Bitcoin Forum

What will one need to know before investing in Bitcoin? Because as a bigginner you need to know the strategies before you start investing.

Investing in Bitcoin doesn't require one to have any technical or mathematical knowledge before thinking of investing, aslong you have some good basic knowledge about Bitcoin, and also have some nice cashflow you are good to go.

The common strategies in accumulating and investing in Bitcoin is , lump-summing (that's going all in at once), buying the dip ( purchasing when there's dip in market) , and one of the most recommended, expecially to newbie, DCAing strategy ( purchasing at any price interval either when the price is high or low , weekly or monthly with a fixed amount of money ).

Well you can do your own research concerning the strategies I listed to have a clearer and explanation so that you can have a proper understanding, if you are not familiar with it before  ;)

Investing is something you don't just dive into weather in the case of crypto currencies like Bitcoin or not. I think before you make up your mind to make Bitcoin investments you should first answer the following questions properly.

• Firstly do you know what Bitcoin investments is all about?
• Do you intend making short term or long term investment s?
• why do you wish to invest in Bitcoin?
• what is your benefit in making Bitcoin investments
• And lastly which I think is the most important, Are you ready to take full responsibility of your investment?

I think being able to answer the above questions properly should be regarded as the first step to making Bitcoin investments as being able to answer them already shows a great deal of interest and readiness to learn in the crypto space especially for your security like seed. Since you pretty much won't have hodlings of you are unable to protect your coins.

If you want to invest then you must know about the coins to invest on. And if you want to see Bitcoin as the best coin then you must gather special knowledge about it. How to invest you will get success and you need to invest by understanding when the market will be dumping and not pumping. But if you use the DCA approach to investing, you can save it for a long time by controlling the average purchase level. However, Bitcoin is quite suitable for long-term holdings and is a digital coin of choice for a wide range of investors.

Why did you, OP, decide that “ bigginner you need to know the strategies ” and so on...?
You are a newbie who registered yesterday, but you are already drawing conclusions and opening a new topic. I'm sure you're someone's alternative account, but in that case, why ask questions that have tons of answers on the forum?
Be more creative when creating topics that encourage repetition of the same responses from users. :(

I only see a couple of people writing the word "bigginner"
https://ninjastic.space/search?content=bigginner

Everything. You need to study everything. Lol.

* If you like reading articles: https://coindesk.com/learn
* If you like reading books: https://theinternetofmoney.info/
* If you like watching videos: https://www.youtube.com/playlist?list=PLPQwGV1aLnTuN6kdNWlElfr2tzigB9Nnj

Security related:
* https://chainsec.io
* https://www.lopp.net/bitcoin-information/security.html

If you want to get more technical
* https://github.com/bitcoinbook/bitcoinbook#chapters

Whenever there's a beginner introduction topic like this I always look out for your comment. I love it because it is comprehensive and tailored to suit any study style beginners may have. I'll follow in your footsteps and develop my own set of replies to these questions, much like yours.

You will have understand what Bitcoin is and is not. First you have understand that Bitcoin is not a get rich quick scheme and is a volatile asset. I suggest you visit the links provided by MK4. They are all you need to get started. As for investment strategy, I recommend you use dollar cost averaging approach, that way you can easily accumulate bitcoins without having to spend more than you can afford.

Lol you don’t want to get accused of attacking newbies now, do you ;D BTW also noticed it was not the first time a newbie had misspelled the word Beginner. I wonder if any of those accounts ever made it to full member.

everyone knows that when they invest in bitcoin, they need a strategy to be able to profit from it. if what you say is just that, without any further explanation, then your post means nothing to newbies. especially when you say that a newbie must be able to understand investment strategies in bitcoin investment, aren't you also a newbie? i don't know if you are an expert or whatever, but when your account was registered just yesterday, your post also applies to you.

so instead of giving advice to newbies, it's better for you to learn to make higher quality posts and increase the rank of your account first.

I'm always merciless towards such "bigginners" ;D
https://bitcointalk.org/index.php?topic=1926895.msg64057365#msg64057365

Investing is simpler than trading, and the simplest investment strategy is to buy a fixed amount every fixed period. For example, buy $100 weekly or $1000 monthly. Over time, you will notice that your investment portfolio grows well, even if there are some declines at times.
In investing, you must invest and learn to develop this strategy. Instead of buying at a fixed price, you will determine times when you buy in larger quantities and times when you buy in smaller quantities, and then develop when to buy and when to sell.

