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Topic: Things you should know before investing in bitcoin - page 40. (Read 2721 times)

newbie
Activity: 57
Merit: 0
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.
newbie
Activity: 154
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.



Thanks for sharing. Very well said. This is a great help for me as a newbie in cryptocurrency world. Basically, I know how risky to invest in Bitcoin, but if you are willing to take the risk then be ready also to lose what have you invested. Of course, patience and positivity are the key. Everything will change and some day it would be on the side of the Bitcoin holders.
full member
Activity: 392
Merit: 105
I personally am not in favor of promoting bitcoin as an investment. Every time I've talked with my friends about the importance of bitcoin, I've done it with the purpose of expanding their ideas about the future of money, and how we can integrate into modernity through its use. But for those who still see cryptocurrencies as an investment instrument, they should look closely at what has happened in the market recently before risking their money.
sr. member
Activity: 1498
Merit: 374
Leading Crypto Sports Betting & Casino Platform
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. For further information about bitcoin, you can check this link:

https://marketrealist.com/2017/11/breaking-down-bitcoin-and-cryptocurrencies-key-characteristics

A very informative site indeed.
Of course if we are planning to get involved or to create a form of investment with the used of Bitcoin it is necessary for us to first set a good way for us to learn the system of Bitcoin. The reason is , there is always a risk in all types of investment and for us to lessen the risk we would need to abound it by know the right decision we could do as part of earning and having the time to used Bitcoin.
legendary
Activity: 2366
Merit: 1206
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.
member
Activity: 182
Merit: 12
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.
sr. member
Activity: 1624
Merit: 315
Leading Crypto Sports Betting & Casino Platform
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 you are going to invest in bitcoin, you must have studied what cryptocurrencies are, pros and cons of each cryptocurrency, you have calculated the risk that you might take, and accept the fate that you might lose here. Investing is making yourself comfortable to that currency and wait for it to become big. But there are chances that the thing where you invest will not be successful. With this, you might feel burnout or anything. You should be ready for these kinds of scenarios. Study it well, before going to invest in a particular cryptocurrency.
full member
Activity: 392
Merit: 106
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.
newbie
Activity: 112
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.

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