2 Things You Can Do With Bitcoin

Most of our main objectives for using bitcoin , there are two - payments, investment and speculation. The first use case is very clear, one does Bitcoin transfers to pay for similar goods, website hosting, logo design, or even a cup of cappuccino delights. Currently many bitcoin already widely accepted and may be able to do almost all the taxpayers in any of the services, although there are many services that accept bitcoin. In particular, bitcoin fairly common payment method for translators, the purchase of illegal goods and services and much more.

Regarding investment. People buy bitcoin and they hope this crypto currency could double in the future. Investors will continue to await the turning point when mining Bitcoin will end.

Speculators are people who are similar to investors, but the vision they are implemented in a way that is shorter. Instead of waiting to see bitcoin price growth for several years, this group even trying to make a profit on the ups and downs that occur in bitcoin prices every day. But there is much more you can do with bitcoin, and some of this activity does not even require you to have a Bitcoin.

Trade Financial

Most speculators bitcoin fill their orders in certain bitcoin exchanges. It is quite risky as some exchanges that can be hacked, and many people will lose. Speculation bitcoin can be more profitable if done using margin. Unfortunately, it is very difficult to get an agreement with the local exchange, but there are many currency brokers and binary options brokers that accept BTC / in every major currency trading. This means that you can make a deposit in the form of dollars, euros or other currencies, and making a profit on the price of BTC in the movement of rising and falling.

Savings and Loan

This one will be more useful for those holding Bitcoin for investment purposes. On the one hand they expect Bitcoin prices will rise, on the other they also earn income with passive income. A few years ago lenders bitcoin online peer- to- peer first appeared. Currently possible to lend on a large scale can be found in several platforms, and this way you can make a profit of up to 20-25 % on a monthly basis refund.

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