Things you should know before investing in bitcoin

[loraalbert]

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.

[Labay]

There are no complex things to know before investing in bitcoin.First you should kmow that we have to buy bitcioin when the price of bitcoin decreases and should sell them at a good profit.These things are enough before investing in bitcoin.

Are you sure? what if the bitcoin has gone? you should know about the bitcoin because it help you a lot on how you should sell and what coin you would buy.  We know that it is easy to do but there are things you should know not about the bitcoin only but in the whole cryptocurrencies.  You can earn a lot if you know more than others and it is advantage of having more info.

[careCentre]

When considering investing in bitcoin, you must know or study what cryptocurrencies are, pros and cons of each cryptocurrency, you must calculate the risk that you might take, and accept the fate that you might lose here. Investing is making yourself comfortable to that currency and wait for it to become big. But there are chances that the thing where you invest will not be successful. With this, you might feel burnout or anything. You should be ready for these kinds of scenarios. Study it well, before going to invest in a particular cryptocurrency. You should also know how to store and trade bitcoin. You need to know the market information of it at present. And of course, you have to be mentally prepared because the price of bitcoin is always changing.

[xAnima]

Well, i suggest users before they even start using or learn about Cryptocurrency, they must at least be interested in the stuff they will learn about because if you got no interest whatsoever in Cryptocurrency and your only following some rules to earn money, then that would be a waste of time. If you learn more about Blockchain Technology, you can create your own Crypto which is actually good for a starter. Investing must be made with a decision that is firm and you must at least know the risk that will come.

[MostafaGamal]

Well, but I think it's all warnings about dealing or trading, and that's good for new people to take care .

[mudasarali43]

I think there are a lot of things are compulsory to know before investing, Where you are going to invest you must have a good knowledge, Coin detail and Value in the market there high and low and team working and the how much bitcoin price is affecting to this coin and some other technical analyzations are best to know before start trading,

[Ianbadz2000]

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.

First you should know always the risk before you invest the said coin, knows not only the positive output but also the negative sides of this investment. Because some are only expecting the profits.

Very true mate we all know that when you join in investing or trading it has a very big risk to us so whatever may happens accept the winning or loosing part,..

[abojamal]

Great tips, especially those that talk about not investing more than you can afford it loss
Many people have lost large sums of money because of their inexperience and greed in fictitious profits
Well there are important tips a trader should take such as
To learn speculation and study it carefully and extensively
And investing in safer currencies
As well as the distribution of risk on more than one currency and the lack of concentration in one currency

[jamids]

Well, i suggest users before they even start using or learn about Cryptocurrency, they must at least be interested in the stuff they will learn about because if you got no interest whatsoever in Cryptocurrency and your only following some rules to earn money, then that would be a waste of time. If you learn more about Blockchain Technology, you can create your own Crypto which is actually good for a starter. Investing must be made with a decision that is firm and you must at least know the risk that will come.

Before investing into something, make sure you know the risk involved because you might be having high hopes for that investment but you don't know the nature of it. Bitcoin has high risks but due to the possibility that you will earn higher from it in a short period of time compared to other investment vehicles, it is a lucrative investment and many are getting interested to invest in it. Making sure that you understand how bitcoin works or at least gain value is important so that you will know in what events there is a possibility that you would want to pull it out to avoid losses.

[HanaTenun]

Before investing into something, make sure you know the risk involved because you might be having high hopes for that investment but you don't know the nature of it. Bitcoin has high risks but due to the possibility that you will earn higher from it in a short period of time compared to other investment vehicles, it is a lucrative investment and many are getting interested to invest in it. Making sure that you understand how bitcoin works or at least gain value is important so that you will know in what events there is a possibility that you would want to pull it out to avoid losses.

the risks to investing bitcoin are very high, which is why some countries are banning bitcoin regulations in their countries. if we see a proof of risk from bitcoin is the end of last year, where bitcoin prices rose high and dropped dramatically in the early months of last year. this should be noted and understood for people who want to invest bitcoin.

[ifahbtcs]

  ;)good luck

[Ethelbert Moore]

If you decide to buy bitcoin, you must understand that why should you invest in Bitcoin? Bitcoin is one of those digital currencies that are extremely safe to trade. The kind of technology used in bitcoin trading is very safe and secure. No matter which part of the globe you move to, you can easily trade bitcoins with no difficulty.

[genlocy]

The main think to invest before bitcoin is to know about it,people should know about it fast of all and should know how to invest in bitcoin ,and investor should analyses on it daily.

[domasal]

Also, you must be technologically minded to trade and understand bitcoin exchanges. Otherwise find an easy way to invest like buying them at an ATM machine

[Roadarks02]

;)good luck

In my own opinion before you invest in bitcoin is that you should know anything about it from what is a bitcoin to how risky it is to invest in bitcoin and how do bitcoin work. You should know that bitcoin is volatile like any other crypto so expect the dropping and raising of price. You should always check the technology if it is secure enough to do some trading.

[mary0919]

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 investing in bitcoin you should know first what is bitcoin and how to do transactions with bitcoin. One important thing is on how to trade bitcoins and other cypto coins for you to really earn. Bitcoin at first based on my first known is very hard because of its wallet I felt hard for what and how it is to do but later as I have studied about it it is so easy and is not so hard to earn.

[olalaMaty]

before prevering first bitcoin we should important the following following
people need to know thoroughly about Bitcoin, the virtual currency market and absolutely do not participate in trading platforms, investing in Bitcoin online or hearing good words from Bitcoin. unknown people

[judel_2018]

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.

Before we invest Bitcoin we should know first the people who is he before  you obey especially money. We try to ask first about that investor if it is not fake so that the time will come we cannot fell regrets.  

[prediction on bush]

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 important thing you should know before investing in bitcoin, know that bitcoin is unpredictable and be ready to control your emotions every time a big dip is happening.

[Jundel2018]

Also, you must be technologically minded to trade and understand bitcoin exchanges. Otherwise find an easy way to invest like buying them at an ATM machine

Before investing in bitcoin it is really important to understand how bitcoin works before investing any money. As we know that bitcoin is really risky so we should be responsible enough in doing the investment know whether it is a scam or legit investment you can do some research about that investment. Also if you invest your private keys should be remain private and not shared and used a wallet if you want to be secure.