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Author Topic: How do I educate myself on bitcoin for investing?  (Read 18833 times)
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February 07, 2017, 06:37:00 PM
 #41

Educate yourself choosing legit investments only, avoid ponzie schemes and any other kind of fraudulent scheme, avoid weak alt coins also whichcan make you lose money. I see many alt coins promising nice returns, but all of them die fast.
If you don't find a good investment, don't invest, wait for the right moment to sell bitcoins and to buy again and it can be the best investment option for you.

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February 07, 2017, 08:36:15 PM
 #42

I see many alt coins promising nice returns, but all of them die fast.
If you don't find a good investment, don't invest, wait for the right moment to sell bitcoins and to buy again and it can be the best investment option for you.
To learn about different altcoins and its investment opportunities, just watching all coin industry for some period of time would be more than enough. Because if we are watching and not investing with them, then we can learn how to select a good returning altcoins. But mostly people are not preferring to give you enough time to learn these things and burning their hands.
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February 08, 2017, 12:32:30 PM
 #43

The subject says it all, what books, resources and other things can I study so that I can make an educated decision.

I want to invest, but have no idea where to start and need to learn more about bitcoin and cryptocurrency in general before taking the plunge.

you can invest buy bitcoin or altcoin and hold to until incraese price, but the first you must lean about bitcoin and altcoin
but this i write not investment but trading, if you want invest do anything but can get return example cloud mining or hyip majority only ponzy scheme and only wait to scam

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February 08, 2017, 01:23:32 PM
 #44

The subject says it all, what books, resources and other things can I study so that I can make an educated decision.

I want to invest, but have no idea where to start and need to learn more about bitcoin and cryptocurrency in general before taking the plunge.

you can invest buy bitcoin or altcoin and hold to until incraese price, but the first you must lean about bitcoin and altcoin
but this i write not investment but trading, if you want invest do anything but can get return example cloud mining or hyip majority only ponzy scheme and only wait to scam


Are you seriously suggesting Ponzis and hyips to him? The examples you gave are bad representation of Bitcoin investments. As far as I know There's no sustainable bitcoin investment program.


 @OP but I suggest You try out Trading first. It is a more better option. To start, You may watch to check introduction vudeos on YouTube. they help

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February 08, 2017, 01:28:46 PM
 #45

For me, faucets will be the best, and if you have earnings, you can invest your money to tradings. More and more tradings will be on to you. But you should know where you can earn a lot of money. This could be one of the best way to earn basically

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February 08, 2017, 01:44:12 PM
 #46

The subject says it all, what books, resources and other things can I study so that I can make an educated decision.

I want to invest, but have no idea where to start and need to learn more about bitcoin and cryptocurrency in general before taking the plunge.

you can invest buy bitcoin or altcoin and hold to until incraese price, but the first you must lean about bitcoin and altcoin
but this i write not investment but trading, if you want invest do anything but can get return example cloud mining or hyip majority only ponzy scheme and only wait to scam


Are you seriously suggesting Ponzis and hyips to him? The examples you gave are bad representation of Bitcoin investments. As far as I know There's no sustainable bitcoin investment program.


 @OP but I suggest You try out Trading first. It is a more better option. To start, You may watch to check introduction vudeos on YouTube. they help
Trading bitcoin is really a good start or a lesson to have more knowledge and skilled in bitcoin's market. It would lead a person to know what is altcoin, cryptocoin, buy orders and sell orders and many more. It would also help us to become more practical or crtical in terms of what we should trade or what coin we should hold to grow. And part of learning such thst things is failure. This failure would teach us to become smarter and indpendent in terms of choosing what to trade or invest.
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February 08, 2017, 01:44:56 PM
 #47

For me, faucets will be the best, and if you have earnings, you can invest your money to tradings. More and more tradings will be on to you. But you should know where you can earn a lot of money. This could be one of the best way to earn basically

I think faucet is just a waste of time for the current rate of bitcoin and the amount of the faucet offers. It is better to invest on trading goods on this forum just like physical coins if you have a capital. This will gave you huge potential profit if you buy the right coin and sell it on right time.  This is the bussiness that has low risk of lossing.
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February 08, 2017, 01:50:30 PM
 #48

The subject says it all, what books, resources and other things can I study so that I can make an educated decision.

I want to invest, but have no idea where to start and need to learn more about bitcoin and cryptocurrency in general before taking the plunge.
the best place for you to educate your self about bitcoin is this forum. you are a newbie so you must start from beginning. I suggest you just don't think about investment for a while now. and only focus on reading and collecting knowledge.
and use free sources of earning to increase your knowledge and experience. there is a lot of ways to get experience about bitcoin..
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February 08, 2017, 07:44:53 PM
 #49

google and youtube is also a good reference but i would say that these forum has the most important informations regarding on cryptocurrency which we could really see important informations and you could able to self study just read and read on the informations you seek and also theres a search bar button you can always use that.
Indeed, this forum has been the best way to educate me about not just investment but also has given me the opportunity to earn money through signature campaigns, so as a new bitcoin user who has neither the money or the experience to make some bitcoin, this is the place that is going to provide you that.
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February 08, 2017, 08:01:44 PM
 #50

The subject says it all, what books, resources and other things can I study so that I can make an educated decision.

I want to invest, but have no idea where to start and need to learn more about bitcoin and cryptocurrency in general before taking the plunge.

A simple reading is enough and doing it on an actual one after learning those basics. The experience you will built here is kinda effective in the long run. You only just need the basics and advanced learning or making analyzation will automatically be your specialty. I suggest to read every replies of community in your thread.

