Double Your Profit With These 5 Tips on BIT COIN,First, Bitcoins are impossible to counterfeit or inflate.Second, you can use them to send or receive any amount of money, with anyone, anywhere in the world, at very low cost. Bitcoin payments are impossible to block, and bitcoin wallets can’t be frozen.
Double Your Profit With These 5 Tips on BIT COIN,Third, with Bitcoin you can directly control the money yourself without going through a third party like a bank or Paypal.Fourth, Bitcoin transactions cannot be reversed or refunded. You should only deal with businesses or people you trust.
FifthTo be valid, a Bitcoin transactions must be confirmed at least once but preferrably 6+ times before it has happened and becomes irreversible.
Sixth, Bitcoin is not anonymous but there is tumbling. All Bitcoin transactions are stored publicly and permanently on the network, which means anyone can see the balance and transactions of any Bitcoin address.
Seventh, you can get bitcoins by accepting them as a payment for goods and services or by buying them from a friend or someone near you.
Double Your Profit With These 5 Tips on BIT COIN
You can also buy them directly from an exchange with your bank account.
Eighth, there is a growing number of services and merchants accepting Bitcoin all over the world. You can use Bitcoin to pay them and rate your experience to help honest businesses to gain more visibility.
Ninth, the Bitcoin industry is always changing and there are many Bitcoin news services to stay up to date.
Tenth, beware of the confusingly similar Bcash, BCH, Bitcoin Cash project.
Step 2 —> How To Get A Bitcoin Wallet
Setting up your first Bitcoin wallet is simple. There are several quality mobile, desktop, and hybrid wallets available. If you want to do thorough research then you can read our comprehensive guide on how to find the best Bitcoin wallet.