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Bitcoin Questions

Simple and complicated questions about Bitcoin.

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How Much Bitcoin Should A Beginner Buy?

June 16, 2023
Category: Basic Bitcoin Knowledge
Subcategory: Bitcoin For Beginners, Bitcoin Questions, Buy Bitcoin, Investing In Bitcoin

There are a lot of questions when you first discover bitcoin, but one of the big ones is how much bitcoin should a beginner buy? It's a tough question to answer without knowing more about your financial setup and your personal goals, but I'll attempt …

Read moreHow Much Bitcoin Should A Beginner Buy?
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Is Bitcoin Going To Crash?

June 2, 2023
Category: Bitcoin Price, Bitcoin Problems
Subcategory: Bitcoin Questions

Everyone wants to buy bitcoin at the right time, at the best price. So you want to wait for the crash, to get a low price. Or you want to make sure it isn't going to crash directly after you buy. So, what's the answer – is bitcoin going to …

Read moreIs Bitcoin Going To Crash?
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Can Bitcoin Be Hacked?

May 23, 2023
Category: Bitcoin Problems
Subcategory: Bitcoin Questions, Bitcoin Technology

Bitcoin is a new type of money that relies on computers around the world to mine new coins into existence, send & receive to wallets, and validate & verify transactions. Without computers and the internet, bitcoin wouldn't be possible. But computers …

Read moreCan Bitcoin Be Hacked?
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Is Bitcoin Safe?

May 23, 2023
Category: Bitcoin Problems
Subcategory: Bitcoin Questions, Bitcoin Technology

Bitcoin is an entirely new concept that many people are not familiar with, so in my opinion, it's fair enough to ask, “Is Bitcoin safe?”. Not too long ago, another concept that took a while to get used to: the internet! It's easy to …

Read moreIs Bitcoin Safe?
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Is Bitcoin In A Bull Market?

May 17, 2023
Category: Bitcoin Price
Subcategory: Bitcoin Questions, Buy Bitcoin

Looking at the bitcoin price can be confusing. It's up for the week, down for the month, but up for the year. Is bitcoin in a bull market? How long do bull markets last? Should you buy now or wait? These are some pretty common questions! The truth …

Read moreIs Bitcoin In A Bull Market?
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Is Bitcoin In A Bear Market?

May 17, 2023
Category: Bitcoin Price
Subcategory: Bitcoin Questions, Buy Bitcoin

The best time to invest is when “there's blood in the streets”, so if you see bitcoin in a bear market, it's probably time to consider adding to your stack. The trouble is how to tell if we're actually in a bear market or not. There's …

Read moreIs Bitcoin In A Bear Market?
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What Can You Buy With Bitcoin?

May 16, 2023
Category: Basic Bitcoin Knowledge
Subcategory: Bitcoin Questions

One of the concepts that trips people up (even professionally educated economists) when trying to understand the value of bitcoin is looking what you can buy with it. If you can't buy something with it, then it's not worth anything at all! So let's …

Read moreWhat Can You Buy With Bitcoin?
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Why Did The Bitcoin Price Drop?

May 15, 2023
Category: Bitcoin Price, Bitcoin Problems
Subcategory: Bitcoin Questions, Buy Bitcoin

Bitcoin's price action is volatile – very volatile. It's not uncommon to have violent price swings to the upside and downside over short periods of time. When the price drops precipitously, you probably want to figure out why your net worth was …

Read moreWhy Did The Bitcoin Price Drop?
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Why Does Bitcoin Have Value?

May 15, 2023
Category: What Is Money
Subcategory: Bitcoin Questions

Bitcoin starts making sense once you understand what it does. Why does bitcoin have a price? Because people are paying for it. Why does bitcoin have value? Because it actually does something useful. Until you connect the dots and figure out what …

Read moreWhy Does Bitcoin Have Value?
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