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Topic: Does anybody have any suggestions for investing in Bitcoin? - page 3. (Read 627 times)

sr. member
Activity: 1246
Merit: 259
Seabet.io | Crypto-Casino
many people are trapped by the increase in the price of Bitcoin so that many people easily invest without knowing the risks of investing in crypto, so many people lose a lot of money due to lack of information.
but all investments have risks, trust experienced people if you want to know the correct information, do not easily trust information via the internet,
My advice from bitcoin is long-term investment and find the right information to reduce the risk of investing in cryptocurrencies such as BItcoin.
jr. member
Activity: 420
Merit: 1
First you need to know about the market reactions.
How market reacts,when market reacts positive,when reacts negative etc.
I think its not the right time to buy btc. It is on It's highest price. So it is not a good decision to invest in btc. But none knows how market will react except The almighty Allah.
So get some experience before buying.
hero member
Activity: 1582
Merit: 722
Leading Crypto Sports Betting & Casino Platform
I would suggest you to get some knowledge first. Do your own research, try to understand bitcoin and blockchain, because if you don't understand what you buy and what you hold, you can't never be successful. Also, you will need to do risk and money management. Do go all-in and if you want to invest for example, 20K dived the money into 5 parts and buy bitcoin in different prices. This is also called stairs strategy. Generally, before doing any investment, you will need to get some more knowledge.
sr. member
Activity: 2800
Merit: 344
when lambo...
Bitcoin investment is too risky to take but we can't deny also that all businesses have the same possible end which is losing if we never know what we are doing. Those people who never know about Bitcoin will simply think about that but why many people got into this kind of investment and succeed because they believe in Bitcoin and they work on it.

We can say that only risk-takers can do such a thing in CRYPTO Investment and those who are not, will remain nega. Just think if we buy more Bitcoin 10 years ago, what it happens to us now?
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
If you will go by predictions of other high profile analysts, you're done. I believe you've got enough mind to study and research on your own because nobody is going to spoonfeed you on when to buy and where. We may guide you but our guidances are speculative so they can be called worthless or worth it if you decide to take it as an advice and use it. It's better for you to consult a professional trader in your area who may guide you and explain you why you need to have BTC in your portfolio today.

just be smart on this aspect. dont be deceived by predictions of this "high profile players" or self-proclaimed experts. if you are a long timer here, you should know by now how crypto market works. everyone can speculate on anything. but at the end of the day, it is your money on the line. so it is still on you how you will utilise your funds in your own way. these experts will never answer to your losses. so take care of your own portfolio as no one will do it for you.
hero member
Activity: 1932
Merit: 622
If you are really going to invest in Bitcoin, I sggest you do it in the reputable and trusted exchanges. never invest bitcoin in new platforms that offer high profits and also very legit income. They may be scammers.
Wat we can do right now is buying Bitcoin in top exchange such as Binance and COinbase. Then if the BTC is used for a long term investment, it is better to move them to hardware wallet in order to increase the security.
full member
Activity: 1330
Merit: 147
The best thing to do when you spend your money for investing in bitcoin or even in other investment place is you have to use the money that you can afford to lose. That is one thing that can make you comfortable when you are investing, you will face many things or situation, at least you will not make the false decision to sell your investment. Although you are a trader professional, you will make a false decision if you afraid to lose your money, I'll bet it.

As for a suggestion investing in bitcoin because its volatility and adoption, I don't I just thinking that bitcoin is safe for investment place because I've known it. Although there will be a situation which can make bitcoin price fall becuase the regulation then I'll think bitcoin still save as investment place. Because we have been faced it, bitcoin price fall a lot but we need a right time to pull back and it has happened, it will happen in the future.
legendary
Activity: 2562
Merit: 1767
Rollbit.com | Crypto Futures
Choosing to invest in bitcoin is the right choice, but investing in bitcoin digital currency carries a greater risk than investing in general. The high volume puts bitcoin at risk because of its volatile price increases and decreases and tends to be extreme.

Basic knowledge of cryptocurrency is a must before investing in crypto. You have to enter at the right time and also exit the market at the right time in order to make a profit from that investment. make sure you have a strategy for the future.

In addition, some people who are skeptical about a possible hack of their bitcoin assets that are on the exchange certainly make novice investors afraid. But choosing a popular and secure exchange will save your assets like Binance which many people already trust, but don't have complete control over. You can also save it on your personal hardware wallet with full control and only you can control it.
legendary
Activity: 3052
Merit: 1273
If you will go by predictions of other high profile analysts, you're done. I believe you've got enough mind to study and research on your own because nobody is going to spoonfeed you on when to buy and where. We may guide you but our guidances are speculative so they can be called worthless or worth it if you decide to take it as an advice and use it. It's better for you to consult a professional trader in your area who may guide you and explain you why you need to have BTC in your portfolio today.
hero member
Activity: 2912
Merit: 629
There are many topics related to this that can help newbies to understand the nature of crypto. Thus if they're not lazy to search they will find many threads that are very useful to get some tips and do's and dont when investing.

