🌐 What is Bitcoin?
Bitcoin is a digital currency (also called cryptocurrency). Unlike regular money (rupee, dollar), it is not controlled by any government or bank. Instead, it works on blockchain technology, which is like a digital record book that everyone can see but no one can change.
💡 Why do people invest in Bitcoin?
1. High return potential – Over the years, Bitcoin’s price has grown massively, and many believe it will keep rising.
2. Limited supply – Only 21 million bitcoins can ever exist. Because supply is fixed, people compare it to “digital gold.”
3. Hedge against inflation – When the value of regular money decreases, some investors see Bitcoin as a safer store of value.
📈 Why is Bitcoin’s price so volatile?
Demand and supply – If more people buy, price goes up; if people sell, it falls.
News and regulations – Good news (ETF approval, adoption by big companies) pushes price higher; negative news (bans, hacks) drops it.
Market psychology – Fear and excitement make traders buy and sell quickly.
🛡️ How to start safely?
If you’re new, always:
Choose a trusted exchange like Binance.
Start small by buying a fraction of Bitcoin (you don’t need to buy 1 full BTC).
Store securely – Use exchange wallets or private wallets for extra safety.