I see only the option when you pay for goods and services in bitcoin, but then, what is the profit, because the amount of bitcoin is only decreasing, and in the case of USDT, it will increase.
Yeah, in other words, if you convert your profits into stablecoins and when you buy back bitcoin at lower prices then it will be possible to hold same amount of bitcoins and you can enjoy profits at the same time.The only way I know of, to take profit of bitcoin bull run is to sell some bitcoin which means the bitcoin holding will reduce.
So, I am just wondering is it really possible to take profit without reducing bitcoin holding? Am I missing something here?
Is that even possible? So, I am just wondering is it really possible to take profit without reducing bitcoin holding? Am I missing something here?
Although I have seen people lately saying that they can take profit of their Bitcoin without selling it by using their coins to take loans and leave the coins as it continues to increase , and later they will pay back their borrowed and have their bitcoin back and by then it will have a higher value.But, I don’t like that idea, and moreover it doesn’t really make sense to me, you’re still going to pay back the money you borrowed and what if the price of Bitcoin falls by the time you’re paying back? You will be in complete loss, so it doesn’t make any sense. It’s not even possible to be taking profit without selling it , unless you’re going to be leaving it there.