Topic: Do not invest in bitcoin if you don't know anything about it - page 22. (Read 2501 times)
February 26, 2018, 04:50:49 AM
It is true. You have to invest in projects that you understand and believe.
February 26, 2018, 04:38:22 AM
We should be grateful to all these farmers, students, the older, housewives who don’t know what is blockchain but buy bitcoin. Becouse without this hype there would be no such capitalization and as a consequence such useful services, protocols, apps...
February 26, 2018, 04:13:03 AM
Yes , that is good idea if you are not knowing anything about any product or currency then you don't need to invest there because you can face huge problems including huge loss. So wise idea is that you need to get full information about bitcoin and then also get some experience with working with bitcoin then you need to go to investing.
Investing is good, but when deciding to undergo into something you really don't know, well it is such a beating of your head. It is better to have a full of knowledge about it. I suggested you to do some research about many topics regarding to this. Take note. Regret is always in the end. Having assurance is much better. This is money involve so it's good to you to be careful in making your decision.
February 26, 2018, 03:31:59 AM
It's true because the risks are so high, it can drive us crazy to lose a lot of money but for those who know it will not be a problem will make them even more challenging. 
February 26, 2018, 02:40:18 AM
Investing in Bitcoin doesn't need any special knowledge as you said, just need some fiat to convert to Bitcoin and need to wait for the profit to be achieved. There is huge number of people know the basics of Bitcoin and became millionaires within a short period.
February 26, 2018, 02:32:47 AM
I agree with your opinions that you give .less knowledgeable about bitcoin is very harmful for all new investor. Make sure if you want to invest learn about and make some research about it
February 26, 2018, 01:53:39 AM
I think a very specific study of bitcoin is of course very necessary before starting an investment in bitcoin so that we will not get any losses on investments made blindly to bitcoin.
February 26, 2018, 01:40:15 AM
This is very true, information is a very important aspect of investing, a proper market study, the operating system and market trends should be deeply looked into before one commits, otherwise wrong judgement and investments decisions that will lead to unnecessary losses will be made. Thorough research is very advisable
February 26, 2018, 01:38:00 AM
Bitcoin is a global craze.Even me dont know the bitcoi how to work,but i try myself to understand hiw it wirks.Luckiky i am now enjoying the btcoin.you cannot say that if you dont know you dont invest,try to research and you really understand the how the bitcoin works.
February 26, 2018, 01:34:56 AM
Thats exactly the reason whi it hits such a high alltime high last december. Everybody was hyped from the mainstream media, and start pumping money in it. The most people dont know how it works or even what it was. If they know before whats behind this technology, and they informed about trading and financial stuff, they would never pumped their money in bitcoin at the all time high. But on the other site, without those people, we cant make such a good profit. So we need them.
February 26, 2018, 01:34:35 AM
You don't need known about BTC when you invest it
February 26, 2018, 01:31:13 AM
It is not far from investing into a traditional venture. You have to deligently do your research. And invest what you can afford to lose. Also diversify.
February 26, 2018, 01:27:46 AM
so far, most transfers to bitcoins in are without commission, making transactions earn directly on the mining, that is, the formation of new blocks of blockade
Investing on bitcoin without knowing its full technical tricks and tips will not able to earn money it gives only a great list but it had a solution for that invest very less amount at your first investment and learn with your less investment it gives good experiences and helpful to improve your knowledge about crypto currencies once you were trained you will definitely be a good earning person in crypto currencies .
February 26, 2018, 01:24:05 AM
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.
February 26, 2018, 01:19:38 AM
so far, most transfers to bitcoins in are without commission, making transactions earn directly on the mining, that is, the formation of new blocks of blockade
February 22, 2018, 08:14:58 PM
That's right do not invest in bitcoin if you dont know anything about it or in any business do not invest if you do not have enough knowledge about the company or the type of investment that are you going to invest. You have to know the bitcoin before dealing of it because in doing bitcoin you need a lot of patience and hard work to earn. You also need a great and bright strategy to keep your investment alive and to prevent loss. It is easy to invest but it is hard to keep your investment grow and alive so be carefull. And do not invest in bitcoin if you do not know how to use it and you only invest because it is popular and your friends are investment,learn before you invest.
February 22, 2018, 07:07:42 PM
I think some of the investors does not even know how to safeguard their bitcoin wallet from hackers and they just invest their money into bitcoin because they heard some news about people becoming millionaire overnight by investing into bitcoin, it would be better to gain more knowledge about bitcoin before investing huge amount of funds into it.
February 22, 2018, 07:02:12 PM
yes, especially when you have no experience from it because you put your money into something you do not know yet.
Bitcoin is legit around the world so it's okay to just hold it and see what I'm doing when you invest from it.
Bitcoin is legit around the world so it's okay to just hold it and see what I'm doing when you invest from it.
February 22, 2018, 06:57:32 PM
If they are just simply buying bitcoins and holding it in a secure wallet and waiting for a price change to cash in then there is no real harm in doing that cause that straight forward trading that many of us grand parents use to do with physical items .....buying bitcoins at one price and then selling it for a higher price is no different.....if however you are going to be putting your bitcoins to work in a venture then that's a whole different kettle of fish and that would require some knowledge of trading ....
February 22, 2018, 06:49:56 PM
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.
Oh well this does not only apply to bitcoin, generally, if you dont know anything about something don't invest anything into it. Before you invest into bitcoin, read read and read. Its your money, you should know where its going. Some people who invest in bitcoin without researching ends up selling it when it dumps. They never know how it works.
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