I just want to differentiate the investing and trading. Investing is like putting money on bitcoin and let it sleep, yes for a long term purposes. Trading on the other hand are doing buy and sell at certain period of time meaning for short term or long term depends on the price movement.

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February 09, 2017, 08:14:35 AM
 #51

The subject says it all, what books, resources and other things can I study so that I can make an educated decision.

I want to invest, but have no idea where to start and need to learn more about bitcoin and cryptocurrency in general before taking the plunge.

you can invest buy bitcoin or altcoin and hold to until incraese price, but the first you must lean about bitcoin and altcoin
but this i write not investment but trading, if you want invest do anything but can get return example cloud mining or hyip majority only ponzy scheme and only wait to scam
i think one can get good information about bitcoin and alt coin from Internet, good information are also present on other web sites about bitcoin and other alt coin, one can also study about different exchanges like yobit, bitfinex, c-cex etc. from whhere one can also know and get information about alt coin about their lower and higher value and about their entire history.
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February 09, 2017, 08:32:04 AM
 #52

i think you can learning by doing so you can have both experience, in one side you learn about the method, the other side you learn about the real time to do but i am not suggesting to investing because there is a risk that you should know. i am suggesting with trading only because i think with trading, you can learn many thing and its need time before you can mastered. investing is good option if you know about the programs and you should invest with the money that you can afford and don't expect that you can make profit in short term.

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February 09, 2017, 10:21:29 AM
 #53

In educating to your self in investing, you don't need to study hard on it. You need to learn business how to earn of this kind of job. Always think or say something for yourself, 'could I earn if I invest my money? I'll give you some tips about investing but trading I don't have a tips because I only have an experience in investing. Invest only if it is trusted and many had invest it.

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February 09, 2017, 11:31:19 AM
 #54

The subject says it all, what books, resources and other things can I study so that I can make an educated decision.

I want to invest, but have no idea where to start and need to learn more about bitcoin and cryptocurrency in general before taking the plunge.

To educate my self on bitcoin, I'm going to continue reading in bitcointalk, I will update myself in crypto news, and observe what others experts in bitcoin then I'll jot down the important things  which i know is right. or am gonna mr. google about everything in bitcoin. Smiley
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February 09, 2017, 11:57:27 AM
 #55

The subject says it all, what books, resources and other things can I study so that I can make an educated decision.

I want to invest, but have no idea where to start and need to learn more about bitcoin and cryptocurrency in general before taking the plunge.

To educate my self on bitcoin, I'm going to continue reading in bitcointalk, I will update myself in crypto news, and observe what others experts in bitcoin then I'll jot down the important things  which i know is right. or am gonna mr. google about everything in bitcoin. Smiley
Bitcointalk is the best source for the self educating purpose related to cryptocurrencies. Observing news from other available sources and learning too is a good way, but the learning will be understood perfectly when you implement it with small amounts and know what's the reality.

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February 09, 2017, 02:58:28 PM
 #56

Educate yourself choosing legit investments only, avoid ponzie schemes and any other kind of fraudulent scheme, avoid weak alt coins also whichcan make you lose money. I see many alt coins promising nice returns, but all of them die fast.
If you don't find a good investment, don't invest, wait for the right moment to sell bitcoins and to buy again and it can be the best investment option for you.

Exactly, look for legit one to have good investment, since there are alot of bitcoin investment sites that goal is only to scam other money, just be alert to those glittering words that the sites offer, even the alt coins do the same thing not only in bitcoin.
OP there are  might books that offer investing strategies but it will ask you money to have it, there are also free books out there that you can have.

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royalfestus
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February 09, 2017, 03:17:05 PM
 #57

Thre are plenty of resources available on the internet to learn about trading, however, I deeply believe in gaining experience from actual trading because practical experience makes it more memorable to avoid mistakes in the future. I would suggest you to start studying price movements on the chart, don't be greedy to invest without understanding the movements. It's a trading and risk is associated with it so don't worry if you suffer loss (almost everyone suffered it in their initial phase). Do your own research BEFORE INVESTING. You will get good experience over the time.
Not everyone can see what you see on those charts. It will require another education to read the price of cryptocurrency on charts, except you have a prior knowledge in a relevant field.

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machinek20
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February 09, 2017, 03:49:16 PM
 #58

I will suggest you to learn what is the factor that affected bitcoin price to go up and down, learning by experience is the best, but you need to know some basic, you can learn from youtube or google, but the main point of trading is updated news and skill
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February 12, 2017, 09:11:21 AM
 #59

Thre are plenty of resources available on the internet to learn about trading, however, I deeply believe in gaining experience from actual trading because practical experience makes it more memorable to avoid mistakes in the future. I would suggest you to start studying price movements on the chart, don't be greedy to invest without understanding the movements. It's a trading and risk is associated with it so don't worry if you suffer loss (almost everyone suffered it in their initial phase). Do your own research BEFORE INVESTING. You will get good experience over the time.
Not everyone can see what you see on those charts. It will require another education to read the price of cryptocurrency on charts, except you have a prior knowledge in a relevant field.

Such knowledge and experience come from doing mistakes, I have lost 100% of my capital many times when I started trading, it was my mistakes and those mistakes are proving helpful today to avoid the traps and gain profits from real opportunities. Even satoshi was once a beginner and he built this bitcoin empire by learning from experience and mistakes.
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February 12, 2017, 10:17:30 AM
 #60

The subject says it all, what books, resources and other things can I study so that I can make an educated decision.

I want to invest, but have no idea where to start and need to learn more about bitcoin and cryptocurrency in general before taking the plunge.
you should try. because without trying you will not get a valuable experience. I am sure when you dare to take an action, then you will know what you will get. it is a very easy and quick to understand.
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