Do not invest in bitcoin if you don't know anything about it - page 4.

Ahimoth

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Quote from: SnapDown22 on March 31, 2018, 10:26:46 PM

Quote from: TennisQ8 on February 03, 2018, 09:25:19 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. 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

If you do not know for sure and understand it bitcoin and investment I think you have a lot to learn because investments with bitcoin risk is very large, although comparable with the benefits we can get by investing with bitcoin

Not just in bitcoin but in everything. You must not enter or penetrate something without any idea about it. You'll either be disappointed or be put in danger because of the result. Bitcoin is like a business that is so risky and deeper comprehension is needed. You need to have a high level of information before doing anything.

jakoylantern

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For me, yes don’t invest in bitcoin if you don’t know anything about it because you will think it is a kind of scam or fraud. If you don’t know that bitcoin’s price is fluctuating too much, you will lose a massive amount of money. In every minute bitcoin’s amount chance and what if you invest on it with any knowledge, and bitcoin price drop down, so you will become very pity into your money and you will think that bitcoin is a kind of fraud. Most of the people feel that bitcoin’s amount is always increasing and don’t decrease, but they are wrong that is the wonderful about bitcoin anytime it can become very affordable or costly.

krigger

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Presale is live!

We cannot sound this warning loud enough. A lot of people saw the value of bitcoin in december and january and they just started putting money into the market thinking the price will always keep going up and they didn't do any research into bitcoin or into the cryptocurrency market so once the prices started dropping they started panic selling and contributed even more to the drop in prices.

DoublerHunter

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Quote from: Zeque02 on April 01, 2018, 03:05:21 AM

Quote from: endlings on February 04, 2018, 03:14:26 AM

I agree very much that if you do not understand these things, it is best not to invest in it because you do not know why you suddenly lost money. By that time you will say that cryptocurrency is a lie, a bubble, a scam. I hope everyone who intends to join the cryptocurrency knows about bitcoin and the blockchain.

Before you join or invest bitcoin make sute to have knowledge, it is very important for you to understand everything the process and the system. So that it is easy for you to accept and do everything, such as the transactions, why the value goes high and low, if your investment is safe and etc. better to understand first everything so that everything will follow.

That is very true. If you have the knowledge then doing everything will be so easy for you. We should understand bitcoin first and put our time and patience in studying bitcoin and simply understanding what is the reason or essence of bitcoin why it is existing and after those thing then we will realize if we really like to get into bitcoin and invest our money or nah.

yujli

newbie

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Blindly buying bitcoins that you don’t know about, it sounds crazy. Whales really like these people. One of the purposes of promoting Bitcoin is to let more people buy Bitcoins instead of letting more people know about Bitcoins. Bitcoin makes people realize that only Bitcoin can make money

Zeque02

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Quote from: endlings on February 04, 2018, 03:14:26 AM

I agree very much that if you do not understand these things, it is best not to invest in it because you do not know why you suddenly lost money. By that time you will say that cryptocurrency is a lie, a bubble, a scam. I hope everyone who intends to join the cryptocurrency knows about bitcoin and the blockchain.

Before you join or invest bitcoin make sute to have knowledge, it is very important for you to understand everything the process and the system. So that it is easy for you to accept and do everything, such as the transactions, why the value goes high and low, if your investment is safe and etc. better to understand first everything so that everything will follow.

vending

newbie

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I agree with you, bitcoin is not classified as gambling. But in my opinion not all bitcoiner aims at inves, they only take advantage of rising and discounting bitcoin price in a short time, or also called trading.

gehtrs

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First of all, I think some of your views are correct. Do not blindly invest in currency. If you want to invest in a currency, first of all you have to understand its market conditions, so as to judge when to buy it can make you profitable, and the right and wrong of the judgment decide whether you can make a profit.

paulo29

newbie

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well it is really necessary to study first or make the necessary research before going into any transaction, When you are investing definitely your putting assets, time and effort,wherein you work for it to earn, so you have to safeguard it. theres so many ways to safeguard whatever assets you have, read some articles, watch videos and even ask people who are into this trading. Remember, bitcoin is very volatile and its value or price is cannot be predicted or it is undermined,but you can analyze its trends and works to lessen somehow the possibilities of losing,and to earn more profit to your investment.

