How To Invest In Bitcoin Investing in Bitcoin 2021
Want to know how to invest in Bitcoin? Zeply is here to help. We’ve created this great guide that shows you how to make a Bitcoin investment. Keep reading to see the best way to invest in Bitcoin.
Our guide shows you how simple it is to invest in Bitcoin. This means that you can sign up to Zeply and buy Bitcoin as part of your investment strategy. All of which can be done in a way that’s 100% safe and secure. So take a look below to see how to make a good Bitcoin investment.
Why is investing in Bitcoin so popular?
Bitcoin is one of the success stories of the 21st century and is considered the best cryptocurrency by many, or, at least, the most attractive. What started as a niche cryptocurrency in 2009 has quickly become a serious investment choice. As such, it’s become common for people to view saving Bitcoin to be a better option than spending Bitcoin.
Much of this is due to the fact that Bitcoin has enjoyed a rapid growth in value over its short history. It took two years for one Bitcoin to be worth $1 in 2011, but at the time of writing this guide, a Bitcoin investment in one unit of this cryptocurrency would cost you $49,515.18.
The impressive growth in this crypto has meant that there’s been an explosion in Bitcoin investing. This in turn has meant that there has been a rise in the number of websites and apps that let you invest in Bitcoin. Sadly not all of these crypto sites can be trusted.
So we have made sure that Zeply offers you a safe, reliable and easy way to make a Bitcoin investment. It’s user-friendly services like ours that will ensure that many more people make a solid start in their Bitcoin investing. Keep reading to see how you can buy your first Bitcoin.
What you need to start Bitcoin investing - Getting started with Zeply
We believe that just about anybody can make a Bitcoin investment. As long as you are of legal age in your country of residence, there should be nothing stopping you from buying and selling Bitcoin. However, just to get you started, here are the basic things you need to invest in Bitcoin at sites like Zeply.
Provide your personal information: You will normally have to provide a fair amount of personal information in order to set up an account at a site like Zeply. This is because Zeply operates a rigorous know-your-customer (KYC) policy. All of this is done to ensure your online security and to make sure that Zeply is operating by the relevant financial regulation. As such you may be required to provide your name, address, mobile number, email address and so on.
Make your payments: You will obviously have to make a payment in order to make a Bitcoin investment. Thankfully sites like Zeply give you an efficient and safe way to add money to your account. This means that you can simply make a payment to Zeply with a card brand like Visa or MasterCard. Each payment will require extra authorisation either with MasterCard SecureCode or Verified by Visa. All of which means that your money will be safe at Zeply.
How to begin investing in Bitcoin
We believe that it should be simple to make a Bitcoin investment. So here’s a quick run-through of what you need to do to buy Bitcoin at Zeply after you’ve signed up and added money to your account.
The first thing that you’ll need to do will be to check the price of Bitcoin. This price will be constantly updated on the Zeply site so that you can make an informed decision. Plus it’s a good idea to look at how the market is operating to see whether it is a good time to be investing in Bitcoin.
From here you’ll have to consider how much Bitcoin to invest in. Zeply features flexible limits on the size of your Bitcoin investment. This means that you shouldn’t feel pressured into making too-large an investment in this cryptocurrency.
Once you’ve submitted your request, you’ll find that the Bitcoin will be added to your Zeply wallet in just a matter of moments. This wallet can only ever be accessed by you and it features two-factor authentication to make sure that your Bitcoin stays in safe hands. Now you just have to sit back and watch the value of your Bitcoin investment grow.
Considering the volatility of Bitcoin
It’s important to note that Zeply won’t just let you invest in Bitcoin. This is because we want to provide you with the tools you need to make a smart investment decision. As a result, you’ll be able to start buying and selling Bitcoin and avoid making some of those common mistakes made by newcomers to crypto investing.
This means that you’ll always be able to see the current Bitcoin price at the Zeply site. Plus we’ll help you see how fiat currencies like the euro are performing so that you can make a n educated decision whenever you ask yourself “should I invest in Bitcoin?”.
It cannot be overstated how important timing is in terms of investing in Bitcoin. Like most cryptocurrencies, Bitcoin is incredibly volatile. This means that its value can rise and fall rapidly. For example, in 2011 the value of Bitcoin jumped from $11 to $32 in just three months. This is a growth rate of 3200%, and it is just one reason why so many people continue to want to know how to invest in Bitcoin. Just remember that Bitcoin’s volatility can work in the opposite direction.
