Cryptocurrencies: is it a good time to buy Bitcoin

There are presently many possibilities on the market, which is why it is critical to consider our investment plan and who we will choose as our travel companion, that is, the platform on whom we will deposit our money and trust.

With skyrocketing inflation and many questions about how the traditional economy will respond in the future, cryptocurrencies are becoming more significant than ever, and an increasing number of consumers regard this form of an asset as part of their financial portfolio.

Coinhouse is a startup that uses its platform to provide cryptocurrency administration and transaction services. Since 2015, the company has been a pioneer in the European crypto asset market, with the goal of making crypto assets accessible to everyone. It is the first French player registered as a Digital Asset Service Provider by the AMF, with over 350,000 customers globally (Financial Markets Authority). A status that ensures the platform's security and dependability.

Anyone may invest in bitcoin (and over 50 other crypto assets) through Coinhouse. The interface was created to make the investment process simple, quick, and secure.

Follow these steps to get started:

Create an account

Open an account in seconds to have access to the Coinhouse platform and its features. You only need an email address!

Verify account

It is critical that you verify your account in order to protect yourself and your digital assets. The KYC (Know Your Client) protocol is employed at Coinhouse, and you will be requested for a selfie and ID. This protocol is required to secure the platform's security, prevent it from fraud and embezzlement, and ensure that you and only you have access to your assets.

Start buying bitcoin

The fun begins once your account has been verified. Simply transfer funds via credit card or transfer, select bitcoin, and they will be deposited in your Coinhouse account in seconds.

There is no such thing as a risk-free investment, and cryptocurrencies are no exception. However, there is a solution to reduce it and boost asset profitability: training.

Coinhouse provides free crypto-related literature and training for users of all levels, from those who have not yet invested or are taking their initial steps to seasoned users seeking for ways to make the most out of their investments.

The closest thing to gambling is predicting whether bitcoin will rise or fall. Actually, if we truly believe in bitcoin as an asset, the greatest moment to invest is now.

However, investing everything you have in mind at once may not be a wise idea. Instead, it is best to use a DCA (Dollar Cost Averaging) technique that involves spreading out purchases over time.

You limit risk and lower the average purchase price this way: if bitcoin decreases in a month, you can buy more bitcoin for the same money.

Post by Bryan C.