Investing in Bitcoin was at the forefront of news in the financial world in 2017 because of its record-breaking rise. However, 2018 proved to be somewhat of a disappointment for some cryptocurrency investors as it entered a bear market, producing one low after another. But it is still an investment many consider not to be ignored.
Cryptocurrency is digital (or virtual) currency that is not hampered by centralized government regulations, and its value is not dependent on or manipulated by things such as inflation. Bitcoin is the most popular and the first widely accepted cryptocurrency developed (in 2009), and to date represents the largest blockchain of its kind. Investing in Bitcoin is a hot topic right now due to its steady climb in value due to its significant rise in value from its inception.