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Author Topic: Things you should know before investing in bitcoin  (Read 2691 times)
nesis67
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June 19, 2018, 11:40:10 AM
 #441

A lot of things to know before someone becomes an investor on bitcoin. An investor should be aware of getting in and out of bitcoin before investing because it is a new form of economic concept coupled with modern technology that is completely at odds with the existing economic theory. The main attraction of BITCOIN is a particular feature that ensures security and clarity and ultimately global legitimacy. Its main feature is that decentralized means no controlling authority to interrupt, its anonymity and all transactions are recorded in an electronic ledger with blockchain technology
AnxietyFormat
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June 19, 2018, 11:43:51 AM
 #442

Before you invest check what is your situation today and you know what bitcoin is. If you are afraid to lost don't try it and invest what you can afford to lost..


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thereactor334
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June 19, 2018, 11:52:41 AM
 #443

If you want to invest in cryptocurrency  you need to know its reliability and what type of crypto will you invest. There are so many crypto in the world which
are legit and scam.. The EDUCATION ECOSYSTEM token OR ledu token is a legit token about educational development. Its platform focuses on professionals and different government projects.
thereactor334
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June 19, 2018, 11:54:57 AM
 #444

If you want to invest in cryptocurrency  you need to know its reliability and what type of crypto will you invest. There are so many crypto in the world which
are legit and scam.. The EDUCATION ECOSYSTEM token OR ledu oken is a legit token about educational development. Its platform focuses on professionals and different government projects.
Gummybear67
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June 19, 2018, 11:56:23 AM
 #445

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.


Those newbies in bitcoin and those who want to join the bitcoin world need to read this so that you're not lacking of information. The only thing I've learn in bitcoin is that you need to accept what is the result no matter what then move on to the next.
Deathgamer
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June 19, 2018, 12:02:16 PM
 #446

First thing you need to know before investing in bitcoin is that bitcoin is risky,Second is that crypto is volatile the reason why it is really different from fiat.Lastly,Bitcoin is really more profitable compare to others the reason why many people are now investing to earn big aswell.
ajiejot
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June 19, 2018, 12:09:42 PM
 #447

It is very basic logic. "DON'T INVEST IN THINGS THAT YOU DON'T UNDERSTAND". Everything should start from the bottom. Knowing first the thing before investing is very important. Like investing in Bitcoin. You should know first the consequences before investing, also know how Bitcoin works and how market works, and you should also know that market is the one who deciding the price of every cryptocurrency.
kcirnhoj15
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June 19, 2018, 12:16:25 PM
 #448

We all know that investing is risky mostly to those currency that are not regulated by the country. If you do invest you should be ready for the possibility of what you can loss for the future, just invest if you care to loss them. It is not only to become losses, it is just like a game - either you can win or loss.
Ptrck
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June 19, 2018, 12:18:20 PM
 #449

For me, things to know before investing not only in bitcoin but also for the other cryptos is not actually that detailed or many to consider. You should just take an effort to understand certain crypto's market strokes before investing in.

vorobev
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June 19, 2018, 12:23:32 PM
 #450

That risk part is very much important to consider for all new investors. If anyone ignores this, he will sell his holdings in panic resulting in loss.
wahyu.prist
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June 19, 2018, 12:30:25 PM
 #451

Of course if we plan to engage or to create a form of investment with the use of Bitcoin, it is important for us to first set a good way for us to learn about the Bitcoin system. The reason is, there is always a risk in all types of investments and for us to reduce the risk we need to overwhelm it by knowing the right decisions we can make as part of our income and have the time to use Bitcoin. Thanks
rizki90
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June 19, 2018, 12:56:52 PM
 #452

There are some basic things to know before you invest. Start by searching for established and stable coins to gain a great deal of profit. Then look at market conditions at the time will invest. Do not invest when the market is in the green zone, wait when the market is in the red zone. The rest is only theory. Follow these steps, you may succeed in your investment.
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June 19, 2018, 01:18:01 PM
 #453

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 agree with you, thank you for your ideas that you share to us. As a member of the bitcoin forum I always aware to my investment and to the people who use another people just to dissapoint them, because of the scam that they do. This is important to the people who are just yet beggining here in bitcoin forum, they need to see this cause they will help them to be aware also like me. We should also careful to the money that we are investing today cause bitcoin has a volatile price.

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belalangsembah
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June 19, 2018, 02:03:25 PM
 #454

I think start small and do not put all your money in one place, think wisely and know the right moment before deciding to invest in bitcoin You must know the coin movements and risks that will happen
lobanoval
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June 19, 2018, 02:23:15 PM
 #455

Yes, it is a high risk investment and all investors should keep this in mind. This requires investors to invest only that money which they can afford to loose.
znakistu
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June 19, 2018, 02:30:37 PM
 #456

there are some aspects of investing that a novice investor needs to know: this is a strategy definition, that is, you must clearly understand what you want from your investments. Further - this is the definition of the type of investor to which you belong, since if you are an emotional type of person, you should only take day trading and do not invest on a long-term basis to avoid losing money. and the last - do research yourself, do not buy obscure coins just because you were advised by a friend.

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Larva14
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June 19, 2018, 02:44:13 PM
 #457

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.


Actually, there are lot of things that you should need to know before you invest in bitcoin. On the other hand, the first thing that you need to do is to know what kind of investment like you will use bitcoin in long term or short term investment. Lastly, just conduct some studies about bitcoin before you invest so that you can avoid losing money.
Kuya Kim
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June 19, 2018, 02:48:02 PM
 #458

I think start small and do not put all your money in one place, think wisely and know the right moment before deciding to invest in bitcoin You must know the coin movements and risks that will happen
I agree with you, we should start in low value  or invest in low value because as a beginner we ahould be familiar about the story of having a Bitcoin.

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June 19, 2018, 03:14:32 PM
 #459

Yes, the crypto investments are very risky. All investors should keep the risk factor in mind and invest accordingly.
TomCarpenter
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June 19, 2018, 07:43:11 PM
 #460

Thanks for your information that help me lot. still i am new in crypto market i always try to learn new things about crypto . I think crypto market is vast market without proper knowledge crypto investment is so risky.
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