Topic: Things you should know before investing in bitcoin - page 10. (Read 2740 times)
The thing you really know before investing Bitcoin is you have to know that Bitcoin isn't a stable currency and has a always good price.
the next thing to do with a bitcoin is to bitcoin work that is more neat and well known by others because now the bitcoin is starting to drop right now the price is too low too ... is really right, because if there are many bitcoin supplies there is also a possibility of the sin of its value. Higher demand, there is also lower or lower supply for its higher value. That's why bitcoin now has limited supplies to make money in a market.
Before investing please be mindful of the following:
1. Do your own reasearch on how it works, don't be a bandwagoner.
2. Invest your spare/dead money. Do not invest your tuition fee or your food allowance.
3. Know that bitcoin is unpredictable and be ready to control your emotions everytime a big dip is happening. Always have faith.
4. You have to know atleast the basics of reading candles, patterns, movements. If you are into stock trading it will be a nice start.
5. Prepare to be a billionaire 😬
1. Do your own reasearch on how it works, don't be a bandwagoner.
2. Invest your spare/dead money. Do not invest your tuition fee or your food allowance.
3. Know that bitcoin is unpredictable and be ready to control your emotions everytime a big dip is happening. Always have faith.
4. You have to know atleast the basics of reading candles, patterns, movements. If you are into stock trading it will be a nice start.
5. Prepare to be a billionaire 😬
Exactly. You explained very nicely .But let me make some of the above stated points more clear.
1. Do not trust anyone's saying, whether good or bad.
2. Invest only that much which you can bear , if lost.
3. Have trust and patience always.
i agree with you that bitcoin is the investment media that has a high profit but with high risk too because the price os bitcoin is not stable like the other currencies. so if you want to invest in bitcoin make sure that you know it has a high risk, if you don't want to take a risk don't do bitcoin investment or trading
You should understand your poverty tolerance.
You should understand how many peanut butter sandwiches you're willing to eat while HODL'ing, and how many Porsches you should not be buying before you let your investment appreciate through at least one halvening.
You should understand how many nocoiners will mock you, no matter what the price action.
But maybe most importantly, related to the point above, you should understand that investing in Bitcoin doesn't make you better than those who aren't. It's so easy to fall prey to feelings of superiority, but I believe part of the Bitcoin journey involves freeing both our wallets and our hearts.
Happy trading.
You should understand how many peanut butter sandwiches you're willing to eat while HODL'ing, and how many Porsches you should not be buying before you let your investment appreciate through at least one halvening.
You should understand how many nocoiners will mock you, no matter what the price action.
But maybe most importantly, related to the point above, you should understand that investing in Bitcoin doesn't make you better than those who aren't. It's so easy to fall prey to feelings of superiority, but I believe part of the Bitcoin journey involves freeing both our wallets and our hearts.
Happy trading.
The most important thing before investing Bitcoin is looking at market conditions. If you think the market is down and the price of Bitcoin down, we can buy Bitcoin while the price is cheap.
Things you should know before investing in bitcoin
What everyone wants is to have a stable job and get good savings, the best option is to work the money to get more income for the future and thus have a better quality of life and what better to invest in bitcoin but before you should know certain things about This cryptocurrency.
it is not regulated: there is no entity that regulates and monitors this type of investment. So you should be aware that if you lose your money, nobody will answer
Bitcoin is a high-risk investment: people should know that the level of risk is very high, due to volatility and inability to predict its price. "
Do not get into debt to buy cryptocurrencies: this really should not be done with this or with another investment, if you are going to work your money with extra money you got.
Do not invest more than you are willing to lose: "it is recommended that you do not invest your savings in this currency; on the contrary, invest 1% of your assets, something that you are really willing to lose".
Use reliable pages: use safe sites to navigate and also only use reliable devices such as your cell phone, your computer and your home's wireless network. Never use public networks neither to make investments nor for any type of financial consultation.
What everyone wants is to have a stable job and get good savings, the best option is to work the money to get more income for the future and thus have a better quality of life and what better to invest in bitcoin but before you should know certain things about This cryptocurrency.
it is not regulated: there is no entity that regulates and monitors this type of investment. So you should be aware that if you lose your money, nobody will answer
Bitcoin is a high-risk investment: people should know that the level of risk is very high, due to volatility and inability to predict its price. "
Do not get into debt to buy cryptocurrencies: this really should not be done with this or with another investment, if you are going to work your money with extra money you got.
