Bitcoin Forum

Give me some tips on how not to lose everything at the start

I won't give you reasons why you should invest in Bitcoin. That's your own decision.

If you decide to buy Bitcoin for investment transfer it to a safe paper wallet and hodl it. I would stay away from trading activities (and altcoins in particular), because more than 90% of traders will loose in the end.

You are already here and somebody told you about this opportunity, so what do you need more. Check the rest of the forum and you will find thousands of pages, questions is maybe in different form but it was asked countless times.  Do not invest all and you won't lose all.

My 10 reasons:

1. You coudn't resist the price
2. new disruption approach( Blockchain)
3. usable
4. transaction posted publicly
5. Anonymity
6. secured, encryption
7. fund transfer low fees
8. Coins generated has limit (High Demand)
9. Decentralized nodes
10. make profits

Of course it is still you who will decide.

Risk? its up also with you how to minimize it, or possibly mitigate it.

I do not even need to explain why you should invest in bitcoins. Your decision and, of course, knowledge about bitcoins will tell you a ten-fold reason to invest in bitcoins. But since I've seen that you're a beginner about it, this is what I can give you. Bitcoins started at $ 0.15 in 2007 if I was not mistaken. And in the current year it has bore nearly $ 5,500

Tip #1 - Do not invest more than what you can afford to lose. {Do not make debt to buy bitcoins}

Tip #2 - Buy low and sell high {Rinse and repeat several times, until you made back your initial capital invested}

Tip #3 - Do not invest in Get rich Quick schemes. {When it looks too good to be true, it probably is}

Tip #4 - Do not Panic at every small drop in the price. {Hoard Hoard Hoard as long as you can.}

Ok, now go out and apply these tips... you will be successful if you follow them closely.  ;) 8)

below are the 10 reasons to invest in bitcoin based on my own view.

1.   cashless transaction
2.   profitable investment
3.   protect your identity/respect your privacy
4.   easy trading
5.   continuous growing of market
6.   It is decentralized
7.   less tax on your purchase
8.   Fast way to achieve your 1st million
9.   safe and secure
10.   long term growth potential

 Take note that risk is always present when we are investing, so its up for us to to deal with these.

 educate your self in bitcoin market /trading by doing research and  a lot of reading before investing.  always remember that invest or spend  only the money that you can afford to lose.

You can find answers on google. There are many sites that analyze bitcoin very well. You can read them ;)

There are so many reasons Here in this Forum, I will not give you Reasons,  I will Only Give you Advice.
Many have Doubted Bitcoin in the First Place When Bitcoin Was Introduced in the Internet Some of Them Really take Action and Eventually they are now the so called the millionaires.
 Do Some Researching because if you will just Only believe on the answers of your question without Trying to experience in investing in bitcoin then it will be  waste of time and Money,
 if you Will be able to experience then you will also be able to evaluate yourself.
Just Keep on trying So You Will not be dismayed after years and will not make reasons why you did not start Investing.

if you had to create a thread to ask that.. dont buy !

Those bolded are simple not correct, and can be used as marketing for other coins.
Yesterday one exchange took me more than 10$ for transferring 130$ worth BTC. ZCash for example has almost all features as Bitcoin + anonymity using zkSNARKs technology.
Price per unit now is 6x bigger than it was at the beginning of the year. Investors could be confused with this extraordinary demand and amazing price rise.

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Why then BTC? Because it is most popular as first of its kind. Because big capital flows in it while we are speaking. Because it is already mainstream!

Do you need 10 reasons to invest in Bitcoin? Just one reason is enough, Bitcoin is extremely disruptive.

Are you able to find another investment which grow as much as Bitcoin?

