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

[Caesar Cung]

It's really difficult to invest without knowing what are the steps and procedures in investing to become successful and when you're new just invest a little to experience it and when it becomes successful then continue with a bigger amount to gain a bigger profit.

I never understood why it went from $0.01 to $20k

There is 0 reason to have Bitcoin, Oracle and other big players are implementing Blockchain without Bitcoin.

No government on this planet is going to allow a virtual currency to take over, what are people thinking?
When we're all millionaires, we're going to come drive circles around your house in our lambos.

We'll see who's laughing then...

[Jannatul Shefa]

I have seen all types of people invest in bitcoin even they don't know anything about bitcoin.Some of them fall loss for it.So I will advice all if you don't know anything about it.Don't invest in it.At first acquire knowledge about it.Then invest in it.

[sari_]

that's right. do not always look at bitcoin digital world is easy gan. but sometimes it seems difficult to find profits in buying and selling bitcoin.
especially if we see prices in the market is getting down sharply. until we can not to predict it. as we know if the price will go down but the decline is beyond our prediction allegations .the most important thing if you invest the most important stage do not always want a big profit fast. such an opinion is wrong. his knowledge was just new Fortunately

[Sithara007]

I have seen all types of people invest in bitcoin even they don't know anything about bitcoin.Some of them fall loss for it.So I will advice all if you don't know anything about it.Don't invest in it.At first acquire knowledge about it.Then invest in it.

The 1,500% rise in 2017 generated a lot of buzz in the mainstream media, and that is one of the reasons why so many new users started investing in Bitcoin. The problem is that many of these people are not very knowledgeable about Bitcoin, and they expect Bitcoin to give them 10x profits in a few weeks.

[SnapDown22]

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.

If you do not know for sure and understand it bitcoin and investment I think you have a lot to learn because investments with bitcoin risk is very large, although comparable with the benefits we can get by investing with bitcoin

[DMiracle1]

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.

Everybody is entitled to encounter the prosperity that bitcoin has to offer. And that is everybody whatever level in the society they belong to, as long as they have the capital to begin with. They wanted to grasp that rare opportunity of having that additional income for continuous flowing of food in the table. I only have one question, do you venture into something you were "totally unknowledgeable" especially if it involved your hard earned fiat? No i don't think so.

[CuteBaby123]

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.

This is definitely right. Why would you join in one group if you even dont know about it. That's why before investing your money in bitcoin, learn and research first about it. Study the flow and make a good review about it. Becuase if not, you will fail and sooner, your one of those panic sellers.

[paulo29]

well it is really necessary to study first or make the necessary research before going into any transaction, When you are investing definitely your putting assets, time and effort,wherein you work for it to earn, so you have to safeguard it. theres so many ways to safeguard whatever assets you have, read some articles, watch videos and even ask people who are into this trading. Remember, bitcoin is very volatile and its value or price is cannot be predicted or it is undermined,but you can analyze its trends and works to lessen somehow the possibilities of losing,and to earn more profit to your investment.

[gehtrs]

First of all, I think some of your views are correct. Do not blindly invest in currency. If you want to invest in a currency, first of all you have to understand its market conditions, so as to judge when to buy it can make you profitable, and the right and wrong of the judgment decide whether you can make a profit.

[vending]

I agree with you, bitcoin is not classified as gambling. But in my opinion not all bitcoiner aims at inves, they only take advantage of rising and discounting bitcoin price in a short time, or also called trading.

[Zeque02]

I agree very much that if you do not understand these things, it is best not to invest in it because you do not know why you suddenly lost money. By that time you will say that cryptocurrency is a lie, a bubble, a scam. I hope everyone who intends to join the cryptocurrency knows about bitcoin and the blockchain.

Before you join or invest bitcoin make sute to have knowledge, it is very important for you to understand everything the process  and the system. So that it is easy for you to accept and do everything, such as the transactions, why the value goes high and low, if your investment is safe and etc. better to understand first everything so that everything will follow.

[yujli]

Blindly buying bitcoins that you don’t know about, it sounds crazy. Whales really like these people. One of the purposes of promoting Bitcoin is to let more people buy Bitcoins instead of letting more people know about Bitcoins. Bitcoin makes people realize that only Bitcoin can make money

[DoublerHunter]

I agree very much that if you do not understand these things, it is best not to invest in it because you do not know why you suddenly lost money. By that time you will say that cryptocurrency is a lie, a bubble, a scam. I hope everyone who intends to join the cryptocurrency knows about bitcoin and the blockchain.

Before you join or invest bitcoin make sute to have knowledge, it is very important for you to understand everything the process  and the system. So that it is easy for you to accept and do everything, such as the transactions, why the value goes high and low, if your investment is safe and etc. better to understand first everything so that everything will follow.

That is very true. If you have the knowledge then doing everything will be so easy for you. We should understand bitcoin first and put our time and patience in studying bitcoin and simply understanding what is the reason or essence of bitcoin why it is existing and after those  thing then we will realize if we really like to get into bitcoin and invest our money or nah.

[krigger]

We cannot sound this warning loud enough. A lot of people saw the value of bitcoin in december and january and they just started putting money into the market thinking the price will always keep going up and they didn't do any research into bitcoin or into the cryptocurrency market so once the prices started dropping they started panic selling and contributed even more to the drop in prices.

[jakoylantern]

For me, yes don’t invest in bitcoin if you don’t know anything about it because you will think it is a kind of scam or fraud. If you don’t know that bitcoin’s price is fluctuating too much, you will lose a massive amount of money. In every minute bitcoin’s amount chance and what if you invest on it with any knowledge, and bitcoin price drop down, so you will become very pity into your money and you will think that bitcoin is a kind of fraud. Most of the people feel that bitcoin’s amount is always increasing and don’t decrease, but they are wrong that is the wonderful about bitcoin anytime it can become very affordable or costly.

[Ahimoth]

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.

If you do not know for sure and understand it bitcoin and investment I think you have a lot to learn because investments with bitcoin risk is very large, although comparable with the benefits we can get by investing with bitcoin

Not just in bitcoin but in everything. You must not enter or penetrate something without any idea about it. You'll either be disappointed or be put in danger because of the result. Bitcoin is like a business that is so risky and deeper comprehension is needed. You need to have a high level of information before doing anything.

[Maximo1]

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.

This is a good discussion. Money is valuable and is very hard to acquire. We need to work hard just to have a money. If we have business the stress level is also high just to have the money. So if you want to have more money that is why you invest in bitcoin think if very clearly, be sure to have a critical thinking when you invest and you should know how the system works in order not to lose money.

[beezunus]

right, do not invest in bitcoin if you do not know anything about bitcoin because investing in bitcoin has a big risk and if you do not know anything then you can lose and lose your money, then you should first learn about bitcoin and the risk

[15putriutami]

Just like any other business, you need to study or carry out feasibility study before going into any business venture. It would better to spend up to two to three months doing that, before making a step. You can as well decide to learn by practice but invest only the amount that you can afford to loose.

[chel0]

Exactly. What's the use of getting into cryptocurrency especially in bitcoin if you don't know about it and what will gonna happen in the coming times. But I believed that no one will take part in investing something if they don't have purpose why they're into it. I'm pretty sure that everyone did a thorough research before joining in.