Does anybody have any suggestions for investing in Bitcoin?

[artdisrupt]

There are lot notions around the number one digital currency investment. Potential investors from Wall Street think that it might not be the best for them to invest in Bitcoin. Some people skepticism arise a result of record exchange hacks and also lot of scammers in various social media platform.
Financial expert advisor have different opinions about the bitcoin future despite the huge profit risk takers  made during this year rally. What is your legit suggestion  in investing into bitcoin base on the level of your exposure to the blockchain industry?

[witcher_sense]

There are lot notions around the number one digital currency investment. Potential investors from Wall Street think that it might not be the best for them to invest in Bitcoin. Some people skepticism arise a result of record exchange hacks and also lot of scammers in various social media platform.
Financial expert advisor have different opinions about the bitcoin future despite the huge profit risk takers  made during this year rally. What is your legit suggestion  in investing into bitcoin base on the level of your exposure to the blockchain industry?

Today's market is very risky because bitcoin is a very volatile asset, the future of which is still uncertain. To mitigate any risks involved with investing in bitcoin, you should wait for it to achieve new ATH. Then you skip it and don't invest. Just wait for another ATH, the one that will give you enough evidence that the time has come. You should probably skip that one too because it is still risky to invest your money. In my opinion, you need to wait for the third ATH. Only then it is going to be relatively safe to put your dollars in. Don't wait too long, however, because you can miss the moment when bitcoin is no longer volatile due to its maturity.

[AniviaBtc]

Before you invest on bitcoin, making a lot of researches will help you on what to improve and what to learn in trading and investment. Cryptocurrency is so complex and technical when you engage to it that's why it takes a lot of time to learn and adapt on how it works in the market. But bitcoin is really worth it to invest and you should make some time to understand and also share it to your friends and families. Also look for a mentor or a professional so that these experienced investors will help you on how to start without having big problems.

[Marcus69Nio]

The abovementioned advices are very good and sage. I can only add that you should calculate the risk inherent in case if the market price will sharply dump. The bitcoin market is doing volatile nowadays and it can drop a few thousand in an hour and get up 10 thousand in a day. If you are ready and you have a lot of nerve then feel free to invest in Bitcoin right now.

[irixo10]

Talking about risks, it is not only limited to Bitcoin, but in fact the entire crypto space is filled with risks, hence you need to be extremely careful to be safe from hackers, scammers and most importantly, you should always Invest what you can afford to lose because the market as well is highly volatile. Talking about Bitcoin, the fact is, many people will always have different opinions regarding it, some are willing to invest in the future (Bitcoin) and some thinks it's better to stay away, but yet won't fail to discourage people, therefore the reason why you need to understand how the crypto space works and the potentials of Bitcoin in order to be enlightened and stay put. In the same way, talking about hacking of exchanges, in order to be safe, keep your assets in your personal wallets while in the case of scammers, learn to be contented because what these scammers do in social media platforms is to advertise platforms they say will give high returns with little money when you invest and will show fake proofs to back it up, but if you will learn to overlook all those adverts, their messages and so on, you will be safe from being scammed. Lastly, if you want to invest in Bitcoin for long term, then wait for a while for the price to drop then buy with funds you are comfortable with.

[jaresmerel001]

Bitcoin trading has been around for a couple of years now, and since its emergence, a lot has changed. You need to conduct your own homework if you are just getting started. Knowing what you are getting into will help you make informed investment choices.

Learn to walk before you run. You need to understand basic mechanics. Learn how to sell and buy bitcoin, and how to start buying bitcoin on the easiest and most secure platforms.

It is important to learn how to guard your assets, as with all other financial investments. You need to protect your digital assets from scammers and cyber attacks in this instance.

Before you increase your investment, first invest small amounts and see how things turn out.

[Lorence.xD]

Before you invest on bitcoin, making a lot of researches will help you on what to improve and what to learn in trading and investment. Cryptocurrency is so complex and technical when you engage to it that's why it takes a lot of time to learn and adapt on how it works in the market. But bitcoin is really worth it to invest and you should make some time to understand and also share it to your friends and families. Also look for a mentor or a professional so that these experienced investors will help you on how to start without having big problems.

You don't need to get into every detail to invest in bitcoin, if you plan to daytrade then you might benefit from it but if you want to be a passive investor then I think the basics will be enough for you. Cryptocurrency is complex but that does not mean that you have to learn each bit of information about it, you will not use all of them anyway. I agree with you about mentorship, in my opinion this is the best way to gain more knowledge and information without spending too much time because you are both experiencing the things that you should learn and at the same time the mentor will be teaching you things that you will use along the way, have to be careful about it though, look for a mentor that will prioritize your growth instead of profiting from mentoring you.

[yazher]

The trading attitude is very important, and it is also very important to control the position. Only by knowing how to control losses can you have a chance to make a profit. Do not invest blindly. Pay more attention to market trends like visiting crypto news site coindesk.com but I will also recommend to you to take a look at the ZB.com research report.

Yeah, people should consider educating themselves about the current situation of the market rather than jumping to invest blindly without knowing the stories about it. In this kind of investment, you don't need to take whatever they said because most of what these people say is in their own opinion to make their coins popular to others to give them false hope. You need to make your own research to save yourself from such things or else you only lose your investment from nothing.

[BlackHatCoiner]

I do.

