We could be seeing a bitcoin ETF coming out soon. It could mean more institutional investors jumping into this market. The price increase could also have to do with something JP Morgan did.
You’ve probably heard of bitcoin by now. That whimsical internet money that everyone seems to be talking about.
It’s divided the financial world unlike anything we’ve seen before. Some people believe it will usher in a new era of payments, others think it’s ballooning into the biggest scam the world has ever seen.
Either way it’s hard to ignore bitcoin and its incredible growth in recent years. Whether it’s going up or down, it certainly isn’t boring. But you’re probably wondering what it even is?
Is it a currency? Is it a store of value? Is it a security?
The short answer is: it could be all three or it could be none of the above. Bitcoin is unlike any other financial instrument we’ve ever seen. And it’s still evolving right in front us every day.
Which is probably why you’re here.
Understanding what bitcoin is
Here we aim to demystify everything there is to know about bitcoin. We’ll help you understand what it is, what’s going on with it and maybe even tell you why you should or shouldn’t buy it. Including analysis on why the price is where it currently sits, and more importantly, where it’s headed.
Whether you’re a complete novice, or an experienced pro, we cater to everyone. Throwing away the unnecessary jargon and bias to bring you the cold, hard truth of the matter.
We can’t promise it will be easy, but we will keep it as simple as possible. After all, we’re here to help you make up your own mind on the matter. Believe us, it will be worth the effort in the long run.
Whether you’re an avid supporter or staunch critic, bitcoin isn’t going away anytime soon. Which is why it’ll be worth staying one step ahead of the rest. This is your chance to get a leg up over the mass media and the rest of the mainstream rabble.
The crypto craze
While you may be familiar with bitcoin, you’ve got to understand it’s not the only asset like it. Cryptocurrencies or ‘cryptos’ have burst onto the financial scene lately. You may have heard of some of them, such as: Ethereum, Ripple or Litecoin.
These cryptos represent an entirely new marketplace. One where bitcoin is king. It’s an investment market that is unlike any the world has ever seen.
The volatility in the crypto market is truly something else. Prices can see percentage gains in the hundreds or even thousands in mere hours. But they crash just as hard, and just as fast. Which is why you have to keep your wits about you.
No room for dumb money
While bitcoin and cryptos represent a huge new opportunity there are still risks. There’s no regulation, no one to call when things go wrong, no rules at all. Make no mistake. This isn’t for the unprepared.
But if you’re willing to learn and be patient there is opportunity to be had.
You’ve already taken the first step by reading this, but there is more to learn. Find out everything you need to know about bitcoin today by reading the stories below.
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