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Author Topic: Things you should know before investing in bitcoin  (Read 2691 times)
xamxam
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June 17, 2018, 06:04:07 AM
 #421

Bitcoin is a good investing in terms of crypto currency, bitcoin is volatile, but because of that, bitcoin is eye catcher to the investors. They choose to invest on bitcoin because they see how big and fast is the changes of bitcoin to the crypto currency world. The investors need to know first the market price before they invest on it.
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June 17, 2018, 06:09:14 AM
 #422

How to store, use and secure the bitcoin we have is very important to know before investing bitcoin. but also the factors that can affect the movement of bitcoin prices need to be learned so that when investing later we will benefit through bitcoin investment, and bitcoin that we have will be safe and can not be stolen by others.

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June 17, 2018, 06:22:16 AM
 #423

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  Wink
DoublerHunter
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June 17, 2018, 06:36:30 AM
 #424

You should know that bitcoin is a very volatile cryptocurrency that can give you a lot of profit in a very short time and it can also give you a very huge loss in just a short time after you have invested your money in bitcoin so you should know the risk and only invest the amount of money that you don't care if it will go to zero.
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June 17, 2018, 07:52:54 AM
 #425

we all need to know this and also maintain this for the welfare of us.
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June 17, 2018, 01:29:48 PM
 #426

things to know before starting bitcoin investments that make sure the money you want to invest must be ready to lose because no one can predict the profit or loss and recognize the concept of performance mastered his first science
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June 17, 2018, 01:38:28 PM
 #427

There are lot of things that you should know before investing bitcoin. First is know its background, then know the process just like in investing and applying  for a job in order to earn and receive high profit. After all everything will follows into place, just be patient and do your best.

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June 17, 2018, 01:43:53 PM
 #428

You should fully understand how bitcoins works, you should know also the factors that affect the price of the bitcoin. Bitcoin is too volatile and it is the reason why it is considered as extremely risky investment.

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June 17, 2018, 01:54:46 PM
 #429

Before entering this game of course it's better to has some knowledge about crypto market,strategy and understand how it works. There's always a risk loosing more than gaining profit,so everyone should care about his savings for such case and never to invest more than you can afford.

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June 17, 2018, 02:07:46 PM
 #430

we must learn and know about the digital currency and its systems before starting investing in bitcoin. we must know all the risks that we will get if we invest in bitcoin. we should be able to understand the situation and market conditions of coins in exchange. we must always follow the development of all coins.

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June 17, 2018, 02:26:48 PM
 #431

we must learn and know about the digital currency and its systems before starting investing in bitcoin. we must know all the risks that we will get if we invest in bitcoin. we should be able to understand the situation and market conditions of coins in exchange. we must always follow the development of all coins.
The first thing to do before investing in bitcoin and other alternatives coins, is to research about the cryptocurrecy and what kind of coins we deal for. Study first and learn what kind of business we make. Bitcoin needs a lot of patience and deeply understanding.
Raline
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June 17, 2018, 02:34:59 PM
 #432

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.


it's very good for us to think more about some things before investing in some ICO or other cryptocurrency purchases, it's kind of a warning to us .. it's great, I'm so helpful
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June 17, 2018, 02:36:18 PM
 #433

This thread is very helpful especially to those new in bitcoin and other alternative cyrptocurrencies. In deciding to get involve in this market, people is responsible to study the systems before investing.

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June 17, 2018, 02:43:29 PM
 #434

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.



Bitcoins aren't that hard to invest on and I guess with these tips posted by OP, it wouldn't be so hard to adjust and maintain a certain value of money for bitcoins. You should know all too well that as a mew investor of bitcoins, that you're prepapred to lose some and gain some during the length of your holding.

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June 17, 2018, 02:59:30 PM
 #435

I think it would be best to ask for advice and advice of a person who has deepened into this area and is already actively leading either a purchase or an investment in this coin, it is also worth studying the information on the Internet.
Leaving with zero preparation is a big mistake. Instead of self-studying, we could ask the acquaintance who has been engaged in bitcoin for quite a long time. Since he already has experience, we could ask him a lot. And we also don't need to be uncomfortable because he is our friend anyway.

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June 17, 2018, 03:22:35 PM
 #436

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 the technology behind it, how it works, what's the business model of that crypto currency. the team and future potential and possible market volatility.
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June 17, 2018, 03:29:43 PM
 #437

A well-written points that need to be learn in getting into digital market. In all investment it's either you lose or you gain same in bitcoin, that's why you must learn the system first.

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June 17, 2018, 03:34:29 PM
 #438

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.


In investing you need first is learning. You need to search some info about investing and make yourself familiarize on where you want to invest your money. After that know its strengths and weaknesses so you are aware of what might be happen. And lastly, do not turnover all your money on it, it is so risky.

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June 17, 2018, 09:44:31 PM
 #439

I think you have at least good understanding about crypto word and for trading purposes you must have an idea, plan, strategy that how you are trading, what is the strategy you are following or made, the term of strategy give you a plan which help you to work with a plan,
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June 19, 2018, 11:20:18 AM
 #440

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.


Your tips about investing into bitcoin is quite useful and I would like to discuss them one by one.
You are absolutely right that there is no regulating body over bitcoin and nobody is answerable to your loses but with the time bitcoin is progressing and countries are legalising bitcoin so bitcoin slowly getting its regulating body
Yes bitcoin is very high risk investment but we all know that the profit ratio is also very high.
You are right that one should invest into bitcoin according to its capacity only.
And yes the most important, use reliable sources before investing into bitcoin.
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