• Never trust any "succeeded investor" from the internet.
• Do not invest if you don't understand how it works.
• Do not invest if you can't afford to lose.
• It's recommended to invest half or lower of your money to bitcoin (or anything else). "Don't put all your eggs in one basket".
• Never deposit coins on exchanges if you want a long-term investment. Use non-custodian wallets instead.
• Use online exchanges if you want day-to-day trading with low fees.
• You forget the paypal method.
• Read about it. Educate yourself. This thing will blow up in the future, because of this. Not all people have understood what it is.

[pinggoki]

I advise that before you start investing in bitcoin, you must know what bitcoin is and what are the ways on how you will earn here and also how bitcoin works. Simply because why you will invest your time, money and effort on a thing that you didn't understand on how it works? Another thing is that security, always remember to back up all of your assets and private keys in order for you to be more secured to those people that has a bad intention to you.

[bosede1]

I cannot possibly tell you to invest in what you don't believe in or have a priority for, I have been in this forum going to four years now and I can say any day you decide to join the club of bitcoin investor later in the years you will be glad you did.

[AicecreaME]

What is your legit suggestion  in investing into bitcoin base on the level of your exposure to the blockchain industry?

Just do your own research, believe in what you have known. If anyone who is famous hates Bitcoin and tells the public on not to invest in Bitcoin but invest somewhere else, don't listen, it is you who are going to invest, not them (letting others to decide what you should do means you're not making your own future). Always make decisions base on your own speculation, ignore the doubt and take the risk to make profits.

Trust me, we have our own preference when it comes to investing our money, and right now, investing in Bitcoin is the greatest idea that you could ever made. Just don't forget to study about it first.

[Sirait]

^ preparing self ^{[knowledge, mentality, and money]} before investing in Bitcoin is your best first step. don't start investing in Bitcoin because of the hype, you will only lose money and confidence because of it. at first, I never had the desire to focus on cryptocurrencies, especially Bitcoin but I saw a very large chance of success in cryptocurrencies. If you believe in yourself and invest in Bitcoin with full confidence it will not be until the next 5 years, you will be very rich.

[lifeforcepools]

Invest when the price is low enough, sell when the price peaks. It's simple.

[LittleBitFunny]

I don’t think I need to tell you anything about the benefits of investing in Bitcoin. Already you can realize how much profitable is it. On the behalf of Jan 2021 report, You may know Bitcoin is now the 11th Biggest assets by market cap. With a market capitalization of about $658B, Bitcoin has been able to overtake giants corporations like Alibaba, Samsung, JPMorgan and achieve 11th position. So, there is only one suggestion I can give you, Do your own speculation, Buy Bitcoin as much as you can at deep and don't sell it until we break 100k.

[Pizzalover420]

Don`t, it will be worthless in the end. You will actually be at a negative producing it.

[Wenbing]

There are lot notions around the number one digital currency investment. Potential investors from Wall Street think that it might not be the best for them to invest in Bitcoin. Some people skepticism arise a result of record exchange hacks and also lot of scammers in various social media platform.
Financial expert advisor have different opinions about the bitcoin future despite the huge profit risk takers  made during this year rally. What is your legit suggestion  in investing into bitcoin base on the level of your exposure to the blockchain industry?

I have two points or suggestions, about the advice that investors should heed before investing in crypto.

1. Do it yourself. that means you should arm yourself with proper knowledge of the bitcoin or the project you want to invest in. one of the ways is to study the whitepaper.

2. Know the TIMING, it will help you to know when to get into the market and when to cash out. This applies to investment and trading, timing is key to success in this volatile industry.

[0t3p0t]

There are lot notions around the number one digital currency investment. Potential investors from Wall Street think that it might not be the best for them to invest in Bitcoin. Some people skepticism arise a result of record exchange hacks and also lot of scammers in various social media platform.
Financial expert advisor have different opinions about the bitcoin future despite the huge profit risk takers  made during this year rally. What is your legit suggestion  in investing into bitcoin base on the level of your exposure to the blockchain industry?

For me investing in Bitcoin is the best if it is long term. You buy it low and then hold it until your target has reached. This method is tested and proven super effective and legit by early adopter and athor investor of Bitcoin.

[Oilacris]

There are lot notions around the number one digital currency investment. Potential investors from Wall Street think that it might not be the best for them to invest in Bitcoin. Some people skepticism arise a result of record exchange hacks and also lot of scammers in various social media platform.
Financial expert advisor have different opinions about the bitcoin future despite the huge profit risk takers  made during this year rally. What is your legit suggestion  in investing into bitcoin base on the level of your exposure to the blockchain industry?

Based of on experience then those words arent something new into this market.You would see tons of them that floating around and just as expected
for a speculative market then you would see lots of speculative guesses and perceptions/views towards it.

How to deal? Just let them be and just continue on things that you do believe.Some say that it is risky, yes its risky but very rewarding if your investment or decisions were right.

This isnt something that we can potentially gain on a typical or traditional market like forex or stocks but when it comes to security then that would really
be an another issue.

Suggestions? Dont invest on the amount that you cant afford to lose.

[sapnu]

Investing in crypto or bitcoin in particular, you always nee knowledge, patience, good timing and strategy. Crypto market is unstable, it means bitcoins value is volatile, you should know and monitor the market movement but if you want to invest for a long term then you should have a lot of patience.

Investing in cryptocurrency is not that easy because you need to consider a lot of things before doing it. A single mistake of choice can lead to a loss of money so you might wanna study the cryptocurrency first, the movement of the market, and its nature. You should also know that there are scam projects out there so you should be careful, try choosing those projects that are on the top list in the market. Bitcoin is a good investment, there are lots of people become a millionaire because of bitcoin. But it is not that easy because they do that with knowledge and with their techniques.