Investing to Bitcoin is not that easy

[Getmon]

You really need to start from the very basic. You cannot just jump into the arena without building within yourself solid fundamental knowledge about Bitcoin. I can observe that others are simply feeling FOMO or merely attracted because of the strong hype that they immediately jump into the train without really knowing where to go. This is not the right way to do it.

[futureofeth]

Knowledge comes with experience. Before this there will be mistakes, this is life. But you need to learn. I now understand more I'm developing. My advice is to read and learn more and not immediately play with coins

Without knowledge it is completely waste trading the cryptos, we have learned the basics about the technology behind it. Most of the people don't know about the trading but they simply follow the telegram channel to attain some knowledge but at least they are losing because dumbly following others is really bad. So it always good to learn by yourself and make decisions.

[xraisers]

I agree, but we must also know that, all investments have risk especially in bitcoin, you need knowledge and patience, it is not easy to earn, you face all the challenges before you become successful in life. Investing in bitcoin you earn more profit but you need to workhard for it before you gain a high profit as well

[afroman1131]

I agree with you completely.it is really difficult for a person who has just joined cryptocurrencies to navigate this.I had great difficulty with the first attachment

[ostrovagaly]

The only thing that is hard in bitcoin is to see you capital turning down specially, if you are a newbie one. But the procedures, I think it can handle it even a new person in cryptocurrency as long as he has a determination to learn whether personal or with guide of internet. All you need now is to logon to YouTube and watch alot of videos about bitcoin.

[shalaza]

That is actually true, same as for other business, you have to know more and be versed in what you are investing in so as not to lose your investment.

[Bitcoinnumberone]

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?

Surely, there are a lot of risk when investing in bitcoin. If we do not have enough knowledge about it, we better think again. Bitcoin is a cryptocurrency which is actually new to many. But this cryptocurrency has its advantages as well as risks.

[thevlox]

Investing in bitcoin is not a simple matter. To invest here, you have to fix your mind. This mind can not be invested with mentality that I will be surly success. Because it's okay. I can not be successful. Invest in bitcoin is very risky. But if you are interested in earning money, people will be unhappy with this risk if you ask for money.

[natalagerman95]

If anyone think its all that easy and a win win fair let him give it a trial, no investment is totally easy hence all bitcoin investor must operate and invest with caution however all things been equally its a good place to invest.

[Renzozamora]

yes its no easy do you need to think your money is safe or the bitcoin is real this a scam. many think before you invest in bitcoin

[gotminer]

yes its no easy do you need to think your money is safe or the bitcoin is real this a scam. many think before you invest in bitcoin

 

[Sir Legend]

This depends on the mind, if we just think that is instant to succeed and rich in a day of course it never happened, it took a long time or at least 2 years to make the price go up to hundreds or even thousands of percent.

[Keeminakar]

Yes, I remember the time when I first met bitcoin and decided to invest. Before I bought bitcoin, it took about a month before I got acquainted with all the information about investments, wallets, exchanges, etc.

[Glutius]

If you want your investment to really bring you income and most importantly - to be protected, then you really need to study a lot of information and constantly be aware of the news.

[Ingoats]

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.

Indeed true. An investor should first know the risks involved in an investment. In cryptoinvestment,such as in Bitcoin, the risk is due to the natural market volatility. There is always a sudden change on the market value of it which might sometimes yield to profit and sometimes,profit loss. Be persistent also with how things are happening in order to avoid uncertainties.

[Ailmand]

It is not easy but you cant say it is complicated. Learning about wallets is pretty easy and you can create a wallet in a few minutes. It will probably take a little to understand the difference between different wallets but nothing to complicated. I have to say that at the beginning you wont uunderstand much a about blockchain or how bitcoin works but nowadays there are dozens of websites and videos that explain through different methods all this stuff with bitcoin and blockchain. About trading and holding it will take a lot some time to learn how everything works and you also need experience before making profits

That's right, it's not only complicated to learn, but it's hard to actually choose a project that would actually prosper, especially now, when there are so many projects popping out, and it's not very easy to choose anymore as compared before. The considerations you have to think of are just too many these days that even if a project may seem good at one point, it may still be susceptible to failure in the long run. Another factor that makes it hard for investors is the idea that one product or coin may be replaced at any time, and so it may happen that before it could even come out of the market, that it would already be at its downfall.

[Shingaling]

That's true you need to consider many thing especially your mind your emotion,the risk that may occurs during investing.

[bitvelk]

I even have a living example of what it really takes to learn a lot of information to be successful in bitcoin. One of my friends did not study the safety rules of storage carefully enough and as a result, almost all of his investments were stolen. Therefore, do not neglect the study of information.

[kiddeon123]

yes bitcoin is not easy! some people though that when you put money on it. you will earn much. But the truth is you also need to invest time to study and acquire knowledge for it. Plus there are a very high risk on it. you can make it big time or you might end up miserable😅

[anavir]

Its not that easy to invest but it's not that complicated. At first things comes up in our mind is that if its legitimate or whatever questions that runs in our mind. Need to study first and observe the flow of the market to make sure that you have an idea before entering into a situation that sometimes we can say that its hard because it involve an amount. Nowadays we can hear on news that scamming is just anywhere so have to make sure everything before investing and doing business because its not that easy to find funds to start with.

i agree that you have to be knowledgeable first about btc before you invest and be sure you are patient enough because btc price is volatile,if you are not patient there is a tendency for you to get panic and it will cause you to jump in panic selling which is not good because instead of having good profit, you may lose your money instead