Hi there!
I want sugestions about how mutiply the BTC with your own gains...
I invest $500,00 in BTC, in variation of BTC (%) I have now $530,00....
I want to know if it's worth to sell those small profits ($30*) to wait a down Bitcoin % to repurchase them again. Or is it very little profit and not worth reinvesting?
Help me understand this mathematics of reinvesting to multiply profits... I'm very confusing about it, and I want reinvest and multiply...
bitcoin is a crypto currency, a type of digital currency that uses cryptography to gain user access, manage units for making new currencies, and facilitate unit transfers from one person or party to another. Bitcoin uses a peer-to-peer transaction system and can be decentralized. When someone deals with Bitcoin, transactions are broadcast to the user's network to ensure this unit is not used more than once.
Bitcoin miners can benefit, because they will get a new Bitcoin prize that can be cashed. This is not an easy matter. For every transaction on the Bitcoin network (Blockchain), miners use super computers to find the hash. Hash itself is a product of cryptographic functions that connect blocks one block to another. In addition, Bitcoin has a currency unit limit of 21 million, so mining difficulties will increase over time.
However, by increasing interest in mining Bitcoin, alternative ways have also emerged to facilitate this activity.