So yeah im a absolutely noob in bitcoin hehe
my question is: When i got bitcoins on my wallet and lets say i dont go on this wallet for 2 years will the bitcoins increase? So is this a way to investest (and yes i know it can fall lets say it wont fall)
Originally Posted by Specksack
So yeah im a absolutely noob in bitcoin hehe
my question is: When i got bitcoins on my wallet and lets say i dont go on this wallet for 2 years will the bitcoins increase? So is this a way to investest (and yes i know it can fall lets say it wont fall)
if the price of usd to bitcoin increases then what you have will be worth more so yeah
Yes, if the price of bitcoin in 2 years is higher than the price you bought it for.
Originally Posted by Astro
Yes, if the price of bitcoin in 2 years is higher than the price you bought it for.
ythx alot man
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Thanks dude :-)
Originally Posted by Specksack
ythx alot man
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Thanks dude :-)
If you are going to hold them for such a long period of time I'd recommend you to get a hardware wallet like the trezor, thats way safer than storing them on an online wallet or your PC.
@Specksack if you bought bitcoin a couple years ago you would be rich
I also invested on bitcoins, I bought $200 of bitcoins a few weeks ago when it dropped, I'm playing the waiting game now until it increases
lmao dude
Of course, the same would be the case with any other currency if it had increased