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Topic: Things you should know before investing in bitcoin - page 18. (Read 2691 times)

full member
Activity: 391
Merit: 100
For me, things to know before investing not only in bitcoin but also for the other cryptos is not actually that detailed or many to consider. You should just take an effort to understand certain crypto's market strokes before investing in.
jr. member
Activity: 84
Merit: 2
We all know that investing is risky mostly to those currency that are not regulated by the country. If you do invest you should be ready for the possibility of what you can loss for the future, just invest if you care to loss them. It is not only to become losses, it is just like a game - either you can win or loss.
full member
Activity: 392
Merit: 112
It is very basic logic. "DON'T INVEST IN THINGS THAT YOU DON'T UNDERSTAND". Everything should start from the bottom. Knowing first the thing before investing is very important. Like investing in Bitcoin. You should know first the consequences before investing, also know how Bitcoin works and how market works, and you should also know that market is the one who deciding the price of every cryptocurrency.
member
Activity: 322
Merit: 10
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.
full member
Activity: 188
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.


Those newbies in bitcoin and those who want to join the bitcoin world need to read this so that you're not lacking of information. The only thing I've learn in bitcoin is that you need to accept what is the result no matter what then move on to the next.
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: 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 token is a legit token about educational development. Its platform focuses on professionals and different government projects.
jr. member
Activity: 123
Merit: 1
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: 36
Merit: 0
A lot of things to know before someone becomes an investor on bitcoin. An investor should be aware of getting in and out of bitcoin before investing because it is a new form of economic concept coupled with modern technology that is completely at odds with the existing economic theory. The main attraction of BITCOIN is a particular feature that ensures security and clarity and ultimately global legitimacy. Its main feature is that decentralized means no controlling authority to interrupt, its anonymity and all transactions are recorded in an electronic ledger with blockchain technology
hero member
Activity: 980
Merit: 502
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.


Your tips about investing into bitcoin is quite useful and I would like to discuss them one by one.
You are absolutely right that there is no regulating body over bitcoin and nobody is answerable to your loses but with the time bitcoin is progressing and countries are legalising bitcoin so bitcoin slowly getting its regulating body
Yes bitcoin is very high risk investment but we all know that the profit ratio is also very high.
You are right that one should invest into bitcoin according to its capacity only.
And yes the most important, use reliable sources before investing into bitcoin.
member
Activity: 280
Merit: 10
I think you have at least good understanding about crypto word and for trading purposes you must have an idea, plan, strategy that how you are trading, what is the strategy you are following or made, the term of strategy give you a plan which help you to work with a plan,
full member
Activity: 340
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.


In investing you need first is learning. You need to search some info about investing and make yourself familiarize on where you want to invest your money. After that know its strengths and weaknesses so you are aware of what might be happen. And lastly, do not turnover all your money on it, it is so risky.
member
Activity: 120
Merit: 10
A well-written points that need to be learn in getting into digital market. In all investment it's either you lose or you gain same in bitcoin, that's why you must learn the system first.
newbie
Activity: 154
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.


Before investing in Bitcoin you should know the technology behind it, how it works, what's the business model of that crypto currency. the team and future potential and possible market volatility.
member
Activity: 364
Merit: 10
I think it would be best to ask for advice and advice of a person who has deepened into this area and is already actively leading either a purchase or an investment in this coin, it is also worth studying the information on the Internet.
Leaving with zero preparation is a big mistake. Instead of self-studying, we could ask the acquaintance who has been engaged in bitcoin for quite a long time. Since he already has experience, we could ask him a lot. And we also don't need to be uncomfortable because he is our friend anyway.
full member
Activity: 462
Merit: 102
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.



Bitcoins aren't that hard to invest on and I guess with these tips posted by OP, it wouldn't be so hard to adjust and maintain a certain value of money for bitcoins. You should know all too well that as a mew investor of bitcoins, that you're prepapred to lose some and gain some during the length of your holding.
rfj
full member
Activity: 214
Merit: 100
This thread is very helpful especially to those new in bitcoin and other alternative cyrptocurrencies. In deciding to get involve in this market, people is responsible to study the systems before investing.
member
Activity: 315
Merit: 17
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.


it's very good for us to think more about some things before investing in some ICO or other cryptocurrency purchases, it's kind of a warning to us .. it's great, I'm so helpful
newbie
Activity: 162
Merit: 0
we must learn and know about the digital currency and its systems before starting investing in bitcoin. we must know all the risks that we will get if we invest in bitcoin. we should be able to understand the situation and market conditions of coins in exchange. we must always follow the development of all coins.
The first thing to do before investing in bitcoin and other alternatives coins, is to research about the cryptocurrecy and what kind of coins we deal for. Study first and learn what kind of business we make. Bitcoin needs a lot of patience and deeply understanding.
sr. member
Activity: 938
Merit: 250
we must learn and know about the digital currency and its systems before starting investing in bitcoin. we must know all the risks that we will get if we invest in bitcoin. we should be able to understand the situation and market conditions of coins in exchange. we must always follow the development of all coins.
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