With the arrival of the eve of new year 2021, some steep rise in the value of Bitcoin was observed by the crypto enthusiasts. Bitcoin price started hovering between $35,000 and $40,000. When the price of crypto coins rise, obviously people who possess them will rejoice and celebrate. Because the coins which they are owing is simply growing in their pockets! At the time of writing this article, the value of 1 btc is about $40,000. Some experts say it will further rise and reach $100,000 soon. Some even predict that the value of 1 bitcoin will increase and reach the 1 million mark in 2021! Imagine 1 Bitcoin equals $1 million $1,000,000! At this juncture it is worth to know the history of bitcoins. 10 years ago, the value of 1 bitcoin was just 1 cent (0.01)! Some people then dared to buy some for fun. Just imagine the present condition of the person who purchased 100 Bitcoins for a meagre $1.00 or 1000 btc for $10.00! Surely he/she will be enjoying life somewhere secretly with the very
General Recommendations for Improved Bitcoin Storage and Security. It needs no telling that there is currently new interest in bitcoins and other cryptocurrencies. With the mother of all cryptos breaking its old ATH to form new ones – and still climbing as of the time of this writing – such new interest is not out of place. As new investors and speculators are looking at the crypto, though, so are scammers and other unscrupulous elements. That makes it important to discuss the various ways to secure your bitcoins lest they fall into the wrong hands. Know Your Wallets: Bitcoin wallets are where you store your bitcoins. When choosing wallets, ensure that: ● You know the difference between hot and cold wallets , and which one works best for you. ● You are choosing wallets from trusted providers only. ● You are downloading your hot wallets from trusted sources and platforms only. ● You have vetted the hot wallets to be sure they are not clones of other popular wallets ●