Top 5 Tips For New Bitcoin Investors - page 2.

fishball

member

Activity: 336

Merit: 10

Quote from: PlusCoinINK on November 22, 2017, 08:28:35 PM

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

1. Do not engage in anything without prior knowledge. You should learn about it first hand and second hand.
2. Never expect too much.
3. Patience and perseverance are needed.
4. Expect for negative things.
5. Trust in bitcoin.

Enoch Lewis

newbie

Activity: 109

Merit: 0

In my opinion, the most important question to answer is: How is bitcoin stored? Opening a similar Bitcoin wallet opens a bank account. That's all. Bitcoin security is top priority, with two to three layers of authentication support to ensure that your money is absolutely secure. Of course, it is relatively certain, but certainly.

judemarco1996

member

Activity: 210

Merit: 10

As a new bitcoin investor, you must make the thorough study or make the necessary research before going into any transaction, When you are investing definitely your putting your money or assets, time and effort for you to earn, so you have to safeguard it. Theres so many ways to safeguard whatever assets you have, read some articles, watch videos, find the best digital wallet to store your digital currencies, and even ask people who are into this trading. Remember, bitcoin is very volatile and its value or price is cannot be predicted or it is undermined, but you can analyze its trends and works to lessen somehow the possibilities of losing, be prepare for the volatility of bitcoin so you can earn more profit to your investment. Another thing, try to invest in a smaller amount to lessen the risk and as you become experience into that trading then you will learn more and more that will make you more wiser and profitable in return.

Nekroser

jr. member

Activity: 392

Merit: 2

Very obvious advice. Everyone already knows them. In addition, these tips are not the best, although useful. The main advice is to have patience and not be nervous.

fritzwalter195

jr. member

Activity: 126

Merit: 1

Most importantly do not invest all your money.

paulo29

newbie

Activity: 147

Merit: 0

Welcome to bitcoin community, well as a new bitcoin investor it is really necessary to study first or make the necessary research before going into any transaction, When you are investing definitely your putting assets, time and effort,wherein you work for it to earn, so you have to safeguard it. Theres so many ways to safeguard whatever assets you have, read some articles, watch videos and even ask people who are into this trading. Remember, bitcoin is very volatile and its value or price is cannot be predicted or it is undermined, but you can analyze its trends and works to lessen somehow the possibilities of losing,and to earn more profit to your investment. Another thing, try to invest in a smaller amount to lessen the risk and as you become experience into that trading then you will learn more and more that will make you more wiser and will benefited to this trading sytem.

Saddam Bin Delowar

copper member

Activity: 840

Merit: 1

Thank you so much for your very good advice. These 5 tips are very useful for new investors. I think new Investors If you invest in following these 5 tips, then they can get good profits and They will not be able to lose their money.

maruf9522

member

Activity: 280

Merit: 10

thanks for your helpful post , i think next you give us more detals about btc

crypto002

jr. member

Activity: 98

Merit: 1

5 tips can be
First can be learn about bitcoin,what is blockchain,public key,private key
Second can invest what you can afford
Third can to keep wallet secure
Fourth can be patient
Fifth see your investment after a year

Raggie

member

Activity: 462

Merit: 10

I just share my tips here :
when you invest in bitcoin, make sure you already know that bitcoin can be falling at anytime.
Just invest on bitcoin if you have a reserve of your funds. never put all of your money and asset to it.
because if bitcoin falling, you not lossing all of your assets.

socksserver3

member

Activity: 392

Merit: 10

Keeping coins in wallet is especially useful tip because not everyone understands this. This is a must if you want to protect your coins and be sure that the money will be safe. As for me, I have my wallet for BTC

19nataliya12

jr. member

Activity: 154

Merit: 3

"Hedge against volatility and do not put all the eggs in one basket. When investing in the stock market or currency exchanges, it is necessary to diversify the funds in accordance with the risk management methodology. "

hoavantathan

newbie

Activity: 196

Merit: 0

I think the tips for newbies are finding a safe wallet, protecting it carefully, always trading on big data website, understanding the market and blockchain.

niisarearning

sr. member

Activity: 910

Merit: 252

Prepare for volatility its major point while investing crypto space based on my experience in crypto space market goes to bottom then get stable we have to be updated by watching marketcap previous crash happened while marketcap reached 260 billion and were stable around 2 weeks . Then recovered now reached 450 billion . Here whales playing game.We have to be preapared with their strategy.

newgal2017

member

Activity: 337

Merit: 15

Making investments, of course, requires a capital for you to invest in the market to start making deals and transactions but, sufficient knowledge, hard work, patience and capital are essential to attain favorable income. You should be wise and only make decision that are well thought of because you can either earn a lot of Bitcoin or lose all of it. If done right with patience and perseverance along with strategically planned techniques in managing your investments, it can result into fruitful outcome.

Rebdoomer

jr. member

Activity: 100

Merit: 2

Buy Bitcoin

Buy low, sell high.
HODL at a low point not at a high point.

Kimberlyyhr

newbie

Activity: 21

Merit: 0

With these few straight forward tips, negotiating that first Bitcoin transaction or trade can be a lot less stressful.
1. Do your Homework.
2.Be Cautious.
3.Diversify effectively.
4. Keep coins off the exchanges.
5.Get ready for a wild ride.

aryaadikariyansyahsuwarto

full member

Activity: 714

Merit: 101

This Is Promissing Project

that's right, it's the right step. because we should not be careless to invest, be careful. so in my opinion that is the right step before investing.

Frankwhite_2018

newbie

Activity: 22

Merit: 0

Quote from: Pleione527 on November 24, 2017, 05:23:38 PM

For me the best thing that new investors in cryptos need to know is how the market is running, do some research if possible especially on your target cryptos to invest try to look on each graph and see who is worth to invest. 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.

what are your favourite resources/websites for doing research? is there any particular places you gain a lot of value from?

jhonnydeep87

full member

Activity: 378

Merit: 100

Bitcoin as a volatile currency, they need to observe bitcoin prices carefully. I do not think that you can really diversify through your portfolio by just holding bitcoin and if you intend an investment like hyip. Nothing is great for real investors because this is not a real investment and you might even end up losing all your bitcoin if investing in one only. Cool

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