As a newbie or beginner in the bitcoin forum these are the things you should know,because bitcoin is an electronic form of investment so as such need to know all the rudiments on how it is been operates,I have made to understand that it is important to have little knowledge about the bitcoin market system and its operation,cause if you fail to observe this principle there’s a tendency that you will not last long and you’ll not make it in your investment as far as bitcoin is concern.Bitcoin investment is quite different from any other investment you can think of,so as such you need to pay attention to details before investing.Though,bitcoin is the safest and coolest form of investment which i can confidently commends anybody without looking back because i know what that person will stand to gain in the end.
Bitcoin was not intended to be an investment asset, but it was created to be an electronic form of money that is decentralized and allows peer-to-peer transactions without the involvement of a third-party. It became an investment option when people saw that it has the potential to grow in price because, unlike fiat currencies, Bitcoin has a limited supply, which makes it scarce and based on the demand and supply formula, its price goes up as the demand increases.
When someone decides to start using Bitcoin, either for investment purposes or as a mode of payment to send and receive transactions locally or globally, it's important for them to understand how it works. You can't use something if you don't know anything about it or its history. Bitcoin has a very interesting history, if you haven't read or researched about it, you should do, apart from the regrets that why you didn't come to know about it earlier, you will find it fascinating.