Many people criticize Bitcoin, saying that it is limited in quantity and will cause deflation and economic damage - on the contrary, in the eyes of Bitcoin supporters, this is the advantage of Bitcoin. They believe that what we should really be wary of is inflation, not deflation. Bitcoin can be infinitely subdivided, which is enough to meet all the currency needs in the world. In addition to Bitcoin, there are other competing "subsidiary currencies", and the future market is indeed objective. Of course, any investment has risks, and purchases must be made with caution. It is not too late for investors to carefully consider and make a decision. Let's learn about how to buy Bitcoin? Where does the value of Bitcoin come from?

How to buy Bitcoin? Where does the value of Bitcoin come from?

The first step: Understand the trading platform. In 2019, we will provide readers with more investment information and channels to learn how to buy Bitcoin.

First: Biter International: Biter International is currently the only one that can be accessed normally in China. Biter International was founded in 2013. Its predecessor was Biter. It was renamed Biter International after September 2017. It spans 130 countries and regions, and has hundreds of digital currency transactions. There are many potential altcoins, commonly known as the "altcoin paradise". There are two trading areas: fiat currency trading and currency-to-currency trading. The fiat currency trading area is a trading area that provides RMB recharge, where fiat currency can be used to buy USDT and directly enter the market to buy Bitcoin. In addition, BitRock International has its own chat room, where every Bitcoin trader can communicate in the chat room and view the content of the chat, which can facilitate and effectively understand the information of the currency circle. BitRock International has a large trading volume, suitable for small short-term, small long-term, large short-term, and large long-term. After registering BitRock International and logging in, you can download the mobile APP or computer client, or you can directly use the web version. BitRock International is a good Bitcoin trading platform for both novices and veterans.

Second: Net: Huobi.com was established in May 2013. It is the second largest Bitcoin trading platform in China, with a 24-hour trading volume of over 10 billion, second only to the first. It has a fiat currency trading area and a currency-to-currency trading area. The fiat currency trading area can buy USDT with RMB, and then transfer USDT to the currency-to-currency trading area to buy Bitcoin or other currencies. Before March this year, it should have been the most popular Bitcoin trading platform in China, but after March, Huobi.com has gone overseas in order to comply with the arrangement. At present, the web version of Huobi.com can no longer be accessed normally, but after registration and login, you can download the mobile APP or computer client, and the mobile APP and computer client can log in and trade normally. In addition, it should be noted that Huobi has two mobile APPs, one is the legal currency trading APP, and the other is the currency trading APP. If you want to trade Bitcoin with RMB, you must download these two APPs. For novices, it may be troublesome in the early stage.

Third: Binance.com was originally the Bitcoin trading platform with the largest trading volume in China. However, since March, it has completely gone overseas. Domestic users cannot access it normally without a ladder, and the APP cannot be downloaded normally. At the same time, it does not have a legal currency trading area. You need to purchase USDT through the legal currency trading area of BitTor International and transfer the currency to Binance before trading. Its current user base is mainly concentrated overseas. It is not very convenient to log in and trade in China at present, so I will just briefly introduce it here.

Secondly, what to buy is very important. There are two simple ways to choose stocks. One is to buy mainstream coins; the other is to buy new coins. Finally, how much to buy is also important. Buying coins is just to add one's own investment channel. There is no need to rush. You can put less at the entry level.

Where does the value of Bitcoin come from?

Bitcoin transactions are not recorded through the traditional banking system, but through a decentralized person-to-person (P2P) network. Bitcoin has the ability to transfer large amounts of funds across borders quickly, cheaply, and even anonymously.

As a kind of digital virtual currency, Bitcoin is one of the products of the development of blockchain technology. The total amount is constant, only 21 million pieces, and the difficulty of mining will increase proportionally with the decrease in the number of mineable pieces. Therefore, its scarcity is considered to be almost comparable to gold. In addition, the decentralized design makes it difficult to track, with excellent security and anonymity, and it is not restricted by national borders. This provides supporters with reasons for investment and also provides arguments for the money laundering tool in the mouths of short sellers. Therefore, the market has always been polarized about Bitcoin.

In terms of scarcity, Bitcoin is different from gold. First, Bitcoin is not recognized by most countries. Second, its historical status and use value are also difficult to match with gold. In addition, the use of Bitcoin in some informal fields has also put it under great pressure. Therefore, in the eyes of big players, the scarcity of Bitcoin has a low cost-effectiveness and little investment value.

Some people say that Bitcoin is printing money; others say that Bitcoin is actually a commodity. From the perspective of Bitcoin's limitations, it is more like a commodity. However, today's Bitcoin is no longer simply a cryptocurrency using blockchain technology, but has become a gambling game. It carries people's deformed dream of getting rich overnight and has become an existence that is no longer driven by traditional financial logic, swallowing up all kinds of possibilities.

The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.