Topic: Do not invest in bitcoin if you don't know anything about it - page 27. (Read 2501 times)
February 14, 2018, 04:30:23 AM
I think that at least the basics should be known when somebody wants to invest in bitcoin. For example that bitcoin is not backed up by a government or central bank, or that transactions are not reversible. From a technical point of view somebody should be able to handle a transaction. But in general, if somebody wants to put his money in a business that he does not understand, that might be not a very clever decision, but hey, it's a free world.
February 14, 2018, 04:29:39 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.
people who don't understand in bitcoin should not invest in it. they just put money because it is a trend now and if the price fall a little bit they start to panic and lose money. people that don't built to this instability of prices should not invest in bitcoin.
February 14, 2018, 04:25:39 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 14, 2018, 04:19:08 AM
This is true. I myself researched how things work and the background history of Bitcoin. I was reluctant at first but when my sister showed me results, I wasted no time to join and venture bitcoin. At first, it is a bit confusing but once you understand how things work, it will be as easy as reading a book...
February 14, 2018, 04:13:57 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 14, 2018, 03:59:27 AM
For sure this is a serious issue,some person just jump from their kitchen to invest in bitcoin,not knowing anything about what they into,i will always say please try to understand what are going into before investing,do some reach about blockchain and crypto as a whole,this will reduce panic when there is a big dip in the market
Some people invest money into bitcoin without knowing anything and they think it will make them rich.
February 14, 2018, 03:58:27 AM
For sure this is a serious issue,some person just jump from their kitchen to invest in bitcoin,not knowing anything about what they into,i will always say please try to understand what are going into before investing,do some reach about blockchain and crypto as a whole,this will reduce panic when there is a big dip in the market
February 14, 2018, 03:46:59 AM
I do not understand people who invest in bitcoin, especially if they doтt understand how it works. Everyone knows that it is more promising to work with innovative blockchain platforms that will bring real benefits. At the moment I'm studying this project - safinus (https://www.safinus.com/) and I consider it very interesting. Do not you think so?
February 14, 2018, 03:45:09 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 14, 2018, 03:42:57 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 14, 2018, 03:39:39 AM
It still a good time to invest bitcoin in 2018, because the cap of bitcoin is still low , look at the total cap of financial products , that is about 300,000,000,000,000 dollars.
February 14, 2018, 03:28:59 AM
I too is guilty of this. I jumped/invested in Bitcoin HYIP without even doing due diligence on it. But I learned my lesson. We need to be certain before investment especially with bitcoin there are a lot of scams there. Bitcoin by nature is highly risky.
February 14, 2018, 12:47:28 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 14, 2018, 12:16:13 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.
I agree to what you said, most of the consumers today are just investing immediately without any knowledge about the situation in the market. Newbies are losing a lot of profit because they panic selling their coins when the market is dumping so always try to look at the situation before investing in order not to lose your profit.
February 14, 2018, 12:15:31 AM
Well I think only fool will do investing on things that they really never know or maybe no person would invest without any assurance at all because investing really need a capital and it really involved a huge amount of money that is why we really need to be sure on it to avoid losses in the near future.
February 14, 2018, 12:01:48 AM
For me bitcoin investment is also called as a gambling, you should gamble with your own risk but bitcoin is a potential investment and a sure win if you know how to deal with it, that's why for every bitcoin investor should do a research first before doing anything.
February 13, 2018, 10:52:25 PM
That's right better to invest only the money who are the extra because evn bitcoin have big potential to increase more the price in the future they have possibility the price will become 0 or bitcoin die and for sure if that happen you lose your money. Many people not think wise because even their savings they invest to bitcoin and that's not good. But it depends to the people if they want to invest all or extra money only.
February 13, 2018, 10:37:10 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.
And they are not looking towards the risk of investment in bitcoin and are directly thinking that they will invest and make bulk profit .
I think here we need to start a better platform at social media where we should teach not only positivity to have bitcoin like things in our life but also to tell them how much is risky and how can be lower the risk of investment in cryptourrency and what are wise steps to out Money in bitcoin and what are perfect timing to put and out the money from cryptourrency market for better and bulk profit.
February 13, 2018, 10:29:19 PM
Especially do not put all the property into bitcoin and cryptocurrency. Hope people do not blindly participate in this gamble.
You didn't also tell people what they need to know about Bitcoin before investing in it or are you trying to discourage investment in Bitcoin?
February 13, 2018, 10:22:05 PM
Investing is a very profitable land, for everyone who understands and understands a good way, if you do not know much about investing, better discourage your intentions first, better exchange ideas with experienced people.
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