Bitcoin, how to invest online safely and monitor the results

Bitcoin, how to invest online safely and monitor the results

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Original Title: Bitcoin, how to invest online safely and monitor the results

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Bitcoin, how to invest online safely and monitor the results
19-12-2021 08:30

Bitcoin is the virtual currency born in 2009 and in recent years its value has increased dramatically compared to the classic stock market. According to various experts, Bitcoin is on track to cross the $100,000 threshold by 2023.  According to some, this will happen first quarter of 2022 or earlier. The prediction stems from the upward trend in value that has been noted over time.

The price of Bitcoin varies depending on normal economic factors, just like any other currency: supply and demand, public sentiment, market events, news cycle, and scarcity (for example, on Btclivetrade.org it is possible to easily invest in Bitcoin and monitor the results, obtaining double the amount invested).

How to invest in Bitcoin in online platforms?

When you opt for a platform that allows you to invest in Bitcoin, it needs to be smooth for cryptocurrency trading. Profit must be stable, and you need access to various profitable assets to invest in. Earnings must be automatically credited to your virtual wallet. The user interface is important. It must be simple, with no menu sub-items to confuse the neophyte as to how the investment should take place.  The wallet must be safe and secure, with funds stored in an offline system to prevent hacking attempts. Hidden fees or commissions must be absent; every single transaction must be visible to the user. It must be carried out in a transparent manner. Once you choose the amount to withdraw, you must receive it instantly on your cryptocurrency wallet. 

Investing in bitcoin

In a survey this summer, nearly half of the 2,000 respondents said they would invest in cryptocurrency in 2021. Although many respondents said they had only invested a few dollars, over a third of those who had not yet done so responded that they were interested in joining the fray. The fact that Bitcoin's value is fluctuating doesn't scare investors, as they say the market has exploded onto the scene in recent years.

A report by Allied Market Research said that the size of the global cryptocurrency market was valued at $1.49 billion in 2020 and is expected to reach $4.94 billion by 2030.

How to use Bitcoins

The currency can be converted into your own currency, or used in various e-commerce or stores. In many bars and restaurants it is possible to pay in Bitcoin, companies have started to look at Bitcoin as a treasury reserve. Many large IT companies accept Bitcoins to pay for their games or apps, and many platforms allow you to convert bitcoins to dollars or euros directly into your bank account. You can also do the opposite, converting real-time dollars to pay in bitcoin without risking fluctuations in the crypto   (at this link it's possible chat for information about Btclivetrade).


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