Before investing in bitcoin, What should I think about?

[Velkro]

1. Which Purpose Are You Pursuing?
2. How Much Can You Realistically Set Aside for Investing?
3. When Will You Need This Money Again?
4. How Much Should Risk?
5. What Should You Invest In?
6. Do i know what im investing in?
7. Do i know computer security?
8. If two abose is false, then are you ready to loose it all?

I added sixth, seventh and eight point, because not knowing what you really investing in (brake through technology, but you must know why), not knowing computer security to be able to secure your investment and then eight as warning. If you dont know what you are doing and dont know enough about basic computer security at least, learn first or you will loose it all sooner or later.
Either through exchange hacked/bankcrupcy or trojan horses etc.

[iamsheikhadil]

Hmmm... You added the most important ones. Maybe you should also consider how much loss is acceptable since there's no guarantee you will profit from the trades. When to cashout, when to reinvest. Study the market, see when the dip of the coin is and when it's likely to go up again.

[Eugenar]

Investing is really good way of making money but always remember that you are taking a risk when doing that because you are not sure that you will make profit from doing that but having skills and knowledge about it is really a good advantage for you if you pursue it.
1. I want to invest because I wan to secure my future, I need more money in future so I can have my own business.
2. Actually it depends, on my money. I think it is about 50% of my money.
3. When I graduated a college, I need moeny so I can be independent and build my own business.
4. It depends on your current situation and the money you have.
5. I think the best cryptocurrency to invest is bitcoin because it has the highest value compared to all other cryptocurrency.

[Annisa_crypto]

Bitcoin investment makes me think a lot.
Of course, it takes a lot of thought to invest in things like Altcoin, Stock, fund, not just Bitcoin.

I have to think of 5 questions before investing in something. And answer it.

1. Which Purpose Are You Pursuing?
2. How Much Can You Realistically Set Aside for Investing?
3. When Will You Need This Money Again?
4. How Much Should Risk?
5. What Should You Invest In?

What should I think more than this?
What thoughts did you go through before investing in Bitcoin?

▶ Source : How to Build an Investment Plan That Works for You

1. My purpose is to invest less and hold for a long time.
2. It is in between 30 to 50%
3.When I feel I will get more return from that money
4. Risk is everywhere if we will think about the risk we never invest
5. I will invest in BTC and other alts which has more value like eth.

[gentlemand]

The most important thing to think about is probably the thing you won't discover until you're balls deep - what is your appetite and attitude towards risk?

You might find you're a man of iron who laughs off any dips. You might find you're a squealing bitch who panic sells at the precise moment of the bottom and then buys back when it's doubled or more.

Until you know that I wouldn't be putting anything more than play money in.

[Onuohakk]

Bitcoin investment makes me think a lot.
Of course, it takes a lot of thought to invest in things like Altcoin, Stock, fund, not just Bitcoin.

I have to think of 5 questions before investing in something. And answer it.

1. Which Purpose Are You Pursuing?
2. How Much Can You Realistically Set Aside for Investing?
3. When Will You Need This Money Again?
4. How Much Should Risk?
5. What Should You Invest In?

What should I think more than this?
What thoughts did you go through before investing in Bitcoin?

▶ Source : How to Build an Investment Plan That Works for You

My primary aim is to make money out of cryptocurrency and also in support of making bitcoin legally accepted globally.
1. To make millions out of crypto
2. I can willingly invest with my spare money
3. Anytime I sees much profit with the investment I made. Whether it is in years or month, will be able to wait patiently.
4. Depending on how much spare money I have at hand at that moment.
5. Bitcoin, eth or any other promising projects I finds interest on

[romelitounknown]

To sum up your post, just set any amount to invest in any coins for how many years of holding it.then stick to it no matter what the market price is.

[CryptoInsights]

3. When Will You Need This Money Again?

Thinking about this question and there wont be a fixed answer. There are chances of you market prediction going right but it is hard hard hard to predict life. Think of corona non had predict and it happened and do not know how many families suddenly needed the money. There are also cases where the earning member of the family is suffering.

One more questions that could be added is "Is it the right time to invest?"

[shade jenn]

For me they are:

1. Second Income, which can replace my main income in the future.
    I target second income twice the amount of my main income
2. Around 20% (based on an economist consultant).
3. If there is a sudden need.
4. 5-10% from the capital per one transaction.
5. Bitcoin, the mother of cryptocurrency.

[Onuohakk]

The things you should think about before investing in bitcoin is that: bitcoin is not quick scheme for richness.
2. It requires much of patience to see some profit
3. you shouldn't invest in what you can't condole with
4. Crypto market is volatile in nature
5. Carryout research before investing in any altcoin

[KiloFoxtrot]

Bitcoin investment makes me think a lot.
Of course, it takes a lot of thought to invest in things like Altcoin, Stock, fund, not just Bitcoin.

I have to think of 5 questions before investing in something. And answer it.

1. Which Purpose Are You Pursuing?
2. How Much Can You Realistically Set Aside for Investing?
3. When Will You Need This Money Again?
4. How Much Should Risk?
5. What Should You Invest In?

What should I think more than this?
What thoughts did you go through before investing in Bitcoin?

▶ Source : How to Build an Investment Plan That Works for You

Based on your numbered questions, here are my answers:

1. Profit and Financial Flexibility.
2. My extra disposable income is a good basis, but it's still dependent on my risk tolerance at that time (invest only what you can afford to lose).
3. An emergency definitely caused me to sell before, due to my previous financial situation. So, unless I'm planning to do some day trading, cashing in when it hits an ATH is the ideal goal.
4. Risk Tolerance differs from one person to another. I suggest you try to research more about this topic.
5. Coints/Tokens that I trust (or want to risk on) the most.

[tvplus006]

...What should I think more than this?...

You should determine for yourself for what period you are going to invest your money. And then you can define your strategy on the crypto market for yourself. You will either simply hold your coins or trade them for a medium-term period or during the day.

[greenlanternlight01]

1. Which Purpose Are You Pursuing?
2. How Much Can You Realistically Set Aside for Investing?
3. When Will You Need This Money Again?
4. How Much Should Risk?
5. What Should You Invest In?
6. Do i know what im investing in?
7. Do i know computer security?
8. If two abose is false, then are you ready to loose it all?

I added sixth, seventh and eight point, because not knowing what you really investing in (brake through technology, but you must know why), not knowing computer security to be able to secure your investment and then eight as warning. If you dont know what you are doing and dont know enough about basic computer security at least, learn first or you will loose it all sooner or later.
Either through exchange hacked/bankcrupcy or trojan horses etc.

to to make it short actually, make an estimate on how much you will invest in any coins and the plan on hodling years. then stick to the plan from day 1.