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Bitcoin is one of the biggest buzzwords in the financial space, but many people don't know how to buy the leading cryptocurrency, a task as simple as downloading a mobile app. Buying Bitcoin begins with an exchange which offers the option to buy BTC for ‘fiat’ money. The term ‘Fiat’ is used within financial circles, and commonly in the cryptocurrency sector, to denote government backed and issued currency, such as USD, GBP or JPY. Sep 10, · Historically, November has always been the best time to buy Bitcoin and was followed on average by a 30% rally in the same month and by a 40% average price increase in December. On the other hand, January has historically been the worst time to buy Bitcoin Author: Alexander Thellmann.
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