Trading with Bitcoin can be quite lucrative; it can not be denied that its revaluation has been explosive in the last five years, resembling its growth to that of other big ones of the network like Facebook or Google.
While it is true, Bitcoin's prices range from astronomical, making it an investment that is excessively volatile. As a general rule, "strong" traditional currencies (such as the GBP) do not experience such steep increases or declines, as they base their value on the swing of the economy and on the regulations of their governments.
Buying bitcoins also does not resemble buying a stock or an investment fund backed and backed by states or companies that "commit" to pay; with the result that, in case of devaluation, no one would be responsible for the losses.
So is it worth investing in Bitcoin? The reality is that it seems an unstoppable process and out of control (like everything that spreads over the internet). Since its inception, many governments have tried to prohibit or limit the reach of Bitcoins and other digital currencies, hindering their entry into the markets (if China here, if Russia there).
However, more and more businesses are joining the network and banks that invest heavily in these technologies; such as JPMorgan Chase & Co's million-dollar investment in Coinbase, Bitcoin's largest platform in the world.
Therefore, everything seems to indicate that the virtual currency has come to stay, at least until the 2,140 (year in which it is scheduled that will stop producing bitcoins). The less has already led to a technological revolution in digital entertainment thanks to its blockchain technology, which has been called to change the world and many experts speak without a doubt of "the industrial revolution of the internet."
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