Go to the list of all blogs
Sergey Savastiouk's Avatar
published in Blogs
Jan 10, 2022

How to Start Investing in Bitcoin


Bitcoin is beginning to enter the popular consciousness in a big way – financial publications, traditional news sites, discussion boards, and others are giving increasing coverage to the latest in cryptocurrency. With so many terms and varieties flying around, it is difficult to know how to start investing. Lucky for you, we’ve created an easy-to-use guide for investing in bitcoin!

Buy Some Bitcoin

There are a surprising number of cryptocurrencies in existence, with more being popping up all the time. A beginning investor interested in purchasing two of the most recognizable cryptocurrencies – Bitcoin (BTC) or Ethereum (ETH) – might consider opening an account on Coinbase or Coinhouse. These are two of the most prominent, secure services to buy coins, and will allow customers to purchase with euros or US dollars.

Coinbase requires ID verification to create an account, which can take a few days or even weeks, but it allows users to instantly buy coins in limited amounts (around €750), with a four percent transaction fee. They offer insurance protection for digital currency stored on their servers (though they store the vast majority of currency offline), and have a recurring buy feature for scheduling purchases. Customers can purchase larger amounts via wire transfer, but coin delivery takes upwards of one week.

Coinhouse lets customers instantly purchase larger amounts, via credit card – useful in a climate of ever-rising prices. Their transaction fee, however, is six to ten percent, depending upon volume and payment method. They require multiple ID checks and limit customers to between €200 to €5000 in purchases per day upon initial verification “depending on the type and quality of the documents provided”. 

Additional services exist to securely purchase coins with a credit card – Kraken, Gemini, Bitstamp, and CoinMama are some of the most popular options.

Buy Additional Coin Varieties

Bitcoin and Ethereum are the most popular cryptocurrencies, but some investors crave higher stakes. Coin exchanges like Bittrex and Binance offer places to trade bitcoin and ether, though some people have found Bittrex to be unreliable (in fairness, the instance linked to here was ultimately resolved). Both exchanges work similarly – deposit coins in your account, and exchange this amount against other promising coins, like Dash, Litecoin, Ubiq, and more (Bittrex supports over 190 different cryptocurrencies). Each service emphasizes confidentiality and proper compliance, as well as strong security measures for traders.

Track your Investments

Blockfolio is a useful app for keeping track of your crypto portfolio. It offers several handy tools in one platform – the ability to track coins across several markets, alerts on different markets, and the option to create personalized alerts (for example, notifying users if rates go down so they can purchase more of a particular coin). Blockfolio’s news reader keeps traders informed, with up-to-date information from multiple popular crypto news sources, and their charts and market details give plenty of detailed information in a single place.

Store Your Coins

Storing coins on websites is not recommended – sites are susceptible to hackers and other external factors, and despite most touting extensive security measures, it is not necessarily worth the risk. Digital wallets are more secure, with paper wallets being the best-protected storage method. MyEtherWallet and BitcoinPaperWallet offer tools to create your own wallets, but do not lose your password under any circumstances – you will not be able to recover your wallet without it! You can store encrypted files on computers and hard drives (an offline computer is best, for maximum security), and it is useful to write pertinent information down on a piece of paper to store in multiple places as well. Be advised that some less-popular coins do not have proper wallet storage and will require transfer fees to trade – in these instances, it may be worth the risk to store on an exchange like Bittrex or Binance.

Know What to Buy

Multiple resources exist to help you avoid rookie investing mistakes. CoinMarketCap is useful for tracking market cap, which is a better indicator of a coin’s trajectory than price – the larger a coin’s market cap relative to similar coins, the greater the likelihood that its price will go down. YouTube channels like DataDash, CryptoBobby, Coinmastery, and IvanOnTech update experienced traders and neophytes alike, while Twitter accounts from major traders and crypto gurus like Ian Balina and John McAfee (plus news aggregator sites, like CoinMonsta) also keep investors informed. It is exceedingly important to learn as much as possible about various cryptocurrencies before investing, and equally important to stay up-to-date – markets can be volatile, and having the most information possible allows investors to insulate themselves from risk as much as possible.

