What are the things you should consider before buying your first bitcoin? Sometimes many persons are confused and indecisive too. But buying bitcoin is a wise decision, either for investment or for savings.
However, the truth is that, there are many other cryptocurrencies out there that you can purchase. Since no one is obliged to buy only bitcoin. In shot, there’s a whole world of cryptocurrency out there, including coins with specific features such as maximizing privacy that you can purchase.
There’s no ‘right’ reason to buy cryptocurrency; even if you’re simply curious about the technology underpinning it, purchasing a small amount of crypto is the best way to understand it.
One fact about cryptocurreny is that, depending on where you live and who you associate with, you’ll hear a lot about certain cryptocurrencies in particular. For example, countries such as Venezuela and Nigeria, Dash seems to be unusually popular. Many Asian countries are big on ripple (XRP) and ethereum (ETH). Other nations trade more on Bitcoin core (BTC) and Bitcoin Cash (BCH).
So, buying your first bitcoin already is not a bad idea after all.