Bitcoin: The legend coin

Bitcoin: how to get started investing in cryptocurrency

How to start investing in cryptocurrency: The value of bitcoin reached more than $ 47,275.40, perhaps it will be higher than that in the view was the report.

 What is this currency? 

 Bitcoin is a fully digital electronic currency that is only traded over the internet and has no physical existence.

It is the most popular digital currency among other digital currencies and each currency has a private number and is protected by a large distributed network, and can not be manipulated and defrauded by anyone. 

How are they different from traditional currencies?

There is more than one difference that conventional coins are physically in your grandfather or stored on your credit card but bitcoin.

The second is that you can deal and buy in traditional currencies online, but through electronic credit cards and be linked to information about you such as your name and address, while biscuits are the exact opposite where you can deal and you are anonymous.

The third important difference is that the currency is not subject to an authority such as the central bank. 

These differences make the currency outside the influences of traditional economic factors, making it also desirable for Pirates to demand ransom, and even for mafia men and contraband to keep out of the eyes of the authorities. 

When the coin was founded it originated from the idea of a business project that appeared in the year 1998.

Through an article by the Asian writer, Wedi born called her day to create a currency that is officially traded away from the central authorities and banks that use bitcoin-like any currency you can buy online only, but there are some parties refuse to deal with it for their own reasons, but dealing with it is now widespread with you for a minute.

The process is not complicated, you need the first online e-wallet, a service provided by a lot of trusted global sites, and then buy bitcoin from multiple sources and then trade and trade it through financial platforms or even keep it.

 It's like keeping your money in a bank account. 

Is there anyone dealing with it If you asked that a year ago?

The answer will be that very few Accept dealing with it, but now it has begun to spread significantly among institutions, companies, and even universities, and banks are expected to be listed on the global stock exchange for trading soon.

Some believe that bitcoin's rise of more than 2000% in the last year means that profit is guaranteed. It's a magical way to get rich. 

After all, remember that bitcoin, like any currency or commodity, can rise and fall according to certain circumstances, although the expectation is that it can bake 50,000 soon, each sudden and strong defense will lead to a sudden corrective decline.

Bitcoin is not infallible, but it requires political, economic, and technical factors capable of influencing and it is not easy.