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Topic: Things you should know before investing in bitcoin - page 20. (Read 2722 times)

newbie
Activity: 266
Merit: 0
That are some a word of wisdom to learn first before we need to put resources into crypto, numerous individuals likewise gain from their oversights or endure more lose before increase enormous benefit, just additionally be insightful as constantly here in crypto on the grounds that bitcoin is dependably not a decent benefit and income sans work, you have to buckle down for it.
member
Activity: 224
Merit: 10
It is also advisable not to listen to fake news if you cannot contain the shock it might bring which will lead to panic sell. It is good to consult an expert for further information and clarification of all doubts before you start investing.
full member
Activity: 350
Merit: 103
Very informative piece. One thing that is also necessary is to know very well what you are investing into. You cannot throw your seed unto any soil, you must first check for fertility and other soil profile. The same principle applies with cryptocurrency investment. You must know what the project is about and how feasible it is in our society and the cryptocurrency industry. You must also learn to diversify your portfolio in other to cater for losses that may arise from one investment.
legendary
Activity: 1092
Merit: 1001
All the people who put money on bitcoin need to understand that they are not going to be super millionaires just overnight, because it is impossible and it will never happen
full member
Activity: 231
Merit: 100
first and foremost, you must understand the extent of the risks of such investments and analyze the amount of profit.
full member
Activity: 406
Merit: 117
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 things you should identify before you invest. The profits that you can gain is unpredictable because of the unstable value. You should always monitor the crypto market value because the amount moves fast you should keep your eyes if the markets turn into red or green signal. Know how much the volatile of the world of crypto. Study the historic market value this will you guide. Learn from your mistakes. Last is Never stop learning new things.
jr. member
Activity: 196
Merit: 1
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.




But for those mapping out their retirement plans, would you suggest bitcoin as a viable investment to help people's money last longer? I'd like to explore as much financial options as I can.
member
Activity: 392
Merit: 10
The most important thing to invest in BTC is to understand what is BTC and what is a blockchain!
Bitcoin and other virtual currencies are temporarily not regulated by any government agencies in most countries. The risk is relatively high. If you want to join the rank of bitcoin investment, you must carefully evaluate the risks!
sr. member
Activity: 462
Merit: 250
DONATION SENPAI PLEASE <3 <3
You are so right!. This is really great guidelines for those who are new in cryptocurrency and investing with bitcoin. There are rules that you need to do so that you won't lose any money or getting debt. Many people who are new in this forum or cryptocurrency world are asking if it is worth to sell their house to invest with bitcoin, which is really dumb to think of why you would do that. Before going to investing you should always think that no one will answer you if you lose all your money and having a house is also an investment. Investing with spare money is the best way to invest with bitcoin.
jr. member
Activity: 228
Merit: 1
yes you should be better before you invest better you know what makes bitcoin prices rise so you can know the right time to buy or invest in bitcoin and sell bitcoin because if you do not have that knowledge it seems you will be hard to get a profit.
Indeed before investing it would be better to have knowledge in the field of bitcoin as this will help and provide your ease to make these investments,so as to be able to minimize losses.
newbie
Activity: 20
Merit: 0
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.

Yes, you should know first when to buy bitcoin and when to sell, when price goes down, you can then buy it and hold it until the price will rise.
full member
Activity: 476
Merit: 100
yes you should be better before you invest better you know what makes bitcoin prices rise so you can know the right time to buy or invest in bitcoin and sell bitcoin because if you do not have that knowledge it seems you will be hard to get a profit.
full member
Activity: 546
Merit: 100
MenaPay - Crypto made easier than cash
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.


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.
jr. member
Activity: 266
Merit: 1
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.
newbie
Activity: 183
Merit: 0
Yes I totally agree with you. We should have a main job to earn money and just see Bitcoin is a investment. Jusst 5-10% asset to invest in it. Do not get into debt to buy cryptocurrencies because someday you will have no money in hand.

newbie
Activity: 27
Merit: 0
Thinking of investing in Bitcoin?

This post will outline some things you NEED to know before you buy.

We’re going to explain:

The basics of investing in bitcoin
Why it needs to be taken seriously
How to buy bitcoins (with credit card or bank account)
How to protect and properly secure your bitcoins if you do decide to invest
member
Activity: 168
Merit: 12
True, the main thing is we need to know that investing bitcoin has a huge risk and can lose our capital in a short time. Moreover, bitcoin is difficult to predict increase and decrease in value, sometimes we see in a few minutes or hours of bitcoin can go down quickly. Then things to note in investing bitcoin is patience and do not panic with bitcoin conditions in the market (whatever the condition).
full member
Activity: 237
Merit: 100
We have to learn what cryptocurrency, the pros, and cons of each cryptocurrency, should be prepared to accept the fate we may lose here. Maybe Investment makes you feel comfortable with the currency and waiting to grow. But there is a possibility that the thing we invest will not work. With this, we may feel tired or whatever. We must be prepared for this kind of scenario. Learn it well: use a site that is safe to navigate and also use only reliable tools like your mobile phone, your computer and wireless network in your home. Never use a public network.
newbie
Activity: 97
Merit: 0
In my opinion, if someone really want to invest in bitcoin then first things to do is learning and understand about it's market. After that invest in bitcoin could be successful but everyone should remember that every business is risky.
newbie
Activity: 75
Merit: 0
Maybe if everyone is going to invest in bitcoin much they should know before investing in bitcoin because they have to take all the risk after they invest in bitcoin 1. If the bitcoin price they have to accept it 2. Before investing in bitcoin you must first know the dark side bitcoin 3.You have to take advantage of all risks after you invest in bitcoin
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