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Topic: Do not invest in bitcoin if you don't know anything about it - page 12. (Read 2501 times)

hero member
Activity: 3024
Merit: 745
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I don't have anything to say with those people that sold all their property for bitcoin. It's their choice and probably they know what they are doing and the risk that they are taking. When I invested in bitcoin, I took the time to study maybe a week or two before deciding if it is worth of my time and money and I can say that it did. The price may fall today and many fuds are coming out but still with a little knowledge with the technology, we can stand still with this.
full member
Activity: 882
Merit: 100
Should not invest on the basis of your wish.If you want to invest in Bitcoin then you must be know about Bitcoin.You try to know better And then invest in. You must have ideas about blockchain. Otherwise you can get in danger.
sr. member
Activity: 1002
Merit: 254
Tontogether | Save Smart & Win Big
Do we need extra knowledge, if we have the knowledge of different stock exchanges.
Do trading in bitcoin co-relates with general stocks exchanges.

If you know to exchange bitcoin with certainty, you will get more. You will become more wise in terms of handling money. It's just a maintenance or stepping-stone to reach your goal. If you do not know what you're doing you will definitely be losing money
this is true . Not only bitcoin but all markets if we invest without knowing about the market they are investing in, losing money is only a matter of time. I read and learned a lot. But when I joined the investment I also lost money. To invest in this market we need to have time to experience.

We learn from our mistake and that what bitcoins teach me.
Never invest if you're newbie and learning, At least take experience and test your self.
newbie
Activity: 39
Merit: 0

bitcoin is now like a craze which i totally agreed and it will be increased later on.whoever have bitcoin but don't know how to invest, than, keep your money save in your wallet.your deposited money will give you profit without investing anywhere because of the high value of bitcoin price.you can invest when you think you have sufficient knowledge about investment system with btc. take risk with knowable ways.
member
Activity: 67
Merit: 10

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.  Roll Eyes
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. Grin

I think this is not merely a gamble where you are lucky or not. But this is an investment opportunity like a business in the future that you have to acquire and hold or trade in a buy and sell activity for you to gain profit. It is a pure business using your chances and skills to grow your coins. Although this includes risk as to how you manage well your stocks securely and safely. Because there are many ways you can be unsafely unguarded. You are correct that to manage your coins wisely. Take only the risk you can afford if anything goes wrong.
sr. member
Activity: 1274
Merit: 278

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.  Roll Eyes
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. Grin
That's right, much better if an aspiring jnvestor will first read about his/her target investment which in this case, Bitcoin. Read feedbacks or opinions from those who have already invest into it to avoid anomalies given that investing to Bitcoin has risks due to the volatility in the msrket. In this way, you'll be awared on what you are engaging your money with.
sr. member
Activity: 1002
Merit: 254
Tontogether | Save Smart & Win Big

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.  Roll Eyes
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. Grin

I am agree with title of your posts. You should not invest if you're newbie and learning. When i start my journey i just put my all money and i was just learning bitcoins i still feel so regret what i did.
full member
Activity: 854
Merit: 103

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.  Roll Eyes
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. Grin

I will also add here: do not start any business if you do not know anything about it. The first thing you should start with is your self-education. Start collecting the information about Bitcoin and remember all the facts connected with it.
newbie
Activity: 196
Merit: 0

Bitcoin is a global craze. Even farmers, students, the older, housewives ... who is 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.  Roll Eyes
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. Grin
Yes, I totally agree with your opinion. Should if you want to invest in Bitcoin must master science first. Do not just think about the benefits, because behind the big profits would risk greater. It's okay to invest in Bitcoin but have to know the limits. Do not all the treasures you have then you invest all. Because of the investment, there are advantages and disadvantages as well. Must be good at investing in Bitcoin.
newbie
Activity: 167
Merit: 0
Do we need extra knowledge, if we have the knowledge of different stock exchanges.
Do trading in bitcoin co-relates with general stocks exchanges.

If you know to exchange bitcoin with certainty, you will get more. You will become more wise in terms of handling money. It's just a maintenance or stepping-stone to reach your goal. If you do not know what you're doing you will definitely be losing money
this is true . Not only bitcoin but all markets if we invest without knowing about the market they are investing in, losing money is only a matter of time. I read and learned a lot. But when I joined the investment I also lost money. To invest in this market we need to have time to experience.
newbie
Activity: 168
Merit: 0

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.  Roll Eyes
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. Grin



Bitcoin is a good investment because the rate of it is always on top.  Of course,  you should know at least a little about it.  Therefore,  it's not that difficult though to understand how it works. Better to study about it or do some research, so you can take advantage of other things to earn bitcoin. After all,  it''s more easier now to figure out things because of the Internet.  Do a research.   
jr. member
Activity: 317
Merit: 1
Do we need extra knowledge, if we have the knowledge of different stock exchanges.
Do trading in bitcoin co-relates with general stocks exchanges.

If you know to exchange bitcoin with certainty, you will get more. You will become more wise in terms of handling money. It's just a maintenance or stepping-stone to reach your goal. If you do not know what you're doing you will definitely be losing money
full member
Activity: 1022
Merit: 100
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Invest need to know more knowledge about that.  Without getting knowledge you can't get your profit . so you have to gain knowledge about bitcoin before investment. You can't invest anything that you don't know about.
sr. member
Activity: 1190
Merit: 250

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.  Roll Eyes
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. Grin
I agree that we should be wise in putting money, blindly or selling anything to buy bitcoin is certainly a silly thing because if the price drop then we will cry.
hero member
Activity: 966
Merit: 507

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.  Roll Eyes
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. Grin
I think the problem with this is not in itself the fact that people are interested in investing in something that looks promising, the problem is that instead of requesting the advice of investment experts, they get carried away by the malicious intentions of people without scruples that only seek to take advantage of the ambition and ignorance of many new investors, with the sole purpose of depriving them of they hard earned money.
full member
Activity: 321
Merit: 100
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I definitely agree with op. I see some people buying bitcoin with no knowledge about wallets, transaction, exchanges, etc. I do not say that everyone should know technical things behind blockchain and understand concept of forks, but every bitcoin investor has to know about wallets. Wallet knowledge and chosing one of them must be the first thing to know
sr. member
Activity: 479
Merit: 250
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of course. if you do not anything in your mind, dont invest. because this is a real job which need knowledge and skill from learning. I can bet with you that, if they just buy based on the info, you will be easy lose your money.
member
Activity: 476
Merit: 10

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.  Roll Eyes
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. Grin

Most people who get into bitcoin because of its ability to earn them profits most of the times get disjointed, panic and sell whenever a good opportunity presents itself, i think we shouldn't even worry about them, when their curiosity is satisfied, they just get out most of the times, its however a good advice but will they listen? driven by greed, all they want is to make huge returns.
jr. member
Activity: 84
Merit: 1
I believe in the same thing too, it widely common and rational to know
more with what you are buying and investing. The allure of money and more
profits completely hinders the true purpose of supporting bitcoins. It is with
that unique and innovative purpose we support bitcoins. Get to know bitcoin
well before investing in it.
newbie
Activity: 55
Merit: 0
I agree to this. If you put in money at least read and learn what you are investing in Bitcoin Just the basics is enough. Don't just listen to any news and do some research to know if it is true or not. Know what kind of investment you are into so you won't panic at the slightest jump in price.If You Interested Invest In Bitcoin You Must Need Before Invest About Bitcoin Any How.
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