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Author Topic: Things you should know before investing in bitcoin  (Read 2691 times)
Dr.Nina
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June 07, 2018, 02:58:33 PM
 #221

Before investing bitcoin or crypto currency every body needs to know some basic things regarding that currency. We needs to know the fundamentals of that coin. We also analysis the chart of that coin which give the clear message of its past. We also have to predict the amount of investment return from the investment. It also needs to know the break even point of that investment.

Risk is one of the major factor of every investment. We needs to find out and assume the risk associated with the investment. We also needs to measure the risk and compare it with the investment return. If there is high risk then the probability of return must be high. So, we should know all of these things before any kind of investment. Because every investment is valuable to us.
damrianto
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June 07, 2018, 03:36:20 PM
 #222

before we invest in bitcoin we have to know what bitcoin we must know how to implement it, keep private key, to limit the risk of investing in this highly volatile investment, it is advisable that you invest in a small amount of excess savings instead of risking the entire amount of savings because of this very high risk ....
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June 08, 2018, 01:18:46 PM
 #223

As we all know investing is very very risky, so we need to know how to avoid it and cope up to some instances that might happen in the middle of the operation of the company that you are investing for. In order to grow our investment we need to make sure that this company can sustain their resources and also we need to have the assurance of our investment.

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June 08, 2018, 01:37:02 PM
 #224

Things you should know before investing in bitcoin

What everyone wants is to have a stable job and get good savings, the best option is to work the money to get more income for the future and thus have a better quality of life and what better to invest in bitcoin but before you should know certain things about This cryptocurrency.

it is not regulated: there is no entity that regulates and monitors this type of investment. So you should be aware that if you lose your money, nobody will answer

Bitcoin is a high-risk investment: people should know that the level of risk is very high, due to volatility and inability to predict its price. "

Do not get into debt to buy cryptocurrencies: this really should not be done with this or with another investment, if you are going to work your money with extra money you got.

Do not invest more than you are willing to lose: "it is recommended that you do not invest your savings in this currency; on the contrary, invest 1% of your assets, something that you are really willing to lose".

Use reliable pages: use safe sites to navigate and also only use reliable devices such as your cell phone, your computer and your home's wireless network. Never use public networks neither to make investments nor for any type of financial consultation.


if you don't have money to invest in bitcoin you can still earn money from it by joining to signature campaign.Just follow the rules and guidelines of the campaign to avoid disqualification.
Yeah we can earn money from bitcoin and crypto currency even if you will have nothing, you are skilled and you have knowledge then you can earn good amount of profit using different campaigns like signature campaign and bounty campaign, you will have to use your knowledge and your skills only so you will earn good amount of money every month earn without investing anything.

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bizarro
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June 08, 2018, 10:10:17 PM
 #225

 whatever your are doing something with Bitcoin be assured of save. Your ways are very good to start work with crypto
anavir
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June 08, 2018, 10:54:40 PM
 #226

You should know what really bitcoin is,their price movement and when to buy.And also,you yourself whether you are patient enough to wait for a long term investment when their is dip.In short, are you ready to take the risk

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June 08, 2018, 11:29:39 PM
Last edit: June 09, 2018, 12:04:06 AM by sirmitchel
 #227

For me I think one should be fully aware as much as know what Bitcoins is and is capable
of in the market. Get some straight and rational facts that purely and cleary best describes
Bitcoins. Before investing in anything, research is essentially important. One should know
how bitcoins works, behaves and the pros and cons of Bitcoin’s volatility in the market.

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June 08, 2018, 11:37:04 PM
 #228

Agree. The point you have included is perfect and it is really useful who is involved in Bitcoin or any crypto currency market like trading investment etc. I like your post and the way you present to the forum members to get knowledge on the nature of Bitcoin jobs we do on a daily basis.
Mystika
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June 09, 2018, 12:07:02 AM
 #229

I think we just need to know before we invest in bitcoin as it moves primarily on the market because we know it's fast and its value drops fast. Another important prior to investing is that we have a stable job

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June 09, 2018, 12:43:24 AM
 #230

Before you enter the world of cryptos, it is necessary to have a background before you shell out money. Study what make cryptocurrencies unique. Know the advantages and disadvantages; how to transact bitcoin and other cyptos.

Yes i agree of this many things we should know, not only in positive side in investing bitcoin, you should also know the negative side of the said coin, so that there is no regret in the end, because many investors in this coin look only how much profit they earned and not knowing the risk.
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June 09, 2018, 12:59:54 AM
 #231

Do not invest more than you are willing to lose: "it is recommended that you do not invest your savings in this currency; on the contrary, invest 1% of your assets, something that you are really willing to lose".

But if you invest in Bitcoin or other crypto currencies small amount of your money, you won't gain much profits if the prices will soar up. I think 1% is absolutely low chunk of your wealth to be used as an investments in the crypto currencies. At least 10% of all your money would be a better choice. Also keep in mind that your investment portfolio should be diversified. Don't be focused only on Bitcoin, buy some promising altcoins or invest in the ICO campaigns.
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June 09, 2018, 02:05:39 AM
 #232

An investor should aware the in and out of the bitcoin prior to his investment because it is a new form of economic concepts incorporated with the modern technology which is totally contrary to the existing economical theories .Bitcoins major attraction is its certain specific features which are ensuring the security and clarity and finally the global legitimacy Its main features are the decentralized one means there is not any controlling authority to interfere, its anonymity ,and its all transactions are recorded in an electronic ledger with block chain technology.The investor should have the basic education and the computer literacy.
 
