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How to start with Crypto in 2022
If you want to know how to buy Bitcoin or buy Ethereum in 2022, this guid is for you.
Cryptocurrencies got a lot of mainstream attention in 2021, thanks to rally from the end of 2020 to Q1 of 2021 by hundreds of % — Ethereum, one of top 2 cryptocurrencies, rose from $500 in November’20 to almost $4,000 in May’21.
Is 2022 a good year to buy crypto and how to do it? Where to buy Ethereum in 2022?
Is 2022 good time to buy crypto?
The honest answer is no one knows. I’m not a financial advisor, so don’t take my words without further research (moreover, I’m invested in crypto).
But having said that, crypto market was never so mainstream. Bitcoin and Ethereum prices are now visible often in mainstream news, cryptocurrencies often trend on social media, many top companies are putting crypto on their asset lists.
It was never this easy to buy into crypto too. But is it a good time to do so though? Cryptocurrencies are still massively volatile — prices varying by 30%-50% week to week are considered normal, larger swings are also seen. So with that buying into crypto at the right time is crucial. Unless you’re up to one of two things:
- Buy and Hold — simply buy Bitcoin or…