That's for those who always time before making investment, once the market show's decline they might choose not to invest in that particular time, they will keep timing until the makes show's green that's when they can invest, this timing method something can make you lose a very huge opportunity. However the strategy of buying at a fixed amount every fixed period I think that's the simplest strategy but when doing that you have to make sure you're investing in a profitable coin like bitcoin so that you won't regret at last.

Since you are a beginner, you have to know the basic knowledge or element of Bitcoin investment so that you won't panic in the time of the dip or the bear market and also in the bull run to sell them off. And number one thing to know is the general knowledge about Bitcoin and if it i possible other Cryptocurrencies. Then secondly the basic knowledge about wallet which is where the second question might arise which of the wallet is good to use in the investment of Bitcoin and you will see many people will recommend electrum and sparrow wallet but as a beginner it is good you use electrum then when you advance you can add sparrow wallet to it.

And thirdly you have to know how to receive and send coins. Once you open electrum wallet you will see the receive and send button click on the receive button then your address which I the public key will be shown there and your copy it and send to whoever want to sell you Bitcoin and after when you paid the person then the coins will be deposited to wallet. And when you want to sell them click on the send button but before then you have to copy the person who want to buy the coins and paste it as you click send. Then they the total amount or unit of Bitcoin in the box below the address you have posted. Then clicked Okay. Op if you need the pictorial demonstration the processes to buy Bitcoin to you newly created wallet or to deposit coins it and to sell coins from it let me know. I will teach you the how to do it. These are the basic things to know before investing in Bitcoin or other Cryptocurrencies.

And finally don't buy Bitcoin in anyhow vendor or platforms, and I don't know the particular country you are living. And please whenever you buy coins from and Centralized Exchanges (CEX)  don't keep the coins in the CEX but move them to the Self custodial wallet you have created to save your coins if you are interested in the long term investment. And whatever question you want to asked about Bitcoin and you want it secretly, you can ask the following users here and they will teach everything you need to know. The Cryptovator, The Sceptical Chymist, Charles-Tim, CryptopreneurBrainboss, icopress, LoyceV, Hhampuz, GazetaBitcoin, yahoo62278, Hugeblack, Fillippone, JayJuanGee and etc. You can ask them ny question concerning Bitcoin. Stay safe.

I grab your points. Directly and indirectly the Op seems to be test-running the ability of the forum memebers towards what they think to be acknowledged as a beginner being investing. That's likely to say that the OP either already knows the answer but not creative enough to put it in an arguable manner.
 But While having the Op the benefit of doubts, I'd assume he/she is a newbie in the forum but doesn't know about the concept of how to the forum works and doesn't know how to construct words with the submissions that proves he/she is unknowledge but willing to acquire bitcoin or related Crypto knowledges before Investing its fund.

Very simple, invest the amount you can afford to let lose or wait longer time for it to mature and profitable for you, this is the most important thing to note, in other to remain stable when the market goes in the other direction than you expected, this is very important so a not to be in a rush to sell at lose when you should have hodle a bit.

As you are new to this forum and you want to know about investing here. If you want to invest in any currency, first gain experience in investing and learn to analyze currencies. One thing you need to remember before investing is to invest with the amount you can afford to lose.

My question is you are here all of a sudden thinking about bitcoin investment do you know about bitcoin?
Also you want to choose between long term investment or short term investment to invest in Bitcoin. If you choose long term investment in bitcoin investment then you should adopt DCA as you can start investing with small amount of money in this method which helps a beginner in bitcoin investment at initial stage.

The bigginners won’t be happy with your unprovoked attacks ;D I knew something was off this morning about the OP but I didn’t think it would end this soon though. I guess I was right, these bigginners accounts do not make it to the full member rank before breaking one rule or the other. Luckily for the OP, the moderator only deleted the post and gave him a second chance. Ignorance will not be an excuse if he’s caught plagiarizing for a second time.

Since you joined this forum last wednesday you want to learn about bitcoin investment so I would first ask you to spend time on the forum. I don't know how much you know about Bitcoin, but you should know about Bitcoin trends. Bitcoin is a long-term project, if you invest and hold it, you can earn good profits. I don't know how much money you have, you can start bitcoin with any amount you want. Although there are risks involved in cryptocurrency investing, use an amount that you won't regret losing later. If you are investing in Bitcoin then one thing you should be aware of is that Bitcoin price can go in opposite direction as you invest in Bitcoin, avoid selling Bitcoin at that time, just hold your Bitcoin until the expectation is reached.

