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As with any exchange-traded asset, be it currencies, stocks or bonds, two main strategies are possible for the crypt:
Investment
Trading
In the first case, the trader receives income from short-term price movements both up and down. If the price of bitcoin changes from $ 10,000 to $ 10,200 in a week, a trader can receive more than $ 200 from each bitcoin. After all, during this time the price could pass the total path of $ 500: for example, briefly falling to $ 9700.
Investing usually means that a person invests money, buys cryptocurrency and does not touch it for as long as possible: a year, two, three. During this time, the price of the same bitcoin on exchanges can rise 20-30 times.
When investing in cryptocurrency, you can only profit from the rise in the price of the asset.
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I use the broker's servants to buy. These are additional costs. But it is reliable.
If you research to analyze how much return on investment (ROI) the gold has given in the past 10 years and then compare it with Bitcoin, you will understand what is the store of value you can have.
That is why many are interested in buying bitcoins. It is no longer difficult to buy bitcoin today. There are cryptocurrency exchangers that make such a purchase real.
BestChange has information about more than 440 exchangers. And here you can easily buy or sell bitcoin or any cryptocurrency. Do you still have the poll "can you convert bitcoin to cash?" ... look at the information here https://www.bestchange.com/bitcoin-to-dollar-cash.html and you will see how simple it is
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