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Topic: Do not invest in bitcoin if you don't know anything about it - page 30. (Read 2501 times)

full member
Activity: 504
Merit: 107

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
Actually, nowadays there are so many crypto projects that aiming for our daily tasks. Whether it from horticulture until education and everyone from that elements can invest in them.
A simple mindset about DWYOR is always to be kept. Asking the experts is also not a bad idea. That can help us to expand our reference to bitcoin and other alts as well.
member
Activity: 182
Merit: 10
i agree with the main post in this thread. nowadays everybody talks and knows about bitcoin, not all of them knows that there is more crypto currencies out there)) and more and more people are buying bitcoins, but they don't have even a clue how it all works. people, you should at least learn something before putting all your money somewhere))
member
Activity: 203
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
Yes,its true!dont go to a point that you really dont know because knowing something that you wanted to do is very important to a one person especially it is all about business and you wanted to invest for it.know it first,inquire everything what you need to do and dont put all your money or anything that can invest.it is not wrong to try but be wise also.
member
Activity: 322
Merit: 10
The first thing any potential investor should do is to carry out research on the project you want to invest in, and the best thing to do before buying your first bitcoin is to read about bitcoin in other to understand how the market work's in other to be able to analyse current happening and events in bitcoin and the cryptocurrencies world.

In joining investment be familiar of what you are investing ,gather more information on how to grow your investment you are in.If your are not familiar with bitcoin just hold your money before investing for bitcoin,so be familiar with bitcoin and thats the time you invest money and grow.
newbie
Activity: 140
Merit: 0

Лyчшe пocoвeтoвaтьcя c людьми кoтopыe в этoм пoнимaют и тoгдa peшaть инвecтиpoвaть или нeт в биткoин
member
Activity: 350
Merit: 12
really, investing in bitcoin must have a risk and if we want to invest we should learn about bitcoin first, what are the risks and what are the benefits, because if we do not have knowledge about it then we will easily lose all our money
hero member
Activity: 2590
Merit: 644
This is what the newbie should think before they put any money in bitcoin because most of them are just getting hyped by the people who are earning in bitcoin and they are just getting into it because they also want to earn but when they loss a lot of money because of the volatility, they argue about it and blame it to bitcoin and call it as a scam while it is their own fault.
member
Activity: 952
Merit: 41
The first thing any potential investor should do is to carry out research on the project you want to invest in, and the best thing to do before buying your first bitcoin is to read about bitcoin in other to understand how the market work's in other to be able to analyse current happening and events in bitcoin and the cryptocurrencies world.
member
Activity: 378
Merit: 10
I agree with the fact that you should do some research before you get into bitcoin. Don't just invest because your friends did. Read and learn before
full member
Activity: 556
Merit: 100
Of course not everyone knows that. Try to know every thing first about the investment before you invest if its worthy to invest and especially if this is not a scam.
hero member
Activity: 1498
Merit: 502
👉bit.ly/3QXp3oh | 🔥 Ultimate Launc
I agree, no need to invest if we do not understand about it, and if I have to invest, of course I have to learn more from friends who have experience about this investment
This rule is totally independent of bitcoins. Not only with bitcoins, but every other investment thing you would be implementing such rule for better results. And if this rule is being ignored, believe me the results would be so distractive and disturbed. The reason is simple, if you don’t know what to do with one thing then how can you manage to go over it and earn something out of it.
copper member
Activity: 294
Merit: 0
The increased number of investor of bitcoin after the price boom sure is staggering and wonderful, but if we come to think of it, a number of them have not educated themselves about all sides of the bitcoin and some even have no idea, they just wanted to invest because it has a high value. Never invest if you dont have enough knowledge.
hero member
Activity: 3010
Merit: 629

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. If you spend money investing in something you have to know at least the basics of this instrument. Bitcoin investment need knowledge about blockchain, decentralisation, wallets and safety requirements. I do not agree saying do not invest in bitcoin if you do not know anything about it, instead I would say do research on bitcoin if you plan investing in it.
This is not about bitcoins only. I suppose everything on this planet earth needs some prior knowledge for taking a start with it. If you don’t know something about it, how can you be utilizing its resources and taking out the advantages and profits. Don’t be greedy in bitcoins, learn first, and get some basic knowledge that you would be able to cater the problems, then practice.
Thats true we should atleast know the basics, give time and exert effort first to understand how bitcoin works before taking the risk of investing. There are things to consider before you take the plunge and its important to know that. If every investors are knowledgeable in this matter, we can avoid some mistakes that empty-headed usually commit like investing the money they cant afford to lose.
full member
Activity: 659
Merit: 101

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. If you spend money investing in something you have to know at least the basics of this instrument. Bitcoin investment need knowledge about blockchain, decentralisation, wallets and safety requirements. I do not agree saying do not invest in bitcoin if you do not know anything about it, instead I would say do research on bitcoin if you plan investing in it.
This is not about bitcoins only. I suppose everything on this planet earth needs some prior knowledge for taking a start with it. If you don’t know something about it, how can you be utilizing its resources and taking out the advantages and profits. Don’t be greedy in bitcoins, learn first, and get some basic knowledge that you would be able to cater the problems, then practice.
newbie
Activity: 182
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

You have point. The way of investing is not to the point putting all the property in it. Wise way of investing is move forward or go backward. Go forward to gain. Go backward not to defeat but rather just playing safe.
member
Activity: 196
Merit: 10
I agree with you but they can still learn about bitcoin to understand what bitcoin really is. They can ask someone who have knowledge about bitcoin or browse the internet. After that if he have knowledge about bitcoin he can invest to bitcoins or any other cryptocurrencies.
newbie
Activity: 12
Merit: 0
really! do not invest first to bitcoin before knowing the ins and outs of the world of virtual currency, because we could lose money, but learn about bitcoin is not difficult, we can understand it by reading everything about bitcoin in internet media
It is not very tough to know about the ins and out of bitcoin as bitcoin is now very famous and most of the people are aware of bitcoin so they will guide you enough about bitcoin is you will discuss about bitcoin with them. We have a lot of bitcoin forums but the best forum is the bitcoin talk.org here people discuss about bitcoin ups and down so you will be able to get enough information about bitcoin in this forum.
newbie
Activity: 4
Merit: 0
really! do not invest first to bitcoin before knowing the ins and outs of the world of virtual currency, because we could lose money, but learn about bitcoin is not difficult, we can understand it by reading everything about bitcoin in internet media
It is not very tough to know about the in and out of bitcoin as bitcoin is now very famous and most of the people are aware of bitcoin so they will guide you enough about bitcoin is you will discuss about bitcoin with them. We have a lot of bitcoin forums but the best forum is the bitcoin talk.org here people discuss about bitcoin ups and down so you will be able to get enough information about bitcoin in this forum.
legendary
Activity: 1190
Merit: 1000
Look ARROUND!
do invest in bitcoin well by expecting good profits too. best if you want to invest first understand what bitcoin is, how to play and search as much information about bitcoin so you do not get caught up in the world of your own confusion that suddenly plunge directly into bitcoin. after you understand the ins and outs of bitcoin then you try to invest, play from small capital first and do not rush or panic in playing think carefully.
Starting somewhere is how the investments begins to grow. The profit can only be gathered if there is an action in place of the investment.
full member
Activity: 167
Merit: 100
yes I agree with pedapat that you give, because less knowledge about bitcoin then do not have to invest in it because must have knowledge about bitcoin so that can help them prepare to face all the risk, because I do not want to see the fear and want to quickly to sell all bitcoins at a time when prices are falling. because they just expect the price to go up
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