Tickeron has also developed a Pattern Search Engine that can help technical traders track pattern formations for various cryptocurrencies. The search engine is powered by Artificial Intelligence, and not only scans charts for patterns and trends but also provides investors with trade ideas and target prices based on hard data and statistics.

Master your trading skills without risking real money. Tickeron offers unlimited free paper trades to test your trade ideas and test Tickeron tools in action!

Related Ticker: BTC.X

BTC.X in upward trend: price rose above 50-day moving average on July 15, 2024

BTC.X moved above its 50-day moving average on July 15, 2024 date and that indicates a change from a downward trend to an upward trend. In of 41 similar past instances, the stock price increased further within the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where BTC.X's RSI Indicator exited the oversold zone, of 29 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on July 14, 2024. You may want to consider a long position or call options on BTC.X as a result. In of 140 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for BTC.X just turned positive on July 12, 2024. Looking at past instances where BTC.X's MACD turned positive, the stock continued to rise in of 59 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BTC.X advanced for three days, in of 427 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

The 10-day moving average for BTC.X crossed bearishly below the 50-day moving average on June 20, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 18 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where BTC.X declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

BTC.X broke above its upper Bollinger Band on July 15, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

The Aroon Indicator for BTC.X entered a downward trend on July 12, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

Fear & Greed

Tickeron has a positive outlook on this ticker and predicts a further increase by more than 14.00% within the next month with a likelihood of 53%.

Market Cap

The average market capitalization across the group is 1.28T. The market cap for tickers in the group ranges from 1.28T to 1.28T. BTC.X holds the highest valuation in this group at 1.28T. The lowest valued company is BTC.X at 1.28T.

High and low price notable news

The average weekly price growth across all stocks in the group was 14%. For the same group, the average monthly price growth was -2%, and the average quarterly price growth was 52%. BTC.X experienced the highest price growth at 14%, while BTC.X experienced the biggest fall at 14%.


