What does it mean to hold Bitcoin (Where to hold Bitcoin)

What does it mean to hold Bitcoin? According to Bitcoin news, holding Bitcoin m

What does it mean to hold Bitcoin (Where to hold Bitcoin)

What does it mean to hold Bitcoin? According to Bitcoin news, holding Bitcoin means putting it into a wallet in the near future. To put it simply, it means diversifying funds into different places or storing them in cold storage. For example, if you want to deposit $100 in cash to buy a bunch of things and then withdraw the cash from the bank, and then pay with a credit card or debit card to a thief (similar to Alipay), this amount can be entrusted to a third party for safekeeping and transfer. If there is no such method, then all the coins will be transferred to your personal address, so you won’t know that you have lost your assets.

Where to hold Bitcoin

According to an analysis article by Coindesk, the current price of Bitcoin has been hovering above $9,000 for about a month, but if the market sentiment turns bullish, the price may rebound to $9,250 in the short term. And if Bitcoin continues to rise in the future and breaks through the $10,000 mark, it will undoubtedly be good news for the market.

In addition, according to data from Bitinfocharts, the total transaction volume on the Ethereum network in the past 24 hours has reached a historical high of $240 million. And in the previous week (March 27, 2018), this number reached a historical high of $1.1 billion, which means that over time, the market value of ETH and LTC will rise significantly.

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