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Author Topic: How do I educate myself on bitcoin for investing?  (Read 18833 times)
digaran
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February 13, 2017, 07:59:09 PM
 #81

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.
While it is right that we learn from our experiences and wins and losses but actually I have been trading since 6 months or more and almost like lost 1 bitcoins plus in these alt coins trading while I am yet to understand how to spot a good coin. I just see the hype created by them get tempted and buy the coins. A classic example is ICONOMI coins.

Iconomi is no scam but many people involved with it are greed mongering degenerates. iconomi already reached 4 times the price of ICO and if whales try to force you to panic sell your tokens it's not ICN's fault.
If you are looking for ways to learn about how to earn money from crypto then you should spend 6 hours a day on this forum and just read.

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February 14, 2017, 07:34:13 AM
Last edit: February 14, 2017, 07:56:49 AM by BlueStackz
 #82

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 am quite agree with you that if you have experience and enough bitcoin then you should try trading I think it is the best way to increase your money in no time. Investing is always risk involved and getting learned about will not help all the times. But trading will help us only once we learn it.
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February 14, 2017, 03:37:22 PM
 #83

If you want to get scammed very fast go for ICO and alternative cryptocurrencies education hassle, if you want to play smart and grab an extraordinary opportunity then just sell everything you've got in your life and buy bitcoins with all of it.
6 months from now you will say thanks to me.
That is true but friend how will a person survive if he sells everything for an asset that you also suggest to sell after 6 months, I mean the panic would be enormous and life changing plus we all need to fulfill our basic needs and hence quite difficult this.
We all ( at least me and my friends ) knew that BTC would fly after the new year yet we didn't bought much.
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February 14, 2017, 11:36:27 PM
 #84

you can read some threads here about investing, probably at economy board. if I'm not mistaken,, I've ever found an e-book about the wyas of earning bitcoin. probably the book contains strategy to invest.

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February 14, 2017, 11:42:17 PM
 #85

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.

Educating yourself by practising is the best answer for my opinion. You have to try try and try and then you will learn what you have done.

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February 15, 2017, 02:21:32 AM
 #86

perhaps by seeking in-depth information about bitcoin, and trading. besides, the activities directly required to do, because most accurate information, can be obtained from the experience. Well, besides that, you can also find information about bitcoin, and altcoin in this forum, that you need is perseverance.

I agree, experience is the key. I started learning about bitcoin simply by making small purchases and transactions. Small transactions won’t give you much profit, but it’s a great way to get familiar with bitcoin, and figure out some of the finer details involved in the market, and how to trade.
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February 15, 2017, 02:35:46 AM
 #87

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.

Educating yourself by practising is the best answer for my opinion. You have to try try and try and then you will learn what you have done.

this is a good answer for the question because if we only read the information but we don't practice then what we read is no use and we can not have any experience with what we have. it is better to trying to practice with what we learn so we can learn more and of course we can increase our knowledge by doing that. but i think it is only work in trading and i don't know with other thing outside of trading.

to educate your self on bitcoin on investing is you need to learn about the investing, you need to trying to investing at least with small amount so you can know the difference between investing, trading, and other type. only select a good program investing for your bitcoin because once you make wrong decision, you can not make profit in the end.

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February 15, 2017, 02:50:24 AM
 #88

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.

Educating yourself by practising is the best answer for my opinion. You have to try try and try and then you will learn what you have done.

Basically, if we are already doing a small trade and that's already giving a lot of the knowledge for us about doing a trade.
Try and try, but the important thing to keep our eyes on the development's project. It will make a hype ASAP.

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February 15, 2017, 11:43:03 AM
 #89

If you want to get scammed very fast go for ICO and alternative cryptocurrencies education hassle, if you want to play smart and grab an extraordinary opportunity then just sell everything you've got in your life and buy bitcoins with all of it.
6 months from now you will say thanks to me.

terrible advice!
no matter how good an investment may look or even actually be good, you should never invest more than you can afford to lose.
we all know bitcoin is a good investment and with a good future and lots of profit. but you can't be ignorant enough to overlook the risks.
and risks are not just about risk of price falling. there is also risk of losing the private keys, it can be hardware failure, misplacing your cold storage paper wallet, and theft.
Indeed. Such advice I got from people in exchange sites when i ask which coins I should buy.
One guy told me (long time ago) that I should buy reddcoins (or something like that) with all the money I have in my house, bank and anywhere. Even suggested me to take loan and now you see that.

Hence while I agree bitcoins would never face such a dump but actually investing all we have is quite risky and a change of $50-100 per bitcoins can make the person panic badly.
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February 15, 2017, 11:50:20 AM
 #90

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.

If you know to yourself that you are learning according to what you mentioned. You can do invest anytime you want, but if your not sure about the thing that you wanna do don't insist to do it. But I suggest you to be more active in this forum then try to join the in the signature campaign.
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February 15, 2017, 11:57:42 AM
 #91

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.
If you want to get educate himself for bitcoin investment then you should learn about the better trading stretagy from the google because if you understand well about the bitcoin trading then you will surely got understand about the bitcoin investment .
When you get full education about the bitcoin then you will understand properly that at which time to buy bitcoin and hold for how much long time , I mean you will get knowledge timing to buying and selling for bitcoin .
Secondly if you want to learn bitcoin invest in any site then you should control yourself for this type of invested .

