When Bitcoin appear and flourish with value Spike, many people hesitant with the decision should deal Bitcoin? To answer this question, you must first understand the nature of what is Bitcoin? Play Bitcoin? Does Bitcoin bring the opportunities and risks? They are nothing when playing Bitcoin. From there you will have an exact answer for myself.
What is bitcoin?
Bitcoin is a kind of virtual money, electronic money, are managed and monitored by a series of computers on the Internet. Each player will own a Bitcoin wallet (Bitcoin wallet) to keep the Bitcoin and details all the transactions. Users can buy Bitcoin in trading or through intermediary sites. Besides, people can also dig Bitcoin using computers with powerful configuration, the algorithm and get the number of Bitcoin respectively.
Should we play Bitcoin?
Although the play any better, then you first have to understand the rules of it may hold the winning hand. Bitcoin can make you rich quickly but can also make you White hand momentarily. Its value can fluctuate at any time.
Bitcoin is a kind of virtual money so the market will be affected by the Bitcoin elements related to the Internet as the transmission, hacker, hackers, ... In fact, there have been so many times this virtual currency been hacker attacks, or the sudden stop trading activities.
Ourselves on being created from the Bitcoin until now also experiencing numerous periods of ups and downs. There were copper 1 at the value of bitcoin falling only by a few cents. One of those ideas that are the end of this virtual coins, but only sometime later, the Bitcoin step boom, a range of developed countries such as the US, Japan ... started officially recognized Bitcoin and other virtual currencies are one of the methods of payment of the country.
Easy to understand words, play games as well as a form of Bitcoin stocks so, there will be huge opportunities but also potential risks. You must make sure that you've grasped the full nature and playing Bitcoin before deciding to invest a large amount on it.
The knowledge needed to know when would like to invest the bitcoin
When intending to invest virtual money, you should really grasp the information around it to limit the risk and trouble may occur.
Bitcoin is electronic money is worldwide interest because of its growth. So, many big investors, even those developed countries also built the system to store bitcoin.
Over the years, along with the development of science and technology as well as the electronic network system, the virtual coins were born and officially became one of the valuable currency in circulation around the world.
Need to have a correct understanding of the concept of the virtual currency of the bitcoin. Virtual currency does not mean it has no value, there is no truth. That it is a kind of electronic money, circulating on the Internet. People don't grasp, put into such kinds of money usually but owns bitcoin through an e-wallet on the Internet. People can still buy sell, barter with bitcoin range in a certain and convert into cash if desired. Even at the present time, when writing this article, the equivalent of more than 1500 bitcoin 1 u.s. dollars, worth of virtual money is actually very high. Some developed countries such as the US, Japan ... has acknowledged the value and potential of the bitcoin, allow circulation, transaction bitcoin publicly, legally. Currently, in Vietnam also has 2 ATM tree bitcoin in Hanoi and Ho Chi Minh City.
Bitcoin, unlike other currencies, it is not because of a certain country, governed by a State Bank, influenced by inflation, devaluation. When using bitcoin you don't need an intermediate unit, transaction fees and payments are also very low, just have a network connection to the Internet. As such, these virtual currencies are very much favored by businesses.
However, what is also the potential risk. You will not be able to use these virtual currency transactions and as if the Internet is interrupted. The value of bitcoin while stability but also can change up and down in time, similar to a unit stock at price increases and have at the slump.
How long does Bitcoin excavator investment financial?
The time taken to capital mentioned above only refer to you but basically, you invest as much, then the time will be faster.
It is difficult for a beginner to participate in digging bitcoin must throw out investment costs from 40 million, minimum 30 million to buy a VGA card. The digging will not have the ability to invest in professional training system (except the village elders were hoeing income quite long), which must look to the program earn free bitcoin. The question is how long will recovery Bitcoin peach capital? Depending on the web page that you dig, as well as the way in which your investment payback time different slow-fast.
Cloud rental investment dig bitcoin (cloud mining)
For investors in the medium term and long term profit calculated by month or by year
We advise you should mine Bitcoin as low-risk and profitable
There are many large investors, they invest the computers are configured as the terrorist is only super dug coin by coin intensive algorithms.
Then they will allow you to create an account through the Website, and invite you to become a partner by purchasing the investment the clouds peach, the nature of which is the VPS host or digging speed (MHz/GHz).
Basically, the more you invest, the more you have chances to earn more money Bitcoin. Time is 3-7, the provider options. So in the first few months, you just return rather than acquire a coin Word. But if you bear the long-term investor will collect large profits
The advantage is that money automatically run your Bitcoin wallet account without loss of effort management.
The downside is only for short-term investors and the long term. You would like to make fast food should not this way
We would like to introduce you to 3 clouds rental service which is the Genesis HashOcean and Eobot, Mining. After examining the three services differ as follows:
- Genesis Mining payback is about, 3-4, training duration is 2 years Bitcoin
- Hashocean time is about, 3-4, training duration is 2 years Bitcoin.
- Eobot time is about, 6-7, training duration is 5 years Bitcoin.