Topic: What is the best tips for who will invest in BTC for first time? - page 7. (Read 9739 times)
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 ...
I am new to all this though I've been reading about bitcoin since it first became popular. Scared to invest but this forum is providing great info, I might change my mind now. Thanks, guys, appreciated.
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.
all your points would be good if you buy when price are low when price are high risks increases and there will be fluctuations which can take out your capital 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.
and i you believe bitcoin price will reach good targets then you can
there are better opportunity where you can invest and gain profits quick and risk is also less as prices are low , divide your capital and invest in good opportunity
For the first time investor, I must suggest choosing the trusted and reputed exchange that will make your investment worth in either of the cases. At the initial level, you can buy and hodl BTC to analyze the market ups and down and I suggest you buy BTC now because this is the right time to buy and analyze the volatile glory of crypto in the battle run.
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.
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.
Hey, well good luck for your investment.
However, before you invest in crypto currencies, here are the few things you should know:
https://medium.com/@odeskpawan1/want-to-invest-in-cryptocurrency-keep-these-things-in-mind-37907f83b37a
Also, keep this tips in mind before taking the plunge.
https://medium.com/@odeskpawan1/thinking-of-buying-bitcoin-follow-these-tips-c165ba9165ec
Follow basic rules:
1. Do not invest all of your money into single coin/token
2. Invested amount should be within your tolerance limit. otherwise you will loose everything
3. Trade professionally not with emotion
4. Dont be greedy
5. Educate yourself first about crypto, how it works etc
6. Do your own research, do not follow anything/anyone blindly
7. Remember, if you can wait, wait patiently caues you are not in lose unless you sale your tokens.
Well said.If you can follow these basic rules,surely you will make good profits in bitcoin investment.This is not an overnight process to make you rich,you still have to make more struggles and conquer all your fears in bitcoin investment.As long as you have high patience,then all these basic rules will be very possible to you.1. Do not invest all of your money into single coin/token
2. Invested amount should be within your tolerance limit. otherwise you will loose everything
3. Trade professionally not with emotion
4. Dont be greedy
5. Educate yourself first about crypto, how it works etc
6. Do your own research, do not follow anything/anyone blindly
7. Remember, if you can wait, wait patiently caues you are not in lose unless you sale your tokens.
when that coin price fell, then the big loss that I got was because I did not have any capital to run backup plan.
Actually there are no best tips for investing in bitcoin, and in general it is like investing anywhere and all you have to do is buy when the price is low and sell it back when prices rise and depend on the method you use to invest in the long term / short term and both have different advantages.
the most important thing is that you want to study anywhere or with whom and in what ways to be able to understand the bitcoin working system and you will find it from time to time to make good and right investments and be able to recognize deeper bitcoin and other digital currencies .
It is a market adoption, new comers will certainly be needing to understand it. We don't need to wait the market goes high before we invest in crypto but to start at low price is ideal time for starter. Market timing is very important and mostly never appreciate it cause they are in doubts if the market will rise once it falls hard. the most important thing is that you want to study anywhere or with whom and in what ways to be able to understand the bitcoin working system and you will find it from time to time to make good and right investments and be able to recognize deeper bitcoin and other digital currencies .
Actually there are no best tips for investing in bitcoin, and in general it is like investing anywhere and all you have to do is buy when the price is low and sell it back when prices rise and depend on the method you use to invest in the long term / short term and both have different advantages.
the most important thing is that you want to study anywhere or with whom and in what ways to be able to understand the bitcoin working system and you will find it from time to time to make good and right investments and be able to recognize deeper bitcoin and other digital currencies .
the most important thing is that you want to study anywhere or with whom and in what ways to be able to understand the bitcoin working system and you will find it from time to time to make good and right investments and be able to recognize deeper bitcoin and other digital currencies .
My 2 cents.
- Invest an amount you are comfortable with. Let it rest (well if you purely don't want to trade them).
- Don't panic when the price falls.
Thanks
- Invest an amount you are comfortable with. Let it rest (well if you purely don't want to trade them).
- Don't panic when the price falls.
Thanks
A lot are already saying this - don't panic when the price falls. I for one, is also guilty on this matter sometimes. So if you want peace of mind and not really bothered by the price movement 24/7, invest what you can afford to lose. At least, you know that your investment is not for short-term profit but rather you're looking for long-term investments. Checking the price in the market will make you crazy. So you need to set and plan diligently when it comes to your investments.
