Top 5 Tips For New Bitcoin Investors

[Iagan Lee]

2017 is Bitcoin's tumultuous year so we learn the lesson is to be strong, hold the stan! You will see your happiness soon.

[Glydel1999]

In bitcoins the biggest tip that you should apply in your life is buy lots of bitcoin when the market value is too low and sell it for a higher price.
Through this concept you can obtain a huge amount of return on investment in just a year or certain time without paying too much effort for it.

[YaNinaMurmansk]

thanks for the advice in the sweat. You can also add that they treat the key well and do not lose it. Without it, it will not be very cool.

[SixOfFive]

1.   Do some research before investing in any coin about the team of developers, price trends, etc. carefully
2.   Don’t drive into your emotions. Don’t be greedy and never panic
3.   Never invest more than what you cannot afford to lose.
4.   Store you crypto coins in a safe and secure wallet.
5.   Always diversify your investments to reduce you risks.

[Crypto one]

Sounds like a good advice

[lillyann]

1. The value of bitcoin is closely related to economic, political events, legal changes and technological achievements around the world. Trading cryptocurrencies should keep up with the current news or aggregators collecting the most important information.

2. In contrast to traditional currencies, more enthusiasts are attracted to cryptocurrencies, attracted by the desire for quick earnings, who trade emotionally. As a result, bitcoins may be undervalued or overvalued more often than other assets.

3. Although the forecasts for cryptocurrencies are successful, bitcoin should be considered a risky capital investment. It is still a relatively young solution whose future depends on many factors.
Therefore, bitcoin should only constitute a smaller part of the capital investment.

4. Multi-year investments require adequate security for virtual coins. Keeping them in the stock market may not be enough. In this case, it is worth thinking about buying a bitcoin secure wallet in the form of a peripheral device or an application located on our device or external, but secure server.

[@Hakermania@]

My tips:
1) do not listen too much to the predictions;
2) do not worry about the fluctuations;
3) pay attention to your private keys
4) diversifies the investment
5) invest only as much as you can lose

[P3]

While Bitc0in investing can be intimidating for those just getting their feet wet, there are several tips that newcomers can use to maximize their chances of success.

By following the top five tips listed below, investors can boost their chances of meeting their goals.
1. Do Your Homework
2. Proceed With Caution
3. Diversify Effectively
4. Keep Your Coins In Wallets
5. Prepare For Volatility

Source: https://www.forbes.com/sites/cbovaird/2017/11/21/top-5-tips-for-new-bitcoin-investors/#1cea07cd1e80

good advice) but I would still supplemented your post thus advice - remain cold-blooded, watch, when market goes against you, and make changes such moments his thinking.

[redsap]

yeah i think that was true if we are going to be an investor bitcoin, patience is more important thing too and anyway money managment are good advice too when becoming an investor

[kipo]

The best way to obtain a permanent income is to receive passive profit - dividends and interest from investments. In this case, bitcoin does not differ from the usual currency - it can also be invested in various projects, used for obtaining passive profit.

[saurav111]

There are many paid promotions of icos going on. Without researching, it is not advised to invest anywhere. You should invest only the amount you would afford to lose. Just go through the project before having your investment in, buy the hype and sell the news. Crypto is a volatile market and you should assure yourself that you're investing in a good project. Have your own strategy.

[jhonnydeep87]

Bitcoin as a volatile currency, they need to observe bitcoin prices carefully. I do not think that you can really diversify through your portfolio by just holding bitcoin and if you intend an investment like hyip. Nothing is great for real investors because this is not a real investment and you might even end up losing all your bitcoin if investing in one only.

[Frankwhite_2018]

For me the best thing that new investors in cryptos need to know is how the market is running, do some research if possible especially on your target cryptos to invest try to look on each graph and see who is worth to invest. There's a lot of coin offered here so new investors must be wise in choosing their investments otherwise they will only incurred loss and may lose everything they have.

what are your favourite resources/websites for doing research? is there any particular places you gain a lot of value from?

[aryaadikariyansyahsuwarto]

that's right, it's the right step. because we should not be careless to invest, be careful. so in my opinion that is the right step before investing.

[Kimberlyyhr]

With these few straight forward tips, negotiating that first Bitcoin transaction or trade can be a lot less stressful.
1. Do your Homework.
2.Be Cautious.
3.Diversify effectively.
4. Keep coins off the exchanges.
5.Get ready for a wild ride.

[Rebdoomer]

Buy low, sell high.
HODL at a low point not at a high point.

[newgal2017]

Making investments, of course, requires a capital for you to invest in the market to start making deals and transactions but, sufficient knowledge, hard work, patience and capital are essential to attain favorable income. You should be wise and only make decision that are well thought of because you can either earn a lot of Bitcoin or lose all of it. If done right with patience and perseverance along with strategically planned techniques in managing your investments, it can result into fruitful outcome.

[niisarearning]

Prepare for volatility its major point while investing crypto space based on my experience in crypto space market goes to bottom then get stable we have to be updated by watching marketcap previous crash happened while marketcap reached 260 billion and were stable around 2 weeks . Then recovered now reached 450 billion . Here whales playing game.We have to be preapared with their strategy.

[hoavantathan]

I think the tips for newbies are finding a safe wallet, protecting it carefully, always trading on big data website, understanding the market and blockchain.

[19nataliya12]

"Hedge against volatility and do not put all the eggs in one basket. When investing in the stock market or currency exchanges, it is necessary to diversify the funds in accordance with the risk management methodology. "