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Topic: Top 5 Tips For New Bitcoin Investors (Read 983 times)

newbie
Activity: 107
Merit: 0
May 13, 2018, 09:06:54 PM
#91
In my opinion, you should be prepared psychologically. Confidential: (for buyers and sellers), you sometimes know each other in real money to buy mode, but when trading with Bitcoin they do not know. Many of thing are not absolutely secure: Everything has two sides of it, when everything is anonymous, high-tech crime will begin to develop in every way to rob things in your hands.
member
Activity: 266
Merit: 33
May 13, 2018, 07:06:04 AM
#90
While Bitc0in investing can be intimidating for those just getting their feet wet, there are several tips that newcomers can use to maximize their chances of success.

By following the top five tips listed below, investors can boost their chances of meeting their goals.
1. Do Your Homework
2. Proceed With Caution
3. Diversify Effectively
4. Keep Your Coins In Wallets
5. Prepare For Volatility

Source: https://www.forbes.com/sites/cbovaird/2017/11/21/top-5-tips-for-new-bitcoin-investors/#1cea07cd1e80
Number one and number five is should be the most emphasized.
Not doing a research in your coins might lead you astray and lost. You will be like an alien in a foreign country where nobody knows you
The fifth one is that cryptocurrencies are highly volatile and better prepare yourself for high jump or dip
member
Activity: 238
Merit: 11
May 13, 2018, 06:52:30 AM
#89
Be prepared to change the price. After all, this is a frequent phenomenon in the crypto-currency markets. Therefore, there are several strategies that investors adhere to. It is these strategies that help to avoid large losses with volatility.
One of the most common strategies is diversification, but for its application, you will need a lot of energy.
full member
Activity: 518
Merit: 101
May 13, 2018, 03:21:21 AM
#88
While Bitc0in investing can be intimidating for those just getting their feet wet, there are several tips that newcomers can use to maximize their chances of success.

By following the top five tips listed below, investors can boost their chances of meeting their goals.
1. Do Your Homework
2. Proceed With Caution
3. Diversify Effectively
4. Keep Your Coins In Wallets
5. Prepare For Volatility

Source: https://www.forbes.com/sites/cbovaird/2017/11/21/top-5-tips-for-new-bitcoin-investors/#1cea07cd1e80
You forgot one important thing, to prepare oneself mentally, emotionally, and psychologically. Coz even if you were able to do those listed above without preparing yourself in these areas, you won't be able to trully grasp how this system works.
newbie
Activity: 154
Merit: 0
May 13, 2018, 02:45:42 AM
#87
There's a lot of coin offered here so new investors must be wise in choosing their investments otherwise they will only incurred loss and may lose everything they have
sr. member
Activity: 588
Merit: 253
May 13, 2018, 02:18:13 AM
#86
Among all the tips in bitcoin investing for newbie and professionals then it is best to be patient to wait, all top tips will never be useful if users are impatient and easily panic so sell bitcoin at a cheaper price than when buying.
full member
Activity: 560
Merit: 100
BBOD Zero-Fee Exchange
May 13, 2018, 01:40:18 AM
#85
for me tips for new investors is do not panic if the price of coins down is the most important in my opinion and others may learn about analyzing candles and reading many articles about good and bad news about coins
member
Activity: 490
Merit: 10
May 13, 2018, 01:38:55 AM
#84
Add money management rules, as a new bitcoin investors, if you intend to trade your own funds, then you must put into place a good risk/reward ratio . That is you divided your money based on the amount of the reward you expect with a certain number of risk you can tolerate with your funds.
jr. member
Activity: 224
Merit: 9
May 13, 2018, 01:38:25 AM
#83
Not so many practical tips but yes, if you want invest in this crypto world you need to study a lot to make the right decisions. Especially here, it is so simple to believe other people and then lose money.
sr. member
Activity: 448
Merit: 250
May 13, 2018, 01:29:33 AM
#82
It is necessary to follow these five secrets, especially for new investors. I had a deep memory of what you said to put the money in my wallet. At the end of last year, I turned to the 3ETH to the CM exchange, and the swindler disappeared after a week after the transfer, and many investors lost a lot. It was a terrible experience.
member
Activity: 322
Merit: 10
May 13, 2018, 01:25:40 AM
#81
And yeah Do it with with confidence (not full not less) and tade or invest with less emotions.
Don't just be go with the flow but deal with the flow. Etched it to your palm or to your head.
That's true mate. Yeah deal with less emotions and don't be too greedy as the price is volatile in nature and it will change from time to time. Research and observe market condition before doing transactions.
member
Activity: 328
Merit: 10
May 13, 2018, 01:15:47 AM
#80
While Bitc0in investing can be intimidating for those just getting their feet wet, there are several tips that newcomers can use to maximize their chances of success.

