Topic: Things you should know before investing in bitcoin - page 15. (Read 2740 times)
Very well said. Invite at your own risk and what you can afford to lose but before you invest you need to check first the background.
first, and most important: you must invest as much as you are ready to lose without unnecessary emotions. Next: orient, than fill your crypto portfolio with what altcoins. If you want a balanced investment portfolio, investing in the ten most valuable currencies can be a good strategy. and, of course, decide on the strategy. bitcoin is best stored on a long-term basis.
This is a market that can rise in price and the sure one is the low price because most of the news is false and only affects the negative
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.
yes, that's all we need to know and do before investing in crypto, to avoid panic when value decreases and we can restrain it calmly. 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.
Yeah there are so many things to know before investing in bitcoin and the easiest way to obtain those things or information is through forum. Bitcointalk forum is the best so far where you can directly other member who had also some experience and expertise on invseting bitcoin. I bet this thread has a lot of inputs from other members and this is very nice.
A lot of people are investing in Bitcoin and it’s becoming increasingly clear that it’s not just a passing fad. It’s also clear that it’s potentially very lucrative,though not without risks. So, before you invest in cryptocurrency, it’s a good idea to have a goal in mind and know how much you can afford to lose
Yeah there are so many things to know before investing in bitcoin and the easiest way to obtain those things or information is through forum. Bitcointalk forum is the best so far where you can directly other member who had also some experience and expertise on invseting bitcoin. I bet this thread has a lot of inputs from other members and this is very nice.
You should know bitcoin work and understand something about network security and if your funds will be stolen nobody cant help you
That is a good point and people should always understand what they are trying to get into before they fully make a commitment to try it because if you don't know or if you don't have any knowledge about the thing that you are about to try then it is not worth it to just keep your attention to that because you will fail and you will not get the success if you don't have knowledge about it.
You should know bitcoin work and understand something about network security and if your funds will be stolen nobody cant help you
Before investing in bitcoin you must understand everything about it so that you wont regret anything. You must know how it works and understand the risk associated with it. You must be opened to any possibility and make sure that you can accept it, because it's not all the time you are going to earn, there are times that you may lose some of your money that you have invested on it especially when the price drop. If this happened, you need to exercise patience till the price picks up again.
I think you need to know a lot of things, not only when investing in bitcoin, but also other coins. You must be prepared for this kind of scenario. Learn it well use a secure site to navigate and also use only reliable tools like your mobile phone, your computer and your home wireless network. Never use public network
there are many ways to protect your bitcoin investment. One common use of cold storage wallets. A good investment in bitcoin is the entrance to the local annual day, which is not easy to catch, then a calm profitable current.
I think you need to know a lot of things, not only when investing in bitcoin, but also other coins. You must be prepared for this kind of scenario. Learn it well use a secure site to navigate and also use only reliable tools like your mobile phone, your computer and your home wireless network. Never use public network
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 😬
In investing in the crypto currency, there is always a big risk and you must be ready for it. Study it well before investing in a certain crypto currency. Before planning to invest in bitcoin, you need to carefully study the basics of crypto currency 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 😬
Before deciding to invest in bitcoin at least we should have basic knowledge about crypto, what is bitcoin and how it works. Most importantly I think we should know all the risks we might face later so we can prepare a strong mental. If bad things happen, we are ready and do not go crazy by it.
I agree with you, thank you for your ideas that you share to us. As a member of the bitcoin forum I always aware to my investment and to the people who use another people just to dissapoint them, because of the scam that they do. This requires investors to invest only that money which they can afford to loose.
the most important thing for me is to have a lot of capital, or at least enough to start investing. then learn well the bitcoin fluctuations, so that when prices fall not do panic sell.
The only certain thing in this world is uncertainty and this rule applies to the crypto market too. Crypto is all about self-responsibility and anyone is responsible for his own actions so when it comes to the investment in Bitcoin, one should always do his own research before relying on others. The only guarantee is that anyone won't lose more than 100% and that's why one should invest not more than his loss-bearing capacity.
before prevering first bitcoin we should important the following following people need to know thoroughly about Bitcoin, If you do share it with someone then you need to change it right away because no one can be trusted in the crypto world.
All the investors should keep the risk factor in mind. This will ensure that they do not spend all their money on crypto.
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.
the opinions that you convey very true to us before starting the investment is a good idea we must know all the risks that we will get later 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.
Investments are naturally risky. I know how risky to invest in Bitcoin, but if you are willing to take the risk then be ready also to lose what have you invested. I think at first you need to understand what exactly cryptocurrency is and how it works, how it is different from fiat money. Never spend more money than you are willing to lose because investing in bitcoin is like gambling and you never know what will happen to your money. Its always better to hold as bitcoin will surely have a great future because bitcoin is the father of cryptocurrencies.
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