1. The bitcoin is based on the free will of people who made the choice in a favor bitcoin
2. The right of creation and issue is concentrated in hands of ordinary people
3. Bitcoin - the financial system based on the right of possession of an asset, but not on debt obligations
4. If everything goes according to the plan, then there will be the most scale distribution of the material benefits in the history of mankind
5. Huge advantage of bitcoin in the digital world - impossibility to duplicate or copy transaction
6. The bitcoin promotes elimination of financial discrimination
7. The bitcoin is money de facto, but not de jure
8. Bitcoin and a blockchain - one of the most revolutionary inventions for the last century in the field of economy which transform the concept "monetary asset" to other plane
9. The bitcoin has all opportunities for creation of the really free market.
10. And last, the bitcoin isn't studied completely and isn't used for all 100 percent therefore its cost will only continue to grow     

You should really not need a reason from some strangers on the internet telling you why to buy bitcoin.  If that is the case you might as well sit in a yahoo " how to make money " in penny stocks chat room. The reality everyone is different for example if you in Venezuela bitcoin is a good way to fight hyper inflation. In North Korea it can be used as a way for people to store value from a oppressive dictatorship. In the USA  can be used as a way to dream of financial independence or as a way to send money for lower costs.

Just buy Bitcoin nad sell at 2020 it will make you rich :D dont waste youre time to invest hyip or Ponzi

These are my  reasons
1. Has a larger market value among other cryptos
2. Being more in demand
3. High rate of increase on its market value
4. Profitable
5. I can't give more. Invest to Bitcoin if you are aiming for huge profit. You may read articles about how fast and big is its leap on its market value within jist a year particularly on this year. The increase is what gives its users especially investors huge profit since as the value is increasing the profit is getting bigger. And that's enough in my opinion to call Bitcoin a good investment.
 

Probably the only reason of why a lot of people are investing in bitcoin right now, and that is disgusting. I am still seeing dozens of new investors saying that they only feel attracted to it because the price is *rising*


Not anonymous anymore, the IRS and the US are trying to do as much as they can in order to ask for ID to everybody who owns bitcoin, AKKA KYC/AML.


Maybe you are right, but if a newbie wants to send $10 worth of bitcoin to someone, if he does not use a segwit chain, he will have to be paying more than $4 worth of fees (about 40% of the TX)


Descentralized only at a limited point, every government, specially the US and China are trying to centralize it by stupid methods, like shutting down exchanges, creating *centralized coins* (like russia/cryptorruble)

I'll leave you with one: It is a deflationary currency, which means its value is expected to grow in the future when the supply becomes more and more scarce while demand goes up. This alone makes it a good investment choice, worth at least a small percentage of allocation in your investment portfolio.

Hope it helped :)

You seem to be of the mindset that we as investors on Bitcoin should tell you what why we bought into this opportunity, and with that said each of us came aboard for our own personal reasons. Why don’t you bring something new to the table and explain what you bring.

You know what? I don't have 10  reason to give unto you but I have one reason that are so effective ehy you need to invest in bitcoin. The main reason is because bitcoin is the next currency intire the universe.

Buy and hold till 2020 ,  you will be a millionnaire  8) 100% sure!

If you are really interested in making money then yoy really only need one reason why you should invest into bitcoins and that is you step going to make even more money than even gold. If you feel that this isn't an enough reason to invest into bitcoins,  then I suggest that you don't invest in the first place.

1) Huge ROI
2) Bitcoin is cool
3) Bitcoin is a new technology
4) It is backed by the blockchain
5) It is backed by mining power around the globe
6) It is going up to $1,000,000 in vlaue
7) Bitcoin is the king of all cryptos
8) Why not?
9) Investment for your future family
10) People will be interested that you own BTC

Let me correct you, Bitcoin will probably be the most used currency in all over the world.


Try to stay away from this forum if you are only going to post crap with nonsense and with crappy english too.

Bitcoin is trying to get more adoption in the whole world, but it does not means that it will be the next big currency, because we dont even know if it is really going to happen.

At least, not for now, bitcoin is getting more exposed at the moment, but it does not means that in two years or five years from now it will be replacing dollar, because it is false.

