Bitcoin turned eight years old this week and the price is back above $1000 per coin. For those of us that have valiantly and steadfastly been working on the finance system of the future for the last few years, we are all reaping the rewards of our efforts today.
Every person that you ask about investing in cryptocurrencies will tell you, “Don’t invest more than you can afford to lose,” but keep in mind that is a knife that cuts both ways.
If you really want to make money, big time money with trading bitcoin and other digital currencies, here is the strategy:
- Buy bitcoin and maybe a little of some other crytocurrencies like Ethereum or Monero.
- Move those funds into cold storage, into a safe location.
- Make backups.
- Wait and forget about that money.
- Profit.
That’s it. That is the brilliant and amazing way that people have made huge fortunes in the last few years with bitcoin and other digital currencies. Go ahead and buy some, and see how you feel about it at the start of 2018.
Bitcoin Theory 
Why should I be part of a situation that I do not know about ?
I do not know who controls crypto-currency.
I do not know how the money is invested.
I do not know whether it is legally correct to do it.
It sounds like you need to do more research to understand how exactly bitcoin and cryptocurrencies work. No single person or entity controls any cryptocurrencies, and the legality of each of them is subject to local laws and ordinances, if you are into that kinda thing. Arm yourself with knowledge and then ask yourself if you want to be part of this revolution.