Friday 11 August 2017

Reasons to Buy Bitcoin in India

Bitcoin is heading high on its price since last few days. This week also bitcoin hit high of $3500 which is a great achievement for the cryptocurrency market. The rise in the price of bitcoin is giving rise to market cap reaching beyond $56 billion. Don't get behind to choose the best bitcoin exchange in India to buy your bitcoins.

There were a strong argument of trader, investors, and analyst on the price of bitcoin is going around. The best bitcoin rate is just a myth. Whenever you buy your own coin is the best bitcoin rate for you.
You need to look for the best bitcoin exchange in India to buy bitcoin and store them in your bitcoin wallet or in your bitcoin exchange in India.

Getting back to the reasons why to buy bitcoin in India:

1. Finance Industry and investors are taking bitcoin seriously

Since the bitcoin launch in the year 2008, the industry is growing to the great values. Recently the huge number of investors and entrepreneurs took a keen interest in the cryptocurrency. Due to rise in bitcoin price its has been gaining confidence in Investors.

There are many famous names of entrepreneurs and investors been associated with the bitcoin industry. Which is making the trade and investment safe for other bitcoin users. You can buy and sell bitcoin in India with any bitcoin exchange with hassle free procedures.

2. Bitcoin a new gold

The frequent rise in bitcoin price crossing above $3,500. People started comparing bitcoin with gold. As the price of gold is nowhere near to bitcoin though both the asset are the store for value and decentralized in nature. But bitcoin is more profitable in comparison to gold. As its price shoots up really fast you can gain profit in both long and short run investment. Easy to buy from any bitcoin exchange in India.

3. Bitcoin Limited in Number

It's a great deal for any buyer willing to buy bitcoin because there will be a scarcity of bitcoin in the market due to the limited in Number. Till now 80% of bitcoin has been mined and rest will be coming taking a lot more time. This will increase the demand for bitcoin with huge price rise could be expected in future. With lot more profit to the bitcoin users with best bitcoin rate in the industry.

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