#BitcoinBasics
🚀 What is Bitcoin & Why People Buy It?
Bitcoin is the world’s first decentralized digital currency, created in 2009. Unlike regular money, it’s not controlled by any bank or government — it runs on a global network of computers using blockchain technology.
💡 Why people invest in Bitcoin
High Return Potential 📈 – Early investors saw massive growth, and many believe it will continue to rise over time.
Store of Value 💎 – Often called “digital gold”, it’s seen as a hedge against inflation.
Global & Borderless 🌍 – Send or receive anywhere, anytime, without middlemen.
⚠ Why Prices Are Volatile
Bitcoin’s price moves sharply due to supply & demand, global news, regulations, and investor sentiment. This volatility means it can rise quickly — but also drop just as fast.
🔑 Tips for Beginners
Start small – You don’t need a whole Bitcoin; you can buy a fraction.
Choose a trusted exchange – Stick to well-known platforms with strong security. Ex - binance etc
Hold for the long term – Short-term swings can be stressful, but many investors focus on the big picture.
📌 Remember: Bitcoin is exciting but also risky for short term and profitable for long term. Research before you invest!