Bitcoin is a decentralized digital currency that can be transferred on the peer-to-peer bitcoin network. Bitcoin transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain.
BTC or Bitcoin futures offer protection against volatility and adverse price movements. Also, it is a proxy tool for traders to speculate on the future prices of Bitcoin. With a Bitcoin futures contract, you can take a long position if you expect the price of Bitcoin to rise.
How Many Bitcoins are Left to Mine?How many of the 21 million Bitcoins are left?
There are 2.3 million btc Bitcoin left to be mined. Surprisingly, even though 18.6 million Bitcoin were mined in just over 10 years, it will take another 120 years to mine the remaining 2.3 million.
Investing in bitcoin and other cryptocurrencies is risky
It’s important to take the long view with your investments, to keep your overall portfolio in balance, and never to purchase more bitcoin (or any single company stock, or other standalone investment) than you can afford to lose.
How much is bitcoin to buy?