Is it possible to achieve compound growth when I engage in Bitcoin investment? Einstein – “Compound interest is the eighth wonder of the world; he who understands it earns it and he who doesn’t pays it.” We hear numerous talks with respect to the path forward for Bitcoin, would it be able to help in prominence? Will the value increase? How secure is it to be a conceivable investment? I was able to hear numerous discussions on regardless of whether to exchange, mine as well as do cloud mining, yet I was not able to hear any discourse of expert investing or just even apply the professional investing theory to Bitcoin. Now supposing that we were to utilize the perspective that a great future awaits for Bitcoin, its prominence is going to rise, and its value will remain or possibly rise since we already know basically that its value is better than a fiat currency.
Since its inception, there have been questions surrounding Bitcoin’s ability to scale effectively. Bitcoin is a cryptocurrency that exists within network of computers, within the blockchain. This is revolutionary ledger-recording technology. It makes ledgers far more difficult to manipulate for a couple reasons: The reality of what has transpired is verified by majority rule, not by an individual actor. And this network is decentralized; it exists on computers all over the world.