Topic: What is the best tips for who will invest in BTC for first time? - page 6. (Read 9789 times)
Whoever going to invest on bitcoin for first time, they should acquire enough knowledge about bitcoin and blockchain technology. Know price from markets isn't enough to invest on bitcoin. This isn't quick rich scheme, so shouldn't expect it. Without proper knowledge about bitcoin no one could gain. So that's only suggestion for new investors from my side.
The most important thing is to stay calm no matter what happens. Don't overreact and don't let FUD news guide you.
You also should remember to keep some money on the side. Divide your fiat into 3 or even 4 parts and invest 1 then if it goes up or down invest another part. Always have some money invested to catch sudden bull pumps and always have some fiat to buy the dip.
You also should remember to keep some money on the side. Divide your fiat into 3 or even 4 parts and invest 1 then if it goes up or down invest another part. Always have some money invested to catch sudden bull pumps and always have some fiat to buy the dip.
For who will invest for first time in Bitcoin, what is the basic recomendations and tips to PLAY THE GAME!??
1. It is true it's necessary search for a Exchange with the price cheap in BTC for buy it ?? That is a good recomendation for "Traders" and "Holders" too??
2. I will "holder" my BTC, I need buy in piece BTC or all my fiat money buy all BTC? What is the best strategy to be a good HODL in BTC?? And Why?
3. What is your strategy for now in BTC? And why??
4. List me all your good tips for to start now! I will be very grateful...
Sorry for the silly questions, but that's how you start
PS:. I have already prepared my mindset, and I am only investing a money that if I lose it will not hurt me.
I do think you already got the answer for the question number 2, only invest the money that you willing to lose which would not hurt you or make your life uncomfortable. I do believe you need to look at the patern of bitcoin and just make your mind to invest in bitcoin cause you believe in the technology. I do think you need a purpose to be able to hold long enough and survive the bear market, cause many people are loosing faith and sell all of their coins cause of the bear market. 1. It is true it's necessary search for a Exchange with the price cheap in BTC for buy it ?? That is a good recomendation for "Traders" and "Holders" too??
2. I will "holder" my BTC, I need buy in piece BTC or all my fiat money buy all BTC? What is the best strategy to be a good HODL in BTC?? And Why?
3. What is your strategy for now in BTC? And why??
4. List me all your good tips for to start now! I will be very grateful...
Sorry for the silly questions, but that's how you start
PS:. I have already prepared my mindset, and I am only investing a money that if I lose it will not hurt me.
- ready to remember the principles and plans for speculation and understand the risks of crypto market.
- Observe and select the first step and market trend.
- hold on time will be much more valuable than stop-loss.
- regularly update news
- Observe and select the first step and market trend.
- hold on time will be much more valuable than stop-loss.
- regularly update news
For who will invest for first time in Bitcoin, what is the basic recomendations and tips to PLAY THE GAME!??
1. It is true it's necessary search for a Exchange with the price cheap in BTC for buy it ?? That is a good recomendation for "Traders" and "Holders" too??
2. I will "holder" my BTC, I need buy in piece BTC or all my fiat money buy all BTC? What is the best strategy to be a good HODL in BTC?? And Why?
3. What is your strategy for now in BTC? And why??
4. List me all your good tips for to start now! I will be very grateful...
Sorry for the silly questions, but that's how you start
PS:. I have already prepared my mindset, and I am only investing a money that if I lose it will not hurt me.
1. It is true it's necessary search for a Exchange with the price cheap in BTC for buy it ?? That is a good recomendation for "Traders" and "Holders" too??
2. I will "holder" my BTC, I need buy in piece BTC or all my fiat money buy all BTC? What is the best strategy to be a good HODL in BTC?? And Why?
3. What is your strategy for now in BTC? And why??
4. List me all your good tips for to start now! I will be very grateful...
Sorry for the silly questions, but that's how you start
PS:. I have already prepared my mindset, and I am only investing a money that if I lose it will not hurt me.
For the first time, investors need to invest in the market for the first time. For this reason, I think there is a possibility of losing more trading in the first place. Therefore, BTC has bought the market for understanding the condition of the market. And when the price increases, then sell it.
Select a fixed amount of BTC that you are going to hold , what I usually do is keep kind of two wallets , in one holding for the Long haul and in one I see the price is good and I need some money , I encash
This way I am able to encash day to day whenever I want , whatever savings I get I usually add them into the bank and keep some out of Bitcoins because in last , it's not a good idea to invest all your life savings here , then buy some Bitcoin from a friend or from exchanges.
