Need advice for the new investor

[RechardSmith]

I would like to attention from experienced traders. I'm going to invest in Bitcoin. What is the best trend? Could you please suggest me what should I do and should not do?

NB: In our country is prohibited for the cryptocurrency.

Your better idea would be highly appreciated.

Many thanks in advance!

[1714772954]

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[1714772954]

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[shulio]

Buy with your spare money. Do not invest with loan. Wait for a year or two. Always buy, never sell. Bitcoin will be the leading coin for a long time and make you earn good money.

[Andrey123]

It is not a speculative coin.
They buy it and keep it for years, for a lot of growth.
If you can spend a lot of money and wait so much, then it will be a good investment.

If not, either forget about it, or try to trade on cheap coins.
And for this you need to be able to read graphics.

[rajsimran]

You can start trade if you have extra money,Don't invest all of your money.Don't sell in loss if you are in loss then hold until you get profit from that.Don't jump when coin is pumping because there is risk.Buy coin in dip.

[Schultz88]

I would like to attention from experienced traders. I'm going to invest in Bitcoin. What is the best trend? Could you please suggest me what should I do and should not do?

NB: In our country is prohibited for the cryptocurrency.

Your better idea would be highly appreciated.

Many thanks in advance!

My country also prohibit every transaction using bitcoin, but we use bitcoin to trade with alt coins too. When you start to be an investors, make sure that you use your idle/spare money that you dare to lose.
When you buy bitcoin, spread them on several top exchanger. Don't use one exchanger, this is to avoid that exchanger being hacked and you might lost your bitcoins. You can compare one to another exchanger, their price sometimes slighlt different, well if you noticed that, this could be a chance for you to take advantages by doing arbitrage.
When you want to open position for buy, wait until the price dropped and that is your chances to buy. If someday the price dropped again, buy more. Don't ever buy bitcoin on high price. Learn about the chart, use weeks timeline for long term trade because you wanted to be an investors not a day trader. Do not use hours/minute timeline. I hope this could help you.

[sparg]

Bitcoin is like a bank deposit. You buy and acumulate it and keep it for when you need the money. Always invest only your spare money because the risk is high.
If you are looking for dayly excitement you can go with altcoins because they are more volatile but alwais you should have in your portofolio some BTC just to be safe.
Now is the best time to buy BTC because i dont believe we will see this low price anytime soon.

[alisaadat60]

invest some money that you can lose without difficulty
buy bitcoin and only some altcoins that have enough potential
do not think about daily trading and only invest on long term holding

[RechardSmith]

Buy with your spare money. Do not invest with loan. Wait for a year or two. Always buy, never sell. Bitcoin will be the leading coin for a long time and make you earn good money.

Thanks for your nice advices. I'm not getting loan. First time I wiill invest a bery low amount.

[RechardSmith]

It is not a speculative coin.
They buy it and keep it for years, for a lot of growth.
If you can spend a lot of money and wait so much, then it will be a good investment.

If not, either forget about it, or try to trade on cheap coins.
And for this you need to be able to read graphics.

No, I'm not going to invest a lot of money. It's my first invest and I don't have a lots of money.
Thanks for your suggestion.

[Alex_nutis]

I would like to attention from experienced traders. I'm going to invest in Bitcoin. What is the best trend? Could you please suggest me what should I do and should not do?

NB: In our country is prohibited for the cryptocurrency.

Your better idea would be highly appreciated.

Many thanks in advance!

In the crypto currency you can invest from anywhere in the world, so the ban is not a problem.
Buy bitcoin and almost learn a lot about the topic of crypto currency and the market. Gradually you will go deeper into the market and you will be like a fish in the water. You will not learn - you will be a hamster.
Good luck!

[wayaneka]

Even many prediction of Bitcoin will going to $20,000 or more but remember this is only prediction so that mean about 70% can become reality but about 30% can be wrong, so just make sure use about maksimum 30% of total your money to make invest in it. All most popular cryptocurrency like ETH, DASH, NEO, XMR, XLM, BTC and more in the long term has big possibility to growing because currently the volume of crypto still small, and in this world just about 1% of total pupolation know and understand how does crypto work.
 

[eternalgloom]

It might help if you could tell us where you're from? Are you completely sure that it's illegal to invest in cryptocurrency for individuals, usually regulations like that are targeted against financial institutions.
If it is indeed illegal, I wouldn't really recommend breaking the law, but if you do, at least check beforehand what the consequences would be if you get caught.

