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UAE: What all should I weigh when investing in Bitcoin and other cryptocurrencies like Ethereum, Litecoin, Dogecoin?

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Bitcoin is deflationary by design. The total supply of Bitcoin is restricted to 21 million coins by the protocol. As more and more people get interested with Bitcoin, the price rises to meet the demand since supply is constant. As the adaption of Bitcoin spreads, demand drives the price up. Each Bitcoin therefore affords the owner more purchasing power.

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