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Topic: Things you should know before investing in bitcoin - page 8. (Read 2691 times)

newbie
Activity: 37
Merit: 0
Just a tip,never ever invest in something you don't understand.Research...Research and Research.Invest only you can afford to lose.
jr. member
Activity: 52
Merit: 1
There are no think about investing in bitcoin but it is use you know about it. its background also before investment in bitcoin you learn about it deeply and know about kryptoword and kruptocurrency. when you invest here bitcoin decrease and also get profit to increse bitcoin.
newbie
Activity: 139
Merit: 0
Actually there is no such perfection or study is needed you just have to know about basic things like current price of Bitcoin then you can compare many websites provides charts where we can see a previous years chart of that coin just compare it use your knowledge and wait for the right time when price drops just buy it.
member
Activity: 259
Merit: 76
While US policy has focused on isolation from the outside world, Bitcoin continues its successful procession in the crypto-currency market as the main digital currency and already claims to be an alternative to the dollar as the main international currency. However, it is not stable now
Very important thing is know first the history of btc. Second you need to know the basic information about btc, read some articles before investing in bitcoin. And also you need to understand that the price of btc is unstable and unpredictable. Read some information about btc and know how it works.
newbie
Activity: 23
Merit: 0
this market is volatile and high risk.before enter this market you should have knowledge about there risk.anything can happen anytime.no one can control it.everything in your hands,so that be get educated in before enter the market.it will really help you.
sr. member
Activity: 560
Merit: 250
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.


Well all the things you said is really true that's why for all the newbie here in cryptoworld i am also advicing you that before you invest you should wait until the price of bitcoin will became low and to became profitable all the holders should keep there bitcoin for long term.

If you want to be profitable you should play and invest Bitcoin in the previous 10 years to see cheaper Bitcoin prices and keep it up this year. it will make a huge profit for you.
member
Activity: 949
Merit: 48
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.


Well all the things you said is really true that's why for all the newbie here in cryptoworld i am also advicing you that before you invest you should wait until the price of bitcoin will became low and to became profitable all the holders should keep there bitcoin for long term.
Crypto feild is really risky so I suggest that before we invest we must know first what is really the most important here, I believe that everything in crypto feild really spends on our patience, loss are because of some people who didn't have enoughf patience and they maybe doing some bad moves regarding to buy and selling during this down market. I believe that lacking of patience is really a big reason why people loss in crypto.
sr. member
Activity: 896
Merit: 268
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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.


Well all the things you said is really true that's why for all the newbie here in cryptoworld i am also advicing you that before you invest you should wait until the price of bitcoin will became low and to became profitable all the holders should keep there bitcoin for long term.
member
Activity: 226
Merit: 26
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 very popular here to say that 'Invest only the one you can lose'. This is because if your investment went downhill, you will need a lot of time before it can really recover.  Most people sell it fast when they see the prices are dropping below their capital to cut th losses. It's harf to predict exactly the price range so never borrow money for it or getting in debt.
member
Activity: 392
Merit: 11
I think getting a fair education in terms of cryptocurrencies is a must before jumping into investing in this high risk, extremely volatile financial instrument. Today in the cryptosphere many jump into this field because of FOMO and greed! Many invest large amounts of money without having any knowledge of what Bitcoin and other cryptos are all about and eventually lose all of their wealth! This is pretty bad, do your research, learn, ask questions before investing in these things.
newbie
Activity: 320
Merit: 0
While US policy has focused on isolation from the outside world, Bitcoin continues its successful procession in the crypto-currency market as the main digital currency and already claims to be an alternative to the dollar as the main international currency. However, it is not stable now
At this point, he is not exactly claiming to replace the dollar, I doubt that this can happen at all. Rather, the US will invent its own cryptocurrency.
member
Activity: 938
Merit: 14
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Bitcoin and its Blockchain is one whole subject everyone must take serious and study well before deciding to invest in it. The market is designed in such a way to favour the investor in all its weather, whether bear or bull market. During the bear market when prices are down, it is a great opportunity for investors to buy more Bitcoin and hold for the next bull market in order to make good profit.
newbie
Activity: 91
Merit: 0
The most crucial part of investing on bitcoin is you have to be knowledgeable about how the crypto works, how is the market going, is it willing to take the risk, are you patient enough, you have to know what will your strategy be in order for you to avoid having so much loss instead of gain
member
Activity: 952
Merit: 41
I think to add to what you have stated above is to be security conscious because in bitcoin investment the security of your found or investment depend heavily on your ability to meet up with the required security needed to protect your investment from intruders, and one of such ways is to keep you security key very safe and secured.
sr. member
Activity: 518
Merit: 250
Before investing in bitcoin make sure that the value of bitcoin is low and affordsble, and always think that bitcoin will help you and give you more esrnings, and also dont doubt when investing in bitcoin, because bitcoin is the best cryptocurrency that ever existed, you shall noy doubt if you invest, and always support bitcoin. Make sure that you are far from the scammers and you know what is bitcoin, you know how to invest and make sute that the details and every single knowledge about the investing cite, or conpany is legit and no illegitimate record.
hero member
Activity: 628
Merit: 500
I am totally agreed with your posts.Newbie should read his article before investing in crypto currency.Its a volatile it doesn't mean it will rise forever it has to decrease.The main thing which we need to know is "when to buy" and "when to sell". Now days newbie invest there money without any knowledge and experience when the price decrease they become panic and sell there coins
full member
Activity: 532
Merit: 106
Yes and of course you should know the risk of investing in bitcoin. Should be careful and of course buy at a cheap price, Because of this you will earn more profit immediately.
You should be updated with all the bitcoin news so you know what it can fall and increase.

It's good to be prepared for no trouble to get into investing in bitcoin.
newbie
Activity: 126
Merit: 0
Investment comes with risks hence its natural risky but you can minimize the risk of you find out more about the kind of investment you want to indulge in and consulting in experts, I think you will be through. No fear when it comes to investing in crypto.
sr. member
Activity: 618
Merit: 250
Knowing about the history is very important, who invented it and for what reasons. Knowledge, attitude, and awareness are important factors to consider to become a successful investor.
things that we should know before investing in bitcoin first study the flow of bitcoin second make an research what bitcoin is for us to understand and to have an idea in bitcoin third do an necessarily things to ask to other people who already invest in bitcoin for us not to experience scam and last but the the list give yourself time to read about bitcoin it will help you to decide.  investing in bitcpin is a big help us we can earn a lot of income by doing bitcoin.
newbie
Activity: 70
Merit: 0
Knowing about the history is very important, who invented it and for what reasons. Knowledge, attitude, and awareness are important factors to consider to become a successful investor.
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