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Topic: Things you should know before investing in bitcoin - page 37. (Read 2740 times)

hero member
Activity: 3052
Merit: 651
This should be read by those FUDers that have lost money due to a high volatility.
Entering something risky without even knowing the background. Such a foolish way to invest your money. One thing I know, they dont really know how to manage their money.
If you do then you wont be jumping into fire without knowing it can burn you.
hero member
Activity: 2324
Merit: 562
DGbet.fun - Crypto Sportsbook
I like one of your point ,Do not get into debt to buy cryptocurrencies.I had do this a month ago,when the price of bitcoin reaches 9800$.I had got 600$ profit,but I had failed to sell for more expectation.Now the price of bitcoin reduced to 8100$,So I won't get that 600$ profit.Now I had decided to hold the bitcoin.But the think is ,I had have to pay some money for the failure of repaying the debt.
member
Activity: 476
Merit: 12
Getting all the information needed to pilot you especially during the time of storm is important. The investors that do not have the right information before investing are always control by any wrong information.
sr. member
Activity: 1932
Merit: 442
Eloncoin.org - Mars, here we come!
Before investing in bitcoin, you should know how much it is currently priced, compared to yesterday, it increases or decreases and predicts how much they are and how much the price fluctuates, and You also need a separate wallet to store them
Indeed. Before investing you should know and predict the price whether it will rise or it will fall. Bitcoin is very volatile every minute the price changes, we can't predict when will it go up and go down. Another thing and another tip before investing is, you should know that in bitcoin you'll not earn everyday, sometimes you'll earn, and sometimes you'll not. And also you'll lose money too, but remember that you shouldn't give up, learn from your mistakes, the best teacher is experience.
full member
Activity: 323
Merit: 100
The only thing that you should know before investing is to know how it works because it helps you a lot when you already doing it. You should also know how to deal to other people and who you should trust. Investing is a serious decision that if you won't think it twice or trice then you had a chance to lose your money.
newbie
Activity: 140
Merit: 0
I think having some basic digital market knowledge before investing in bitcoin makes your path easier.
Before you start to invest in bitcoin make sure you have knowledge in investing and trading cause this is your key to success. Entering in business world especially in investing in bitcoin they have lots of risk but if you have knowledge it makes easy to pass all the challenges you faced off.


Agreed. Infact not all investment earned profits, but it can be avoided if you are knowledgable enough the business you have entered. Study the pros and cons of Bitcoin the benifits and its usage. Think it many times before you invest don't be too rush, so that nothing to be regret after all. Just give a try, invest a little amount.
newbie
Activity: 154
Merit: 0
I would like to react about invest what you can afford to lose.
I like that line. Not hypocritical but practical. I think the " invest what you can to afford to lose" is the motto of pro investors as they learn from their old mistakes. Probably it is always applicable every time dealing with investing.
member
Activity: 322
Merit: 12
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. Always buy bitcoin during bear market where price value is low.
newbie
Activity: 98
Merit: 0
You should know how the market is going on and be active in the price of your chosen coins or tokens,and also make a research about their project im sure its really helps to you to know when you need to buy or sell their tokens,and for you ,make time to learn about reading graph its really helps to you.

Since investing in cryptocurrencies is a high risk, we should be always check and study the negative and positive side of the said coin. We all know that Bitcoin is volatile but it can give a potential profits and the benifits to be convenient or ease to use with this, invest in Bitcoin a little part of your savings and when you found out that it really gives potential profits then invest more. But be always aware and be vigilant with your investment and be always updated the latest happening of the said crypto.
member
Activity: 476
Merit: 10
Student Coin
You should know how the market is going on and be active in the price of your chosen coins or tokens,and also make a research about their project im sure its really helps to you to know when you need to buy or sell their tokens,and for you ,make time to learn about reading graph its really helps to you.
sr. member
Activity: 2030
Merit: 269
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.



Indeed, many people are losing and become depressed because of not following these guidelines, they are tempted because of the story of the early investors who made history when they become millionaires for a small sum of investment and many wants to duplicate their success
member
Activity: 392
Merit: 10
0x860FA3F15AcDFC7c7B379085EaC466645285237d
Yes that's right before you invest in Bitcoin or any cryptocurrency. First you must study well what is crypto all about, how crypto helps people and the community. And when it comes in investment, always think that there always be a risk because Bitcoin and any other coin/s are volatile, their price sometimes goes up and down.
member
Activity: 359
Merit: 15
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.


Thank you for this kind of information. This will help us lot to understand how security and a safe investement is importand in releasing money. Doing some safety measure in investing is important.
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
Things you should know before investing in bitcoin

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
Most exchanges now place a kind of regulation and that is the excess of the KYC. Let's just hope this to a great extent will bring sanity to the industry.


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".
This is also the same level of warning that Forex Trading sites and platforms issue to noobs or anyone perusing their sites. Quite alright crypto is volatile but it isn't as difficult as trading cryptocurrency as it is trading Forex.
full member
Activity: 381
Merit: 100
PRiVCY
Your presentation are quite good especially for Newbies in the Forum. It is also pertinent to state clearly that the trend of the Market at the period of investment should be actually watched. Are you at the Bullish or Bearish periods? The period of boom/pump where extra cautiousness must be applied in buying of coins that are mostly affected, or in the period of Dip/Dump where it is very appropriate to buy more the coins involved at this lower rate in anticipation of the next pump, after you must have truly understand the coins in question historic chat and its volatility to reasonable extent.
member
Activity: 461
Merit: 17
🔰FERRUM NETWORK🔰
thank you for the information you provide, yes indeed every investment has risks and investment in the world of crypto is also the same, everyone must understand and ready to take risks if want to invest in crypto world do not just think of its profit alone, but do not know what the risk will be in can.
newbie
Activity: 71
Merit: 0
For me the things we should know before investing in bitcoin, first we should know what is Bitcoin and ask yourself why should you invest in Bitcoin, what is your goal. Second know the price of Bitcoin. Third where you should buy bitcoins. Fourth when should you buy bitcoins. Last where you store your bitcoins.
copper member
Activity: 2324
Merit: 2142
Slots Enthusiast & Expert
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.

There's no rule in investment, you invest based on your knowledge about those assets. Before you invest in bitcoin or other coins, you must study first about blockchain technology, consensus mechanism, etc. after that then you invest. If you really believe in digital assets then you can even go all in. But, as always, it's your own decision and your own investment. No one should be blamed except yourself if something goes wrong Smiley
newbie
Activity: 238
Merit: 0
The stock market is really a very large market. There's so much you need to learn. The crypto stock market is getting bigger every day.
We need to follow the market on a daily basis. Take good care of the terms. Note the graph reading.
You need to start somewhere. You get used to it in the future.
full member
Activity: 364
Merit: 100
PlayGame.com
for me before you try investing in bitcoin or anything else that involved in bitcoin I think I will suggest you to learn about it first because if you join without know about that  program I think you will confused, you will don't know about the risk about your project and anything else, so before you do something do some research about it especially in bitcoin
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