Do not invest more than you are willing to lose: "it is recommended that you do not invest your savings in this currency; on the contrary, invest 1% of your assets, something that you are really willing to lose".
Use reliable pages: use safe sites to navigate and also only use reliable devices such as your cell phone, your computer and your home's wireless network. Never use public networks neither to make investments nor for any type of financial consultation.
And aslo you need to be familiarize in Bitcoin rules and words that needs a deeper understanding to give you a wide perspective of innovation in Bitcoin. As long as you follow the rules you can remain in using Bitcoin.
Bitcoin is nothing but one of the digital currencies that people are wanting to invest in. If you are one of those people, it is consequential for you to ken certain things afore you genuinely invest in bitcoins.
I have a longtime crypto investor friend that guides me, give me tips specially in trading. You must know when to sell and when to buy. You must learn how the price action and the price chart reading, otherwise you will lose the trade.
in my opinion the first must be considered more mature is the security, if it is safe then start investing .. !!
Things you should know before investing in bitcoin
What everyone wants is to have a stable job and get good savings, the best option is to work the money to get more income for the future and thus have a better quality of life and what better to invest in bitcoin but before you should know certain things about This cryptocurrency.
it is not regulated: there is no entity that regulates and monitors this type of investment. So you should be aware that if you lose your money, nobody will answer
Bitcoin is a high-risk investment: people should know that the level of risk is very high, due to volatility and inability to predict its price. "
Do not get into debt to buy cryptocurrencies: this really should not be done with this or with another investment, if you are going to work your money with extra money you got.
Do not invest more than you are willing to lose: "it is recommended that you do not invest your savings in this currency; on the contrary, invest 1% of your assets, something that you are really willing to lose".
Use reliable pages: use safe sites to navigate and also only use reliable devices such as your cell phone, your computer and your home's wireless network. Never use public networks neither to make investments nor for any type of financial consultation.
Bitcoin is a very risky investment. Wherein investors here should have a wide knowledge and understanding about cryptocurrencies, digital money, and campaigns. You have to be remember that you should be risk taker and extend extra efforts to know more about this, but still it will be all worth it. What everyone wants is to have a stable job and get good savings, the best option is to work the money to get more income for the future and thus have a better quality of life and what better to invest in bitcoin but before you should know certain things about This cryptocurrency.
it is not regulated: there is no entity that regulates and monitors this type of investment. So you should be aware that if you lose your money, nobody will answer
Bitcoin is a high-risk investment: people should know that the level of risk is very high, due to volatility and inability to predict its price. "
Do not get into debt to buy cryptocurrencies: this really should not be done with this or with another investment, if you are going to work your money with extra money you got.
Do not invest more than you are willing to lose: "it is recommended that you do not invest your savings in this currency; on the contrary, invest 1% of your assets, something that you are really willing to lose".
Use reliable pages: use safe sites to navigate and also only use reliable devices such as your cell phone, your computer and your home's wireless network. Never use public networks neither to make investments nor for any type of financial consultation.
Before you invest begin investing in BTC, first you should be knowledgeable about everything in it like the mechanismsnof how it works, the strengths and weaknesses, and its characteristics so you would be familiar. Because the more you understand it, the more you can grasp it.
truth is there is always risk in any investment but Before you will put resources into bitcoin, you more likely than not examined what digital forms of money are, upsides and downsides of every cryptographic money, you have figured the hazard that you may take, and acknowledge the destiny that you may lose here. Contributing is making yourself agreeable to that money and sit tight for it to wind up huge. Yet, there are chances that the thing where you contribute won't be fruitful. With this, you may feel burnout or anything. You ought to be prepared for these sorts of situations. Study it well, before going to put resources into a specific digital money.
Things you should know before investing in bitcoin
What everyone wants is to have a stable job and get good savings, the best option is to work the money to get more income for the future and thus have a better quality of life and what better to invest in bitcoin but before you should know certain things about This cryptocurrency.
it is not regulated: there is no entity that regulates and monitors this type of investment. So you should be aware that if you lose your money, nobody will answer
Bitcoin is a high-risk investment: people should know that the level of risk is very high, due to volatility and inability to predict its price. "
Do not get into debt to buy cryptocurrencies: this really should not be done with this or with another investment, if you are going to work your money with extra money you got.
Do not invest more than you are willing to lose: "it is recommended that you do not invest your savings in this currency; on the contrary, invest 1% of your assets, something that you are really willing to lose".
