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Bitcoin rate across the globe is touching the sky and more and more investors want to take advantage of it. Many Indian investors are showing interest in bitcoins and many bitcoin startups companies like Unocoin, Zebpay, have made bitcoin buying and selling easy for Indians. These bitcoin startup companies allow all sizes of investors to start bitcoin trading for example you can buy bitcoin of any amount say Rs.
For individuals, who have some money and want to invest in bitcoin, it buying and selling bitcoins is somewhat confusing. China has recently shut down its bitcoin exchanges due to which bitcoin price has fallen drastically. Bitcoin trading is risky like Stock Intraday but it can give you very higher returns even it can make you millionaire.
Bitcoin is not for faint hearted. There are two ways to invest in bitcoin: Bitcoin Mining and Bitcoin Trading. Bitcoin mining is more sophisticated and require more skills along with more investment but returns are way high.
This way bitcoin mining becomes more difficult for a layman. The advantage of having bitcoin miner machine is that you can help others to mine bitcoin using your bitcoin miner and in returns you can get rewards in the form of bitcoin.
No computer hardware running cost, no skills required! In bitcoin trading, bitcoin exchanges, who own bitcoin mining machines, allow everyone to invest in bitcoin and in returns they charge you a small or reasonable fee. Currently there are many bitcoin exchanges out there to buy bitcoin like Coinbase, Zebpay, Unocoin, LocalBitcoins etc.
First you will need to decide whether you want to start bitcoin mining or bitcoin trading. If you want to mine bitcoin then I advise you gather more information on this topic by watching videos on Youtube or reading articles related to it.
You can find many resources on internet to start bitcoin mining. Similarly, if you want to invest in bitcoin through a bitcoin wallet company then research and find a list of best bitcoin wallet companies. Here I want to say that read more and more articles to find best bitcoin wallet companies, and then choose companies those are recommended by many.
It finding a best bitcoin wallet company is like doing a science experiment in a laboratory; in which scientists repeat the same experiment again and again to obtain a precise or average value. Currently, there are many renowned bitcoin exchanges in India from whom you can buy bitcoin. Like I said read more and more articles, it will help you find a best bitcoin wallet. You can do some more research to find more bitcoin companies in India. Above list of bitcoin wallet companies is for information purpose only.
Please verify these bitcoin companies before starting bitcoin trading. As per current scenarios, bitcoin has potential to give you high returns. This post is for information purpose only. As you know cryptocurrencies are highly volatile therefore invest in them on your own risk. Sunil Kumar is a blogging enthusiast.
He loves writing and sharing thoughts. Here at Ilainfo, he covers technology, investment, cryptocurrencies, banking, insurance and the like topics. He'll really appreciate if you would like to join him on Facebook , Twitter , Google Plus. Your email address will not be published. Notify me of follow-up comments by email. Notify me of new posts by email. Leave a Reply Cancel reply Your email address will not be published.