Buy cryptocurrency in 2022

Buying cryptocurrencies in 2022 is interesting. Between the new projects that are emerging and the sharp swings in the market, cryptocurrencies offer a great opportunity to grow your portfolio. Alongside the most successful major cryptocurrencies, we are now seeing the explosion of equally efficient new cryptocurrencies. Find out in this guide how to buy a cryptocurrency safely.

How to Buy Cryptocurrency – Tutorial

To buy a cryptocurrency, just follow a few steps:

  1. Switch to a reliable online platform like eToro;

  2. Open an account by registering on the platform;

  3. Deposit money to fund your account;

  4. Search for the cryptocurrency you wish to purchase;

  5. Place an initial buy order on cryptocurrency.

Promising Cryptocurrencies to Buy in 2022 – TOP 20

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

  1. Safemoon (SAFEMOON)

  2. Earth (Moon) (MOON)

  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. Decentralizing (MANA)

  14. Pancake Swap (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 on:

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

How to choose the cryptocurrency to buy?

The choice of the cryptocurrency to buy obviously depends on what you intend to do with it. If your goal is to make a profit, it is best to bet on high-performance cryptocurrencies such as Cardano (ADA) or Solana (SOL). If, on the other hand, you simply want to take advantage of the usefulness of a cryptocurrency for any project, you simply have to choose the project that interests you. These can be, for example, games and Metaverse such as Decentraland or Axie Infinity.

Cryptocurrencies still with high potential in 2022

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

Bitcoin (BTC) – First virtual currency

  1. Buying Bitcoin remains a great option because

  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: low cost bank transfer;

  • Debit / credit card: Visa and / or MasterCard credit card;

  • PayPal: instant payment method for transactions;

  • Skrill, Neteller and UnionPay: electronic wallets that allow you to make transactions on the Internet.

Buy cryptocurrency this year: good or bad idea?

Buying cryptocurrencies is a good idea for several reasons. Cryptocurrencies have many uses, especially to facilitate your online transactions. But above all, they allow you to make profits by exploiting the variation of their price on the market. Buying a cryptocurrency is therefore a good idea to make a profitable investment. However, try to stick to the fundamentals of investing in cryptocurrency in order not to lose money. In addition to scams and hacks, the wrong choice of strategy can also lead to losses.

Buy cryptocurrency: what are the advantages?

Buying cryptocurrencies has many advantages:

  • The upward volatility of cryptocurrencies to make profits;

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

  • The diversity of projects that allows you to vary your activities;

  • The ease of transactions through cryptocurrencies and their blockchain;

  • The usefulness of cryptocurrencies in different areas: online payments, dApps, blockchain games etc. ;

  • The absence of an intermediary: transactions are carried out in a decentralized manner;

  • The opportunity to diversify cash flow.

Buy cryptocurrency: the risks

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

  • The inaccessibility of some cryptocurrencies: some cryptocurrencies are difficult to find;

  • Lack of regulation of cryptocurrencies;

  • The existence of counterfeiting: some cryptocurrencies are counterfeit.

Buying or trading cryptocurrency?

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

Tips for buying cryptocurrencies

  • Choose a reliable online broker;

  • Find out the cryptographic project you want to invest in;

  • Follow market trends and cryptocurrency news;

  • Store tokens in a secure wallet;

  • Don’t invest all your capital;

  • Choose a reliable and efficient cryptocurrency.

How to buy cryptocurrency in France?

To buy cryptocurrency in France, you have to follow the same steps, choosing 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 securely, cryptocurrency wallets are available. There are a variety of e-wallets but they are not always compatible with all types of cryptocurrencies. Some cryptocurrencies can be stored on MetaMask and others not. Therefore, you can keep your tokens online on brokers. The other option is to use a hardware wallet that works offline.

Buying or selling cryptocurrency?

In a cryptocurrency investment, every action you take must be thought through. When crypto is stagnating, it makes more sense to buy some. The price is also cheaper during this time. On the other hand, when the cryptocurrency undergoes 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, it is necessary to closely follow the evolution of the price of the cryptocurrency and do some analysis of this course.

Buy Crypto Currency 2022 – Which Broker to Choose?

Buying cryptocurrencies in 2022 is a great idea given the evolution of the crypto world. The performance of cryptocurrencies offers a great opportunity for traders and investors to inflate their portfolios. Especially since there are a lot of cryptocurrencies to bet on. If you want to buy cryptocurrencies in the best way, use the eToro platform.

Leave a Comment