What is bitcoin?
Regardless, new traders are generally advised to enter the world of bitcoin investing with the mindset that they could lose most of their money. « What makes Bitcoin so special is that it has a finite supply of 21 million coins, with only a couple million left to be mined, » explains Edward Moya, chief market strategist at OANDA’s MarketPulse. « Simple supply and demand for Bitcoin is the main reason why prices have skyrocketed over the past year. » In other countries—particularly those with less stable currencies—people sometimes use cryptocurrency instead of their…read more