If you have not heard of Cryptocurrency or at least Bitcoin yet, you are seriously missing out. These past couple of year’s Cryptocurrency, especially Bitcoin, took a boost in its popularity and continues to rise. Investing in Bitcoin has very high risk but also a very high reward. Some like to take the risk while others are still curious to what it actually is and what it can do; such a mysterious thing to surface publicly.
“Virtual currencies, perhaps most notably Bitcoin, have captured the imagination of some, struck fear among others, and confused the heck out of the rest of us.” –Thomas Carper, US-Senator
Before its rise to fame Cryptocurrency was something only known to the users of the Dark Web or sometimes referred to as the Dark Net. Bitcoin surfaced when a mysterious user of the underground World Wide Web posted Bitcoin on a crypto forum. They went by the name Satoshi Nakamoto, whose real identity remains a mystery to this day.
I used to research the Dark Web a few years back, I was obsessed with the fact that Dark Web info was untraceable. This led me to come across Bitcoin 3 years ago. I really started to become interested in Cryptocurrency, but I did not think much of its value, and looking back now, I wish I had taken it much more seriously. Three years back I had some apps that I would play to earn Satoshi which when added up to a certain amount would give me small amounts of Bitcoin. In fact, by the time I was done with those apps I had $0.25 worth of Bitcoin. $0.25 in Bitcoin today is now worth $9.00. Now you understand my pain. Yes, that is still better than only $0.25, but imagine investing $100 back then; you would have some nice bank to sit back on.
It is very easy to look at Bitcoin and its fellow Cryptocurrencies and want to throw bank in but this may not be wise if research is not done properly. Some people have mortgaged their houses to attempt for success. Some succeed and some do not, it is a dangerous game to play. The fact Bitcoin increases so quickly makes it also capable of dropping extremely quick. Invest wisely.