How do I educate myself on bitcoin for investing? - page 7.

Wintersoldier

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Quote from: pinkpanther03 on March 23, 2017, 06:03:39 AM

Quote from: Erowind on February 04, 2017, 12:53:19 PM

The subject says it all, what books, resources and other things can I study so that I can make an educated decision.

I want to invest, but have no idea where to start and need to learn more about bitcoin and cryptocurrency in general before taking the plunge.

When it comes to bitcoin, there are several ways to learn what it is, Actually we have internet where you can find google, just type the anything that you wanna know then just a matter of seconds only Google will give option for you to make a choice on which link you'd like to open it, or we have you tube where you can watch live how bitcoin is being use in the market.

In a very simple way, this forum is the best way or medium in order to learn how and which to invest. I wouldn't refer a person to study investing from youtube video since a video isn't enough to teach someone, mostly someone would learn from reading some articles or forum. Thus, this forum is helpful to guide people who's in need to invest or try something relevant to bitcoin.

giveen

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What is there to learn everything is simple if you jist wamt to invest.
First the biggest rival of bitcoin is china
Second if you just want to invest find the appropriate exchange i would recommend kraken but still your wish.
Third just install bitcoin wallet 3 days before you buy and let it sync to the network. If you want more info go to bitcoin.com

pinkpanther03

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Quote from: Erowind on February 04, 2017, 12:53:19 PM

The subject says it all, what books, resources and other things can I study so that I can make an educated decision.

I want to invest, but have no idea where to start and need to learn more about bitcoin and cryptocurrency in general before taking the plunge.

When it comes to bitcoin, there are several ways to learn what it is, Actually we have internet where you can find google, just type the anything that you wanna know then just a matter of seconds only Google will give option for you to make a choice on which link you'd like to open it, or we have you tube where you can watch live how bitcoin is being use in the market.

yrreg ger

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Learning and knowledge is one key fior investing bitcoin to succes. Trading is not easy to do, we need to exchanges to other but make sure you can get a profit. Like in buying and selling bitcoin, there's a time that trading between them decrease to sure that you can get a profit you need to wait for increasing btc to dollar. Just think first for the benefits you can get or what could be result for good.

Nahl

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currently there are so many good article related bitcoin and cryptocurrency world so it's not difficult to get knowledge from it and to find it too very easy just makes google as your friend and this search engine will provide valuable informations according what you want or you could learn with someone else among you who very expert in the field of cryptocurrency

Viscore

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Quote from: Vivace92 on March 22, 2017, 11:17:08 PM

Simple, I think by buying bitcoin and hold for a period of 1 year or more then we've got the advantage, because for the moment bitcoin is the most profitable investment.

There is no guarantee it will grow in one year, the trend could change so it's better to search for the right value to come than make a definite time to hold only. Even in a short period of time you can make money but it's important to have a specific target in terms of amount and hit the sell button once it will come, never hesitate to follow you plan as greediness has no room for success in investing.

Vivace92

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Simple, I think by buying bitcoin and hold for a period of 1 year or more then we've got the advantage, because for the moment bitcoin is the most profitable investment.

target

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Quote from: lienfaye on March 21, 2017, 03:34:11 AM

There are many ways to educate yourself to know more about bitcoin, im sure here in this forum there are many helpful tips for beginners, you can also watch videos in youtube and read articles in google on how btc works and how to get started. as a newbie its fine to make mistakes because thats how you will learn few things.

Theres not much tips here actually unless you find some genuine users who actually post some of them without having a motive of their own like pumping a coin which they bag thousands to millions. If you intend to learn investing yourself, you need to waste money to test the waters yourself. It always end up like you are going to have to lose money before you gain. Its a painful truth that can be considered scam itself. but just spend few and then watch the markets until you get used to it. Also learn the interfaces of exchanges from polo to bitfinex.

lienfaye

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There are many ways to educate yourself to know more about bitcoin, im sure here in this forum there are many helpful tips for beginners, you can also watch videos in youtube and read articles in google on how btc works and how to get started. as a newbie its fine to make mistakes because thats how you will learn few things.

LittleDigger

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Quote from: Inkdatar on March 21, 2017, 01:56:25 AM

For me the things I need first to educate myself on bitcoin before investing is I do a lot of research what is best to received a return of invesment. Because its hard to put all your money in one investment it is best not to put at all, rather invest in different sites that gives sure profit.

Thats great, May I know which investment platform you choose to invest on it. For example, you might check the trading, lending, gambling, bitcoin ecommerce, VPN hosting services and signature coding. I think in that trading is best option among these. Please do more investigation on it and try to implement that.

Inkdatar

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For me the things I need first to educate myself on bitcoin before investing is I do a lot of research what is best to received a return of invesment. Because its hard to put all your money in one investment it is best not to put at all, rather invest in different sites that gives sure profit.

TheGodFather

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Quote from: Erowind on February 04, 2017, 12:53:19 PM

The subject says it all, what books, resources and other things can I study so that I can make an educated decision.

I want to invest, but have no idea where to start and need to learn more about bitcoin and cryptocurrency in general before taking the plunge.

