Unlock Euros with Bitcoin: The Smart Holder's Strategy

13.12.2024 176 times read 0 Comments

Bitcoin Holder Strategy: Get Euros Without Ever Selling

The article from BTC-ECHO | Bitcoin & Blockchain since 2014 discusses a novel strategy for Bitcoin holders to obtain Euros without selling their assets. The founders of Firefish, Igor Neumann and Martin Matejka, explain how leveraging Bitcoin-backed loans can be beneficial. As the value of Bitcoin continues to rise, many investors are hesitant to sell due to its performance as an asset. However, by using Bitcoins as collateral in loan agreements, they can access cash while retaining ownership of their cryptocurrency.

Volksbank in Westerwald Offers Bitcoin

SWR Aktuell reports on a pilot project where six Volksbanken in Germany have started offering Bitcoin sales through their banking app. This initiative includes the Westerwaldbank based in Montabaur and is initially available only to bank employees during the test phase. Jannis Holly was among the first participants who invested 200 euros into this digital currency experiment. Product manager Sercan Tasdelen highlights that there is significant demand from younger customers eager for crypto investments.

The Best Mining Providers at a Glance

» Infinity Hash

From our perspective, currently the best mining provider on the market. With the community concept, you participate in a mining pool completely managed by professionals. A portion of the earnings are used for expansion and maintenance. We've never seen this solved as cleanly anywhere else.

» Hashing24

A well-known and established cloud hosting company. With a good entry point and in a good market phase, a good ROI can also be generated with some patience. Unfortunately, we see the durations as a major drawback.

Bitcoin Uptrend Intact: Are $200,000 Next?

An analysis published by FAZ - Frankfurter Allgemeine Zeitung explores whether Bitcoin's upward trend could see it reaching $200,000 soon. Despite past volatility challenges faced by analysts like Bill Gates' skepticism towards cryptocurrencies’ intrinsic value creation capabilities—current market dynamics suggest potential growth opportunities remain strong within this sector according to experts cited throughout various sections covered under technical analyses provided therein regarding future projections surrounding price movements anticipated over coming months ahead given prevailing conditions observed thus far across global exchanges worldwide today!

Bitcoin: Bill Gates' Harsh Verdict

A report featured on DER AKTIONÄR delves into Microsoft founder Bill Gates' critical view of investing in Bitcoins back when prices were significantly lower than now at around $9k per coin compared against current levels exceeding tenfold increases seen lately despite initial doubts expressed concerning lack tangible outputs generated via such ventures. Historically speaking, overall contextually relevant insights shared herein offer valuable perspectives worth considering for further exploration purposes moving forward.

Sources:

Your opinion on this article

Please enter a valid email address.
Please enter a comment.
No comments available

Note on the use of artificial intelligence on this website

Parts of the content on this website have been created with the assistance of artificial intelligence (AI). AI was used to process information, generate text, and enhance the user experience. All AI-generated content is carefully reviewed to ensure accuracy and quality.

We value transparency and always provide the opportunity to contact us with any questions or feedback regarding the content.

No Investment Advice According to the Securities Trading Act (WpHG)

The content on this website is solely for the information and entertainment of readers and does not constitute investment advice or a recommendation according to the Securities Trading Act (WpHG). The content on this website reflects only our subjective, personal opinion.

Readers are expressly encouraged to form their own opinions regarding the content of this website and to seek professional and independent advice before making any specific investment decisions.

We report on our experiences with the respective providers and receive commissions according to the partner conditions. Our test reports are based on real tests and are documented via screenshots. Proof can be requested at any time.

Article Summary

The article discusses strategies for Bitcoin holders to obtain Euros without selling their assets by using Bitcoin-backed loans, a pilot project by Volksbanken in Germany offering Bitcoin sales through banking apps, and analyses predicting potential growth of Bitcoin's value despite past skepticism from figures like Bill Gates.

The Best Bitcoin Mining Providers at a Glance

» Infinity Hash

From our perspective, currently the best mining provider on the market. With the community concept, you participate in a mining pool completely managed by professionals. A portion of the earnings are used for expansion and maintenance. We've never seen this solved as cleanly anywhere else.

» Hashing24

A well-known and established cloud hosting company. With a good entry point and in a good market phase, a good ROI can also be generated with some patience. Unfortunately, we see the durations as a major drawback.

Comparison Table

 
  Infinity Hash Hashing24 Cryptotab Browser Mining NiceHash
Transparent Fee Structure
Low Fees
Energy Efficiency
24/7 Support
Contract Flexibility
Good Customer Reviews
Security Measures
Scalability
Regulatory Compliance
Multiple Locations
Reliable Payouts
Transparent Performance Reports
Renewable Energy
Bonus For New Customers 10% For First Deposit
  To Provider To Provider To Provider To Provider
Counter