RE: Huge Bitcoin Recovery Coming Very Soon?

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Huge Bitcoin Recovery Coming Very Soon?

in bitcoin •  7 years ago 

I am mostly interested in Bitcoin but need to understand this block-chain technology! Who manages the system? How can I get paper money from my e-wallet? Please help me to know!

Thanks

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no one manages bitcoin it is decentralized so everyone can acess it also you can sell your bitcoin in the market if you want it in cash but you can use bitcoin as a currency other stores are accepting bitcoin

C'est juste comme ca.

Hello,

Thanks a lot for your reply. To gain an endepth understanding of this, I have like three questions:

  1. How do I invest in bitcoin? Do I need to open an account on a certain platform like this or I give my money to an Agent?
  2. How do I make profits? Any interest rate involved?
  3. How do I withdraw my money ? Any bank involved?

Thanks a lot for trying to help

@papotus , @Crypto Inferno , @angelinafx , @Bitcoin Growth Bo

Ok so you need a wallet no an account
A wallet is something you use to recive and send btc
To buy btc you just need to go to a market online and buy there
No there is no intrest rate you profit when btc prices go up
Withdraw? You can sell your btc on the market again to recieve your cash
You can search online what market you want to use there are also apps but im not sure what country you are in so just look it up