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Author Topic: Investing to Bitcoin is not that easy  (Read 2158 times)
aaosgood3
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April 23, 2018, 06:08:54 PM
 #201

What are some of the tools you use to trade? Not exchanges like Localbitcoins or Coinbase, but actual either automatic or alerting tools?
nakauten
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April 23, 2018, 06:18:46 PM
 #202

you will need to learn how to earn money without any investment,bounty hunting and free airdrops are going to be a good thing to start your path with the cryptocurrencies,i dont want to give any reference but you will need to look to the safest way to earn money here,trading most profitable but the risk of losing your investment is much higher.

drukoz2
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April 23, 2018, 07:24:01 PM
 #203

You are right, you need to study quite a lot of information to invest in bitcoin and cryptocurrencies. Only if you own the information will your investments be safe and bring you profit.
merchantofzeny
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April 23, 2018, 07:29:23 PM
 #204

Learning to make an account at the local exchange and then buying from that to use for trading in other exchanges is easy enough. The problems is sourcing out the funds you'd need to get started.  Grin

Those who got in really early have a big headstart so don't expect to make a lot in just a few months. Got to be realistic or else you'd end up getting scammed.
tabas
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April 23, 2018, 07:51:22 PM
 #205

The essence of knowing blockchain technology is starting to be gone. When I first heard about bitcoin I didn't know what's blockchain so I guess when a newbie will just got in to bitcoin he will knew almost everything about it out of his curiosity mostly with blockchain. Also the best teacher is always our experiences, this applies in choosing what wallets to use. They all believed that web wallets or exchanges wallet are safe which I also believed in the first place.
Investing into bitcoin is easy. Another platform that I haven’t seen mentioned on here to buy Bitcoin is Squarecash. The hard part is to keep faith in btc. It’s relatively easy to buy on that site. And keep holding while the price is going down. Seems like for now they’ll only allow you to buy Bitcoin but if that’s all you want to buy/ invest in that is a nice, easy and trustworthy site to look into. We have to know that in the crypto currency world every aspects are so important and also so profiting so if you choose to hold or invest in bitcoin you still stena to gain alot of profits first of all you gain holding and also trading which are all profiting. The up and down of the price is very normal.
Yes it's easy that way, you buy and hold. But to summarize everything with bitcoin including those points that you mentioned, that makes sense that investing to bitcoin is not that so easy.

What are some of the tools you use to trade? Not exchanges like Localbitcoins or Coinbase, but actual either automatic or alerting tools?
Alerting for what? new coins listed? or you want a bot for trading?

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rtm125
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April 23, 2018, 08:04:53 PM
 #206

In order to invest in bitcoin really need to know a lot, only in this case you will earn.

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barsametu01
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April 23, 2018, 08:05:19 PM
 #207

i am fully agree with you investing bitcoin not easy task . if you well experienced about crypto sense then its easy for you specially if you are well trader . we all know btc price movement depends on lots of fact its such volatile currency anytime any thing can happen .
aaosgood3
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April 23, 2018, 08:06:01 PM
 #208

Was thinking in terms of bots or really the strategies behind the bots. Buy and hold seems to be the easiest way to go, but there has to be some way to be able to use the volatility to make some money.
Harrisonimo
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April 23, 2018, 08:22:37 PM
 #209

As uneasy as it is, the easy way strategy to invest in Bitcoin is to get your wallet to purchase it and just HODL. You can still do this now with respect to the capacity of Bitcoin units you can acquire. Buy and hodl till the later end of this year 2018.
Mwalshe89
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April 23, 2018, 08:33:17 PM
 #210

To begin with, despite its popularity (the share of bitcoin is now about 70% in the global crypto currency market), its legal status is not the same in different countries. The other side of the coin is a high entry threshold. There is one more important aspect concerning the safety of independent investing on the exchange. Bitcoin is positioned as a very reliable investment - the user is well protected by the very concept of crypto currency. However, with the growth of its popularity, the number of hacker attacks is also growing.
Topaz72
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April 23, 2018, 08:50:50 PM
 #211

It is not easy to invest in bitcoin. Many people became millionaires when investing in Bitcoin but some lost everything because of Bitcoin. In addition to knowledge, experience, hard-working and market analysis, persistence, risk tolerance, alertness with winged offers, there is a fortune in this cryptographic market.
This is what I think about bitcoin, it is not very complicated issue to use bitcoin as it is very clear same as all other investments you will have to use bitcoin carefully and with right time, the only thing you will have to do is buy at red and sell at green, as buy when the price will be low and sell it when price will be high, after that one more important thing is patience, so hold for long time with patience don’t sell at panic and that’s it.
dancingnancy
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April 23, 2018, 09:38:35 PM
 #212

There's a lot of things you need to consider that if you don't give importance your investment may be at risk so here are some of the things ou need to consider or to study.

Learn about the basics first such as:
• Bitcoin wallets
• How Bitcoin works
• What is Blockchain
• Types of wallet
• And different kinds of investments

Second Learn what kind of investments you need to do, here are:

• Trading
• Holding

When you've decided what kind of investment you're going to do start finding exchange where you will bought your first bitcoin there's a lot of platforms where you can buy bitcoins such as:

• LocalBitcoins
• Binance
• Coinbase
• Just search on the internet.

