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Author Topic: Do not invest in bitcoin if you don't know anything about it  (Read 2199 times)
hodlcoiner
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March 09, 2018, 02:25:32 AM
 #461

I don't see anything wrong with putting a small amount of money into bitcoin even though they know nothing about it
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March 09, 2018, 02:26:04 AM
 #462

I am a newcomer to the forum and hope to get more information about Bitcoin here. I haven’t spent money to invest in Bitcoin yet, but I think this will be a good investment option, and of course it is also accompanied by risks.
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March 09, 2018, 02:28:38 AM
 #463

it was not BTC until I watched a documentary and participated in forums for exchanging information about this coin that I decided to invest in it. So it's not hard to understand why this currency can manipulate the entire financial market. I decided to buy bitcoin as a long-term experience and use less than 1% of net worth. at that time to invest. I want to make a lot of money from bitcoin, but more than anyone else I understand that if I lose everything, I do not have to trade my life for it.
And if you have not learned it yet, you should not invest.
Right, if you don't understand something, don't try to invest it, because you just know it might make you money, but you don't know it may make you lose more. There is nothing wrong with following the investment, but consider risk factors. Investment needs to be cautious, buying currency to take risks.
Simone18
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March 09, 2018, 02:33:28 AM
 #464

I cannot blame those people who obviously lack some knowledge about bitcoin but still investing on it because of a big profits they can get from it. For me I wont judge them because honestly speaking I was one of them. Before I learned mored about bitcoin I just invested in an instant because my relative convinced me but I didn't regret at all because I gained profit from my investment. I'm happy even if its just a small amount. We should give this people a chance,just like me maybe they will give time to search and learn more about bitcoin in a log run. I know for sure not everyone here are experts,we still have a lot to learn on this kind of business.

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March 09, 2018, 02:43:32 AM
 #465


Bitcoin is a global craze. Even farmers, students, the older, housewives ... who are don’t know what is blockchain also buy bitcoin. Because there are so many new investors investing in it in the hope of making a big profit. But actually that is not investing that is gambling.  Roll Eyes
I do not prevent you investing to make money but invest wisely. Especially do not put all the property into bitcoin and cryptocurrency. Hope people do not blindly participate in this gamble. Grin
          Before investing in bitcoin,be sure you have knowledge about bitcoin and how it works because if you invest and you don't know anything about it then you will end up losing your money.

Agree, Don't decide a decision that will make you lose in the future because you should find out all about Bitcoin and how the actual Bitcoin.

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March 09, 2018, 03:08:06 AM
 #466

I think blind investment is wrong. Many people see Bitcoin as valuable. They see that their friends invest in Bitcoin to make money and they also want to follow the investment. But this is wrong.
This is inherently wrong. If you add cryptocurrency if you don't understand anything, even if you are lucky enough to make a profit, you will still lose because you don't understand this kind of thing, you don't understand why it suddenly fell, you don't know Why it can skyrocket one day and plunge a day.
Calebet0
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March 09, 2018, 03:12:24 AM
 #467

Yes gan it is true, if you do not know anything about bitcoin it would be nice you do not invest in bitcoin because it can all cause harm to you.I'm not trying to say that there is something wrong with making money but so many people just think how to get rich over night and see Bitcoin as an easy way for that not knowing even the basic information.
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March 10, 2018, 09:03:32 AM
 #468

A lot of people now earn on kriptovalyute.na actually invest as many. Because it is very profitable. And do you consider investing a good salary?
fritzbird
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March 10, 2018, 09:15:16 AM
 #469

With all the fuzz about bitcoins and cryptocurrencies, plenty of people with different backgrounds
and professions have expresses great interest with it, the promise and allure along the success
stories of people who invested in it. Some just buy without the idea of what bitcoins technology
is all about. They just get into it for the money, that would also hinder to the reason of bitcoins
purpose. It would be wise to do research and read a lot of what you are investing.
AtlantaFive
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March 10, 2018, 10:01:58 AM
 #470

It's true that we invest in bitcoin without knowledge. We are just giving away our money. Investment in bitcoin without information is too risky. Before you involved yourself in investing make sure you know a little information regardless of what type of investment you take.

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Weldhers
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March 10, 2018, 10:06:22 AM
 #471

Yeah right, it's best if you want to invest, it's good to understand what bitcoin and technology that support bitcoin because bitcoin prices rise and fall unexpectedly, prepare a strong mentality and do not panic
Lwtelencio
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March 10, 2018, 11:36:49 AM
 #472


Bitcoin is a global craze. Even farmers, students, the older, housewives ... who are don’t know what is blockchain also buy bitcoin. Because there are so many new investors investing in it in the hope of making a big profit. But actually that is not investing that is gambling.  Roll Eyes
I do not prevent you investing to make money but invest wisely. Especially do not put all the property into bitcoin and cryptocurrency. Hope people do not blindly participate in this gamble. Grin
Yeah I agree with you mate good job for posting this good thoughts this will can help to those people who are dive directly on bitcoin and invest all their bucks just to make a huge profit but they didn’t know what is abitcoin and blockchain technology all about. Hope that they are think wisely before investing a lot of money.

