How to Buy Ripple in New Zealand – The Easy Crypto Guide
How to Buy XRP in NZ Contrary to popular belief, it is actually very easy to buy Ripple XRP in new Zealand. You have several.
How to Buy XRP in NZ
Contrary to popular belief, it is actually very easy to buy Ripple XRP in new Zealand. You have several decent options for buying Ripple XRP in NZ, but your best option is to buy XRP at the best prices in New Zealand through us; Easy Crypto NZ.
Easy Crypto is your best bet for buying Ripple XRP in New Zealand for several key reasons:
- Easy Crypto NZ has competitive Ripple XRP prices in NZ.
- You can sign up with Easy Crypto NZ in less than a minute, buy XRP and have it sent to your XRP wallet in no time.
To start buying over 160+ cryptos at the best prices in NZ today, click here to sign up and get started.
Now that you own Ripple XRP, What should you do with it?
Holding XRP Long Term
Long term holding is to buy XRP to sit on it for the long term, to minimise risk and secure your footing in the market for the long-distance future. (5-15-25 years).
The idea of this is to basically accumulate and buy XRP in whatever amount works for you, and sit on it without selling it to let it grow as global cryptocurrency adoption and development takes off. This would be the same idea as investing in the internet in the 2000s.
This is my own personal strategy, and its the same one as the majority of our customers. There is no guarantee that XRP will succeed, however, you need to have skin in the game to reap the rewards.
Day Trading XRP Short Term
This second strategy revolves around buying low and selling high, typically on a day to day basis. This is called day trading, but it can become extremely tedious, risky and complex.
You will have to learn technical analysis for this and look out for signals in the market, and base your projections and short term XRP trading strategy of your day to day research.
Read more: How to sell Ripple (XRP) in New Zealand.
I personally have near-zero experience in this as I’m in it for the long term, but this is very high risk and I would advise to only get into this if you have a solid understanding of cryptocurrency and technical analysis already.
You can, of course, go with both of these strategies, however, I personally prefer to long term hold.
If you need any help with buying XRP in NZ through Easy Crypto, please don’t hesitate to flick us a message on our contact page.
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Disclaimer: Information is current as at the date of publication. This is general information only and is not intended to be advice. Crypto is volatile, carries risk and the value can go up and down. Past performance is not an indicator of future returns. Please do your own research.
Last updated October 7, 2022