Why to Invest in Bitcoin

So, you've only just learned about Bitcoin, you've seen that people have become millionaires through investing in it. LEON LOUW says (Nobel Peace prize nominee.) "Every informed person needs to know about BITCOIN because it might be one of the world's most important developments." Your question is: "Can I still do the same, or has the Bitcoin boat sailed?" Fortunately, there's simple answer to this. Can you still make millions from Bitcoin? Possibly has the Bitcoin boat sailed? Certainly yes. Though Bitcoin and digital currency as a concept is still very young, created just five years ago, it has found its feet and its price is increasing. That said, there are plenty of people who have made a lot of money from Bitcoin, having invested in the early days and watched the price rocket since then. Those who invested two years ago, when the price was $5 a pop, have seen their investment increase a 9,560% to $483 per Bitcoin (at the time of writing)

How to get involved

After reading all these things about Bitcoins, it's likely you're now wondering how best to start. You've probably heard that Bitcoin are generated through a process called mining, which involves the use of computer hardware to solve complicated mathematical equations. In the past, people could use their own PCs to mine , but things have now evolved so that to make any significant return, you have to first invest in application-specific hardware that can cost thousands of dollars. Most people are choosing, instead, to get involved in Bitcoin simply by buying some of the digital currency via online exchanges, such as Bitstamp, BTC-e and BTC China, or marketplaces such as LocalBitcoins.com.

"Digital currency isn't going to go away any time soon. So, when are you going to take the plunge?" Once you're in possession of some Bitcoin, you then have to make a decision about what to do with them - do you stash them away and hope for the best, do you spend them or do you do a bit of both? That's completely up to you, but Bitcoin's value will definitely increase as its popularity increases. By all means, store some in a Bitcoin wallet, but don't just leave all of them in there, gathering virtual dust. Create another wallet that you use for spending. Make some purchases, test it out, and explore how easy it is. Tell your friends about it and give your investment the best possible chance of blossoming into the millions you're praying for. It's important that you treat Bitcoin as an investment - there's a chance you could end up making a lot of money. For now, the bottom line is that digital currency isn't going to go away any time soon. So, when are you going to take the plunge?