Investment in Cryptocurrency

The bachelor's thesis presents the basic pillars of cryptocurrencies, such as history and gradual development, what algorithms bitcoin uses and its functions, as well as introduces the main substance of this industry. Furthermore, this work presents the possibilities of using cryptocurrencies, like acquiring, selling, evaluating and taxing bitcoin, its conditions for taxation and possibility of safekeeping, using it as payment methods on the black market or financing other criminal activities. This part also includes an analysis of the possibilities and conditions of buying and selling selected cryptocurrency. The work also deals with calculating the returns and annual yield of investing in cryptocurrencies for a duration of eight years, and includes a survey of people's awareness of this issue. The conclusion of this thesis employs a multicriteria decision-making process to select an appropriate exchange and cryptocurrency for investment