▷ How to invest in bitcoin | Actualizado enero 2025

how to invest in bitcoin 2021

Virtual currencies are emerging as an alternative to traditional fiat currencies and bitcoin is their greatest exponent. The cryptocurrency has become one of the best long-term investments (full of risks, of course). Someone who invested 1,000 euros in 2010 would be a millionaire today.
The control of bitcoin lies with the users themselves. They are the ones who validate any transaction through exchanges (Point-to-Point P2P), without state intervention or any institution. In fact, the structure itself makes it impossible to manipulate its value. To make any change it is necessary that the entire community of users approve it.
Bitcoin is the first electronic currency that managed to establish itself with some solvency, but not the first to appear. What differentiates bitcoin from other attempts is its blockchain technology (more on this later).
Programmers can improve the Bitcoin software, but they cannot impose a change in the protocol. It must follow the same rules for everyone and these are created by consensus among all users with their decisions on which platforms they choose to operate, for example.

How to invest in bitcoin 2022

How to invest in bitcoin 2021

cryptocurrencies 2021

If you belong to the percentage of people who are not experts in cryptocurrencies, but you are interested in exploring the idea of investing in bitcoin and other cryptocurrencies such as ethereum, cardano or dogecoin, here is how to do it.
It is for this reason that cryptocurrencies are very sensitive to the economic policies that some countries may take or to the statements of important investors, such as Elon Musk.
And while investing in cryptocurrencies does carry risk, but there are risks that can be avoided, such as scams. The U.S. Federal Trade Commission. (FTC) reported that scammers have capitalized on the cryptocurrency boom and from October 2020 to March 2021, about 7,000 people reported losing more than US$80 million in scams.
For Greg King, CEO of Osprey Funds, a firm that invests in digital currencies – as well as other bitcoin experts – the bet is on investing beyond bitcoin. “It makes sense for investors to have a portfolio with bitcoins and ethereums for the long term and own a basket of some of the other (cryptocurrencies) to trade,” King said.