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Topic: Things you should know before investing in bitcoin - page 14. (Read 2740 times)

full member
Activity: 294
Merit: 100
Your professional profile on the blockchain
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.


Im totally agree with this tips. Invest and trading in bitcoin is never been as easy as it seems, it takes a lot of courage, patient, and knowledge before we decided to entering crypto world. But, we also can nit deny that invest in bitcoin for long term future is so promising for us. Anyway, thank you for sharing ! Smiley
newbie
Activity: 238
Merit: 0
The very important fact is that the cryptocurrency market is divided into daily traders and long term investors and people with either low or high financial resources can participate in both, however, both are volatile and unpredictable. you do not have any control over the market and waiting is the only tactic.
jr. member
Activity: 448
Merit: 1
I really do think one has to sit down make researches and also think thoroughly the risks involved in the investing because investing or investment is like gambling you are bound to lose or gain so in this case its advisable to invest the amount you can bear the risk for.For better guidance you can go for counselling.
full member
Activity: 476
Merit: 100
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.


Before investing bitcoin you must know first what bitcoin is and basically how it transfer and how to do transaction with bitcoin. It is very important to know first what is this you are going to invest because investing is very risky thing and a very important rule for investing is to study and learned first what you are invested because when times come it will in trouble or shaky then you can do the better things in order for you to not to lose your money because you are updated to what have you invested with.
newbie
Activity: 112
Merit: 0
 Before investing in bitcoin you should know what is bitcoin and why it is important .I think young investors do not count all this at once, so you need to read many useful articles.
hero member
Activity: 1148
Merit: 504
First thing you need to know before investing in bitcoin is that bitcoin is risky,Second is that crypto is volatile the reason why it is really different from fiat.Lastly,Bitcoin is really more profitable compare to others the reason why many people are now investing to earn big aswell.
The point is bitcoin is very risky because of fluctuations, your assets could decline by more than 50% in the near future, if you do
not have patience then you will get only a loss, this must be in the know by many potential users, because many of them panic see it
member
Activity: 756
Merit: 12
This we should understand before investing in bitcoin, bitcoin is high risk investment, still unregulated and its a long term investment. Thats why bitcoin price movement very high fluctuation. If we long term investor, we should not worry about price movement because its a normal in cryptomarket
full member
Activity: 644
Merit: 100
one of the things you should know before investing in bitcoin is, the market situation is sometimes difficult to predict where the direction will move, it is of course very important you understand before doing investing not to lose
newbie
Activity: 113
Merit: 0
Before you invest check what is your situation today and you know what bitcoin is. If you are afraid to lost don't try it and invest what you can afford to lost..
newbie
Activity: 138
Merit: 0
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.


For me first thing you should know before investing in bitcoin learn the basic cryptocurrency and then if you want to invest in crypto you need to know,what is crypto and what type of crypto will you invest.If you choose now what crypto you will invest,be sure that it is legit and many people know about that.So that if you have a question about your crypto, you can ask someone who know about that and you will be updated what happen to your crypto.
newbie
Activity: 210
Merit: 0
Investment in bitcoin is risky, you need to invest more than you are willing to lose. It's not easy if you loss much your money. Always think before to risk.
member
Activity: 182
Merit: 10
I believe, before making any investments, you should learn about the project you are going to put your money in. And doesn't matter if it's btc or ethereum, real estate or stock share, etc. If we talk about investing in blockchains, you should understand the way it works, how to keep your crypto safely, and learn about money-management/risk-management.
newbie
Activity: 112
Merit: 0
If you want to invest in cryptocurrency  you need to know its reliability and what type of crypto will you invest. There are so many crypto in the world which
are legit and scam.. The EDUCATION ECOSYSTEM token OR ledu oken is a legit token about educational development. Its platform focuses on professionals and different government projects.
newbie
Activity: 107
Merit: 0
We must have complete information about Bitcoin before investing in Bitcoin. Because Bitcoin is such a platform. In which our investment keeps us changing both profit and loss over time. Price in Bitcoin keeps changing all the time. So when do we have to invest and at what time we will profit from our investment. This information should be there.

Bitcoin is very popular now so a lot of information about bitcoin is everywhere in the internet. Investing in bitcoin will give us good profit but at the same time will lose our funds if we will not study all about bitcoin.
member
Activity: 263
Merit: 12
First thing you need to know before investing in bitcoin is that bitcoin is risky,Second is that crypto is volatile the reason why it is really different from fiat.Lastly,Bitcoin is really more profitable compare to others the reason why many people are now investing to earn big aswell.
newbie
Activity: 82
Merit: 0
We should know the advantages & disadvantages of bitcoin, also is it safe or not. we should know every detail of Bitcoin if we want to invest so you will not regret.
newbie
Activity: 58
Merit: 0
Before you invest you need more information to know if your investing in company is trusted and not scam and you need to understand the goal for their campanies if it has a good to the future or it cannot help.
copper member
Activity: 280
Merit: 0
We must have complete information about Bitcoin before investing in Bitcoin. Because Bitcoin is such a platform. In which our investment keeps us changing both profit and loss over time. Price in Bitcoin keeps changing all the time. So when do we have to invest and at what time we will profit from our investment. This information should be there.
newbie
Activity: 252
Merit: 0
Before investing, you need to understand what bitcoin, blockchain and crypto currency are in general. Not to get upset when the schedule goes down and does nothing stupid. Invest as much as it is not a pity to lose, because today it is a very risky business. Also you need to at least a little bit to find out what trading is, today it is impossible without it on the stock exchange. Learn from other people's mistakes which unfortunately today, a lot has been done.
hero member
Activity: 728
Merit: 503
dApps Development Automation Platform
we have to mastering a lot of knowledge about bitcoin before we invest and entering crypto world. Because like we all already know, bitcoin is so fluctuative and we have to face it with open minded and wise decision. anyway thats a good tips, and thank you for sharing! Smiley
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