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Topic: What I got from my Friend about Bitcoin - page 3. (Read 458 times)

legendary
Activity: 2268
Merit: 1655
To the Moon
October 02, 2023, 04:19:06 PM
#7
... I will be very much happy to acquire more knowledge in the forum. I am also planning to buy my first coins this week.

First of all, you need to study the rules of the forum so that your stay on the forum does not turn out to be short-term, since many newcomers often violate them, and this leads to a ban - https://bitcointalksearch.org/topic/unofficial-list-of-official-bitcointalkorg-rules-guidelines-faq-703657

As for the desire to buy Bitcoin, this is undoubtedly the right decision. You can get more knowledge about BTC in the "Bitcoin Discussion" section - https://bitcointalk.org/index.php?board=1.0
legendary
Activity: 2394
Merit: 2223
Signature space for rent
October 02, 2023, 04:17:51 PM
#6
You are in the right place if you really want to learn about Bitcoin. This forum is especially designed for Bitcoin beginners. All the Bitcoin and Crypro-related data you may find here To grow your knowledge, read more than you write. Gain knowledge from here, then contribute for other beginners. That's how the fuem has been working. Follow the forum rules and help prevent unwanted spam. Use the search button before creating a thread. So you may get your desired answers here.
sr. member
Activity: 700
Merit: 270
October 02, 2023, 03:29:51 PM
#5
When I got to know about bitcoin from my friend last two month, she told me more about bitcoin, she also said investing in bitcoin is good. And she asked me to invest on bitcoin that it will be of help to me, she said for more guard she asked me to join this forum bitcointalk. And I accepted her request, so I decided to make some research about bitcoin and this forum bitcointalk because it takes a lot to join a forum, after making my research through the help of the internet I decided to create an account and join this forum. And to my biggest surprise the username has been used, so I used another name then it works.
I will be very much happy to acquire more knowledge in the forum. I am also planning to buy my first coins this week.

Your friend did a wise thing in advising you to invest in Bitcoin as bitcoin is one asset that can grow astronomically with time, but one thing you must understand is the fact that bitcoin requires your  time your patience to hodl before you can start making profit from your investment, as it's not a quick money making scheme.

It's also advisable for you to know what kind of investment that can suit you most, if its trading, or wanting to hold on to your assets till it grows gradually. Any of the options you wish to adopt, you will need to educate yourself about the best strategy suitable for you to go about it, the forum will even help to answer for some questions you would want to ask.

It's good to know that you want to buy your first bitcoin, that shows your really interested in investing, and becoming a practical bitcoiner rather, and that's a good one.
hero member
Activity: 1918
Merit: 564
October 02, 2023, 03:25:15 PM
#4
If you are planning to put an investment to Bitcoin, you should make yourself ready, both in mental and emotional stress.  There are times when the price of Bitcoin crash so learning about the Bitcoin market cycle can be a great help.  Also, be informed that Bitcoin is not a get rich quick scheme where you can instantly gain wealth after a short time of investment.  Bitcoin investment is not a sprint but a marathon, the longer you hold, the higher possibility of getting a better profit.  This means, Bitcoin investment and holding it needs a lot of patience.
full member
Activity: 560
Merit: 161
October 02, 2023, 03:01:11 PM
#3
When I got to know about bitcoin from my friend last two month, she told me more about bitcoin, she also said investing in bitcoin is good.

Bitcoin is very good for sure to invest but I will advice you not rush if you are not aware how volatile Bitcoin market is. The market is very volatile and for you to be successful in bitcoin you have to exhibit some level of patience in you to hodl your coin and not to be panicked when the price of the market is falling down. 

If you don't understand bitcoin and you quickly run into investing it can be complicated to you. And one thing you need to understand is that as you are investing in Bitcoin, if you are depending in the profit to quick come you may disappointed. Hodl and wait till your investment is due for profit.
legendary
Activity: 2114
Merit: 2248
Playgram - The Telegram Casino
October 02, 2023, 02:40:26 PM
#2
I will be very much happy to acquire more knowledge in the forum. I am also planning to buy my first coins this week.
Before buying bitcoin you should ensure you know how to store Bitcoin safely and what wallet to use. You should also have a reason for buying Bitcoin, either to use it as a currency or as an investment. If you're using it as an investment then have a trading plan that works for you.

First thing to remember is to buy as much as you can afford to lose so you do not have to be forced to sell when you do not want to. If you use money that you might need in the future, when they need comes, you can be forced to sell even at a loss.

• Get a reputable wallet software which is non custodian and open source,
• Create an wallet on it and back it up on paper,
• Do not use electronic back ups cause they are exposed to the internet,
• Use a reputable exchange to buy and send coins to your wallet,
• Always do your research.
sr. member
Activity: 182
Merit: 120
October 02, 2023, 01:30:11 PM
#1
When I got to know about bitcoin from my friend last two month, she told me more about bitcoin, she also said investing in bitcoin is good. And she asked me to invest on bitcoin that it will be of help to me, she said for more guard she asked me to join this forum bitcointalk. And I accepted her request, so I decided to make some research about bitcoin and this forum bitcointalk because it takes a lot to join a forum, after making my research through the help of the internet I decided to create an account and join this forum. And to my biggest surprise the username has been used, so I used another name then it works.
I will be very much happy to acquire more knowledge in the forum. I am also planning to buy my first coins this week.
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