Post
Topic
Board Beginners & Help
Re: What are the procedures to follow when I want to invest?
by
Stepstowealth
on 06/09/2023, 20:54:53 UTC
1. What is the procedure for purchasing and selling Bitcoin, and are there any crucial elements to take into account before beginning?
Know that there are scammers and untrustworthy people in bitcoins, avoid buying bitcoins from individuals you do not know or websites that are not popular, you can send money and never receive bitcoins.

3. Why is using Bitcoin better than using conventional currencies?

Conventional currencies are government controlled and they are not a good store of value because they are subject to inflation as it's supply is not limited. As for bitcoins, there is independence from the government, and it can serve as a hedge against inflation.