What is the best tips for who will invest in BTC for first time?

[bitzizzix]

Actually there are no best tips for investing in bitcoin, and in general it is like investing anywhere and all you have to do is buy when the price is low and sell it back when prices rise and depend on the method you use to invest in the long term / short term and both have different advantages.
the most important thing is that you want to study anywhere or with whom and in what ways to be able to understand the bitcoin working system and you will find it from time to time to make good and right investments and be able to recognize deeper bitcoin and other digital currencies .

[Hypnosis00]

Actually there are no best tips for investing in bitcoin, and in general it is like investing anywhere and all you have to do is buy when the price is low and sell it back when prices rise and depend on the method you use to invest in the long term / short term and both have different advantages.
the most important thing is that you want to study anywhere or with whom and in what ways to be able to understand the bitcoin working system and you will find it from time to time to make good and right investments and be able to recognize deeper bitcoin and other digital currencies .

It is a market adoption, new comers will certainly be needing to understand it. We don't need to wait the market goes high before we invest in crypto but to start at low price is ideal time for starter. Market timing is very important and mostly never appreciate it cause they are in doubts if the market will rise once it falls hard.

[iMark]

Follow basic rules:

1. Do not invest all of your money into single coin/token
2. Invested amount should be within your tolerance limit. otherwise you will loose everything
3. Trade professionally not with emotion
4. Dont be greedy
5. Educate yourself first about crypto, how it works etc
6. Do your own research, do not follow anything/anyone blindly
7. Remember, if you can wait, wait patiently caues you are not in lose unless you sale your tokens.

Well said.If you can follow these basic rules,surely you will make good profits in bitcoin investment.This is not an overnight process to make you rich,you still have to make more struggles and conquer all your fears in bitcoin investment.As long as you have high patience,then all these basic rules will be very possible to you.

Thats good tips, once when I first invested, I only used 1 coin to trade and use all capital without a backup of funds and backup plan,
when that coin price fell, then the big loss that I got was because I did not have any capital to run backup plan.

[tiedcoin]

For who will invest for first time in Bitcoin, what is the basic recomendations and tips to PLAY THE GAME!??


1. It is true it's necessary search for a Exchange with the price cheap in BTC for buy it ?? That is a good recomendation for "Traders" and "Holders" too??

2. I will "holder" my BTC, I need buy in piece BTC or all my fiat money buy all BTC? What is the best strategy to be a good HODL in BTC?? And Why?

3. What is your strategy for now in BTC? And why??

4. List me all your good tips for to start now! I will be very grateful...


Sorry for the silly questions, but that's how you start  

PS:. I have already prepared my mindset, and I am only investing a money that if I lose it will not hurt me.

Hey, well good luck for your investment.

However, before you invest in crypto currencies, here are the few things you should know: 
https://medium.com/@odeskpawan1/want-to-invest-in-cryptocurrency-keep-these-things-in-mind-37907f83b37a

Also, keep this tips in mind before taking the plunge.
https://medium.com/@odeskpawan1/thinking-of-buying-bitcoin-follow-these-tips-c165ba9165ec

[Nellayar]

For those investing in bitcoin, don't hesitate to buy it when it is low. 3k dollars price is really low compared right now. Many buyers of bitcoin that bought during its peak and later on they blamed bitcoin because they lost a lot. They don't know what the real environment of bitcoin. They are just speculating it when it moves up.

[CBANX Ltd.]

For the first time investor, I must suggest choosing the trusted and reputed exchange that will make your investment worth in either of the cases. At the initial level, you can buy and hodl BTC to analyze the market ups and down and I suggest you buy BTC now because this is the right time to buy and analyze the volatile glory of crypto in the battle run.

[BuxCoin]

For who will invest for first time in Bitcoin, what is the basic recomendations and tips to PLAY THE GAME!??


1. It is true it's necessary search for a Exchange with the price cheap in BTC for buy it ?? That is a good recomendation for "Traders" and "Holders" too??

2. I will "holder" my BTC, I need buy in piece BTC or all my fiat money buy all BTC? What is the best strategy to be a good HODL in BTC?? And Why?

3. What is your strategy for now in BTC? And why??

4. List me all your good tips for to start now! I will be very grateful...


Sorry for the silly questions, but that's how you start  

PS:. I have already prepared my mindset, and I am only investing a money that if I lose it will not hurt me.

all your points would be good if you buy when price are low when price are high risks increases and there will be fluctuations which can take out your capital
and i you believe bitcoin price will reach good targets then you can 
there are better opportunity where you can invest and gain profits quick and risk is also less as prices are low , divide your capital and invest in good opportunity

[Ris88]

Of course they have to look at and see someone's experience so that they can know and understand what Bitcoin is, because what I know is that investing in their BTC is very difficult but the price continues to be more expensive, so I would rather advise everyone to learn about bitcoin Your beans understand, so you don't lose Bitcoin or when you buy in exchange ...

[FlightyPouch]

For those investing in bitcoin, don't hesitate to buy it when it is low. 3k dollars price is really low compared right now. Many buyers of bitcoin that bought during its peak and later on they blamed bitcoin because they lost a lot. They don't know what the real environment of bitcoin. They are just speculating it when it moves up.

