More things about how to buy cryptocurrency
There is no doubt to say that block-chain technology is awesome in the world. It helps people to change the way how they think about time, energy, money and even digital space. It must be sure that once you do some researches on it, you might want to know more about Bitcoin or some other cryptocurrencies such as Ripple, IOTA or Litecoin. Anyway, investing in Bitcoin is a good way to join the historic digital currency revolution. Once you finish reading this article you will know how to buy cryptocurrency.
You should ask yourself first why you really want to invest in this sector. Never think "get rich quick" because it will be the recipe for any future disaster. Ideally, you invest for unemotional reasons: you want to experiment with your small investments or just because you want to.
You should not invest what you can not afford to lose. Cryptocurrency seems to be more volatile than the stock market. The losses and gains in cryptocurrency are considered as "price corrections" and they are affected by bad or good press. There is no predictions or promises about what the best investment will be in this year. But you can start your research on CoinMarketCap or https://paybis.com/buy-ethereum-with-credit-card/. This website displays all the data about the popular coins detailedly and also scams. Fake coins exist so you should investigate any currency that you are going in for.
To buy crytocurrency, you should find a website that you can use to convert your money to online crytocurrency. They run like "wallets" or clouds to help you keep your currency. In fact the exchange you use depends on your position, type of coins you would like to buy. There are three big coins that you can find: Ethereum (ETH),Bitcoin (BTC), and Litecoin (LTC). If you are looking for the alternative coins, you need to find another exchange and also you need to pay for the fee. Most of exchanges require some verification form. It means that you need to supply personal info or scan your ID card. Normally you must wait for 1 to 5 days to get your account verification so don't expect to get your coins right after you get your account.
You can use Paypal to deposit your money to the website but most of websites ask for bank accounts or debit card and credit card to buy crypto. This may take a few days to add your money. And now you can buy crypto with your own account. The important thing is you should never store all your bitcoins because these exchanges are not strong and stable enough. Good luck!