What is Bitcoin?

Bitcoin (BTC) is the first and most well-known cryptocurrency in the world. It was created in 2009 by a person (or group) under the pseudonym Satoshi Nakamoto. It works in a decentralized manner — without banks, without government control.

How does it work?

  • Transactions are recorded in a public book called blockchain
  • There is no “central bank” of Bitcoin
  • There is a limit of 21 million bitcoins that can exist
  • New units are created by “mining” (computers solving mathematical problems)

Bitcoin as an investment

AdvantageDisadvantage
Potential for high appreciationExtreme volatility
DecentralizedNot regulated in Brazil
Programmed scarcityCan lose 50%+ in months
Works 24/7Complex for beginners

How much to invest?

The general recommendation is: up to 5% of your assets in cryptocurrencies. Never invest money that you cannot afford to lose. Bitcoin is highly volatile.

How to buy in Brazil

  1. Open an account at an exchange (Mercado Bitcoin, Binance, Foxbit)
  2. Make a deposit via PIX
  3. Buy the desired amount (you can buy fractions)