Hello steemians,
As I have already posted that I will present a case study on BITCOIN.So,here it is....
A CASE STUDY ON BITCOIN
As we all know,bitcoin is a decentralisd cryptocurrency.Whish means no governments or banks can control or protect it
Many people asked me that"is investing in bitcoin is secure or should we invest in bitcoin""?
My answer to you is,before you get involved in something,you must know about it's history and the present stage.
Many years ago,when bitcoin was found it is used as a exchange medium.Gradually the rate of exchanging bitcoin for other products increased and now people are investing in it.
The term "INVESTING" is not very much suitable term to use in bitcoin.Investing is something that you have your own influence in it.But in the case of bitcoin,you have no influence in it.I would rather say it gambling because in bitcoin you will get :-(1)HIGHEST RISK and (2)HIGHEST RETURN.Therefore i will use the term gambling.
dont take me wrong I am not against bitcoin.Even investing in it
I will suggest you to put money on bitcoin if you have an extra source of earning.And if you have surplus money on your wallet on the last weekend of the month.
You should invest in bitcoin only a amount of money which you can afford easily because after a few months or in a year you may count those money in millions
or you may get an amount which have no value.Ultimately it may get zero.
So,invest a sum of money which you can afford and on losing it you have no regret .otherwise you may fall into a huge debt...
That's all for now
#to read the second part which i will publish soon.You can follow @rakeshnath