Even from the first time I heard it's name, Bitcoin, it sounded so professional and interesting and from reading my experience with trading Bitcoin, I will let you know much about it that you never knew. I will even let you know how much it has contributed to the rise of a lot of people around me, you will get to know about a lot of things, just keep on reading.
First of all, I will like to start by explaining briefly about this project. As a matter of facts, Bitcoin, BTC, is a cryptocurrency and when I talk about cryptocurrency, it is not just a cryptocurrency but a very popular one for that matter. Bitcoin has been a very popular cryptocurrency as it has gained popularity over the years now and I think one day, it might just be know as the world's currency and as I am speaking to you right now, Bitcoin, BTC, is or permit me to say that Bitcoin has already rising to the top, sorry if I have overrated it in a way it should not be but trust me, it is true.
For the first time I heard of it, as we all know, it is one of the first cryptocurrencies to have been released and I am pretty sure you know that. Back to base, just as I was saying, the first time I got to know about cryptocurrencies, Bitcoin, BTC, was the very first cryptocurrency I got to know about but at that time, I was still very young and so I had no enough finance to start up even though it was still very cheap at that time when compared to how much it was at that time.
At that time, many people in my country, Nigeria, was still in a very high stage of illiteracy when it comes to Blockchain technology because we are still referred to as developing countries till date but as for people who got to know about it and regarded it as a good investment, they put their wealth in it disregarding the negative aspects of it which is the risks but trust me, they are really enjoying it now and I am sure you know why.
Many people around me really got scared of losing their wealth because at that time and till date, there have been a lot of scams and no one wanted to fall for a scam, so as the price grew higher, they sold the available balance of their Bitcoin, BTC, however, the faithful ones still let theirs undermining the risks behind. Just like one of my uncles, he bought his own Bitcoin at the rate of 1000 Naira per BTC and sold it when it rose to 2500 Naira, but today, Bitcoin has risen to millions of Naira and for sure I think he regrets it dearly.
I'll like it conclude by saying that; many people are now millionaires and billionaires as a result of investing in BTC but that doesn't conclude that you would also grow rich from it due to the pause in the rise of its price but never the less, since it is still a very popular cryptocurrency, you should try it out yourself if you wish.