Why can't you give more than just 4 reasons? You realize that is like nothing and there are hudnreds of reasons to invest into Bitcoins, right? You shouldn't just put so little of effort into your posts and instead contribute something meaningful instead of just posting like that one and without much thought behind it. I can personally think of tons of reasons to invest in Bitcoin.

profitable investment
easy trading
secured
fund transfer low fees
less tax on your purchase for now
safe and secure
Decentralized nodes for now
 ;D

These are the most important reasons, and are why Bitcoin and blockchain will continue to grow in importance as a storing of value like gold.

It is out of government control, and will force governement to return  to so e kind of gold standards.
Fiat and their associated war mongering arms broker militirized governments are finished, bitcoin makes this possible.

How about $10,000 reasons? And maybe about $15,000 by the First Quarter of 2018. If that doesn’t convince you to invest in bitcoins, I don’t know what will.

Just one reason is enough to make investment on bitcoin that is it will make you rich in the future. :)
As far my knowledge bitcoin is being the best ever investment it is giving the good profits when compared to other investment like gold or real estate even stocks the better option is bitcoin.
But no one force you to invest on bitcoin if you want you can but know about the risk of bitcoin investment.

here is my reason why you should invest to bitcoin because the regulators and Governments Are Slowly Increasing Their Acceptance of the Bitcoins When bitcoins came into existence in 2009, most governments and financial regulators were skeptical because the digital currency did not have any centralized regulation. They were also concerned with the anonymity of transactions. This, however, changed with time.

1.no paper works you dont need to fill up some transaction paper to send money.
2.no taxes no third parties
3.low transaction fee
4.the value is getting bigger your profit will be bigger too
5.no tracking cannot be trace to anyone
6.avoid theft,they cant stole your bitcoins for some just information.
7.with bitcoins you can access historical sites that some dont know
8.bitcoin transactions can be completed with just minutes no wastage of time
9.bitcoin is the only payment with no reversal
10.bitcoins price now is high and one day it will reach $1M it is unstopable

Whatever else you decide to do with it just make sure that you store is on your own computer with a paper backup of your wallet kept safe under lock and key.

    You dont need a lot of reasons to invest in bitcoin. If you really want to earn money in bitcoin just go for it. Do some research in google,youtube even here in forum give time to read to get more knowledge how to invest in bitcoin with out doubt.You will see if what bitcoin can do into your life.

Investing is a some form of a gamble. You cannot invest unless you are prepared for the consequences it it fails.

i would like to suggest you all these reason


1. You coudn't avoid the cost

2. new disturbance approach( Blockchain)

3. usable

4. exchange posted freely

5. Namelessness

6. secured, encryption

7. subsidize exchange low expenses

8. Coins created has restrain (High Demand)

9. Decentralized hubs

10. make benefits

All depends on the type of investor you are, for long time period investor you will need to have a set target of profit that you want to make from your investment. And if you are a hit and run or short period of time investor you will stake to money management policy to avoid uncertainty in the crypto currency market.

Here reason are unlimited accordi to understanding and knowledge , but here I have many another reason that I can tell you perfectly that what you will get if you can invest today .
First of all the mining of the bitcoin become tough that will results into lack of supply of the bitcoin and that will results into profit .
Second thing is that demand of bitcoin increasing rapidly , so better to invest .
Third reason is the fork in the bitcoin Because every hard fork in the bitcoin is resulting in the new coin and we are getting free coins equal to the amount of the bitcoin we have in our Wallet , so why not we should have bitcoin in advance before the hardfork .
So if you want make money then you should invest in bitcoin today and enjoy the fork and increasing price in bitcoin .

do not invest in a site that makes you feel quick to get profit in just 1-3 days because it will make you lose everything, learn to predict the price because it will make you more have a lot of coins when trading (1 important thing that is resistant when trading when the price is down do not sell).

What reasons do you need? A couple of months ago Bitcoin was $ 2,000, and now $ 16,000. Is not that the reason for the investment?

I think this day is too late, see the higher bitcoin prices.
but maybe you can take advantage of the opportunity when the bitcoin price goes down. but it will take a long time and will only go down a bit.
then try to buy bitcoin a little bit, in the next 2 years maybe anad will have a lot of bitcoin.

