Things you should know before investing in bitcoin

[lelylely]

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 you invest in crypto you have to understand crypto itself, do not just look from the profits but that needs to be noticed is crypto is unstable and full of risks.

[ListenMiss]

Yes I totally agree with you. We should have a main job to earn money and just see Bitcoin is a investment. Jusst 5-10% asset to invest in it. Do not get into debt to buy cryptocurrencies because someday you will have no money in hand.

[james.james]

We can have numerous ways to know before we invest to bitcoin or purchase on it. 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 ....

[Frederickkk]

We can have numerous ways to know before we invest to bitcoin or purchase on it.So, we should know all of these things before any kind of investment. Because every investment is valuable to us.

[player1001101001]

Before making an investment in bitcoin you should study the price chart of bitcoin. You have to buy the btc when the price of btc is low. Also remember one thing bitcoin is volatile and unpredictable. So don't judge it before investing money in it.

[DoublerHunter]

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 you invest in crypto you have to understand crypto itself, do not just look from the profits but that needs to be noticed is crypto is unstable and full of risks.

That is a good point because investing and going into cryptocurrency is not a joke and you should be serious and you should be working hard in getting a lot of information and use it to make a new idea that you can use as a tool or as a basis on your journey so the results will be more positive and fruitful.

[demonist]

Before investing in bitcoin you must understand the value of use and the fluctuation of bitcoin. More important is mastering the deals and always be cautious with your hosting assets. Keep your privacy and preserve bitcoin with familiarity. determine the target and form, more patience to achieve profit.

[Goodday]

1. if I think before investing in bitcoin that need to know of course is the level and risk that will be faced if you can not be careful to keep bitcoin wallet safely that is Bitcoin System safe from hacking, but your wallet not necessarily if you save card atm bank along with a password note in the wallet then of course if a time the wallet was stolen then the contents of the account will be immediately charred like a bitcoin wallet which to open it requires the ID and password security. it is useless if you are not careful yourself.

2. and also I think The next thing to understand before investing bitcoin the price is not always up but there are moments of decline Moreover, rising and falling bitcoin prices can happen drastically even when there is a time when bitcoin prices fall 100 Dollars in one hour So when investing Bitcoin You must understand clearly the market conditions and encourage the heart is not easy to eat rumors.

[oni4an]

I totally agree with the author of the article. If you want to enjoy the crypt, you don't have to depend on it. It is necessary to be self-sufficient to analyze the market quietly and make the right decisions.

[Jamesbob16]

Investments are naturally risky. I know how risky to invest in Bitcoin, but if you are willing to take the risk then be ready also to lose what have you invested. I think at first you need to understand what exactly cryptocurrency is and how it works, how it is different from fiat money. Never spend more money than you are willing to lose because investing in bitcoin is like gambling and you never know what will happen to your money. Its always better to hold as bitcoin will surely have a great future because bitcoin is the father of cryptocurrencies.

[Moblie_Legend]

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 opinions that you convey very true to us before starting the investment is a good idea we must know all the risks that we will get later

[abramovger]

All the investors should keep the risk factor in mind. This will ensure that they do not spend all their money on crypto.

[basicbasiccha]

before prevering first bitcoin we should important the following following people need to know thoroughly about Bitcoin, 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.

[Dudeperfect]

The only certain thing in this world is uncertainty and this rule applies to the crypto market too. Crypto is all about self-responsibility and anyone is responsible for his own actions so when it comes to the investment in Bitcoin, one should always do his own research before relying on others. The only guarantee is that anyone won't lose more than 100% and that's why one should invest not more than his loss-bearing capacity.

[biskitop]

the most important thing for me is to have a lot of capital, or at least enough to start investing. then learn well the bitcoin fluctuations, so that when prices fall not do panic sell.

[audrey.audrey11]

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 requires investors to invest only that money which they can afford to loose.

[Ambrosius]

Before deciding to invest in bitcoin at least we should have basic knowledge about crypto, what is bitcoin and how it works. Most importantly I think we should know all the risks we might face later so we can prepare a strong mental. If bad things happen, we are ready and do not go crazy by it.

[digroske]

Before investing please be mindful of the following:

1. Do your own reasearch on how it works, don't be a bandwagoner.
2. Invest your spare/dead money. Do not invest your tuition fee or your food allowance.
3. Know that bitcoin is unpredictable and be ready to control your emotions everytime a big dip is happening. Always have faith.
4. You have to know atleast the basics of reading candles, patterns, movements. If you are into stock trading it will be a nice start.
5. Prepare to be a billionaire 😬

In investing in the crypto currency, there is always a big risk and you must be ready for it. Study it well before investing in a certain crypto currency. Before planning to invest in bitcoin, you need to carefully study the basics of crypto currency

[lisajung0990]

I think you need to know a lot of things, not only when investing in bitcoin, but also other coins.  You must be prepared for this kind of scenario. Learn it well use a secure site to navigate and also use only reliable tools like your mobile phone, your computer and your home wireless network. Never use public network

[DragonETH]

I think you need to know a lot of things, not only when investing in bitcoin, but also other coins.  You must be prepared for this kind of scenario. Learn it well use a secure site to navigate and also use only reliable tools like your mobile phone, your computer and your home wireless network. Never use public network

there are many ways to protect your bitcoin investment. One common use of cold storage wallets. A good investment in bitcoin is the entrance to the local annual day, which is not easy to catch, then a calm profitable current.