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Author Topic: Do not invest in bitcoin if you don't know anything about it  (Read 2464 times)
lyks15
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February 23, 2018, 01:14:58 AM
 #301

That's right do not invest in bitcoin if you dont know anything about it or in any business do not invest if you do not have enough knowledge about the company or the type of investment that are you going to invest. You have to know the bitcoin before dealing of it because in doing bitcoin you need a lot of patience and hard work to earn. You also need a great and bright strategy to keep your investment alive and to prevent loss. It is easy to invest but it is hard to keep your investment grow and alive so be carefull. And do not invest in bitcoin if you do not know how to use it and you only invest because it is popular and your friends are investment,learn before you invest.

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yana0901
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February 26, 2018, 06:19:38 AM
 #302

so far, most transfers to bitcoins in are without commission, making transactions earn directly on the mining, that is, the formation of new blocks of blockade
Asusnumbaone
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February 26, 2018, 06:24:05 AM
 #303


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 with you. A lot of people invest in the bitcoin but they do not know what and why is bitcoin created. They just want to profit in bitcoin but it is not investing because when you say investment, you are making your move wise and neat. They just take the risk and gamble in the bitcoin world. Study first the nature of bitcoin and I am sure it will help you to improve your decision making.
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February 26, 2018, 06:27:46 AM
 #304

so far, most transfers to bitcoins in are without commission, making transactions earn directly on the mining, that is, the formation of new blocks of blockade

Investing on bitcoin without knowing its full technical tricks and tips will not able to earn money it gives only a great list but it had a solution for that invest very less amount at your first investment and learn with your less investment it gives good experiences and helpful to improve your knowledge about crypto currencies once you were trained you will definitely be a good earning person in crypto currencies .

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iamwhitewave
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February 26, 2018, 06:31:13 AM
 #305

It is not far from investing into a traditional venture. You have to deligently do your research. And invest what you can afford to lose. Also diversify.
Su_BTC
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February 26, 2018, 06:34:35 AM
 #306

You don't need known about BTC when you invest it
_yoshi
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February 26, 2018, 06:34:56 AM
 #307

Thats exactly the reason whi it hits such a high alltime high last december. Everybody was hyped from the mainstream media, and start pumping money in it. The most people dont know how it works or even what it was. If they know before whats behind this technology, and they informed about trading and financial stuff, they would never pumped their money in bitcoin at the all time high. But on the other site, without those people, we cant make such a good profit. So we need them.
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February 26, 2018, 06:38:00 AM
 #308

Bitcoin is a global craze.Even me dont know the bitcoi how to work,but i try myself to understand hiw it wirks.Luckiky i am now enjoying the btcoin.you cannot say that if you dont know you dont invest,try to research and you really understand the how the bitcoin works.
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February 26, 2018, 06:40:15 AM
 #309

This is very true, information is a very important aspect of investing, a proper market study, the operating system and market trends should be deeply looked into before one commits, otherwise wrong judgement and investments decisions that will lead to unnecessary losses will be made. Thorough research is very advisable

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February 26, 2018, 06:53:39 AM
 #310

I think a very specific study of bitcoin is of course very necessary before starting an investment in bitcoin so that we will not get any losses on investments made blindly to bitcoin.
albertcrypto110
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February 26, 2018, 07:32:47 AM
 #311

I agree with your opinions that you give .less knowledgeable about bitcoin is very harmful for all new investor. Make sure if you want to invest learn about and make some research about it
mahilchii
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February 26, 2018, 07:40:18 AM
 #312

Investing in Bitcoin doesn't need any special knowledge as you said, just need some fiat to convert to Bitcoin and need to wait for the profit to be achieved. There is huge number of people know the basics of Bitcoin and became millionaires within a short period.

nagobinga
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February 26, 2018, 08:31:59 AM
 #313

It's true because the risks are so high, it can drive us crazy to lose a lot of money but for those who know it will not be a problem will make them even more challenging. Wink
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February 26, 2018, 09:13:03 AM
 #314

Yes , that is good idea if you are not knowing anything about any product or currency then you don't need to invest there because you can face huge problems including huge loss. So wise idea is that you need to get full information about bitcoin and then also get some experience with working with bitcoin then you need to go to investing.

Investing is good, but when deciding to undergo into something you really don't know, well it is such a beating of your head. It is better to have a full of knowledge about it. I suggested you to do some research about many topics regarding to this. Take note. Regret is always in the end. Having assurance is much better. This is money involve so it's good to you to be careful in making your decision.   

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george888055
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February 26, 2018, 09:38:22 AM
 #315

We should be grateful to all these farmers, students, the older, housewives who don’t know what is blockchain but buy bitcoin. Becouse without this hype there would be no such capitalization and as a consequence such useful services, protocols, apps...
matt_dev_
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February 26, 2018, 09:50:49 AM
 #316

It is true. You have to invest in projects that you understand and believe.
cryptojac17
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February 26, 2018, 10:10:33 AM
 #317

Yes , that is good idea if you are not knowing anything about any product or currency then you don't need to invest there because you can face huge problems including huge loss. So wise idea is that you need to get full information about bitcoin and then also get some experience with working with bitcoin then you need to go to investing.

Investing is good, but when deciding to undergo into something you really don't know, well it is such a beating of your head. It is better to have a full of knowledge about it. I suggested you to do some research about many topics regarding to this. Take note. Regret is always in the end. Having assurance is much better. This is money involve so it's good to you to be careful in making your decision.   
You cannot blame people who Invest even with out ample knowledge specially those who leaving in country side were limited information reaches to them. As long as they know that they earn out of investing , because in their mind set they believed that investing is just like gambling. But good thing about investing is has higher return of investment .good thing also that there is bitcoin that accessible for the common people.

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February 26, 2018, 12:01:17 PM
 #318


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

Exactly, before you enter into something especially in the world of Bitcoin, blockchain and cryptocurrency you must find out first all the information about it. Better to know about the advantage and disadvantage, how to buy, when to buy, how to trade, basically these are the examples you need to know about. Investing in bitcoin is a good idea but be wise do not put all your money or your properties into it. Perfect decision will bring you to success.
BlackBird13
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February 26, 2018, 12:12:07 PM
 #319

Totally agree with you! Financial markets as such are merely based on gambling, and without a clear strategy and a work plan there is little chance that you will end up very profitable in the end. And don`t forget that as in casinos, there is that beginner luck, which will not stay there forever. So, my advice is to get informed first of all the risks and possibilities and only then make such investments. Good luck!
UzumakiSakuragi
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February 26, 2018, 12:32:35 PM
 #320

  Yes even though bitcoin is a virtual currency that has a very high value .dont  risk on investing. In deed you need knowledge before entering in cryptocurrency world..

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