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Author Topic: Things you should know before investing in bitcoin  (Read 2691 times)
Kurukungkwang
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June 07, 2018, 11:31:24 AM
 #201

before you invest, there are a few things you should pay attention to. That is the authenticity of the investment, the legal basis used by the investment, the existing team within the investment organization, and so forth. In investing should be considered really so as not to happen things that are not desirable.

If we want to invest Bitcoin especially when you invest money know your investor of who is he or she before you joined that kind of investment because this time they are so many scammers that's why we must double carefull about that investment.
Potchi
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June 07, 2018, 11:45:22 AM
 #202

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.


We should fully understand that in doing bitcoin investment, earnings depend on how we handle the investment. Knowing that we are purchasing or holding a particular goods for future income, it is wise to invest only an allowable amount from our asset. Knowledge, attitude, and awareness are important factors to consider to become a successful investor.

jaaeeeyyyy
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June 07, 2018, 11:46:01 AM
 #203

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.


Just like any investment in the world, bitcoin has its own share of  ups and downs when we talk about its price. There are price differences that make this happen. The only thing that's alarming about bitcoin is that the volatility, or the rate at which a certain product's value appreciates or depreciates over time is faster than any other currency, making it unable to become a currency which is what it was intended to be in the first place.
sneeze11
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June 07, 2018, 11:46:38 AM
 #204

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 I do not do investing so that I don't know what you should know before you invest in bitcoin but for me I think you need first to make a research or to find a friend that you can ask something about investing. Other said that you need first  to know who is your investor so that you can avoid scammer.
Gotumoot
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June 07, 2018, 11:56:34 AM
 #205

Knowing about the history is very important, who invented it and for what reasons, how it can be used, bought, saved. It's value and accessiblity, present and future worth is also important thing to know.
Before investing in bitcoin we need to know all the things about it. Its basics, advantages, disadvantages, the market, and the processes. Because for me, i think that if you know all the things about bitcoin, you will be a wise investor, this not guaranteed that you will surely succeed on your investments, but it just will help you to success on your investments.
Chopmoney
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June 07, 2018, 11:58:56 AM
 #206

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.
Bile123
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June 07, 2018, 12:04:01 PM
 #207

My opinion before investing in bitcoin, you need to conduct a full investigation of this information, to learn all the smallest details in this branch, because you have a long way to go
Kuda Liar
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June 07, 2018, 12:07:38 PM
 #208

I tried to apply it first to active crypto trading, I happen to also a forex trader. I think there is almost no significant difference and bitcoin especially crypto currency is easier, but there are some things about the slightly different price ie the level of fluctuations are quite extreme.
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June 07, 2018, 12:13:36 PM
 #209

something to keep in mind before deciding to invest is that you have to learn about coins to buy and know about risks because investing in crypto has high risk and you need to know when is the right time to start investing

crystalworld
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June 07, 2018, 12:26:02 PM
 #210

Knowing about bitcoin worth, values ,price, accessiblity by  countries, storage unit, and it's history. When to buy and how to sell. Is still very much importance
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June 07, 2018, 12:37:27 PM
 #211

In every investment, there is always a risk involved and that's the way cryptocurrency works especially with bitcoin. Always consider that bitcoin can fluctuate at any time and no one know when will bear market comes or known to many as volatile in nature. Just wait during bear market when buying btc at a lower price and just hold it in a longer period until such time you will be able to make good profit from your investment. When making investment, just invest with bitcoin on your spare money and not all your savings will be put into it as your investment will be good for long term plan.
Stormyblue
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June 07, 2018, 12:41:18 PM
 #212

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 contain some important points that every one should note. One thing you must also note is that, when investing in any form of the stock market your returns are not guaranteed but it certainly depends on the particular venture you are investing into. Bitcoin has been stable recently but if we look at it in the long term perspective we can say that it has proven to be a very lucrative investment opportunity. So sometimes it is good to be patient and invest for long term.
Gila uang
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June 07, 2018, 01:00:56 PM
 #213

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.



I think Investing makes you feel comfortable with the currency and is waiting for it to grow. But it is possible that the thing in which you invest will not work. With this, you may feel tired or whatever. You must be prepared for this kind of scenario. Learn it well, before investing in a particular cryptocurrency.
Before you invest the bitcoin, you have to learn what cryptocurrency, the pros and cons of each cryptocurrency, you have calculated the risks you may take, and accept the fate that you may lose here.
GotNow
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June 07, 2018, 01:34:18 PM
 #214

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.


Thanks for letting the people get informed on the dangerous of investing in Bitcoin. People call Bitcoin a scam easily when they lose their money on it.

It's a big thanks for those people have giving tips and idea about this bussiness. I'm new here and I'm glad to know this kind tips for us. Hope there are more people here that are willing to help and share thier knowledge about bitcoin so that all begginers like me will not be suffer of lack of knowledge about bitcoin.
charlemagne_15
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June 07, 2018, 01:47:52 PM
 #215

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.



There is indeed a lot of things you must consider and know first before entering the world of investment in cryptocurrency. What you have stated are the examples of it. I would like to add that you need to study cryptocurrency deeply. Know every details of it like the true meaning and purpose, pros and cons, current state of it, system, different types, and so on. If you do the following I can guarantee you that you can now invest in bitcoin smartly.

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June 07, 2018, 01:53:44 PM
 #216

Before investing. Be sure that you have a job. A stable job that has a stable income. Because if not, then don't invest in bitcoin or in any other coins. Investing in bitcoin is only for those who has an extra money that will not affect his savings, expenses in daily life. Another thing is that sometimes, the rate of bitcoin is high and sometimes low. So don't expect too much.

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June 07, 2018, 01:54:59 PM
 #217

Thanks for the advise , truly need to know these things if you want to be a investor of this market and keep away from scammers.
KenChanYu
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June 07, 2018, 02:26:13 PM
 #218

Thanks for the advise , truly need to know these things if you want to be a investor of this market and keep away from scammers.
Investment carries a degree of risks, and losses. It's highly-recommended to be emotionally stable, learn about what you are dealing with, check the background of the project, gain as much knowledge, don't stress yourself, diversify, and do your own research. Don't rely too much on others, find the best strategy that works for you, and be patient. You may win or lose, but be hopeful and learn from the experience.
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June 07, 2018, 02:32:35 PM
 #219

We can have numerous ways to know before we invest to bitcoin or purchase on it. So on the off chance that we are in the first run through to contribute we should know on what this bitcoin it is and know likewise to those individuals that they utilizing a bitcoin however that isn't genuine expectation since some of them are scam. So should better to get some information about bitcoin or make some exploration.
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June 07, 2018, 02:40:46 PM
 #220

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.

Hi there Jackypot! Is this a precaution to future investors or this is what you have experienced? I'm into you, like what other investors say. Do not invest a money that you can't afford to lose. That means the time you start to invest is also could be the time you want more money or the time you could lose that money. A rule of thumb from the experts says, take a portion of your salary of saving, invest a quarter of it. And when it is profitable, you can then upgrade your investment and roll out all the rest. Eventually, the money that you invested could be withdrawn and the rolling money remains is the income you have the gain. By that, it will not hurt your pocket at the long run.
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