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Topic: TOP suggestions for someone who's thinking of buying BTC? (Read 13745 times)

member
Activity: 672
Merit: 14
It all points to knowledge. Knowledge is what will lead an investor to a profit making state. This is why the investor must study the market, know which exchange to buy the BTC, which authentic wallet to use to store the BTC, the significance of holding when the price drops, how to buy and sell in order to make profit. Seek advice and assistance from experts if need be.
hero member
Activity: 1932
Merit: 506
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What is the best suggestion for someone who really wants to buy bitcoin are :

* Make sure that you know what you are doing especially the risk that you are going to face.
* Learn the basics of crypto currency and be more familiar on how the market flows as it's like up and down.
* Learn to decide for yourself and learn how to accept the negative and positive news.
* Make sure that you have target whether it is a short investment or a long term one.
* The most important part is be patient and don't be greedy.
legendary
Activity: 2646
Merit: 1106
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I dont think that easy, someone who buys bitcoin with extensive knowledge, and high skills will certainly have better results than investors who do not have clear knowledge, without basic knowledge. so in my opinion you should to have basic knowledge and skills first!
I believe that any person who buys Bitcoin today is a person who has a chance to become insanely rich in the next few years. This is great!

Incomplete, Buying today and Holding for atleast 10 years could be a potential millionaire in the next decade.

Some experts says by holding atleast 1 BTC could be a good pension when we retire after 20 years or so., So start buying now and secure your future.
When it comes to holding of cryptocurrencies at least seven years is a must. This was analysis through a survey where the common users gave their opinion on holding. Upon that seven years was an average on it, if some form of growth gets ignited that needs to be made use of it. So hold and move with the market is the best choice.
full member
Activity: 1134
Merit: 167
Ithink is not good To buy btc buy a vps and start mining its gonna be hard but at least with waiting you would have maany money and you gonna sell it Wink
for those who have funds, maybe buying BTTC is something useful for the long term, but consider it good for learning for beginner traders to buy the first altcoin maybe better and of course with the basic learning mentioned above
sr. member
Activity: 625
Merit: 258
Always verify the authenticity of the exchanger or buyer.
Don't adventure into the unknown. Get some knowledge into the basics of cryptocurrency and understand the dangers of joining the trading.
Know yourself and the market. Study how to buy and sell properly to achieve profit.
hero member
Activity: 1316
Merit: 514
I dont think that easy, someone who buys bitcoin with extensive knowledge, and high skills will certainly have better results than investors who do not have clear knowledge, without basic knowledge. so in my opinion you should to have basic knowledge and skills first!
I believe that any person who buys Bitcoin today is a person who has a chance to become insanely rich in the next few years. This is great!

Incomplete, Buying today and Holding for atleast 10 years could be a potential millionaire in the next decade.

Some experts says by holding atleast 1 BTC could be a good pension when we retire after 20 years or so., So start buying now and secure your future.
legendary
Activity: 1372
Merit: 1008
Always give the best suggestions for investor before investing their money in bitcoin by looking what the best time to buy and sell their bitcoin assets,

i think there is no real suggestion when it comes to investing in bitcoin because bitcoin is too basic or too general  . anyone can easily understand the concept of btc   . its just common sense that what they need  ( i.e buying at lows and selling at highs or selling at highs and then selling it at a more higher price ) i think all people even the average ones can easily understand and do this method  .
I dont think that easy, someone who buys bitcoin with extensive knowledge, and high skills will certainly have better results than investors who do not have clear knowledge, without basic knowledge. so in my opinion you should to have basic knowledge and skills first!
full member
Activity: 714
Merit: 100
Always give the best suggestions for investor before investing their money in bitcoin by looking what the best time to buy and sell their bitcoin assets,

i think there is no real suggestion when it comes to investing in bitcoin because bitcoin is too basic or too general  . anyone can easily understand the concept of btc   . its just common sense that what they need  ( i.e buying at lows and selling at highs or selling at highs and then selling it at a more higher price ) i think all people even the average ones can easily understand and do this method  .


never buy bitcoin when price is really on higher because will make it bad effect later.

its okay of its bitcoin or other top cryptos that you will be buying because you are assured that their value can still increase later  . all you gotta do is wait  .

