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Topic: Investment in bitcoin - page 8. (Read 886 times)

legendary
Activity: 2618
Merit: 1105
April 26, 2023, 02:57:47 PM
#2
Bitcoin does not make any money, it gets 'generated or produced' through the mining process, and that process has nothing to do with making money or giving value to btc. Trading btc was being done because we needed an asset in which we could transact our fiat without the need of a third party, which is called Peer 2 Peer. So, it has given us the way to transact our money removing all the borders and allowing us to be our own bank, but btc does not make any money through mining process.
member
Activity: 84
Merit: 18
April 26, 2023, 02:48:03 PM
#1
Investment in bitcoin can makes you developed reasoning on how to expand your income, most people who do holdings for a long period of time makes enough money at every running of bulls price and they begins to diversified their investment into different places. Some expands to mining, trading and physical business but when you eat you investment at every little price increase or drops you tends to remained statics, holding is a good option no matter the current price. Some people who became big bitcoin investors became it as a result of holdings.
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