Is 2019 a good year to buy Bitcoin? The bubble has burst and prices appear to have stabilized. That gives new investors an opportunity to profit from Bitcoin. If you’re curious about cryptocurrency but feel like you’re late to the game, there’s no need to worry. Not only do you have a window of opportunity to buy Bitcoin, it’s never been easier.
Here are the top 3 reasons buying Bitcoin in 2019 can make a lot of sense.
#1 No Credit Cards Necessary
There’s no need to use credit cards to buy cryptocurrency ever again. Many cryptocurrency exchanges rely on customers using credit cards to deposit funds. Unfortunately, credit card companies aren’t keen on the practice. They’ve even begun charging the rates they would for a cash advance if you want to do so.
By far the smartest way to buy Bitcoin is using Interac e-transfer. It’s a quick, low-cost way to transfer funds directly from your bank account to a cryptocurrency exchange.
Check out Canadian cryptocurrency exchange Bitbuy for options that allow you to transfer money by e-transfer.
#2 No Fees for Withdrawing Cryptocurrency
Increasingly, cryptocurrency exchanges are saving crypto buyers money by reducing their fees and making it easier to trade with Bitcoin. At cryptocurrency exchanges, it’s common to pay a fee for withdrawing or depositing fiat funds (which can be very high with credit cards).
Cryptocurrency exchanges like Bitbuy have made it cheaper to trade in Bitcoin and other currencies by allowing you to withdraw and deposits digital currencies at no extra fee. That means you can freely move your crypto into a wallet, make purchases, or put it back onto the exchange for trade at no extra costs.
#3 Bitcoin Can Surge Again
You’ve probably heard a lot about what a tough year it’s been for Bitcoin. It’s true that 2018 wasn’t stellar for Bitcoin prices, but the cryptocurrency went through an extreme bubble at the tail end of 2017 and the fact is, it was overvalued. Some people lost out, but for the most part, they were speculative investors who were only interested in Bitcoin to make a fast buck.
Even in the investment world, you have to be smarter than following the herd. When an asset explodes like Bitcoin did at the tail end of 2017, that’s not the time to buy. Like any smart investor, you need to buy when there’s an opportunity to benefit from a price gain.
Bitcoin is a lot like gold; it doesn’t produce interest or dividends. The only profits come from buy low and selling high. Bitcoin’s low prices today are nothing but an opportunity to invest in 2019. Did you know that 2017 wasn’t even the biggest surge in price Bitcoin had ever experienced? In the month of July 2010, Bitcoin prices surged 900%. To learn more about the price history of Bitcoin, check out these awesome Bitcoin facts and see for yourself whether or not the history of Bitcoin has already been written. This asset has a lot of opportunities left. It’s only 10 years old.
There are a lot of reasons to buy Bitcoin in 2019. Don’t miss out on the next price surge – invest in Bitcoin using a cryptocurrency that can save you money thanks to lower fees and allowing you to buy Bitcoin using Interac e-transfer. It’s the smarter way to buy Bitcoin.