member
Activity: 532
Merit: 10
Always give the best suggestions for investor before investing their money in bitcoin by looking what the best time to buy and sell their bitcoin assets, never buy bitcoin when price is really on higher because will make it bad effect later.
member
Activity: 672
Merit: 14
Knowledge is power and it is very essential in all fields including cryptocurrency investment. Before investing in BTC, the investor must understand BTC and how the crypto world works. It must be understood that it is a free market hence decisions must be based on well analyzed information. This calls for the need for every investor to do an extensive personal research into BTC before investing in order to stay calm and patiently world when the market goes bearish.
full member
Activity: 1330
Merit: 147
Those three points are a thing that should be done by newcomer before buy bitcoin. It useless if someone who buy bitcoin but he never know what bitcoin is and what its function and will be funny if they are think that bitcoin just a way to make their wealth grow up quickly. Also, if I find someone who intend to buy bitcoin I'll say to him that to having bitcoin is a big risk way for his wealth or for his money. He can get a loss just in one momment but he can also get a lot of profit just in one momment also. So as, investing in bitcoin just for people who has a bravery in other hand he must has also a high knowledgeable about bitcoin itself.
sr. member
Activity: 1936
Merit: 290
If you want to invest in Bitcoin then you have to take some ideas about some basic tasks. In fact for the new bitcoin users it must be considered i can spend how and how much time i spend.
Because they are often seen to be more dependent on the exchange as a result, they spend a lot of money.
Therefore, Investment before your need more learning about crypto world.
jr. member
Activity: 434
Merit: 9
What would be the top things you would advise on or suggest to someone who’s thinking of buying BTC?



Mine would probably be; 

1 Before investing, spend time learning about cryptocurrencies and blockchain in general

2 Don’t look at it as get rich quick scheme, but as a long investment

3 Learn ways to keep your bitcoin safe and secure.

From experience, I learned this

1. DYOR - do your own research
2. TAYOR - Trade at your own risk
3. invest what you can afford to risk

This are 3 important things I learned from crypto world and a key step before I invest my money.

I researched (DYOR) then when I log in to my exchange account I do my own trading based on my own analysis and I only invest what I can afford to lose. At the end of the day, it's all just on me.
hero member
Activity: 1148
Merit: 504
What would be the top things you would advise on or suggest to someone who’s thinking of buying BTC?



Mine would probably be; 

1 Before investing, spend time learning about cryptocurrencies and blockchain in general

2 Don’t look at it as get rich quick scheme, but as a long investment

3 Learn ways to keep your bitcoin safe and secure.

4. Don`t buy it, earn it.  Shocked we should get used to earning bitcoin rather than buying them  Wink
I think earning bitcoin must use capital right? and you can start by buying bitcoin for your trading capital to earnings bitcoin. I think that kind of mindset must be discarded, if you want to help bitcoin then you should adoption it properly, buy bitcoin with your own money, so demand rises and has a positive effect on the market

one thing you have to know before buying, you have to know when it's the right time to buy
member
Activity: 714
Merit: 14
Before buying Bitcoin, one must understand that it is a free market, hence every transaction must be made meticulously as verified transactions cannot be retrieved. It is very paramount for every newbie investor to study the basic principles with which Bitcoin, Blockchain and the entire crypto space works.
full member
Activity: 539
Merit: 100
My advice is:
If you come to this market in order to make money quickly, then it is better to leave immediately.
If you are a long-term investor, then buy the top 5 coins, except xrp and that's it.
full member
Activity: 854
Merit: 100
My piece of advice is simple;
1. Buy as soon as you can afford.
2. Do not expect your money back any soon.
3. Do not promise anyone anything from your potential returns from bitcoin.
4. Be ready to keep it as long as possible.
member
Activity: 280
Merit: 15
i would suggest following the news website coindesk.com before buying crypto and one more important point nt to feel panic by selling btc out to fear because of false rumors
legendary
Activity: 2912
Merit: 1068
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Everyone who is buying Bitcoin should know that besides profit he should count on possible loss too. Bitcoin is volatile and that should be always kept in mind. Also, when buying you should know how much you can spend, so these should be funds that you don't need for something else and you should also define is that investment is going to be on short term or long term. And when you know all that pick up legitimate and trustworthy trading platforme.
full member
Activity: 714
Merit: 114
You also have to invest some money to invest so you can get a higher profit, don’t depend on your income alone try to have more source of bitcoin.

when you work online or on campaign you already earn some cryptos and bitcoins  . if you hodl them this is already consider as an investment . this what most of us are doing and it should give us a suffcient income therfor there is not needed to spend your own cash because you can use that cash for more important spendings outside the crypto scene   .

Buying bitcoin at 5200 is a very profitable offer. Believe me, in the future it will be a dream when the coin reaches the price of 50,000 then 100,000 dollars.

its not what you call a profitable offer because you arent earning when you buy  . profitable means when you sell your coins at a high price  .  buying bitcoin at 5200 is rather a good offer because the price is not that expensive at all and its expected that the price of bitcoin can increase in the  incoming days or weeks  .
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