It has been nearly fifteen years since Bitcoin, the first cryptocurrency, was introduced.
Since then, this form of financial technology has become ubiquitous. It seems like there’s hardly a place you can turn to without hearing or reading about it.
While early adopters led the way, cryptocurrency is no longer a novel concept. Most people do want to explore this technology, but to the average person, cryptocurrencies appear to present some barriers to entry.
Concerns like the complexity involved or Bitcoin price hold many back from investing and trading.
There is good news though: there are Cryptocurrency Exchange platforms out there, like Bybit that make it simple and affordable for almost anyone to start trading or even buying into Bitcoin.
You don’t need hundreds of thousands of Rands to invest in Cryptocurrency
There are many cryptocurrencies in the market, like Ethereum, Solana, Doge Coin etc.
Like any assets in stock trading, their values fluctuate, and the price of each currency varies. For example, Bitcoin price can be seen as very high.
This figure can be intimidating to potential investors, creating the perception that crypto investing is only for the wealthy and technically adept.
However, cryptocurrencies like Bitcoin can be owned by many people, which is called decentralised ownership, and not by a single entity or person.
A single Bitcoin can be divided into 100 million units and a trader can invest in owning a piece of Bitcoin starting from just R1.
There’s nothing cryptic about trading in crypto too
If you’re new to crypto, all the information out there can be pretty daunting, especially the sheer volume of information available.
Fortunately, Cryptocurrency Exchanges are digital platforms designed to simplify buying, selling, and trading digital currencies.
Platforms like Bybit provide educational resources to help you get started and even reward you for learning.
Their Bybit Learn portal makes the educational process engaging and accessible. Learn portal makes the educational process engaging and accessible.
You don’t need to be a ‘Crypto Bro’ to start investing in the currency of the future
Beginning anything new involves an element of fear, whether it’s a new job, moving to a new home, or investing.
Risk is an inherent part of life and the cornerstone of human advancement. All gain comes with some degree of risk. If you want to start building your investment in a growing asset class, don’t let perceived obstacles like Bitcoin price, pessimistic predictions, or thoughts of technological complexity stop you.
You can start small and learn as you go. Adopting new technology isn’t exclusive to the wealthy or technically skilled—consider the internet, smartphones, and modern medicine.
Eventually, we all adapt.
However, it’s always better to start early. The advantage of cryptocurrency investing holds the potential for both short-term gains and long-term growth, and platforms like Bybit are designed to help you get your foot in the door and continue to grow as a serious investor too.
