Wondering how to make money with bitcoin? Bitcoin is a cryptocurrency. Unless you’ve been living under a rock, you’ve heard of this lucrative, emerging sector of the financial marketplace.
But what is cryptocurrency? How is it traded and how can you as an individual investor utilize it? This guide will tell you all this and also how to make money with bitcoin.
Cryptocurrency is a label given to many different forms of digital currency whose transactions are verified and recorded by a decentralized system that operates by solving a series of encrypted codes.
Blockchain was first incorporated into bitcoin by Satoshi Nakamoto. In 2008 Satoshi Nakamoto published a historic paper that ushered in the era of cryptocurrency.
Now that you have a basic understanding of how cryptocurrency works, learning about the different forms of cryptocurrency on the market is the next step in profiting from it.
Bitcoin is the undisputed king of crypto. Created by Satoshi Nakamoto in a proof-of-concept cryptography mailing list in 2009, bitcoin soon gained unfathomable popularity amongst the fringe investment community.