Knowing when to sell Bitcoin
Zeply will always help you know when you should sell your Bitcoin investment. Not only will we keep you updated with the latest Bitcoin price, but the whole mechanics of our crypto service are designed to help you make the most of those split-second investment decisions.
Investing means that you’d aim to buy something at a low price and then sell it at a higher price later on. As such, you’d hope to buy Bitcoin in the expectation that its price rises. Over the entire course of Bitcoin’s history, the crypto has enjoyed a significant overall rise in value.
However, it’s important to note that Bitcoin has also suffered many shocks. You only have to see how the value of Bitcoin plummeted by 65% in 2018 to understand why so many people are cautious about making a Bitcoin investment.
As a result, we’ll make sure that you get all of the tools you need to adequately monitor the markets. Our Bitcoin investment service is open 24/7 so that you can always rush in to make a quick sale should you feel that the market is about to fall. Plus we’ll always be ready to help should you wish to add more Bitcoin to your investment portfolio.
Other popular ways to make money with Bitcoin
Bitcoin investing works best when it is carried out over the long-term. But this isn’t the only way that people have profited from the Bitcoin revolution. Here are two quick examples of other ways to get more from Bitcoin:
Bitcoin trading – This is where you’d concentrate on making short terms gains from the profitability of Bitcoin. Zeply allows you to trade Bitcoin for fiat currencies like euro along with more currency options in the future. Similarly, we’ll soon be rolling out a crypto trading service that allows you to trade Bitcoin against altcoins like Ethereum, Ripple and Litecoin. So get ready to buy low and sell high.
Bitcoin mining – Mining basically means that you’d be putting your computer to work in verifying other people’s Bitcoin transactions and adding them to the blockchain. While it doesn’t sound fun, many people have found that crypto mining can be a good way to earn Bitcoin. Just remember that you might need a fair amount of processing power to get any kind of returns from your Bitcoin mining.
Starting your Bitcoin investment journey with us
Zeply gives you the perfect way to make a Bitcoin investment. Not only have we revealed how to invest in Bitcoin, but you can buy Bitcoin for that long-term investment on our platform too. All of this means that you can start investing in Bitcoin in a way that’s smart, secure and easy.
We’ve made sure that you’re given everything you need to take advantage of the market fluctuations that give rise to Bitcoin’s famous volatility. While there is always risk involved in Bitcoin investments, with our help, you’ll have the tools you need to know when to buy and sell this crypto. As long as you remember that Bitcoin investments can fall as well as rise, we see no reason why you can’t enjoy investing in this famous cryptocurrency.
Bitcoin Investment FAQ
Bitcoin has become big news in little more than a decade as a result of its rapid growth in value. As such, there’s been a huge rise in the number of people seeking to make a Bitcoin investment. While many crypto trading sites can be difficult to use, we think that Zeply makes investing in Bitcoin simple and quick. Read our guide to see what you need to do to buy Bitcoin at Zeply and make a success of your investment goals.
We’d always recommend that you do some homework on any site that lets you make a Bitcoin investment. After all, you will be investing your own money at these sites, so you will want to know that your deposits and personal data are kept in safe hands. Come to Zeply and you’ll see a Bitcoin trading site that features all of the encryption required for your investments to stay secure.
You’ll probably know that cryptocurrencies like Bitcoin are famous for being very volatile. This means that by the time that you read the Bitcoin price here, the chances are that it will already be long out of date. Thankfully our Zeply site will always keep you updated with the latest Bitcoin price. This means that you’ll know exactly when you should buy and sell Bitcoin according to the market fluctuations.
There is no simple answer to this question. This is because nobody knows how the value of Bitcoin will change over the coming months. All of which means that you will have to ask the question of ‘Should I invest in Bitcoin?’ before you put your money down. Thankfully Zeply has a range of excellent guides that can help you make a smart investment. Plus you’ll be able to quickly buy and sell Bitcoin on our site.
This will ultimately depend on which crypto trading site you use. These trading sites will impose a minimum threshold for your Bitcoin investment so as to make sure that it makes financial sense. But at Zeply, we offer a form of Bitcoin trading UK customers can use in a way that suits their needs. This means that you can invest in Bitcoin from a very low amount so that you can get used to crypto trading.