Before you venture into a crypto space and even thinking of investing in a bitcoin,you should ask yourself first whether bitcoin is an asset or not,we all know that asset is what adding value or appreciating with time.If eventually bitcoin is an asset how do i go about the investment aspects of it.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.
At first, when I was just starting in cryptocurrency I dont really think Bitcoin as an asset and the way I understand it is, it is just a digital gold or digital currency something like that but not really as an asset but overtime I kinda realized what Bitcoin really is and why it is even better than other investment, to the point where you could invest on it and profit on it more than the real tangible assets in the market right now. Probably that is the only thing that make it different from other assets since its not a tangible assets its more like a digital asset. Kinda similar to stock but stock is back up by real company assets compared to Bitcoin where the market price is just depending on the supply and demand in the market.
At the moment Bitcoin and cryptocurrency are already considered as an asset and already similar to stocks, we already see a lot of countries already recognize crypto and Bitcoin to the point that they are already planning on making cryptocurrency reserved as an investment, so that's already proven the point that Bitcoin is an asset, still cryptocurrency and Bitcoin is a risky investment and asset compared to other, so its already better to diversify your investment and assets, so that you could easily minimize your investment risk. Personally, I'm gonna be willing to sell some of my cryptocurrency just to buy something like real estate or a house, land, etc. just because it's a tangible asset and it's a much safer investment. But I wouldn't sell all of my cryptocurrency just to exchange it for other assets.