Try getting then from a friend you know P2P transactions it's cheaper and more or less the same.
This way I am able to encash day to day whenever I want , whatever savings I get I usually add them into the bank and keep some out of Bitcoins because in last , it's not a good idea to invest all your life savings here , then buy some Bitcoin from a friend or from exchanges.
Try getting then from a friend you know P2P transactions it's cheaper and more or less the same.
For who will invest for first time in Bitcoin, what is the basic recomendations and tips to PLAY THE GAME!??
1. It is true it's necessary search for a Exchange with the price cheap in BTC for buy it ?? That is a good recomendation for "Traders" and "Holders" too??
2. I will "holder" my BTC, I need buy in piece BTC or all my fiat money buy all BTC? What is the best strategy to be a good HODL in BTC?? And Why?
3. What is your strategy for now in BTC? And why??
4. List me all your good tips for to start now! I will be very grateful...
Sorry for the silly questions, but that's how you start
PS:. I have already prepared my mindset, and I am only investing a money that if I lose it will not hurt me.
1. It is true it's necessary search for a Exchange with the price cheap in BTC for buy it ?? That is a good recomendation for "Traders" and "Holders" too??
2. I will "holder" my BTC, I need buy in piece BTC or all my fiat money buy all BTC? What is the best strategy to be a good HODL in BTC?? And Why?
3. What is your strategy for now in BTC? And why??
4. List me all your good tips for to start now! I will be very grateful...
Sorry for the silly questions, but that's how you start
PS:. I have already prepared my mindset, and I am only investing a money that if I lose it will not hurt me.
Buy bitcoin with your spare money from trusted exchange then store it on your own wallet. Make a plan on how much profits you want to achieve. Indeed at the beginning, the things may not run as expected and patience will be needed. Then while waiting for your investment to grow, you can use your time to learn crypto further.
Nothing beats taking your time to learn everything you need to know about cryptocurrency, this is not rocket science and this is not something you just pour your money with and come back rich, you must learn how this technology works and how to safeguard your coins, you are very much responsible for your coins and the most important thing is, you know how to sell and how to buy more, and of course trade on various exchanges.
I would rather choose an exchange with higher price but safe and secured compare to ones with low price but not reliable, with regards to storing your bitcoin better get a hardware wallet because it's more safe compare to leaving it on exchanges.
What to do with new bitcoins joining an investment should be good to you and you should invest in it first start at a tremendous amount as it grows and of course before doing so you should be careful of scammers.
Wau, I learning a lot with all you!!!
Others questions
Doubt 1:
Do bitcoin trade just buy low and sell high?
Or a BTC trading goes beyond that, and how do you set the price of the order you want to sell?
For example:
It is possible in Exchange to set a sales order of 0.123 BTC for R $ 123.00
rather than selling for only $ 100? Hence, do you profit R $ 23 more?
(I used dummy numbers to illustrate the example of my question lol)
Doubt 2:
Is it possible to set up StopLoss on an exchange to sell a crypto currency to convert to fiat money if there is a devaluation? Or is StopLoss a configuration only in the HomeBrokers of the "stock" of the conventional financial market?
And what about StopLoss tips do you give? lol if there is anything to add on this subject, although I think it always has ..
Others questions
Doubt 1:
Do bitcoin trade just buy low and sell high?
Or a BTC trading goes beyond that, and how do you set the price of the order you want to sell?
For example:
It is possible in Exchange to set a sales order of 0.123 BTC for R $ 123.00
rather than selling for only $ 100? Hence, do you profit R $ 23 more?
(I used dummy numbers to illustrate the example of my question lol)
Doubt 2:
Is it possible to set up StopLoss on an exchange to sell a crypto currency to convert to fiat money if there is a devaluation? Or is StopLoss a configuration only in the HomeBrokers of the "stock" of the conventional financial market?
And what about StopLoss tips do you give? lol if there is anything to add on this subject, although I think it always has ..
