Bitcoin, how it works the cryptocurrency investment that is constantly rising

Daily / News - 29 November 2021 05:45

Bitcoin investment is growing steadily

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In recent years, bitcoin has been sanctioned a significant increase compared to the classic stock market. According to a recent study conducted by Blockdata, Bitcoin handles a larger volume in terms of dollar value than PayPal, and it could surpass Mastercard by 2026. The reason lies in its versatility, and the ease with which it can be accessed (for example click on Btclivetrade.org and you can easily invest in Bitcoin and monitor the results obtaining double the amount invested).

Also according to Blockdata's study, the Bitcoin network processed about $489 billion in the first quarter in 2021, which is higher than PayPal's $302 billion. After only 12 years of existence, Bitcoin processes about 27% of Mastercard's $1.8 trillion per quarter, and 15% of Visa's $3.2 trillion.

 

How to invest in Bitcoin in online platforms

 

If you are choosing a platform to invest in Bitcoin, make sure it is convenient for cryptocurrency trading, that the profit is stable, and that you can access a variety of profitable assets, and that the earnings are automatically credited to your virtual wallet. A simple user interface is essential, as well as no menu sub-items that make it difficult for the neophyte to understand how the investment is to be made. To prevent hacking attempts, the wallet must be safe and secure, with the funds stored in an offline system. There must be no hidden fees or commissions, and every single transaction must be visible to the user and executed transparently. Once you choose the amount to withdraw, you must receive it instantly to your cryptocurrency wallet.

 

Possible earnings with bitcoin

The widespread interest in bitcoins has been triggered by the gains that have occurred over the past year. If, for example, one had invested in a Standard & Poor 500 index fund at the start of the coronavirus pandemic in 2020, that investment would now have doubled. But if one had invested in Bitcoin over the same period, the gain would have been greater, so much so that the other would have paled. On Bitcoin's date of birth, the initial value was $0.00076 while today the exchange rate has come in at €48,289.73.

Recently, executives of famous companies have also put their trust in cryptocurrencies. The CEO of one of the most famous social networks said that he spends part of his time on conference calls explaining how his companies use digital currencies. He also reiterated the company's launch of a digital payments mode with a Bitcoin mining system, and a hardware Bitcoin wallet for consumers. The goal is to increase Bitcoin's exposure to a mainstream audience (at this link it's possible chat for information about Btclivetrade).

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