Investing to Bitcoin is not that easy - page 15.

charlemagne_15

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Activity: 357

Merit: 12

Quote from: RandySandy on April 01, 2018, 10:58:17 PM

There's a lot of things you need to consider that if you don't give importance your investment may be at risk so here are some of the things ou need to consider or to study.

Learn about the basics first such as:
• Bitcoin wallets
• How Bitcoin works
• What is Blockchain
• Types of wallet
• And different kinds of investments

Second Learn what kind of investments you need to do, here are:

• Trading
• Holding

When you've decided what kind of investment you're going to do start finding exchange where you will bought your first bitcoin there's a lot of platforms where you can buy bitcoins such as:

• LocalBitcoins
• Binance
• Coinbase
• Just search on the internet.

NOTE: You should know the risk you're going to face when it comes to investment remember that there's no assurance that if you invest you're going to earn so invest only what you can afford to lose.

What you have said above are very helpful for those who are new to this. It can serve as a guide for them. I believe all investments are pretty much difficult due to nothing about business is easy same as bitcoin. Knowing deeply and investing in bitcoin is hard but if you really are interested in here, learning it will be enjoyable and easy for you. The following informations above are the best explanation and procedures to know.

daoquanghuan

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Here is your thoughts on bitcoin. It is very useful for beginners

PlayUp

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People in here saying it's not that complicated are not considering just how foreign this concept is to so many. Many people do not properly understand the current financial world. There are many intricacies in modern economics and cryptocurrencies alike.

I was unaware when first investing in Bitcoin that to really use it and diversify I would be required to register with more than one exchange (cryptocurrency and fiat exchange) and have online, software and hardware wallets to diversify and secure my funds.

The first step one should take before investing is understanding the philosophy behind the blockchain and cryptocurrencies. This will in turn lead you to a better understanding of what fiat money is and how we use and understand it also.

The philosophy and technology is what will eventually drive your excitement and investment - not the price fluctuations.

Wish 107.5

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Activity: 420

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Quote from: baho11 on April 25, 2018, 11:21:44 PM

All investment is not easy same as in bitcoin but if you are interested to learn nothing is hard. You only need is to be open minded , and courageous .In investing money you should be wise and resourceful enough to create some ideas to develop more on your investment.

I agree with you, there's a risk in all investment. Since Bitcoin is an investment, it is definitely risky; it is not considered easy, because it will take time before you earn and get your ideal price.

dvillier

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Activity: 238

Merit: 57

Quote from: Irwandho on April 25, 2018, 11:52:01 PM

Quote from: lucian999 on April 24, 2018, 11:10:35 AM

bitcoin investment is not as easy as it is uncertain if you earn today, especially now its price drops and you may not even be able to lower its price in the next few months.

according I have to say that at first you will not know much about bitcoin work but there are currently dozens of the website and video explain through different methods all a few minutes. also, you need to experience before profits

investing in bitcoin isn't easy,it is confused however in the event that you need to learn and receive about bitcoin it certainly feasible for you to know and have information in contributing. Quite is no simple method to earn,you need to attempt it. So,to take in more in contributing you have to put your opportunity searching,reading,analyzing how to do this and how to be a fruitful financial specialists. There is a great deal of things you have to consider when you contribute in light of the fact that it is unsafe however it is feasible for you on the off chance that you are excited about the things you need to do.

Irwandho

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Quote from: lucian999 on April 24, 2018, 11:10:35 AM

bitcoin investment is not as easy as it is uncertain if you earn today, especially now its price drops and you may not even be able to lower its price in the next few months.

according I have to say that at first you will not know much about bitcoin work but there are currently dozens of the website and video explain through different methods all a few minutes. also, you need to experience before profits

baho11

member

Activity: 263

Merit: 12

All investment is not easy same as in bitcoin but if you are interested to learn nothing is hard. You only need is to be open minded , and courageous .In investing money you should be wise and resourceful enough to create some ideas to develop more on your investment.

Theonethatgotaway

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Activity: 85

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Quote from: galaxing on April 25, 2018, 06:51:24 PM

yes, simple and very useful .. i think this topic is very useful, although there are people who disagree this topic is in forum discussion.
I give you a thumbs up.

Indeed investing bitcoin is not easy because you never know what happen and the risk in investing bitcoin. You really have to know what is bitcoin and knowledge in investing in bitcoin. Also you’re playing a psychological, win-lose battle against other humans with money as the sole objective.

galaxing

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yes, simple and very useful .. i think this topic is very useful, although there are people who disagree this topic is in forum discussion.
I give you a thumbs up.

