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Author Topic: Things you should know before investing in bitcoin  (Read 2680 times)
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May 16, 2018, 02:21:29 AM
 #41

Lots of great tips here. Bottom line is, do your homework first.
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May 17, 2018, 09:08:31 AM
 #42

before you invest, there are a few things you should pay attention to. That is the authenticity of the investment, the legal basis used by the investment, the existing team within the investment organization, and so forth. In investing should be considered really so as not to happen things that are not desirable.

One of the greatest strategies on investing is allotting time and effort, mostly putting some thinking before throwing everything out, be sure to strategize your holdings, don't just put some amount, be smart and try investing on multiple alts and not just only one, in that case you'll be able to identify the investment you should be focusing. Do your research before investing in crypto currency because there are so many ways to invest and earn it. If you wait in the long run then I suggest to invest in bitcoin and ethereum or also you want to have a quick source of income then learn how to trade per day. Day trading is very risky so be sure to learn it well..
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May 18, 2018, 06:35:07 AM
 #43

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.

The first and the most important strategy  in any sort of investment is to see where you are investing is trustworthy or not.Check the background details.Study each and everything and then invest.Playing blind fold games are of no use. Patience is the key to success in all investments.In case of bitcoin try to invest or buy bitcoins when the prices are low and sell them when its market value increases.As a newbie try to invest a little amount and then see the results.Try to figure out your mistakes and then try to invest more if you find it suitable.Investing whole amount in single try can create a huge problem for a investor.
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May 18, 2018, 06:51:35 AM
 #44

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.
You, ganna right,,you can also start to buy the bitcoin and sell them if you know the price is increased,this basic concept strategy are also know before entering the world of cryptoland,and also you if you like to enhance your knowledge and skills about the other strategies you must join this furom to know the other possibilities about how bitcoin,how to run in the market and battle to its volatile price.
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May 18, 2018, 06:53:45 AM
 #45

Underestimating these low-priced transactions and skills is one reason why you lose money or lose a lot of money. The big deal for the trader is the overcapacity of the transaction, the hesitation of the deal, and the close of the deal when everything is still intact.
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May 18, 2018, 07:28:45 AM
 #46

Before investing in bitcoin, you should know how much it is currently priced, compared to yesterday, it increases or decreases and predicts how much they are and how much the price fluctuates, and You also need a separate wallet to store them
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May 18, 2018, 07:32:01 AM
 #47

Before investing in bitcoin, you should know how much it is currently priced, compared to yesterday, it increases or decreases and predicts how much they are and how much the price fluctuates, and You also need a separate wallet to store them
And the most important thing is to understand all the risks that must be faced. Do not just be affected by mass hysteria, because bitcoin becomes a pretty popular investment right now. It's not just about how much you invest, but about taking the right position to buy and sell. So, an analysis in reading the market chart is a very big influence.

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May 18, 2018, 07:45:33 AM
 #48

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.



The best thing here is to learn how bitcoin works and keep that in your mind that in the near future after investing you may loss or get profit this is like a gambling it is too risky. So not invest much money that you cant aford to loss.
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May 18, 2018, 07:46:22 AM
 #49

Before investing in BTC, you should think carefully about some questions: What is the price of bitcoins?  Where to buy bitcoins? When should you buy bitcoins? Where to store bitcoins?
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May 18, 2018, 08:03:38 AM
 #50

for me before you try investing in bitcoin or anything else that involved in bitcoin I think I will suggest you to learn about it first because if you join without know about that  program I think you will confused, you will don't know about the risk about your project and anything else, so before you do something do some research about it especially in bitcoin

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May 18, 2018, 08:34:26 AM
 #51

The stock market is really a very large market. There's so much you need to learn. The crypto stock market is getting bigger every day.
We need to follow the market on a daily basis. Take good care of the terms. Note the graph reading.
You need to start somewhere. You get used to it in the future.
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May 18, 2018, 08:48:03 AM
 #52

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.

There's no rule in investment, you invest based on your knowledge about those assets. Before you invest in bitcoin or other coins, you must study first about blockchain technology, consensus mechanism, etc. after that then you invest. If you really believe in digital assets then you can even go all in. But, as always, it's your own decision and your own investment. No one should be blamed except yourself if something goes wrong Smiley

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May 18, 2018, 08:50:53 AM
 #53

For me the things we should know before investing in bitcoin, first we should know what is Bitcoin and ask yourself why should you invest in Bitcoin, what is your goal. Second know the price of Bitcoin. Third where you should buy bitcoins. Fourth when should you buy bitcoins. Last where you store your bitcoins.
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May 18, 2018, 09:03:49 AM
 #54

thank you for the information you provide, yes indeed every investment has risks and investment in the world of crypto is also the same, everyone must understand and ready to take risks if want to invest in crypto world do not just think of its profit alone, but do not know what the risk will be in can.

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May 18, 2018, 09:16:03 AM
 #55

Your presentation are quite good especially for Newbies in the Forum. It is also pertinent to state clearly that the trend of the Market at the period of investment should be actually watched. Are you at the Bullish or Bearish periods? The period of boom/pump where extra cautiousness must be applied in buying of coins that are mostly affected, or in the period of Dip/Dump where it is very appropriate to buy more the coins involved at this lower rate in anticipation of the next pump, after you must have truly understand the coins in question historic chat and its volatility to reasonable extent.

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May 18, 2018, 09:41:22 AM
 #56

Things you should know before investing in bitcoin

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
Most exchanges now place a kind of regulation and that is the excess of the KYC. Let's just hope this to a great extent will bring sanity to the industry.


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".
This is also the same level of warning that Forex Trading sites and platforms issue to noobs or anyone perusing their sites. Quite alright crypto is volatile but it isn't as difficult as trading cryptocurrency as it is trading Forex.

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May 18, 2018, 10:21:32 AM
 #57

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.


Thank you for this kind of information. This will help us lot to understand how security and a safe investement is importand in releasing money. Doing some safety measure in investing is important.

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May 18, 2018, 10:41:54 AM
 #58

Yes that's right before you invest in Bitcoin or any cryptocurrency. First you must study well what is crypto all about, how crypto helps people and the community. And when it comes in investment, always think that there always be a risk because Bitcoin and any other coin/s are volatile, their price sometimes goes up and down.

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May 18, 2018, 10:51:17 AM
 #59

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.



Indeed, many people are losing and become depressed because of not following these guidelines, they are tempted because of the story of the early investors who made history when they become millionaires for a small sum of investment and many wants to duplicate their success
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May 18, 2018, 10:59:54 AM
 #60

You should know how the market is going on and be active in the price of your chosen coins or tokens,and also make a research about their project im sure its really helps to you to know when you need to buy or sell their tokens,and for you ,make time to learn about reading graph its really helps to you.

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