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Author Topic: Do not invest in bitcoin if you don't know anything about it  (Read 2459 times)
titu5
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March 10, 2018, 01:42:07 PM
 #481

Maximum people u are investing in bitcoin dont have any knowledge about it. People who have surplus money only invest in bitcoin so why to think so much high risk give high money to its all upto u.
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March 10, 2018, 01:57:23 PM
 #482


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

Yes I agree with you. Don't invest into this bitcoin if you don't know the ways on how to gain profits of it.  Investing is very risky but if you only know everything before you invest, you risk can be lesser than before you don't know. Bitcoin for now if very volatile and it going down yet. Don't invest all your wealth to bitcoin for this because it is not stable for now. Maybe 5 years from now if the bitcoin will be recognize fully by our government and the price is right, then thats the time you can fully invest all your asset.
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March 10, 2018, 02:39:03 PM
 #483


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

You are right. Never invest in something you don't fully understand or appreciate. Many people are in awe of this bitcoin craze, they view it as a get rich quick investment, but don't be a fool, you should only invest money you can afford to lose.
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March 10, 2018, 03:58:30 PM
 #484


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...
That is also the situation in the surrounding of my life when so many people only hear a little information about Bitcoin, they only know Bitcoin can help them become millionaires then they also join in the hope that the dream of becoming rich will come true, they almost do not know too much about bitcoin. Their result is that they lose a lot of money in a stupid way because they have no clear strategy and they often fear when the price of the bitcoin oscillates, they are working based on emotions and they do not realize what they are lacking, that leads to bad results for them

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March 10, 2018, 04:04:09 PM
 #485

I do not agree. you can invest if you are careful. No need to invest the last money. Perhaps this is the basic rule. And don't sell at a loss. Hold, even if everyone's selling. And gradually learn and study.
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March 10, 2018, 04:10:21 PM
 #486

Yes this is definitely true, here in the bitcoin or let's say the crypto world you must first know the basics if you have lack of knowledge here in the bitcoin or crypto world you may waste time and effort here and you might get scam by others. First you must know how to protect your identity your wallet and many more that is the basics here in the crypto world. second you must know how things work here. You must conduct research if you really want to know things here. And the last one you need to be strategic and be smart as always. you need to be smart so people won't fool you anymore. You need to out smart hackers and scammers, because here in the crypto world there are many people like that so you need to be careful as always.
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March 10, 2018, 04:10:42 PM
 #487


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

You are right. Never invest in something you don't fully understand or appreciate. Many people are in awe of this bitcoin craze, they view it as a get rich quick investment, but don't be a fool, you should only invest money you can afford to lose.
I also think like you before but it would be nice if more try than not at all. because the theory is different from practice. with practice we will gain new experiences that we can't get by just researching, Bitcoin is a risky business but also profitable don't be afraid to try because, this is crypto

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March 10, 2018, 04:15:24 PM
 #488

Let them be. Any investments, whether crypto or real world, people must know that investing have it's own risks. That way they should understand that they either gain or lose money.
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March 10, 2018, 04:17:48 PM
 #489

exactly. If you do not know bitcoin then you should not invest in it. Bitcoins are very risky. You have to know bitcoin when investing bitcoin. You have to be patient and store when bitcoin is discounted. I have to understand a lot when investing in bitcoin.
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March 10, 2018, 04:29:03 PM
 #490


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.
Yeah it is the actions of some these investors which drives the value of bitcoins down because they panic and sell when the price starts to go low and this makes the value go even lower am very glad that these people are no longer in the picture now.

 
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dillpicklechips
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March 10, 2018, 04:34:02 PM
 #491


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.
Yeah it is the actions of some these investors which drives the value of bitcoins down because they panic and sell when the price starts to go low and this makes the value go even lower am very glad that these people are no longer in the picture now.
Ignorance will really bring you most likely to your doom. Due to this, people tend to miss out the profits that they should have gained by just a simple FUD. It is important that you understand what path are you going through. Knowledge and understanding that is important which the history itself witnessed the gravity of it.
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March 10, 2018, 04:48:57 PM
 #492

exactly. If you do not know bitcoin then you should not invest in it. Bitcoins are very risky. You have to know bitcoin when investing bitcoin. You have to be patient and store when bitcoin is discounted. I have to understand a lot when investing in bitcoin.
Before investing in bitcoin should understand the basics of bitcoin, if fail to understand or if don't know anything about it better to stay away from bitcoin, it's not only applies to bitcoin it applicable to all the coins.
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March 10, 2018, 04:53:16 PM
 #493


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

I agree to this. If you put in money at least read and learn what you are investing in. Just the basics is enough. Don't just listen to any news and do some research to know if it is true or not. Know what kind of investment you are into so you won't panick at the slightest jump in price

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March 10, 2018, 05:12:34 PM
 #494

I have the same opinion with you. If a person does not know bitcoin then they should not invest in bitcoin. Bitcoin's price is always changing and it's price depends on many factors. If you invest in bitcoins when you do not know anything about it then you can lose a lot of.

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March 10, 2018, 05:13:42 PM
 #495

I think it's right we have to learn  abt btc first so.we can do btc with right way
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March 10, 2018, 05:29:23 PM
 #496

It's right better learn abt btc so we can do btc in right way
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March 10, 2018, 05:51:39 PM
 #497

I agree to this. If you put in money at least read and learn what you are investing in Bitcoin Just the basics is enough. Don't just listen to any news and do some research to know if it is true or not. Know what kind of investment you are into so you won't panic at the slightest jump in price.If You Interested Invest In Bitcoin You Must Need Before Invest About Bitcoin Any How.
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March 10, 2018, 07:16:00 PM
 #498

I believe in the same thing too, it widely common and rational to know
more with what you are buying and investing. The allure of money and more
profits completely hinders the true purpose of supporting bitcoins. It is with
that unique and innovative purpose we support bitcoins. Get to know bitcoin
well before investing in it.
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March 10, 2018, 07:44:38 PM
 #499


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

Most people who get into bitcoin because of its ability to earn them profits most of the times get disjointed, panic and sell whenever a good opportunity presents itself, i think we shouldn't even worry about them, when their curiosity is satisfied, they just get out most of the times, its however a good advice but will they listen? driven by greed, all they want is to make huge returns.
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March 10, 2018, 07:48:44 PM
 #500

of course. if you do not anything in your mind, dont invest. because this is a real job which need knowledge and skill from learning. I can bet with you that, if they just buy based on the info, you will be easy lose your money.

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