How can I use my Bitcoin money?

You can use your Bitcoin holdings in several ways: - Sell it for cash: If you sell your Bitcoin holdings, you can get cash that you can transfer to your bank account (or invest in other assets). - Trade it for other coins or tokens: If you hold Bitcoin, you can trade your Bitcoin for other forms of cryptocurrency, such as Ethereum or Dogecoin. - Pay for purchases: Some companies allow you to use Bitcoin as a payment method. You can use your holdings to book hotel stays, purchase a new computer, or cover a restaurant bill.

Does Bitcoin outperform the stock market?

Although Bitcoin is fairly young, its performance over the past 15 years has been impressive. Over the past five years, its price has increased by over 450%. To put that performance in perspective, consider that the S&P 500 ─ a stock market index that tracks the performance of 500 of the largest companies in the U.S. ─ increased by about 85% over the same period.

How do I start investing in Bitcoin as a beginner?

To start investing in Bitcoin (or any cryptocurrency), you’ll need to open an account with a cryptocurrency exchange. Once the account is created, you can transfer money to your crypto account from your bank. After the money is transferred, you can place an order for Bitcoin and other tokens or coins.

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CURRENT PRICE OF BITCOIN: DEC. 16, 2024

Current price of Bitcoin as of December 16, 2024