Education – Beetoom

"Education is the passport to the future, for tomorrow belongs to those who prepare it today"

Malcolm X

Investing in Bitcoin

Investing in Bitcoin (BTC) can be quite intimidating if you’re only just learning about its existence now. In fact, taking the plunge and entering the cryptocurrency sphere is a risk for anyone, with or without investment experience. This is because the crypto space has no centralized authority to guide investors. Rumors, hype and horror stories dominate the internet, and separating fact from hearsay can be difficult at times. Like any other business venture, you should never get your feet wet until you have all the facts straight. Many Bitcoin investors who have taken losses will agree that they didn’t do their own research. Riding on rumors and hearsay is setting yourself up for failure. However, the cryptocurrency community does come in handy for inquiries. You’re better off talking to people who are already in the crypto space. As a college student, you’ve got all the time and resources to find out all there is to know about investing in Bitcoin. As you find ways to invest, don’t forget to keep an eye on your academic performance, but if it does begin to suffer, online writing services help ensure you maintain above-average performance.

What's bad about Bitcoin?

For starters, bitcoin's volatility is a big reason why most retailers won't accept it. Even with blockchain-based transactions that can potentially validate and settle faster than payments on traditional banking networks, the lag in settlement times can still allow for wild vacillations in the price of bitcoin

Can Bitcoin make you rich?

“Very rich” depends on your investment and level after which you consider one to be very rich. To gain substantial profit from bitcoins investment, invest considerable amount and then leave it for many months and let the price increase, after around 5 to 7 years you'll definitely get many times of your investment.

Is Cryptocurrency a good investment?

Even if you don't know much about crypto coins, it is definitely worth your investment 2020. If Twitter, Uber, and Amazon ever move to a blockchain, the core of their work will definitely be EOS. The EOS system is free of Ethereum problems with scalability and it is ready to replace other competitive blockchains

Does crypto have a future?

The Future of Cryptocurrency. ... Moreover, there is the possibility that crypto will be floated on the Nasdaq, which would further add credibility to blockchain and its uses as an alternative to conventional currencies. Some predict that all that crypto needs is a verified exchange traded fund

What will bitcoin be worth in 10 years?

Most projections are that Bitcoin will reach a price of $20,000 by late 2020. He also believes that the market cap of all cryptocurrencies will burst up to a whopping $2 trillion (from the current $150 billion) within the next 10 years.

The report shows predictions from the field experts to suggest that the price of Bitcoin could reach $397,000 USD by 2030. They also estimate that altcoins such as Ethereum, Litecoin, Bitcoin Cash and Stellar will hit a similar spike, soaring to new heights in price before 2025.

Is one Bitcoin enough to own?

Owning 1 BTC will be worth over $28.6 Million Dollars if only 1% of the world's wealth turns towards Bitcoin. This is actually a conservative number. Many estimates are indicating that close to 8% of the world's wealth will turn towards Bitcoin.
How many Bitcoins are left?

There are 21 million Bitcoins total of which almost 18 million are in circulation. There are a little over 2.5 million bitcoins left that are not in circulation yet. The Bitcoin source code determines how many bitcoins are left.

Bitcoin & Crypto currencies

Our team differentiates itself through qualities like professionalism, experience and people skills. They will provide you a fast and professional 1 on 1 training about Bitcoin and Crypto in general, targeting the main things you need to know in order to have a better understanding about the Crypto world. By using an efficient system that alternates 1 on 1 guidance, documentation and animations we will make sure you understand the way this business works.

Risks are always present

When it comes to investing one must realize that the Risks are always there. In order to create the opportunity of making a profit some risks need to be taken. The way you will understand and manage your risks will determinate your results. In order to make sure our clients are aware of this our team will explain you everything you need to know about risk-management and will always observe and keep you posted about your situation.

Research

Knowing everything about the crypto world doesn’t mean you should dive into the deep end. Risk is inherent in every investment, and the crypto space is no exception. You need to proceed with caution, because digital currency is still in its early stages of development. There are extremely high risks involved, which means you can either win big or lose everything you have. Start small and see how it goes before putting in more money. Instead of chasing Bitcoin prices, let the prices come to you. Timing is key when it comes to investing in cryptocurrency. Once you decide on an entry point, don’t change your mind just because someone told you otherwise. Once the price gets to where you want it to be, don’t use all your capital to buy the coins. Buy in small quantities, investing a little at a time. The right way to invest in Bitcoins is synonymous with summoning a genie — one wrong move and you lose it all.

Broaden your horizons

Ideally, no investor should put all their eggs in one basket. When investing in the crypto space, you need to diversify effectively. This way, a decline in one component can easily be offset by an equal gain in another. Aside from Bitcoin, you can also invest in Ripple (XRP), Ether, Bitcoin Cash (BCH), and Litecoin (LTC). Investing equally across different components maintains a balance, as all these components are within the crypto space, and if one drops by a given percentage, another is bound to rise by the same amount. Be aware of all active cryptocurrencies and invest in them with caution. A cryptocurrency can easily fall because they’re like startups within the crypto space. Researching and keeping up with the crypto market is crucial because a currency can crash to the ground overnight.