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Topic: Investing to Bitcoin is not that easy - page 2. (Read 2194 times)

hero member
Activity: 1974
Merit: 502
Vave.com - Crypto Casino
April 30, 2018, 10:06:21 AM
it is easy if you are not new comer in cryptocurrency.
beside, you can learn about cryptocurrency here, in this forum.
Investing in bitcoin takes a process before you understand the whole process and the system itself. Not just only bitcoin but everything in cryptocurrency like blockchain, wallets, mining, etc. Bitcoin is not as easy as you think. You, of course must invest first on searching and reading all about bitcoin. It is not bad to invest immediately because you can also learn when you are into it. But if you want to be sure that your investment will give you a great return in the near future, research.
newbie
Activity: 154
Merit: 0
April 30, 2018, 09:59:06 AM
it is easy if you are not new comer in cryptocurrency.
beside, you can learn about cryptocurrency here, in this forum.
full member
Activity: 426
Merit: 100
April 30, 2018, 09:56:50 AM
I think that it is quite difficult for a beginner,because the first time is really difficult to choose a method for investment,wallet and so on
member
Activity: 210
Merit: 10
April 30, 2018, 09:56:06 AM
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.
10c
full member
Activity: 658
Merit: 100
BuyAnyLight - Blockchain LED Marketplace
April 30, 2018, 09:53:38 AM
I agree with you.I constantly have concerns about how to invest and in what period of time it will be best to do it and to be profitable
full member
Activity: 853
Merit: 144
April 30, 2018, 09:52:26 AM
Not only is it very easy but it's becoming easier and easier with all of the new exchanges popping up.
When the going is good, you will see more competition which is exactly what we are seeing with crypto.
member
Activity: 168
Merit: 16
“Revolutionizing Brokerage of Personal Data”
April 30, 2018, 09:51:28 AM
Thank you for giving us a heads up before investing high in bitcoin. But of course, just like you’ve said, it’s not easy. Even though you have this kind of guides with you, it’s really you who will think about how your medium is effective and how feasible your investments are. It can be money investment, or time and effort investment. It’s always and will be your weapon and path to choose.
newbie
Activity: 70
Merit: 0
April 30, 2018, 09:37:21 AM
We have the same insight,I personally think that it is not easy and it is risky.But not many know even the basics. Downloaded wallet, which they were advised to buy bitcoin, recorded a password and forgot about the wallet. Just some of these people are millionaires now.
member
Activity: 238
Merit: 10
April 30, 2018, 09:32:32 AM
There is nothing difficult to invest in bitcoin, there is a large number of services for this operation, and you can do everything yourself.
jr. member
Activity: 203
Merit: 3
April 30, 2018, 09:31:40 AM
Bitcoin investments are ok

But it is not easy for not skilled people to understand how to move in this arena for many different reasons:

1. how to choose the serious platforms
2. how to register
3. how to be verified
4. how to make the first operations, it may be differnt from one platform to the other
last but not least
5. how to invest in the right coins, and of course bitcoin is the first, but also others can have a great growth

I mean, we should have a more simple approach to the topic if we want not skilled people to keep watching at the market and investing on the market.

In my opinion untill now we saw the experts more active in the market.
From now on we will see more and more from the "official" channels (banks/govs are talking day by day more about bitcoin and blockchain)

The risk is that "my mum" will always be cutted off this arena, or will enter the market only though the "official channels" that will get more and more money than my mum

I hope I experessed well
My english is not perfect, i am sorry
newbie
Activity: 40
Merit: 0
April 30, 2018, 09:31:31 AM
I concur with Topic Starter. Yet, very few know even the nuts and bolts. Downloaded wallet, which they were encouraged to purchase bitcoin, recorded a watchword and overlooked the wallet

