Blogging On Finance

As an investor, you will likely hold a portion of your portfolio in precious metals, such as gold. By doing so, investors can safeguard themselves against possible losses in the stock market resulting from a downward economic trend. Although this method has proven effective and is still effective, a new alternative, Bitcoin , is challenging this traditional approach to capital preservation. Bitcoin presents a unique investment opportunity as it has been around for long enough to gain recognition and support. It is even showing some promising developments.   Bitcoin A new era of investment and finance began in 2009 with the introduction of Bitcoin. Cryptocurrency exchanges and large-scale Bitcoin mining have gained popularity. Initially, these digital currencies were only of interest to a few enthusiasts. Early Bitcoin speculators discovered in 2010 that the Bitcoins they had previously purchased for fractions of a cent had grown to $0.09 per Bitcoin. Investors and speculators noticed