Investing in BitcoinInvesting in Bitcoin

Interested in Bitcoin and want to invest? We're happy to help you get started. Investing in Bitcoin might sound complicated, but it doesn't have to be. You don't need any technical knowledge, and you can start today.

• Create a free account with BTC Direct. Enter your details and complete verification in just a few minutes.
• Place your first order from 30 euros. Starting small is fine: you learn the most by making a purchase yourself.
• Choose where you want to receive your Bitcoin. Enter the receiving address of your own wallet. At BTC Direct we don't hold any coins for you: after your purchase, your Bitcoin goes straight to your own wallet.

It can be that simple.

Don't have your own wallet yet? Then read our Bitcoin wallet page.

Bitcoin is often called digital gold. Like gold, Bitcoin is divisible, portable, durable, verifiable and scarce.

But Bitcoin adds something to that: it's fully digital. You can store it yourself in your own wallet and send it worldwide over an open network, without a bank or other central party in between.

There will never be more than 21 million Bitcoin. That limit is fixed in the code and can be checked by anyone.

The network itself is open too: anyone can verify whether transactions follow the rules. That's why Bitcoin is also seen as the invention of verifiable digital scarcity.

For investors, it's precisely that combination that makes Bitcoin interesting: scarcity, verifiability, having control over your own holdings, and the ability to move value digitally anywhere in the world.

Besides individuals, companies and countries are also looking at Bitcoin as a possible form of digital store of value. That says nothing about the future price, but it does show that Bitcoin has become a serious part of the conversation about money and value.

Which approach suits you best depends on your goal, experience and risk appetite. Two common approaches are periodic investing with DCA and active trading.

Long term: Dollar Cost Averaging (DCA)

With DCA you buy a fixed amount at regular intervals, for example 50 euros a month. You don't have to time the market precisely, because you spread your entry points over a longer period. That way a single bad entry point has less impact.

DCA suits people who believe in Bitcoin for the long term and don't want to keep track of price movements all the time. It does require patience: sometimes it takes years before you see results.

Read more about DCA

Short term: trading

With trading you try to buy Bitcoin when the price is low and sell when the price is high. That sounds simple, but usually isn't. Trading requires experience, discipline and time to follow the market.

Emotions play a big role too. When the price falls, selling can feel logical, while that moment could just as easily be a buying opportunity. For most people, DCA is therefore a wiser starting point than trading.

Three practical tips before you place your first order:

• Do your own research. Understand what you're investing in. Read how Bitcoin works, what the halving means, and which factors can affect the price. Our knowledge base has articles to help you with that.
• Only invest money you can afford to lose. The Bitcoin price can move sharply, both up and down. Make sure you keep enough money aside for your fixed expenses.
• Use a separate wallet for larger amounts. Choose a wallet that suits your situation. At BTC Direct you're always in control of your Bitcoin: after your purchase we send your coins straight to the wallet address you provide. For larger amounts, a hardware wallet is the safest choice, because your keys are then offline.

Bitcoin is a young and volatile market. That offers opportunities, but also brings risks. These are the main ones:

The most important rule remains: only invest money you can afford to lose.