Anyways what I can advice to those who are planning to invest in bitcoin is always fill your mind first with knowledge. Dont rush things because it can led to worse situation like being greedy to earn or ending up with scammers for easy money. Only invest what you can afford to lose plus experience is the best teacher as well and this is the way to realize your mistakes.
full member
Activity: 840
Merit: 102
Illegal crypto currency investment offers are still happening. So you have to be more selective before deciding to choose crypto investments.
We must know and realize that investing in crypto is an enormous risk. Although investing in crypto is very profitable for those who have already undergone it. In the crypto industry, there are still those who seek profit by committing scams among the limitations of information got by the public. For that, it is necessary to understand before entering the crypto industry.
jr. member
Activity: 196
Merit: 2
As long as you dont invest what you cant afford to lose then you'll be good.
sr. member
Activity: 1036
Merit: 286
Investing in crypto or bitcoin in particular, you always nee knowledge, patience, good timing and strategy. Crypto market is unstable, it means bitcoins value is volatile, you should know and monitor the market movement but if you want to invest for a long term then you should have a lot of patience.
Investing in cryptocurrency is not that easy because you need to consider a lot of things before doing it. A single mistake of choice can lead to a loss of money so you might wanna study the cryptocurrency first, the movement of the market, and its nature. You should also know that there are scam projects out there so you should be careful, try choosing those projects that are on the top list in the market. Bitcoin is a good investment, there are lots of people become a millionaire because of bitcoin. But it is not that easy because they do that with knowledge and with their techniques.
hero member
Activity: 2996
Merit: 609
There are lot notions around the number one digital currency investment. Potential investors from Wall Street think that it might not be the best for them to invest in Bitcoin. Some people skepticism arise a result of record exchange hacks and also lot of scammers in various social media platform.
Financial expert advisor have different opinions about the bitcoin future despite the huge profit risk takers  made during this year rally. What is your legit suggestion  in investing into bitcoin base on the level of your exposure to the blockchain industry?

Based of on experience then those words arent something new into this market.You would see tons of them that floating around and just as expected
for a speculative market then you would see lots of speculative guesses and perceptions/views towards it.

How to deal? Just let them be and just continue on things that you do believe.Some say that it is risky, yes its risky but very rewarding if your investment or decisions were right.

This isnt something that we can potentially gain on a typical or traditional market like forex or stocks but when it comes to security then that would really
be an another issue.

Suggestions? Dont invest on the amount that you cant afford to lose.
sr. member
Activity: 1582
Merit: 352
★Bitvest.io★ Play Plinko or Invest!
There are lot notions around the number one digital currency investment. Potential investors from Wall Street think that it might not be the best for them to invest in Bitcoin. Some people skepticism arise a result of record exchange hacks and also lot of scammers in various social media platform.
Financial expert advisor have different opinions about the bitcoin future despite the huge profit risk takers  made during this year rally. What is your legit suggestion  in investing into bitcoin base on the level of your exposure to the blockchain industry?

For me investing in Bitcoin is the best if it is long term. You buy it low and then hold it until your target has reached. This method is tested and proven super effective and legit by early adopter and athor investor of Bitcoin.
member
Activity: 994
Merit: 11
Daxetoken.net
Investing in crypto or bitcoin in particular, you always nee knowledge, patience, good timing and strategy. Crypto market is unstable, it means bitcoins value is volatile, you should know and monitor the market movement but if you want to invest for a long term then you should have a lot of patience.
member
Activity: 490
Merit: 31
There is gold in volatility..
There are lot notions around the number one digital currency investment. Potential investors from Wall Street think that it might not be the best for them to invest in Bitcoin. Some people skepticism arise a result of record exchange hacks and also lot of scammers in various social media platform.
Financial expert advisor have different opinions about the bitcoin future despite the huge profit risk takers  made during this year rally. What is your legit suggestion  in investing into bitcoin base on the level of your exposure to the blockchain industry?

I have two points or suggestions, about the advice that investors should heed before investing in crypto.

1. Do it yourself. that means you should arm yourself with proper knowledge of the bitcoin or the project you want to invest in. one of the ways is to study the whitepaper.

2. Know the TIMING, it will help you to know when to get into the market and when to cash out. This applies to investment and trading, timing is key to success in this volatile industry.
jr. member
Activity: 112
Merit: 2
Don`t, it will be worthless in the end. You will actually be at a negative producing it.
full member
Activity: 1428
Merit: 129
The first decentralized crypto betting platform
I don’t think I need to tell you anything about the benefits of investing in Bitcoin. Already you can realize how much profitable is it. On the behalf of Jan 2021 report, You may know Bitcoin is now the 11th Biggest assets by market cap. With a market capitalization of about $658B, Bitcoin has been able to overtake giants corporations like Alibaba, Samsung, JPMorgan and achieve 11th position. So, there is only one suggestion I can give you, Do your own speculation, Buy Bitcoin as much as you can at deep and don't sell it until we break 100k.
sr. member
Activity: 616
Merit: 253
Invest when the price is low enough, sell when the price peaks. It's simple.
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