Day trading means buying and selling of bicoins with a day. One has to settle the transaction by the end of the day irrespective of profit or loss. To make day trading successful one must have to study movements of currencies, have some technical knowledge, study graphs etc. Holding is a simple method, but do require knowledge of currency, the success of holding depends on, at what rate you are buying a currency. Holding is less risky than day trading activity.

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Bitcoin was introduced in 2009 with a motive to reduce peoples trouble from traditional currencies and help people trade independently. But bitcoin get more popularity as asset than currency. Since last one years bitcoins popularity is increasing regularly. Its price just crossed $17000 mark. Limited supply and huge demand is the one and only reason of rising price of bitcoin in such a short time span. Its now become a cycle, people have huge attraction and confidence about bitcoin that it will go on increasing and have them good money. As a result they are ready to pay any price, but as the supply of bicoin is restricted so its prices are rising.

  Satoshi Nakamoto`s main purpose of introducing bitcoin is to free people from harassment by banks. Bitcoin is a decentralised cryptocurrency means you can trade with anyone with the help of bitcoin wallet at any time and at any place. No third party intervention or help is needed. The trade charges and transaction time are quiet less as compared to bank. Bank gives very less interest on the investments and also on the money saved there in. Whereas investments in bitcoin are giving more than ever imagined. Its really a freedom from all worries as your money is safe in digital wallet protected by the world`s best security system blockchain.

Started from $700 from last year bitcoin has crossed $17000 price tag. Bitcoin is rising much ahead of its predicted price in very short span of time. If this pace remain intact then it will cross $20000 before end of 2017. Rising demand of bitcoin in cryptocurrency market is increasing its volatility. As a result many economic experts, governments and central banks are warning their clients about investing in bitcoin currency. But still bitcoin price is rising, it will go beyond $20000 soon.

Yes bitcoin is money. It has all the functions money has. We can buy with it, we can exchange it with other currencies, and we can transfer it to another person. Even though it is not popular as money. To use bitcoin as money needs some infrastructure. That is why it is more popular as a tool or instrument of investment. As an asset it is giving more returns than any other investment. So people prefer its use as asset rather than money/currency.

Scam is the easiest way to earn money. Cheating and stealing are part of our human nature. There are all types of persons in this world. Some work hard to earn money. Some people have talent, but due to bad habits or bad friends they use their talent in illegal activities like hacking, stealing or doing scams. Social, economical as well as financial reasons are there behind every thief or hacker.

As expected bitcoin price is doing its progress. Earlier it was predicted, bitcoin will reach $10000 by the end of this year, but bitcoin crossed it a month before. By end of December it is expected to cross $18000 or $20000 mark. It is answer to all the discussions which are running since one year, "Bitcoin is a bubble", "Bitcoin is a hoax" etc. If bitcoin continues with such a pace than John McAfee`s prediction will come true earlier than expected. Let's wait and watch.

Really why use bitcoin? there are two aspects. If you using bitcoin as an asset or tool of investment then its fine. Bitcon has shown by its numbers that it is the best mode of investment and has given highest return on investments. But as a currency in day to trade fiat currency and other modes like debit credit cards, paytm etc. are more flexible. Bitcoin`s cost of operation as a currency is far more than traditional currencies. It is suitable only for big transactions

Internet is the best source. If you planning to trade in shares or in physical currencies there are online trading sessions or private coaching classes. As bitcoin is a decentralised digital currency backed by no authority, no one to advertise it on TV or even to arrange a seminar. You have to study on your own. You have to google everything. Large number of study material is available on internet. Social internet sites like facebook and youtube are most useful. In my country certified bitcoin exchanges arrange seminars  for the traders and investors.

If you have flexible working hours or have enough spare time to concentrate and work on any other thing than you can do both job and trading. Bitcoin is a volatile currency, its movements are quiet rapid so you need to observe them and study them carefully. You do have to consider the risk factor that is involved in currency trading and always invest that much money which you can afford to lose. Otherwise you will lose all the money earned from your job.

Satoshi Nakamoto invented bitcoin to free people from the monopolistic nature of bank. But If you see the overall progress of bitcoin since its introduction i.e. in last nine years it is more used as an asset rather than a currency. Even in developed countries where digital money is widely used in day to day transactions bitcoins contribution is quiet less. But if you count its contribution as a tool of investment then bitcoin contributes a lot. Its limited supply and increasing demand is pushing its price up and due to its rising price more and more investors are getting attracted. Bicoin have given huge returns on investments to its investors.

