MemberJanuary 1, 2021 at 11:20 pm
What are the differences between Bitcoin investment and Bitcoin trading
AdministratorJanuary 3, 2021 at 6:34 am
Hi great question here.
There is a lot of happening around bitcoin and its may be difficult to separate the meaning of bitcoin investment and bitcoin trading. let me try to assist though
- When you invest in a business or company to get returns over a period of time its classified as a bitcoin investment. But most of these business models are scams.
- When you deposit money to online brokers that trades cryptocurrencies like deriv with the intention to move cryptos between each other. This is bitcoin trading.
- When you buy bitcoin today and hold them wait for the price to go up. This is bitcoin trading though the process is commonly known as hold Many bitcoin entrepreneurs have done this.
- There are many start-ups around bitcoin. A friend of mine launched a website to just buy and sell bitcoin.
- The list goes on
Let me know if you have any other questions
MemberJanuary 3, 2021 at 7:03 pm
Thanks with the answers Sir , I really appreciate and iam learning.