5 Things to know Before Investing in Bitcoin
                     5 Things to 
know Before 
Investing in 
Bitcoin
INTRODUCTION
What is Bitcoin technology?
 Bitcoin is a cryptocurrency, a form of 
electronic cash. It is a decentralized digital 
currency without a central bank or single 
administrator that can be sent from user to 
user on the peer-to-peer bitcoin network 
without the need for intermediaries.
1.Why Invest in Bitcoin?
As new gold is mined, gold is present in limited quantity and it is 
harder and more expansive to find and mine.
This same is with Bitcoin
There are only 21 million Bitcoin, and day by day it become 
harder to mine 
Bitcoin can be sent anywhere around the world .No banks can 
block payments or close your account.
2.Bitcoin’s Price
There is no official bitcoin price. Bitcoin price are set by 
whatever people are willing to pay.
Bitcoin’s price is generally shown as price of one bitcoin. 
 However, exchanges will let you buy any amount, and you 
can buy less than one bitcoin.
3.When is the right time to buy?
As with any market, nothing is for sure.
Global chaos is generally seen as beneficial to Bitcoin’s price since 
Bitcoin is apolitical and sits outside the control or influence of any 
particulate government.
When thinking about how economics and politics will affect Bitcoin’s 
price, it’s important to think on a global scale and not just about what’s 
happening in a single country.
4.How to Invest in Bitcoins and Where to Buy ? 
     
The difficulty of buying bitcoins depends on your country. 
Developed countries have more options and more liquidity.
Coinbase is the world’s largest bitcoin broker and available in 
the United States, UK, Canada, Singapore, and most of Europe.
You can use our exchange finderto find a place to buy bitcoins 
in your country.
5. India banned Bitcoin 
Finance minister Arun Jaitley, in his budget speech on 1 
February 2018, stated that the government will do everything 
to discontinue the use of bitcoin and other virtual currencies 
in India for criminal uses.
He reiterated that India does not recognise them as legal 
tender and will instead encourage blockchain technology in 
payment systems.
Conclusion
Bitcoins can be helpful to a lot of people. Since they are an international 
currency, you can use them in any country without having to convert between 
currencies. The Blockchain is really secure and it lets you make sure your 
money goes to/comes from the right person. People receiving Bitcoins won't 
have to pay anything for the transactions, and Bitcoins have a lot of support. 
All of these will definitely help Bitcoin get more users, and if everyone uses 
Bitcoin it could replace official currencies.
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