As for tips, I'd suggest you first learn how cryptocurrency works by downloading a wallet and sending a couple of transactions to yourself.
Afterwards you can find tutorials about trading and how to use exchanges for day-trading.

[yanto@1977]

I would like to attention from experienced traders. I'm going to invest in Bitcoin. What is the best trend? Could you please suggest me what should I do and should not do?

NB: In our country is prohibited for the cryptocurrency.

Your better idea would be highly appreciated.

Many thanks in advance!

Always doing analyze before start to invest/ trade in any coin you want. Analyze is needed to make sure you're on the right track and give you profit. Never forget about stop loss and keep practice because market is unpredictable. Just do what I mention to create better plan create income. Keep going and see you next time.

[dvabit]

I would like to attention from experienced traders. I'm going to invest in Bitcoin. What is the best trend? Could you please suggest me what should I do and should not do?

NB: In our country is prohibited for the cryptocurrency.

Your better idea would be highly appreciated.

Many thanks in advance!

I'm part of http://www.hashtaginvesting.com/#chat day trading forum. Started recently, it has all the ingredients to keep you going. You have got experts with more than 20 years of experience holding your hands while you reach the top list of active investors.

The latest news on trending markets of stocks and bitcoin are an amazing feature of this forum. This is the icing on the cake and makes this forum a real charm. This forum is highly useful for traders who are keen on investing into bitcoins and must keep tabs on its activities. The discussions and insight provided through this forum have served well for beginners as well as for experienced traders.

[monalia]

I would like to attention from experienced traders. I'm going to invest in Bitcoin. What is the best trend? Could you please suggest me what should I do and should not do?

NB: In our country is prohibited for the cryptocurrency.

Your better idea would be highly appreciated.

Many thanks in advance!

Trading is not a good deal for all the peoples so you should avoid in cryptocurrency investment. Because your country is strictly prohibited in cryptocurrency then why you want to invest in Bitcoin you should try stock market it will make profit for you. Else you are in expert in the crypto market  you should invest in Bitcoin.

[meyklove]

If you want to trade try to use a small amount of money first before entering your use capital because maybe you find trading difficult and you might lose your money.

[serjent05]

It would be better to follow your countries law.  It was stated that cryptocurrency trading is prohibited in your country, follow it so that you won't face any problem in the future when your government discovered that you are not following the law and confiscate all your stash plus you in the jail. 
You can study the market, follow it and get yourself updated until the time your country lift the ban.

[MinerHQ]

It might help if you could tell us where you're from? Are you completely sure that it's illegal to invest in cryptocurrency for individuals, usually regulations like that are targeted against financial institutions.
If it is indeed illegal, I wouldn't really recommend breaking the law, but if you do, at least check beforehand what the consequences would be if you get caught.

Yes please share your locality. then only people can advise you. because if your governament announced officially the Crytpo trading is illegal then don't buy any coin with using your bank account you will get trapped.

Find any local sellers and buy your coins for liquid cash don't do any bank transactions.

[Quidat]

I would like to attention from experienced traders. I'm going to invest in Bitcoin. What is the best trend? Could you please suggest me what should I do and should not do?

NB: In our country is prohibited for the cryptocurrency.

Your better idea would be highly appreciated.

Many thanks in advance!

One rule, dont invest on the money that you can afford to lose since investment do really involves risk anytime.Whats the best trend? Theres none since no one would able to predict on price trend of bitcoin which is normal because price is always been volatile. If you are a new investor or new one who do engage on crypto better to read up on the basic things related to it.

[MiiDoViic]

I would like to attention from experienced traders. I'm going to invest in Bitcoin. What is the best trend? Could you please suggest me what should I do and should not do?

NB: In our country is prohibited for the cryptocurrency.

Your better idea would be highly appreciated.

Many thanks in advance!

If cryptocurrency is prohibited in your country then you should buy from trusted members here in the forum or from someone who owns bitcoin that you could trust . Never buy using banks and don't go around telling people in your local area that you are invested in bitcoin or cryptocurrency . If you somehow make good money people will get jealouse and could snitch on you and get you in trouble with law.
Be discrete and carefull trading . It's all good if you took in consideration the things I've mentioned.