What Is Bitcoin - Understand All Concepts
Where it is stored? if you want know how Bitcoin works, about its algorithm, to understand why it is important in today's date, There are many people who are not fully aware of it.
|Bitcoins full case study about bitcoins|
Now we will discuss about the questions what is on your mind but you do not know its answer, everyone should know it,
Is bitcoin good for investment or not?
Yes, it is good for investment because it is a independent currency where you can transfer it directly with having any system in between.
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How bitcoin works?
Many big investors says it is a deception to trick people, when it stops, can't say anything. because bitcoin don't have any foundation, don't have any government involvement, This can't be done much time.
Bitcoin started in year 2009 as a exchange type currency, After that it became an investment. This cannot become an actual investment because there is no basis for it. in bitcoin there is no calculation of it how it is growing.
How You get Bitcoins?
Can You convert bitcoin into cash?
Can you loose money in bitcoin?
Bitcoin is legal or not?
Who gets the money when you buy the bitcoins?
Can bitcoin make you rich?
How can You get bitcoins instantly?
Is anyone got rich from bitcoin?
This currency investment is good for only that type of peoples who have a lot money at home and those who believe that the money should be profitable is good and if it is lost, then we do not mind.
Other investments- like gold, shares bonds fix deposits this investment sources are considered as actual investments, because in these investments everybody knows when how my money will get doubled or so much as per investments.
It is a very slow process but working and guaranteed you will receive your money that date when it matured or its ups and down.
If you want to invest your money in bitcoin the best website is -
systematic purchase plan- in simple way to describe this plan is you can invest your money in systematic way.
What does that mean?
It means this plan gives you option that you can invest your money weekly as per your weekly savings and invest it for one year or three years after that investments you'll get the money by rate what is after three years it is slowly or fast.
As per bitcoin growth speed your money will get increase and you can sell it what is difference between your investment and your selling price that will be considered as your profit, using this systematic purchase plan risk is low only one time in every week you have to invest in it. this Website that providing you this service.
major countries where bitcoin is legal,
South Africa - Bitcoin is legal.
United states - Bitcoin is legal.
Russia - Bitcoin is legal.
south Korea - Bitcoin is legal
japan - Bitcoin is legal
These are the major countries where bitcoin is legal as per consideration of cryptocurrency.