Post
Topic
Board Speculation
Merits 3 from 2 users
Re: Buy the DIP, and HODL!
by
Mayor of ogba
on 15/01/2024, 08:27:23 UTC
⭐ Merited by Die_empty (2) ,JayJuanGee (1)
Bitcoin is a digital currency. which can be received directly from one person to another without any medium. There are three ways to earn bitcoins, the first way is you can buy bitcoins for long term investment, sell when its price increases several times and earn extra bitcoins as profit. The second way is to buy bitcoins and sell them on time. Selling Bitcoin whenever the price rises above your purchase price is called a short-term investment.The third way is to do mining. The mining method is the payment that is given in exchange for a work called earning bitcoins in the mining method. The job of the mining method is that you solve the Bitcoin algorithm on a computer, and in exchange for this work you can earn Bitcoins as a reward.

 who are old may know these things well. This post is for newbies. I am also new to crypto currency. I have collected this information and knowledge from some medium.https://www.bitcoin.com/get-started/what-is-bitcoin/#what-is-bitcoin

If there is any mistake in the writing, please let me know so that I can correct my mistake.
Mate, as a newbie you should be doing more learning and reading than teaching so that members here will know how to guide you when you are doing the wrong thing. You should read the forum rules and regulations to know how to navigate this Bitcointalk forum and stop posting off-topic. I can see you are adopting both short-term and long-term investments in Bitcoin, which is not a good approach for a newbie. Bitcoin investment is for the long term because Bitcoin is not a quick get-rich-soon scheme, it will take you like 4-5 years before you can see a good profit from your Bitcoin investment. Keep on reading the comments posted here to know what the discussion is all about and how to follow up too.