Put your money into Bitcoin

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ll just talk about Bitcoin – the cryptocurrency from the Internet. Without state control. It should be democratic, inflation-protected revolutionize the financial system. But many it comes invest primarily about money.Because the value of the oldest cryptocurrency is exploding : the beginning of the year cost a Bitcoin around 1,000 euros . Now it is 9000 euros .

And who puts money into Bitcoin, heats the course at further.

Whether the rise continues and small investors go through the following facts now can hope for profits – unclear . Bitcoin is not less complicated than an index fund. But while many prefer to stay away from the speculative stock market investing now in Crypto.

Here, this is all but certain.

Bankers and financial supervisors warn strongly against the digital Coins: be un regulated unpredictable . Speculation, hacker attacks and robberies in Bitcoin platforms can vary the course.

Still, the currency is experiencing a hype . Clear: While our banks and savings always new fees come up and there is money in the account for virtually no interest, Bitcoin Investors are just rich .

(Picture: AP / Jens Kalaene)

The cryptocurrency has only existed since 2009. In August, it has again divided : In addition Bitcoin is now also Bitcoin cash . And then there are hundreds of other crypto currencies seeking trailer: Ethereum, Litecoin and the rest of them.

We asked young people why they invest their money in crypto currencies:

Christoph Janssen, 31, Haldern, master carpenter

I wanted somewhere to invest money for years. But the equity and foreign exchange market has always put me off. The system is old and complex, it takes my eyes a lot of knowledge and time. In the crypto world, everything is at the beginning. One can invest at relatively low prices in some Promising.

In July I have the first time for 200 euros Litecoins bought on the platform Coinbase.

To inform me, I initially much in the Facebook group “crypto currencies block chain, Bitcoin – simple, clear and without rip off” read. The group leader Dr. Julian Hosp co-founded the company TenX crypto. In his YouTube videos, he explains the whole system even for laymen to understand. At the talks in the group I have partly based my purchase decisions.

Perhaps the comparison is not something – other: first, no one wanted to know what about this “Internet,” and what has become of it?
Christoph Janssen
Meanwhile, I’m in a paid, international crypto trade groupwith about 20 people. Three specialists give so-called “call” on the basis of analyzes, such as those found on the stock market. Really crazy. 85 to 90 percent of the guys actually right.I think it leads in the future no way around crypto over. I have read many times that the crypto world is compared with the beginning of the Internet.