With the fall in bitcoin prices, many are skeptical of the value of bitcoins and what the future holds for cryptocurrency at large. Questions arising — Should i still buy bitcoin, where can i buy bitcoin? or is bitcoin still valuable? All these questions and many more could arise during a conversation with a novice or a beginner who is so curious and aspires to become an expert trader some day.

However, whether such conversation comes up over brunch or during the morning jugs you should always keep in mind that no perfect explainer for bitcoins and try to keep your answers short and simple, there is no point trying to dive into how the blockchain technology works or whether bitcoin transactions are traceable or untraceable, just keep it simple and here are a few tip on how you can do just that;

For a total novice – Bitcoin is a digital currency but unlike fiat (traditional paper currency) you can’t touch, feel or print bitcoins. Bitcoin was founded in 2009 and it offers an efficient means of transferring money from individual to another over the internet without involving any intermediary or middle man rather it is controlled by a decentralized network with a transparent set of rules. And you can buy bitcoin instantly from online platforms such Exchangeindeed ( https://www.exchangeindeed.com/ ) and Nairadirect ( https://www.nairadirect.com/ ).

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