Top 5 Tips For New Bitcoin Investors

[PG13]

And yeah Do it with with confidence (not full not less) and tade or invest with less emotions.
Don't just be go with the flow but deal with the flow. Etched it to your palm or to your head.

That's true mate. Yeah deal with less emotions and don't be too greedy as the price is volatile in nature and it will change from time to time. Research and observe market condition before doing transactions.

[hualangktsld841]

It is necessary to follow these five secrets, especially for new investors. I had a deep memory of what you said to put the money in my wallet. At the end of last year, I turned to the 3ETH to the CM exchange, and the swindler disappeared after a week after the transfer, and many investors lost a lot. It was a terrible experience.

[-Sinner-]

Not so many practical tips but yes, if you want invest in this crypto world you need to study a lot to make the right decisions. Especially here, it is so simple to believe other people and then lose money.

[oseikuf44]

Add money management rules, as a new bitcoin investors, if you intend to trade your own funds, then you must put into place a good risk/reward ratio . That is you divided your money based on the amount of the reward you expect with a certain number of risk you can tolerate with your funds.

[Nonie]

for me tips for new investors is do not panic if the price of coins down is the most important in my opinion and others may learn about analyzing candles and reading many articles about good and bad news about coins

[Hotel_Prodeo]

Among all the tips in bitcoin investing for newbie and professionals then it is best to be patient to wait, all top tips will never be useful if users are impatient and easily panic so sell bitcoin at a cheaper price than when buying.

[elwaleed gamal]

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

[coinholic]

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

You forgot one important thing, to prepare oneself mentally, emotionally, and psychologically. Coz even if you were able to do those listed above without preparing yourself in these areas, you won't be able to trully grasp how this system works.

[Liternyy]

Be prepared to change the price. After all, this is a frequent phenomenon in the crypto-currency markets. Therefore, there are several strategies that investors adhere to. It is these strategies that help to avoid large losses with volatility.
One of the most common strategies is diversification, but for its application, you will need a lot of energy.

[wilburwilbur]

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

Number one and number five is should be the most emphasized.
Not doing a research in your coins might lead you astray and lost. You will be like an alien in a foreign country where nobody knows you
The fifth one is that cryptocurrencies are highly volatile and better prepare yourself for high jump or dip

[Venn Harris]

In my opinion, you should be prepared psychologically. Confidential: (for buyers and sellers), you sometimes know each other in real money to buy mode, but when trading with Bitcoin they do not know. Many of thing are not absolutely secure: Everything has two sides of it, when everything is anonymous, high-tech crime will begin to develop in every way to rob things in your hands.