Cryptocurrency prices have plummeted, but analysts predict that Ethereum may double and replace Bitcoin from there
What is Bitcoin and is it safe?
Bitcoin Is an Virtual currency It was created in 2009 by an unknown computer expert using an alias Satoshi Nakamoto.
Unlike physical currencies such as British pounds, U.S. dollars, or euros that appear in the form of banknotes and coins, Bitcoin will not be printed or minted. Instead, the Bitcoin token is a digital form of payment only, created by computer code.
If you have invested in Bitcoin, you can set up a virtual wallet to store, track, and spend your digital currency.
You can also buy Bitcoin through online exchanges or Bitcoin ATMs-but not all businesses accept Bitcoin as a payment method.
Anyone who wants to invest in Bitcoin or any other cryptocurrency should be very careful. Their value is incredible, their ability to drop suddenly as they rise rapidly.
Like all cryptocurrencies, this means that if you choose to invest in Bitcoin, you may suffer losses when the value of Bitcoin drops.