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Author Topic: Things you should know before investing in bitcoin  (Read 2680 times)
kaybounty
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June 21, 2018, 05:50:01 AM
 #501

Before investing in bitcoin you must understand everything about it so that you wont regret anything. You must know how it works and understand the risk associated with it. You must be opened to any possibility and make sure that you can accept it, because it's not all the time you are 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. If this happened, you need to exercise patience till the price picks up again.
Even if you use Bitcoin through Tor, the way transactions are handled by the network makes anonymity difficult to achieve. Do not expect your transactions to be anonymous unless you really know what you're doing.
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Sevarchik
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June 21, 2018, 09:54:13 AM
 #502

You should know bitcoin work and understand something about network security and if your funds will be stolen nobody cant help you

DoublerHunter
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June 21, 2018, 09:56:33 AM
 #503

You should know bitcoin work and understand something about network security and if your funds will be stolen nobody cant help you
That is a good point and people should always understand what they are trying to get into before they fully make a commitment to try it because if you don't know or if you don't have any knowledge about the thing that you are about to try then it is not worth it to just keep your attention to that because you will fail and you will not get the success if you don't have knowledge about it.
manfredmann
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June 21, 2018, 10:24:03 AM
 #504

Yeah there are so many things to know before investing in bitcoin and the easiest way to obtain those things or information is through forum. Bitcointalk forum is the best so far where you can directly other member who had also some experience and expertise on invseting bitcoin. I bet this thread has a lot of inputs from other members and this is very nice.
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June 21, 2018, 10:36:21 AM
 #505

Yeah there are so many things to know before investing in bitcoin and the easiest way to obtain those things or information is through forum. Bitcointalk forum is the best so far where you can directly other member who had also some experience and expertise on invseting bitcoin. I bet this thread has a lot of inputs from other members and this is very nice.
A lot of people are investing in Bitcoin and it’s becoming increasingly clear that it’s not just a passing fad. It’s also clear that it’s potentially very lucrative,though not without risks. So, before you invest in cryptocurrency, it’s a good idea to have a goal in mind and know how much you can afford to lose
spyerf
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June 21, 2018, 10:46:35 AM
 #506

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, that's all we need to know and do before investing in crypto, to avoid panic when value decreases and we can restrain it calmly.
Geemy
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June 21, 2018, 10:52:38 AM
 #507

This is a market that can rise in price and the sure one is the low price because most of the news is false and only affects the negative
znakistu
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June 21, 2018, 11:20:51 AM
 #508

first, and most important: you must invest as much as you are ready to lose without unnecessary emotions. Next: orient, than fill your crypto portfolio with what altcoins. If you want a balanced investment portfolio, investing in the ten most valuable currencies can be a good strategy. and, of course, decide on the strategy. bitcoin is best stored on a long-term basis.

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wuxiangyang
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June 21, 2018, 11:25:13 AM
 #509

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.
bitterdog
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June 21, 2018, 11:31:28 AM
 #510

we have to mastering a lot of knowledge about bitcoin before we invest and entering crypto world. Because like we all already know, bitcoin is so fluctuative and we have to face it with open minded and wise decision. anyway thats a good tips, and thank you for sharing! Smiley


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HukoJla
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June 21, 2018, 11:43:50 AM
 #511

Before investing, you need to understand what bitcoin, blockchain and crypto currency are in general. Not to get upset when the schedule goes down and does nothing stupid. Invest as much as it is not a pity to lose, because today it is a very risky business. Also you need to at least a little bit to find out what trading is, today it is impossible without it on the stock exchange. Learn from other people's mistakes which unfortunately today, a lot has been done.
saumang2m
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June 21, 2018, 01:33:50 PM
 #512

We must have complete information about Bitcoin before investing in Bitcoin. Because Bitcoin is such a platform. In which our investment keeps us changing both profit and loss over time. Price in Bitcoin keeps changing all the time. So when do we have to invest and at what time we will profit from our investment. This information should be there.

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Babycuteless
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June 21, 2018, 01:43:52 PM
 #513

Before you invest you need more information to know if your investing in company is trusted and not scam and you need to understand the goal for their campanies if it has a good to the future or it cannot help.
Jacata98
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June 21, 2018, 02:06:36 PM
 #514

We should know the advantages & disadvantages of bitcoin, also is it safe or not. we should know every detail of Bitcoin if we want to invest so you will not regret.
baho11
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June 21, 2018, 02:08:13 PM
 #515

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.
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June 21, 2018, 02:13:57 PM
 #516

We must have complete information about Bitcoin before investing in Bitcoin. Because Bitcoin is such a platform. In which our investment keeps us changing both profit and loss over time. Price in Bitcoin keeps changing all the time. So when do we have to invest and at what time we will profit from our investment. This information should be there.

Bitcoin is very popular now so a lot of information about bitcoin is everywhere in the internet. Investing in bitcoin will give us good profit but at the same time will lose our funds if we will not study all about bitcoin.
thereactor334
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June 21, 2018, 02:14:28 PM
 #517

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.
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June 21, 2018, 02:21:04 PM
 #518

I believe, before making any investments, you should learn about the project you are going to put your money in. And doesn't matter if it's btc or ethereum, real estate or stock share, etc. If we talk about investing in blockchains, you should understand the way it works, how to keep your crypto safely, and learn about money-management/risk-management.
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June 21, 2018, 02:31:54 PM
 #519

Investment in bitcoin is risky, you need to invest more than you are willing to lose. It's not easy if you loss much your money. Always think before to risk.
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June 21, 2018, 02:42:07 PM
 #520

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.


For me first thing you should know before investing in bitcoin learn the basic cryptocurrency and then if you want to invest in crypto you need to know,what is crypto and what type of crypto will you invest.If you choose now what crypto you will invest,be sure that it is legit and many people know about that.So that if you have a question about your crypto, you can ask someone who know about that and you will be updated what happen to your crypto.
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