News, were somewhat moved by the developments surrounding cryptocurrencies. Because they rely on you technology (blockchain), but this only raised our interest. So 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. We are complete laymen when it comes to financial investing, but we are also far from crypto-currency experts. But we said to ourselves that we are doing this for the common good, and maybe we will invest something and it will bring us some more "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. It is not possible to trade bitcoins at the nearest city market, but through an intermediary. After browsing 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 information and some questions (name, surname, date of birth, home address, trading experience, knowledge of trading, purpose of trading, amount of risk we are willing to accept, our financial situation, telephone number), similar to on 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 our hand at trading interesting. In any case, we would invest 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 through the steps anyway.

Step 3: Choose a payment method

Now it was time to make a choice means of payment. It is the most familiar to us PayPal account, and there are other ways available such as transfer by Visa or MasterCard credit card, bank transfer (deposit), Wire Transfer and e-Wallet. You must first transfer the desired amount of money to your profile on AvaTrade, which you then invest within the system as you wish.

Step 4: Research before trading

After reviewing how we could invest our funds, we explored further. We clicked on the first page that opened to us nice and transparent list many investable markets. AvaTrade 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 to observe what is happening for a while now, 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 pleasant, and there are a lot of options.

User experience

If you want to join a new one yourself "golden" fever, but just click away to 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 has proven 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 update you on 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 is kept at the beginning due to the very optimization of the article

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 lead to 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 wildly 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.