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Best option for keeping bitcoin in the long term?

Just to preface this I'm not knowledgeable in the trading world as I'm sure most of you are but I know a small amount. I'm looking to buy bitcoin and keep it long term as a small investment. My first idea was to buy it and transfer it to a cold wallet storage in a harddrive for the long-term but it seemed very complicated and I fear I will mess up. I then saw that I can buy bitcoin contracts on Plus500 and keep them in the app that way. As I'm not using the bitcoins as a form of currency and just as a means to accrue value over a long period of time, am I safe in just buying it on plus500 and leave that sitting in my portfolio in the long term.
Sorry if this is a stupid question or I come across unknowledgeable haha.
submitted by Outasight21500 to Trading [link] [comments]

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By using Plus500 you can speculate on both increases and decreases of the bitcoin price. But how does trading in Bitcoins with Plus500 work? Bitcoin trading with Plus500. Before you can trade bitcoins with Plus500, you must first open an account. At Plus500 you can trade in the price movements of the bitcoin without paying commissions. So, the Plus500 report starts by explaining the basics behind the Halving Bitcoin 2020. For, despite the enormous publicity this event received in the specialist media. Including a virtual party hosted by Binance to welcome it. Not everyone who lives in the crypto world knows what it’s all about. As we have also explained here in Crypt Trend, the Halving is an event that occurs in the ... The chart above shows how the value of Bitcoin has increased from around $4,000 in early April 2019 to $9,000 in June 2019. That’s an increase of around 125%. The chart below shows the price movement of Brent Oil, which by its usual standards had a particularly volatile few months over the first half of 2019.In April, its value was around $70 and in June it was $60. However, Plus500 provides an alternative easier-to-implement solution in the form of an online app for trading CFDs on Bitcoin (through the BTC/USD pair). Transactions on the Plus500 app can be carried out in both directions (Buy or Sell), and a high level of liquidity is ensured through the use of real-time price feeds from major Bitcoin exchanges. Plus500's Bitcoin CFDs are available for ... The graph shows you the price fluctuation over various periods of time. You can also conduct your own analyses on the graph by using technical indicators. How do you open a position? When you want to trade with Plus500, you can for example open a position on a stock or a commodity When you open a position you always have two options. By buying, you speculate on a price increase. This makes it ...

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'Fake Bitcoin' - How this Woman Scammed the World, then ...

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