Bitcoin is a decentralized digital currency used a lot these days
Bitcoin originated in 2009 by a man named Satoshi Nakamoto who initially created it as a peer to peer networks for transferring of digital assets
Like Bitcoin there are many others like it all classified as cryptocurrencies.
cryptocurrency or cryptocoins is a general term for the digital assets that are classified currencies
You can see it like a bank account where you keep your money but it's online
Bitcoin has monetary value because of its popularity and adoption as an international currency
To accumulate Bitcoin in your account you can buy them from websites like coinmama.com paxful.com cex.io coinbase.com and even from other Bitcoin traders
There are many other coins including LTC, ETH, XRP, XVG, NEO, ABJ, FLAP, DRP, IOTA, FLO and so many more even thousands
You can create a bitcoin account at coinbase.com or blockchain.info or luno.com but I recommend coinbase.com because of its multicurrency support and security
You can create a bitcoin account at coinbase.com or blockchain.info or luno.com but I recommend coinbase.com because of its multicurrency support and security
You can also mine Bitcoin and many other cryptocurrencies with special sofywares that solves complex math algorithms at the expense of your computer CPU and you are rewarded with Bitcoins such software's include bfg miner, minergate, nicehash (recently hacked so the site is temporarily unavailable)
If you feel you don't have the power to mine bitcoins you can consider cloud mining services provided you have Bitcoins to invest into this. Legitimate cloud mining services include genesis mining, hash flare and minergate. Don't trust any outside these as many cloud mining services are scams and are short term eventually ending up with you losing your bitcoins
There is also another way to get bitcoins through crypto trading. This involves buying coins at a cheap price and selling at higher prices to make profit.
This works by investing in a coin with potential to rise soon (usually called signal) and after it rises in value is sold at a more higher price than when bought. I've seen signals that made profit of 25% in 10 minutes, 30% in 1 hour, 210% in 2 days, 70% in 24 hours.
How this works: you have knowledge of a coin that will rise (signal) then you buy a lot of it before it eventually does.
You can use popular exchange services like poloniex, bittrex, cryptopia, coinexchange.io for your exchanges, these sites give wallets in hundreds of coins at the some time and allow you to place orders to exchange one coin for another
Also remember to keep your wallets safe from hackers trying to steal then by enforcing 2FA and a strong password on sites
Also if you haven't invested in cryptocurrencies before do so before 1-01-2018
Also if you haven't invested in cryptocurrencies before do so before 1-01-2018
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