Bitcoin's virtual currency is becoming a major player in banking. What do you need to know to make an adequate investment with bitcoins? Sofia Macías, author of the book Little Pig Capitalist shares some advice.
To invest, it is essential to know the vehicle where it is considered appropriate to place the money. Bitcoin is becoming an important player in the bank and to make the most of it, Sofia Macías, author of the book Little Pig Capitalist shares some tips.
The total bitcoins market has a value of $ 27 billion. Mexico is the leader in Latin America in volume of transactions.
Although there are several virtual currencies in the world, bitcoin was the first to see the light, is the best known and so far the most used. This currency has no border limits and can be exchanged for more than 100 currencies around the world.
Here are five tips for investing in bitcoins.
Understanding. If one wants to have veins investments, the first thing to do is to understand what you are investing in. With bitcoin it can be something like: What backs it up? What causes it to rise and fall constantly? What is the strength of that economy that it represents?
Second investment. Bitcoin should be the second option to invest. It is best to start by investing in something that is already known or represents less risk.
Section. There is no single asset that only goes up, that is why it is important to invest only a part of all your money in this currency. For alternative assets it is advisable to invest only 5% of the assets. Plus you can buy bitcoin fractions.
Exchanges. It is not advisable to leave the money in exchanges as there are many that disappear overnight. The best thing to do if you already bought bitcoins in exchange houses, is to transfer them to a Wallet without forgetting the password.
Pyramids: Although it seems obvious, it is indispensable to avoid the pyramids of criptomonedas. Many people say that investing in these pyramids will bring many returns, since it is paying you not for the quote of the asset, but for getting more people. That can be a great sign of pyramid fraud.