Things you should know before investing in bitcoin

[sammyp]

Another important thing to know is how to keep your investment safe both on exchanges, online wallets and hardware wallets. Never share your password or seed with anyone under any circumstance. If you do share it with someone then you need to change it right away because no one can be trusted in the crypto world.

[reality18]

It is also advisable not to listen to fake news if you cannot contain the shock it might bring which will lead to panic sell. It is good to consult an expert for further information and clarification of all doubts before you start investing.

[iliev41]

;)good luck

In my own opinion before you invest in bitcoin is that you should know anything about it from what is a bitcoin to how risky it is to invest in bitcoin and how do bitcoin work. You should know that bitcoin is volatile like any other crypto so expect the dropping and raising of price. You should always check the technology if it is secure enough to do some trading.

If you're a risk-tolerant Bitcoin believer, today's prices are probably enticing. If you're a more conservative skeptic, you will likely steer clear of an asset class that looks as if it is in a speculative bubble. But either way, you only need to make two basic assumptions to come up with your own fair market value for Bitcoin: its future monetary base, and your risk-adjusted rate of return. Good luck!

[umbara ardian]

yes you are right you should know the risks and how to get profit from it before you invest in bitcoin, because investment without knowledge seems to be very horrible, you have to know also what makes bitcoin price move up and down.

[mejalipat]

before investing in bitcoin it would be better to learn about investing in crypto and you should know that investing in crypto has a high risk and you should know when is the right time to start

[Eclipse26]

;)good luck

In my own opinion before you invest in bitcoin is that you should know anything about it from what is a bitcoin to how risky it is to invest in bitcoin and how do bitcoin work. You should know that bitcoin is volatile like any other crypto so expect the dropping and raising of price. You should always check the technology if it is secure enough to do some trading.

Before investing in bitcoin you must underatand everything about it so that you wont regret anything. You must know how it works and understand that it was risky at some point. You must be open to any possibility and make sure that you can accept it, becauae not all the time was your going to earn, there are times that you may lose some of your money that you have invested on it especially when the price drop.

[kasemin]

Before you enter the world of cryptocurrancy you need to have a background before you spend any money. Learn what makes cryptocurrency unique. Know the advantages and disadvantages; how to transact Bitcoin and other cyptocurrancy. What to know before investing in Bitcoin. First you must kmow that we should buy Bitcioin when the Bitcoin price decreases and must sell it with good profit.

[gurang]

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.

you should know what to do with investing you should know well whether you are doing well or not so you need enough knowledge before you do that thing so you have to have a smart mind

[cutikanzilong]

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.

yes I strongly agree with your opinion. Bitcoin has a fluctuating nature of erratic prices of graphic movement also sometimes have ups and downs. This makes Bitcoin very risky for people who want to invest in a variety of nominal

[beezunus]

before investing, of course, have to learn and find information about the coins to buy and how the risks of bitcoin investment, start with a small amount and you will learn from your experience

[CryptoSmile]

Before investing bitcoin it is better we have to know the price movement of bitcoin in order to determine the target when we should sell bitcoin and when we should buy bitcoin, other than that broad insight should we have such a factor that could affect the price of bitcoin to go down and become up. the two factors we already have then most likely we will always be able to benefit through bitcoin investment.

[Msile]

The main thing that one needs to know before investing in Bitcoin is that one day they can wake up and see that all their coins have been hacked. This is the most common thing that happens in the crypto world. Thats why one needs to only invest what he can afford to lose and that they will be responsible for any losses if they end up doing otherwise.

[$anounimus$]

yes you should be right before you invest better you think first what makes bitcoin move and what makes bitcoin become this expensive because if you do not have knowledge like this it will be difficult to get profit from bitcoin investment.

[SamantaPinkeralspink]

I think you should know that big real life exchanges are thinking about adding bitcoin to their portfolios. That would give bitcoinbrices a rise.

[Thing thing]

Before you are going to invest in bitcoin or any other currency you must have studied what cryptocurrencies are and if you are willing to take the risks remember that you might lose here or win.

[Sigfred Hernadez]

You invest in bitcoin like investing in stock market. Bitcoin does not have a fixed price. The price keeps changing on the basis of the demand of bitcoins. You would be able to know the price of bitcoins in terms of “per bitcoin”. However, you can purchase and sell bitcoins in fractional figures too. You can find the price of bitcoins using the bitcoin predictions on the internet.

[Nhor1011]

   Before investing in bitcoin you should know what is bitcoin and why it is important . You should know that bitcoin is too risky and volatile. You should know that you  might  win or loss.So,invest only the amount that you can afford to lose. Learn more about bitcoin before investing.

[rindayle]

I think you need to know a lot of things, not only when investing in bitcoin, but also other coins. It is necessary to study the coin, its foundation, the development schedule of the coin and much more. How to exchange money for Fiat. I think young investors do not count all this at once, so you need to read many useful articles.

[BrindHexta]

only people who do not understand investments that directly sell bounty tokens, if I personally I would hold all the bounty tokens because I'm sure the price will increase

[logangbit]

Whatever the thing is if this is a place where you will invest money or will involve with that the first thing you should do that is knowing well about that At bitcoin thread here one can get all the. informations and details about crypto currency.The things You should know before investing in bitcoin thise are
1.defenation  of bitcoin
2.how it works
3.how one can earn profit from bitcoin.
If he knows all those then can be a success ful. bitcoiner and.  his investing in bitcoin has almost no risk to lose.and After all those if you are able to. learn well and get an experience about it will be very helpful at your financial life.