Do not invest in bitcoin if you don't know anything about it

[faatipoke]

I definitely agree with op. I see some people buying bitcoin with no knowledge about wallets, transaction, exchanges, etc. I do not say that everyone should know technical things behind blockchain and understand concept of forks, but every bitcoin investor has to know about wallets. Wallet knowledge and chosing one of them must be the first thing to know

[angaper]

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.  
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.

I think the problem with this is not in itself the fact that people are interested in investing in something that looks promising, the problem is that instead of requesting the advice of investment experts, they get carried away by the malicious intentions of people without scruples that only seek to take advantage of the ambition and ignorance of many new investors, with the sole purpose of depriving them of they hard earned money.

[Ngewex Yuk]

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.  
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.

I agree that we should be wise in putting money, blindly or selling anything to buy bitcoin is certainly a silly thing because if the price drop then we will cry.

[Momoamzad]

Invest need to know more knowledge about that.  Without getting knowledge you can't get your profit . so you have to gain knowledge about bitcoin before investment. You can't invest anything that you don't know about.

[Raufjoze]

Do we need extra knowledge, if we have the knowledge of different stock exchanges.
Do trading in bitcoin co-relates with general stocks exchanges.

If you know to exchange bitcoin with certainty, you will get more. You will become more wise in terms of handling money. It's just a maintenance or stepping-stone to reach your goal. If you do not know what you're doing you will definitely be losing money

[cyberkuto]

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.  
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.

Bitcoin is a good investment because the rate of it is always on top.  Of course,  you should know at least a little about it.  Therefore,  it's not that difficult though to understand how it works. Better to study about it or do some research, so you can take advantage of other things to earn bitcoin. After all,  it''s more easier now to figure out things because of the Internet.  Do a research.   

[money_amount]

Do we need extra knowledge, if we have the knowledge of different stock exchanges.
Do trading in bitcoin co-relates with general stocks exchanges.

If you know to exchange bitcoin with certainty, you will get more. You will become more wise in terms of handling money. It's just a maintenance or stepping-stone to reach your goal. If you do not know what you're doing you will definitely be losing money

this is true . Not only bitcoin but all markets if we invest without knowing about the market they are investing in, losing money is only a matter of time. I read and learned a lot. But when I joined the investment I also lost money. To invest in this market we need to have time to experience.

[rohican]

Bitcoin is a global craze. Even farmers, students, the older, housewives ... who is 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.  
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.

Yes, I totally agree with your opinion. Should if you want to invest in Bitcoin must master science first. Do not just think about the benefits, because behind the big profits would risk greater. It's okay to invest in Bitcoin but have to know the limits. Do not all the treasures you have then you invest all. Because of the investment, there are advantages and disadvantages as well. Must be good at investing in Bitcoin.

[sgenuine]

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.  
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.

I will also add here: do not start any business if you do not know anything about it. The first thing you should start with is your self-education. Start collecting the information about Bitcoin and remember all the facts connected with it.

[2girls]

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.  
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.

I am agree with title of your posts. You should not invest if you're newbie and learning. When i start my journey i just put my all money and i was just learning bitcoins i still feel so regret what i did.

[Eugenar]

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.  
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.

That's right, much better if an aspiring jnvestor will first read about his/her target investment which in this case, Bitcoin. Read feedbacks or opinions from those who have already invest into it to avoid anomalies given that investing to Bitcoin has risks due to the volatility in the msrket. In this way, you'll be awared on what you are engaging your money with.

[Rozcobs]

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.  
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.

I think this is not merely a gamble where you are lucky or not. But this is an investment opportunity like a business in the future that you have to acquire and hold or trade in a buy and sell activity for you to gain profit. It is a pure business using your chances and skills to grow your coins. Although this includes risk as to how you manage well your stocks securely and safely. Because there are many ways you can be unsafely unguarded. You are correct that to manage your coins wisely. Take only the risk you can afford if anything goes wrong.

[crypto_mastermind219]

bitcoin is now like a craze which i totally agreed and it will be increased later on.whoever have bitcoin but don't know how to invest, than, keep your money save in your wallet.your deposited money will give you profit without investing anywhere because of the high value of bitcoin price.you can invest when you think you have sufficient knowledge about investment system with btc. take risk with knowable ways.

[2girls]

Do we need extra knowledge, if we have the knowledge of different stock exchanges.
Do trading in bitcoin co-relates with general stocks exchanges.

If you know to exchange bitcoin with certainty, you will get more. You will become more wise in terms of handling money. It's just a maintenance or stepping-stone to reach your goal. If you do not know what you're doing you will definitely be losing money

this is true . Not only bitcoin but all markets if we invest without knowing about the market they are investing in, losing money is only a matter of time. I read and learned a lot. But when I joined the investment I also lost money. To invest in this market we need to have time to experience.

We learn from our mistake and that what bitcoins teach me.
Never invest if you're newbie and learning, At least take experience and test your self.

[Rupok]

Should not invest on the basis of your wish.If you want to invest in Bitcoin then you must be know about Bitcoin.You try to know better And then invest in. You must have ideas about blockchain. Otherwise you can get in danger.

[tabas]

I don't have anything to say with those people that sold all their property for bitcoin. It's their choice and probably they know what they are doing and the risk that they are taking. When I invested in bitcoin, I took the time to study maybe a week or two before deciding if it is worth of my time and money and I can say that it did. The price may fall today and many fuds are coming out but still with a little knowledge with the technology, we can stand still with this.

[danggoron]

I do not think that there is anything special or complex thing that we have to learn.If anybody wants to invest in bitcoin then he/she have to just know that we have to brought bitcoin when it's prive is low and sold them when the price is high.That's it.I think this knowledge is enough to invest in bitcoin.

That's not enough. Most people find bitcoin easy like that, buy it at a low price, sell at a high price. Then how the right moment really happened? What if the price goes down? Well, that's the importance of market analysis, plus news and rumors, it's all to be understood because it's interrelated. So, all the risks must also be learned, do not just be tempted by big profits.

[josephine85]

I agree with you even though this time bitcoin is a virtual currency that has a very high asset value but do not let it make us think to spend everything just to make an investment on bitcoin. and 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.

Those who are in business for so long know already how to make their decision in investing. Some of them are very cautious in investing but some of them are risk takers. Investors or businessmen have different approach and character in making some investments. But, for me who is a beginner in this crypto world needs so many research and knowledge about Bitcoin before investing into it.

[colvis]

If someone who did not know about bitcoin want to invest on it should read and do some research more on bitcoin before he or she will invest on it to  Avoid the waste of funds

[biascoin]

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.  
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.

DO NOT BUY BITCOIN AT ALL FOLLOWING THE PROPAGANDA AND FOMO. THAT IS HOW THEY PUMP THE COIN, AND IT DROPS BECAUSE THE "EARLY ADOPTERS" ARE SELLING MAKING PROFIT WITH YOUR MONEY.