Things you should know before investing in bitcoin

[novsali]

If everyone followed the tips given by you, prices will become very stable. Currently investors buy bitcoins and want it to multiple in few days.

[robaya]

These are good points.
Another important factor for newbies to take note before entering to the world of cryptocurrwncy is they must first be able to expand their knowledge about it.
As much as possible conduct your own reasearch and do not base your decision making on a few source alone.

what a new trader might experience in the world of cryptocurrecy is how to deal with the decline in bitcoin values. most new traders definitely feel this, panicsell when they see bitcoin values ​​go down and choose to sell their assets at a loss. if this trader knows the knowledge of trading it is likely to exploit the situation to keep hold of assets and even add to their assets.

[jayarbillones]

for me so interested to know about this on how investing bitcoin because if I had a chances  I want to know the transactions on how it works likely of real putting capital of money is not be waste into garbage, Some even taking a loan just to invest in it for the late golden time and did not consider the risk that might take place, there comes a problem. Better to invest at the risk that you can afford to lose.

[Manc89]

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

Your suggestion is great but very simple thing is we should know the risk involve. Dont ask for profit only because risk always with us. If you seek legality for project then its good to make sure whether the company scam or not. This step is very important to protect our investment.

[Mr.John19]

Before you begin to put resources into bitcoin.  Ensure you have the ability, knowledge. In short, if you are prepared to confront the hindrance and issue in contributing. Be shrewd and have a go at spending on different altcoins and not simply just a single and put the main the sum you prepared to lose or the cash that you don't have to purchase vital stuff. It typical excessively perplexed on the speculation because the value is constantly changed, and you don't realize what value will be tomorrow. Investing is unsafe, however, later you can get high advantages.

[AnalynCadiz]

This is a big help for everyone specially for newbies.Everyone should know that before engaging yourself into investing in bitcoin,be sure you have the full knowledge on what are the pros and cons in cryptocurrency world.

[maxman190]

First, you need to understand in detail how the bitcoin system works and how it works. The more you understand this, the better. secondly, invest as much as you are not afraid to lose. the scope of crypto-investment carries a lot of risks. thirdly, diversify. some altcoins grow faster than bitcoin. do not put everything in one basket. Further, do not keep funds on the exchange and be prepared for instability.

[haimefx]

wow thanks for the info you have given because i am actually going to start trying to invest in bitcoins  and i think i really need tips like this, so i want to say thank you
maybe you should update the tips i thing and give more more information detail so the newbie like me can understand how to invest in bitcoins

[iliev41]

I think should be sure and understand exactly what bitcoin is and how to earn money from bitcoin and i suggest to get guidance from your senior before investing

First things first, the facts need to be straightened out. Market manipulators most likely triggered the present sharp price dip. Retail cryptocurrency investors have shown that they have “thin skins” when it comes to weathering negative market signals.

[demonist]

Things you should know before investing in Bitcoin is the crypto that where you invest is legit and not a scam.Look also if this crypto is use by many people.
Also once you invest in crypto you have a lot of knowledge how Bitcoin works.

[anilsaini.jaipur]

Only thing to consider is are you ready to lose your investment. Crypto is really unpredictable

[Core.BUSTER]

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.

I agree in your opinion before you joining in this kind of investment you need first to check the background if it's legit or scam and make a research to know more how risk and challenges. Make some research and study to enhance your knowledge about in cryptocurrency it helps you a lot when  you do this.

[PG13]

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".

Yeah you are correct. Do not invest to a big amount of money if you can't afford to loss. Knowledge in this technology is the most important as you will not get panic once the market goes correction and you can anticipate to divert some funds before it will get worse. Learn to diversify your funds to minimize the risk in every investment.

[lang shao]

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.

Before entering this kind of thing, you should study and make some research in crypto. You will lose eventually when you take a risk of investing it without knowing about it first. As of now the cryptocurrency is kicking the market and cupture the eye of big investor and there is a big future in crypto.

[julius caesar]

There are no complex things to know before investing in bitcoin.First you should kmow that we have to buy bitcioin when the price of bitcoin decreases and should sell them at a good profit.These things are enough before investing in bitcoin.

Well if you are not really aware what Bitcoin,  well then be inform by having some research regarding what Bitcoin really is and I thibk ready pinned thread here is essntial for a beginner to know how does this forum works and you will be informed how does undesirable happenings will eventually be a good thing for you. Of course you must have to knowhow does investments go.

[chinchinbb78]

You should read as offend as you can about Bitcoin as a digital and global money system currency. It allows people to send or receive money across the internet, even to someone they don't know or don't trust. Money can be exchanged without being linked to a real identity. The mathematical field of cryptography is the basis for Bitcoin's security. So you know how to work with bitcoin  and not to be wasted the time you spending and your investment.

[XCANA]

Only people who don't know more about bitcoin and crypto currency that invest at a wrong time and probably may lose their investment as a result of their ignorance. Although we all should have at the back of our mind that not all the investment turned out with positive result.

[Sand King]

There are no complex things to know before investing in bitcoin.First you should kmow that we have to buy bitcioin when the price of bitcoin decreases and should sell them at a good profit.These things are enough before investing in bitcoin.

        In investing  you need to know the things that involves investing like the risks  you could encounter while in the process.  Like when you lose the money you invested what will you do you need to have a back up plan so you wouldn't be regretting everything till the end   

[Sabihtikoy]

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.

I think,First you need to do your own research and follow the relevant news channels available and bibliography.
Second Never invest more than you can afford to lose.
Third Never store your coins on a cryptocurrency exchange unless you plan to use the specific amount for day trading.
Fourth Make sure your mind is in the right place so that you’re not scared with the volatility of the market.

[Geoffrey Walker]

Bitcoin is global and not affected by any single country’s financial situation or stability. Global chaos is generally seen as beneficial to Bitcoin’s price since Bitcoin is apolitical and sits outside the control or influence of any particulate government. This is the highlight point you should remember.