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Showing posts with the label grow Bitcoin

The Time Is NOW to Gather and Grow your Bitcoin

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The time is NOW to Gather and Grow your Bitcoin There are a lot of investors who are speculating with Bitcoin and other Cryptocurrencies because they are in nature volatile depending on market supply and demand. They see investing in Bitcoin as a short-term investment and they make a good income from buying when the Bitcoin Price is Low and selling when it is high.  It is reasonably easy to do, as all you need to get started is some starting capital and a free Luno account.  Luno has a live link to a Bitcoin (BTC) and even Etherium (ETH) exchange where you can place your buy order at a low price when the currency is at a low price point and then selling when it is at a higher price point.  This can be done several times daily or weekly. However, I am talking about holding Bitcoin (HODL) for a long-term such as 3 to 5 years and then cashing out on the growth when it is at an unprecedented high.  I purchased 1 Bitcoin in April 2014 for $419 of about R6 300. I can...

Set aside some funds in Bitcoin that you grow

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Bitcoin (BTC) is volatile and a lot of people speculate on this buying BTC when the price is low and selling when it goes up again, just like shares.  But we all know there are certain shares (Blue Chip Shares) that an investor purchases for the long term, knowing or expecting a sizable increase over time.  These shares are kept and yield dividends in the interim.  Growing your Bitcoin and investing it in Mirror Trading International (MTI) is similar to holding Blue Chip Shares.  Most expect the price of BTC to go up substantially in future and some even talk of a price of up to $100 000 per Bitcoin!  The Bitcoin Blockchain will fork again soon and we know from the previous forks that the price of BTC increased.   In an article well worth reading:  The case for a small allocation to Bitcoin ( https://www.kanaandkatana.com/valuationdepot- contents/2019/4/11/the-case-for-a-smallallocation- to-bitcoin )  By Wences Casares ( https:...