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Why September is a Good Time to Buy Bitcoin

Investing in Bitcoin can be an exciting experience for those who want to enter the cryptocurrency market. Given the recent rise in prices, cryptocurrency is a great option for traders and investors looking to make money in the short term. However, it is important to choose the right asset at the right time to maximize your investment potential. The cryptocurrency market is currently moving sideways, making it the perfect time to trade and make profits in the short term. This article will look at some of the reasons why bitcoin is a great option for investors and kde výhodně koupit bitcoin.

September is a good month to buy bitcoin

Historically, September has been a great month to buy bitcoin because investors usually lock in their gains for the year. However, September is also a time for individual investors to liquidate assets to cover school expenses. Although the price of Bitcoin has fallen during the month, it generally recovers quickly in October. In fact, October has only seen a negative return four times since 2009.

Bitcoin has only had positive Septembers twice in the past nine years, and both times, it was a small gain. The other nine years, however, have seen major losses. In fact, the average fall in September is almost six percent. This suggests that investors may have been hoping to take advantage of a lower price. After all, it has halved in price twice already this year, so they’re probably hoping to cash in on the low price in September.

Bybit is an easy way to buy bitcoin

If you’re interested in buying bitcoin, Bybit is a new platform that lets you buy and sell crypto with a bank account. The system automatically deducts funds from your US Dollar account balance and locks in the asset’s price instantly. Bybit’s platform evaluates the order books of leading cryptocurrency exchanges and finds the best price for you. Then it settles your digital asset into your personal wallet, so you can maintain custody of it.

Bybit offers two options for users: a plastic crypto card with a daily spending limit of $3,000, and a metal card with a $5,000 limit. Both options have no fees, but there are a few limitations. For example, you will be required to pay a $5 monthly fee, which can be covered by your first transaction. You’ll also have to meet the minimum spending requirements. If you spend more than $750 on non-cash transactions, the $5 monthly fee will be waived.