Posted By: Admin
On: August 13th 2017
Category: Entrepreneurship, Bitcoin, Finance
HOW DO I INVEST IN BITCOINS?
Do you want to invest in bitcoins and blockchain technology? We here are a few tips. Always remember to check the regulations of your country in regards to bitcoins and crypto currency before investing.
You can start investing in bitcoins with as little as $50. Buy and hold for a long period in your wallet, when the price rises you can sell your bitcoins for more profit.
You can buy altcoins (Other forms of bitcoins/cryptocurrency made with the blockchain technology) with your bitcoins or credit card and hold for a long time then sell these altcoins when thier prices rise.
Some promising altcoins are Ethereum ETH, Litecoin, Bitcoin cash BCH, Zcoin, Dash coin, Bytecoin, Monero, Ripple, Steem. Always make your research before purchasing any coins.
Invest in companies that perform ICO's (Initial Coin Offerings). Refer to the regulations of your country of origin and on the founders of these ICO's to ensure that your crypto currencies do not go to waste. The period of profitability for ICO's are for long term investors. A period of 6 to 12 years before you can receive a return on your investments.
Trade bitcoins on the exchange market daily. (Only for professional’s traders or aspiring professionals.)
Create a product or services and trade the services for bitcoins or cryptocurrency.