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Topic: Things you should know before investing in bitcoin - page 23. (Read 2740 times)

newbie
Activity: 45
Merit: 0
i think everything about bitcoin should be understood first including the market trend which  should be properly observed and analyze it's movement. Once you had fully understood and familiarize the market trend, you should only invest money which you think you can afford to loose it wherein this cannot affect your savings.Consider that bitcoin is very volatile in nature and may fluctuate from time to time which is beyond one's control and You need to know the market information of it at present. And of course, you have to be mentally prepared because the price of bitcoin is always changing.
full member
Activity: 518
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.


I think one of the most important thing you should know before investing is that you are going to stake a large amount of money here without an assurance of getting it higher or lower so you should think about it carefully before entering. Though that's the thing, you should still give it a try and see if you will really benefit from investing here.
The most important you should know before you invest in crypto is you need to take the risk on it, you should know how risky the crypto is so you are not surprised what ever may happen. You need to be careful everytime you invest .know when is the right time to buy.
newbie
Activity: 147
Merit: 0
Before you invest, you have to learn what is cryptocurrency, the pros and cons of each cryptocurrency. you already know the risk if in case of a decrease from your original investing you take and accept the fate that you may lose here if you want to sell it for fear.
I suggest you do not sell it at any time if it decreased very much at once and still be wise in managing your finances in investing.
full member
Activity: 377
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 one of the most important thing you should know before investing is that you are going to stake a large amount of money here without an assurance of getting it higher or lower so you should think about it carefully before entering. Though that's the thing, you should still give it a try and see if you will really benefit from investing here.
newbie
Activity: 192
Merit: 0
This is simple if you want to invest bitcoin, you just find out about bitcoin on the internet or you find out about bitcoin in bitcoin forum (bitcointalk.org). There is a lot about bitcoin and you can ask bitcoin how to invest well and correctly.  Smiley
newbie
Activity: 14
Merit: 0
If you need my recommendation, I can say you that you need to study about Cryptics. Cryptics is a blockchain-based cryptocurrency exchange rate aggregator fully reliant on neural networks and AI for building market predictions based on real-time data. The system was developed by PhD in mathematics and computer science, as well as former employees of Intel, Alcatel, Nokia, NEC, SAP, Wings with an average professional experience of 9.4 years. That allows Cryptics to make trustworthy predictions with 70% accuracy. The future has come! If you want to know more - https://youtu.be/52RacK8L4GI
member
Activity: 344
Merit: 11
I think at the moment it is not a good time to invest in new people because it is so chaotic that even new entrants enter the maze. What you say is just psychological trauma. I think so
full member
Activity: 358
Merit: 108
Another important thing to know is how to keep your investment safe both on exchanges, online wallets and hardware wallets. Never share your password or seed with anyone under any circumstance. 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.
newbie
Activity: 22
Merit: 1
You should know that it is really volatile. So you should invest in the long term and not get stressed if you see yourself losing money.
newbie
Activity: 101
Merit: 0
Bitcoin is global and not affected by any single country’s financial situation or stability. Global chaos is generally seen as beneficial to Bitcoin’s price since Bitcoin is apolitical and sits outside the control or influence of any particulate government. This is the highlight point you should remember.
newbie
Activity: 42
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.


I think,First you need to do your own research and follow the relevant news channels available and bibliography.
Second Never invest more than you can afford to lose.
Third Never store your coins on a cryptocurrency exchange unless you plan to use the specific amount for day trading.
Fourth Make sure your mind is in the right place so that you’re not scared with the volatility of the market.
full member
Activity: 462
Merit: 100
There are no complex things to know before investing in bitcoin.First you should kmow that we have to buy bitcioin when the price of bitcoin decreases and should sell them at a good profit.These things are enough before investing in bitcoin.
        In investing  you need to know the things that involves investing like the risks  you could encounter while in the process.  Like when you lose the money you invested what will you do you need to have a back up plan so you wouldn't be regretting everything till the end   
full member
Activity: 1470
Merit: 148
Only people who don't know more about bitcoin and crypto currency that invest at a wrong time and probably may lose their investment as a result of their ignorance. Although we all should have at the back of our mind that not all the investment turned out with positive result.
newbie
Activity: 7
Merit: 0
You should read as offend as you can about Bitcoin as a digital and global money system currency. It allows people to send or receive money across the internet, even to someone they don't know or don't trust. Money can be exchanged without being linked to a real identity. The mathematical field of cryptography is the basis for Bitcoin's security. So you know how to work with bitcoin  and not to be wasted the time you spending and your investment.
full member
Activity: 644
Merit: 127
★Bitvest.io★ Play Plinko or Invest!
There are no complex things to know before investing in bitcoin.First you should kmow that we have to buy bitcioin when the price of bitcoin decreases and should sell them at a good profit.These things are enough before investing in bitcoin.

Well if you are not really aware what Bitcoin,  well then be inform by having some research regarding what Bitcoin really is and I thibk ready pinned thread here is essntial for a beginner to know how does this forum works and you will be informed how does undesirable happenings will eventually be a good thing for you. Of course you must have to knowhow does investments go.
newbie
Activity: 126
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 entering this kind of thing, you should study and make some research in crypto. You will lose eventually when you take a risk of investing it without knowing about it first. As of now the cryptocurrency is kicking the market and cupture the eye of big investor and there is a big future in crypto.
member
Activity: 322
Merit: 10


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".

Yeah you are correct. Do not invest to a big amount of money if you can't afford to loss. Knowledge in this technology is the most important as you will not get panic once the market goes correction and you can anticipate to divert some funds before it will get worse. Learn to diversify your funds to minimize the risk in every investment.
sr. member
Activity: 562
Merit: 250
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.
I agree in your opinion before you joining in this kind of investment you need first to check the background if it's legit or scam and make a research to know more how risk and challenges. Make some research and study to enhance your knowledge about in cryptocurrency it helps you a lot when  you do this.

newbie
Activity: 112
Merit: 0
Only thing to consider is are you ready to lose your investment. Crypto is really unpredictable
newbie
Activity: 224
Merit: 0
Things you should know before investing in Bitcoin is the crypto that where you invest is legit and not a scam.Look also if this crypto is use by many people.
Also once you invest in crypto you have a lot of knowledge how Bitcoin works.
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