NOTE: You should know the risk you're going to face when it comes to investment remember that there's no assurance that if you invest you're going to earn so invest only what you can afford to lose.

A good starting capital is crucial to be able to get a good starting point with btc. all investments tend to be risky with varied rates of interest. Btc requires constant monitoring of the markets to ensure smart decisions can be taken. Alts tend to be easier to invest into as their prices are much lower.
catapult
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April 23, 2018, 10:36:41 PM
 #213

There's a lot of things you need to consider that if you don't give importance your investment may be at risk so here are some of the things ou need to consider or to study.

Learn about the basics first such as:
• Bitcoin wallets
• How Bitcoin works
• What is Blockchain
• Types of wallet
• And different kinds of investments

Second Learn what kind of investments you need to do, here are:

• Trading
• Holding

When you've decided what kind of investment you're going to do start finding exchange where you will bought your first bitcoin there's a lot of platforms where you can buy bitcoins such as:

• LocalBitcoins
• Binance
• Coinbase
• Just search on the internet.

NOTE: You should know the risk you're going to face when it comes to investment remember that there's no assurance that if you invest you're going to earn so invest only what you can afford to lose.


Actually, I think this kind of lists are not making the things easier. In my opinion, for the beginners, learning the basic dynamics of the cryptocurrencies is possible by reading the forum first.
surbanaB
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April 23, 2018, 11:08:32 PM
 #214

Of course, Those are all basic knowledge that you must know before investing in Bitcoin or others cryptocurrencies. Indeed, we can easy find out those knowledge in Google and learn it in a few days.
But for Bitcoin, my opinion we don't need much knowledge, you just need how to store Bitcoin? and where could Bitcoin buy? That's it. Because we just buy and hold a long time Bitcoin will give a lot of profit.
For altcoins, it's more complex than, we need have knowledge to able to judge a project is good or bad before investing, also choose the good time to buy into or sell out.

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sampalokmix
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April 23, 2018, 11:23:05 PM
 #215

Have you rewritten it all from the web? I think the majority of people writing here is BTC oriented. I do not really understand the sense of this topic?

Yes and I think that why it is really hard to invest here, so much technicalities that you have to deal with before you can perform investments. My knowledge regarding this were very limited so I choose to start up with Bounty campaugns which yes really takes an effort and a huge responsibility every week and very vulnerable to scams but I think this will serve as my stepping stone to achieve the things I really wanted.

Suffoc8
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April 23, 2018, 11:26:50 PM
 #216

There's a lot of things you need to consider that if you don't give importance your investment may be at risk so here are some of the things ou need to consider or to study.

Learn about the basics first such as:
• Bitcoin wallets
• How Bitcoin works
• What is Blockchain
• Types of wallet
• And different kinds of investments

Second Learn what kind of investments you need to do, here are:

• Trading
• Holding

When you've decided what kind of investment you're going to do start finding exchange where you will bought your first bitcoin there's a lot of platforms where you can buy bitcoins such as:

• LocalBitcoins
• Binance
• Coinbase
• Just search on the internet.

NOTE: You should know the risk you're going to face when it comes to investment remember that there's no assurance that if you invest you're going to earn so invest only what you can afford to lose.

Yeah, bitcoin is a very complex thing here on the internet. As you can see you need a lot of knowledge about trading of cryptocurrencies and tokens. It is not just like investing to a bank because in bitcoin you need to be updated 24/7, you always check it before you slee and after you woke up because its price is always changing.

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Zanuar Erik
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April 23, 2018, 11:40:20 PM
 #217

right because if you do not know how to invest in bitcoin you will lose all your money and be happy with your hard work because it's not easy to invest in bitcoin

indeed before stepping make sure you know how bitcoin work so that the future step is successful. basic science before investing in bitcoin, to know how bitcoin work and bitcoin price movements rise and fall.
romero121
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April 23, 2018, 11:42:47 PM
 #218

When it comes to investment, what we do with trading too can be added to it. In this regard due to the increased number of cryptocurrency exchanges we have got the ease of accessing and making investments looking for a profit. Always the user needs to be cautious to get rid of scams as phising sites can be found similar to the legitimate exchange platform.

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jackolinyoko
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April 23, 2018, 11:44:24 PM
Last edit: April 24, 2018, 04:41:37 AM by jackolinyoko
 #219

No single investment would be easy,you will need to have n extra effort to most of the times when you really want to achieve success.Do not rely to other's decision make it real.Cryotocurrency investment is too risky for those people who doesnt know what they are doing,but it is going to be less risk if you do know what you are getting into

julius caesar
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April 24, 2018, 12:17:04 AM
 #220

Have you rewritten it all from the web? I think the majority of people writing here is BTC oriented. I do not really understand the sense of this topic?

Same woth you, investment is beyond the basic knowledge that we can learn through this forum, I guess the people that really excel in investments were the one who were guided by the people who were very knowledgeable to that way to earn here, I guess this is a long way process and we should be all ready and willing to study that, ofr us to keep gavibg income here.

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