Be sure to understand the bit coin and the block chain, and ALT should also know it. It is important that you know a lot of information without following the flow.

Why do you need so many reason yo invest in bitcoin?

Nobody will force you to invest in bitcoin so it is your own decision.
I need and i know only one reason. This is the main reason why i invest in bitcoin. It is bitcoin can give me high income by trading or something else. The income that i can use to increase my economy life. Thats it.

Generally speaking, bitcoin is a cryptocurrency used by online firms and big businesses worldwide. One of the biggest advantages of bitcoin is that the currency can cross borders easily — facilitating international trade.

For the purposes of investing, bitcoin is similar to any other currency (or commodity) investment. This means, when it comes to your investment return, bitcoin faces the same uphill battle as investing in:

gold
agricultural products
fine art
oil
In other words, at any given time, bitcoin is worth whatever the market says it's worth. While this isn’t a problem in itself, investing in bitcoin does pose some specific challenges. As sexy as investing in bitcoin sounds — and despite the recent run-up in price
Its just basic presentation
Choise is yours.

1. Nobody controls your account/wallet only you
2. Holding Bitcoin is profitable
3. Bitcoin is the best coin in the world made (coinmarketcap)
4. The first coin ever made
5. Very good secured no hack has been done to Bitcoin
6. Nearly everyone knows about bitcoin who is in crypto
7. Proven not a scam
8. The price is rising and rising
9. Nobody controls the coin
10. No tax only when you cash out in your currency

This is my list :)

(1) $29.29
(2) 58.59
(3) $117.18
(4) $234.36
(5) $468.75
(6) $937.50
(7) $1,875
(8) $3,750
(9) $7,500
(10) $15,000

Bitcoin's journey thus far over the nearly 10 years it's been around. 10x over less than 10 year. Pretty unreal growth. And if that growth scares you, realize that we've had over 10 cycles this year where Bitcoin has set a new high, corrected, recovered, and set a new high.


Invest slowly. If you have $1,000 total to invest, buy Bitcoin in $100 or $250 increments over the course of several months. That way you're spreading out your risk and averaging the best price over that time period.

If you want to invest just trust, bitcoin is proven and it is legitimate.
It is good source of income and many have witness and experience the oppurtunity that bitcoin can provide.
This thing must be enough for us to motivated to invest in bitcoin and you will not surely lose everything.

You want reasons  to invest in bitcoin  :)

-First reason : if you invest you will be more concerned by the blockchain technology
-you will maybe become rich
-if tou invest what you can you won't have a lot to loose
-you will can buy altcoins
-you will be happy.... happy happy and happy again :P

Here are the some reasons for me to invest in BITCOIN:
 
 * It has Multiple Applications.
 * Potential Gains Outstrip Potential Loses.
 * Scarcity and Declining Inflation.
 * Investment Squared.
 * Instant Access.
 * A Hedge Against Currency Risk.
 * A Safe Haven from Bank Crises.
 * An Ethical Investment.
 * Its exciting!

You must invest in bitcoin because of the following reasons:
1. It will double your money.
2. You can control or monitor your money through your phone, laptop, pc and other.
3. If you earn a lot no need to pay taxes.
4. You will be updated about cryptocurrency.
5. Your money is safe and,
6. It will be save for future purposes or emergency cases.
7. It is proven and tested by the investors.
8. Bitcoin is keep on rising its value.
9. It has a high demand in the market.
10. Bitcoin reveals its own success on the crypto world.

INVEST NOW! 😊😊

there's no reason for the reason for you to invest in bitcoin because many are investing too because I'm in legit sites you get a bitcoin but you just have to make a big investment for it and it's time to recover your investment in bitcoin investment but I think I do not have to examine how much you invest here and how much money you spend for it just want to get the best outcome of your investing and inspiration for it.

Loss is always involve in any investment including bitcoin or cryptocurrency.
The main reason why choose bitcoin investment because bitcoin price mostly growing up rather than goes down.