Most people may not know about Bitcoin investment methods. Do you know these 3?

When it comes to investing, it’s not a complicated matter. People buy Bitcoins in the hope that the cryptocurrency will increase in value in the future.

Most of us use Bitcoin for three main purposes: purchasing, investing, and speculating . The first use cases of Bitcoin were people exchanging Bitcoins to pay for a variety of materials, website hosting, logo design, and even a cup of cappuccino. Today Bitcoin is widely accepted and can be used to pay for almost anything, although not everywhere accepts Bitcoin payments. In particular, Bitcoin is used by many criminals to conduct shady transactions, gambling, and purchase illegal drugs and services.

When it comes to investing, it’s not a complicated matter. People buy Bitcoins hoping that the cryptocurrency will increase in value in the future. Most likely, these investors are waiting for a critical moment when Bitcoin mining will completely end.

Speculators are similar to investors in that they are looking for immediate gains. Rather than waiting for a few years for the price of Bitcoin to grow, speculators will try to profit from the recent rise or fall of the price of Bitcoin. However, there are some other ways to use Bitcoin, and these methods do not even require you to have any Bitcoin to try.

Financial Trade

Most Bitcoin speculators place orders on an exchange. This is quite risky, as if an exchange is stolen, the user who deposited their money there will go bankrupt. At the same time, Bitcoin speculation is more profitable when it is done on margin, but unfortunately it is difficult to find a suitable local exchange, however there are many currency brokers and even binary options brokers that allow Bitcoin to be traded for major currencies. This means that you can store your money in dollars, euros or any other currency and profit from the fall or rise of the Bitcoin price.

poker

If you like a little excitement, you may find poker useful. However, until a few years ago, Bitcoin poker rooms did not exist. Nowadays you can deposit Bitcoins into a poker room and use them as capital, and all earnings are available for withdrawal in Bitcoins. This option is very convenient for some people who hold Bitcoins for investment purposes and would rather spend Bitcoins than use cash.

loan

This option is more curious and useful for people who hold Bitcoin for investment purposes. While one expects its Bitcoin price to grow, this does not mean that Bitcoin cannot generate some passive income. A few years ago, the first Bitcoin online peer-to-peer lending companies appeared. Today, through these platforms, funds can be lent to many people, which may be able to earn up to 20%-25% additional returns per month.

Of course, the specific operation process and matters need to be carefully understood by individuals.