Is Now the Best Time to Enter the Cryptocurrency Space?
By Luke Flowers – Crypto Specialist
Cryptocurrencies have swept the world by surprise. Even after Bitcoin soared in 2017, many people asked whether they should they have ‘gone crypto’ and placed a Bitcoin investment when the price was still insignificant?
When is the right time to buy cryptocurrencies?
You must conduct your own due diligence and thorough research into today’s market conditions. In everybody’s view, it is always safer to buy Bitcoin during a dip. But how can you identify a dip, you may ask?
To select the best timing, you need to evaluate the market trading charts and patterns carefully. This will inform you and your decision to buy and sell cryptocurrency in a healthier and more secure way.
The price of Bitcoin is highly volatile and may go up or down at any time. The unpredictability of the market is a considerable factor for many people’s unwillingness to enter it. Any investment must always be a well thought out and a carefully planned decision.
What is the most popular cryptocurrency?
Of course, Bitcoin is considered the most popular coin within the community, having withstood a long history of both technological and legislative difficulties. This current decline in value has been expected and many argue is more of a reason to buy Bitcoin now. Its future is considered very strong and is expected to soon be reflected in a price rebound. Many Bitcoin holders today also state that they do not expect to see the profit quickly and instead intend on holding the currency for a considerable amount of time.
Ethereum is another blockchain protocol with its own cryptocurrency that many people support equally. For its open-source nature and De-Fi allowances, many are awaiting and excited to see the launch of Ethereum 2.0.
You can buy Ethereum and Bitcoin on our platform. For any support, get in touch with a member of our team today. Start buying and selling Bitcoin with us today.
Dear valued BC Bitcoin UK Clients,
I hope this email finds you well. We are reaching out to inform you of some significant changes to our services that directly impact our operations within the United Kingdom. Regrettably, due to the recent regulatory developments introduced by the Financial Conduct Authority (FCA) and the implementation of the new Financial Promotions Regime, BC Bitcoin is no longer able to offer our services to clients based in the UK. This very difficult decision is in compliance with the regulatory framework and ensures that we uphold the highest standards of transparency and legality. You can view the FCA publication here: https://www.fca.org.uk/publication/finalised-guidance/fg23-3.pdf As a result, we would like to inform you of the following changes and provide guidance on how to manage your assets with BC Bitcoin:
1. **Service Termination for UK Clients:**
BC Bitcoin will no longer be able to accept new purchase orders from clients residing in the United Kingdom.2. **Continued Operation Outside the UK:**
Despite the changes within the UK, BC Bitcoin will continue to operate outside of the UK as normal. Our services will remain unaffected for clients in other regions.3. **Withdrawal of Assets:**
For our UK clients holding assets with BC Bitcoin, we want to assure you that your assets are secure. You have the option to safely withdraw your assets or exchange them to GBP or EUR and subsequently withdraw. We have streamlined the withdrawal process to ensure convenience for our clients.4. **Conversion of Assets:**
To convert your Holdings to fiat please log in to your BC Bitcoin account and submit a sell order for the amount of coin you hold with us. During the process you will shown how much you will receive and asked the bank details you wish to receive payment to. In addition, you can request the conversion by emailing info@bcbitcoin.com from your registered email address. If you encounter any issues or require assistance, our customer support team is ready to help you throughout the process.5. **Withdrawal Procedure:**
To initiate a withdrawal, please email your request to info@bcbitcoin.com from your registered email address. You may be asked some security questions to verify your identity. If you encounter any issues or require assistance, our customer support team is ready to help you throughout the process. These changes are effective immediately, and we appreciate your understanding and cooperation during this transitional period. We understand that this may be an inconvenience for our UK clients, and we sincerely apologise for any disruption this may cause. Thank you for being a valued part of the BC Bitcoin community. We are committed to providing you with a seamless experience as we navigate through these regulatory changes. If you have any questions or concerns, please do not hesitate to reach out to our customer support team at info@bcbitcoin.com Kind Regards