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Author Topic: Things you should know before investing in bitcoin  (Read 2730 times)
FADI1
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June 12, 2018, 03:41:43 PM
 #341

You should know that it is really volatile. So you should invest in the long term and not get stressed if you see yourself losing money.
Boknoyz
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June 12, 2018, 03:45:53 PM
 #342

Another important thing to know is how to keep your investment safe both on exchanges, online wallets and hardware wallets. Never share your password or seed with anyone under any circumstance. If you do share it with someone then you need to change it right away because no one can be trusted in the crypto world.
todiefor17
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June 12, 2018, 03:46:46 PM
 #343

I think at the moment it is not a good time to invest in new people because it is so chaotic that even new entrants enter the maze. What you say is just psychological trauma. I think so

NaomiNagata
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June 12, 2018, 04:02:35 PM
 #344

If you need my recommendation, I can say you that you need to study about Cryptics. Cryptics is a blockchain-based cryptocurrency exchange rate aggregator fully reliant on neural networks and AI for building market predictions based on real-time data. The system was developed by PhD in mathematics and computer science, as well as former employees of Intel, Alcatel, Nokia, NEC, SAP, Wings with an average professional experience of 9.4 years. That allows Cryptics to make trustworthy predictions with 70% accuracy. The future has come! If you want to know more - https://youtu.be/52RacK8L4GI
domerosan10
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June 12, 2018, 04:20:55 PM
 #345

This is simple if you want to invest bitcoin, you just find out about bitcoin on the internet or you find out about bitcoin in bitcoin forum (bitcointalk.org). There is a lot about bitcoin and you can ask bitcoin how to invest well and correctly.  Smiley
Pepito Manaloto
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June 12, 2018, 04:30:16 PM
 #346

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 think one of the most important thing you should know before investing is that you are going to stake a large amount of money here without an assurance of getting it higher or lower so you should think about it carefully before entering. Though that's the thing, you should still give it a try and see if you will really benefit from investing here.

Marvelio
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June 12, 2018, 04:33:12 PM
 #347

Before you invest, you have to learn what is cryptocurrency, the pros and cons of each cryptocurrency. you already know the risk if in case of a decrease from your original investing you take and accept the fate that you may lose here if you want to sell it for fear.
I suggest you do not sell it at any time if it decreased very much at once and still be wise in managing your finances in investing.
Rhaizan
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June 12, 2018, 04:40:16 PM
 #348

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 think one of the most important thing you should know before investing is that you are going to stake a large amount of money here without an assurance of getting it higher or lower so you should think about it carefully before entering. Though that's the thing, you should still give it a try and see if you will really benefit from investing here.
The most important you should know before you invest in crypto is you need to take the risk on it, you should know how risky the crypto is so you are not surprised what ever may happen. You need to be careful everytime you invest .know when is the right time to buy.
franantp
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June 12, 2018, 04:45:56 PM
 #349

i think everything about bitcoin should be understood first including the market trend which  should be properly observed and analyze it's movement. Once you had fully understood and familiarize the market trend, you should only invest money which you think you can afford to loose it wherein this cannot affect your savings.Consider that bitcoin is very volatile in nature and may fluctuate from time to time which is beyond one's control and 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.
mulia tani
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June 12, 2018, 05:02:14 PM
 #350

yes, this should be understood first if someone wants to invest in bitcoin, because in we invest bitcoin no one's name is responsible person if something happens that we do not want, if we are ready to win the risk you can rely on this bitcoin
Lalafell
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June 12, 2018, 05:04:12 PM
 #351

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.


Thank you for this advice this is big help for me before I start to invest in bitcoin. I know in this kind of investment you need lot's and lot's of knowledge about in cryptocurrency. I am so thankful and happy, you make a post like this, it is good reminder for all investors wants to join in bitcoin.
arlington
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June 12, 2018, 05:09:12 PM
 #352

from personal experience greed is a thing which in any case shall be controled and otherwise you would loose the profits that you have and left with nothing and even loss.
rindayle
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June 12, 2018, 06:24:37 PM
 #353

Investing is always a risk, but in the crypto currency where volatility is higher, respectively, more risky. Cryptography is a young sphere to investing and we do not know all the nuances and movements of this currency.
Being a high volatility of cryptography, which fluctuates rapidly, it grows or decreases in the market.
Sandijoee
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June 12, 2018, 06:39:44 PM
 #354

Investing bitcoin is very profitable. It can even make you rich. Things you should do if you want to invest bitcoin, you know enough about bitcoin and you should know about it on the internet or your close friends who know about bitcoin. Bitcoin also has a forum called bitcointalk.org, where you can also ask questions about investing bitcoins properly and correctly.  Smiley
tanginamoo
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June 12, 2018, 06:58:50 PM
 #355

First things first, an investor must learn and understand the insides and outs of the system of bitcoin. An investor must be knowledgable about the things that must and must not do.

ashahin7799
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June 12, 2018, 07:18:28 PM
 #356

Before investing in bitcoin, you must know about investing well.You have to know about bitcoin.To know more about the crypto currency.Besides, the most important thing for investment is the market.Because, the price of bitcoin is not always stable in the market.The market's price increases and decreases.You must know better about the current market.
walemil
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June 12, 2018, 07:29:03 PM
 #357

Thank you for this. Whoever wants to invest in bitcoin must first know everything about it through reading or otherwise. Then the individual will need to be a patient type who would not expect bitcoin to make him rich the next day after investment. He must also be ready to do his due diligence in order not to be scammed.
lxakigcn
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June 12, 2018, 07:35:43 PM
 #358

Yes, these are very important for a beginner. I plan to consider these factors carefully before investing.
susuberuang
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June 12, 2018, 08:01:24 PM
 #359

yes you really should when you want to invest bitcoin better you see first what makes bitcoin price move and how much risk you can get from having bitcoin because by having bitcoin you also will get very big loss, you have to be really recognize bitcoin before investing bitcoin.
Nelly.G0211
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June 12, 2018, 08:24:37 PM
 #360

I think it's better to read some books about high-risk investments. And of course you should invest only spare money, the money which your life doesn't depend on.

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