How to invest in BTC in the long term

[rollsroyce]

Hello,

THIS IS A QUESTION FOR EXPERIENCED TRADERS IN BITCOIN

I am a novice in BTC but have been lucky so far. I bought BTC at under $2000 and have now sold it at $4100. I am sure that I have made some mistakes in the way that I have bought, stored and sold the BTC.

I now want to trade both long term and short term in BTC. I want to trade in minimum USD $10,000 blocks

Long Term What is the "best practice" processes to buy and sell BTC?
Where is the best place to buy BTC using USDs
Where is the best place to store BTC using USDs. As a result of my limited research, security seems to be a major issue. I am prepared to buy a dedicated computer solely to store the BTCs if necessary
What is the best place to Sell BTC using USDs

[coinsmaniac]

Hi,

well you have few options available:

1. As you have done it before, just hold and wait while price is big enough to make a serious profits. Buy Bitcoin and hold.
2. Trade between many cryptocurrencies. It requires knowledge and experience for sure, but there are a lot of traders who are successful and makes huge earnings.
3. Invest Bitcoin to forex, stocks and other markets. You would say that you've no experience for this, but platforms such 1Broker may help you with copy trading (social trading function).
4. Lend Bitcoins for very big interest rate.

All these methods have various risks involved for sure. However, every of these may be profitable.

This answer should not be treated as financial or trading advice.