2017 saw a dramatic rise in Bitcoins, before investing in Bitcoins you should know what it is ?? Bitcoin is a Cryptocurrency or Digital Currency, when you invest in bitcoin it means you are buying currency.
TRADING
Basically means, keeping the crypto-currency for short amounts of time to take advantage of volatility in the immediate trading horizon. Some strategies are as simple as buying bitcoins at a one price (low) and selling it at another price (high), to other complicated trading strategies such as hedging or margin trading to maximize leverage.
HOLDING
It means buying bitcoins and keeping it with you expecting its value to appreciate over time.
Always keep these things in mind before investing :
Bitcoin as an investment is very risky, so buy only that much which you are willing to lose.
Don't buy in one go, break into pieces and buy.
UNSTOPPABLE
The price of Bitcoin is unstoppable as you have seen according to the recent trends, and is expected to keep on rising.
ADOPTION
As days are passing more people on daily basis have started to adopt bitcoins. Currently there are around 1,150 Bitcoin Atm's around the world, and it is also expected to rise as time pass.
SAFE
Bitcoin is a digital currency, it can be altered or manipulated or hacked, the transaction can not be reversed like it happens with credit card. Once the Bitcoin is sent its ownership changes to new person.
FLEXIBILITY
As it is traded 24*7, it means you can buy and sell bitcoin anywhere in the world no need to worry about daily limits or crossing border or holidays or any other limitations which you face while doing bank transaction.
EASY TO TRADE
Trading bitcoins is simple, buying requires bank account or credit or debit card. Same way transferring is also easy, the most important point is once the transaction is done it is impossible to revert.
APPRECIATING VALUE
Last six month suggests you bitcoins stability and rise in its value on daily basis, not like the starting years were it was highly volatile
There was a huge push, a lot of FOMO and lots of developments too. All in all it's a good thing