Things you should know before investing in bitcoin

[cryptostardom]

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.

Crypto currency  investments is risky however it is very lucrative, since one can acquire exponential increments in money or  very high percentage increments. However they must be approached in a practical manner otherwise one can lose some or all of money invested.

[Remainder]

Their are many things you must want to know before to engage in any investment, I experience many times of failure before, I got scammed by btc hype, btc doubler and others and that is my lesson learned, for now I focus on bounty hunting jobs and trading that i know i can get good money with minimal risk.

[Bruce1614]

Obviously, to put resources into bitcoin, you have to find out about Bitcoin. With a specific end goal to put resources into bitcoine, the venture must be set up as per the arrangement. Bitcoin should know the strategy, since all organizations have a hazard. You have to know how digital money should know how it functions. To know the distinctions in Bitcoin costs and think about the bitcoin's value surveillance.

[Savemore]

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.

Bitcoin is not like other investment, it is so risky because its price is unstable. If you will observe the graph of the bitcoin, it always changing because of the supply and the demand in the cryptocurrency market.

[susila_bai]

The first and main point to known before investing in bitcoin is that it is high risk investment as the price fluctuations is very high and most of the country have made it illegal so first check whether it is legal in your country. Next investing only that much which if goes zero should not affect you.

[dukker]

I personally am not in favor of promoting bitcoin as an investment. Every time I've talked with my friends about the importance of bitcoin, I've done it with the purpose of expanding their ideas about the future of money, and how we can integrate into modernity through its use. But for those who still see cryptocurrencies as an investment instrument, they should look closely at what has happened in the market recently before risking their money.
 

[Ronaldcoin2017]

I think before investing into bitcoin we should know first that this feild is unstable and everything may change without a prior notice. So before we invest into it we should know first that we need a big patience and strong faith on bitcoin, maybe we need to learn first on what was bitcoin is?, before doing a profitable action such as trading , investing etc.

[uberwala]

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.

[AliMan]

I personally am not in favor of promoting bitcoin as an investment. Every time I've talked with my friends about the importance of bitcoin, I've done it with the purpose of expanding their ideas about the future of money, and how we can integrate into modernity through its use. But for those who still see cryptocurrencies as an investment instrument, they should look closely at what has happened in the market recently before risking their money.
 

There are lot of information that you should know before investing in bitcoin but most of them will be revealed during your involvement in here. Well basically some things to know are the price, situation, market and value. Those are just things that you should consider before getting involve in here.

[finzyoj]

I personally am not in favor of promoting bitcoin as an investment. Every time I've talked with my friends about the importance of bitcoin, I've done it with the purpose of expanding their ideas about the future of money, and how we can integrate into modernity through its use. But for those who still see cryptocurrencies as an investment instrument, they should look closely at what has happened in the market recently before risking their money.
  ;D3

There are lot of things you need to know if you are entering cryptocurrency world. You have to search all about the possible scenarios that you can encounter when you engaged with bitcoin. You have to know what are the strategies that the masters do when they face some challenges in bitcoin. You have to know when to buy and sell your bitcoin.

Also you have to know all things about the bitcoin so that you can encourage other people to enter bitcoin. The more you know about it, the more confident you are in encouraging other people.

[megynacuna]

I personally am not in favor of promoting bitcoin as an investment. Every time I've talked with my friends about the importance of bitcoin, I've done it with the purpose of expanding their ideas about the future of money, and how we can integrate into modernity through its use. But for those who still see cryptocurrencies as an investment instrument, they should look closely at what has happened in the market recently before risking their money.
 

There are lot of information that you should know before investing in bitcoin but most of them will be revealed during your involvement in here. Well basically some things to know are the price, situation, market and value. Those are just things that you should consider before getting involve in here.

Agreed, apart from these basic i think experience they always say is the best teacher so you should start it slowly with small amounts as the seed of the investment while you properly learn on it and gather experience before you venture big time into it.

[ervinmadureri]

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 you need to know that the market is currently in the bearish trend in the long term, so the trade is very difficult at this point, you can see that the market is fluctuating continuously and bitcoin prices are continuous deep decline.

So at this point you should only invest in short-term bitcoin and should not invest long term, it will be very dangerous and risk will be very high.

[peter1]

The encrypted price volatility is very high, and I think the most important thing is not to borrow and invest money encrypted, which should be the most important.

[BLAST2MARS]

I still keep in my mind that one day bitcoin could be totally gone even I only feel that it only have a 1% chance that it could happen. It's a reminder to anyone to know what kind of market they are going to enter. Things happen very crazy and it could either benefit you or make you suffer.

[Redbulle]

Bitcoin does not have a fixed price. It is better we have to know the price movement of bitcoin in order to determine the target when we should sell bitcoin and when we should buy bitcoin, other than that broad insight should we have such a factor that could affect the price of bitcoin to go down and become up.

[mjloulie]

Invest at your own risk that's what you need to know. it is very risky to invest in cryptocurrency. In this field you must be courageous and have a determination to learn and to be successful in this field. You should know how to deal with your capital's losses through effective strategies. It does not include borrowing money to capitalize on the loss of investment. Debt is a big NO in investing.

[changcloy]

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.

Absolutely right befoe we engage in crypto currency we should and it is a must to read or do a research first of what will be the consequences of investing crypto. Invest with your own will and you are willing to take the risk .

[Bhalibad]

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.

The important is make it wisely to the people who were able to convence you before we trust to invest. Know the people who is he or she or you can search that people it he or she is scam so that you will not get scammers.

[martin1221]

As agree with this statement mate, it will helps to new comers here in cryptocurrency, yes we should be aware before investing into bitcoin because of its volitality price, as time goes on, prices have changing because of trades. So risky on it if you dont know about bitcoin.

[dammaydammay]

Many thanks for your helpful advices. Some people just know about Bitcoin's tip of the iceberg  then live in the cloud- cuckoo- land but forget that it of course has a lot of risk. That's why we should prepare the knowledge about Cryptocurrency in general and about Bitcoin in particular, as well as stay alert that we can lose money at any time.