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Why Do Cryptocurrency Prices Change?
Cryptocurrency prices fluctuate constantly—this is normal due to market volatility. Since crypto assets are decentralized, no single entity controls their prices. Multiple factors influence price movements, including:
- Market shifts
- Global news events
- Supply and demand dynamics
Before investing, track market trends and understand how cryptocurrencies work.
Which Cryptocurrency Should I Buy?
Start by researching (just like you're doing now!). Cryptocurrencies fall into two broad categories:
- Volatile coins (e.g., Bitcoin, Ether): Prices swing dramatically.
- Stablecoins (e.g., TUSD, DAI): Pegged to stable assets like the USD, offering price stability.
👉 Learn how to choose the right crypto for your goals
Always:
- Check price charts and news.
- Invest only what you can afford.
- Base decisions on data, not hype.
When Can I Buy Cryptocurrency?
Unlike traditional markets, crypto markets operate 24/7. You can trade anytime, but remember:
- Prices change continuously, day or night.
- Your fiat balance may shift overnight.
Bitso stays synced with the crypto market, ensuring you can trade whenever you’re ready.
How to Buy Cryptocurrencies Safely
Ready to buy? Follow these steps:
- Sign up on Bitso (via website or app: Android/iOS).
- Deposit local currency (minimum 100 ARS).
- Click "Convert" to purchase your chosen crypto.
For FAQs, visit Bitso’s Help Center.
FAQ
Is cryptocurrency a good investment?
It depends on your risk tolerance. Crypto is highly volatile—research thoroughly and only invest disposable income.
What’s the best crypto for beginners?
Stablecoins (e.g., USDT) or Bitcoin are common starting points due to their relative stability and liquidity.
👉 Discover beginner-friendly crypto strategies
Can I lose money trading crypto?
Yes. Prices are unpredictable. Never invest money you can’t afford to lose.
How do I store cryptocurrencies safely?
Use trusted exchanges like Bitso or hardware wallets for long-term storage. Enable two-factor authentication (2FA).
This guide simplifies crypto entry while emphasizing informed decisions. For deeper insights, explore trends and tools to navigate the market confidently.