Investors in bitcoin have enjoyed an incredible year. Twelve months ago, the price for one unit of the cryptocurrency stood at just about $1020. As now, one bitcoin trades for $23,45 — an approximate 149% gain in just one year.
Many people also tend to believe that there’s no room for growth, but again looking at Bitcoin, the most popular of Cryptocurrencies, it’s clear that that isn’t the case. It’s taken time, but slowly Bitcoin has been being accepted at different online shops, and even now it’s accepted in actual stores when you walk in as payment.
Bitcoin has risen from being a small idea to a large movement, one which has no limit for growth, on a social network, or in an educational field. A Cryptocurrency could be used as a replacement for meal plans for college students, or as a way to teach about online banking to kids in High School, and that’s just the start of its reaches in education.
These currencies aren’t going away anytime soon, in fact, they are likely going to grow until they are an integrated part of our monetary systems, not just on a small scale, but globally. So, here are some smart way to invest for it.
One of the most straightforward such ways is to simply buy bitcoins,ETH(https://cex.io/r/0/up104639387/0/) and hold on to them for the long-run. Through this method, one will indeed tie up his/her investment for a longer-than-ideal time, but the eventual returns may indeed be fabulous.
Earn Bitcoins from interest payments %- which are said to carry nice potential returns, If you already have some Bitcoins, put your Bitcoins to work for you. Earn Bitcoins through interest payments by lending them out. Lending Bitcoin now is big business. See how to lend and borrow bitcoin(https://xcoins.io/investors?r=1vxzhz) and how to earn massive amounts of bitcoin extremely easily.
Another way is to just mine bitcoins -Mining is the process of bitcoin mining utilizing a remote data center with shared processing power. This type of mining , like cloud mining or pool mining allows users to mine bitcoins or alternative cryptocurrencies without having to manage their own hardware.Cloud mining offers a unique option for mining with a low cost of entry as well as minimal risk and expense, which is opposite to traditional models of mining that involve procurement, maintenance and configuration of highly specialized hardware. I’m actually earning $20 a day with these site and it all started with only $50 . I just kept reinvesting it. https://hashflare.io/r/6975A7B4