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Topic: Things you should know before investing in bitcoin - page 32. (Read 2721 times)

member
Activity: 359
Merit: 15
Yes this is ansolutely right, bitcoin investment is a pure risk you should think first before investing in any kind of currency and ico, should conduct an investigation first before investing, the important here is invest an amount what you can afford to lose.
jr. member
Activity: 192
Merit: 1
yes really, must have a more effective basics of knowledge in investing that is a huge help for you, because it is very difficult to join investing in bitcoin currencies, very difficult or risk and obstacles in intercourse. in bitcoin currencies is a great and great opportunity to achieve, if we have little knowledge about ways to invest bitcoin, it may cause you to lose money.
sr. member
Activity: 1330
Merit: 326
The most important things that you should know if you invest in  bitcoin. First, maybe this is the way to make your living for great you really can expect, but you should also to know that have a high probability to become your life more difficult situation in this world, one mistake here immediately effect your investment and your life.
  So if you investing money in bitcoin you need to be very careful and be wise in everything you do.
newbie
Activity: 29
Merit: 0
Most important aspect is volatility which you already mentioned. I think that one  should be taking care of this while deciding the investment amount and period.
newbie
Activity: 151
Merit: 0
Before buying or investing in bitcoins is mandatory to understand the risks first. Do not do it just follow the trend because many people talk about bitcoin without us knowing anything about bitcoin, it's not cool at all! Let us not invest without a clear purpose. Recognize the character of the investment, especially Bitcoin is a pure investment formed from supply and demand, so up and down the price is very drastic and every minute. Have a strong mental to deal with the graph, measurable planning, and most importantly a consistent action plan. Do not let your emotions overwhelm your actions
newbie
Activity: 308
Merit: 0
Only one thing: Trade with your own risk and own rich!
newbie
Activity: 86
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.
member
Activity: 476
Merit: 12
Your reminder is complete and meaningful to those who are and are about to invest in Bitcoin. 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.
member
Activity: 448
Merit: 10
I think having some basic digital market knowledge before investing in bitcoin makes your path easier.
Yes, having basic knowledge about in investing is a big help for you cause is not easy to join in investing in bitcoin it's so hard it's lot's of risk and challenge. 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.

Aside from the basic knowledge, it's the attitude as well is best needed before investing in bitcoin, you should be ready as always not just financially but emotionally as well because sometimes hard situition may come and that you need to handle it properly instead of giving up, in short you should be willing to take a risk.
full member
Activity: 688
Merit: 106
I think having some basic digital market knowledge before investing in bitcoin makes your path easier.
Yes, having basic knowledge about in investing is a big help for you cause is not easy to join in investing in bitcoin it's so hard it's lot's of risk and challenge. 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.
full member
Activity: 361
Merit: 100
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.The originator intends to provide a powerful currency for the spending to the public world wide.Bitcoin is a decentralized one so there is not any controlling authority over it and this can be operated with out any banking interference, maintains the anonymity means the buyer and seller only knows about the deal.Its all transactions are recorded in an electronic ledger with block chain technology.Due to the above features more people are attracted to bitcoin world wide..
full member
Activity: 364
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.


Bitcoin has been around for almost a decade now and have gone through numerous controversies in its existence. Many praised it and some mocked it for countless of times. The facts stated above are basic facts which are already known by many of us. But this is good for the new comers as a guide and also to remind us, who have been in this system for quite some time now, about the basics that we usually neglect. Fact is, Bitcoin is indeed of high risk. But it is also a high potential for profit.
legendary
Activity: 1120
Merit: 1000
That are some good advice to learn first before we have to invest in crypto, many people also learn from their mistakes or suffer more lose before gain big profit, just also be wise as always here in crypto because bitcoin is always not a good profit and easy money, you need to work hard for it.
Before investing on bitcoin, you need to know about it, study its basics, to know its advantages, disadvantages, its market, the process. And be patient on waiting, because bitcoin is volatile, its price is changing from time to time and you dont know when will the price rise and down. But knowing that all does not guaranteed that you succeed, this just help you to be a wise investor.
That is right, it is very must important that we much have good knowledge about bitcoin investment, we also need to get some trading experience before investing a big amount of money, because, because trading is not as such an easy job as people are taking it.
newbie
Activity: 252
Merit: 0
I think first you have to khow about cryptocurrency coin.
full member
Activity: 245
Merit: 100
WWW.BLOCKCHAIN021.COM
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.


Stable job is one of a person need, jobs help people to gain money, to improve theirselves and to soar their passion. For me, the things you should know before investing to bitcoin are: first, you must be literate about investing and about bitcoin, you must be strong hearted and to be risk taker in doing a investment.
full member
Activity: 1218
Merit: 105
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 are some of the good tips for people who want to invest in Bitcoin. If they really want to invest in Bitcoin, they must consider the risks that they want to take. They also need to gather sufficient knowledge on what Bitcoin is. They must ask some people who has experience in investing in Bitcoin. Gathering knowledge and experience of other people will help you reach your goals and overcome the risks.

But even with this kind of precautions and "things to know" before investing in crypto currencies there are still some people who ignores it and directly jump on investing without knowing the risk of what they are doing. I think those people that invest without knowing what they are doing are fueled by greed to profit a lot of money and make a lot of folds from their investments. And majority of the time these people end up frustrated and a lose lot of percentage from their investment because of greed and they are the main targets of the FUD spreaders. Cool
newbie
Activity: 26
Merit: 0
Before you invest in bitcoin, you should first know that you are not here to get rich in a single day. People get disappointed a lot because when they hear of bitcoin investment, they just think it is a sure jackpot where you are going to make millions in a single day and if this does not come true, they get disappointed and make decisions like selling at lower prices.
sr. member
Activity: 552
Merit: 250
Yes this is right bitcoin investment was high risk and people didn't know this and they invest and invest without knowledge in cryptocurrency so in additional to know more about bitcoinninvestment was try to research and find more blogs social media for your additional knowledge on how to join in investment and to avoid scammers.
full member
Activity: 348
Merit: 100
Bitcoin is a major crypto currency which is found more powerful in the market. The investor should fully aware the in and out of the object prior to the investment.This is a new form of economical concepts which are totally linked with the modern technology mean time it is contrary to the current economical system.The originators has introduced it in the market has ensured its security and the credibility by incorporating its valuable features such as decentralized one,anonymity, electronic ledgers with the block chain technology.These attractive factors are the notable features of bitcoin to become more popular one in the market.
full member
Activity: 1096
Merit: 167
Your ideas is good and Summarize all the risk of bitcoin investment people should know all those info befor investing
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