Jubilee Ace - Bitcoin Investment Plan as Profitable Source of Income

Bitcoin is a cryptocurrency, the currency that is hidden, secret, or unknown to the public. It is a kind of digital currency that was created in 2009. Transactions are made online, from computer to computer or mobile phone. It has no physical existence. It is just a computer file stored in a computer having a link from person to person. Bitcoins can be bought or sold on a Bitcoin exchange. It may transfer between users and store on a special website. It’s most salient feature is that it is not controlled by any government authority.

Jubilee Ace Transactions are made directly from user to user without the mediation of any bank or financial agency. Before going into the details, it necessary to define some necessary terms.

Blockchain technology

A Blockchain is a database software installed on a computer or mobile phone of user, enabling him to make transactions.

Private Key

Bitcoin has a secret key called the private key that can be used to make transactions. This is a security code, that notifies the user that the transaction has made successfully.

Cryptographic Signature

The Jubilee Ace Cryptographic signature is a mathematical process that allows someone to prove ownership. The alteration of transactions is prevented by the signatures.

Mining

Mining is a process that provides security and confirms Bitcoin transactions. Without Bitcoin miners, the system may be attacked and defunct.

Investment in Bitcoins:

Due to global financial crises, a trend is being developed among investors of the world whether cryptocurrencies, such as Bitcoin, profitable investment for them. It has predicted that in the post corona scenario, there will be high institutional demand for bitcoin. They think the following reasons why Bitcoin is an attractive investment.

As the stock market is shock-sensitive, every type of turmoil situation directly hit the market so in the aftermath of corona situation investment in the stock market will not be attractive. It is well- the fact that due to corona a lot of industrial units have been shut down or going to be shut.

As share prices in stock markets fluctuate with fluctuation of industrial financial circumstances, so if the industry is going in crises to the reason that demands of their products are going downward, so in the prevailing situation investors will not take a risk. So bitcoin is a safe investment for them.