- What do you know about bitcoin (3 sentences)
Bitcoin is a revolutionary invention that for the first time made possible for each person to be their own bank, completely decentralized and independent of the current financial system. It operates 24 hours a day, 365 days a year and knows no boundaries or restrictions when it comes to transactions. It also has a limited supply which gives it exceptional value as it prevents anyone from creating new BTC.
- Is bitcoin or are shares more popular and why?
I think stocks are still more popular because theyve been around a lot longer, and theyre something completely different from Bitcoin - lets say people understand the concept of stocks a lot better than is the case with Bitcoin.
- Is there still enough enthusiasm for bitcoin and why?
Of course, there is still enthusiasm when it comes to BTC, because although the value has increased incredibly during the first 11 years of existence, we are actually at a relatively early stage given the potential that this technology has.
- What would you recommend each bitcoin starter to do?
First and foremost, for any beginner, I would recommend that you set aside time for your personal education before any investment, because knowledge is crucial, so that you can act properly in investing and keeping BTC safe. You should fully understand terms such as private key, coin address, the difference between custodial and non-custodial wallets, the correct use of the fee when sending transactions, the differences between the types of addresses (starts with 1, 3, bc1) and much more.
If you have answered the above questions, thank you very much for helping! It really means a lot to my grade.
You're welcome, I hope it helps you
