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Topic: Things you should know before investing in bitcoin - page 33. (Read 2721 times)

newbie
Activity: 104
Merit: 0
I am grateful for this information. I think the first thing we need to know first is whether the bitcoin is thorough. so we know that here there are risks, unstable, and others. then we will not be rash in making decisions.
sr. member
Activity: 1106
Merit: 250
Vave.com - Crypto Casino
Investment is always risky. But if you want to earn good amount profit you should go with invest. Because no pain no gain. You should no market condition. You should take calculated risk. Do not invest your all money.
full member
Activity: 350
Merit: 100
BITDEPOSITARY - Make ICO's , More Secure
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.
full member
Activity: 798
Merit: 121
Thanks for the information you drop it here regarding how to take  risk when you investing in crypto's, yes risk is always there in investing in in crypto's because we don't know the price movement of each coins. So if you planning to invest you must aware on this statement of the OP and just invest that you can afford to lose.
Being a high volatile of crypto's that's makes fast fluctuated either increasing or decreasing in the market.
Investing in bitcoin is very risky and unpredictable the price movement. You need  to learn about bitcoin works in the market. You need more details and information before you start to invest in bitcoin it is big help for you to not lose your money.
member
Activity: 196
Merit: 19
I would also like to tell a few words about BTC fees.
Transaction fees are not very high now. You can make a medium-speed transaction setting fee at 15-20 satoshis/byte and get it confirmed in 20-30 minutes. It gonna cost not more than $0.5
The whole thing is it wasn't like this in december, for example. It was the time when btc price had been rised and transactions were much more expensive and slower. You had to pay a few dolars and wait up to several days for a confirmation.
sr. member
Activity: 896
Merit: 272
OWNR - Store all crypto in one app.
First need to understand what exactly cryptocurrency is and how it works, how it is different from fiat money. The price variation is exactly like shares it varies from time to time so need to monitor the price as well so before entering into bitcoin little bit groundwork is required.
Before you enter in this kind if business you need knowledge how it works in the market and how to get high profit. You need to understand every single details and time to time to monitor the value of crypto. It's not easy to invest in bitcoin you need lot's of research and patient and be optimistic.
hero member
Activity: 949
Merit: 517
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.
member
Activity: 672
Merit: 14
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.


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.
newbie
Activity: 114
Merit: 0
What a great thread this is...

...reading all your advice, very helpful.

 thank you very much!  Smiley
jr. member
Activity: 118
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.


if you don't have money to invest in bitcoin you can still earn money from it by joining to signature campaign.Just follow the rules and guidelines of the campaign to avoid disqualification.
full member
Activity: 574
Merit: 101
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.
sr. member
Activity: 631
Merit: 253
Before you enter the world of cryptos, it is necessary to have a background before you shell out money. Study what make cryptocurrencies unique. Know the advantages and disadvantages; how to transact bitcoin and other cyptos.
You need to have a lot of knowledge about investing if you want to go in invesment. Investing in bitcoin is good investment but it is also risky because the price is not stable. In addition to that, I agree you must know what is the advantages and disadvantages of bitcoin before you invest.
Everyone who wants to invest in something must consider the risk and should know that you need to study about the structure of some project you want to enter. Even if risk is involve, you wont also succeed knowing nothing about what you've been doing, aside from that failure also is part of success, and you wont learn anything when you always win, because you wont know the value of success unless you taste the bitterness of failure.
full member
Activity: 362
Merit: 100
it is very good things before start investing in bitcoin, you always must to think and read only true information about bitcoin on official sites
jr. member
Activity: 83
Merit: 1
This information is very much helpful for us, thank you sir.
jr. member
Activity: 230
Merit: 1
I think the first thing to do is to read about the history of btc, if you know the history, we will understand how the cryptography currencies work. And also learning how to operate your wallet, study when to buy and sell and the coin market cap. That's the most important things
full member
Activity: 484
Merit: 124
Bitcoin is risky investment but it's also provide great profit just by HOLD or investing in long term !

You can check bitcoin value from year to year as it's value increase from time to time !

Greater Risk = Greater Profit = It's worth !
sr. member
Activity: 868
Merit: 257
Before you enter the world of cryptos, it is necessary to have a background before you shell out money. Study what make cryptocurrencies unique. Know the advantages and disadvantages; how to transact bitcoin and other cyptos.
You need to have a lot of knowledge about investing if you want to go in invesment. Investing in bitcoin is good investment but it is also risky because the price is not stable. In addition to that, I agree you must know what is the advantages and disadvantages of bitcoin before you invest.
newbie
Activity: 105
Merit: 0
One thing you have to remember. As with any market, nothing is for sure. Throughout its history, Bitcoin has generally increased in value at a very fast pace, followed by a slow, steady downfall until it stabilizes.
member
Activity: 383
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.


it is true that your opinions conveyed by knowing all the risks and shortcomings in investments with bitcoin make investors more careful and alert to anything that happens with the investment bitcoin
hero member
Activity: 1190
Merit: 500
It seems scary because bitcoin values keep changing every day.  But keep in mind there are only 21 million bitcoins in existence. It works just like the value of gold.
That's exactly what will make the bitcoin price skyrocket. when the amount of bitcoin supply does not increase at all while users continue to grow from year to year. that will make the price continue to climb up. but you should also know that bitcoin prices change very quickly due to volatility. so if you want to invest in the short term. then you have to be careful of the risk of loss
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