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Author Topic: Things you should know before investing in bitcoin  (Read 2638 times)
Jasell
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July 04, 2018, 07:53:48 AM
 #621

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 helpful tips and advises before entering into the cryptocurrency world! Just to reiterate, it is needful to really understand that the cryptocurrency market is VOLATILE because in a blink of an eye, you might loss almost a hundred percent of your investment and made sure you are ready for that! You can make the right choice if and only if you have done your research and understood the opportunity.

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July 04, 2018, 07:56:46 AM
 #622

That investments can go wrong and that not a single person knows whats happening to a price tomorrow. There educated guessing, but nothing is for sure
doraegun
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July 04, 2018, 08:02:10 AM
 #623

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 a lot sir, for all your advise about how to deal with bitcoin, but because of good result of investment that really convince me to use always in bitcoin but of course I have Something Strategy before doing transaction I know already that this is Volatile so I can handle this. I always pray to our God that bitcoin will not stop because this is our alternative option to get income aside from our stable job.




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July 04, 2018, 09:27:35 AM
 #624

this is a very useful article for newbies like me. ill probbly share this to some of my friends that are new too. thanks for this.
ibrahimovic89
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July 04, 2018, 09:48:34 AM
 #625

Things you say may also be necessary. But we do not need such extreme caution. I invest in bitcoin in a very simple way by trading on the buy and sell
blocklancer8
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July 04, 2018, 09:54:28 AM
 #626

not really, all compete in this but quite certainly BTC remains superior to other coins that exist today. seems to be competing but the main one remains number one.

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July 04, 2018, 09:59:23 AM
 #627

Things you say may also be necessary. But we do not need such extreme caution. I invest in bitcoin in a very simple way by trading on the buy and sell

Yes of course , we still need extreme caution or safety measures before we invest in bitcoin bitcoin . especially if you are a newbie and you didnt know about the mechanics of it . one must understand that bitcoin is a volatile type of coin which do fluctuates from time to time  because if they are not aware with this thing , then that is the root cause of panicking .
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July 04, 2018, 10:07:19 AM
 #628

While US policy has focused on isolation from the outside world, Bitcoin continues its successful procession in the crypto-currency market as the main digital currency and already claims to be an alternative to the dollar as the main international currency. However, it is not stable now
franklin hoses
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July 04, 2018, 10:22:12 AM
 #629

You should know that investing in crypto has high risk and you should know when is the right time to start and before investing in bitcoin, it would be better to learn about investing in crypto first
Wiliam heil
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July 04, 2018, 10:22:36 AM
 #630

Knowing about the history is very important, who invented it and for what reasons. Knowledge, attitude, and awareness are important factors to consider to become a successful investor.
Fasdartin
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July 04, 2018, 10:33:52 AM
 #631

Knowing about the history is very important, who invented it and for what reasons. Knowledge, attitude, and awareness are important factors to consider to become a successful investor.
things that we should know before investing in bitcoin first study the flow of bitcoin second make an research what bitcoin is for us to understand and to have an idea in bitcoin third do an necessarily things to ask to other people who already invest in bitcoin for us not to experience scam and last but the the list give yourself time to read about bitcoin it will help you to decide.  investing in bitcpin is a big help us we can earn a lot of income by doing bitcoin.
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July 04, 2018, 10:38:49 AM
 #632

Investment comes with risks hence its natural risky but you can minimize the risk of you find out more about the kind of investment you want to indulge in and consulting in experts, I think you will be through. No fear when it comes to investing in crypto.
kumar jabodah
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July 04, 2018, 10:52:31 AM
 #633

Yes and of course you should know the risk of investing in bitcoin. Should be careful and of course buy at a cheap price, Because of this you will earn more profit immediately.
You should be updated with all the bitcoin news so you know what it can fall and increase.

It's good to be prepared for no trouble to get into investing in bitcoin.
Nabilo
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July 04, 2018, 10:28:33 PM
 #634

I am totally agreed with your posts.Newbie should read his article before investing in crypto currency.Its a volatile it doesn't mean it will rise forever it has to decrease.The main thing which we need to know is "when to buy" and "when to sell". Now days newbie invest there money without any knowledge and experience when the price decrease they become panic and sell there coins
Raven91
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July 04, 2018, 10:39:16 PM
 #635

Before investing in bitcoin make sure that the value of bitcoin is low and affordsble, and always think that bitcoin will help you and give you more esrnings, and also dont doubt when investing in bitcoin, because bitcoin is the best cryptocurrency that ever existed, you shall noy doubt if you invest, and always support bitcoin. Make sure that you are far from the scammers and you know what is bitcoin, you know how to invest and make sute that the details and every single knowledge about the investing cite, or conpany is legit and no illegitimate record.
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July 04, 2018, 10:42:32 PM
 #636

I think to add to what you have stated above is to be security conscious because in bitcoin investment the security of your found or investment depend heavily on your ability to meet up with the required security needed to protect your investment from intruders, and one of such ways is to keep you security key very safe and secured.
jurelmartin
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July 04, 2018, 10:46:13 PM
 #637

The most crucial part of investing on bitcoin is you have to be knowledgeable about how the crypto works, how is the market going, is it willing to take the risk, are you patient enough, you have to know what will your strategy be in order for you to avoid having so much loss instead of gain
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July 04, 2018, 10:47:51 PM
 #638

Bitcoin and its Blockchain is one whole subject everyone must take serious and study well before deciding to invest in it. The market is designed in such a way to favour the investor in all its weather, whether bear or bull market. During the bear market when prices are down, it is a great opportunity for investors to buy more Bitcoin and hold for the next bull market in order to make good profit.
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July 04, 2018, 10:47:59 PM
 #639

While US policy has focused on isolation from the outside world, Bitcoin continues its successful procession in the crypto-currency market as the main digital currency and already claims to be an alternative to the dollar as the main international currency. However, it is not stable now
At this point, he is not exactly claiming to replace the dollar, I doubt that this can happen at all. Rather, the US will invent its own cryptocurrency.
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July 04, 2018, 10:48:51 PM
 #640

I think getting a fair education in terms of cryptocurrencies is a must before jumping into investing in this high risk, extremely volatile financial instrument. Today in the cryptosphere many jump into this field because of FOMO and greed! Many invest large amounts of money without having any knowledge of what Bitcoin and other cryptos are all about and eventually lose all of their wealth! This is pretty bad, do your research, learn, ask questions before investing in these things.
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