Do not be fooled! 4 Misleading Myths Bitcoin Investment

in bitcoin •  7 years ago 

Hello stemian and steemit friend, today i want to share about one of the most favorite forms of investment in this era is BitCoin. BitCoin itself is a digital currency-shaped alogarithm of chain blocks.

Because of the abstract form of BitCoin, many people are reluctant to invest BitCoin. In fact, in the eyes of the layman emerged some bad myths about BitCoin investments. In fact, the myth is wrong. Want to know any myths?


**1.BitCoin Must Be Purchased 1 Coin** ![image]()Image: BitCoinTalk

BitCoin's current price of 1 coin is worth Rp 33 million. But if you want to invest, you do not have to provide money of Rp 33 million. Rp 1000 rupiah aja can kok. Say you only have Rp 3.3 million, then you will get 0.1 BitCoin coins.

2.BitCoin Not Safe, Prone to hack
imageImage: TheHackerNews

BitCoin case is hacked, it's really there. But not his BitCoin system is hacked, but his wallet system. That because of user error in securing the wallet. Do not understand what a wallet is? Simply the wallet is an account. So the system itself BitCoin has never been hacked.

3.BitCoin It's Complicated, Hard to Learn
imagePicture: WallpaperUp

Actually BitCoin is easy. You create a wallet or account, then save the BitCoin into the wallet or account. It's as simple as that. But because it is related to technology, many people are lazy to learn it. Being lazy, eventually looks very complicated.

4.BitCoin That Is Gambling
imageImage: BitCoinist

BitCoin price hike is fantastic, so some people say that gamble. Back again base BitCoin it is a currency, so BitCoin is not different from dollar or rupiah. Which is a limited number of BitCoin but many are willing to buy, this causes the price to rise.


So, what dou you things guys ? Upvote and follow me @azlansugihen See yaa :)
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that help newbies. thanks man

It's for newbie like me exactly, thank you

I think Bitcoin is gaining a lot of traction from the media that is nullifying most of these myths. I think they used to ring true, but now these might be more applicable to some other Alt coins. Good read, though!

Thank you

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