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[kkckkc]

What is bitcoin ?
I just want to explain it briefly.

Bitcoin is a virtual currency in online business world. It is a bit like gold, but without existing real form, or a bit like some trading stocks in virtual world but without dividend. A bit like real USD or HK dollars, but without real form or their public popularity.
Bitcoin exists so far and value is rising fast because more and more people pay attention on bitcoin existance and believe that it can act like real money, buying and selling things. More people buy bitcoin or admitted it as useful money, more it will grow.

Of course bitcoin still has high risk, so I will not put much on investment, just used it as diversify my earning to minimize the risk of my online earning (i just lose time in the worst case ) .But why I put some of my earning to bitcoin, or try earn some bitcoin, because bitcoin has extremely high potential to rise a lot in its price in long term. (from 500 dollars to now 3300 dollars for a year) , so it is a good earning choice.

Just don't gambling or high investment to bitcoin. It is extremely risky and dangerous. Just thinking it as a bonus of your earning when price go up high.

 

[Lovely]

Well, For me I see Bitcoin as digital currency not physical money and can be transferred electronically and that is accepted by everyone, its value as for today is approximately 9k.one just need to invest in it wisely because of its volatile nature

 

[tusziget]

You can say volatile nature yes,of the Bitcoin,if you want to sell it or buy it immediately Bitcoins.Though that involves risks,to do those transactions when there are huge fluctuations of the value of the Bitcoin,like it was this couple of months.Otherwise Bitcoin don't have volatile nature,it is valuable.

 

[SCAMEXPOSER]

It is kinda fluctuate between $6000- $8000 recently, it is better to trade it with the expectations of certain percentage of profit cos I don't see outrageous prices in bitcoin price any time soon

 

[Areding]

Now it is dangerous, lucky for those who managed to buy it at a low price. I see physical money in it, but you can lose it as quickly as you can get it.

 

[SCAMEXPOSER]

Now it is dangerous, lucky for those who managed to buy it at a low price. I see physical money in it, but you can lose it as quickly as you can get it.

It exists in physical coins in countries where it is fully legalized, any one having bitcoin in possession will either very patient till it rises to his target before selling it or exchange it when there is a little rise due to the volatile nature .

 

[cryptohub123]

Bitcoin is a cryptocurrency that always fluctuates in it's value. It's completely decentralized currency ,means government doesn't have any authority to completely ban it , even if they impose some restrictions , people still use it somehow. This cryptocurrency has the potential to replace the fiat money or bank in future. For that to happen , more and more people have to be taught about bitcoin and it's features.

 

[KarthikP]

I guess its good time to put some money in bitcoin now , because its mostly expected to raise after the halving in May. Buy bitcoin at low prices.

 

[SCAMEXPOSER]

I guess its good time to put some money in bitcoin now , because its mostly expected to raise after the halving in May. Buy bitcoin at low prices.

Definitely anyone with reserve funds now can invest in bitcoin, few months or weeks from now the price could double or rise by 60% which is a good one.

 

[Daniel001]

In my experience I have traded bitcoins online and I have gotten my reward. I have sold bitcoins through yobit platform and transfered it to my wallet.

 

[Daniel001]

I have also done bitcoins faucets and have gotten benefit for participating

 

[SCAMEXPOSER]

I have also done bitcoins faucets and have gotten benefit for participating

Likewise myself though investing on bitcoin when the price is lower and sell it when it is higher reward more than claiming bitcoin faucets.

 

[Bilalgul]

That is some very nice explanation from your side and I especially liked the advice you gave at the end and I hope that many people will adhere to you advice

 

[Wisdom01]

Bitcoin is actually a promising virtual cryptocurrency for me lot of people invest in it ,to gain awesome rewards ,it's very much promising and have a great future , people Don't really needs to invest on it hurriedly ,bit learn the skill and process before they make any recommendations on investing ,so they dont make so much loss