bitcoin investment

Making the correct choice for investments is never an easy task. Choosing to make a Bitcoin investment might be the better option to keep on track with the changing of technology and the future.

To invest in Bitcoin is not difficult, what is important is to understand the entire procedure.  Nobody can expect that a first-time investor in Bitcoin can know it all from start. Investing in Bitcoin is a process of learning and building up your knowledge. Investing happens without any problems, (your Exchange that you have chosen will always be willing to assist you in questions and guidance). Your knowledge and expertise come with experience!

When you are ready to start your Bitcoin investment there are a few key factors that you need to consider.

How do I create a bitcoin investment?

The most important thing is that you can do this yourself. Be careful some sort of Ponzi where you invest, sit back and someone knocks on your door a few months later with a pile of cash. It does not work like that.

Anyone can start investing in Bitcoin but, most exchanges have a set age restriction due to KYC regulations. This, however, does not mean that a person is limited to a certain age to be able to invest in Bitcoin. A Bitcoin investor has no restrictions. You can invest without any obstacles in your way.  You will only need a secure wallet to store your Bitcoins in!

What do you need to make a Bitcoin investment?

  1. Firstly, you must find an exchange where you can buy Bitcoins. Your account will have to be verified and the exchange will ask for the relevant documentation. (Please submit the relevant documents timely so that we can process them for you asap)
  2. You need a secure wallet. With so many to choose from it is not an easy task. Firstly ensure you do your homework. Search online but be aware that there are many options available.  Be very careful about choosing the right one. Many of these so-called wallets turn out to be scams and fraud. Your number one priority with any investment is to keep it safe. The same goes for your bitcoin investment.

We, at iCE3X count to Ledger Nano S hardware wallet, and we do even have a monthly giveaway. Follow us on Twitter.

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In addition, remember that you are responsible for the security of your Bitcoins and that’s why you should keep it in a wallet that you have full control over. When first starting, it may sound very technical, but it is very easy to understand and learn. As explained earlier the Exchange you have chosen will walk you through the importance how to ensure that you understand how to secure the safety of your wallet.

Why should you invest in Bitcoin?

There are many reasons why a person decides to invest in Bitcoin.  Each person reacts with what he considers the best way to make a profit. You will only invest in cryptocurrency for one specific reason and that is to make money!

Because of the volatility of Bitcoin, it is difficult to say whether you should invest or not. At the same time looking at Bitcoin’s history it is easy to see bitcoin is the investment of the future.

Like gold, it will be difficult to find more bitcoin. It will also become more expensive as time passes. There were only 21 million Bitcoins ever. In April 2018 the 17 millionth Bitcoin was mined. This means there are only 4 million left to mine. Analysts estimate it will take another 120 years to mine.

A Bitcoin investor Ansel Lindaner said:

It’s an event that makes the market more aware of the scarcity of bitcoin. It will eventually turn into higher prices

It is also a plus point to remember that the Government or bank has no ruling over Bitcoin; Bitcoin comes with almost no fees and in addition, the same applies to EFT payments. Bitcoin can be sent to anyone, anywhere in the world. On top of that, Bitcoin is also known as one of the most secure options for online payments.

Where can you invest in Bitcoin?

When you come to the question “WHERE CAN I INVEST” you have done your homework and you are ready for the investment experience of a lifetime! You can buy, trade or sell Bitcoin on iceCUBED platform, which has been a trusted cryptocurrency exchange since 2013. The first step from here is to get started while the price is down. This is absolutely the right time to start your venture!

When is the best time to invest in Bitcoin?

An old Chinese proverb could be very appropriate to use in this case:

The best time to plant a tree was 20 years ago. The second best time is now.

In conclusion, you will find in the long run as you increase your knowledge regarding the purchasing of  Bitcoin, safety measures, different methods etc. your confidence will increase and soon you can also become a fundi…..

It seems bitcoin investment fever is at a low. Bitcoin is showing some signs of a possible recovery. If the markets produce a positive stream of news during the next few weeks, we can conclude that a bull run is imminent.

We would love to hear from you so feel free to comment below.


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Disclaimer Notice:

This article is intended to educate and should in no way be seen as investment advice or an enticement to use the platform. Bitcoin is highly volatile with big profit opportunities but you should also remember that you could lose part or all of your investment whenever you take part in any high risk investment. Bitcoin trading is not a regulated industry in South Africa, which in itself carries additional risks. IF YOU ARE NOT AN ASTUTE BITCOIN TRADER, SEEK INDEPENDENT FINANCIAL ADVICE BEFORE MAKING ANY INVESTMENTS.