Buy cryptocurrency in 2022

Buying cryptocurrencies in 2022 is interesting. Between the new projects that are emerging and the strong fluctuations of the market, cryptocurrencies offer a great opportunity to grow your portfolio. Alongside the most successful major cryptocurrencies, we are now witnessing the explosion of new cryptocurrencies that are just as effective. Discover in this guide how to buy a cryptocurrency in a safe way.

How to buy cryptocurrency – guide

To buy a cryptocurrency, just follow a few steps:

  1. Switch to a trusted online platform such as eToro;

  2. Open an account by registering on the platform;

  3. Deposit money to fund your account;

  4. Search for the cryptocurrency you want to buy;

  5. Place an initial buy order on the crypto.

Promising cryptocurrencies to buy in 2022 – TOP 20

It is important to choose the most promising cryptocurrencies to make a profitable investment in 2022. Here are the 20 most promising cryptocurrencies this year:

  1. Safemoon (SAFEMOON)

  2. Terra (Luna) (LUNA)

  3. Axie Infinity (AXS) (AXS)

  4. Avalanche (AVAX)

  5. Theta (THETA)

  6. Uniswap (UNI) (UNI)

  7. Iotex (IOTX)

  8. Phantom (FTM)

  9. Gala (GALA) (GALA)

  10. (FET)

  11. Solana (SOL) (SOL)

  12. Cardano (ADA) (ADA)

  13. Decentralized country (MANA)

  14. PancakeSwap (CAKE)

  15. BitTorrent (BTT) (BTT)

  16. Polygon (MATIC)

  17. Mina (MINA)

  18. Audio (AUDIO)

  19. Holo (HOT)

  20. VeChain (VET)

Where to buy cryptocurrencies?

To buy cryptocurrencies, simply go to an online broker that offers the purchase of cryptocurrencies. You can buy cryptocurrencies at:

Reliability and regularity remain important criteria in choosing a broker. This is what allows you to secure your investment. But you can also benefit from some leeway thanks to the affordable fees and commissions.

How to choose cryptocurrency to buy?

Of course, the choice of cryptocurrency to buy depends on what you intend to do with it. If your goal is to make money, it is best to bet on high performing cryptocurrencies such as Cardano (ADA) or Solana (SOL). If, on the other hand, you just want to leverage the utility of a cryptocurrency for any project, simply choose the project that interests you. For example, it can be games and Metaverse like Decentraland or Axie Infinity.

Cryptocurrencies still have high potential in 2022

Even with the arrival of promising young cryptocurrencies, it is always better to bet on safe values ​​such as:

Bitcoin (BTC) – First virtual currency

  1. Buying Bitcoin remains a good option because it

  2. Ethereum (ETH) – Blockchain leader

  3. Tether (USDT) – First stablecoin

Payment methods for buying cryptocurrencies

Payment methods for buying cryptocurrency vary from broker to broker. Here are the main modes:

  • Bank transfer: cheap money transfer;

  • Debit/credit cards: Visa and/or MasterCard bank cards;

  • PayPal: instant payment method for transactions;

  • Skrill, Neteller and UnionPay: electronic wallets that make it possible to carry out transactions on the Internet.

Buy Cryptocurrency This Year – Good Idea or Bad?

Buying cryptocurrencies is a good idea for various reasons. Cryptocurrencies have many uses, especially to facilitate your online transactions. But above all, they make it possible to make a profit by exploiting the variation in their price in the market. Buying a cryptocurrency is therefore a good idea to make a profitable investment. Nevertheless, try to respect the basics of investing in cryptocurrency in order not to lose money. Besides scams and hacks, the wrong choice of strategy can also lead to losses.

Buy cryptocurrency – what benefits?

Buying cryptocurrencies has many advantages:

  • The upward volatility of cryptocurrencies to generate profits;

  • The availability of cryptocurrencies 24 hours a day, 7 days a week;

  • The variety of projects that allow you to vary your activities;

  • The ease of transactions through cryptocurrencies and their blockchain;

  • The utility of cryptocurrencies in various fields: online payment, dApps, blockchain games, etc. ;

  • The absence of an intermediary: you place transactions in a decentralized way;

  • The opportunity to diversify your cash flow.

Buy cryptocurrency – the risks

  • High volatility of cryptocurrencies: they can experience strong movements at unpredictable times;

  • The unavailability of certain cryptocurrencies: certain cryptocurrencies are difficult to find;

  • The lack of regulation of cryptocurrencies;

  • The existence of counterfeiting: some cryptocurrencies are counterfeited.

Buy or trade cryptocurrency?

Buying or trading cryptocurrency depends on your investment goals. You can directly buy cryptocurrencies to actually hold them. When the price goes up, you can resell it to make money. The other option is cryptocurrency trading. In this case, you will speculate on the price using CFDs. To increase earnings, you can use leverage.

Tips for buying cryptocurrencies

  • Choose a reliable online broker;

  • Find out about the crypto project you want to invest in;

  • Follow market trends as well as crypto news;

  • Store tokens in a secure wallet;

  • Do not invest all your capital;

  • Choose a reliable and efficient cryptocurrency.

How to buy cryptocurrency in France?

To buy cryptocurrency in France, follow the same steps and choose the right platform. For some cryptocurrencies that are not directly available on the broker, you can first buy Bitcoin (BTC) or Ether (ETH). You will then trade them on an exchange that accepts the pairs you wish to trade.

For some cryptocurrencies that are not directly available on the broker, you can first buy Bitcoin (BTC) or Ether (ETH). You will then trade them on an exchange that accepts the pairs you wish to trade.

Which wallet to use to buy cryptocurrencies?

To store your cryptocurrencies safely, cryptocurrency wallets are available to you. There are a number of electronic wallets, but they are not always compatible with all types of cryptocurrencies. Some cryptocurrencies can be stored on MetaMask and some cannot. Thus you can keep your tokens online with brokers. The other option is to use a hardware wallet that works offline.

Buy or sell cryptocurrency?

In a cryptocurrency investment, every action you take must be well thought out. When the crypto is in a stagnant phase, it makes more sense to buy some. The price is also more affordable during this period. On the other hand, when the crypto experiences a sharp increase in its price, you can sell it to take advantage of the profit generated. To know the best times to open or close a position, you need to closely follow the development of the price of cryptocurrency and make analyzes of this course.

Buy Crypto Currency 2022 – Which Broker Should You Choose?

Buying cryptocurrencies in 2022 is a good idea considering the developments in the crypto world. The performance of cryptocurrencies gives traders and investors a great opportunity to inflate their portfolio. Especially since there are many cryptocurrencies to bet on. If you want to buy cryptocurrencies in the best way, use the eToro platform.

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