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How to invest in Bitcoin?

    Shiimaa Mohamed
    By Shiimaa Mohamed

    Categories: Business


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    How to invest in Bitcoin?

    No doubt I've heard a lot about the investment and trading of Bitcoin so far, and you may have heard that the encrypted currency market is volatile, but what you do not know it could make a big profit for those who understand the risks associated with it.

    Before you consider investing in encrypted currency, you must first know what currency is encrypted? How can real income be generated from them? 

    Encrypted currencies, such as " Bitcoin", are virtual currencies that do not have a serial number and are not under the control of any financial institution in the world, but are handled only through the Internet without physical presence. In addition to being an asset that can be traded on exchanges such as stocks and bonds, the currency has become a means of payment for some retail companies and a means to transfer funds without the need for a third party.

    The world's first digital currency, the Bitcoin, was launched in 2009. Numerous criticisms have been made over the past few years, especially in the past. But today, it is taking a prominent place in all global economic forums, signaling a change in the reality of the financial sector. The 2017 can be considered exceptional by all standards, and deserves to be well-deserved year-end digital rebound. And there has been a strong tendency from banks to bring these currencies under its umbrella after having achieved a record success.

    The currency of the Bitcoin attracted millions of investors from all over the world, making amazing profits faster than any other asset in history, and some still see it as highly volatile and volatile. The currency market is highly volatile and therefore not suitable for all investors.

    How to invest in Bitcoin?

    Since the mining process has become very difficult and requires large capital, the circulation of the Bitcoins and other alternative currencies is a great opportunity to invest, and can return to the owner of profitable profits, and in the world there are people who have already become very great wealth.

    The bets and currency markets have rebounded recently thanks to record highs such as " Bitcoin" and "Ethium" and the total value of the digital currency market last month jumped to more than $ 270 billion, according to Bloomberg.

    Bitcoin Trading

    To start trading Bitcoin, there are two main steps:

    Step 1

    You have to be with you. There are many intermediaries where you can buy a home or any other currency and pay them by dollar or euro. At first, it is recommended to buy a Bitcoin.

    Note: It is not necessary to buy 1 full ketone (the price of the Bitcoin currently exceeds the $ 18,000 barrier), but you can buy fractions or parts of it, for example 0.5 or 0.01 Petvin, no problem. Where the parts of the Bitcoin are called "Satoshi" (500 thousand Satoshi equals 0.005 BTC).

    With a little Bitcoin you can trade on all other digital currencies.

    Step 2

    You need to take the broker from the broker or the person who will send it to your wallet address or directly to your Bitcoin address on the trading platform where you will be trading on various alternative currencies.