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February 15, 2017, 01:39:19 PM
 #92

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.
Well I don't know about the books but the source about bitcoin and crypto currency
we can find the informations on bitcointalk,
I think the informations about digital coins are enough for study.
You can find what will be learned, trading, mining, gambling and on here is completes for me.
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February 15, 2017, 01:47:02 PM
 #93

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.
Well I don't know about the books but the source about bitcoin and crypto currency
we can find the informations on bitcointalk,
I think the informations about digital coins are enough for study.
You can find what will be learned, trading, mining, gambling and on here is completes for me.
I do strongly agree on what you have said I don't need any ebooks or any other stuff since this forum do really have all the information you will need regarding bitcoin and other alts the information are all in one and incase you do have thing you didn't understand you can simply ask the community which are always ready to help you out.

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February 15, 2017, 02:33:59 PM
 #94

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.
Well I don't know about the books but the source about bitcoin and crypto currency
we can find the informations on bitcointalk,
I think the informations about digital coins are enough for study.
You can find what will be learned, trading, mining, gambling and on here is completes for me.
I do strongly agree on what you have said I don't need any ebooks or any other stuff since this forum do really have all the information you will need regarding bitcoin and other alts the information are all in one and incase you do have thing you didn't understand you can simply ask the community which are always ready to help you out.

books, ebooks and all other resources that people usually suggest are for basic knowledge about trading and it is a very good idea to start reading these resources as a beginner like OP so that you can know some basics about trading.

but after that initial state, yeah you can stop reading these and follow bitcointalk and other information you need.

There is a FOMO brewing...
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February 15, 2017, 03:00:50 PM
 #95

Well I don't know about the books but the source about bitcoin and crypto currency
There are many resources are easily available, moreover we do not need any specific books which are specialized for bitcoin or cryptocurrency trading because trading is always common for any commodity. Just learning the basics of trading will help you to achieve desired results in bitcoin trading too.

But theses resources will help only for some certain point, after that practical knowledge only will help.
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February 15, 2017, 03:05:47 PM
 #96

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.
Well I don't know about the books but the source about bitcoin and crypto currency
we can find the informations on bitcointalk,
I think the informations about digital coins are enough for study.
You can find what will be learned, trading, mining, gambling and on here is completes for me.
I do strongly agree on what you have said I don't need any ebooks or any other stuff since this forum do really have all the information you will need regarding bitcoin and other alts the information are all in one and incase you do have thing you didn't understand you can simply ask the community which are always ready to help you out.

books, ebooks and all other resources that people usually suggest are for basic knowledge about trading and it is a very good idea to start reading these resources as a beginner like OP so that you can know some basics about trading.

but after that initial state, yeah you can stop reading these and follow bitcointalk and other information you need.
This way will do but its very time consuming instead of reading those ebooks better to go to this forum directly since both basic and advance knowledge is already here but still it depends on how people will norture himself on learning on cryptoworld.

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February 16, 2017, 06:28:57 AM
 #97

Well I don't know about the books but the source about bitcoin and crypto currency
There are many resources are easily available, moreover we do not need any specific books which are specialized for bitcoin or cryptocurrency trading because trading is always common for any commodity. Just learning the basics of trading will help you to achieve desired results in bitcoin trading too.

But theses resources will help only for some certain point, after that practical knowledge only will help.
You are talking about books and other related trading but you don't give source about
what are you talking about, I think you have to put the source about the books at least the link or online shops of them, it will be more complete with what are you talking about. What's I know there are not books that talking about trading digital coins.
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February 16, 2017, 07:17:10 AM
 #98

Well I don't know about the books but the source about bitcoin and crypto currency
There are many resources are easily available, moreover we do not need any specific books which are specialized for bitcoin or cryptocurrency trading because trading is always common for any commodity. Just learning the basics of trading will help you to achieve desired results in bitcoin trading too.

But theses resources will help only for some certain point, after that practical knowledge only will help.
You are talking about books and other related trading but you don't give source about
what are you talking about, I think you have to put the source about the books at least the link or online shops of them, it will be more complete with what are you talking about. What's I know there are not books that talking about trading digital coins.
There are millions of trading books available online for free of cost. If you ate not able to find them by useful then how you will be able to do research and analysis for the success of your trading. Yes, we should not expect an exact solution only the directions will be more than enough.

The another reason would be we need to choose a right materials based on our preferences, The choices do not need to be same for different people as they might have different level trading capability for example.
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February 16, 2017, 11:19:50 AM
 #99

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.
I Suggest you to Learn Before Investing in Bitcoin or any other Cryptocurrency because If You Invest in Bitcoin or any other Cryptocurrency without having the Proper Knowledge about the Coin I'm which you are Investing then you will end up just losing your money......
So I Suggest you to Focus on Learning first not Earning......
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February 16, 2017, 12:17:52 PM
 #100

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.
Well I don't know about the books but the source about bitcoin and crypto currency
we can find the informations on bitcointalk,
I think the informations about digital coins are enough for study.
You can find what will be learned, trading, mining, gambling and on here is completes for me.
I do strongly agree on what you have said I don't need any ebooks or any other stuff since this forum do really have all the information you will need regarding bitcoin and other alts the information are all in one and incase you do have thing you didn't understand you can simply ask the community which are always ready to help you out.

books, ebooks and all other resources that people usually suggest are for basic knowledge about trading and it is a very good idea to start reading these resources as a beginner like OP so that you can know some basics about trading.

but after that initial state, yeah you can stop reading these and follow bitcointalk and other information you need.
This way will do but its very time consuming instead of reading those ebooks better to go to this forum directly since both basic and advance knowledge is already here but still it depends on how people will norture himself on learning on cryptoworld.
Its really time consuming for me same as zadicar said i would rather read informations directly on this forum and ebooks information are too far away which is contained on this forum.

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