Money Matters  Bitcoin Buzz Report - Hillary Scholl

Money Matters Bitcoin Buzz Report

By Hillary Scholl

  • Release Date: 2018-01-08
  • Genre: Business & Personal Finance


Should You Invest  in Bitcoins?

Cryptocurrency is gaining explosive popularity and captured public recognition... although it's been around for a few years  

Bitcoin is the first digital cryptocurrency and it has gained a lot of attention and acceptance by the public and many retailers alike. A bitcoin is basically an encryption key, kept in the ledger of its trader. Ownership of the encryption key entitles  the trader to trade it for goods, services, or other types of cryptocurrency, with names like Ethereum, Ripple and Litecoin.

Bitcoin  is  equivalent  to Gold Wildfire , it can  serve  as  a  hedge but  not as a safe asset like GOLD   but surprisingly it’s more than holding its value,  it is not real  like the physical  dollar , and  its value can fall as fast as it rises in the world of cryptocurrency.

In  2017,  Japan's sudden  decision to start recognizing it as legal tender ,came as a booster to the cryptocurrencies exchange  which  seems to have led directly to the current run-up. Markets in Japan and South Korea recently priced it at $2,350 per coin thus  causing a rally in other cryptocurrencies also.

Bitcoin are the most hot investment destination of present time if you compare the return of FD, RD, MUTUAL FUND, STOCKS, BONDS AND BITCOINS.  While not all merchants currently accept Bitcoin, its price has been rising, its share of the total cryptocurrency market share is now less than 50% as the total market  size  of other Crypto-currencies  combined like  Ethereum, Litecoin, Ripple and many others

Before you can decide if you should invest in Bitcoins there are a few things you need to understand and consider.

This  Bitcoin Buzz Report  will help you understand the basics of working with this popular currency.  .