Bitcoin my favorite crypto currency. 100% power up.steemCreated with Sketch.

in SteemAlive4 years ago (edited)

images (2).jpeg
source

Bitcoin is a cryptocurrency invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto and started in 2009 when its implementation was released as open-source software making it a crypto currency (digitalized currency).

Over the years, the price of Bitcoin has been increasing rapidly. It first touched $1000 record in January 2017, reaching record value of $19000 in December 2017, and then dropping to just $9000 last month.

When the Bitcoin price touched $1000-mark last year, a lot of people around the world came up with several questions like: How to buy Bitcoin?, Where can I buy Bitcoin?, How Bitcoin works?, How Bitcoin transactions work?, and Should I invest in Bitcoin?

To buy a Bitcoin, the first thing needed is a Bitcoin wallet which can be easily downloaded through the Google Play store.
You can add money to the Bitcoin wallet using bank transfer or credit card.
Using this money, you can buy Bitcoins .

Once the transaction is complete, your money will be debited from your bank account and Bitcoins will be transferred to your wallet.

You can also buy more Bitcoin and sell them when the price of Bitcoin increases, then you can gain back your money used for buying the Bitcoin and also an additional gain.
I started Bitcoin trading in 2018. Ever since then, I have made some gains.

Bitcoin is the cypto currency with the highest value, approximately 9 million naira.
Making it my best cypto currency.

My Luno wallet.
Screenshot_20201128-175956.png

Sort:  

Bitcoin is great and has ushered in many other tokens.

Bitcoin is a great coin. Everybody desire and wish to have it because of the future prospect it has in the future. If I have a desire, I will love to accumulate as much bitcoin as possible. It is the future Crypto to look for most

Thank you for taking part in the Bitcoin is Booming Crytpo Challenge.

Keep following @steemitblog for the latest updates.

The Steemit Team