I know there are some newbie thinking what to do to hold bitcoin, first, if you save money in your bank account, you can use the money to buy bitcoins and hold which is the wish of many holders in the community, secondly, if you grow your bitcointalk.org account to full member above and apply for signature campaign, and if you are accepted in that campaign, you can hold bitcoin which is the easiest way many people use to hold bitcoin, thirdly, you can sell you land and property to hold bitcoin, which I have see someone on television some years ago, sharing his wealth secret to people, how he sold the land he inherited from his father to buy bitcoins and hold for long term before he sold to make money that turned him to millionaires in the country. What are the other ways people can hold bitcoin.
Holding Bitcoin can be achieved through various ways, as you mentioned. Apart from the methods you highlighted, some other ways people hold Bitcoin include buying it through exchanges, earning it through various platforms like mining or staking, receiving it as payment for goods or services, or even investing in Bitcoin related funds.
Bitcoin mining and staking are two popular methods for earning crypto like Bitcoin. Mining involves using powerful computers to solve complex mathematical problems that validate and secure transactions on the Bitcoin network. Miners compete to solve these puzzles, and the first one to do so successfully gets rewarded with newly minted Bitcoins and transaction fees. It's a fundamental process that helps maintain the integrity and security of the Bitcoin network.
On the other hand, staking is a different method used by some cryptocurrencies, where users can hold their coins in a wallet to support the network's operations. Stakers are chosen to validate transactions based on the number of coins they hold and are willing to stake or lock up. In return for staking their coins, participants receive rewards in the form of additional coins. Staking is considered a more energy-efficient and environmentally friendly alternative to mining.
Both mining and staking offers opportunities for users to earn bitcoin rewards by contributing to the security and functionality of blockchain networks like Bitcoin.