Things you should know before investing in bitcoin

[Creation-arts.com]

What a great thread this is...

...reading all your advice, very helpful.

 thank you very much! 

[BennyK]

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.

Very informative piece. One thing that is also necessary is to know very well what you are investing into. You cannot throw your seed unto any soil, you must first check for fertility and other soil profile. The same principle applies with cryptocurrency investment. You must know what the project is about and how feasible it is in our society and the cryptocurrency industry. You must also learn to diversify your portfolio in other to cater for losses that may arise from one investment.

[Remainder]

That are some good advice to learn first before we have to invest in crypto, many people also learn from their mistakes or suffer more lose before gain big profit, just also be wise as always here in crypto because bitcoin is always not a good profit and easy money, you need to work hard for it.

[Baby Dragon]

First need to understand what exactly cryptocurrency is and how it works, how it is different from fiat money. The price variation is exactly like shares it varies from time to time so need to monitor the price as well so before entering into bitcoin little bit groundwork is required.

Before you enter in this kind if business you need knowledge how it works in the market and how to get high profit. You need to understand every single details and time to time to monitor the value of crypto. It's not easy to invest in bitcoin you need lot's of research and patient and be optimistic.

[maro159]

I would also like to tell a few words about BTC fees.
Transaction fees are not very high now. You can make a medium-speed transaction setting fee at 15-20 satoshis/byte and get it confirmed in 20-30 minutes. It gonna cost not more than $0.5
The whole thing is it wasn't like this in december, for example. It was the time when btc price had been rised and transactions were much more expensive and slower. You had to pay a few dolars and wait up to several days for a confirmation.

[jake zyrus]

Thanks for the information you drop it here regarding how to take  risk when you investing in crypto's, yes risk is always there in investing in in crypto's because we don't know the price movement of each coins. So if you planning to invest you must aware on this statement of the OP and just invest that you can afford to lose.
Being a high volatile of crypto's that's makes fast fluctuated either increasing or decreasing in the market.

Investing in bitcoin is very risky and unpredictable the price movement. You need  to learn about bitcoin works in the market. You need more details and information before you start to invest in bitcoin it is big help for you to not lose your money.

[Nakakapagpabagabag]

That are some good advice to learn first before we have to invest in crypto, many people also learn from their mistakes or suffer more lose before gain big profit, just also be wise as always here in crypto because bitcoin is always not a good profit and easy money, you need to work hard for it.

Before investing on bitcoin, you need to know about it, study its basics, to know its advantages, disadvantages, its market, the process. And be patient on waiting, because bitcoin is volatile, its price is changing from time to time and you dont know when will the price rise and down. But knowing that all does not guaranteed that you succeed, this just help you to be a wise investor.

[zarintasnim]

Investment is always risky. But if you want to earn good amount profit you should go with invest. Because no pain no gain. You should no market condition. You should take calculated risk. Do not invest your all money.

[forklif]

I am grateful for this information. I think the first thing we need to know first is whether the bitcoin is thorough. so we know that here there are risks, unstable, and others. then we will not be rash in making decisions.

[abderrazak belkhir]

Your ideas is good and Summarize all the risk of bitcoin investment people should know all those info befor investing

[Jessica2009]

Bitcoin is a major crypto currency which is found more powerful in the market. The investor should fully aware the in and out of the object prior to the investment.This is a new form of economical concepts which are totally linked with the modern technology mean time it is contrary to the current economical system.The originators has introduced it in the market has ensured its security and the credibility by incorporating its valuable features such as decentralized one,anonymity, electronic ledgers with the block chain technology.These attractive factors are the notable features of bitcoin to become more popular one in the market.

[a4techer]

Yes this is right bitcoin investment was high risk and people didn't know this and they invest and invest without knowledge in cryptocurrency so in additional to know more about bitcoinninvestment was try to research and find more blogs social media for your additional knowledge on how to join in investment and to avoid scammers.

[Yawuu]

Before you invest in bitcoin, you should first know that you are not here to get rich in a single day. People get disappointed a lot because when they hear of bitcoin investment, they just think it is a sure jackpot where you are going to make millions in a single day and if this does not come true, they get disappointed and make decisions like selling at lower prices.

[denzkilim]

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.

These are some of the good tips for people who want to invest in Bitcoin. If they really want to invest in Bitcoin, they must consider the risks that they want to take. They also need to gather sufficient knowledge on what Bitcoin is. They must ask some people who has experience in investing in Bitcoin. Gathering knowledge and experience of other people will help you reach your goals and overcome the risks.

But even with this kind of precautions and "things to know" before investing in crypto currencies there are still some people who ignores it and directly jump on investing without knowing the risk of what they are doing. I think those people that invest without knowing what they are doing are fueled by greed to profit a lot of money and make a lot of folds from their investments. And majority of the time these people end up frustrated and a lose lot of percentage from their investment because of greed and they are the main targets of the FUD spreaders.

[setsuna_gray26]

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.

Stable job is one of a person need, jobs help people to gain money, to improve theirselves and to soar their passion. For me, the things you should know before investing to bitcoin are: first, you must be literate about investing and about bitcoin, you must be strong hearted and to be risk taker in doing a investment.

[rasel666]

I think first you have to khow about cryptocurrency coin.

[bitllionaire]

That are some good advice to learn first before we have to invest in crypto, many people also learn from their mistakes or suffer more lose before gain big profit, just also be wise as always here in crypto because bitcoin is always not a good profit and easy money, you need to work hard for it.

Before investing on bitcoin, you need to know about it, study its basics, to know its advantages, disadvantages, its market, the process. And be patient on waiting, because bitcoin is volatile, its price is changing from time to time and you dont know when will the price rise and down. But knowing that all does not guaranteed that you succeed, this just help you to be a wise investor.

That is right, it is very must important that we much have good knowledge about bitcoin investment, we also need to get some trading experience before investing a big amount of money, because, because trading is not as such an easy job as people are taking it.

[bling-bling]

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.

Bitcoin has been around for almost a decade now and have gone through numerous controversies in its existence. Many praised it and some mocked it for countless of times. The facts stated above are basic facts which are already known by many of us. But this is good for the new comers as a guide and also to remind us, who have been in this system for quite some time now, about the basics that we usually neglect. Fact is, Bitcoin is indeed of high risk. But it is also a high potential for profit.

[Mia Wallace]

The investor should fully aware the in and out of the market prior to the investment .Bitcoin is a new form of economy linked with the modern technology which is totally contrary to the current economical concepts we are following at present.The originator intends to provide a powerful currency for the spending to the public world wide.Bitcoin is a decentralized one so there is not any controlling authority over it and this can be operated with out any banking interference, maintains the anonymity means the buyer and seller only knows about the deal.Its all transactions are recorded in an electronic ledger with block chain technology.Due to the above features more people are attracted to bitcoin world wide..

[Shiversnow]

I think having some basic digital market knowledge before investing in bitcoin makes your path easier.

Yes, having basic knowledge about in investing is a big help for you cause is not easy to join in investing in bitcoin it's so hard it's lot's of risk and challenge. Investing in bitcoin is good opportunity to grab but if have lack of knowledge about in investing in bitcoin it may cause to lose your money.