How to buy Bitcoin for beginners? How to participate in buying Bitcoin at 50% off

As a veteran in the cryptocurrency circle for many years, I have experienced the joy of skyrocketing wealth, the helplessness of being stuck at a high position, the pain of being cheated by a dog dealer, and the experience of dancing with a dealer. Most people have paid enough tuition fees in being cut off again and again, and then slowly reaped profits. How can a novice choose a platform, currency, timing, and familiarize himself with the operation process when buying coins? This article introduces a 50% discount method for new entrants to buy Bitcoin. Low-cost, low-risk entry into the cryptocurrency circle.

How to choose a platform

In the early days of entering the industry, I tried several exchanges, including not only well-known leading exchanges in the industry, but also some unknown small exchanges. In the end, I chose the Keying Cola Exchange, which has an excellent reputation in the industry. The exchange has the following advantages:

(1) Good trading experience: Whether it is over-the-counter trading or currency-to-currency trading, the operation experience is very smooth. There is almost no learning threshold for novices, and they can basically use it once. There will be no deliberate delay in the deposit and withdrawal process by the exchange;

(2) Security: Since I trade frequently, most of my digital assets are stored in exchanges. Therefore, the security of the exchange is very important. Keying Cola has been running stably for many years and its wallet performance is stable, which makes me feel very reassured.

(3) Refuse to list empty coins and only list mainstream coins: Keyingkele adheres to the attitude of being responsible for users and strictly examines the coins when listing them. Any empty coins or pyramid scheme coins cannot be listed for trading. Compared with those exchanges that list coins as long as you pay money, it is full of sincerity. Only mainstream high-quality coins are listed, which gives investors who do value investment a more reassuring choice.

How to choose a currency

There are thousands of digital currencies, and the number is still increasing. They are mainly divided into the following three categories:

1. Mainstream currencies: The top 10 currencies in the CMC market capitalization are basically mainstream currencies. Generally speaking, these currencies are listed on exchanges and support USDT transactions. They also support direct over-the-counter purchases, have strong risk resistance, and high transaction liquidity. For example, the common BTC Bitcoin, ETH Ethereum, LTC Litecoin, EOS EOS, BCH Bitcoin Cash, XRP Ripple Coin, etc.

2. Popular small currencies: This type of currency often only supports exchange and purchase with BTC and ETH. If you enter the market early, you can reap some benefits. If you enter the market late, you will be harvested. This type of currency has poor trading liquidity, large fluctuations, and is easy to be manipulated by the market makers. There is a high probability that the price will fall below the issue price once it is listed on the mainstream exchange.

3. Dead currencies: There is no trading volume, no liquidity, and no users can be found to take over. No matter how many coins there are, they are just empty words and cannot be converted into cash. You don’t need to pay attention to them.

How to choose the buying time

Timing is very important for success when you enter an industry, invest in a project, or buy Bitcoin. As the saying goes, heroes are made by the times. Warren Buffett’s principle of timing is: I buy greedily when others are fearful, and I sell fearfully when others are greedy.

My conclusion is: when people are deserted, it is time to buy; when there are disagreements and quarrels, it is time to increase positions; when people are united, it is time to reduce positions; the market always regenerates in despair, moves forward in hesitation, and stops abruptly in full expectation. This is a good currency (such as now: Bitcoin).

Since the second half of 2019, first Facebook released the Libra white paper, and then the central bank considered releasing DCEP. These two pieces of good news pushed up the price of Bitcoin. Now that some time has passed since the good news, the price of the currency has begun to fall back. Many experts believe that the bottom is approaching and it is time to start hoarding coins.

In addition, the next Bitcoin halving will take place in May 2020, when the 12.5 Bitcoin block reward will be halved to 6.25 Bitcoin every 10 minutes. The first Bitcoin halving took place at the end of November 2012. It rebounded from the bottom of $2.01 to the highest point of the market cycle at more than $270.94, an increase of 13,000%. The second Bitcoin halving took place in early July 2016. It rebounded from the bottom of $164.01 to $20,074, an increase of 12,000%. Comparing the key points after the two halvings: Bitcoin halving is the key catalyst to start a new Bitcoin bull market. Next, we will introduce how novices can buy Bitcoin at low cost and low risk.

How to buy coins at 50% discount

Step 1: Open the CoinCola official website or download the CoinCola client app

CoinCola official website link: https://www.coincola.app/

CoinCola client download address: https://www.coincola.app/app/download

Step 2: Register a CoinCola platform account. You can register on the official website and app using your mobile phone number or email address. The registration process is simple.

Step 3: Complete the real-name authentication and follow the prompts to complete the authentication.

APP: My-Real Name Authentication

Website: Personal Account Name-Personal Center-Real Name Authentication

Step 4: Find the 50% discount entrance

App entrance: Click on the four-square grid on the homepage to enter the order page

Official website entrance: Click on the banner on the homepage to enter the order page

Step 5: Click Buy to confirm the order

Step 6: In the chat page, ask the other party for payment method and real-name information

Step 7: Pay the other party using the payment method they support. Be sure to click Mark Payment. Please remember to keep all operations within 15 minutes.

The above is how novices can buy coins, a low-cost, low-risk method of buying coins at 50% off. Friends who are interested can add my WeChat (jiangjwwei) to learn more.

This article is for commercial promotion only and does not represent the position of Wabi.com. Cryptocurrency is a high-risk industry. Please invest with caution. We are not responsible for any losses!