It is difficult however you cannot state it is confounded. Finding out about wallets is truly simple and you can make a wallet in no time flat. It will presumably take a little to comprehend the distinction between various wallets yet nothing excessively entangled. I need to state that toward the starting you won't see much an about blockchain or how bitcoin functions yet these days there are many sites and recordings that clarify through various techniques so much stuff with bitcoin and blockchain. About exchanging and holding it will require a considerable measure some investment to figure out how everything functions and you additionally require involvement before making benefits
newbie
Activity: 73
Merit: 0
April 30, 2018, 09:23:56 AM
Investing in bitcoin is not as easy as people say, because we have to understand and understand very well the rules and procedures that have been specified in the project that we follow.
member
Activity: 210
Merit: 10
April 30, 2018, 09:16:51 AM
It is not that easy investing in Bitcoin. It takes a lot of patience  to understand all about it and you must be a great risk-taker for you never know when will you will gain profit in your investment. I think it is so necessary  to maintain a good attitude and learn to have a clear mind set.
 
member
Activity: 294
Merit: 11
April 30, 2018, 09:16:33 AM
Yes! I totally agree. so many people are entering and falling away becouse of difficulties bounded with that, its not that easy!

Any investments that we want to engaged to are not easy, there is always an obstacle that we need to go through, and that is part of it, so even here in bitcoin if we want to invest, we need to take all the risk if we want to succeed.
newbie
Activity: 159
Merit: 0
April 30, 2018, 09:01:20 AM
I think investing other than bitcoin is not easy if it is new, because a new one it takes patience to learn. But for those who have long do it would be easy to work on it.
hero member
Activity: 2128
Merit: 520
April 30, 2018, 08:43:19 AM
This is not an easy task, especially for investors who joined in the later stage. In the past few years I have spent a lot of time in the community with bitcoin. I also learned the installation and use of various purses, and learned the techniques of the encrypted miner mechanism and exchange exchange. Of course, I think the most important thing is to maintain a good attitude in exchange, which is usually not easy to do, but we should learn to exercise our mindset.
Precisely, knowing how to work with your attitude will allow you to understand deeper, the technology is getting much attentions and knowing your
investment is a must, if you always have positive attitude then even in a downfall season you will be able to survive, there's always a risk behind this
investment and its correct that it isn't that easy, but if you are ready and you are willing to take more time to understand then you will be able to
achieved and earn got profits.
full member
Activity: 701
Merit: 136
XAYA - THE ULTIMATE BLOCKCHAIN GAMING PLATFORM
April 30, 2018, 08:37:24 AM
It depends on how much you know about computers. But buying bitcoins is a simple and easy thing. You just have to register on a exchange, complete the kyc and trasnfer money to the exchange. And thats it. The problem may starts when you want to transfer the bitcoins or any other cryptocurrencies away from the exchange. So yes you need to do some researches. You need to inform you how to choose the right wallet. ANd how to transfer it right without sending it to the wrong adress. But if you get it once, it will be easier everytime.
full member
Activity: 364
Merit: 130
April 30, 2018, 08:29:52 AM

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

• Trading
• Holding


you should explain this part in more detail. trading and holding are two things that can not be separated because people who do trading will certainly holding the asset to a certain point. Then the difference is the time span, where there is a long-term trade and there is also a short-term. That's what distinguishes the two.
newbie
Activity: 144
Merit: 0
April 30, 2018, 08:29:04 AM
As an investor in bitcoin you need to prepare yourself for the worst and for the wait. You need to have a lot of patience and you cannot let emotions dictate your choices.
sr. member
Activity: 420
Merit: 250
The All-in-One Cryptocurrency Exchange
April 30, 2018, 08:27:49 AM
You are absolutely right! Before jumping into making profit one should learn about it first to avoid getting scam or losing money. There are a lot of people from my country who lost their money because they thought that bitcoin will make them rich right away. Believed to those people who took advantage of them. Others also went on trading right away and asked for signal from their friends and then end up losing. We should all learn from people mistakes and start researching and learning the basic before we go in.
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