Things you should know before investing in bitcoin

[enwi]

before investing it must know the risks that will occur in the investment because investment in crypto has a high risk and we should be able to know and analyze the crypto that we will buy whether it will be profitable or not, I think long-term investment will be more profitable

[budz0425]

It is necessary to have a background before we shell out money.Study what make cryptocurrencies unique.Know the advantages and disadvantages on how to transact bitcoin and other cyptos.We should take the risk when we investing in cryptos.Risk is always there in investing in cryptos because we don't know the price movement of each coins.If we are planning to invest we must aware on this statement.

When it comes to background checking I don't think that it is still necessary since we all know how much bitcoin becomes stable, so for me at least to know how much the investment could grow in the future and how much you are willing to take risk of your money.

[muhammedb]

before you think for investing in bitcoin the following should be put into consideration:
1) that you are ready to take the risk of losing fifty percent of investment
2) you should know what cryptocurrency is all about
3) taken your time and study and understand bitcoin market
and lastly don't be in a hurry to sell when you see grooming down to avoid lose   

[Coinlover9]

You have to take into account the fluctuations of the market if you have the stomach for it then only join.

[Roomshambles]

You have to think as a bitcoin investor, naturally you should find information about Bitcoin. If Bitcoin is why, you can act faster. As a result of losses if things happen that are not desirable, can be minimized.

[Escan0r]

If you want to invest, do a search on some websites. Because if you already know the basics about bitcoin, it will minimize the losses you get. But I hope you do not get the loss. Luck is on you!

[maxreish]

You should prepare yourself for the possible in your investment in bitcoin, one was working the literature grow your investment and there is also literature loss on your investment in this field. And before you invest in  bitcoin is known first yourself eligibility in this kind of investment,  and most of all you should have a patience " Patience is Virtue "

[vending]

I agree with you, need to understand first about this crypto currency. digital crypto system here is very sadistic, for example, I never experienced the process of sending wrong, in because with the wrong address.

[s2sallbygrace]

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 have to agree with you that the risk of investing on bitcoin is very high, that's why you have to be knowledgeable first in cryptocurrency before investing. If you don't know anything about cryptocurrency it would result to failure and a lost of your capital investment. Study, observe, learn, then apply everything you learn from cryptocurrency before you invest.

[Ngewex Yuk]

The most important thing we should know and understand about bitcoin is bitcoin embrace the concept of decentralization so that prices rise and fall like a roller coaster, if we are accustomed to traditional investments such as property, gold, stock and so then we can see a very clear distinction that the price rises and dropped significantly.

[Turkish88]

One of main things you sound know what in the blockchain nobody expect you control your funds.
Any mistakes you made land on your head

[rachelia13]

You also need to know the cause of the ups and downs of the price even though bitcoin trading is done in a fairly simple way, buy when prices go down and sell when prices rise, but knowledge of technical factors when trading bitcoin is also needed to better finalize your analysis of price movements. If your money is limited, playing bitcoin is a risky thing. Because of the 'wild' market share of bitcoin and without binding rules, the price of bitcoin will be very volatile.

[JeBro]

I think the main thing that you should know before investing in Bitcoin is to use only those funds that you don't fear and don't mind losing. Because investing in bitcoin is a very profitable, but at the same time very dangerous thing.

[UchihaRukawa]

You are true with what you are saying.that is why many people are deceived! Because they are just focusing on the promises of good profit without analyzing the process and the risk ! bitcoin indeed a good investment  but it take time and knowledge before you gain.  understand before you jump in!

[DevilBats]

Friendly reminders : Investing in bitcoin is no joke 'cause nowadays scammers do really exists, and securing your investment should be your top priority.

[alfs75]

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.

Will,this is a good advice to us,and we thanks for this bro,maybe its will helpul to us to become successfull in this cryptocurrency investing,especialy those beginner of this kind of investment,maybe some of this your statement we already know,especially knowing  about bitcoin high risking investment,and we already prepared for it especialy loosing sometimes,because thats the nature of digital currency have a high volatility in the market,only we can do is good strategy in participating cryptocurrency investment.

[karloscimot]

if i think how to join in bitcoin both trading, mining and bitcointalk forums. and how to insert or add deposit and buy sell and how to liquidate it into country currency (rupiah)

[zap2per]

Don't invest in anything you don't fully understand. That is why you must do a lot of readings and research, weighing the pros and cons, before jumping in any investment. So far,  bitcoin regards to be the most exciting and profitable investment of the modern times I would willing to risks my savings for this.

If you wait too long the you'll miss your chance.
So researching is good, you have a point there, but you should do it quickly.

[gabinsight]

Very helpful informtion, we should always try to help the crypto community with any useful information we think will help make other investors better.

[hacking13]

Before investing in bitcoin, i think its important to know well about this cryptocurrency before dealing in it. Also. know that there is no official Bitcoin price. Bitcoin’s price is set by whatever people are willing to pay. Also questions about when to buy bitcoin is common; As with any market, nothing is for sure.