Long-term investment (Hold): That means you will buy BTC and store for a period from 1,2,3 months to a few years, when the price increases and you feel profitable, then sell for a profit. If you have a need to buy and sell Bitcoin, you can use the Remitano floor which is the most prestigious and cheapest exchange at the moment that you still use. See instructions below:
Short-term investment (Surfing - Trade): This is a form of investment that requires you to have very complex knowledge and analysis skills, because the price of BTC is always volatile, can fluctuate every day, every hour and Even every minute, so many people grasp to buy when the price is low and sell when the price is high in a short time. Some reputable exchanges to trade coin such as Binance, Huobi or CoinEx.
Mining Bitcoin: Above, I said that more than 3 million BTC has not been dug up, then it is a form of Bitcoin investment, this form of mining Bitcoin is also very complicated and not suitable for newcomers. will use the computer hardware to solve complex algorithms to receive BTC rewards.
Join the trust exchange (multi-level - MLM): Actually this is not a form of Bitcoin investment, but I still want to add it so you can distinguish it is not Bitcoin investment, some exchanges or coins will love Ask you to deposit BTC for them and they pay you interest every day, every month in USD or VND, typically Bitconnect - the legendary multi-level lending model has collapsed. This is a form of "extremely high risk" investment and sooner or later will be Scam (scam) so I advise you "DON'T JOIN".
All you need to know about: bitcoin exchange
In this section I will talk about my personal opinion about whether 2020 and the following years should invest in Bitcoin or not, this is not an investment advice, you should just refer, and decide. Your investment or not is yours, your money, so you must be held accountable for it.
I started participating in this market around March 2017, when the Bitcoin price was just over $ 1,000 and by the end of 2017 when it was already up to $ 20,000, I noticed that the price of bitcoin was greatly affected by "Acceptance", acceptance here can be from countries, companies, large enterprises and people in large markets such as the US for example.
The main reason for pushing the price of Bitcoin to 20k USD before the end of 2017 is due to the "Bitcoin futures" of CME and CBOE - the two largest stock exchanges in the United States, which put Bitcoin futures on their exchange. and the FOMO effect pushed the price of BTC to historic highs. Then, as these futures contracts matured and some countries tightened their regulation, many bad news caused investors to lose faith in BTC's future, they sold off and pulled the price of BTC. Gradually descending to the current level of more than 6,000 USD.
But I personally believe that Bitcoin in the future will become a legal form of payment in many countries and a large number of users will accept it as well as other coins such as Ethereum, Ripple, ... because they there are advantages that fiat cannot have. I still invest in Bitcoin and keep BTC from the moment of the highest price, of course I will have my own investment strategy to preserve capital.
The bottom line: Bitcoin is still a potential investment in 2020 and the years to come, its long-term trend will continue to rise in price and begin to stabilize, but before you get into investing you must be determined that Investing in Bitcoin in particular and the electronic money market in general is a form of super profitable investment, a brand to make a lot of money, but the risk is always latent, only investing with capital can lose and take responsibility. charge with that money. Below is a detailed article on how to invest in Bitcoin for beginners, you can learn more.
By Tran Cong
Long-term investment (Hold): That means you will buy BTC and store for a period from 1,2,3 months to a few years, when the price increases and you feel profitable, then sell for a profit. If you have a need to buy and sell Bitcoin, you can use the Remitano floor which is the most prestigious and cheapest exchange at the moment that you still use. See instructions below:
