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Should You Invest In Bitcoins

In this article, I will tell you why it is interesting to invest in a cryptocurrency such as bitcoin.

Bitcoin price multiplication by 10 during the latest year from $ 1,000 to $ 10,000, is enough to arouse the interest of investors. Many savers are questioning the seriousness of this "pseudo-currency", whose course flames and then collapses, and wonder if it is a real investment opportunity.

The statements of bankers, the first actors concerned by the appearance of this competing currency, are strongly divergent: Jamie Dimon, the CEO of JP Morgan, one of the most powerful banks in the world, said Tuesday, September 12, 2017 that the bitcoin is a scam, a "fraud that will explode in full flight".



On the other hand, Llyod Blankein, the CEO of Goldman Sachs, replies that "the population was also very skeptical when fiduciary money replaced gold" and plans to open a trading room dedicated to Bitcoin and other "cryptocurrencies" In response to the many requests from its customers.

Bitcoin already has a capitalization of almost 200 billion dollars. It is growing strongly and is becoming increasingly accepted as a means of payment and as a safe haven. But it is only the emerging face of this new phenomenon. There are many other currencies that start competing with him such as ether, dash, monero or ripple. Today there are more than 1000 crypto-currencies and Bitcoin accounts for only 40% of this new market that explodes.

Crypto-currencies form a strange and fascinating world in which the uninitiated finds it difficult to navigate. In the early 1990s, the Internet revolutionized communication with HTML pages that can be exchanged via URLs via the HTTP protocol. Cryptocurrencies are an extension of this new universe: new computer technologies, independence from political power, new utilities brought to consumers.

To understand the meaning of this revolution, let's start by better understanding what cryptocurrency is and what differentiates it from traditional currencies. We will then compare the 10 main cryptocurrencies to know them better and to know if they really constitute an investment opportunity. Finally, we will indicate the concrete approach to follow to invest in these currencies.

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