If you’re like most people, the answer is probably “no.” As of early 2019, there were only about 18 million Bitcoin in existence, and it’s estimated that less than 10% of the world’s population owns any Bitcoin at all. So why do people keep talking about Bitcoin like it’s the next big thing?
For one thing, the price of Bitcoin has been on a tear lately. After languishing around $1,000 per coin for several years, Bitcoin surged to nearly $20,000 per coin in December 2017 before crashing back down to around $3,000 in 2018.
As of early 2019, Bitcoin was once again trading above $10,000. So if you had invested just $100 in Bitcoin in 2010, your investment would be worth millions of dollars today.
Another reason why people are excited about Bitcoin is because it represents a new kind of asset class. Unlike stocks or bonds, which are backed by real-world companies or governments, Bitcoin is a decentralized digital currency that isn’t controlled by any one entity.
NOTE: WARNING: Investing in Bitcoin and other cryptocurrencies is highly speculative and involves a high degree of risk. It is important to remember that investing in Bitcoin on Voyager can lead to the total loss of your funds. Therefore, you should never invest more money than you can afford to lose. Furthermore, it is important to understand the highly volatile nature of Bitcoin, as prices can change rapidly and without warning. Before investing, please read the full terms and conditions associated with Voyager and consult with a financial adviser before making any investment decisions.
This makes it much more volatile than traditional investments, but also potentially much more lucrative.
So should you invest in Bitcoin? That’s a decision that only you can make. But if you’re looking for a high-risk, high-reward investment, Bitcoin might be worth a look.
do you own bitcoin on voyager?
No, as of early 2019 I do not own any bitcoin on Voyager.
8 Related Question Answers Found
Voyager, found online at Voyager.com, is a new crypto asset broker that promises to offer commission-free trading of over 15 different digital assets. The company plans to launch in early 2019. So far, Voyager has been tight-lipped about how they plan to make money.
When you buy bitcoin on Webull, you are buying a digital asset that is not bound by any government or financial institution. Bitcoin is stored in a digital wallet and can be used to purchase goods and services, or exchanged for other currencies. Bitcoin is a decentralized peer-to-peer electronic cash system that does not require a central authority to manage or oversee transactions.
Assuming you are referring to the popular cryptocurrency exchange, Voyager, the process is actually quite simple. After creating an account and verifying your identity, you will be able to deposit fiat currency (USD, EUR, etc.) into your account. Once the deposit is processed, you can then buy Bitcoin and other supported cryptocurrencies.
When it comes to Bitcoin, there are a lot of questions that people have. One of the most common questions is whether or not Galaxy owns Bitcoin. There is a lot of speculation out there, but the truth is that no one really knows for sure.
Charles Hoskinson is an early investor in Bitcoin and the founder of Cardano, a blockchain platform for smart contracts. He is also a co-founder of Ethereum. While Hoskinson does not disclose how much Bitcoin he owns, it is safe to say that he is a significant holder.
It’s a common misconception that when you buy Bitcoin on an exchange like Gemini, you “own” the Bitcoin. In reality, what you’re actually doing is buying a fraction of a Bitcoin on behalf of the exchange. You’re essentially giving the exchange money and trusting them to hold onto the Bitcoin for you.
Elon Musk is the founder, CEO and CTO of SpaceX, co-founder of Tesla Motors, and chairman of SolarCity. He is also the founder of The Boring Company, a tunnel construction company. In addition, he is a co-founder of OpenAI, a non-profit research company that promotes friendly artificial intelligence in order to benefit humanity as a whole.
Bitcoin Com is a digital asset and cryptocurrency exchange company headquartered in St. Julian’s, Malta. The company was founded in 2013 by Brock Pierce, David Johnston, and Roger Ver.