Hello everyone!
So lets someone has some bitcoins maybe worth about 100 to 500$. What could be the investment do where the bitcoin holder is quite new to the crypto currency world and want to get guaranteed profit from the investment.
I know that holding bitcoins are good, but what are other good investments you can make with bitcoins?
Would like to know what you guys about this.
Thanks!
Well by just holding bitcoin and not spending or converting it to fiat, you are actually investing your bitcoins by means of waiting for the opportunity. Always remember that due to the nature of bitcoin being very volatile in terms of its price, the value of it by tomorrow might be higher compared today. I remember that last July 2017 before the fork, bitcoin prices dropped up to $1900. After the fork, the price skyrocketed up to $4000 today. We may different uses for bitcoin but if you really want to yield profit, then by just holding it you can actually earn money faster and higher than bank deposits.