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Topic: Things you should know before investing in bitcoin - page 19. (Read 2740 times)

jr. member
Activity: 131
Merit: 1
xCrypt
Before entering this game of course it's better to has some knowledge about crypto market,strategy and understand how it works. There's always a risk loosing more than gaining profit,so everyone should care about his savings for such case and never to invest more than you can afford.
full member
Activity: 540
Merit: 100
You should fully understand how bitcoins works, you should know also the factors that affect the price of the bitcoin. Bitcoin is too volatile and it is the reason why it is considered as extremely risky investment.
member
Activity: 490
Merit: 10
Platform for Cross Chain Fundraising
There are lot of things that you should know before investing bitcoin. First is know its background, then know the process just like in investing and applying  for a job in order to earn and receive high profit. After all everything will follows into place, just be patient and do your best.
newbie
Activity: 72
Merit: 0
things to know before starting bitcoin investments that make sure the money you want to invest must be ready to lose because no one can predict the profit or loss and recognize the concept of performance mastered his first science
newbie
Activity: 68
Merit: 0
we all need to know this and also maintain this for the welfare of us.
hero member
Activity: 2590
Merit: 644
You should know that bitcoin is a very volatile cryptocurrency that can give you a lot of profit in a very short time and it can also give you a very huge loss in just a short time after you have invested your money in bitcoin so you should know the risk and only invest the amount of money that you don't care if it will go to zero.
newbie
Activity: 73
Merit: 0
My opinion before investing in bitcoin, you need to conduct a full investigation of this information, to learn all the smallest details in this branch, because you have a long way to go  Wink
full member
Activity: 429
Merit: 100
How to store, use and secure the bitcoin we have is very important to know before investing bitcoin. but also the factors that can affect the movement of bitcoin prices need to be learned so that when investing later we will benefit through bitcoin investment, and bitcoin that we have will be safe and can not be stolen by others.
full member
Activity: 409
Merit: 100
Bitcoin is a good investing in terms of crypto currency, bitcoin is volatile, but because of that, bitcoin is eye catcher to the investors. They choose to invest on bitcoin because they see how big and fast is the changes of bitcoin to the crypto currency world. The investors need to know first the market price before they invest on it.
newbie
Activity: 25
Merit: 0
The investor should fully aware the in and out of the market prior to the investment .Bitcoin is a new form of economy linked with the modern technology which is totally contrary to the current economical concepts we are following at present.. Make sure your posts are always "hot" to new readers. There will be better preparation before entering the virtual world. And fullness is also a warning to all.
newbie
Activity: 75
Merit: 0
The investor should fully aware the in and out of the market prior to the investment .Bitcoin is a new form of economy linked with the modern technology which is totally contrary to the current economical concepts we are following at present.Investing in bitcoin is good opportunity to grab but if have lack of knowledge about in investing in bitcoin it may cause to lose your money.
newbie
Activity: 26
Merit: 0
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. Well, you need to consider the price since that is how investment and profit means. If we will be talking about new crypto currencies, well this is the things you need to look at.
sr. member
Activity: 728
Merit: 254
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,  things you have mentioned are completely accurate.  In addition, I think everyone should understand the market well.  All successful person here in bitcoin understand the market very well,  they know when to trade,  when to sell,  and when to hold their bitcoin. That is their secret to success.  Also,  everyone should be a intuitive risk taker. Do not take risks when you shouldn't have to,  and the same way to opposite.
newbie
Activity: 25
Merit: 0
First things first, an investor must learn and understand the insides and outs of the system of bitcoin. Then the individual will need to be a patient type who would not expect bitcoin to make him rich the next day after investment. He must also be ready to do his due diligence in order not to be scammed.
full member
Activity: 462
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.



These tips are typical tips you get when you generally investment into practically anything. Pretty obvious, and to be honest, everyone can think of these solutions anytime. I guess the only ti I can add is that it is not for the faint of heart. Investing requires money you're prepared to lose, time, patience, and guts.
newbie
Activity: 126
Merit: 0
You have to know the coin you want to invest in and the team members involved
sr. member
Activity: 523
Merit: 285
first of all, before investing in bitcoin, you need to improve yourself in analysis of the possible consequences, which will take into account potential risks. Based on the results, experts recommend developing their own road map, which will clearly prescribe any steps related to bitcoin operations.
member
Activity: 308
Merit: 10
Things you should know before investing in bitcoin:
1. Do your research.
2. Be responsible.
3. Be realistic.
4. Be vigilant, borderline paranoid.
5. Track your gains and losses.
full member
Activity: 405
Merit: 105
I think there is no much thing to know before investing in bitcoin.First you should know that we have to buy bitcoin when the price of bitcoin decreases and should sell when the price goes up in other to make some gain out of it,that makes it a business.
Before you invest you must know how things work on it. You need to be informed everything about investment. It was good if you are going to research first to know the benefits and possibilities that may happen when you invest on it. Aside from that you must understand that bitcoin price was volatile which means that it has an ups and down.
sr. member
Activity: 490
Merit: 252
Well, firstly, if you are going to invest at your own peril and risk, you must understand that investing is worth only the amount that you are ready to lose without unnecessary emotions. besides, despite the prospects of current currency, it is worthwhile to understand that there are things that can not be influenced. for example, the prohibition of crypts in your country, the breaking of the exchanger, or you just lose the key to your wallet. so before investing carefully study all aspects: when it is better to acquire a cryptocurrency, what strategy to adhere to, where to store, and so on.
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