Investing is a hot topic that many people talk about but very few do. More than saving money, you should learn to invest. I recommend to start small with investing only as much as you are comfortable with. Ease into the field step by step and get your feet wet with just 50 USD. Think of it like this: instead of buying that new watch or a new pair of shoes, challenge yourself and invest that capital in cryptocurrencies.
Currently, Bitcoin can only handle 3 to 7 transactions per second. So, as Bitcoin becomes more popular, the time it takes for the Bitcoin network to verify a transaction becomes longer. If this problem isn’t fixed soon then the fees to send Bitcoins will increase, and so will the time it takes to send Bitcoins. This may have you wondering not about how to invest in Bitcoin, but should I invest in Bitcoin?
HOW TO INVEST IN BITCOIN, by James McDonald and Zachary Kastenhuber is a "must read" for the beginner investor in Bitcoin. With analytical skill and strategical precision, it becomes clear that co-author, James McDonald shines in his finance investment expertise as he effortlessly introduces the reader to the exciting high-tech world of digital money. Indeed, McDonald's straightforward approach guides the reader through a clear unfettered understanding of how the explosion of Cryptocurrency is fast becoming the G.O.A.T investment of the 21st century [pg 25]. Impressive!
How best to grab the reader? You begin with 'testimonials' of individuals who invested in Bitcoin and were successful. Indeed,the first chapter in HOW TO INVEST IN BITCOIN, unabashedly proclaims, "Instant Millionaires" as the title. Yes. The book is bold. It's direct. It's gutsy. And it's audacious. But then, for the investor who is looking toward to a future with a good understanding of Cryptocurrency, my guess is that Bitcoin will be a big part of their investment strategy/ portfolio. Because audacity is part of their nature too!
Down the road, Wright promises to make more changes to bring Bitcoin SV closer to the 0.1.0 version of the Bitcoin protocol. The block size limit will eventually be increased a lot more or even removed entirely. DSV will be dismantled. (Wright goes so far as to claim DSV would make Bitcoin ABC and its miners illegal. On Bitcoin SV, coins held in “DSV addresses” will likely be turned into donations to miners.) P2SH transactions (which allows for much transaction flexibility and was introduced in 2012) will be depreciated. More old OP codes will be restored. And the nChain chief scientist alluded to bringing “lost” coins back into circulation. (Where “lost” presumably refers to coins that haven’t moved in a long time.)
However, the problem is for people residing in countries where there is no Bitcoin exchange and users have no option of transferring funds from their bank accounts to purchase Bitcoins. This makes it really hard for the users to hold Bitcoins now and with the prices surging at a rapid pace, it might be too late for many to get hold of Bitcoins. But that is where we come to rescue. How you may ask. We have come up with other options through which you can buy Bitcoins.
There is almost no difference in the way of purchasing. Whether you would buy Bitcoin with credit card or through the bank transfer, it is easy and safe at CEX.IO. The service completely combines what one needs, including attractive prices, competitive fees, and easy navigation. And the simple process for conducting a purchase will eliminate any uncertainty. So, to buy Bitcoins on CEX.IO, you need to: