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2022 Bitcoin Introductory Teaching: 5 minutes to teach you how to speculate, buy and sell

2022-03-25
1945
  Bitcoin is a virtual currency that can be used for financial transactions and to purchase specific products.As our Bitcoin becomes more and more mature,we now use more and more Bitcoin scenarios.

  Bitcoin growth in the past 3 years)

  What is the use of Bitcoin?

  At the very beginning,many people thought that Bitcoin was just a virtual currency that could only be used for normal transactions and buying and selling.It was a very important investment tool in our financial market.

  However,with the continuous improvement of the development of the entire Bitcoin,the application market of Bitcoin began to slowly increase.From the very beginning,an American bought a pizza directly in a brick-and-mortar store with 13,000 bitcoins.That is,from this moment,bitcoin began to really enter our brick-and-mortar industry.

  After more than ten years of fermentation,Bitcoin has been recognized by more and more bigwigs.Even Elon Musk was very supportive of Bitcoin when he directly linked their new energy vehicles to Bitcoin.

  On March 24,2021,Tesla officials made an important announcement that they started accepting Bitcoin to buy their Tesla cars.And long ago,Musk had already spent more than a billion dollars on a large number of bitcoin purchases.

  As the richest man in the world,he is very optimistic about the development and future of Bitcoin.He feels that Bitcoin can better obtain more energy,and at the same time can better open up new space.He feels that the future usage scenarios of Bitcoin will continue to expand,and now their entire development has been officially linked to Bitcoin.

  In fact,since 2017,many merchants have begun to accept Bitcoin.For example,in Japan,large shopping malls in Japan have begun to accept Bitcoin for normal payments.Even Russia,their entire country,has bitcoin vending machines everywhere.If you have enough funds,you can buy bitcoins directly in their machines.

  So we can clearly feel that in the course of these years of development,Bitcoin has become the mainstream trend of virtual currency in the entire market.It is because its entire structure is very complete and it is irreplaceable,so more and more cities and enterprises are slowly accepting it.

  In 2017,Bitcoin can be used to pay for coffee in the Zhongguancun garage in Beijing.

  It is believed that in the future,the entire usage scenarios of Bitcoin will become more and more extensive.

  (Bitcoin historical price situation)

  What are the ways to buy bitcoin?

  There are currently three ways to buy bitcoin.

  The first is to buy bitcoins in exchanges.Now we have a lot of exchanges in the market.We need to find a very formal and suitable transaction,and then register an account that belongs to us in this exchange.,and identify and authenticate our basic information.After our registration is completed,we will be able to buy regular bitcoins in this exchange.

  In the second aspect,we can buy in foreign PtoP platforms.There is a very big feature here,that is,transactions made directly through personal services.That is,we found one of the people who had bitcoin,and then we bought bitcoin from him through the platform,and after we handed the cash to him,he handed the bitcoin to us.The platform is absolutely not involved in any intermediate links,it just provides us with a suitable trading platform,which can not only ensure our transactions at ease,but also ensure the safety of our transactions as much as possible.

  The third aspect is to make purchases through other means.There are many people abroad who like to use e-wallets.Their e-wallets have a lot of bitcoins,and an e-wallet will have a fixed bitcoin account.This bitcoin account can bind his bank card,and also able to conduct normal transactions.Some electronic wallets are only allowed to be used abroad,and some electronic wallets can also be used normally in China.And some miners will also sell a lot of bitcoins,so this method is also a good choice.

  What are the popular ways to play Bitcoin?

  Now many people will choose to play Bitcoin,that is to say two ways.

  The first way is to do a lot of mining.As long as more resources can be mined,the entire algorithm can run faster.We can get more bitcoins in the market,but this method also has a big disadvantage.First of all,it requires very high computer equipment.On the other hand,our entire mining is also a probabilistic event.Therefore,in many cases,the efficiency of our entire mining is not particularly high,and even after we mine a bitcoin,we may still lose money.This method is not the choice of many people,most people prefer the second one.

  The second is to freely buy and sell in the market.Just like when we trade,after we see that the entire Bitcoin market is constantly rising and falling,we can also conduct a large number of buying and selling transactions in the market.

  After the massive expansion of Bitcoin since 2011,its entire rise rate is very amazing,especially in recent years,his entire rise has shown a geometric rise.

  So there are still many opportunities for us to trade Bitcoin.Especially in the big market,Bitcoin started from one dollar in February 2011,and now one Bitcoin will reach tens of thousands of dollars.If we choose to buy and go up at random in the middle of this process,and then we keep holding Bitcoin,we can get hundreds or even thousands of times the profit.

  Wouldn't this be more fragrant than us going mining?So this is why so many people are willing to trade bitcoin in the market,and bitcoin will bring us a lot of space in short-term transactions.Because its ups and downs are very large,it is in the process of its rise or in the process of its decline.Its entire space can expand rapidly,and that is the charm brought by Bitcoin.

The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.

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