Thadeous
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March 10, 2018, 11:58:46 AM
 #473

Investment without deep research - is a gambling.
Have you ever bought smth only because you heard its name somewhere?
If yes - that's so funny and so sad. Smiley

"Bitcoin", "crypto", "ICO" are just titles that sound so sweet for greedy ears.
But this will turn to a headache when you understand that you purchased the wrong asset at the wrong time and then sold it at loss.
And this can become a complete frustration if you continue learning on such own money-mistakes.

And the only way to minimize your negative experience in crypto investments is the deep learn before start acting.
lillyann
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March 10, 2018, 11:59:59 AM
 #474


Bitcoin is a global craze. Even farmers, students, the older, housewives ... who are don’t know what is blockchain also buy bitcoin. Because there are so many new investors investing in it in the hope of making a big profit. But actually that is not investing that is gambling.  Roll Eyes
I do not prevent you investing to make money but invest wisely. Especially do not put all the property into bitcoin and cryptocurrency. Hope people do not blindly participate in this gamble. Grin
Of course, knowledge is important but basically the basics are enough. The second thing, you would invest the money. If you buy a car for example, first check the opinions about it. Here is the same, no one will invest in the dark.

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March 10, 2018, 12:09:42 PM
 #475

If you not make any mistakes in your like that means you didn't try anything your life. It is not necessary to do the things only you know about it like first sex you can't just read and hear from other to involve in it and know about it. It is all about your confidence only. Right or Work Good or Bad Loss or Profit experience it and then take the decision to continue or quit. My suggestion is bitcoin is the product which is today's requirement nothing is going to impact on bitcoin it is going to be stay with everyone in future.

tanginamoo
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March 10, 2018, 12:17:14 PM
 #476


Bitcoin is a global craze. Even farmers, students, the older, housewives ... who are don’t know what is blockchain also buy bitcoin. Because there are so many new investors investing in it in the hope of making a big profit. But actually that is not investing that is gambling.  Roll Eyes
I do not prevent you investing to make money but invest wisely. Especially do not put all the property into bitcoin and cryptocurrency. Hope people do not blindly participate in this gamble. Grin
Of course, knowledge is important but basically the basics are enough. The second thing, you would invest the money. If you buy a car for example, first check the opinions about it. Here is the same, no one will invest in the dark.
Yes, definitely you do not want to do things blindly so you need to learn things before entering this kind of world because this is the world where you can gain a lot or lost at the same time.

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March 10, 2018, 12:17:22 PM
 #477

You are absolutely right, really it's one of the most important lesson or we can say warning for new investor. It's not so easy to understand everythings about bitcoin. Every person who want to invest need to take proper experience & knowledge about that matter. Because I believe experience is the key to success. So try to learning first then you can do anything.  Grin Grin Grin
babala
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March 10, 2018, 12:17:37 PM
 #478

Why to invest to a thing you do not know, why to decide on something you were not prepared. Before investing on bitcoin, you should learn more about its history and on how it works so that you can imagine or put up strategy on proper handling it.
Thadeous
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March 10, 2018, 12:18:50 PM
 #479

If you not make any mistakes in your like that means you didn't try anything your life. It is not necessary to do the things only you know about it like first sex you can't just read and hear from other to involve in it and know about it. It is all about your confidence only. Right or Work Good or Bad Loss or Profit experience it and then take the decision to continue or quit. My suggestion is bitcoin is the product which is today's requirement nothing is going to impact on bitcoin it is going to be stay with everyone in future.

Sorry mate, but without preliminary learning even primitive sex will most probably lead to the serious consequences.
And the crypto is much much more complicated than sex! Roll Eyes
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March 10, 2018, 12:26:16 PM
 #480


Bitcoin is a global craze. Even farmers, students, the older, housewives ... who are don’t know what is blockchain also buy bitcoin. Because there are so many new investors investing in it in the hope of making a big profit. But actually that is not investing that is gambling.  Roll Eyes
I do not prevent you investing to make money but invest wisely. Especially do not put all the property into bitcoin and cryptocurrency. Hope people do not blindly participate in this gamble. Grin
that's right, I agree with you. it's better to learn and know what the functions and objectives of bitcoin before we invest. many people enter the blockchain world just because they hear about bitcoin. in the neighborhood around me too many people are now learning about blockchain technology...
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