By following the top five tips listed below, investors can boost their chances of meeting their goals.
1. Do Your Homework
2. Proceed With Caution
3. Diversify Effectively
4. Keep Your Coins In Wallets
5. Prepare For Volatility

Source: https://www.forbes.com/sites/cbovaird/2017/11/21/top-5-tips-for-new-bitcoin-investors/#1cea07cd1e80




For me, the top 5 tips for new bitcoin investors are this. First you must have knowledge in investing in bitcoin so that you know how your money earn profit. Second make sure you have money to invest. Third, secure your wallet so that you won't able to scam. Fourth, have trust in bitcoin that your money will earn profit. And last, believe in the power of bitcoin.
member
Activity: 392
Merit: 10
May 13, 2018, 12:58:33 AM
#79
The most important secret to investing in BTC is long-term holding!

Don't sell your BTC for volatility, I think it's the most important!

The advantages and disadvantages of BTC have been well known. BTC can be used by people all over the world. BTC will rise to a high value!
full member
Activity: 994
Merit: 138
May 13, 2018, 12:56:21 AM
#78
In my opinion, you should be prepared psychologically.
Confidential: With buyers and sellers, you sometimes know each other in real money buying mode, but when trading with Bitcoin they do not know what. Things are not absolutely secure: Everything has two sides of it, when everything is anonymous, high-tech crime will begin to develop in every way to rob things in your hands.
if you're afraid of tech crimes, you have to strengthen your account security. and you have to choose a trusted exchange for the exchange of your assets.
newbie
Activity: 53
Merit: 0
May 13, 2018, 12:51:23 AM
#77
If you are a newbie to invest in bitcoin, starting with BTC is always difficult: it's all about having to do on a computer or a phone, but with people nowadays everybody starts with it. To meet an obstacle. If you do not have specific instructions, you do not know what to do.
newbie
Activity: 60
Merit: 0
May 13, 2018, 12:28:43 AM
#76
In my opinion, you should be prepared psychologically.
Confidential: With buyers and sellers, you sometimes know each other in real money buying mode, but when trading with Bitcoin they do not know what. Things are not absolutely secure: Everything has two sides of it, when everything is anonymous, high-tech crime will begin to develop in every way to rob things in your hands.
newbie
Activity: 129
Merit: 0
May 12, 2018, 11:22:20 PM
#75
While Bitc0in investing can be intimidating for those just getting their feet wet, there are several tips that newcomers can use to maximize their chances of success.

By following the top five tips listed below, investors can boost their chances of meeting their goals.
1. Do Your Homework
2. Proceed With Caution
3. Diversify Effectively
4. Keep Your Coins In Wallets
5. Prepare For Volatility

Source: https://www.forbes.com/sites/cbovaird/2017/11/21/top-5-tips-for-new-bitcoin-investors/#1cea07cd1e80


maybe in the above mean you are a way of trading Bitcoin with long term.

and I suggest you have to divide your Fiat capital with Bitcoin to some bagain, do not all buy it Bitcoin.

so there is a back up later when Bitcoin is down.
jr. member
Activity: 266
Merit: 1
May 11, 2018, 10:55:31 PM
#74

There are plenty of ways to make money or invest in buying bitcoin.
1. Be careful
2. do not trust immediately
3.Check for purchase
4.Do you have low purchased finished high.mo sell
5.goodluck.
sr. member
Activity: 1274
Merit: 263
May 11, 2018, 10:43:28 PM
#73
This is helpful to us. Because even Im old members of cryptomarket or in the bitcoin I still gaining more knowledge because learning more is good key to success. Because of this I gain more knowledge again. More important also to the newbie because they can learned more information and knowledge about the success or everything.
newbie
Activity: 77
Merit: 0
May 11, 2018, 10:41:41 PM
#72
If you are an investor, you need to learn how to be cautious, everything you need to do is strictly confidential, new accounts, strong passwords, personal information, as well as issues related to you. secret. In general, if you play big, you should buy a PC containing information and not connected to the internet. Add an antivirus software, more malware and absolutely no cracking software.  Cool
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