In recent years, Bitcoin has evolved from an experimental digital currency to one of the most well-known and sought-after cryptocurrencies worldwide. While the price of Bitcoin has fluctuated strongly in the past, the cryptocurrency remains one of the more stable and profitable investment products for long-term investors. But how can you invest in Bitcoin without constantly monitoring the market or worrying about the right time to buy? This is where the Bitcoin savings plan comes in.
A Bitcoin savings plan allows you to buy Bitcoin regularly — automatically, regardless of market conditions or fluctuations. This article explains how you can get started with a Bitcoin savings plan, what benefits it offers and why 21bitcoin is the ideal provider for your Bitcoin investment.
1. What is a Bitcoin savings plan?
A Bitcoin savings plan is a method that allows you to regularly invest in Bitcoin without having to make transactions manually. The savings plan works in a similar way to a savings account or a fixed-term deposit account, where you regularly invest a fixed amount in Bitcoin — whether daily, weekly or monthly.
You don't buy a large amount of Bitcoin right away, but you regularly invest smaller amounts. The advantage of such a plan lies in the long-term strategy, in which you are less affected by market fluctuations and benefit from the average price effect (cost-average effect).
1.1 How does a Bitcoin savings plan work?
A Bitcoin savings plan works very simply. You decide how much you want to invest regularly and in which period (daily, weekly, monthly). Payments are made automatically via SEPA transfers to your provider (in this case 21bitcoin) and credited to your personal Bitcoin wallet. The advantage of this is that you don't have to actively monitor the market, but the purchases are carried out fully automatically.
With a Bitcoin savings plan, you can build up your Bitcoin wealth continuously and without much effort, without having to worry about the best time to buy.
2. Why a Bitcoin savings plan?
There are many reasons why a Bitcoin savings plan is an excellent way to invest in cryptocurrencies:
2.1 Minimizing the risk of market fluctuations
The most important advantage of a savings plan is the average price effect. If you regularly invest a fixed sum in Bitcoin, you buy at different prices. With a higher Bitcoin price, you buy less Bitcoin, with a lower Bitcoin price, you buy more. This helps you minimize the risk effect of trying to find the “right” time to buy. Instead of waiting until the price drops, you can ensure that you invest regularly and benefit from long-term growth.
2.2 Long-term growth potential
Since 2009, Bitcoin has shown that it is establishing itself as a stable and growing form of investment. Despite short-term fluctuations, Bitcoin has steadily increased in value over the years. With a savings plan, you benefit from Bitcoin's long-term growth potential. This type of investment helps you profit from market developments without having to react to short-term price fluctuations.
2.3 Automation and convenience
A Bitcoin savings plan offers you an automatic investment strategy that doesn't require you to make manual purchases. Once set up, the savings plan does everything for you. This is particularly beneficial if you have little time or don't want to monitor the market on a daily basis. You can also adjust or pause the plan at any time if your financial priorities change.
2.4 Easy way to get started for beginners
Bitcoin can initially seem complex for beginners, especially when it comes to buying and managing. A savings plan significantly simplifies this process as it does not require deep technical knowledge. You don't have to worry about market analysis or choosing the right time. You simply enter the amount and frequency, and the rest is automatic.
2.5 Low minimum amounts
Another advantage of 21bitcoin and similar providers is that you can invest in Bitcoin even with small amounts. 21bitcoin allows you to start with just 15 EUR. This is ideal for beginners who want to slowly enter the world of cryptocurrencies without having to invest large sums of money.
3. 21bitcoin: The ideal provider for your Bitcoin savings plan
21bitcoin offers a user-friendly platform on which you can easily set up a Bitcoin savings plan and build up your Bitcoin wealth. The benefits of 21bitcoin include not only automated investment, but also a simple user interface, transparent fees, and top-notch security features.
3.1 Easy setup with SEPA transfer
With 21bitcoin, you can easily buy Bitcoin via SEPA transfers. The provider supports both SEPA Instant and SEPA transfers, so that you can make your Bitcoin purchases easily and quickly. The SEPA transfer ensures that your payments are credited directly to your 21Bitcoin account without long waiting times.
3.2 Free and transparent fees
Another advantage of 21bitcoin is that you don't have to worry about hidden fees. The transaction fees are low and transparent, so you know exactly what costs are involved. So you can invest in Bitcoin with confidence and without surprises at any time.
3.3 Flexible settings for your savings plan
With 21bitcoin, you can adjust your Bitcoin savings plan to suit your needs. You can set daily, weekly, or monthly investments and make adjustments at any time. Flexibility is one of the biggest benefits of a Bitcoin savings plan, as you can change or pause your investments at any time.
3.4 Security for your Bitcoin investments
21bitcoin uses the highest security standards to keep your Bitcoin safe. In partnership with BitGo, one of the leading providers of crypto storage solutions, 21bitcoin offers cold storage for your Bitcoin. Your investments are therefore protected against hacks and theft by insurance.
3.5 Cost-effective and transparent management
With 21bitcoin, you can easily manage your Bitcoin savings plan. The platform is designed so that you can see all Bitcoin investments at a glance. At any time, you can view the status of your investments, make adjustments, and ensure that your Bitcoin is stored securely.
4. Why a Bitcoin savings plan makes sense
Over the years, Bitcoin has established itself as one of the most valuable and stable assets on the market. Despite market fluctuations, there is a clear long-term growth perspective. Anyone who invested in Bitcoin early on was able to benefit from the enormous price increases. A Bitcoin savings plan gives you an opportunity to consistently invest in Bitcoin without having to deal with short-term market fluctuations.
4.1 With a Bitcoin savings plan, you can regularly benefit from Bitcoin
A Bitcoin savings plan is one of the best investment strategies to benefit from Bitcoin's growth in the long term. Since the price of Bitcoin is subject to fluctuations, the average price effect protects you from the risk of investing at an inopportune time. With a savings plan, you invest regularly and benefit from Bitcoin's long-term growth.
5. Conclusion: A Bitcoin savings plan as a long-term investment strategy
A Bitcoin savings plan is a simple and effective way to invest in Bitcoin regularly without having to worry about market conditions or fluctuations. With 21bitcoin, you can automatically set up your savings plan and build up your investments conveniently and securely.
With automatic investment, flexible savings plan adjustment and 21bitcoin's low fees, you can be sure that your Bitcoin investments are protected in the long term. Even as a beginner in the cryptocurrency sector, a Bitcoin savings plan is an excellent opportunity to enter the market and benefit from Bitcoin's long-term growth.
21bitcoin offers you all the tools to invest in Bitcoin in a simple and secure way and to constantly expand your portfolio. If you start saving in Bitcoin today, you can benefit from the long-term benefits of this innovative cryptocurrency.
FAQ
Does a Bitcoin savings plan make sense?
Yes, a Bitcoin savings plan is a good way to regularly invest in Bitcoin and benefit from dollar-cost averaging (DCA) to smooth out market fluctuations.
How does a Bitcoin savings plan work?
You set a fixed amount that you invest in Bitcoin at regular intervals (e.g. monthly). The amount is automatically withdrawn from your account and converted into Bitcoin.
How much Bitcoin do I get for €100?
Depending on the current Bitcoin rate, you get a certain amount of Bitcoin for €100. This amount fluctuates with the market price and can be affected by fees.
