The environmental impact of bitcoin mining is also substantial. He’s covered a range of topics, such as tech, travel, sports and commerce. His past work has appeared at print and online publications, including New Mexico Magazine, Forex news TV Guide, Mental Floss and NextAdvisor with TIME. On his days off, you can find him at Isotopes Park in Albuquerque watching the ballgame. IBD Videos Get market updates, educational videos, webinars, and stock analysis.

best time to buy crypto

It’s time-consuming since one needs to monitor market trends and stay up to date on the current developments in the crypto sphere. On March 29, 2022, news broke that hackers stole about $600 million from Ronin Network on March 23, 2022, in one of the biggest crypto heists in recent history. After the hack was made public, RON, Ronin blockchain’s native token, dropped about 30%.

How do you buy Bitcoin?

Ideally, the future of cryptocurrency is seen by many as a growth market, albeit with some extreme volatility. Typically, investors would give in to FUD and FOMO and prematurely dispose of their cryptos in favor of short-term when to buy bitcoin gains, thereby missing out on the longer-term potential. However, DCA allows you to invest in structurally bullish crypto and maximize the HODLing period. Want expert insights on investing in blockchain technologies?