People are coming towards crypto like never before in 2022 – all due to the recent rise of NFTs, and the newly gained worldwide exposure of cryptocurrency. That said, some of your might be wondering is Bitcoin a good investment in 2022? Well, in this article we are going to cover everything there is to know about investing in Bitcoin from a beginner’s perspective!
Before you start investing in Bitcoin, it is good to cover the basics, the origins, and the risks. Here are the 7 things you should know about before investing in Bitcoin.
1. The Unknown Origins
Bitcoin gained popularity around 2008, but to this date, no one knows the origins of bitcoin. There are many other (thousands actually) of cryptocurrencies, and we know about the owners and designers of each currency. But no one knows who is the exact person to create bitcoin – but there are some very interesting theories about that.
2. Decentralized
Bitcoin – like all other cryptocurrencies – is a decentralized currency. That means that it does not come under any government, or institution – and is not attached to any country. Rather it is an independent currency, which is volatile and exists on blockchain – the system that makes bitcoin possible.
3. Real Money – No Name
The good thing about Bitcoin is that you don’t even have to show your name in order to make a transaction. Yet, it is a form of money that is very real and usable.
4. Timing Matters
Now, the first three tips were for the absolute beginners to give them a heads-up. For those who know a bit about Bitcoin – in 2022, timing matters more than anything. The Bitcoin market is fluctuating more than ever – making it both a risky and the perfect time to invest.
5. Buying is Easy
Investing in Bitcoin is actually very easy, and you can start from as low as $15. Although that wouldn’t make a difference, still. In order to start buying, you need a bank account with some money in it, and a credit or debit card. Then you need to get yourself signed up for a crypto platform like Binance, which is extremely easy to use for beginners.
6. There are Other Options
Now, before you start investing in Bitcoin thinking that it is the only good investment right now, let me explain to you that there are other cryptocurrencies that prove to be an even better investment than bitcoin. All you need to do is go to your Binance account and see the market trends for all the currencies currently available.
7. Your Keys Must be Safe
In cryptocurrency, there are a lot of people who have lost millions recently because their keys were either lost or not protected. We would recommend getting yourself a hardware crypto wallet to make sure everything is as protected as possible.
Is Bitcoin a Good Investment 2022?
Now, to sum things up – Yes, bitcoin is a very good investment in 2022, because marketing is becoming more uncertain and is fluctuating. In normal circumstances, it would not be perfect, but for bitcoin statistical evidence shows us that it is eventually going to go up.
How to Invest in Bitcoin and Make Money?
If you are wondering how to invest in bitcoin and make money online well, all you need is some amount of money – a Binance app, and you can buy bitcoin right from there. The app will guide you itself.
Towards the investing in Bitcoin and making money part – the key is the invest small amounts right when the market goes down. And set a matrix to not sell your bitcoin automatically if the market is going down.
Conclusion
At the end of the day, make sure you are protecting yourself against any and all sorts of scammers. Do not open emails that ask you about your information, and make sure your crypto community is safe with your presence in it.
