Bitcoin: the ideal business for young people in India
Virtual currency - especially Bitcoin - has attracted many young people between the ages of 18 and 35 to India, due to the boom and potential gain they can get by buying bitcoins, saving them, and selling them with a multiplied value over a relatively short time (between One and three years).
Three years ago, many young students made an investment, which was small compared to the result obtained, since, the price of Bitcoin was well below the current reality. Those same young people sold those bitcoins in 2017 and received an absurdly great remuneration, and of course, with this money acquired, they have re-invested, since they know that Bitcoin will continue to grow as time goes by and digital mechanisms continue to dominate the world.
An example of this is an undergraduate Business Administration student, who said the following: "This rally was almost a bubble, but gave a solid opportunity to make a profit for investors who bought bitcoins two or three years ago. I will buy once the prices are corrected a little more. "
Student, Sahil Shah, says he traded four bitcoins he bought at a cost of $ 1100 before converting them to about $ 3,400 each; That is, from $ 1,100 went on to get about $ 13,600, more than ten times the value of the investment.
"The growing awareness of bitcoins around the world, particularly their revolutionary technology, has triggered a rally in the marketplace," says Sandeep Goenka, co-founder of Zebpay. This has meant that the citizens of India are waiting for the decision of the intergovernmental committee set up by their national government, whose duty it is to analyze possible alternatives regarding the institutionalization and regularization of Bitcoin in the country and to give a Response - they said - at the end of July, through a report.
If you are young and want to invest in something that will very likely multiply your money, Bitcoin is an excellent option, just follow our page and first document about the bests Bitcoin exchanges in India, buy and sell bitcoins in India and the top Bitcoin exchange in India.