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Bitcoin : Basic questions (i´am a newbie in a lot of internet things)

Bitcoin : Basic questions (i´am a newbie in a lot of internet things)


I´m sorry this is some basic questions but can someone help me understand it:

1- Let´s say that i bought 1000 Euros of Bitcoin. Then, after, lets say, 18 months the currency value has grown, and my Bitcoin X value, now is worth 2000 Euros.

Can i just sell it? I need to Sell it on a exchange right?

After that, i get the money in my wallet. Can i transfer into my bank account, or i need to use it in services and products that allow bitcoin using?

Thanks in advance and i´m a sorry for the newbie questions.




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Bitcoin



Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority.
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