They do not know how Bitcoin behaves at that point. There are a lot of new investors that thought Bitcoin is a fraud, another pyramid scheme so these first investors of it will earn money and they run from them when the price dumps, but it is not. There are scams all over the internet and Bitcoin is not one of them, they should know about that.

[shoreno]

For those investing in bitcoin, don't hesitate to buy it when it is low. 3k dollars price is really low compared right now. Many buyers of bitcoin that bought during its peak and later on they blamed bitcoin because they lost a lot. They don't know what the real environment of bitcoin. They are just speculating it when it moves up.

They do not know how Bitcoin behaves at that point. There are a lot of new investors that thought Bitcoin is a fraud, another pyramid scheme so these first investors of it will earn money and they run from them when the price dumps, but it is not. There are scams all over the internet and Bitcoin is not one of them, they should know about that.

there are way too many scams on the net and also outside the net but the sad part is that they are now using the word bitcoin and cryptocurrency to market thier scam attempts and thats the reason why cryptos such as bitcoin gain a negative reputation from the public especially to those who are newbies but anyway back on the real topic  , the best tips that i can give for the first time investors is that they should stock some knowledge first . when i say knowledge i mean general not just only in crypto and btc but also on how investing works .

[Fredomago]

Of course they have to look at and see someone's experience so that they can know and understand what Bitcoin is, because what I know is that investing in their BTC is very difficult but the price continues to be more expensive, so I would rather advise everyone to learn about bitcoin Your beans understand, so you don't lose Bitcoin or when you buy in exchange ...

Difficult for those who wanted to short it up but for those who are willing to take the risk it will be a good place to earned, having good profitable venue
if you are really keen to achieved don't worry about up and down it's part of the cycle just be positive to look forward.

[izanagi narukami]

It's never too late for invest / holding for a long time.
Yes, it is risky investment but when you decide to invest on something risky, how far do you afford to keep invest ?
While other investor earn profit like never before !

[jhonjhon]

Best tip is don’t fall into sugarcoated promise setup by anonymous, you don’t know what you’re getting yourselves into until too late, remember the bitconnect. Crypto is never lack of high profile scam.

Right, most especially if it is too good to be true, it is best to do your own research before investing or trading and don't just rely on what others would say because most of the time they omit important things just for you to invest right away. Also scam is increasing nowadays so don't fall into their traps.

[maxreish]

If you can feel from yourself that you are ready enough to enter this complicated, risky but profitable world of crypto, then go on buy bitcoin at a lower price. Search an available exchange wallets in your country to be able to store your btc as long term investments. Remember to DYOR which one is a reputable exchange to buy bitcoin.

Also, you've said you have set your mind to this kind of investment. Then, do not be afraid to enter and take a risk. Since you are new here, the best tip i would recomment to you is to do a long term trades. It is more safe than to do short term tradings.

[spacehopper]

Don't invest any single penny before learning about the coin.How bitcoin react on market.I highly re-commanded learn to use forex MT4 system.Get the chart bar and watch movements of bitcoin.Create a demo account there and practice how to trade.Use both technical and fundamental news to trade.Keep doing that couple of month you will get the good knowledge about bitcoin.Then you will feel yourself when to buy bitcoin and when to sell that.

Trading opportunities like trains.When you are at the station,if one train goes another one surely come

[Ucy]

Number one not really necessary if you are going into day/regular trading
Number 2,3,4 have been addressed below:

If you desire to go into bitcoin/crypto trading then learn to trade first by:
- Reading a good book on cryptocurrency trading,
- watching good YouTube tutorials on cryptocurrency trading, 
- using a demo account to experiment with trading
- and then trading with real money you can afford to lose

[Payme21]

The best tip is to do some reserve and follow trend because every one are not likely to be wrong at the same time but never invest more than you can't afford to loose

[starboss]

Wau, I learning a lot with all you!!!

Others questions 

Doubt 1:

Do bitcoin trade just buy low and sell high?

Or a BTC trading goes beyond that, and how do you set the price of the order you want to sell?

For example:

It is possible in Exchange to set a sales order of 0.123 BTC for R $ 123.00
rather than selling for only $ 100? Hence, do you profit R $ 23 more?

(I used dummy numbers to illustrate the example of my question lol)

Doubt 2:

Is it possible to set up StopLoss on an exchange to sell a crypto currency to convert to fiat money if there is a devaluation? Or is StopLoss a configuration only in the HomeBrokers of the "stock" of the conventional financial market?

And what about StopLoss tips do you give? lol if there is anything to add on this subject, although I think it always has ..

[Quennlorna42]

What to do with new bitcoins joining an investment should be good to you and you should invest in it first start at a tremendous amount as it grows and of course before doing so you should be careful of scammers.

[Aldrinx00]

I would rather choose an exchange with higher price but safe and secured compare to ones with low price but not reliable, with regards to storing your bitcoin better get a hardware wallet because it's more safe compare to leaving it on exchanges.