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Author Topic: What is the best tips for who will invest in BTC for first time?  (Read 7883 times)
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June 26, 2019, 08:56:09 AM
 #121

So OP. Did you buy when I told you so or you are yet indecided?

Bitcoin is not a bubble, it's the pin!
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June 26, 2019, 09:21:01 AM
 #122

now the price of bitcoin is 12,600 $ and will still continue to rise. you should buy now and hold it until at least the end of the year to get a big profit. do not panic if you see the price of bitcoin decreases because usually the price of bitcoin will only experience a slight correction. hold until you get a big profit.

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June 26, 2019, 09:29:12 AM
 #123

The best tip that I could give them is that they should know what they are investing in ,
As we know most of the newbie or new investors in crypto are just investing because they think that they would gain profit from it,
They are just here due to the hype not knowing the risk that they are getting in.

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June 26, 2019, 09:36:38 AM
 #124

First never consider investing in bitcoin as a Game because if does for sure you’ll get nothing in here but losses.always remember that in this area our precious money is at stake and making it a Game is like a suicide so better change that mindset

Second never go ALL IN ,at every instance always consider having a second option and that will happen if you diversify your money and buy at least 3-5 altcoins and tokens
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June 26, 2019, 09:37:06 AM
 #125

Bitcoin should only be purchased through viable exchanges, no user-select exchanges, and not known by many investors. Do not keep Bitcoin on exchanges because hackers hack exchanges, so It's not safe with your money. Please choose Bitcoin storage platforms like coinbase or blockchain.

I agree with you, that there is no recommendation for users to put their bitcoins on large or unknown exchanges, because it will risk losing your BTC, if you want to trade at least not put too much Bitcoin, because I know that exchanges are not all safe for save bitcoin, at least use the Blockchain which is clearly safe to store your bitcoin there ...
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June 26, 2019, 09:42:58 AM
 #126

There are many tips for who will invest in bitcoin for first time... first of all do research  befor investing.. then find a best and secure exchange point to buy bitcoin...
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June 26, 2019, 09:49:47 AM
 #127

now the price of bitcoin is 12,600 $ and will still continue to rise. you should buy now and hold it until at least the end of the year to get a big profit. do not panic if you see the price of bitcoin decreases because usually the price of bitcoin will only experience a slight correction. hold until you get a big profit.

With this quick increase I think it will have a correction for the next following days or before the end of the week. I don't suggest buying now because many people are in fomo again. But who knows, bitcoin is very volatile it could pump even more just like what happen on 2017. It all depends on the op.

 
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June 26, 2019, 10:50:04 AM
 #128

Now we have come in this stage where everyone know better about bitcoin and if you are really interesting in bitcoin, so then invest on it, otherwise in my thinking you are little bit late come in bitcoin, because you could see bitcoin price $12560, it is too much high and ago two months or a month, bitcoin was not in high pick, that was a time for investment. But if you have a lot of money then you will invest in bitcoin.     

 
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June 26, 2019, 10:59:44 AM
 #129

Now we have come in this stage where everyone know better about bitcoin and if you are really interesting in bitcoin, so then invest on it, otherwise in my thinking you are little bit late come in bitcoin, because you could see bitcoin price $12560, it is too much high and ago two months or a month, bitcoin was not in high pick, that was a time for investment. But if you have a lot of money then you will invest in bitcoin.     
Everyone believe that Bitcoin will reach ATH so bitcoin is the best investment for now or investors can also choose ethereum for investment.
You are right months ago when the whole crypto market were bleeding badly, that was a good time for investment but big investors already invested at that time.
But Bitcoin dominance right now at %61.5 and price just moving to upside.
https://cointelegraph.com/news/crypto-analyst-says-bitcoin-price-could-hit-100-000-during-next-bull-run
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June 26, 2019, 11:20:48 AM
Last edit: June 26, 2019, 11:41:12 AM by kr105
 #130

Now we have come in this stage where everyone know better about bitcoin and if you are really interesting in bitcoin, so then invest on it, otherwise in my thinking you are little bit late come in bitcoin, because you could see bitcoin price $12560, it is too much high and ago two months or a month, bitcoin was not in high pick, that was a time for investment. But if you have a lot of money then you will invest in bitcoin.    

These days everyone knows better about Bitcoin but not everyone does smart moves about it. You are right, it seems like Bitcoin price is a bit risky to invest in today.  Couple weeks ago it would be better to start investing.

