Things you should know before investing in bitcoin

[kingkongcorp]

You have to know before investing in bitcoin and there should also be bitcoin further and you also need to know the dark bitcoin so much things you need to know before investing in bitcon

[jonhsongotti]

You should learn about cryptocurrency, market, platform, blockchain ... You can learn through google or some reliable web site. Here are some information about bitcoin that I want to share. .
Bitcoin is a type of cryptocurrency, invented by Satoshi Nakamoto. Bitcoin can be exchanged directly with an Internet connection device without the need of a financial intermediary. Bitcoin has a different approach than typical currencies: There is no central bank. It manages it and the system operates on a peer-to-peer network protocol on Interne. The Bitcoin supply is automatic, limited, scheduled according to scheduled scheduling algorithms.

[Baikonur]

I like that advice, its very resonable and true to all kinds of investing. I would add that bitcoin is long term investment, and holding is better than just waiting for nearest spike in price (unless you need to buy kidney like really fast or smthing)

[Vic108_btc]

The first and foremost thing before investing in Bitcoin is knowledge and understanding. Just because it has become the latest buzzword among people with high potential for enormous profits does not mean that you also have to invest in it to be the cool dude. Unless you understand it well, its performance, how it works, its behavior, history and the current circumstance surrounding it it'd be dangerous to invest in BTC as it tends to be a highly volatile market. You could end up with huge losses instead of gains. Moreover there are conflicting views about its future. You have to consider all of this. Secondly, if you have decided to invest in it, don't start with what you cannot afford to lose. And always trade on reliable crypto exchanges to ensure safety of your transactions and funds.

[aryadiningrat123]

There's a lot you should know before investing in bitcoin and you should also be prepared to bear all the risks that are in bitcoin because playing in the world of cryptocurreny is a huge risk so you should be ready to bear

[delphic]

The main things you need to know before investing is:
- the market is still very young and unstable,
- a huge volatility due to the limited number of coins,
- if the blockchain will enter our daily life, not the fact that Bitcoin will survive, there are many currencies ahead of it in all respects.
Good luck with your investment

[3la9l_kolbaCa]

There's a lot you should know before investing in bitcoin and you should also understand bitcoin further and you should also be prepared to assume all the risks after you invest in bitcoin and you should also be prepared to assume all the risks involved

Exactly! Investment is risky and we should learn to accept that reality. We need to do research, learn to strategize, never be afraid to fail, and be hopeful. In a volatile field of cryptocurrency, it's hard to predict when high is high and when low is low. Diversification is what I consider as one of the best strategies, because it can give us the chance to achieve positive returns in one market, when the other one is generating negative returns.

[liaowenlong]

I think you have to 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.Do not invest to a big amount of money if you can't afford to loss. Knowledge in this technology is the most important as you will not get panic once the market goes correction and you can anticipate to divert some funds before it will get worse.

[yabutzxc]

Don't invest in anything you don't fully understand. That is why you must do a lot of readings and research, Knowing about the history is very important, who invented it and for what reasons, how it can be used, bought, saved. you must be rationally arranged in light of the fact that the cost of bitcoin is continually evolving.

[Blackhammer321]

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.

In every action you should have plan. Well you probably need to know that as an investor it is necessary to be risk taker where as you will accept every difficulties you may face along the journey, because everything happens in the crypto world are unpredictable so you need to be ready. You need also to consider the finances you have, the capability of own budget and such.

[glongsword]

to begin with, you need to know the entry and exit points from the market. buy bitcoin should be when the price is as low as possible: this is the optimal entry point to the market. and it should be sold at a peak when it is possible to increase their number and make a profit of up to 1000%.

[Yucco]

to begin with, you need to know the entry and exit points from the market. buy bitcoin should be when the price is as low as possible: this is the optimal entry point to the market. and it should be sold at a peak when it is possible to increase their number and make a profit of up to 1000%.

Many people do not understand this. Once they find out that there is such a thing as bitcoin, they try to invest their money as soon as possible. It seems to them that in this way they will have time to do something right. But after many months or years, they begin to understand that in order to become rich enough to do just two things in one year - buy bitcoin at the right time and then sell it on the very top.

[SkustaClee]

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.

You will just lose your money if you make investment in bitcoins without knowledge. In my country, there are many professionals who are always advising the people who want to make investment with bitcoins for them to become aware to how risky is the bitcoin investment.

[Karakas]

you should first know what makes bitcoin so expensive because if you do not have this kind of knowledge it will be hard to get a profit from bitcoin investment and you should be right before you invest better you think first

[Raggie]

There are many things to know before investing on any projects of course. The problem is, we may dont have enough time to learn about that.
Make sure if you don't want to getting scammed later, you must have some time to spend to learn about the project you want to invest.

[Bitcoin Natal]

Of course, to invest in bitcoin, you need to know more about Bitcoin. In order to invest in bitcoine, the project has to be prepared according to the plan. Bitcoin should know the method, because all businesses have a risk. You need to know how cryptocurrency should know how it works. To know the differences in Bitcoin prices and know about the price monitoring.

[sergiom]

I agree completely! You need to compell yourself about that you can just loose everything you have and be ready for that. Because otherwise you can be just destroyed with that loss.

[nesty]

The ultimate key that we should know is to study first the flow of the crypto currency market make a lot of reading to be able to understand what crypto currency is all about. We need to understand the risk that will challenge our investments if ever we decide to invest in the crypto currency. Read and study first before investing.

[lemonzi]

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

[josephpogi]

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.

Investment is always risky. But if you want to earn good amount profit you should go with invest. Because no pain no gain. You should no market condition. You should take calculated risk. Do not invest your all money and dont be scared.