CuteBaby123

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Quote from: TennisQ8 on February 03, 2018, 09:25:19 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. 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

This is definitely right. Why would you join in one group if you even dont know about it. That's why before investing your money in bitcoin, learn and research first about it. Study the flow and make a good review about it. Becuase if not, you will fail and sooner, your one of those panic sellers.

DMiracle1

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Quote from: TennisQ8 on February 03, 2018, 09:25:19 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. 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

Everybody is entitled to encounter the prosperity that bitcoin has to offer. And that is everybody whatever level in the society they belong to, as long as they have the capital to begin with. They wanted to grasp that rare opportunity of having that additional income for continuous flowing of food in the table. I only have one question, do you venture into something you were "totally unknowledgeable" especially if it involved your hard earned fiat? No i don't think so.

SnapDown22

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Quote from: TennisQ8 on February 03, 2018, 09:25:19 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. 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

If you do not know for sure and understand it bitcoin and investment I think you have a lot to learn because investments with bitcoin risk is very large, although comparable with the benefits we can get by investing with bitcoin

Sithara007

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Quote from: Jannatul Shefa on March 31, 2018, 10:01:24 PM

I have seen all types of people invest in bitcoin even they don't know anything about bitcoin.Some of them fall loss for it.So I will advice all if you don't know anything about it.Don't invest in it.At first acquire knowledge about it.Then invest in it.

The 1,500% rise in 2017 generated a lot of buzz in the mainstream media, and that is one of the reasons why so many new users started investing in Bitcoin. The problem is that many of these people are not very knowledgeable about Bitcoin, and they expect Bitcoin to give them 10x profits in a few weeks.

sari_

jr. member

Activity: 230

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that's right. do not always look at bitcoin digital world is easy gan. but sometimes it seems difficult to find profits in buying and selling bitcoin.
especially if we see prices in the market is getting down sharply. until we can not to predict it. as we know if the price will go down but the decline is beyond our prediction allegations .the most important thing if you invest the most important stage do not always want a big profit fast. such an opinion is wrong. his knowledge was just new Fortunately

Jannatul Shefa

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I have seen all types of people invest in bitcoin even they don't know anything about bitcoin.Some of them fall loss for it.So I will advice all if you don't know anything about it.Don't invest in it.At first acquire knowledge about it.Then invest in it.

Caesar Cung

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Activity: 181

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Industry 4.0 is called Bitcoin

Quote from: supermam on March 31, 2018, 09:59:49 PM

It's really difficult to invest without knowing what are the steps and procedures in investing to become successful and when you're new just invest a little to experience it and when it becomes successful then continue with a bigger amount to gain a bigger profit.

I never understood why it went from $0.01 to $20k

There is 0 reason to have Bitcoin, Oracle and other big players are implementing Blockchain without Bitcoin.

No government on this planet is going to allow a virtual currency to take over, what are people thinking?
When we're all millionaires, we're going to come drive circles around your house in our lambos.

We'll see who's laughing then...

supermam

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It's really difficult to invest without knowing what are the steps and procedures in investing to become successful and when you're new just invest a little to experience it and when it becomes successful then continue with a bigger amount to gain a bigger profit.

ruskytailz02

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Quote from: TennisQ8 on February 03, 2018, 09:25:19 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. 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

yup HAHAHAHAH I personally I have some of my friends and neighborhood and hearing them talking about bitcoin and stuffs like that.
one of my neighborhood says I want to invest in bitcoin and he said that He knew that some of his friend has an investments where you can earn every month just by paying down a big amount., As I hear that I said to myself/ wtf is his friend trying to scam his friend too hahahah, that situation is hard because he don't even knew how and what bitcoin works ahahhahaha
I think they been attracted to its high price and the hype of bitcoin makes in social media hahaha

C. Bergmann

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Quote from: TennisQ8 on February 03, 2018, 09:25:19 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. 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

Precisely! Investing in something that you don't know much about is purely gambling which is quiet a stupid way since in the first place it is not and investing that you are doing! The idea of being a millionaire just by throwing your money in Bitcoin is quiet stupid because it just sounds so easy and simple which is not. It is not that easy and simple; it is more than just that.

oracleongoodbye

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I think knowing bitcoin is not difficult now and we can easily from many you tube videos and the investment in these is very good now in this time if we work hard may we become successful in the future and this will provide good gains than working other than this bitcoin is good for the past present and future many good investors are now rich and they are fully shifted from stocks to crypto.

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