Post
Topic
Board Bitcoin Discussion
Re: Reasons to be attracted to Bitcoin
by
Nrcewker
on 23/07/2023, 08:38:45 UTC
Currently, there are more than 1000 cryptocurrencies in operation around the world. However, Bitcoin is the most popular in the exchange.Created by Satoshu Nakamoto, Bitcoin has a current market capitalization of several hundreds of billions of dollars.

 The main reason why most people are attracted to Eptocurrency is that it offers huge profits with low investment.Again, if its value suddenly decreases, there is a possibility of loss.

Profit is not the only reason for which people are attracted towards Bitcoins. It’s the freedom that they get from Bitcoins which binds them with the coin. Yes you can get huge profits from small investment, but the main reason people are investing in Bitcoins because of its decentralised nature. Bitcoins cannot be controlled by any government or governing body, hence people are saved from paying unnecessary taxes and fees. When people store money in bank, then completely don’t own it. But in case of Bitcoins, the whole finances belongs to you only.