Things you should know before investing in bitcoin

[Jian_Liux]

Before investing bitcoin, we should know about bitcoin, the cause and the bitcoin price increase, how to create bitcoin account, how to secure bitcoin account and how to translate bitcoin properly and correctly. If this we have mastered then there will be no doubt in us to invest bitcoin, and we will be patient in investing so that we gain profit through bitcoin investment.

[Cryptostar35]

Before you are going to invest in bitcoin, you must have studied what is  cryptocurrency. Know the advantages and disadvantages of bitcoin and how to transact bitcoin and other cyptos.There is always a risk in all types of investment and for us to lessen the risk we would need to abound it by know the right decision we could do as part of earning and having the time to used Bitcoin. It is better you have to know the price movement of bitcoin in order to determine the target when you should sell bitcoin and when you should buy bitcoin

[Twinscoin2017]

Before investing bitcoin, we should know about bitcoin, the cause and the bitcoin price increase, how to create bitcoin account, how to secure bitcoin account and how to translate bitcoin properly and correctly. If this we have mastered then there will be no doubt in us to invest bitcoin, and we will be patient in investing so that we gain profit through bitcoin investment.

Yes we should know that bitcoin is unstable and it's price may change in a short time and we can also loss a huge amount of profit on it if we don't have a patience to wait. I believe that we need to be ready for a different kinds of situation that we may face in bitcoin feild. I think bitcoin will become more amazing in the future.

[airdrophunter]

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.

Always remember too that when price is so volatile, the risk is also high. That's how it takes to invest in bitcoin where you must be willing to take the risk as the price may fall so deep from the original price when you invest on it. Hodling is also very essential when you are investing in bitcoin and it really takes a strong mind and heart to hold your bitcoin during crash.

[vakie1]

As a general rule, don't invest in anything you don't understand and don't invest all your savings so that whatever may happens, you can still have money left. In bitcoin, the things you should know before investing is how it works, choosing the right wallet and where to buy bitcoins to avoid being scam. Do your own research, read a lot and study more. Enriched yourself with enough knowledge then your good to go.

[TheClownSong]

I am agree that we should invest with money that we can afford to lose. Investing on cryptocurrency is very high risk and using our idle money is wise decision because its long term investment.

[lehuyaxib1]

Thanks for your information because i does't know about this

[Williamnak]

I concur with every one of the focuses you have specified in your post. These focuses are the fundamental understanding that one must have before he/she chooses to wander into this region. The same with all the other coins you plan to invest. And of course you should leanr something about trading and the market.

[Ethannecessary1760]

Knowing about the history is very important, who invented it and for what reasons, how it can be used, bought, saved.The only thing that's alarming about bitcoin is that the volatility, or the rate at which a certain product's value appreciates or depreciates over time is faster than any other currency, making it unable to become a currency which is what it was intended to be in the first place.

[james_Oscar1]

Before investing bitcoin or crypto currency every body needs to know some basic things regarding that currency. We needs to know the fundamentals of that coin. We also analysis the chart of that coin which give the clear message of its past. In order to grow our investment we need to make sure that this company can sustain their resources and also we need to have the assurance of our investment.

[Kuchiyose]

I am agree that we should invest with money that we can afford to lose. Investing on cryptocurrency is very high risk and using our idle money is wise decision because its long term investment.

That's the risk that we have to go through to produce a good profit in the future. we can only hope a lot in the future.

[Giftedcrypt]

The things you should know before investing in Bitcoin is nobody  you can complain to if anything happenes to your money, if you send it out to the wrong address,u might not get it back, it needs internet connection, and carefulness counts..

[franciscoDC]

First of all you need to know how to invest ,how the market could circulating and how to invest with earnings,and also make sure that you have enough knowledge this is to prevent losing your money,so now get start to learn about it and you could know more about this by reading some threads here in bitcointalk.

[Mat_Myers9844]

Thanks for sharing us because we don't about this info

[Bakugan]

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.

Know the real purpose of bitcoin. Know "when" to buy or sell in bitcoin , you need to know that investing is a risky thing. Patience is a virtue.

[brianross7]

In my opinion, The first thing you must to understand about Bitcoin that its very risky market to investing but the greater risk also creates greater profit.
Secondly,You should spend time to study cryptocurrencies and analysis market carefully . Having wide knowledge helps you come up right decision.

[PatyZante]

You should know what it is, how it works, and how can it change your life. You have to ensure that you put time and effort in knowing these things before you jump into the waters, after all investing your hard earned money is something that is not easy, we have to make sure we did all our assignments first know what we are getting our selves into. 

[gbccoin]

Bitcoin is safe and secure no question of scams. You can adopt it when the price is low and hold for a good profit. And if you need more profit then you can hold them for long.

[Yudai]

You need to know everything of it. From how does bitcoin works, pros and cons in investing in bitcoin, how does system works, I mean literally everything. You need to understand it before investing.

[Lucifers]

Things you should understand before investing is about the risks that will be able to and do not sell when you panic because it will only make you get a loss. Two things that you must be very understanding.