What is bitcoin?
If you are over, you have heard of bitcoin. It was one of the biggest part of the news over the last year or so – how fast razbagatselnaya scheme, the end of finance, the birth of a truly international currency, as the end of the world, or as the technology developed. world. But what is bitcoin?
In short, we can say that bitcoin – this is the first decentralized money system, which is used for Internet transactions, but, probably, it will be useful to dig a little deeper.
We all know, in general, that & # 39; money & # 39; there is and what it is used. The most important question, which is testified by using money before Bitcoin due to the fact that it is centralized and controlled by a single entity – the central banking system. Bitcoin was invented in 2008/2009 anonymous creators, who goes under the name & # 39; Satoshi Nakamoto & # 39; decentralization to bring the money in the world. The idea is that the currency can be traded on the international lines without too much difficulty and payments, checks and balances will be distributed around the globe (and not only on the books of private corporations and governments), and money becomes more democratic and are equally available to all.
Getting started bitcoin?
The concept of Bitcoin and cryptocurrency general was opened in 2009 by an unknown researchers Satoshi. The reason for his invention was the decision to centralize the use of money problems, which relied on the banks and anyone & # 39; your computer, and the problem that many computers are not satisfied have been satisfied. Achieve decentralization has been done since the late 90s without success, so if Satoshi in 2008 published a paper which proposed a solution that was greatly welcomed. Today, bitcoin currency became familiar to Internet users and has created thousands of & # 39; altkoinav & # 39; (Cryptocurrency that are not of the & # 39 are Bitcoin).
How is Bitcoin?
Bitcoin is made through a process called mining. Just like paper money are made by printing, and the gold is extracted from the earth, bitcoin is created by Mining & # 39; Mining involves solving complex mathematical problems with respect to the blocks with the use of computers and add them to the general ledger. When it all began, for my procedure it was necessary simple CPU (for example, a home computer & # 39; yutery), however, the difficulty level has increased significantly, and now you need special equipment, including high-end graphics processing unit (GPU). mine Bitcoin.
How can I invest?
Firstly, you need to open an account on the trading platform and create a wallet; you can find some examples pashukayuchy in Google & # 39; Bitcoin & # trading platform 39; – they usually have names associated with the & # 39; coin & # ;, or 39 & # 39; market & # 39; After joining one of these platforms, you click on the assets, and then click on the crypt, to select the desired currency. there are many indicators on each platform, which is very important, and you must be sure to observe them carefully before investing.
Just buy and hold
Although mining – the most reliable and, in a sense, the easiest way to earn bitcoin, this involved too much, and the cost of electricity and specialized computer & # 39; computer hardware makes it inaccessible to most of us. To avoid all this, make it easy for yourself, directly enter the desired amount in your bank account and click "buy & # 39;" and then sit back and watch as your investment is increasing in response to price changes. place on many exchanges platforms available today, with the ability to trade between different currencies Fiat (USD, AUD, GBP, etc.) and various crypto-coins (Bitcoin, Ethereum, Litecoin, etc.).
If you are familiar with stocks, bonds or exchanges Forex, you will realize that the crypto-commerce easy. There are brokers with Bitcoin, such as e-commerce social, FXTM marke.com, and many others that you can choose from. Platforms provide you with currency pairs or Bitcoin-fiat fiat-Bitcoin, such as BTC-USD is trading Bitcoins for US dollars. Watch for changes in prices, to find the perfect pair, depending on the changes in prices; platforms provide prices among other factors to give you the appropriate trading tips.
Bitcoin as stocks
There are also organizations that allow you to buy shares in companies that are investing in the Bitcoin – these companies are engaged in back and forth, and you simply invest in them and expect monthly payments. These companies are just about the & # 39; combine digital money from different investors and investing on their behalf.
Why invest in bitcoin?
As you can see, investing in Bitcoin require some basic knowledge of the currency, as explained above. As with all investments, it suggests the risk! Question, to invest or not is entirely up to the individual. However, if I give advice, I would advise to invest in bitcoin for the reason that bitcoin continues to grow – albeit a significant one took place during the boom and the drop, it is likely that cryptocurrency as a whole will continue to increase in value over the next 10 years. Bitcoin – the biggest and most famous of all modern cryptocurrency, so it's a good place to start, and the safest bet. Despite the change in the short term, I suspect you will find that trade bitcoin is more profitable than most other businesses.