Bitcoin is not a get rich scheme, you don't invest in it in other to make quick profits in a short time because you will get disappointed(nobody can't tell its next price movement whether uptrend or downtrend). Bitcoin investment is for the long term.

Invest in bitcoin when you have the funds you can spare not the funds for important things.
Don't Invest out of FOMO, or keep your bitcoin on an exchange, and don't forget to keep your seed phrase in a safe place or have it disclosed to someone else

price goes up in the end, it's inevitable.
that's basically all you need to know.
why? because supply is fixed contrary to the $ supply

one more thing you need to know is it's "beginner" not "bigginner"

https://bitcointalk.org/index.php?topic=1926895.msg64062299#msg64062299

Now, I'm sure this is a newbie who didn't read the rules. You will laugh, but this is a clinical case. For two days in a row, he creates topics by copying from one source. I really don’t want anything bad for him, but now I can say that nothing good will happen with such a head. ::)

Bitcoin investment is not that hard to do. What you need is to learn the basic knowledge of bitcoin, and now the wallet you will use, you don't need any technical knowledge to invest. Also, study the market for bitcoin because the market is so volatile, so you need to know about that first. Before you invest, plan for a long-term investment. Also, invest the amount you can afford to lose. You can also use DCA to invest, which is the easiest way to accumulate more bitcoin.

Newbies who are just begining to know about bitcointalk and Bitcoin have so many things they need to learn.They have so many things they need to read and understand.If they do not understand those certain things,it will worry them as long as they are in this forum.First,they have to know about the forum guildlines and rule that every member of this community must abide by,and those rules include:
Avoiding plagiarism.
No spamming.etec.
When a beginner knows about something and he neglects,he is actually wanting to be a victim already.If he is aware of the rules of the forum,and he violates,I think he should also know the penalty involved.

Of course, before investing in Bitcoin, you must know the basics, because the most important thing an investor needs is a wallet. Hardware wallets would be most useful, especially in my opinion, where bitcoins would be stored. And to know the strategies of investing, if you invest with accumulated money, then you must invest by researching the market, and if you invest with a small amount of money, then you must invest in a long-term way.  You can invest by following the DCA method.

Always stay true to oneself and become promising and consistent in the space. A beginner must take his time and learn before earning. That's how to stay strong and hinted for complex information. There are many things to comprehend because the space is broad and things doesn't work just like buying bitcoin and waiting for the bull season. Everything is step by step and it's preferable to acknowledge the fact that there's always risks to be taken to be safeguarded on solid path in the market.

If a newbie is only learning about the price, supply of BTC then that newbie may lose his/her BTC due to scammers. Having tight security means a newbie always think that every second or every minute could be attacked by a malware as you may have known that it can steal your seed phrase or your mnemonic phrase if the device you are using is infected with a malware. Being knowledgeable is what will help a person in his/her journey in crypto space so, it's better that you are knowledgeable than knowing little.

At a beginner you already know that you need to know the strategies before investing, that is a great one by the way. Even without being in the forum there are a lot of places in the internet that will tell you about Bitcoin. What you actually need to do is to open your mind to learning and alot of bitcoin related articles. mk4 provided useful links and if you can follow those links you will know as much as you want to know about Bitcoin.

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Next time you should avoid asking this type of generic questions, some users of this forum do not like this type of questions because they can easily be searched and answers gotten.

As a beginner,there are several things to do to gain recognition in the forum,and also to remain in this forum and not get eliminated in less than no time.So many people died in the forum,and it never looked as if they existed here.If you are not contributing to posts, there is every tendency that you will live here for so long and nobody will recognize you.But consistency and regular making of posts can get you to where you wish to be.

It’s either you didn’t read the OP or you posted on the wrong thread. (https://bitcointalk.org/index.php?topic=5492639.0) OP isn’t asking for advice on how to gain recognition in the forum. He wants investment advice, all his topics are about the same thing. I think OP is one of those people who need a push before they finally decide to invest in bitcoin.

The Bitcoin investment is very simple antis a way of making money on a low-key, but the only things that the Bitcoin investment is need is for you know the background of of investment which are the skills of it like technical analysis and fundamentals technology.
Those are the best place that if you take your time and visit this site you can definitely aquiring much knowledge about the Bitcoin investment, this what some of the newbies that are here didn't know about and they definitely not grow with any knowledge about the Bitcoin investment. If you really want to learn much about the Bitcoin investment always be active in forum and keep more research for your own good.

You don't seem to need any special knowledge to invest in Bitcoin. Just a version of the traditional market system. However, before investing in bitcoin, you can study the DCA method, which can be of great help to you in investing.