Topic: Do not invest in bitcoin if you don't know anything about it - page 32. (Read 2501 times)
February 08, 2018, 02:09:04 PM
people who say a gamble in investments to bitcoin is wrong perception I think, is investing in bitcoin full of high risk but in line with his profit. then from that before plunging into the world of cryptocurrency in this case is bitcoin as good as his need to understand what it's bitcoin and its sundry world of cryptocurrency
February 08, 2018, 02:07:07 PM
Careful study of information is the key to success. There are many nuances that need to be studied when investing - choose an advantageous reliable exchange, a safe wallet, know when to buy and sell the crypto currency. Without this, such activities can turn out very negatively.
February 08, 2018, 01:57:58 PM
The main thing when investing in bitcoin is to adequately assess the possible risks. Crypto currency is very unstable and we often see drawdowns, and a person who has little knowledge of the necessary information starts to raise unnecessary panic.
February 08, 2018, 01:47:33 PM
Of course, if you bought bitcoin and forgot it, that is, you invested for a long time, you will have enough and minimal information about bitcoin. But if you want to earn it regularly - it is worth studying it carefully.
February 08, 2018, 01:01:20 PM
no i don't think i would have invested in bitcoin if I had no idea about it.
i will do full research before investing in anything no matter how much profit it is giving to others.
i will do full research before investing in anything no matter how much profit it is giving to others.
February 08, 2018, 12:58:46 PM
before you start investment in bitcoin you have sufficient knowledge about cryptocurrency you should study about all sides of the bitcoin it is a digital currency where does it comes from and what is the price if you don't understand do not invest in bitcoin.
February 08, 2018, 12:54:48 PM
In any kind of investment both in fiat or cryptocurrency research and analytics is a must before entering ventures of any kind. I just don't know why in some some people it looks it's on their trait to just go on same path where people they know is being good at and hope to arrive in same destination.
February 08, 2018, 12:53:49 PM
you are right, preferably before plunging into this crypto world you must learn first and understand how bitcoin works
otherwise you will lose all your assets, this is a very high risk investment. Essentially we have to be very careful
otherwise you will lose all your assets, this is a very high risk investment. Essentially we have to be very careful
February 08, 2018, 12:50:36 PM
Yeah I agree with you. These people actually act as a levate. When price is rising, it rises a lot because they buy. When price is going down, it falls a lot because they sell. They are the weak hands and we better not at all have them, sincerely.
February 08, 2018, 12:48:55 PM
Bitcoin is like an illegal drugs it is addicted ( I never try, it is based on what I hear ). It encourage to use but you need to take the risk, and we don'tknow what is the result if this is good or bad.
If you don't have enough knowledge about cryptocurrency it result of nothing or losing,. But for me when I am starting on bitcoin I don't have knowledge, I ask my friends and guide me, and encounter problems. Failure's is part of success, it os normal to know the better.
I agree with you it is kinda of addiction if only tried once then will find yourself read and learn about this world everyday come with new info so i am against the idea of not buying bitcoin until having full knowledge about it, because you need only patience with one information on how to use secure wallet .That is it . If you don't have enough knowledge about cryptocurrency it result of nothing or losing,. But for me when I am starting on bitcoin I don't have knowledge, I ask my friends and guide me, and encounter problems. Failure's is part of success, it os normal to know the better.
February 08, 2018, 12:41:33 PM
Bitcoin is like an illegal drugs it is addicted ( I never try, it is based on what I hear ). It encourage to use but you need to take the risk, and we don'tknow what is the result if this is good or bad.
If you don't have enough knowledge about cryptocurrency it result of nothing or losing,. But for me when I am starting on bitcoin I don't have knowledge, I ask my friends and guide me, and encounter problems. Failure's is part of success, it os normal to know the better.
If you don't have enough knowledge about cryptocurrency it result of nothing or losing,. But for me when I am starting on bitcoin I don't have knowledge, I ask my friends and guide me, and encounter problems. Failure's is part of success, it os normal to know the better.
February 08, 2018, 12:28:26 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.
Yes, I really agree with you there mate. But we can not force any one for them to do what they want, so we really just need to guide them on how to invest in crypto, correctly.
February 08, 2018, 12:27:03 PM
One way to know that you have not doen enough homework is when you find yourself considering alts.
February 08, 2018, 12:24:32 PM
I do not 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.
February 08, 2018, 12:10:03 PM
I see one funny post here on bitcointalk. A newbie said bitcoin is a ponzi scheme. maybe he's delusional. many people is really going crazy with the recent fall in crypto price. most investor that ran into bitcoin last year thinking bitcoin will continue to grow like cancer is now regretting it.
February 08, 2018, 12:08:39 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.
That's quite right. But, you ahve to start somewhere, if you don't invest in Bitcoin you will not be able to actually learn more about it and it's benefits.
February 08, 2018, 12:06:20 PM
I see people that a panic selling when the price is going down, but I see one here that seems don't want to invest even though the price is going up. A different kind of one, dude rather than discriminating people in investing, I think the most appropriate way is to guide and educate them in the world of crypto. Yes they invest without knowing the whole idea about crypto, but the moment that they put in their money, they start reading charts and reading news and searching for forum topics. Again, please don't prevent them, but help and teach them.
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
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.
indeed. they were risked their money for investments into bitcoin without further research. and some of them sell their assets for this.
Though, they unconsciously gone far with "gambling" not "investing".
If one love to invest there is no need to child away but it will be advisable for such one to do some research about bitcoin understand the concept and how it work before investing,this will help reduce panic when there is big a dip in the market.
This is true for all investments and not just Bitcoin. It even applies to mutual funds where there are already fund managers managing our money for us, how much more when we are freely investing on our own..
I agree...
of course, to invest in Bitcoin and into other investment instruments, what we need to know of course is the science and understanding of the investment itself.
Thus, in my opinion, in terms of investing, especially Bitcoin involving computer and network technology, investors need to understand everything about bitcoin first.
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