Fire316

newbie

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Yes,investing in bitcoin is not easy,it is complicated but if you want to learn and adopt all about bitcoin it not imposible for you to know and have knowledge in investing. Actually there is no easy way to earn,you need to endeavor it. So,to learn more in investing you need to put your time searching,reading,analyzing how to do this and how to be a successful investors. There is a lot of things you need to consider when you invest because it is risky but it is posible for you if you are eager about the things you want to do.

nellakarisma

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indeed investing in bitcoin there are resekoya like wallet in collapse by irresponsible person. the price is hard to predict. the most important thing is do not panic easily with the news that assess negative bitcoin. to be honest from January to March I do not get any profit at all. except the increase of knowledge, experience and how to address the state of bitcoin prices are down .

rickn

member

Activity: 406

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Actually investing in Bitcoin is not simple and this drives many people away. Dealing with wallets, public and private keys, exchanges, fees and other concepts is not a simple task for a user not accustomed to these concepts

miyong

full member

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Yes, investment in all aspect is not easy even in a small business when we are starting our investment it involves lots of risk. In trading, holding is importand and more patience when market is not in good terms. Roll Eyes

onyok

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Quote from: bitchubitchu on April 03, 2018, 03:29:07 PM

We have the same insight,I personally think that it is not easy and it is risky.But if you like to earn money all are easy and you will take all the risk.

I also agree with you, since we all know bitcoin is a digital currency so it is hard and very risky to invest especially today because bitcoin become more and more popular many scammers and spammers appeared and make different strategy and ponzi scheme to make money easily without any hisitations, so as an advice be careful in investing and invest of what you are afford to lose

anavir

member

Activity: 350

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Quote from: zhea on April 10, 2018, 04:28:42 AM

Its not that easy to invest but it's not that complicated. At first things comes up in our mind is that if its legitimate or whatever questions that runs in our mind. Need to study first and observe the flow of the market to make sure that you have an idea before entering into a situation that sometimes we can say that its hard because it involve an amount. Nowadays we can hear on news that scamming is just anywhere so have to make sure everything before investing and doing business because its not that easy to find funds to start with.

i agree that you have to be knowledgeable first about btc before you invest and be sure you are patient enough because btc price is volatile,if you are not patient there is a tendency for you to get panic and it will cause you to jump in panic selling which is not good because instead of having good profit, you may lose your money instead

kiddeon123

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yes bitcoin is not easy! some people though that when you put money on it. you will earn much. But the truth is you also need to invest time to study and acquire knowledge for it. Plus there are a very high risk on it. you can make it big time or you might end up miserable😅

bitvelk

member

Activity: 406

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I even have a living example of what it really takes to learn a lot of information to be successful in bitcoin. One of my friends did not study the safety rules of storage carefully enough and as a result, almost all of his investments were stolen. Therefore, do not neglect the study of information.

Shingaling

newbie

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That's true you need to consider many thing especially your mind your emotion,the risk that may occurs during investing.

Ailmand

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Quote from: MakeMoneyBtc on April 03, 2018, 03:08:19 PM

It is not easy but you cant say it is complicated. Learning about wallets is pretty easy and you can create a wallet in a few minutes. It will probably take a little to understand the difference between different wallets but nothing to complicated. I have to say that at the beginning you wont uunderstand much a about blockchain or how bitcoin works but nowadays there are dozens of websites and videos that explain through different methods all this stuff with bitcoin and blockchain. About trading and holding it will take a lot some time to learn how everything works and you also need experience before making profits

That's right, it's not only complicated to learn, but it's hard to actually choose a project that would actually prosper, especially now, when there are so many projects popping out, and it's not very easy to choose anymore as compared before. The considerations you have to think of are just too many these days that even if a project may seem good at one point, it may still be susceptible to failure in the long run. Another factor that makes it hard for investors is the idea that one product or coin may be replaced at any time, and so it may happen that before it could even come out of the market, that it would already be at its downfall.

Ingoats

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Activity: 518

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Quote from: RandySandy on April 01, 2018, 10:58:17 PM

There's a lot of things you need to consider that if you don't give importance your investment may be at risk so here are some of the things ou need to consider or to study.

Learn about the basics first such as:
• Bitcoin wallets
• How Bitcoin works
• What is Blockchain
• Types of wallet
• And different kinds of investments

Second Learn what kind of investments you need to do, here are:

• Trading
• Holding

When you've decided what kind of investment you're going to do start finding exchange where you will bought your first bitcoin there's a lot of platforms where you can buy bitcoins such as:

• LocalBitcoins
• Binance
• Coinbase
• Just search on the internet.

NOTE: You should know the risk you're going to face when it comes to investment remember that there's no assurance that if you invest you're going to earn so invest only what you can afford to lose.

Indeed true. An investor should first know the risks involved in an investment. In cryptoinvestment,such as in Bitcoin, the risk is due to the natural market volatility. There is always a sudden change on the market value of it which might sometimes yield to profit and sometimes,profit loss. Be persistent also with how things are happening in order to avoid uncertainties.

Topic: Investing to Bitcoin is not that easy - page 15. (Read 2194 times)