I am trying to buy bitcoin . i research online take some advise from people who are involve with it ..But to get exact point its bit uncertain ...so what should i need to know before buying bitcoin?
If you are a beginner, you should know about Bitcoin and learn how its flaws and its advantages. before and buy Bitcoin. Right now I think it's time you bought Bitcoin if it is capable, but if not, you have to wait for Bitcoin to go down again. then buy and hold it until the time comes, because we all know Bitcoin will come back later. 
Topic: which step i should take before buy bitcoin? - page 2. (Read 499 times)
the most important step before buying bitcoin: Think again.
I am trying to buy bitcoin . i research online take some advise from people who are involve with it ..But to get exact point its bit uncertain ...so what should i need to know before buying bitcoin?
Know first what is the use of bitcoin for you? are you going to buy and sit it to an storage or are you going to trade it to other coins there are lots of uses of bitcoin right you should know first what is your objective in buying.
I am trying to buy bitcoin . i research online take some advise from people who are involve with it ..But to get exact point its bit uncertain ...so what should i need to know before buying bitcoin?
Buy from a legit seller or exchanger,do some research and it better for you to have different resources inorder that you have options that you have to choose.Take extra careful of your wallet addresses inorder to avoid getting hacked ,in our country we have local exchanger that is very easy to access and the most important is the legitimacy because nowadays crypto community experiences wallets being hacked,scammers were everywhere that makes investors untrust with this new trend of investments.Another thing to consider is the votality of price,in investing with virtual currency this is inevitible,things that we cannot control,the movements of price will pumps and dumps so you must be aware of it in the first place.
I think you must take a research about bitcoin and what is all about ,also take time to research about reading graph its actually giving help you,and when you know this you can know that when you buy and sell your bitcoin with gaining.
Learn how to create a safe cold wallet, you can create a paper wallet from a offline linux live distro.
Buy bitcoin in dip, price is decreasing now, wait for $7k~5k buy and HODL for long term like 2 or 3 years.
Buy bitcoin in dip, price is decreasing now, wait for $7k~5k buy and HODL for long term like 2 or 3 years.
I am trying to buy bitcoin . i research online take some advise from people who are involve with it ..But to get exact point its bit uncertain ...so what should i need to know before buying bitcoin?
Study the market...that's all....because if you know what kind of market you want to invest with will surely help you to decide whether to invest or not. Bitcoin is a good investment but you must know when to enter the market carefully and ensure you success, otherwise you'll end up losing everything you have.
Savings with disposable cash reserves are the most important thing. This isn't a game you should be playing if you're playing with the only money you have.
I am trying to buy bitcoin . i research online take some advise from people who are involve with it ..But to get exact point its bit uncertain ...so what should i need to know before buying bitcoin?
if you want to invest in bitcoin. you should notice is the bitcoin price, because the bitcoin price is always changing every time. if you buy when prices are down then the profits to be gained are greater.
There are many things to look for in the case of buy Btc.First to know about whole the crypto-currency world,then there are all the coins,we have to study-well.It has to be thought a little bit distant because the market condition isn't stable.Btc will be purchasesd to look at the price and the security will also be kept in mind.
before you want to buy bitcoin i think you should have bitcoin wallet to save your bitcoin and exchange account to buy bitcoin because this is necessary if you want to buy bitcoin and don't buy bitcoin personal to personal because it's risky and certainly the main thing besides all of those is money because if you have no money you could not buy bitcoin
I am trying to buy bitcoin . i research online take some advise from people who are involve with it ..But to get exact point its bit uncertain ...so what should i need to know before buying bitcoin?
Well, first you need to do is to find a wallet, As of the moment, there are many wallets that support Bitcoin. Please read this article to know how to choose a wallet https://bitcointalksearch.org/topic/general-bitcoin-wallets-which-what-why-1631151,
After you have chosen a wallet, you can now buy bitcoin. Buying bitcoin is really easy, you can either buy it, from exchange, people and some bank also offer this but of course, it really depends on your current location. But the easiest way to buy it is buying them in coinbase.
But of course to tell you honestly, You must be aware of this first if you really wanted to buy Bitcoin, Bitcoin is very volatile, you may lose or gain money in an instant. So before you buy them, please be advise that you can only invest what you afford to lose.
Yes, this is the first step you should do if you want to own a bitcoin, find a wallet. In addition, the next thing to do is to secure your wallet. Learning about the security of your bitcoin is very important because if you lose the bitcoins in your bitcoin wallet, they're gone forever and there is absolutely no way to recover them. You should be very careful when making a transaction over the bitcoin network, once the transaction initiated and bitcoin leave your wallet, the process cannot be cancelled.
Before you buy bitcoin all you have to do is look at bitcoin prices and examine the movement of graphs, but if you buy bitcoin at the moment it's very nice to buy at a very cheap price for the current position.
I am trying to buy bitcoin . i research online take some advise from people who are involve with it ..But to get exact point its bit uncertain ...so what should i need to know before buying bitcoin?
The first thing you need to understand is why you are getting bitcoin in the first place, if you are buying it to use it then you need to get a wallet and see some videos on youtube about how to receive and send a transaction, you need to understand concepts like the transaction fee, the mempool and others, now if what you want to do is to invest in it you need to understand the basics of investing and the possibility of losing money if you do some bad trades.
think about the worst risks of bitcoin, because I've heard a lot of people who break down after they lose a lot of money after losing their investments in bitcoin.
Of course before engaging with anything that has risks, you have to learn the basics of it and how it really works. Read about bitcoin and read about cryptocurrency in general. Yoi should not just learn it, but you have to grasp the whole idea of how it works and how to use it. You need to know every steps you need to know aboit holding bitcoin. Know all its strengths and weaknesses. Discover which suits you, holding, trading, mining, etc.
I think just one thing you need to know about bitcoin, before you start an investment ..
bitcoin is a volatility (bitcoin prices can go up, and can even fall at any time) essentially you should always be ready for the worst, you should be prepare if for example you lose all your investment capital.
bitcoin is a volatility (bitcoin prices can go up, and can even fall at any time) essentially you should always be ready for the worst, you should be prepare if for example you lose all your investment capital.
I am trying to buy bitcoin . i research online take some advise from people who are involve with it ..But to get exact point its bit uncertain ...so what should i need to know before buying bitcoin?
Before buying bitcoin, try to read Satoshi Nakamoto's whitepaper. If you try to read it, you will pretty much understand the meaning of bitcoin, its uses, how it functions, ans etc. You can also try reading some articles about bitcoin and about cryptocurrency in general. You can watch videos and try to ask people from forums to get to more about bitcoin. The main point here is, yoi have to understand what bitcoin is and what cryptocurrency is before getting engaged to it
I would be careful to distinguish between buying bitcoin, and buying exchange funds.
If you buy bitcoin directly from someone, then you're buying bitcoin. If you're buying bitcoin on an exchange, it's only exchange credits until you send it to your own wallet.
You can buy bitcoin cheaper by sending fiat to exchanges
If you buy bitcoin directly from someone, then you're buying bitcoin. If you're buying bitcoin on an exchange, it's only exchange credits until you send it to your own wallet.
You can buy bitcoin cheaper by sending fiat to exchanges
Before buying bitcoin you must know about bitcoin and you are ranking study or learn more about it through reading some threads you got some ideas to know about altcoin and cryptocurencies and how to trade.
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