Do not invest in bitcoin if you don't know anything about it - page 8.

ToyotaFortuner

full member

Activity: 574

Merit: 100

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

yes you are right bitcoin is a place for investments that really should be understood because otherwise they will find it difficult to earn very much profit, so it's better to learn first what new bitcoin invest as much as you can.

torres99

jr. member

Activity: 78

Merit: 1

Yes, where I live, housewives do not know about bitcoin or other currencies, but they still invest, I do not know how much they have made, but I advise to learn about it, according to Watch it, to analyze, make your own judgment, otherwise the shark will devour you

beckham88

newbie

Activity: 94

Merit: 0

It's an investment in a gamble, anyway, this is an emerging market, and they will probably make a profit from it, but be careful, sharks do not let you easily get fed.

jean messi

newbie

Activity: 101

Merit: 0

Most of the people who play with the hope of changing their lives without learning anything, they do not have the knowledge, I think sooner or later they are also involved, then I think they will go bankrupt.

Rooster101

sr. member

Activity: 826

Merit: 256

Investing in bitcoin and other cryptocurrencies needs preparation like educating yourself on how the cryptocurrency works and learn also on how to manage risks and your emotions. Many investors , particularly the beginners has the tendency to panic when the price is falling down. If that kind of emotion remain uncontrolled, it will lead to panic selling which can also result to more losses in the future. Any newbie who want to invest in cryptocurrencies should first gather enough information on cryptocurrencies and always make his/her own research before joining in any kind of ICO,

MartynasB

newbie

Activity: 84

Merit: 0

Thats the real problem that a lot of people just dont do their research and invest in bad projects or scam ICO, and think that it will moon, lambo and etc.. so thats why we have a lot of negative information about crypto.. Sad

sebuh lemaratos

newbie

Activity: 66

Merit: 0

I think this is not a gamble but like buying and selling stocks, when btc bustling market will be expensive and when deserted btc will be cheap

Ethreyes

jr. member

Activity: 175

Merit: 1

www.daxico.com

Yes of course you should not invest here if you didn' t understand everything about crypto... The reason why people invest easily because they think it could help them easily and it will generates a lots of profit... If you want to earn first thing you need to do is to understand all information about everything...

pokang13

newbie

Activity: 106

Merit: 0

Absolutely right,If you don't know anything about bitcoin then don't invest on it to avoid losing your money. Learn first how bitcoin works before investing.

SantoshSoma

newbie

Activity: 54

Merit: 0

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

Yes with out having proper knowledge about bitcoin its not suggested to invest in bitcoin

Boromon

newbie

Activity: 182

Merit: 0

Knowledge of the bitcoin market is very important before actually starting investing or trading we must know extremely volatile it is. most of the people does not really know anything about cryptocurrency and still they invest. It make them lost.

ggod5

newbie

Activity: 78

Merit: 0

Quote from: miyong on March 20, 2018, 06:30:22 PM

True, how can someone do an investment without knowing everything about it. Learn first and know the details before you invest. To avoid the negative effects like loosing your investment.

You are quite right. Before you understood Bitcoin, you did not know how to invest, and when to buy or sell, which required in-depth research.

rerek007

newbie

Activity: 126

Merit: 0

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

You can also but you have to learn more by asking some friends that is a bitcoin users also how they can deal and manage it so far

jayco25

full member

Activity: 336

Merit: 106

True, Many people invest in bitcoin because they see that its value is rising but they do not know what bitcoin really is and its importance in the future. When the bitcoin price drop, many new investors were frightened and they suddenly sold their coin at a cheap price. DO YOUR OWN RESEARCH before you get into the world of bitcoin and digital currencies.

#Datarius

miyong

full member

Activity: 420

Merit: 100

True, how can someone do an investment without knowing everything about it. Learn first and know the details before you invest. To avoid the negative effects like loosing your investment.

ninio

newbie

Activity: 126

Merit: 0

Yeah thats true never invest in bitcoin if you don't have a knowledge about it. Other people invest in bitcoin even they don't know what it is, only they know that they earned profit by investing in bitcoin. Its not all about bitcoin but its more about crypto currency if you get involved in bitcoin you need to learn more about what crypto currency is, what is blockchain and also what is altcoins.

chrsjrcj

full member

Activity: 280

Merit: 102

I agree with you to that. you can't invest in something you don't know about. if you're going to do that, you're just wasting your money and effort. Make a research and learn more about bitcoin before you invest. it's better to be safe and smart than to be impulsive.

celofiguj

member

Activity: 132

Merit: 10

Of COures.I Agree with You.Before Invest On Bitcoin Do Research Learn and Then Invest.

cryptikco

newbie

Activity: 54

Merit: 0

Quote from: bigbosma on March 20, 2018, 03:15:38 PM

I believe that in order to achieve a really high result, you need to know a lot about bitcoin and constantly improve your knowledge about it.

Or at least understand bitcoin to the point where you can respect it as a viable technology that has a real future, so you are more likely to hodl and ride out the nasty dips.

budz0425

full member

Activity: 504

Merit: 101

Quote from: Crash21 on March 20, 2018, 03:10:12 PM

Why not? It's just an easy game when everything you need to do is stay calm and wait for price increasing. You will never lose your money and probably will get profit.

Maybe what he was trying to say is that before you will do and entrusting your money here in cryptocurrency you should have at least some basic knowledge about what you are entering at, indeed bitcoin really a simple thing and I know people will easily to cope up with it.

Topic: Do not invest in bitcoin if you don't know anything about it - page 8. (Read 2501 times)