Quote from: SmartGold01 on Today at 06:34:35 PM

Quote from: Prosofina_G on Today at 03:00:04 PM

HOW DOES BITCOIN MAKE MONEY?

Bitcoin makes money when there seems to be scarcity of it (Demand & Supply) and there are people who are actively buying it this will cause the price to increase and the more people keep buying it the more the price keeps going higher, at this point those who bought it at very tender or when the prices seems not to be higher then can now start selling back. At this point you have made money from holding bitcoin but doesn't mean that once you buy bitcoin you began to make money instantly No it requires time and patient moreover it's highly volatile you have to be prepared to invest in bitcoin because if you invest your hand earn money and it happens that price goes against you then all your money is gone although that doesn't mean that you totally lost the money but it would come back when the bitcoin price tends to reach your entry points, your fraction doesn't reduce rather what reduces is your dollar equivalents.

You have really really nailed it, this is a pure definition of what I was actually looking for, I, made this post to know exactly how it works, most of us who are newbies don't actually know how bitcoin works.

For those of you saying this my question e get as e be, my brother e no be anything na you way no understand the question, see as smartGold01 con explain the questions in detail. SmartGold01 thank you very much I own you.