Some time ago we invested, just a bit, in bitcoin for our first time. We had for a long time been doing some research, trying to figure out how it actually works. Without a lot success, we guess. Bitcoin had increased a lot for a long time, and we finally decided to give it a try. We already knew that we would loose some money at first by investing (which was already annoying), but then, within a few hours we had lost almost half of our investment as bitcoin decreased much more than it had been doing for as long as we started our reasearch. Bad luck indeed!
Anyway, the big question is now:
Can someone explain for us a bit about how it actually works in an easily understandable way?
- Is it possible to predict, at least a bit, how it will develope?
- What affect the value the most?
- Which cryptovaluta seems to be the best one to invest in?
- What is the reason for bitcoin to be so up and down at the moment?
- Any ideas about how bitcoin will develope the coming time?
- Something else that could be interesting to know about bitcoin and other cryptovalutas?
We hope for a lot of good answers while sitting here waiting for a bitcoin boost!
-Nina&Hans-