It is highly recommended to invest time in understanding these crucial things before investing actual money in the same. As we all know that Bitcoin and cryptocurrency is are based on blockchain technology which relies on the principle of decentralization, there is a decentralization of responsibilities to and hence it is important to identify those responsibilities as the user to make sure that your funds are safe with you. Governments and banking systems are making it difficult to get involved with Bitcoin and cryptocurrencies but there is always a way to do it without breaking any law.
Yes I really agree with that because money here is not can be seen because if you want to invest your money here. You need to buy bitcoin using your fiat and it is really risky because bitcoin is a digital currency and it is a untouchable. But if you are wise than amy other you can secure your funds by doing active or secure transactions too to avoid scam. 
Topic: Investing to Bitcoin is not that easy - page 22. (Read 2199 times)
Yeah right. Bitcoin is not that easy. you have to learn a lot of things about it especially in investing. You have to take up risk since you have no idea when will its value will rise or go down.
It is highly recommended to invest time in understanding these crucial things before investing actual money in the same. As we all know that Bitcoin and cryptocurrency is are based on blockchain technology which relies on the principle of decentralization, there is a decentralization of responsibilities to and hence it is important to identify those responsibilities as the user to make sure that your funds are safe with you. Governments and banking systems are making it difficult to get involved with Bitcoin and cryptocurrencies but there is always a way to do it without breaking any law.
This is not easy but so interesting to open entire new world of revolutionary technology and become a part of something great.
In my opinion, not everyone can invest in btc because it is not as easy as it seems. There are many things to learn and you need to be familiar with English, IT and markets.
I do not think English is too much of an obstacle, online translation sites are widely available. Broadly speaking, there are two principal preparations that we must prepare before investing. First is the technical problem as below.• Bitcoin wallets
• How Bitcoin works
• What is Blockchain
• Types of wallet
• And different kinds of investments
• Trading
• Holding
And the second is a mental problem. If you understand technical issues, but you have no mental investing, that's no good. For example, mental preparation helps us so that we are not easily affected by FUD.• How Bitcoin works
• What is Blockchain
• Types of wallet
• And different kinds of investments
• Trading
• Holding
It is difficult yet you cannot state it is muddled. Finding out about wallets is entirely simple and you can make a wallet in no time flat. It will most likely take a little to comprehend the distinction between various wallets yet nothing to convoluted. I need to state that toward the starting you wont 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 likewise require understanding before making benefits
Very true because investing in bitcoin is even way more hard than stock market because in bitcoin, you have to be cautious about the price because if you miss even an hour the price will actually change drastically and you will might loose some of what you have invested. I think that investing in bitcoin will really take up some huge risk since the probability that you will gain will actually be unknown.
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 yes investing in bitcoin is not easy because for one bitcoin price is very expensive. And the past 3 months was a depressive months for bitcoin. But now the price has been increasing and the increase is very stable. In contradiction to many negative sayers that bitcoin will die off very soon the price went up and surge and since the first week of this month the upward trend of price just proves that bitcoin will stay for a very long time and it might surge up to 15k by June this year. Many people were depress with the long dropping of price and sold out but now investors are starting to come back and are buying more bitcoin investment. During the drop of price it was really good for those people who saw the downtrend as an opportunity to buy bitcoin investment while the price is off because it was very less compare to the previous years price and now that the price is increasing they are sure now are gaining profit. 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.
Tes thats true,investing to a bitcoin is not easy because there are lot if people saying tnat bitcoin is not true,bitcoin did not exist,bitcoin is false.But if they really want to see the total package of a bitcoin,they can understand what bitcoin it is.
Yes investing in bitcoin is truly not easy. When you want to invest in bitcoin. You must ready yourselves in everything that will happen. You need to have a lot of patience. And not panic easily.
I agree with you especially the thing that is hard when you are investing on bitcoin is that when you buy it at a high price and the price of it becomes low. You will suffer a lot of loss there.
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
Investing in bitcoin is not that easy since, because bitcoin is unpredictable, it has a risk factors since, bitcoin can be considered as an assets, therefore it is susceptible for risk, simply because it depend on the principles of demand and supply. Another thing, bitcoin is very volatile and its price value cannot be controlled. However, bitcoin still the most dependable digital currencies and other cryptocurrencies depends on it, thats why it is considered as one of stable crypto currencies in today's technology. So for all the bitcoin holders, users and enthusiast, although it is complicated and has difficulty, there's still a lot possibilities that will happen to bitcoin in the near future.
Initially we need to understand what is it - blockchain, BTC and criptocurrency at all. The next stage is be acknowledged with BTC wallets and how to keep it secured. Thirdly, we need to know situation at the market. So after that we can invest in BTC.
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.
Investing in crypto does have a very high risk, and there is no guarantee of profit from its investment. We must have the knowledge, confidence and patience needed to make predictions about crypto, and as much as possible not to panic when prices fall.
I do not see anything difficult to invest in bitcoin, you just need to create a bitcoin purse and buy them on any exchange and transfer them to a purse, and then watch for its growth)
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.
These things are what newbies keep ignoring when they enter crypto. They had just successfully transferred their bitcoin from a wallet to exchange then they actually think that it's just simple as that. They feel like a pro but when they got hacked, they blame everything on crypto.
These days, it's quite easy to buy Bitcoin, especially if you life in a big city. There are many tutorials for newbies describing different types of exchanges and wallets. Unfortunately, most of the people who come here, think that they are going to become millionaires in just a few months. Don't expect Bitcoin to become x10000 times expensive again. Some people might find it difficult to invest in Bitcoin because of lack of information in their native language or some outdated information. Usually, crypto communities are helpful to others so it shouldn't be a real issue.
Yes, I agree with you. Not only is it investing in bitcoin, it is not easy to invest in anything, and we must all continue to learn.
In fact, I think Bitcoin wallet is not difficult to operate, just remember the password and properly save the private key on it
In fact, I think Bitcoin wallet is not difficult to operate, just remember the password and properly save the private key on it
In an investment, a promising market does not mean that the market can not be attacked. Because there is no central agency that can guarantee your bitcoin, so once you lose, you will hardly get it back. If they are stolen, it is as if you have "bad luck".
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