There are a lot of sites online that you can earn money . You can earn money by educating yourself as well. Try to invest smaller amount on different sites like Trading sites, betting sites and Ponzi. And look for the one who suits you. But just to inform you, trading sites is a small profitable site where you can earn little by little.

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Quote from: bamboylee on March 16, 2017, 12:21:35 PM

They always say that the best teacher is experience, I say it is true. You can read all the books, watch all videos regarding crypto investing but that will not be enough. Nothing can teach you like experience does. You can start by trying to invest small amounts. It may earn small or it may not even earnn at all but it can give you the right discipline and practice.

Yes experience is the best teacher, nothing can beat that. Start with small, with amounts you can afford to lose and to not regret, keep on mind that you need to pay for every school. Talk with other people in the community, try to be aware of the things around and one day you will know how to trade. I`m in that process, I invest a bit from my earnings in exchange and I try to make more with my trades, that is the best way to learn something.

bamboylee

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They always say that the best teacher is experience, I say it is true. You can read all the books, watch all videos regarding crypto investing but that will not be enough. Nothing can teach you like experience does. You can start by trying to invest small amounts. It may earn small or it may not even earnn at all but it can give you the right discipline and practice.

BitcoinPC

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Quote from: gracia0023 on March 16, 2017, 06:42:00 AM

Do some research and read more and more. Sometimes you can also ask some expert people you know. Probably one of your friends so that you wont go wrong. But the most effective way for me is reading from related articles to bitcoin.

Exactly, reading articles will help you also try to watch some videos, some profile videos about bitcoin investment and so for sure it will
be educate you more listening is more educated way. Youtube videos can also be extreme helpful.

Viscore

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Quote from: iv4n on March 16, 2017, 07:35:53 AM

Quote from: Erowind on February 04, 2017, 12:53:19 PM

The subject says it all, what books, resources and other things can I study so that I can make an educated decision.

I want to invest, but have no idea where to start and need to learn more about bitcoin and cryptocurrency in general before taking the plunge.

There is books about tradins, but about alt-coin trading I`m not sure. Only way to learn about it is to be active here in community, to find people who trade for a living and to ask them to teach you. I`m on my own, I read news, I try to see about what people talk here. There is no situation before taking the plunge, you need to take it and learn on the way. There is one thing that made many people lose money, that is greediness. Learn to control your emotions with trading, practice with low amounts, learn about it trough daily trading.

It's also important to seek for second opinion from the smart people in the forum, experience is more effective that just the theory we read from a certain writer or publisher. This forum is very useful for us as it encourage us to share our experience and opinion which makes their a very wonderful community, I have to admit, most of my learning are earn through reading relevant comments here.

iv4n

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Quote from: Erowind on February 04, 2017, 12:53:19 PM

The subject says it all, what books, resources and other things can I study so that I can make an educated decision.

I want to invest, but have no idea where to start and need to learn more about bitcoin and cryptocurrency in general before taking the plunge.

There is books about tradins, but about alt-coin trading I`m not sure. Only way to learn about it is to be active here in community, to find people who trade for a living and to ask them to teach you. I`m on my own, I read news, I try to see about what people talk here. There is no situation before taking the plunge, you need to take it and learn on the way. There is one thing that made many people lose money, that is greediness. Learn to control your emotions with trading, practice with low amounts, learn about it trough daily trading.

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Quote from: Kasabus on March 16, 2017, 06:59:56 AM

Quote from: goomezd on March 16, 2017, 06:28:32 AM

You might have found some trading organisations to invest in seamlessly, but i think invest in trading contains risk anyways.

Everything has a risk, even living a simple life in this world has a risk. In investing or trading, you put your money to grow it while you are not certain with the results, well, that is a very risky because you are gambling with the future of your venture. To minimize the risk and to increases your chances to succeed, it's necessary that you do not just jump to it with being equip with the full knowledge, eventually you will learn as you go along with your journey.

Yes,everything do really have some risk its either on an investment or not either on online or offline world theres a risk and as you said we should not jump to a thing without proper knowledge because all would be really like gambling at all. When you plan to invest better to prepare on the right things to do.

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Quote from: goomezd on March 16, 2017, 06:28:32 AM

You might have found some trading organisations to invest in seamlessly, but i think invest in trading contains risk anyways.

Everything has a risk, even living a simple life in this world has a risk. In investing or trading, you put your money to grow it while you are not certain with the results, well, that is a very risky because you are gambling with the future of your venture. To minimize the risk and to increases your chances to succeed, it's necessary that you do not just jump to it with being equip with the full knowledge, eventually you will learn as you go along with your journey.

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Quote from: UCHCHILD on March 16, 2017, 06:51:39 AM

There were some articles here that for sure can help you to understand on how investing bitcoin works.
Also try to scroll over here, there were some public investing around.
You can also search for some documented videos for sure it can help you a lot.

I know that this forum is a good source of knowledge but your source should not be limited to this forum because not all things that stated

here is true. When investing it is always important to double check. So its better use google, youtube etc. As many trusted sites as possible.

And don't use vague words like here and there. It is difficult to understand. Be more specific.

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