Topic: Do not invest in bitcoin if you don't know anything about it (Read 2501 times)
I donot think that there is anything special or complex thing that we have to learn.If anybody wants to invest in bitcoin then he/she have to just know that we have to brought bitcoin when it's prive is low and sold them when the price is high.That's it.I think this knowledge is enough to invest in bitcoin. All you need to know is the basis of bitcoin.
Yes. It is important to have a broad knowledge in investing to bitcoin before you bet money in trading sites.
Taking a risk is not a bad thing but make sure you have enough knowledge in everything that you need to know in investing or trading to avoid having losses.
I think this is the regular advise because not only Bitcoin, you shouldn't invest in anything if you or your manager doesn't know anything about this for sure. Taking a risk is not a bad thing but make sure you have enough knowledge in everything that you need to know in investing or trading to avoid having losses.
The percents that you will lose if you don't have knowledges is very high , knowledges are the key that reduce the risky in all situations.
Yes. It is important to have a broad knowledge in investing to bitcoin before you bet money in trading sites.
Taking a risk is not a bad thing but make sure you have enough knowledge in everything that you need to know in investing or trading to avoid having losses.
Taking a risk is not a bad thing but make sure you have enough knowledge in everything that you need to know in investing or trading to avoid having losses.
i think this was happened at the end of last year. many peoples doesn't know well about bitcoin, but want to buy it.
causing the bitcoin price spiked at that time. and now, bitcoin price back to normal.
causing the bitcoin price spiked at that time. and now, bitcoin price back to normal.
Bitcoin is a global craze. Even farmers, students, the older, housewives ... who are don’t know what is blockchain also buy bitcoin. Because there are so many new investors investing in it in the hope of making a big profit. But actually that is not investing that is gambling.
I do not prevent you investing to make money but invest wisely. Especially do not put all the property into bitcoin and cryptocurrency. Hope people do not blindly participate in this gamble.
Well, the btc it's a good coin to trade with another coins around the world
I think if I do not know anything about Bitcoin, I will never invest in Bitcoin. If you want to invest in Bitcoin, then you have to first get complete information about the Bitcoin forum. Such as how to invest in Bitcoin. And how Bitcoin can profit and how can we get lost in Bitcoin. If you understand all this, then invest in Bitcoin.
I do not agree on this. You can invest in bitcoin while you do not bitcoin anything about it. Many people have left their main job to invest in bitcoin and they have been very successful. Everyone can participate in bitcoin, including the students. So bitcoin won for everyone.
i dont believe anyone can just invest in what they dont know or have deep knowledge about. meanwhile getting knowledge about bitcoin is not something that is hard. moving closer to people that are already into it ansd asking questions can be of help.
Yes we cannot consider it as a good decision if you do not know about the market and going to invest your money in such places, i think that you should only invest your money in such places where you have good experience. 
Bitcoin is a global craze. Even farmers, students, the older, housewives ... who are don’t know what is blockchain also buy bitcoin. Because there are so many new investors investing in it in the hope of making a big profit. But actually that is not investing that is gambling.
I do not prevent you investing to make money but invest wisely. Especially do not put all the property into bitcoin and cryptocurrency. Hope people do not blindly participate in this gamble.
i dont believe anyone can just invest in what they dont know or have deep knowledge about. meanwhile getting knowledge about bitcoin is not something that is hard. moving closer to people that are already into it ansd asking questions can be of help.
yes it so important to know bitcoin before you invest it no one knows what is bitcoint situation if it will pump or dump better to ask in pro than do anything that you dint think
In my opinion, investing in the crypto market is important in recognizing and aware of possible situations. Pump and pour is characteristic of this market. We can not ask those who have built billions of dollars of mining farms to seek a stable market. Bitcoin is a global craze. Even farmers, students, the older, housewives ... who are don’t know what is blockchain also buy bitcoin. Because there are so many new investors investing in it in the hope of making a big profit. But actually that is not investing that is gambling.
I do not prevent you investing to make money but invest wisely. Especially do not put all the property into bitcoin and cryptocurrency. Hope people do not blindly participate in this gamble.
yes it so important to know bitcoin before you invest it no one knows what is bitcoint situation if it will pump or dump better to ask in pro than do anything that you dint think
To invest in bitcoin, you don't need to know anything. Just keep in mind always buy when the price is down. At present, the price is down, so you can invest.
I agree with you to that, You can't invest in something you don't know about, You're just wasting your money and effort, because scammer are everywhere that's why should be careful whenever we invest our bitcoin, Make a research and learn more about bitcoin before you invest, It's better to be safe.
Yes, actually knowledge is very vital element in all aspects, most especially for the decision making. Having no knowledge about bitcoin will leads you into a big problem and lots of lose transactions.
Indeed,it is wrong to blindly overconfidence in bitcoin, because if you don't know anything, you start buying BTC.
Is that a gamble? The risks of cryptocurrency market are huge.
Is that a gamble? The risks of cryptocurrency market are huge.
absoulutely true, before you will going to invest in anything that involves money , it is also your responsibility to know everything especially in bitcoin that the value is volatile. know the flow of prices and study how trading works .
Never invest in something you have not done research on and do not understand or know anything about. If you are not educated about your investment then you would making losses.
I don't think people are so blind folded like you have said to invest all their money in one basket, that too farmers I don't think, they might not even have heard of bitcoins in the first case, otherwise what told is right in the sense when investing on any commodity be it crypto currencies or bitcoin the investor should know about how it works and how the market situation is, he should find time to learn of the bitcoin and block chain technology and its history or it would be too risky to invest without understanding the market situation. Secondly, the investors should not invest all the hard money to bitcoins instead they should reserve money for day to day use and rest of the money can be used for investing in bitcoins as the bitcoins and crypto currencies are highly volatile in nature no one will be able to predict the future market.
For sure that is why so many ignorant investors are so much in a panic state and they are selling out of fear to run into losses not knowing that the price will definitely kick up again.
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