investing in bitcoin is not as easy as others think
because bitcoin has rules and procedures that must be taatti or in the do investors like us
Topic: Investing to Bitcoin is not that easy - page 18. (Read 2176 times)
it is not easy but also not difficult, it is important to understand the important point to invest and must understand the holding and selling by knowing the market price
The first thing I did when my brother encouraged me to get into BTC was
to read Satoshi Nakamoto's whitepaper. At the time I didnt understand it
fully but I understood enough that my interest was piqued.
Before getting BTC there are steps to take.
1.] Getting verified on an exchange
2.] Choosing a wallet to store the coins
Its a big learning curve but if you believe in the future it becomes enjoyable.
Yes investing in bitcoin is not that easy because in bitcoin you need to use your money amd then wait until such time that the value of the bitcoin becomes higher from thay you can gain and earn so much money and you can be very successful. to read Satoshi Nakamoto's whitepaper. At the time I didnt understand it
fully but I understood enough that my interest was piqued.
Before getting BTC there are steps to take.
1.] Getting verified on an exchange
2.] Choosing a wallet to store the coins
Its a big learning curve but if you believe in the future it becomes enjoyable.
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.
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.
I agree. These are the basics into getting on investing with bitcoins. At least get a hold of what bitcoins truly are will get you going to investing in large amounts for bitcoins. Getting the right amount of knowledge about bitcoins give you an upper hand when it comes to investing on bitcoins.
Actually not that difficult, it only takes 2 to 3 days to learn to understand investment. If it is already intend to invest I am pretty sure 1 day already understand all the ways and what the risks of investing.
I'm not familiar in bitcoin that's why it's very difficult for me to invest in bitcoin. Everyone should be knowledgeable and take extra care because this may risk your investment capital.
We all know thats its not easy to invest money on bitcoin. But if you think carefully, you will notice that all investments has risk on investing money. We dont know if we will win or lose. As of now, the only thing we should have when investing on bitcoin is enough information and idea about bitcoin. You cant go to a war without weapon same with investing in bitcoin without knowledge.
It not easy. If you do not know how to invest in bitcoin absolutly you will loss them. If you have knowledge in bitcoin it will be very easy. And investing in bitcoin is a very high risk.
Big volatility makes Bitcoin investing challenging.
Practically in any kind of investments there are risks to lose or a part of an investment, or completely. And bitcoin to that not an exception. Study the market. remember the principles and then try to invest.
for beginners it seems natural to say investing into bitcoin is a bit difficult because they do not really understand how to play bitcoin, only people who already understand how to play bitcoin alone knowing investment in bitcoin is very easy and fun.
Play Bitcoin? LOL ... Bitcoin is not a game you fool.
for beginners it seems natural to say investing into bitcoin is a bit difficult because they do not really understand how to play bitcoin, only people who already understand how to play bitcoin alone knowing investment in bitcoin is very easy and fun.
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.
That is really a very good advice. After you have known what stated above, the next step you have to focus is how to manage your capital and control your risk including psychology management. These threeLearn 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.
important factors can affect your success in Trading or investing. That is why you are recommended to learn and know much about them to maximize your profit and limit your loss.
One most important thing is we should have control our money management well. Because that's the key of investing in bitcoin.
I certainly believe you are correct. I am a newbie and have tried trading with bitcoins, yet there are so many things to look into. One mistake could just make your coins disappear all at once. I knew somebody who have lost about a 10,000$. He didn't what happened, it was all lost during the trading. He didn't know how it will be recovered and it was never really recovered and it was so sad that It create a fear on me. What if such mistake will happen again to anybody like us, newbies? It was really hard on my part. So I constantly need guidance but with nobody around to tell what is right and correct probably mistakes could just so happen easily.
right because if you do not know how to invest in bitcoin you will lose all your money and be happy with your hard work because it's not easy to invest in bitcoin
Enter in the world of investing is full of risk if you don't know how to invest it will lose all your money. Investing in bitcoin is not easy it is full of risk if you have lack of knowledge about it, you need to workhard lots of research and patient. 
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.
Excellent! These factors need to be taken into account not only when investing in bitcoin, but in general for investing in crypto-currencies. But not many people spend time on this, most spend their money based on others' opinions. 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.
How to invest in bitcoin? This is depending on the thinking and opinion of each person you invest in playing bitcoin is like you buy gold, play securities, if you feel potential then you can use personal money to invest bitcoin, you can buy your friends or look for reputable bitcoin sites. Investing bitcoin is an easy investment, but you have to wait patiently.
It is easier than investing somewhere else, but still you need to understand the basics and learn how to do it correctly, otherwise you can simply lose all your money.
I can also say that when you invest in bitcoin it will not profit in just a click and it is not that easy as what you think. But if you have a lot of patience and time then I will tell you that bitcoin is worth a wait. Because if you invest in bitcoin it profit as much as what you expected you just really need to wait for it.
I agree with this, it is not easy to start, like in anything you do for the first time, you really need to exert more effort in learning things, yes we can read and know things from various sources especially in this time and age of the internet but then, knowing is different from understanding it. For me, your knowledge on how Bitcoin works, how the market acts and how the technology blockchain gives us great profits are your foundation in suceeding it in this industry but its not just all knowledge, you need the right attitude, patience, perseverance and strategy as well. These are the basic foundation on any business, any industry.
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