 
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June 27, 2019, 01:02:08 PM
 #131

now the price of bitcoin is 12,600 $ and will still continue to rise. you should buy now and hold it until at least the end of the year to get a big profit. do not panic if you see the price of bitcoin decreases because usually the price of bitcoin will only experience a slight correction. hold until you get a big profit.
I agree with the technique you recommend, because the expensive price of bitcoin will certainly reach the highest limit, my prediction until the end of the year can reach USD 20000.
Of course this opportunity must be utilized as well as possible, but there is still time and opportunity. Invest with the money you have, don't use debt money. Be patient, I'm sure the highest price of bitcoin for this period is still long.

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June 27, 2019, 01:20:05 PM
 #132

There are several things i can advise on.
1. Use trustworthy exchange, there are a very many exchanges which appear great but in reality have little security and fake volume.
2. USE 2FA for your exchange wallet
3. Store BTC offline if you are a hard core holder
4. Dont get caught short term price action
5. Dont set stop loss at low levels especially if you dont know what are you doing

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June 27, 2019, 01:26:20 PM
 #133

Dear if you want to earn money then Buy bitcoin.
Safe cautions for you i will recommend to you is
1: Choose the safe and most recommended exchange.
2: Don't keep bitcoins for long term. Play with it just like a game.

1. Do not store BTC you do not plan to use/sell soon. Hardware/cold wallet is way safer.
2. HODLers can surely disagree with such a statement. As well trading requires some knowledge...what many people learned hard when they invested in BTC in December 2017 and selling in panic in 2018.

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June 27, 2019, 01:47:21 PM
 #134

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

All of that you listed are helpful to me back when I started to know about cryptocurrency. I began to look for trading strategies at youtube tutorials. Then, I tried it many times. Unfortunately, I lost a lot of money before I learned. But right now, I am gladly that I can execute safely than before. If we never try to trade, we don't learn from it.

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June 27, 2019, 01:52:00 PM
 #135

These days everyone knows better about Bitcoin but not everyone does smart moves about it. You are right, it seems like Bitcoin price is a bit risky to invest in today.  Couple weeks ago it would be better to start investing.

People should've invested or bought bitcoin in a couple of weeks ago, I mean REALLY! Ever since the price increased to 5-digits, it just continuously pumped and we are so surprised by it. If you are a new investor, you better know that investing in this market is not as easy as you've done like other assets. It is volatile and you should've always stay track of your investment because you will be missing a lot of good points or times to sell your investment.

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June 27, 2019, 01:55:44 PM
 #136

Bitcoin plunged today by as much as 20% due to the crashing of coinbase exchange. This is your opportunity to buy some bitcoin. Always remember that better to buy bitcoin when the price drops.

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June 27, 2019, 02:05:46 PM
 #137

Earn money. Buy bitcoin.

Earn money. Buy bitcoin at $2000 or $1000
So it means impossible to happen?because bitcoin will never go down that low value.looking at $11,000-12,000 I don’t think there’s any chance to bring back to that lowest value for the last 4 years or so

There are several things i can advise on.
1. Use trustworthy exchange, there are a very many exchanges which appear great but in reality have little security and fake volume.
2. USE 2FA for your exchange wallet
3. Store BTC offline if you are a hard core holder
4. Dont get caught short term price action
5. Dont set stop loss at low levels especially if you dont know what are you doing
Maybe mentioning some good and trusted exchange would help.like Binance and bittrex

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June 27, 2019, 02:22:15 PM
 #138

Only invest small percentage of your capital at once. And dont jump into any campaign without enough research. No one will ever care about your investment. And emotion will only bring loss into your account. Tokens or coins are important than project itself and dont love the project, love your tokens instead.

 
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June 27, 2019, 02:26:19 PM
 #139

Bitcoin plunged today by as much as 20% due to the crashing of coinbase exchange. This is your opportunity to buy some bitcoin. Always remember that better to buy bitcoin when the price drops.
Yes.Just always remember to buy low and sell high and you won't get misled in btc investment.And invest only what you can afford to lose so that you will not be totally frustrated once you end up being a loser.With the current correction we have right now,it would be best to start buying now and sell it when btc surges again.

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June 27, 2019, 04:07:37 PM
 #140

Only invest small percentage of your capital at once. And dont jump into any campaign without enough research. No one will ever care about your investment. And emotion will only bring loss into your account. Tokens or coins are important than project itself and dont love the project, love your tokens instead.
The O.P is referring in BTC, not on any token but I guess they should also think about this one. The project is important also but that is for the big companies that need the project or service but you as a small time investor you should always think about what will happen into your money and what is the good benefit of it for you in the future. Do you think it can help many people in the future? If yes then for sure the value of that coin or token will increase and that's one good thing in investment.
Investing such test money or we can say low money in BTC is a good start, just make sure that you must learn from your mistake if you already have done one.

 
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