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June 09, 2018, 02:09:43 AM
 #233

Things you should know before investing in bitcoin

What everyone wants is to have a stable job and get good savings, the best option is to work the money to get more income for the future and thus have a better quality of life and what better to invest in bitcoin but before you should know certain things about This cryptocurrency.

it is not regulated: there is no entity that regulates and monitors this type of investment. So you should be aware that if you lose your money, nobody will answer

Bitcoin is a high-risk investment: people should know that the level of risk is very high, due to volatility and inability to predict its price. "

Do not get into debt to buy cryptocurrencies: this really should not be done with this or with another investment, if you are going to work your money with extra money you got.

Do not invest more than you are willing to lose: "it is recommended that you do not invest your savings in this currency; on the contrary, invest 1% of your assets, something that you are really willing to lose".

Use reliable pages: use safe sites to navigate and also only use reliable devices such as your cell phone, your computer and your home's wireless network. Never use public networks neither to make investments nor for any type of financial consultation.


if you don't have money to invest in bitcoin you can still earn money from it by joining to signature campaign.Just follow the rules and guidelines of the campaign to avoid disqualification.
Yeah we can earn money from bitcoin and crypto currency even if you will have nothing, you are skilled and you have knowledge then you can earn good amount of profit using different campaigns like signature campaign and bounty campaign, you will have to use your knowledge and your skills only so you will earn good amount of money every month earn without investing anything.

Yes, and we need to be more dedicated with this kind of online earnings as this will help as with our everyday life expenses if we can find good ways to earn good money. I am thankful I joined this forum and seen lots of potential ways to earn.

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June 09, 2018, 02:12:46 AM
 #234

Very well said. Invite at your own risk and what you can afford to lose but before you invest you need to check first the background.

First you should know always the risk before you invest the said coin, knows not only the positive output but also the negative sides of this investment. Because some are only expecting the profits.
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June 09, 2018, 02:27:17 AM
 #235

For me, the things you should know before investing in bitcoin,  the significant principles of having the bitcoin are the following: First, ensure that bitcoin is legal in your country. Of course, we don’t want you to end up behind bars. Second, look for a local wallet. If there is a local wallet in your area, it would be a helpful in converting fiat to bitcoin and bitcoin to fiat. Third is the amount of your investment. You should be prepared that the money that you will invest could be wasted or could be double or more in few more months. Lastly, stay safe and work hard. Smiley
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June 09, 2018, 02:03:17 PM
 #236

I think the things that you should know before investing in the company of bitcoin is their legality, capacity, performances, backgrounds and feedbacks to know and secured that your investments is in the good hands and trusted company. Through this it gives a idea that they are good company
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June 09, 2018, 02:55:13 PM
 #237

Things you should know before investing in bitcoin

What everyone wants is to have a stable job and get good savings, the best option is to work the money to get more income for the future and thus have a better quality of life and what better to invest in bitcoin but before you should know certain things about This cryptocurrency.

it is not regulated: there is no entity that regulates and monitors this type of investment. So you should be aware that if you lose your money, nobody will answer

Bitcoin is a high-risk investment: people should know that the level of risk is very high, due to volatility and inability to predict its price. "

Do not get into debt to buy cryptocurrencies: this really should not be done with this or with another investment, if you are going to work your money with extra money you got.

Do not invest more than you are willing to lose: "it is recommended that you do not invest your savings in this currency; on the contrary, invest 1% of your assets, something that you are really willing to lose".

Use reliable pages: use safe sites to navigate and also only use reliable devices such as your cell phone, your computer and your home's wireless network. Never use public networks neither to make investments nor for any type of financial consultation.


First DO RESEARCH spend time to read and understand what blockchain is, what are cryptocurrencies, security measures you should take before investing in cryptocurrencies and so on. Remember that no research is enough and you need to keep updating yourself constantly
Second BE RESPONSIBLE Cryptocurrencies can belong in any investment portfolio but should be treated as high risk
Third BE VIGILANT Vigilance can come in the form of selecting the right blockchain company to manage your investment.
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June 09, 2018, 03:04:11 PM
 #238

Exchange rate bitcoin consistently continue to increased. fact this electrify world because the emergence of a billionaire-billionaire new after successful invest bitcoin.
is investment bitcoin safe?
 there are some to note,others:
Warning  security issues storage :
bitcoin stored in an account called wallet bitcoin (bitcoin wallet). wallet bitcoin can be used to store bitcoin and you can download for free on Google play store or Apple store. counted there are hundreds of companies in the world that makes wallet bitcoin until now, but for the sake of the security of your account, advised to look for the application that has a number of most downloaded and star review of the highest.
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June 09, 2018, 03:11:09 PM
 #239

I think you have to know how to store and trade bitcoin. You need to know the market information of it at present. And of course, you have to be mentally prepared because the price of bitcoin is always changing.

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June 09, 2018, 03:16:28 PM
 #240

Well, firstly, if you are going to invest at your own peril and risk, you must understand that investing is worth only the amount that you are ready to lose without unnecessary emotions. besides, despite the prospects of current currency, it is worthwhile to understand that there are things that can not be influenced. for example, the prohibition of crypts in your country, the breaking of the exchanger, or you just lose the key to your wallet. so before investing carefully study all aspects: when it is better to acquire a cryptocurrency, what strategy to adhere to, where to store, and so on.
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