Follow basic rules:
1. Do not invest all of your money into single coin/token
2. Invested amount should be within your tolerance limit. otherwise you will loose everything
3. Trade professionally not with emotion
4. Dont be greedy
5. Educate yourself first about crypto, how it works etc
6. Do your own research, do not follow anything/anyone blindly
7. Remember, if you can wait, wait patiently caues you are not in lose unless you sale your tokens.
Well said.If you can follow these basic rules,surely you will make good profits in bitcoin investment.This is not an overnight process to make you rich,you still have to make more struggles and conquer all your fears in bitcoin investment.As long as you have high patience,then all these basic rules will be very possible to you. 1. Do not invest all of your money into single coin/token
2. Invested amount should be within your tolerance limit. otherwise you will loose everything
3. Trade professionally not with emotion
4. Dont be greedy
5. Educate yourself first about crypto, how it works etc
6. Do your own research, do not follow anything/anyone blindly
7. Remember, if you can wait, wait patiently caues you are not in lose unless you sale your tokens.
Not at all, the average exchange actually has the same price for 1 BTC, it's just that maybe they use the price on the Buy Order so some might look like it is cheaper. and also usually the exchange has a high fee withdrawal.
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.
you already have the answer, believe in yourself in investment, do not interfere with other people's thoughts even though you are a little loss. if you continue to believe that bitcoin will continue to rise then don't worry about your losses will be replaced when the price of bitcoin rises dramatically. and for the number question here's the answer.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. just buy bitcoin in popular website, because it'll be safer
2. don't put all your money on BTC because You have life and you have to finance it to always live
3. my strategy is hold my BTC for 5 or 10 years also do some trade
4. just believe in yourself
My 2 cents.
- Invest an amount you are comfortable with. Let it rest (well if you purely don't want to trade them).
- Don't panic when the price falls.
Thanks
- Invest an amount you are comfortable with. Let it rest (well if you purely don't want to trade them).
- Don't panic when the price falls.
Thanks
A lot are already saying this - don't panic when the price falls. I for one, is also guilty on this matter sometimes. So if you want peace of mind and not really bothered by the price movement 24/7, invest what you can afford to lose. At least, you know that your investment is not for short-term profit but rather you're looking for long-term investments. Checking the price in the market will make you crazy. So you need to set and plan diligently when it comes to your investments.
Try to learn the BTC price chart and price movements then you will know where BTC price was and where it can go! Read some articles, information about bitcoin to know more about your investing. Go to a trusted exchange to buy Bitcoin, but don't hold there. Buy a hardware wallet to store your Bitcoin and keep holding them! As you can see BTC price is growing very well and we are gonna break the 10K USD mark very soon. However, Congrats mate, you made a great decision. Good Luck.
Follow basic rules:
1. Do not invest all of your money into single coin/token
2. Invested amount should be within your tolerance limit. otherwise you will loose everything
3. Trade professionally not with emotion
4. Dont be greedy
5. Educate yourself first about crypto, how it works etc
6. Do your own research, do not follow anything/anyone blindly
7. Remember, if you can wait, wait patiently caues you are not in lose unless you sale your tokens.
1. Do not invest all of your money into single coin/token
2. Invested amount should be within your tolerance limit. otherwise you will loose everything
3. Trade professionally not with emotion
4. Dont be greedy
5. Educate yourself first about crypto, how it works etc
6. Do your own research, do not follow anything/anyone blindly
7. Remember, if you can wait, wait patiently caues you are not in lose unless you sale your tokens.
PS:. I have already prepared my mindset, and I am only investing a money that if I lose it will not hurt me.
When it rises please try and sell some.
Better to raise your stop loss so you wont have to lose out when it keeps rising. Buying back would be harder in a steep uptrend if you sell. 
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.
after your first purchase, make sure to immediately move your bitcoin to a secure wallet
like hardware wallet
but make sure the wallet hardware is safe from the keylogger, because there is a case of someone's assets being lost because of the keylogger inserted in the wallet hardware
you can also use a web wallet like electrum or blockchain wallet
make sure to properly store the passphrase for the login without anyone knowing
the point is you have to move your bitcoin immediately after buying it from the exchange
never save your bitcoin on an exchange
One thing that are very important is the fact that people should realize very early on in this "game" that Bitcoin is a long-term, high risk investment and using it as a currency is it's primary goal. You should hoard 80% of all the new coins you buy and try to spend 20% of it, because people need to use it or merchants will stop accepting it and that will kill the merchant network.
The merchant network is just as important to stimulate the demand for bitcoins and for people to buy more coins on a regular basis. It provides a reason for people to constantly buy more coins.
The merchant network is just as important to stimulate the demand for bitcoins and for people to buy more coins on a regular basis. It provides a reason for people to constantly buy more coins.
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