5 things to know before investing in bitcoin

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5 Things to know Before Investing in Bitcoin
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INTRODUCTION

• What is Bitcoin technology?
• Bitcoin is a cryptocurrency, a form of
  electronic cash. It is a decentralized digital
  currency without a central bank or single
  administrator that can be sent from user to user
  on the peer-to-peer bitcoin network without the
  need for intermediaries.

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1.Why Invest in Bitcoin?

• As new gold is mined, gold is present in limited
  quantity and it is harder and more expansive to
  find and mine.
• This same is with Bitcoin
• There are only 21 million Bitcoin, and day by day
  it become harder to mine
• Bitcoin can be sent anywhere around the world .No
  banks can block payments or close your account.

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2.Bitcoins Price

• There is no official bitcoin price. Bitcoin price
  are set by whatever people are willing to pay.
• Bitcoins price is generally shown as price of
  one bitcoin.
• However, exchanges will let you buy any amount,
  and you can buy less than one bitcoin.

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3.When is the right time to buy?

• As with any market, nothing is for sure.
• Global chaos is generally seen as beneficial to
  Bitcoins price since Bitcoin is apolitical and
  sits outside the control or influence of any
  particulate government.
• When thinking about how economics and politics
  will affect Bitcoins price, its important to
  think on a global scale and not just about whats
  happening in a single country.

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4.How to Invest in Bitcoins and Where to Buy ?

• The difficulty of buying bitcoins depends on your
  country. Developed countries have more options
  and more liquidity.
• Coinbase is the worlds largest bitcoin broker
  and available in the United States, UK, Canada,
  Singapore, and most of Europe.
• You can use our exchange finderto find a place to
  buy bitcoins in your country.

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5. India banned Bitcoin

• Finance minister Arun Jaitley, in his budget
  speech on 1 February 2018, stated that the
  government will do everything to discontinue the
  use of bitcoin and other virtual currencies in
  India for criminal uses.
• He reiterated that India does not recognise them
  as legal tender and will instead encourage
  blockchain technology in payment systems.

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Conclusion

• Bitcoins can be helpful to a lot of people. Since
  they are an international currency, you can use
  them in any country without having to convert
  between currencies. The Blockchain is really
  secure and it lets you make sure your money goes
  to/comes from the right person. People receiving
  Bitcoins won't have to pay anything for the
  transactions, and Bitcoins have a lot of support.
  All of these will definitely help Bitcoin get
  more users, and if everyone uses Bitcoin it could
  replace official currencies.
• REGARDS TECHNOLOGY MOON