The average weekly volume growth across all stocks in the group was -4%. For the same stocks of the group, the average monthly volume growth was 170% and the average quarterly volume growth was 83%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating:
P/E Growth Rating:
Price Growth Rating:
SMR Rating:
Profit Risk Rating:
Seasonality Score: (-100 ... +100)
View a ticker or compare two or three
Daily Signal changed days ago
Gain/Loss if shorted
Show more...
Ad is loading...
published price charts
Ad is loading...
Discover the dynamic world of cryptocurrency trading with Tickeron's AI analysis. Capitalize on bullish and bearish patterns in Origin Protocol (OGN.X), with gains up to 27.80%. Stay ahead with Tickeron's real-time insights and make informed trading decisions. #CryptoTrading #AIAnalysis #OriginProtocol #InvestSmart
Dive into the world of trading excellence with our Best AI Robot of the week! In a market characterized by growth, the key to maximizing profits lies not only in mainstream large-cap stocks but also in exploring opportunities across different market segments.
This article delves into the performance of AI trading robots, specifically those utilizing the "Swing trader: Long-Short Equity Strategy (TA&FA)." These bots showcased their prowess by delivering a notable +4.98% gain while engaging in MRNA trades over the previous week. Beyond mere statistics, we explore the technical indicators and recent earnings report of MRNA to shed light on the underlying dynamics influencing the stock.
Artificial intelligence (AI) trading bots have become powerful tools for investors seeking active trading opportunities. In a recent analysis conducted on the "Day Trader: High Volatility Stocks for Active Trading (TA&FA)" platform, AI trading bots exhibited impressive performance, generating a noteworthy +4.81% gain while actively trading Shopify (SHOP) over the course of the previous week.
In the dynamic world of finance, strategic asset acquisition is a game-changer. Recently, a group of stocks within this domain has been in the spotlight, showcasing notable performances and intriguing patterns. This article delves into the recent movements of these stocks, focusing on key indicators, market capitalization, notable price events, and volume dynamics.
The Tickeron quant team is delighted to introduce our best robot of the week tailored for Trend Traders. Our sophisticated AI Robot, has been designed for manual trading enthusiasts who value independent signal selection.
Tickeron's Quant team is delighted to introduce our latest AI-powered robot designed for trading small-cap stocks, employing a distinctive fundamental stock analysis algorithm. This algorithm, renowned for its blend of in-depth analysis and intuitive signal-following capabilities, is well-suited for both novice and seasoned traders.
The Tickeron quant team proudly presents our top-performing AI robot for swing traders. This robot stands out with its remarkable accuracy, empowering traders to capitalize on diverse market conditions and transaction types. Demonstrating its proficiency, it achieved profitability in short trades during last week's strong uptrend in the US stock markets.
One such example is the "Trend Trader: Popular Stocks (TA&FA)" platform, where AI trading robots demonstrated their prowess by generating a notable gain while actively trading Adobe Inc. (ADBE) over the previous week. In this article, we delve into a technical analysis of ADBE's recent performance, shedding light on key indicators and recent earnings results.
​​​​​​​The railroads sector, encompassing prominent players such as Canadian Pacific Railway (CP), CSX Corporation (CSX), Norfolk Southern Corporation (NSC), Canadian National Railway Company (CNI), and Union Pacific Corporation (UNP), has undergone a noteworthy surge in performance over the past week. However, a closer examination reveals a complex landscape marked by negative outlook signals and fluctuating market dynamics.
The Tickeron quant team is excited to introduce our premier AI robot, specifically optimized for Swing Traders. This tool represents the pinnacle of our technological advancements in trading algorithms. Excelling in the market, it has achieved an impressive feat, earning twice as much as the S&P 500 in just the past week.
In the whirlwind of the current mergers and acquisitions frenzy, investors are reaping substantial rewards as stocks within the merger industry theme surged by an impressive 20.9% on average over the past month.
The Tickeron quant team is delighted to introduce our top-performing AI robot tailored for beginners. Our AI Robot specializes in navigating the high-tech stocks within the NASDAQ 100 index, renowned for their liquidity and moderate volatility—making them an ideal choice for novice traders.
In the dynamic landscape of the US stock markets, where unpredictability has become the norm, finding a trading strategy that not only thrives in periods of growth but also shields against sharp corrections is paramount.
The Tickeron quant team proudly introduces our premier AI Robot, tailor-made for trend traders who prefer manual trading and selecting their own signals. This AI Robot stands out with its impressive track record of consistent trading predictions, empowering traders to align their decisions with personal preferences.
Tickeron is excited to highlight the exceptional performance of our top AI robot this week, given the recent downturn in major US stock indices. While the SP500, NASDAQ 100, and Dow Jones Industrial all experienced declines, our AI robot, thanks to its well-calibrated diversification across various industries, demonstrated remarkable resilience.
As the trading week came to a close on Friday, there were notable movements across various asset classes:
Tickeron's quant team diligently monitors developed trading algorithms daily to determine the most effective ones. Today, we are delighted to present three of the best robots tailored for swing traders, showcasing consistently positive results over several months, irrespective of market conditions. This week, they underscored their efficacy by yielding impressive gains across various stocks, even as major US stock indexes dipped.
Tickeron is excited to highlight the exceptional performance of our top AI robot this week. The US stock market has experienced a consistent upward trend for the past five months, heightening the anticipation of a forthcoming correction with each passing day.
Introducing our top-performing best AI Robot of the week, designed by Tickeron's expert quant team for trading small-cap stocks. This algorithm blends classical and proprietary technical indicators, honed through advanced machine learning, to empower users with effective portfolio diversification and maximum profitability in the dynamic market.