The best tip is to do some reserve and follow trend because every one are not likely to be wrong at the same time but never invest more than you can't afford to loose
Number one not really necessary if you are going into day/regular trading
Number 2,3,4 have been addressed below:
If you desire to go into bitcoin/crypto trading then learn to trade first by:
- Reading a good book on cryptocurrency trading,
- watching good YouTube tutorials on cryptocurrency trading,
- using a demo account to experiment with trading
- and then trading with real money you can afford to lose
Number 2,3,4 have been addressed below:
If you desire to go into bitcoin/crypto trading then learn to trade first by:
- Reading a good book on cryptocurrency trading,
- watching good YouTube tutorials on cryptocurrency trading,
- using a demo account to experiment with trading
- and then trading with real money you can afford to lose
Don't invest any single penny before learning about the coin.How bitcoin react on market.I highly re-commanded learn to use forex MT4 system.Get the chart bar and watch movements of bitcoin.Create a demo account there and practice how to trade.Use both technical and fundamental news to trade.Keep doing that couple of month you will get the good knowledge about bitcoin.Then you will feel yourself when to buy bitcoin and when to sell that.
Trading opportunities like trains.When you are at the station,if one train goes another one surely come
Trading opportunities like trains.When you are at the station,if one train goes another one surely come
If you can feel from yourself that you are ready enough to enter this complicated, risky but profitable world of crypto, then go on buy bitcoin at a lower price. Search an available exchange wallets in your country to be able to store your btc as long term investments. Remember to DYOR which one is a reputable exchange to buy bitcoin.
Also, you've said you have set your mind to this kind of investment. Then, do not be afraid to enter and take a risk. Since you are new here, the best tip i would recomment to you is to do a long term trades. It is more safe than to do short term tradings.
Also, you've said you have set your mind to this kind of investment. Then, do not be afraid to enter and take a risk. Since you are new here, the best tip i would recomment to you is to do a long term trades. It is more safe than to do short term tradings.
Best tip is don’t fall into sugarcoated promise setup by anonymous, you don’t know what you’re getting yourselves into until too late, remember the bitconnect. Crypto is never lack of high profile scam.
Right, most especially if it is too good to be true, it is best to do your own research before investing or trading and don't just rely on what others would say because most of the time they omit important things just for you to invest right away. Also scam is increasing nowadays so don't fall into their traps.
It's never too late for invest / holding for a long time.
Yes, it is risky investment but when you decide to invest on something risky, how far do you afford to keep invest ?
While other investor earn profit like never before !
Yes, it is risky investment but when you decide to invest on something risky, how far do you afford to keep invest ?
While other investor earn profit like never before !
Of course they have to look at and see someone's experience so that they can know and understand what Bitcoin is, because what I know is that investing in their BTC is very difficult but the price continues to be more expensive, so I would rather advise everyone to learn about bitcoin Your beans understand, so you don't lose Bitcoin or when you buy in exchange ...
Difficult for those who wanted to short it up but for those who are willing to take the risk it will be a good place to earned, having good profitable venueif you are really keen to achieved don't worry about up and down it's part of the cycle just be positive to look forward.
For those investing in bitcoin, don't hesitate to buy it when it is low. 3k dollars price is really low compared right now. Many buyers of bitcoin that bought during its peak and later on they blamed bitcoin because they lost a lot. They don't know what the real environment of bitcoin. They are just speculating it when it moves up.
They do not know how Bitcoin behaves at that point. There are a lot of new investors that thought Bitcoin is a fraud, another pyramid scheme so these first investors of it will earn money and they run from them when the price dumps, but it is not. There are scams all over the internet and Bitcoin is not one of them, they should know about that.
there are way too many scams on the net and also outside the net but the sad part is that they are now using the word bitcoin and cryptocurrency to market thier scam attempts and thats the reason why cryptos such as bitcoin gain a negative reputation from the public especially to those who are newbies but anyway back on the real topic , the best tips that i can give for the first time investors is that they should stock some knowledge first . when i say knowledge i mean general not just only in crypto and btc but also on how investing works .
For those investing in bitcoin, don't hesitate to buy it when it is low. 3k dollars price is really low compared right now. Many buyers of bitcoin that bought during its peak and later on they blamed bitcoin because they lost a lot. They don't know what the real environment of bitcoin. They are just speculating it when it moves up.
They do not know how Bitcoin behaves at that point. There are a lot of new investors that thought Bitcoin is a fraud, another pyramid scheme so these first investors of it will earn money and they run from them when the price dumps, but it is not. There are scams all over the internet and Bitcoin is not one of them, they should know about that.
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