Topic: Do not invest in bitcoin if you don't know anything about it - page 35. (Read 2501 times)
Deffinetely...Don't invest in Bitcoin if you don't need freedom =D
Well, I don't think so that there were people who will invest on something without any details or knowledge about it. Its a kind of stupidity and foolishness acts. In the case of crypto currency investment, deep knowledge is a must before doing investing in order to avoid losing of investment.
for me exactly yes because in the present day there are so many scams that I am trying to legit but scam. we need to know before we invest so that we can not fool.
Of course. Everything else if you do not study you will not succeed too. Similarly, in the crypto currency if you do not know your Altcoins purchase, it may be a result of losing your investment. So you should first study it before and learn everything you need to know. As you enter it you know what to do immediately.
I think this is wrong meaning. Many peoples invest money in that field where he dont know nothing.
Because holding btc not need to produce nothing you can invest in him. Only one what you need to know, security aspects
Because holding btc not need to produce nothing you can invest in him. Only one what you need to know, security aspects
I can support your DYOR idea to some extent, but probably not in one area. Don't you think human beings are of different nature with different attitudes and feelings, when it comes to investment? Some are ready to take up risk when the means is there for them to do so, all what they want to hear is prominency in any venture, Bitcoin is very attractive and largely profitable with quite lot of instances is what they heard and are ready to put in for it. They don't have that time of making any findings or research of their own. Do even some of them knows deeply how the research is been conducted to get the required results If not you the Crypto enthusiasts? Investment in Bitcoin to them is like a normal business venture expected to make good outcome.
Don't be foolish people only invest on bitcoins as they trust it and they know its worth . As you said all people are not fools like you to think that btc is more like gambling or dropping their money to do gambling. In fact you can say that dropping on gambling if they were doing trading on crypto market without having any knowledge in fact you should understand one thing that all people are not fools whether they are educated or not nobody tries to put their cash on trash, they only try to improve their wealth and if people invest on btc without knowing about it only means they completely trust its worth and they have more knowledge than being stupid .
He don’t say investing in bitcoin is stupid. He say let you invest wisely. So now many people invest all of their assets in bitcoin to earn big profits. But in fact they bought at high prices and now bitcoin is down to the bottom.
Without knowing about this market they would sell in this time. Bitcoins are not for those who are weak hearted and do not understand it.
yes, bitcoin has made some people crazy and also with bitcoin, someone willing to do anything. and maybe also if someone is naked in the public, to get 1 bitcoin.
but I think it's not normal, I agree with you, that I do not want to sell my house or other things, just to buy bitcoin.
I believe that bitcoin can give a big advantage, but I better understand what I should do for the good of bitcoin.
so, if you do not know about bitcoin, then do not try to plunge into the world of crypto. unless you are prepared to accept the loss.
but I think it's not normal, I agree with you, that I do not want to sell my house or other things, just to buy bitcoin.
I believe that bitcoin can give a big advantage, but I better understand what I should do for the good of bitcoin.
so, if you do not know about bitcoin, then do not try to plunge into the world of crypto. unless you are prepared to accept the loss.
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.
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.
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 haf no idea, they just wanted to invest because it has a high value. To me it's not that good and it angers me knowing that these people were the ones that would immediately sell their bitcoins at the slightest decrease in value. Further putting bitcoin at a disadvantage.
yes, I agree with you . In fact bitcoin is a great invention in the digital age 4.0.
However, many people invest bitcoin because of price bitcoin has gone up too high. They invest as gambling
Bitcoin and cryptocurrency market down in early 2018 is a proof of the value of the virtual currency have exceeded reality. This is the time to purge the market and the bitcoin price will return to its true value.
Actually you are right, that's a huge problem, people just started buying btc because thought that they would become rich at that moment with no efforts, but it's much more complicated and people should first learn how it works and then start doing something with it.
Don't be foolish people only invest on bitcoins as they trust it and they know its worth . As you said all people are not fools like you to think that btc is more like gambling or dropping their money to do gambling. In fact you can say that dropping on gambling if they were doing trading on crypto market without having any knowledge in fact you should understand one thing that all people are not fools whether they are educated or not nobody tries to put their cash on trash, they only try to improve their wealth and if people invest on btc without knowing about it only means they completely trust its worth and they have more knowledge than being stupid .
Everyone who didn't know anything about bitcoin just sold, weak hands have been cleaned up now. Now we watch as it recovers back to over $10k and beyond, the broader public sold at the bottom and got burnt
Don't be foolish people only invest on bitcoins as they trust it and they know its worth . As you said all people are not fools like you to think that btc is more like gambling or dropping their money to do gambling. In fact you can say that dropping on gambling if they were doing trading on crypto market without having any knowledge in fact you should understand one thing that all people are not fools whether they are educated or not nobody tries to put their cash on trash, they only try to improve their wealth and if people invest on btc without knowing about it only means they completely trust its worth and they have more knowledge than being stupid .
I agree with you. Engaging in the crypto industry is really difficult but we have to make sure we know the system and we know it fully before investing or even trading. It is the basic rule, if they don't want to lose any money. Still, I know some organizations now conduct workshops about bitcoin, however they are still not enough to enlighten millions of people.
To put it right, investing in bitcoin not only requires the courage of money and investment, but also requires a rational mind, you need bitcoin knowledge you can not lose bitcoin investment.
I agree with you even though this time bitcoin is a virtual currency that has a very high asset value but do not let it make us think to spend everything just to make an investment on bitcoin. and 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.
He right about investing we should have knowladge where we choose place for investment. But I do not agree with investment like a gambling it's wrong statement. Do you know the definition of investment and the definition of gambling? it's very different. It's better before commenting, we've read and understand the thread well.
Everything we do panned it well so that we will not be looser if we gamble especially in trading planned it wisely,taking the chances is very much pleasure if we do it correctly dont be more unthinkable without knowing you might be loose on it,take some ideas the knowledge of course so that you will have your sucess.
Many people got rich on this, including me. And you say do not invest in it. I gladly invested more.
You're not the person he's talking about. You are here on the forum, reading topics, learning about it. Many investors don't do any research and never join any forum, they just see something going up in value and put their money into it thinking it will continue like that forever. Then they get carried by the wave, start counting their profits with the money still invested in a coin and suddenly they wake up one day and see the chart went back below their entry point. They panic and sell at a loss. A typical story of a sore loser investor that later turns into a hater. He goes around saying how this is a scam and how he lost money. Sad but true!
Its true thats why im a new membera of this forum i will take some time,ideas,patience and knowledge first before i go through in trading,it is really a big risk and i dont to be a looser,.involving bitcoin is not easy as that we must planned it very well.
For some, bitcoin is probably the gold of the virtual world. It's scarce, with only 21 million pieces, and someone willing to pay for it, so ignoring bitcoin's price volatility and disregarding anyone who knows bitcoin invests a heavy price.
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