How To Invest In Bitcoin - A Beginner's Guide



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Investing in Bitcoin is like playing the lottery: You can win some lotto money, but you also need to buy tickets for future draws. If you’re just getting started with cryptocurrency investing, you might want to consider putting some money into a coin right now. There are many ways to invest in Bitcoin and other digital currencies, and each strategy has its own unique risks. But there are plenty of ways to invest in Bitcoin that aren’t Alternative Investment or Las Vegas blackjack tables. Read on for a list of top-notch ideas that will turn you from risk taker to investor in no time.



What is Bitcoin Investment Trust?

The Bitcoin Investment Trust (BIIT) is a investment fund that’s managed by a partnership between Govermon and Trust Forum. The fund’s assets are invested in digital currency Bitcoin and a variety of related investments. The fund’s promoters Don Tapscott and Cameron and Tyler Winklevoss are virtually unknown to the general public at large, but under the stewardship of the trust’s managing director, they have built a serious crypto-based business.


Why Invest in Bitcoin

A lot of people are interested in investing in Bitcoin because they’re the new gold. They’re cheap, they have lots of assets (over $1T worth), and they have no history of fraud or broken promises. People want to invest in Bitcoin so they can get rich quick and without the hassles of putting up a bank account or dealing with financial regulations. If you want to invest in a new digital currency that’s really cheap to buy and hold, then Bitcoin is the way to go.


How to Buy Bitcoin

You can buy Bitcoin with credit or debit card. Credit cards are usually good for cash payments, whereas debit cards can be used to make purchases with fraud-prevention devices like cash-back machines. Remember that you must have an account with the right bank to buy Bitcoin. Get a business credit card so you don’t have to settle for late payments. Some banks also make cash withdrawals easier with cash-back programs. You can also use an online marketplace to buy and sell cryptocurrencies. If you’re not sure where to start, there are many online marketplaces where you can buy and sell cryptocurrencies. Be sure to read the transparency and privacy policies of each market place you choose.


5 Ways to Invest in Bitcoin

Given how cheap Bitcoin is, it’s no surprise that large financial organizations like Citigroup and Royal Bank of Canada are major investors in the digital currency. Besides being believers in the currency, these banks also have significant investment and trading interests in the stock and real estate sectors. Citi and Royal Bank are also significant shareholders of Trust Forum, which is owned by the same financial institutions.


The Ethics of Bitcoin

If you want to invest in Bitcoin, you need to keep in mind that it’s a highly centralized digital currency. That means the people who control this currency are usually people who have access to a financial institution like a bank or Credit Suisse. Those financial institutions also hold a large stake in the Trust Forum, which they control. This means if someone takes over control of the Trust Forum, they have total control over the digital currency and its price. This means if someone takes control of the Trust Forum, they have complete and total control over it. This can be a threat to the financial system because it essentially puts all financial assets on the same level as bank accounts and cash-insurance policies. If someone can take control of the entire financial system, it could mean a lot of financial assets could be exposed to major losses.


Summing Up

Investing in Bitcoin is like playing the lottery: You can win some lotto money, but you also need to buy tickets for future draws. If you’re just getting started with cryptocurrency investing, you might want to consider putting some money into a coin right now. There are many ways to invest in Bitcoin and other digital currencies, and each strategy has its own unique risks. But there are plenty of ways to invest in Bitcoin that aren’t Alternative Investment or Las Vegas blackjack tables. Read on for a list of top-notch ideas that will turn you from risk taker to investor in no time.