BITCOIN

 

BITCOIN 2.0

I request you that I had uploaded a blog even before this blog ,  you all read that blog so  you do not have any difficulty in reading and understanding

You must know that with the speed with which BITCOIN goes up, with the same speed it also gets dumped. Now it is currently at its all time high price, after that it may go up a little more and may go down a lot. With this, let us tell you that in 2017 and 2018, when its hype was created, then it had crossed 14 lakhs. Then the people of America saw that it is not taking the name of stopping and it is increasing 1000$, 1000$ every day that we also invest in it and people took loan and invested in it in very high percentage and after that BITCOIN got dumped and those people went into depression, so you should invest the same money in it which is your own.
That too should be some present of your entire money and tell that in 2018 RBI had banned it.
RBI had announced to banks not to transact with crypto exchange

 The question is why did RBI do this?

It is not necessary for you to know that crypto currency also has some negative points. Meaning that you must have heard about the dark web, where people take payment in bitcoin.  Bitcoin transactions are very difficult to track and there is a problem that anyone can create their own crypto currency. At that time people made many fraud companies and money was spent from the market. Meaning that people did not have much understanding in the market at that time and they started selling their tokens by making them. Every month, he used to give some reward to the people every day i.e. he used to give a fixed income and it was only money circulation. That is, giving one's money to the other and the other's money to the third.

So do not invest money in such a scheme where you are given a solid income, every month this is all money circulation. As long as the money kept coming in that observance, then you kept getting fund or fund percentage and when the money circulation would stop, at that time he became a fraud.
The reason for doing this was the negative value of crypto currency, so for this, it was decided by RBI that crypto banking should be banned.
In India, the company was working since 2013 and it used to take our money in INR i.e. in Indian Rupees and exchange it in Bitcoin. Some business owners made decide that we challenged the banking ban in court After which he got a chance to explain to the government and RBI how this crypto currency works from the block chain method
They say that crypto currency is also negative points, it happens in other properties too. Meaning that there are many other frauds happening in the country and there are many fraud schemes too. There are many fraud products too.
A lot of frauds are also being done above properties and fake currency is also being made in the country. The rest of the hacked thing, he said that even though banks and stock exchange software can also be hacked. That is, the problem of these in BITCOIN  is in every other business.
So we should not look at it with a different point of view, this meant that even after banking was created, people did not stop buying BITCOIN. Meaning that after someone will have a record of someone, those people will buy BITCOIN directly among themselves.
After which the court had to accept them in 2020 because they could not prove it.
And with Article 91G of the Constitution, every citizen can carry on any business or trading on a fundamental basis.
Meaning that a citizen has the right that he can do any trade or business So it's a big deal that  RBI to be defeated in court. After which the Supreme Court opened the crypto ban in 2020 and RBI had to remove this ban.

Now the thing is, why are people so interested in BITCOIN or any other coin in all this? Really this can make you a millionaire? So the reason behind this is that its record for the last 5 years
BITCOIN has given huge returns in the last 5 years Meaning that like nowadays we invest in mutual funds, we do in stock market but what we get from BITCOIN is not found anywhere else. There are very big people of the world in this, they also invest a lot. Like Mike Tayson, tweeter  CEO, Tesla  CEO Elon Musk, Bill gates, Jack ma chairman of Alibaba, Leo Messi, Area Asia and many more companies are definitely investing some or the other in this.

 Facebook is also coming with its Libra coin

The thing is that in India we can buy or sell it Now many schemes are going on in India, with the help of which you can invest in BITCOIN or any crypto. You should understand that this is an opportunity for you as well as a risk. It is not necessary that this market goes up, it also comes down and also goes up. So do study it for some time, only after that you invest in it for even longer term and it may give you huge profit We should take this thing along with the society and after understanding you invest in it and may it give huge profit in your life So in the end it must be said that BITCOIN is at its all-time high Seeing its price increasing every day, don't put too much Amount in it.

Maybe it gets dumped and it gets dumped so much that you will be shocked to see
You can pay a little attention to a lot of currencies which are getting 20 rupees and also 2 rupees.
In 2020, the market has become very intelligent, people have come to know that they should invest in the exchange.
Whether it is for one year, it is for 2 year
In that, when the rate of the coin increases, the profit will be there, the loss is when you have bought the coin at the expensive rate. And if it goes down and people take out their money out of fear, then they will be at a loss. But if you let your money stay in the middle of it, then whenever the market goes up, you will get profit for 1 year or 2 years.

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