BITCOIN, An Improbable Ride to Heaven?!

Pls find or download eBooks to understand what it is.
Bitcoin is part technology, part investment, part store of value, part medium of exchange, part rebel, part political. Almost 7 things in one.

The bitcoin code was cracked in 2009 by Satoshi Nakamoto. Basically, he solved the problem for infinite decentralization & motivation for sustaining a global currency outside any singular governmental regulation.
It is not mmm nor an Mlm scheme.
The current noise about BTC is largely the noise of regrets and the noise of global portfolio managers trying to convince their clients why they haven't invested in it yet.
Most people are actually not happy at the current bitcoin high raise price because this destroys all assumptions and knowledge about the technology and investments generally, who wants to buy now at $20k per 1btc, if this thing might crash to $400 later, who wants to hold cash when it might raise to $50k per 1btc, hence the delima, to be in or not to invest, even Richard Quest of CNN is very worried.

As for Nigerians, the several fringe Mlm systems built from the trench heaps of bitcoin dusts is what people are shouting about.

The very Best way to invest in bitcoin is to buy direct from major sites like localbitcoins.com or blockchain.info or luno.com or buy direct in person and then walk away, lockdown for 100days. Anything short is Hypertension.
Because bitcoin is divisible by 100,000,000 any quantity purchase is possible in a secure wallet!
Btc swings massively, could be $20k today and $14k tomorrow then third day $22k then fourth day $12k, massive swings not good for thw faint hearted.
Lastly who has 1btc at hand or N6m cash and is on the streets shouting? None!
The times BTC schemes are sustainable is over.
My advice? Stay close but not in its eye, too many fingers burnt already.

Right now the Chicago Mechantile Exchange rangers are out with futures contracts notes (ropes) to tame the runaway bitcoin bull that have survived two major splits and its still raging hard.

Potential runoff factors are the USA, South and North Korea nuclear standoff,
China, Russia, Japan and the Philippines adoption. Political Instabilities in several nations, Increasing global remittances and hyperinflation in some few economies.

One good news is that the high prices are encouraging massive alternative and renewable energy source developments and deployments for cryptocurrency mining and for domestic distribution of the excess energy charges.
The era of seeking super cheap electricity to mine btc is coming to an end as mobile power sources are maturing.

Femifoluwa LADEHL is a Life and Biz Coach with Angecrossng