Topic: Top 5 Tips For New Bitcoin Investors - page 3. (Read 992 times)

There are many paid promotions of icos going on. Without researching, it is not advised to invest anywhere. You should invest only the amount you would afford to lose. Just go through the project before having your investment in, buy the hype and sell the news. Crypto is a volatile market and you should assure yourself that you're investing in a good project. Have your own strategy.

The best way to obtain a permanent income is to receive passive profit - dividends and interest from investments. In this case, bitcoin does not differ from the usual currency - it can also be invested in various projects, used for obtaining passive profit.

yeah i think that was true if we are going to be an investor bitcoin, patience is more important thing too and anyway money managment are good advice too when becoming an investor

good advice) but I would still supplemented your post thus advice - remain cold-blooded, watch, when market goes against you, and make changes such moments his thinking.

My tips:
1) do not listen too much to the predictions;
2) do not worry about the fluctuations;
3) pay attention to your private keys
4) diversifies the investment
5) invest only as much as you can lose

1. The value of bitcoin is closely related to economic, political events, legal changes and technological achievements around the world. Trading cryptocurrencies should keep up with the current news or aggregators collecting the most important information.

2. In contrast to traditional currencies, more enthusiasts are attracted to cryptocurrencies, attracted by the desire for quick earnings, who trade emotionally. As a result, bitcoins may be undervalued or overvalued more often than other assets.

3. Although the forecasts for cryptocurrencies are successful, bitcoin should be considered a risky capital investment. It is still a relatively young solution whose future depends on many factors.
Therefore, bitcoin should only constitute a smaller part of the capital investment.

4. Multi-year investments require adequate security for virtual coins. Keeping them in the stock market may not be enough. In this case, it is worth thinking about buying a bitcoin secure wallet in the form of a peripheral device or an application located on our device or external, but secure server.

Sounds like a good advice

1.   Do some research before investing in any coin about the team of developers, price trends, etc. carefully
2.   Don’t drive into your emotions. Don’t be greedy and never panic
3.   Never invest more than what you cannot afford to lose.
4.   Store you crypto coins in a safe and secure wallet.
5.   Always diversify your investments to reduce you risks.

thanks for the advice in the sweat. You can also add that they treat the key well and do not lose it. Without it, it will not be very cool.

In bitcoins the biggest tip that you should apply in your life is buy lots of bitcoin when the market value is too low and sell it for a higher price.
Through this concept you can obtain a huge amount of return on investment in just a year or certain time without paying too much effort for it.

2017 is Bitcoin's tumultuous year so we learn the lesson is to be strong, hold the stan! You will see your happiness soon.

Honestly, this is probably the most important rule out of all the others. Sure, there needs to be some savvy know-how to understand the way it all works, piecing it together in your mind. Nevertheless, a good due diligence will save you countless dollars of loss. When a new currency or ICO arises, or any new investment opportunity for that matter, you need to make sure you follow through and do your research on the topic. No one cares if you lose your hard earned money, so why wouldn't you take that into your own hands and make sure you know every detail about the investment before you make the decision. Check the team, their backgrounds, the transparency of the project, the allocation of their seed investments... all of these things will minimise the risk of loss, and maximise the potential for gains.

Our two-cents.

my investment tip : trade once a day . bitcoin prices are rising and falling every day . find the middle price , less than 1% buy , above the intermediate price 1% sell . don't be greedy .

Well you have a good research their about tips for new bitcoin investors. Yet it is not your work and you are only crediting of the idea of others. You should have specified the source and not just posting the link on it. It is not a good idea to confused the readers with the works that are not yours. Anyway putting that here is a good help. I was just sad to see the works of other being copied and someone will get the credit. Actually I do have some works and being copied by someone that experience made me feel that if someone will copy their works I should get them reprimanded. Well that tip is actually simplified and best tips I have ever read.

1. Take time to learn

Around Bitcoin and other crypto currencies there is a big stir, there are many rumors, and you constantly come across success stories and failures. To begin with, make sure that you understand what you are getting into and risk the amount of money available to you.

2. Be careful

In the world of crypto-investment it is necessary to be extremely cautious
Any investment carries risks, which is already talking about the new and volatile Bitcoin. Jacob Eliosoff stresses:
This is still an extremely dangerous area of ​​investment. Do not invest as much as you are not ready to lose.

3. Diversify effectively

Most newcomers in the crypto industry are invested only in Bitcoin, forgetting about the existence of other crypto-currencies, some of which grow even faster than Bitcoin. Diversification is an effective way, given that many altcoins are growing during the fall of the Bitcoin exchange rate.

4. Do not hold funds on the exchange

The crypto industry attracts a lot of hackers and scammers, and it is important to take effective precautions. It's enough just to complicate the life of hackers: use exchanges only for exchange, and as soon as you bought the currency, move all the tokens to the protected wallet (for example, to the hardware purse). Many people lost their funds on stock exchanges not as a result of trade.

5. Be prepared for instability

These simple tips will help your portfolio withstand any storm in the market
Bitcoin is known for its volatility, many traditional investors are simply terrified of it. The instant drop in the Bitcoin rate does not mean a catastrophe, but it's hard to stay calm when you look at the red chart. Of course, diversification is an excellent method of fighting against this. But in order to effectively apply this method, you still have a lot to learn. The most famous (and most often the most profitable) strategy for investing in Bitcoin is to buy and wait. Then you are not afraid of any volatility. Simply buy coins and forget the site on which you are watching the course, this approach will keep you nervous and will bring a guaranteed profit.

I think there should be passion. Blockchain is still the focus for the next 2-3 years, so electronic money will continue to grow and continue to be a tool for investors, speculators make money.

People are spreading that virtual money is the fastest way to get rich at this time of the year, but that's only a small fraction of the risk. No one who pays money to invest can make a profit, there are a lot of white people after a night just for lack of understanding. In my opinion, it is necessary to have knowledge first.

You can only do that, you can't be totally safe against those type of things because there's new things developed every day.

thanks for the info always be cautious with bitcoin especially against hackers

Here are tips for newbies

1) Prepare mentally to accept existence of bitcoins
2) Open your mind
3) Spend money & time on learning
4) Do your own research with own intelligence
5) Never invest that much which you cannot afford to lose.

These are my own steps to get into Bitcoin economy and bitcoin platform.