Read this Before you choice to invest the Bitcoin

Cryptocurrency like Bitcoin is a trend now. Some even predict that this digital currency will be a means of exchange in the future.

Indeed, now BI has banned Bitcoin and the like to be a medium of exchange in the country, but at least Bitcoin can still be used as an investment instrument.

Investing in Bitcoin is indeed tempting, especially if you know the spike in value so fast last year. Where the value reaches more than Rp 250 million per 1 TBC.

However, before you get serious to start investing in Bitcoin or other crypto currencies here are the things you need to consider before starting investing.

• #Susah untuk diprediksi

Apabila nilai saham suatu perusahaan bisa diprediksi dengan melihat laporan keuangan dan isu-isu yang mempengaruhi perusahaan tersebut, lain halnya dengan cryptocurrency.

Cryptocurrency seperti Bitcoin, nilainya sangat dipengaruhi oleh tingkat kepercayaan masyarakat. Volatilitasnya bisa menjadi sangat liar.

Karena itu, sebelum Anda memulai investasi Bitcoin, Anda harus sudah memiliki tingkat kewaspadaan yang tinggi dikarenakan nilainya yang sulit diprediksi.

• #High risk

Although the level of security is quite high, Bitcoin is arguably vulnerable to hacker attacks. This is because Bitcoin is stored in an online "wallet" connected to the network, making it quite risky to be harassed by hackers.

Surely already know, if the transaction has happened can not be canceled? In other words, if your digital money has been transferred to another account, you can be sure you will not get it back.

To minimize the risk of losing your money, you can increase your Bitcoin security by storing it in an offline wallet or so-called cold storage. Save most of your digital money in cold storage, just set aside a small part in the wallet online.