If you are planning for investment, you must have come across the term Bitcoin. Basically, Bitcoin is a digital currency that has helped people to make an easy transaction. When it comes to investment, you must make sure that it is made in the top Bitcoin stocks. Your dealings will certainly be based upon the market capitalization basis.
Now, first of all, how did this Bitcoin gain so much attention?
Bitcoin was created in the year 2009 by a programmer. However, it received good attention and controversy at the same time by the people and was being used as an alternative to the other currencies. Instead of dollar, Euros and other commodity currencies like gold and silver, it was preferred by the people.
Bitcoin did not receive attention from the people in the initial year 2009. However, after a couple of years in the period of 2011 to 2012, it gained around 300 percent. As a result, in a gradual manner, it started receiving a good response from the mass as a crypto currency.
Ways to Invest in Bitcoin
Buy Bitcoin directly
You can easily purchase the Bitcoins by making use of the credit card or debit card. One can easily enjoy the delivery of Bitcoins in an instant manner. In general, first of all, digital Bitcoins wallets are created prior to the purchase of the coins. The wallets can easily be linked with the bank accounts. Users further can easily buy the Bitcoins from the online marketplace, which is referred to as exchanges in the same manner as other crypto currencies are bought.
Through Bitcoin stocks
There is some recognized Bitcoins stock like Square INC (SQ), Advanced Micro Devices (AMD), Overstock (OSTK), and many more, which will add weightage to your investment portfolio and should be invested on.
Using Bitcoin futures
The introduction of Bitcoin futures has certainly helped in regulating the trading venues. Hence, it has helped in easy investment and brings the digital currencies closer to the investing streams. It is certainly an agreement when one agrees to buy or sell the asset is prefixed before the day. It is basically speculation of the Bitcoin price.
There is no doubt in this that the volatility attached to the Bitcoin is considered to be a matter of concern for both the investors and traders. So, it is necessary to manage the risk in a planned manner and reap maximum benefit.