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Bitcoin for Beginners: Everything You Need to Know


Bitcoin for Beginners: Everything You Need to Know

The biggest investing story of 2017 has undoubtedly been the incredible take-off of cryptocurrencies. While there have been dozens of initial coin offerings (ICOs) and several cryptocurrencies have risen to various levels of prominence this year, the undisputed champion remains bitcoin. Yet, while there is plenty of hype and buzz surrounding this cryptocurrency, a great deal of confusion still exists concerning what exactly bitcoins are, how they might prove to be useful, and whether they truly represent a once-in-a-lifetime investment opportunity or if there is a bitcoin bubble ready poised to burst.

With this sense of confusion in mind, here is a brief primer for investors wanting to know more about the biggest investing story of 2017.

Bitcoin is the king of cryptocurrencies but does it make for a good investment? Image source: Getty Images.

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Source: Fool.com

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