It will be a gambling. Today bitcoin prices are rising daily. It has already crossed $11000 mark. Cryptocurrencies are predicting their targets from$11000 to $1,00,000 in next 2 to five years. Bitcoin is a decentralised cryptocurrency, it is not backed by any government, bank or by any financial organisation. So no one is there to take guarantee of its price. Its supply is limited in numbers, as a result it is the most volatile currency. It moves both up and down side with great pace. It has fallen more than 25% at once. So trade or investment is quiet risky. So it is always a foolish act to sell existing property and invest the same money in bitcoin. If you have surplus money than bitcoin is the best option to invest. if may have you more than ever expected or u may lose more than ever dreamed....!!!

If you see development of bitcoin since its birth and its popularity in the currency market bitcoin is 100% asset. Bitcoin`s price is rising with such a pace because people are buying it for long term investment. Though bitcoin`s popularity is increasing day by day, its price is touching new high`s but its use as a currency in day to day life is negligible. In my country only one restaurant in Banglore, accepts bitcoin as a currency. Use of fiat currency in day to day trade is much easier than bitcoin currency.

The concept cryptocurrency is complicated to understand. Not only general people but people working in financial markets also find it difficult to understand. Use of bitcoins needs many gazettes like mobile, mobile wallet etc.  Bitcoin`s own security system is also a complicated one and because of that it is secured one. Many mathematical calculations are involved. People with sound knowledge of currency markets and technical details can understand and earn money from bitcoins. But general people can also earn money; bitcoin exchanges are there to guide them. Once you understand the concept then its quiet easy to operate. Because all applications are purposefully made user friendly.

No, bitcoin will never be a threat to current currency. Fiat currencies have long history. It has evolved from so many years. Fiat currencies are the most common currencies accepted all over the world by almost all countries. Every country, weather developed or developing has its own fiat currency controlled and distributed by its central authority. Centralised currencies help governments to have a control over their economies. Bitcoin transactions need some basic infrastructure like internet, mobile, wallet etc which is not possible in every part of the country.  Digital currency never replace physical currency and vies versa because both works on different platforms.

Technically it is not possible for banks to accept bitcoins when bitcoin is declared illegal by the central bank. In my country all fiat currencies are printed and circulated by the central bank. Central bank itself warning citizens not to trade or invest in bitcoins. So no acceptance of bitcoins by banks. In 2014 Under a pilot scheme, people will only be allowed to use the crypto currency to make donations. The Wall Street Journal reports that Barclays is teaming up with bitcoin startup Safello to build a program that allows charities to accept bitcoin. Other than this there is no news of banks accepting bitcoins.

It is agreed that bitcoin price is rising day by day breaking its own heights, at the same time number of countries banning bitcoin currency is also rising. Indonesia is the best example of it, Indonesia decided to completely ban bitcoin from1st November when bitcoin was at its lifetime high. Indonesia`s Central bank said that these crypotocurrencies making their fiat currency unstable. In such situation other cryptocurrencies may come forward with some regulations to compete bitcoin. Investors mood may get shifted to such legalised currencies.

If you are a real investor then love your money not your investment. Invest in that tool which gives you highest returns in shortest time. Investment in equity is good; there are some scripts which will give you good dividend and also good return in future. Gold is also a good tool of investment, it also gives good returns, its a tangible asset you can pass it out to your successors. Bitcoin get introduced just eight years ago, as compared to all other currencies it is the youngest currency. But today bitcoin is the fastest growing cryptocurrency. It is the most valued cryptocurrency. Bitcoin has given highest return on investments ever and i think it will give the same in future.

Unexpected /sudden but huge rise in price in a very short period of time have surprised many. Those who have made their minds that bitcoin is a fraud and its price rise is a bubble are still firm on their statements. But there are people defending bitcoins, bitcoin price is rising because bitcoin have that potential, people are buying more and more bitcoins, they have confidence in this cryptocurrency. These people are wise, when the price stops rising they book their profit and sell bitcoins. Bitcoin is not overhyped; it has crossed many obstacles like ban, regulations by many countries. It has also faced bad publicity in ransomeware attack case. Still it is growing its price.