2017 started with a bang as Bitcoin shot through the $1000 mark with no signs of slowing down. As a result I get about 2 emails a day from people around the world who are asking one very simple question: “Should I invest in Bitcoin?”
Before we begin, I want to get something out of the way – Bitcoin is not a company or a stock, it’s a currency. If you still don’t understand what Bitcoin is, watch this video. So when you want to invest in Bitcoin you are basically buying the currency. However, there are also some other forms of investing in Bitcoin.
From Should I Invest in Bitcoin in 2018? Here are 4 Things You Have to Know
https://99bitcoins.com/should-i-invest-in-bitcoin-heres-what-you-need-to-know/
What does it mean to invest in Bitcoin?
From Should I Invest in Bitcoin in 2018? Here are 4 Things You Have to Know
https://99bitcoins.com/should-i-invest-in-bitcoin-heres-what-you-need-to-know/
Buying and holding
The most common form of “investing” in Bitcoin is buying the currency in hopes it will appreciate in value (also knowns as “hodling”, see the origins of the term here). If this is the case then you need to decide for yourself if you think this is a good time to buy. Meaning, do you think the price will continue to rise.
From Should I Invest in Bitcoin in 2018? Here are 4 Things You Have to Know
https://99bitcoins.com/should-i-invest-in-bitcoin-heres-what-you-need-to-know/