Does anybody have any suggestions for investing in Bitcoin?

[MCobian]

I think as long as you invest money that you can afford to lose, I think it is safe to invest in Bitcoin. Based on my 5 years of experience investing
in Bitcoin, I have no loss as long as my Bitcoin is not sold when the price falls below the price I bought it. So the key to success in order to get
a large profit from investing in Bitcoin is patience. As long as you are patient HODL until the price of the Bitcoin pump, surely you can enjoy the profit
from Bitcoin. So there is no need to hesitate to invest in Bitcoin, as long as it follows the basic rules of investing in Bitcoin it is very safe and profitable.

[ilhamsugihamin]

In my opinion, if you want to invest in bitcoin from now on and get a profit, then you have to wait for bitcoin to reach the new ATH, because at this time the market is very risky due to the changing price of bitcoin.

[rokon1234]

It would be not better to invest in bitcoin at this time.At this time, there is instability in the bitcoin market.Many people are selling their assets for a small profit.In my opinion investing in Bitcoin seems risky at this time.If you invest in this time, you have to wait patiently for good results.

[CryptopreneurBrainboss]

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?

It's just a risk worth taking. There's a flaw in the current banking system and only the elite are able to profit of the masses. Probably bitcoin meant not be the global currency but it's worth giving a try. It offer alternative that are privacy friendly unlike what we have with the banking system. Nobody will intentions want to close the doors to where they profit from and that's exactly what the bankers are doing.

You don't expect them to advice investing in a technology that's take them out of business. The decentralized mode of operation is what the bankers are afraid off since they'll lose control over the finance of the masses.  The suggestions isn't deferent from what the enthusiast before me has stated.

Invest with only what you'll be comfortable losing so you won't get depressed if that's to be the outcome of trend bit that's very unlikely to happen.

[skarais]

Invest with only what you'll be comfortable losing so you won't get depressed if that's to be the outcome of trend bit that's very unlikely to happen.

This would be sound advice for all potential investor. There is no point in using 100% of your money to invest in bitcoin if you end up stressing out about losses. Using borrowed money or money raised from selling valuables may not be one of the recommended options. This investment is very risky and potential investor should consider this risk.

comfortable losing of meney is an important point for all potential investor and this advice will make them feel more comfortable without the pressure when price don't match expectation. Also knowledge, experience and emotional control should belong to every trader or investor. Price fluctuation are common, but investor also still need to secure their capital when the market dump.

[redsun114]

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 I don’t see anything wrong with investing your money in Bitcoin. Bitcoin is good, the risk can be high, but that’s what makes it an investment, there is always a risk. The advice I give is that when you make up your mind to start buying bitcoin, you shouldn’t be in a hurry or try to FOMO, you have to relax and make sure that you’re buying with the right amount and at the right time, because if you don’t do that, you’re going to be facing a real big problem. Some people have tried to FOMO and doing so with all their savings so that they can double their savings, at the end it’s mostly regrets.

[Question123]

Once you entered bitcoin you should consider the possible outcome that to you facing in the future if the price is down because investing is risky and anytime the money you have will chances to lost and I think you should consider that. Because anytime soon there is possible big dump happen but the good to this is also anytime will chances to rise very high taking risk is needed to invest to the bitcoin.

[inanilujimi]

Learn from experience, investing in bitcoin is basically a big risk, if you are not sure about bitcoin do not ever force it to enter a very volatile market.

You will not be able to feel the sensation if you only hear other people unless you really enter into it.

[bryant.coleman]

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 9 plus years of experience in investing with Bitcoin and I guess that is enough to provide a few bits if advice. Bitcoin is not a mainstream investment asset like equity, bullion or real estate. And unlike the case with equity or treasury bond, you don't need the help from anyone to invest in Bitcoin, or to store your assets. Now this may be one of the reason why the Wall Street is not very happy about Bitcoin.

Now coming to the wallet hacks, unfortunately it is very common these days. But in 99.9% of the cases, the users are to be blamed for not taking basic precautions such as 2FA. If you have 2FA, then there is a very remote chance that your wallet will get hacked.

