What is Bitcoin? Is it right to invest in Bitcoin?


1 What is Bitcoin? How to invest in Bitcoin?

2 What is Bitcoin?

2.1 Some interesting information about Bitcoin?

2.2 How Bitcoins Are Made (Mine)?

2.3 The use of bitcoins is called:

3 Invest in Bitcoin or not:

4 How to invest in BitCoin:

5 Conclusion:

Friends ..! As far as I hope, you must have heard the name of Bitcoin. And you have come to this blog to know about Bitcoin in detail. 1 year ago no one was discussing it, but today only Bitcoin is being talked about on the internet.

Let’s know how to invest in Bitcoin? Do not do it. I will tell you about Bitcoin in detail. You people will know about printed currency like Dollar, Pounds, Euro, Rupee. Maybe one of these currencies is in your pocket. So today I am going to tell you about Bitcoins very well. And I will also tell you about some interesting questions related to Bitcoin. for example..

  • How is Bitcoins Made (Mine)?

  • How to use Bitcoin?

  • What is the value of bitcoin?

  • How right and wrong to invest in bitcoin.

What is Bitcoin?

Friends first of all know that this BitcoinBitcoin is an electronic currency, a currency that you cannot touch. Can not see, you can electronically store Bitcoin. Bitcoin is a Crypto-currency payment system with no Authorized Bank. Nor does the Organization control this. Therefore, the price of bitcoins keeps going up and down very fast. And at this time the price of a bitcoin is about $ 10410 which is equivalent to about 670403 Indian rupees and at the moment you are reading the article, then maybe even more.

What is Bitcoin? Is it right to invest in Bitcoin?

If you want to check the price chart of bitcoins. So you can search on Google. And you can compare Bitcoin with the currency of all countries.

Some interesting information about Bitcoin:

  • Just as a part of rupee is called money. Similarly, a part of bitcoins is called “Satoshi”. Because Bitcoin was created in 2008 by Satoshi Nakamoto. And no one has seen them.

  • We can break a bitcoin into 1000000 pieces. That is, a bitcoin is made up of 10 million Satoshi . Yet the currency of a country cannot be broken into so many parts in the world.

How Bitcoins Are Made:

The Bitcoins any Authorized Bank or Currency Control Center is not | So how would bitcoins be made and who would be made. This is a very interesting thing, but it will be surprising to know you as well. The new Bitcoin is made up of a successful transaction.

For Example- Suppose if I have a bitcoin and I have to sell that bitcoin. So I will go to the Bitcoin exchange website and send a request for Bitcoin Exchange. After that, people who buy thousands of bitcoins will contact me. When I send my bitcoin to someone. So there is also a need to verify that Transaction. Verify the bitcoins I send to that Buyer.

There is no Authorized Bank for expired bitcoins. Which Verifies My Transaction, So Many People To Make Bitcoins Transactions Successful. Open your own Bitcoins Verification Center. As soon as I send Bitcoin. So Bitcoin goes to these Verification centers first. Whichever Verifications Center solves the Bitcoin Math Problem first and makes it successful. So that Verification Center gets some bitcoins in Reward. And that’s how new bitcoins are made.

If you also want, you can open Bitcoins Verification Center. But for that you must have a very powerful GPU wall computer. There should be a powerful IC with it which can solve math problems.

The use of bitcoins is said to be:

Friends, bitcoins are not used in many countries. Nor can you use bitcoins to buy all the goods. You can do bitcoins only online and at some special places. If you want to buy bitcoins. So you can buy or sell online or with the help of the app.

If you have an Android phone. So you can download the app from the Play Store. And from here you can deposit bitcoins. You can get information about its price. Like – Zebpay, Unocoin

If you have any bitcoins. So you can use it only in the country given below.

  • Australia

  • China

  • Czech Republic

  • Denmark

  • Ecuador

  • Estonia

  • European union

  • Finland

  • France

  • G7

  • Germany

  • Hongkong

  • Iceland

  • India

  • Indonasia

  • Israel

  • Jordan

  • Japan

  • Lithuania

  • Luxembourg

  • Malaysia

  • Norway

  • Philippines

  • Poland

  • Rassia

  • Singapore

  • Slovenia

  • Slovakia

  • South africa

  • South korea

  • Sweden

  • Switzerland

  • Taiwan

  • Thailand

  • Turkey

  • United kingdom

  • United state of america

Whether to invest in Bitcoin or not:

See friends, the price of bitcoin is touching the sky every day and it is also decreasing in a few moments. In such a situation, the decision to invest in it becomes a bit difficult. Currently running more than 10K + $. And it is being estimated that in the coming time it is set to increase manifold.

My opinion will be that if it decreases to 5000 $, then you buy it and then wait for it to grow. And yes, do not be tempted too much. Anything can happen later because the Indian government has not legalized cryptocurrency yet.

So, do whatever you think carefully because it is money.

How to invest in BitCoin:

If you have made up your mind to invest in Bitcoin or any other cryptocurrency, then there are many Wallets from which you can buy and sell.


You can buy and sell different types of currency on Kinex, you can also see the chart. Sign up from here:  Koinex Sign UP


Friends are just like the Share Market of Bitcoins. But you can only store bitcoins online. In this case, if you have money and you invest in Share Market Money. So you can invest money in bitcoins in the same way and buy and keep bitcoins. And whenever you think that now you will get good money by selling bitcoins. So you can sell them.

For Example- in was Ray have 2 Bitcoins which I bought in 2014 | At the time I make it $ 450 / B was taken | Now Bitcoin has become priced in 2016. $ 776 / B  So if I sell my Bitcoin, Iwill gain at least $ 652 on both B.

Hope you have liked this post and you will have got good information about Bitcoins. If you have any suggestions or ideas about this post. So you must comment on us.

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