Use reliable pages: use safe sites to navigate and also only use reliable devices such as your cell phone, your computer and your home's wireless network. Never use public networks neither to make investments nor for any type of financial consultation.
What everyone wants is to have a stable job and get good savings, the best option is to work the money to get more income for the future and thus have a better quality of life and what better to invest in bitcoin but before you should know certain things about This cryptocurrency.
it is not regulated: there is no entity that regulates and monitors this type of investment. So you should be aware that if you lose your money, nobody will answer
Bitcoin is a high-risk investment: people should know that the level of risk is very high, due to volatility and inability to predict its price. "
Do not get into debt to buy cryptocurrencies: this really should not be done with this or with another investment, if you are going to work your money with extra money you got.
Do not invest more than you are willing to lose: "it is recommended that you do not invest your savings in this currency; on the contrary, invest 1% of your assets, something that you are really willing to lose".
Use reliable pages: use safe sites to navigate and also only use reliable devices such as your cell phone, your computer and your home's wireless network. Never use public networks neither to make investments nor for any type of financial consultation.
thank you for the information. this is good for beginners like me.
They are a lot of things yous hould know before you invest the first time in bitcoin or any other crpyotcurrency. First of all, maybe its good to look what bitcoin is and the blockchain technology behind. how it starts and how it developed.
Investing in bitcoin digital money is now starting to become the people's choice, especially because of its ever-increasing value and ease of transactions. if you want to invest see the management team that controls the company.
Composition of a solid team can generate confidence for prospective investors
Composition of a solid team can generate confidence for prospective investors
I think you should invest in bitcoin and you should understand that this is an investment that can bring in quick profits and vice versa and it is difficult to bring in a steady income every month. It requires a lot of things from the investor such as patience, knowledge and investment tactics.
Before you decide to invest, you must first define your own goals. Then you will easily outlined smart investment strategies, know when to buy, when to sell to profit is always the highest. After all, your financial plan will help you achieve your goals. It will motivate you towards your greatest success.
Before we start investing in bitcoin or in another alt coins we must need a huge knowledge on how to work on it so that we minimize the loss of our capital and to earn profit. But it so basic when we want to have bitcoin. Buy in low price and sell it high price.
Of course, having knowledge of the coins you are going to buy is the first thing you shpuld to have that will reduce the risk and give you a greater chance of profit, because you know how the potential and market movements of the coins you will buy
Things you should know before investing in bitcoin
What everyone wants is to have a stable job and get good savings, the best option is to work the money to get more income for the future and thus have a better quality of life and what better to invest in bitcoin but before you should know certain things about This cryptocurrency.
it is not regulated: there is no entity that regulates and monitors this type of investment. So you should be aware that if you lose your money, nobody will answer
Bitcoin is a high-risk investment: people should know that the level of risk is very high, due to volatility and inability to predict its price. "
Do not get into debt to buy cryptocurrencies: this really should not be done with this or with another investment, if you are going to work your money with extra money you got.
Do not invest more than you are willing to lose: "it is recommended that you do not invest your savings in this currency; on the contrary, invest 1% of your assets, something that you are really willing to lose".
Use reliable pages: use safe sites to navigate and also only use reliable devices such as your cell phone, your computer and your home's wireless network. Never use public networks neither to make investments nor for any type of financial consultation.
What everyone wants is to have a stable job and get good savings, the best option is to work the money to get more income for the future and thus have a better quality of life and what better to invest in bitcoin but before you should know certain things about This cryptocurrency.
it is not regulated: there is no entity that regulates and monitors this type of investment. So you should be aware that if you lose your money, nobody will answer
Bitcoin is a high-risk investment: people should know that the level of risk is very high, due to volatility and inability to predict its price. "
Do not get into debt to buy cryptocurrencies: this really should not be done with this or with another investment, if you are going to work your money with extra money you got.
Do not invest more than you are willing to lose: "it is recommended that you do not invest your savings in this currency; on the contrary, invest 1% of your assets, something that you are really willing to lose".
Use reliable pages: use safe sites to navigate and also only use reliable devices such as your cell phone, your computer and your home's wireless network. Never use public networks neither to make investments nor for any type of financial consultation.
This is a helpful tips for everyone to know first before investing in crypto. We should know the advantages and disadvantages in doing it and be sure to have knowledge about cryptocurrency before investing. Always remember investing in crypto is profitable but full of risk.
Jump to: