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Author Topic: How do I educate myself on bitcoin for investing?  (Read 18833 times)
Sled
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April 09, 2017, 02:54:12 AM
 #261

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.

For investing is just easy, investing is for long term or short term but the best is for long term because that is a huge profit when in terms if you invest in legit coin example for bitcoin bitcoin is the best for long term investing because as time pass by especially year it price will pump so high every year so I want you to go in long term investment.
Not all the times bitcoin will go pump very high, i think. Because it is all depends in the development of the bitcoin. If bitcoin will have a good development and great progress through out the year then it is very clear that it will pump. But sometimes the bitcoin is not pumping that high because of the bad rumors that are keep in spreading in the internet, so i think it is best to invest in bitcoin for long term and a little bit short term.
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April 19, 2017, 12:47:53 PM
 #262

You've put your money into bitcoin and it's already was including on investing your money in bitcoin. You must learn more about it, I think you're the complete beginner. The important thing about to keep your investment is always secure in your cold storage.

first, we need to study like reading books,journals and attending seminars as well. some people pay for it and enrol  to schools just to learn and have full understanding on investing.
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April 19, 2017, 01:04:18 PM
 #263

I advise you to keep trying to do your best. You should try everything that can be done.
Because your experience will increase. Believe me that experience is an important point in trading.
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April 19, 2017, 06:43:48 PM
 #264

I advise you to keep trying to do your best. You should try everything that can be done.
Because your experience will increase. Believe me that experience is an important point in trading.

Yes, you need to try different options for investment experience and learn all the useful information. Only it is necessary to show great patience to this.
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April 19, 2017, 07:14:50 PM
 #265

I advise you to keep trying to do your best. You should try everything that can be done.
Because your experience will increase. Believe me that experience is an important point in trading.

Many trading and exchange site are rising in bitcoin comparable to gambling sites. It shows that you make more bitcoin in btc trading. I have do trading in Dubai and other Asian region in LBC. Its seems so easy to make profit by looking at the price chart frequently and fix the trading range. Please check the link below find how to do btc trading in localbitcoins.

https://www.youtube.com/watch?v=V2-hayqtyuw
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April 19, 2017, 07:30:26 PM
 #266

Have a different source of information so you can compare them because not all shares on the internet is real. Internet can really help you to have the answer on your questions, start from the basic because there no other process of learning. Self study is enough if you are well determined, study learn and application. That's it.
but education about bitcoin is not so much on the internet. lots of website and videos available.
but most of them are totally useless and time wasting..

I think the best source informations about bitcoin and other related with bitcoin is from bitcointalk
we can ask something what we don't know than search the informations on internet as you said
 it is waste the time because of so many informations on there.
yes that is very right i think we can also get good information about bitcoin from internet, even get good information about bitcoin from through social media.
Of course, you will get the source of information on the internet since bitcoin is a digital currency that needs to be online/internet to be able to access it. I think you are pertaining in to browser which allows you to go with various sites that would help the matter you are looking for which in this case is to have a knowledge in bitcoin investing.
yes that is right to say that one can get any type of information about bitcoin through internet, as any kind of information are present on internet, bitcoin is really a online currency it need internet to operate, but i think in present time there will be not such country where the facility of internet will not be present as we can see that the facilities of bitcoin are present throughout the world.
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April 20, 2017, 05:27:26 AM
 #267

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.

For investing is just easy, investing is for long term or short term but the best is for long term because that is a huge profit when in terms if you invest in legit coin example for bitcoin bitcoin is the best for long term investing because as time pass by especially year it price will pump so high every year so I want you to go in long term investment.
there are many sources present on the internet to educate your self on crypto currency but  if you have to educate your self in the term of trading so i think the best method is the practice of it. you have to start with the little amount of btc and gain some experience of it first than after learning all the ethics of it you should start properly.
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April 20, 2017, 06:34:19 AM
 #268

I myself did some research before going into trading, what I did was I watched a lot of youtubers who educate you on what to do and what are the commonly mistakes newbies do when trading. I highly doubt there are books available for that since technology is widely used rather than going to libraries. And now I'm here at bitcointalk too learn more about it.

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April 20, 2017, 06:07:34 PM
 #269

I advise you to keep trying to do your best. You should try everything that can be done.
Because your experience will increase. Believe me that experience is an important point in trading.

Yes it is true, besides you have to read a lot and look for information about bitcoin, you also have to find out about trading and investment techniques, it's a little way to educate yourself in order to get a better investment, that way, you will have Knowledge and skill, Then you will find ways and strategies for the benefits and success of bitcoin, and I agree, experience,
.. yes, experience becomes important, because with experience you will learn directly, you will know your shortcomings and weaknesses from Experience, and with your experience will be more Be careful in making decisions
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April 20, 2017, 09:51:40 PM
 #270

I myself did some research before going into trading, what I did was I watched a lot of youtubers who educate you on what to do and what are the commonly mistakes newbies do when trading. I highly doubt there are books available for that since technology is widely used rather than going to libraries. And now I'm here at bitcointalk too learn more about it.

lol. haven't you heard of the word e-book? it is basically a book in a digital form. you might not be able to find book in a paperback on libraries but

there are tons of ebooks on the web. for example is this which you can get for free https://www.scribd.com/document/222803792/A-Beginner-s-Guide-to-Altcoin-Day-Trading

and this one is available both in paperback and digital form https://www.amazon.com/Bitcoin-Trading-Investing-Beginners-crypto-currency-ebook/dp/B00TQ0J12S.

you shouldn't limit your resources, don't search only on youtube. use google.

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April 21, 2017, 01:10:46 AM
 #271

I educate myself thru reading quote about bitcoin, also reading blogs and watching advertisement in youtube.com regarding bitcoin. Also one of my friend influence me to study the system flow of bitcoin in the market and how it use.
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April 21, 2017, 02:28:12 AM
 #272

I educate myself thru reading quote about bitcoin, also reading blogs and watching advertisement in youtube.com regarding bitcoin. Also one of my friend influence me to study the system flow of bitcoin in the market and how it use.
That's great but let me suggest to you to focus only on relevant information, there are a lot bitcoin related information you can read in the internet but you only have a limited time so make use of your time properly. Bitcoin is the future and I just do not believe without educating myself, we will see more progress in years to come so it's good to continue studying about bitcoin also.

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April 21, 2017, 03:01:59 AM
 #273

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.
Reading some books can only teach you about the certain terminologies or give you the basic concepts of how to see profit and loss, it won't teach you to know the profit beforehand, that I think only comes from experience. That too is not certain or 100%, but with experience one can have a better judgement on the probability of profit from a certain trade.
So, good luck. 
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April 21, 2017, 03:28:24 AM
 #274

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.
Reading some books can only teach you about the certain terminologies or give you the basic concepts of how to see profit and loss, it won't teach you to know the profit beforehand, that I think only comes from experience. That too is not certain or 100%, but with experience one can have a better judgement on the probability of profit from a certain trade.
So, good luck. 
experience is the best teacher where we can better adapt to the situation in investing and sometimes problems that can't be solved in books can be solved through experience

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April 21, 2017, 03:50:27 AM
 #275

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.
Reading some books can only teach you about the certain terminologies or give you the basic concepts of how to see profit and loss, it won't teach you to know the profit beforehand, that I think only comes from experience. That too is not certain or 100%, but with experience one can have a better judgement on the probability of profit from a certain trade.
So, good luck. 
experience is the best teacher where we can better adapt to the situation in investing and sometimes problems that can't be solved in books can be solved through experience
What is important is you always learn from your experience, you will not grow if you will not learn. Most of us failed in our first try but
if we keep learning every time we fall, success will be the next thing we can see, and that time we will be earning money in bitcoin.

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April 21, 2017, 04:19:32 AM
 #276

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.

Books, forums, and other things will really help your knowledge about bitcoin and cryptocurrency. But i say experience is always the best teacher. If you are afraid to risk a lot of money then you can start by investing only few amounts where you are ready to lose it. Every mistakes will teach you a lesson which will make your strategies even better in the future. Once you get the hang of it then you can put some large amounts and earn good profits for yourself.
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April 21, 2017, 10:40:03 AM
 #277

There is a lot of external information about investing online and on the  forum which you can make use of and you can get a hands on experience investing in bitcoins which you will get good at with time.

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April 21, 2017, 10:43:25 AM
 #278

My approach is to listen to people on this forum and ask questions. Then just try different things. I've tried lending, trading, and investing as ways to build my Bitcoins.
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April 23, 2017, 03:19:45 AM
 #279

I advise you to keep trying to do your best. You should try everything that can be done.
Because your experience will increase. Believe me that experience is an important point in trading.

in addition, read magazines, books and journals related to investing on bitcoins. attend to seminars or orientations so that you will be educated and have enough knowledge, if there's any.
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April 23, 2017, 04:05:57 AM
 #280

I advise you to keep trying to do your best. You should try everything that can be done.
Because your experience will increase. Believe me that experience is an important point in trading.

in addition, read magazines, books and journals related to investing on bitcoins. attend to seminars or orientations so that you will be educated and have enough knowledge, if there's any.
Educating yourself is the key to success and if you do that most of the time there is a good chance you will mature which would bring success. Investing bitcoin is different from other form of investment in the real world because it's new and very risky as of the moment, therefore we have to be fully aware of what we are doing so we will be able to follow the principle of buying low and selling high.

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