How to Buy Cryptocurrency
If you are interested in getting into the skyrocketing market of cryptocurrency, you might be confused about how to buy cryptocurrency. In reality, it’s very simple and can be done quickly.
I started my cryptocurrency journey not too long ago, and I’ve already made a lot of money with very little investment. Now is the time to invest in some type of coin or even to buy up a few different types of coins in order to diversify your portfolio.
In this article, I’m going to discuss the Top 3 Cryptocurrencies you should get started with as well as where and how to buy them.
⇒⇒ Buy Bitcoin at Coinbase Now ⇐⇐
Bitcoin is the original cryptocurrency and is by far the most popular cryptocurrency right now. It is number 1 in the Top 10 cryptocurrencies.
Most people have at least heard of bitcoin but don’t really know too much about it. One common misconception is that you have to buy a whole bitcoin. Since 1 bitcoin is currently worth $5,728.97 (at the time of this article) that might be pretty hard for most people to do. The truth is you do not need to buy a whole bitcoin… you can simply buy a portion of it.
For instance, when I first started I bought $200 worth of bitcoin. That equated to 0.03220713 BTC. So if you just want to buy a few hundred dollars worth, you certainly can.
Below is a graph showing how much Bitcoin has increased in value from 2013 to 2017 (just 4 short years):
As you can see the growth is amazing and it just keeps going up. So I always recommend buying as much bitcoin as you can afford. Even investing only $100 a month will be extremely profitable in the near future.
But where do you buy Bitcoin? The best place to buy is at Coinbase… and if you buy $100 or more, you will automatically get $10.
With people predicting that Bitcoin will rise to over $10,000… you are almost guaranteed to make a pretty profit if you buy now.
Litecoin is also a great up and coming cryptocurrency (sometimes referred to as an ALT Coin). Currently it is valued at $54.37 per coin. I like this coin because it is expected to get to $300 – $400 in 2018 and it is very affordable. I started by buying 2 Litecoin (so just over $100 initial investment) and if it gets to $300, I will have made a $500 profit.
But since $50 per coin is not very expensive, I plan on buying about 4 coins per month. At the current price, I’m looking at a little over $200 per month spent.
As I mentioned earlier, Coinbase is the best platform to buy cryptocurrencies like Litecoin. Getting started with Litecoin is extremely affordable and once again $100’s will get you a free $10 when you sign up.
Ethereum is the third cryptocurrency that I recommend adding to your portfolio. It is currently valued at $294.62 per Ethereum.
It has taken Ethereum about 2 years to develop any steam but it shot up in 2017 and made a lot of people a lot of money. It went from about $12 to $350 in less than 6 months in early 2017.
The predictions are that Ethereum will reach $1000 in 2018.
I haven’t bought any Ethereum coins yet, but plan before the end of the year. I like diversifying my portfolio with the top cryptocurrencies because it just makes financial sense.
Buy $100 and get a Free $10
Coinbase is the place to go to buy any of these top 3 Cryptocurrencies. You can also keep daily tabs on them easily with their dashboard. This has been an extremely useful tool when I am trying to buy when the coins are low for the day.
Remember, if you use my link, you will get an extra $10 when you sign up and buy at least $100 worth. That’s a FREE $10… great deal if you ask me.