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Topic: Things you should know before investing in bitcoin - page 27. (Read 2721 times)

member
Activity: 210
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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 I strongly agree with your opinion. Bitcoin has a fluctuating nature of erratic prices of graphic movement also sometimes have ups and downs. This makes Bitcoin very risky for people who want to invest in a variety of nominal
jr. member
Activity: 350
Merit: 2
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.



you should know what to do with investing you should know well whether you are doing well or not so you need enough knowledge before you do that thing so you have to have a smart mind
newbie
Activity: 196
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Before you enter the world of cryptocurrancy you need to have a background before you spend any money. Learn what makes cryptocurrency unique. Know the advantages and disadvantages; how to transact Bitcoin and other cyptocurrancy. What to know before investing in Bitcoin. First you must kmow that we should buy Bitcioin when the Bitcoin price decreases and must sell it with good profit.
sr. member
Activity: 658
Merit: 268
bullsvsbears.io
Smiley ;)good luck Wink

In my own opinion before you invest in bitcoin is that you should know anything about it from what is a bitcoin to how risky it is to invest in bitcoin and how do bitcoin work. You should know that bitcoin is volatile like any other crypto so expect the dropping and raising of price. You should always check the technology if it is secure enough to do some trading.
Before investing in bitcoin you must underatand everything about it so that you wont regret anything. You must know how it works and understand that it was risky at some point. You must be open to any possibility and make sure that you can accept it, becauae not all the time was your 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.
full member
Activity: 364
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before investing in bitcoin it would be better to learn about investing in crypto and you should know that investing in crypto has a high risk and you should know when is the right time to start
sr. member
Activity: 1358
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yes you are right you should know the risks and how to get profit from it before you invest in bitcoin, because investment without knowledge seems to be very horrible, you have to know also what makes bitcoin price move up and down.
jr. member
Activity: 106
Merit: 1
Smiley ;)good luck Wink

In my own opinion before you invest in bitcoin is that you should know anything about it from what is a bitcoin to how risky it is to invest in bitcoin and how do bitcoin work. You should know that bitcoin is volatile like any other crypto so expect the dropping and raising of price. You should always check the technology if it is secure enough to do some trading.
If you're a risk-tolerant Bitcoin believer, today's prices are probably enticing. If you're a more conservative skeptic, you will likely steer clear of an asset class that looks as if it is in a speculative bubble. But either way, you only need to make two basic assumptions to come up with your own fair market value for Bitcoin: its future monetary base, and your risk-adjusted rate of return. Good luck!
member
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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: 854
Merit: 100
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: 47
Merit: 0
Also, you must be technologically minded to trade and understand bitcoin exchanges. Otherwise find an easy way to invest like buying them at an ATM machine

Before investing in bitcoin it is really important to understand how bitcoin works before investing any money. As we know that bitcoin is really risky so we should be responsible enough in doing the investment know whether it is a scam or legit investment you can do some research about that investment. Also if you invest your private keys should be remain private and not shared and used a wallet if you want to be secure.
member
Activity: 231
Merit: 10
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 important thing you should know before investing in bitcoin, know that bitcoin is unpredictable and be ready to control your emotions every time a big dip is happening.
newbie
Activity: 87
Merit: 0
before you invest, there are a few things you should pay attention to. That is the authenticity of the investment, the legal basis used by the investment, the existing team within the investment organization, and so forth. In investing should be considered really so as not to happen things that are not desirable.

Before we invest Bitcoin we should know first the people who is he before  you obey especially money. We try to ask first about that investor if it is not fake so that the time will come we cannot fell regrets.  
newbie
Activity: 126
Merit: 0
before prevering first bitcoin we should important the following following
people need to know thoroughly about Bitcoin, the virtual currency market and absolutely do not participate in trading platforms, investing in Bitcoin online or hearing good words from Bitcoin. unknown people
full member
Activity: 476
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.


Before investing in bitcoin you should know first what is bitcoin and how to do transactions with bitcoin. One important thing is on how to trade bitcoins and other cypto coins for you to really earn. Bitcoin at first based on my first known is very hard because of its wallet I felt hard for what and how it is to do but later as I have studied about it it is so easy and is not so hard to earn.
newbie
Activity: 95
Merit: 0
Smiley ;)good luck Wink

In my own opinion before you invest in bitcoin is that you should know anything about it from what is a bitcoin to how risky it is to invest in bitcoin and how do bitcoin work. You should know that bitcoin is volatile like any other crypto so expect the dropping and raising of price. You should always check the technology if it is secure enough to do some trading.
newbie
Activity: 101
Merit: 0
Also, you must be technologically minded to trade and understand bitcoin exchanges. Otherwise find an easy way to invest like buying them at an ATM machine
newbie
Activity: 490
Merit: 0
The main think to invest before bitcoin is to know about it,people should know about it fast of all and should know how to invest in bitcoin ,and investor should analyses on it daily.
newbie
Activity: 110
Merit: 0
If you decide to buy bitcoin, you must understand that why should you invest in Bitcoin? Bitcoin is one of those digital currencies that are extremely safe to trade. The kind of technology used in bitcoin trading is very safe and secure. No matter which part of the globe you move to, you can easily trade bitcoins with no difficulty.
newbie
Activity: 2
Merit: 0
 Smiley ;)good luck Wink
sr. member
Activity: 817
Merit: 250
Before investing into something, make sure you know the risk involved because you might be having high hopes for that investment but you don't know the nature of it. Bitcoin has high risks but due to the possibility that you will earn higher from it in a short period of time compared to other investment vehicles, it is a lucrative investment and many are getting interested to invest in it. Making sure that you understand how bitcoin works or at least gain value is important so that you will know in what events there is a possibility that you would want to pull it out to avoid losses.
the risks to investing bitcoin are very high, which is why some countries are banning bitcoin regulations in their countries. if we see a proof of risk from bitcoin is the end of last year, where bitcoin prices rose high and dropped dramatically in the early months of last year. this should be noted and understood for people who want to invest bitcoin.
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