COINBASE - Bitcoin Crashing! Best time to buy - SAFEST & CHEAPEST WAY

in #bitcoin7 years ago

Coinbase is the most important and recognized exchange house in the world to exchange euros or dollars for bitcoins.

Thanks to this virtual wallet you can make exchanges between bitcoins and the currencies of 32 countries. Transactions can be stored in 190 countries.

Coinbase allows the profits in bitcoins to be exchanged to a currency of greater recognition such as the euro or the dollar. All this depending on the interests and mode of operation of the clients.

The exchange of this type of currency to others such as those mentioned, are usually generated to avoid the decline of bitcoin, although it is noteworthy that like any currency, this is part of the regular process. Also the ease with which it deals with other currencies, are reasons for its use.

Here I leave you the link to have access to the page:
https://www.coinbase.com/join/591b7533124da00c6c3dba7e

HOW TO BUY BITCOINS IN COINBASE

To buy bitcoins for the first time, you go to configuration and in payment methods you enter the bank account or card with which to pay.

Then go to the option to buy / sell, indicate how many dollars, euros or other currency will be spent to buy bitcoins, select the payment method (which has already been registered) and choose to deposit the bitcoins in the Bitcoin Wallet.

WHY BUYING BITCOIN NOW

The Crypt-Coin market is experiencing the biggest wave of sales since July 15, after bitcoin's price surpassed the $ 5,000 mark, the price many analysts set for the end of the year. After exceeding this milestone last September 2, recording a new historical record at $ 5,013, according to the Bitcoin Price Index of Coinbase, sales seized the 'gold 2.0', which has tumbled 14% in two days.

The recent low of the queen of digital coins has been in the vicinity of $ 4,300, rising slightly to $ 4,400 hours later. The downgrade in the price of bitcoin has met predictions from analysts such as Sheba Jafari, a technical analyst at Goldman Sachs, who warned in a recent note for customers that "to exceed $ 4,827, there will be a pronounced correction to prices below of the $ 3,000. "

Bitcoin Price Slips Below $4,400
The bitcoin price weathered the storm better most cryptocurrencies, but it still took a 5% hit. This intensified the sell-off that began when the bitcoin price touched $5,000 on September 2. Since that point, the bitcoin price has plunged nearly $700. At present, the bitcoin price is $4,344, which translates into a $71.9 billion market cap.

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