Hello fellow steemians ,
I am going to talk about investment in bitcoin .
A report by Wells Fargo Gallup on July 28 , 2018 showed that only 2 % of U.S. population had invested in bitcoin and 1% of population are planning to invest in coming future . Lots of investors still hesitate in investing in cryptocurrencies .
His poll also revealed that only 3% of men, 1% of women, 3% of people between the age 18 and 49 and only 1% of investors older than age of 50 own bitcoins.
He focussed chiefly on adults of the U.S who has invested $10000 or more in various investment areas like bonds, stocks, mutual funds or any saving accounts .
The Bitcoin : Fear , Uncertainty and , Doubt
There has been 8400% increase in value of bitcoin from the year 2013 to year 2017
Bitcoin price bounces daily due to different conditions of market .
Recently the price of bitcoin again rised to its average level after a decrease in its price during the starting of year 2018.
The investors in the crypto market have the different opinion that the price fall for a short period and this won’t be repeated rapidly , but few investors still argue that the price may fall any time . Thus in a way, it is true that bitcoin is still in its infancy stage. It would take a tremendous effort to bring awareness about it among people.
HOPE YOU LIKE IT
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