The global bitcoin rush has rubbed off on the Indian investors too, making India the second biggest bitcoin nation in Asia after China, and the sixth biggest in the world, after the United States, Nigeria, China, Canada and the United Kingdom.

According to Nischal Shetty, CEO of WazirX, the most important thing that first-time investors should bear in mind is that any cryptocurrency such as bitcoin is a high risk, high reward investment option.

Before investing in a project, Shetty of WazirX recommends users to always read its whitepaper, about the team and their background, project development status, and team activity on social media.

https://www.cnbctv18.com/personal-finance/investing-in-bitcoin-know-these-risks-involved-7989621.htm