Read the story here. Advertise at Before It's News here.
Profile image
By Credit&MoneyBasics
Contributor profile | More stories
Story Views
Last Hour:
Last 24 Hours:

Investing in Bitcoin

% of readers think this story is Fact. Add your two cents.

Investing in Bitcoin

Cryptocurrency is no longer a new term for people and most people know about crypto currency or at least have heard about it if not aware about them. In the last few years crypto currency has really taken the world on stride and more and more people are interested in investing in crypto currency of some form or the other. Out of many different types of crypto currency the most famous one is Bitcoin or we can clearly say that Bitcoin is a synonym for crypto currency. Bitcoin is the one of the biggest buzzwords when it comes to financial technology industry and it can also be stated that it is least understood. People wish to enter the cryptocurrency race and especially in Bitcoin as this are most rewarding. IN the year 2016 the price of a bitcoin was $710.09 and on Feb 2019 the exchange rate for a single Bitcoin was $3890. Now it is not necessary for any person to have a economics degree to understand that people who invested in bitcoin a few years ago are now racking in fortunes and patting themselves on their back however the good news is that it is never too late to get into this race.

Bitcoin is the most favoured crypto currency because of several reasons and that is why when people talk about investing in crypto currency they really mean investing in Bitcoin. Bitcoin is a digital currency that promises lower transaction fees than the traditional online payment mechanisms. In addition to this the value of Bitcoin depends on the faith of investors, this crypto currency’s integration into financial institution and at the same time public willingness to learn about crypto currency. Bitcoin is widely accepted worldwide and when someone pays for something using bitcoin, computers on the bitcoin block chain rush to check whether the transaction is accurate or not. Investors or consumers who wish to trade bitcoin need a place to store it whether it is a digital wallet which they in turn connect to a bank account, credit card or debit card. Bitcoin can also be traded for traditional currencies as traders join an exchange or an online marketplace to trade bitcoin. Bitcoin is the favourite currency for traders as well as investors for several reasons and this is the reason more people wish to trade and invest in Bitcoin when it comes to crypto currency.

Now to understand Bitcoin largely Bitcoin functions by the same principles as the U.S.dollars and the lines of code that make up each Bitcoin are worthless in and of themselves and this is why the international market has come to terms to value each bitcoin in thousands of dollars. This is because of the reason that Bitcoin is rare and scarce and it is more difficult to obtain a Bitcoin over a period of time. Just like other crypto currencies even Bitcoin operates on a technology called block chain. Block chain is referred to as a distributed, decentralized, public ledger which is easier to understand than it actually sounds. Out of all the crypto currencies Bitcoin is the most favourite and in demand because of many reasons out of which the most important is its rising value and thus people wish to invest in Bitcoin for their future.


Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!

Join our affiliate program and earn extra money by sharing with friends and family or by posting on your social media.

Order by Phone at 888-809-8385 or online at

Get our Free Ebook, "Suppressed Health Secrets"  with  Natural Cures THEY don't want you to know!

APeX - Far superior to colloidal silver! Destroys Viruses, Bacteria, Pathogens with Oxygen plus Silver!

Supreme Fulvic - Nature's most important supplement! Vivid Dreams again!

Ultimate Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen! 
Organic Hemp Extract (CBD) - Full Spectrum high CBD (3300mg) hemp extract eases stiff joints, relieves stress and more!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover -  Reduces Smart Meter radiation by 96%!  (See Video)

FINAL WARNING!  Diseases are EXPLODING!  Watch this Video about APeX and You'll THROW AWAY Your Colloidal Silver!  APeX destroys Viruses, Bacteria and other Pathogens with the power of Oxygen PLUS Silver!  Nobody else has a product like THIS!   See why the inventor hasn't been sick in 16 years and why you'll never hear about it on the FAKE NEWS!  Get some now and tell your friends about it too so we can reach more people!  

APeX Interview - Superior to Colloidal Silver from Lee Canady on Vimeo.

Learn about APeX Here and Get the 50 Page Report in PDF format.   Call us at 888-809-8385 to order by phone.

Report abuse


    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    Load more ...




    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.