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Topic: TOP suggestions for someone who's thinking of buying BTC? - page 2. (Read 13745 times)

full member
Activity: 616
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FRX: Ferocious Alpha
To make sure for for great profit one must consider some factors before buying BTC... first make sure you have proper and full knowledge about what you are entering with, second buy it when btc is in dip or in low cost so that when it get high you too will have a chance for bigger profit and third look for the right and legit trading site..
full member
Activity: 532
Merit: 102
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.This is said by many cryptocurrency experts - those who believed in Bitcoin from the very beginning and bought for $ 100-1000. Volatility is very high - a coin can grow by 10-20% per day. Now is a very good time to enter.
sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
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
5. 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.

Theses suggestions are being mentioned many times in the forum and i hope everyone know when to buy and sell bitcoin, enough knowledge can generate more profit.
member
Activity: 224
Merit: 62
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
sr. member
Activity: 1246
Merit: 255
Leading Crypto Sports Betting & Casino Platform
Buying bitcoin for short term or for long term profiting is really good compared to other cryptocurrencies that are available for investing. As bitcoin is already a proven asset, it gives more trust to the users while buying. This is the beginners way of buying and from expertise point everything shouldn't be of same asset, it needs to be diversified only through that one can find the best as well learn the tactics of trading which is the best source of earning in cryptospace.
hero member
Activity: 1316
Merit: 502
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.


I think all your answers are the most common answer to anyone with a situation like that. Anyone who has experienced trading or investing more or less than a year  in this market would still  give the same advice because they've witnessed the others or their own mistake when they go full time. So I would do the same but perhaps I will add things like you must be prepared to loss and also  don't put everything on it liek your life savings.
Indeed, every experienced person always advises these things when someone wants to invest in bitcoin but most of them ignore these advice, they only trust the information they hear from others, thinking of investing in bitcoin is simple and this is a quick way to get rich, lack of knowledge and consequences are unnecessary losses. So if anyone thinks about investing in bitcoin, I would probably advise them to ignore the rumors, spend more time reading information, identify the correct source of information, instead of garbage, and not rushing.
full member
Activity: 798
Merit: 104
Buy, sell and store real cryptocurrencies
Before investing, under the volatility of the crypto world and all the ups and downs of the price movements. Study and do enough research of BTC and be sure of the point you want to enter. I will say security is also important. Get a secured wallet, keep your passphrase safe and if investing a large amount, get a hardware ledger. Lastly, never invest much than what you can afford to loose. For me, this has been my principle which I encourage everyone to follow to avoid regret
full member
Activity: 448
Merit: 100
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.


I think all your answers are the most common answer to anyone with a situation like that. Anyone who has experienced trading or investing more or less than a year  in this market would still  give the same advice because they've witnessed the others or their own mistake when they go full time. So I would do the same but perhaps I will add things like you must be prepared to losses and also  don't put everything on it like your life savings.
member
Activity: 238
Merit: 11
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.
that's pretty a good information though but what I would like to add up is that, anyone who is thinking of buying bitcoin should do well and research more on cryptocurrency, blockchain and bitcoin with its bullish and bearish trends.
newbie
Activity: 121
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member
Activity: 315
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Before we buy Bitcoin and invest it as well as we do first research on Bitcoin itself, and learn everything about Bitcoin deeper, always pay attention to market movements because we cannot buy when the price of Bitcoin is high because it is too risky.
Buying bitcoin as an investment can provide a big advantage, because the movement of the price of bitcoin is rising. This trend is usually long and speculators buy as much as possible so prices continue to be pushed up.
At the moment I suggest buying bitcoin and investing money that has not been used so far, HODL for a long time then sell when the price is high. This principle is the safest way to profit from bitcoin.
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sr. member
Activity: 445
Merit: 250
It seems to me that it is enough for a person to know how the market and the exchange work with him and then you can easily try to trade.  I think that many people do it very well.
copper member
Activity: 336
Merit: 1
I will advise that the person do not follow all those pump and dump groups.
The person should as a matter of necessity get basic understanding of how the cryptocurrency market works .....the application of the knowledge might   suffice at a later date when confused about the right time to sell or buy more.
newbie
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copper member
Activity: 182
Merit: 1
Learn all the ideas about Bitcoin before you involved and how to trade or blockchain. especially the safety of your wallet It's safe to be robbed. you should definitely find out about how to improve it and keep track of when it's going to go up and down the price. because this is not just easy to deal with this. Bitcoin is the most expensive coin
It's a shame if it's a waste.
newbie
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full member
Activity: 672
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Before we buy Bitcoin and invest it as well as we do first research on Bitcoin itself, and learn everything about Bitcoin deeper, always pay attention to market movements because we cannot buy when the price of Bitcoin is high because it is too risky.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
Most of what I experience is the opposite, it seems like it's useless to explain a lot about "learning" at the beginning, because usually people tend to be lazy to learn it when they don't have it and the answer I often get is "confusion" and they don't understand what we explain, so they will learn it when they have it in this case is bitcoin itself, by having something unknown to them then of course they will look for many sources for understanding so they can use it more independently and of course they will learn from mistakes.
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