[Yatsan]

Familiarization about how Bitcoin works will be the first step most specially if you do really know nothing from it and you are being a first timer wanting to engage into investment. Having prior knowledge most specially the basics are very essential for there are certain risks associated upon doing engagement with Bitcoin that can be somehow manageable and be bearable once you know how to properly deal with the associated risks you will encounter. Research is a must thing to do to have better understanding about it for you might get lost in your mind ans funds not knowing what you are doing and might end up getting frustrated and disappointed.

[tinopener]

Jump straight in and buy a tiny amount on an exchange such as Coinbase.

Nothing like a bit of skin in the game to focus you

[20kevin20]

If you have 2FA, then there is a very remote chance that your wallet will get hacked.

Not really. 2FA protects your account, but if you hold your BTC in a custodial wallet such as Binance's, their cold wallet could get hacked and you then would lose your money as well, even with 2FA enabled. To avoid getting hacked, you just need a clean PC with a verified non-custodial wallet on it.

[oktana]

I'd simply emphasize on the line "invest the amount you can forget". Today some people throw their money at what they don't really make proper research about and one of them is Bitcoin. But however, whether you've made your research or not, only invest the amount of money that you wouldn't have to be checking Bitcoin's price every second of the day. So, invest the amount that you'd forget you even invested. This way, you won't be restless and worried when the turbulence of price begins.

[arifteguhr]

I'd simply emphasize on the line "invest the amount you can forget". Today some people throw their money at what they don't really make proper research about and one of them is Bitcoin. But however, whether you've made your research or not, only invest the amount of money that you wouldn't have to be checking Bitcoin's price every second of the day. So, invest the amount that you'd forget you even invested. This way, you won't be restless and worried when the turbulence of price begins.

Investing with money that is not included in the money needs and also the allocation every month from the main job is a smart thing. Many people are trapped when the price drops and end up selling at a low price. Money management is very important in investing in bitcoin. I think many people are still careless about this. I also like you to invest with a nominal that will not be a burden.

[ninabobo]

As I would see it, in the event that you need to put resources into bitcoin from here on out and get a benefit, at that point you need to sit tight for bitcoin to arrive at the new ATH on the grounds that as of now the market is extremely dangerous because of the changing cost of bitcoin.

[sujon5]

There are some advantages of investing in Bitcoin like liquidity and lower inflation risk, but high volatility makes Bitcoin a risky investment.

[Mistafreeze]

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?

First remember the golden rule 'Never invest more than that you afford to lose'. Now coming to your question, if you see historical price of BTC, it is always growing with some down times. I don't think BTC has reached it full potential yet.
Everyday more people got to learn about BTC and crypto and everyday we get new holders.

[Joyawan13]

Learn from experience, investing in bitcoin is basically a big risk, if you are not sure about bitcoin do not ever force it to enter a very volatile market.

You will not be able to feel the sensation if you only hear other people unless you really enter into it.

yes, for example we don't know and understand bitcoin, we better not go in and invest in it before we do research and knowledge first, of course it's useless, for example, we only hear news and know about bitcoin when bitcoin price increases are peaking & a lot of news which is very phenomenal, of course more and more people will know about bitcoin, and there will be many people who are willing to buy and invest in it after they know that bitcoin has the potential to grow in the future and many people can get big profits from it.

[matchi2011]

I'd simply emphasize on the line "invest the amount you can forget". Today some people throw their money at what they don't really make proper research about and one of them is Bitcoin. But however, whether you've made your research or not, only invest the amount of money that you wouldn't have to be checking Bitcoin's price every second of the day. So, invest the amount that you'd forget you even invested. This way, you won't be restless and worried when the turbulence of price begins.

Investing with money that is not included in the money needs and also the allocation every month from the main job is a smart thing. Many people are trapped when the price drops and end up selling at a low price. Money management is very important in investing in bitcoin. I think many people are still careless about this. I also like you to invest with a nominal that will not be a burden.

You need to outsmart those competitors around this market, you need to use money that you can let go or you can allow to take a much longer term for your investment.

Like wat you have said, a lots of people lose their money from this investment or other venue of investment due to lack of patience or fears to lose more. If you are capable of risking your money then the chance is higher.

[xcaret]

If you are asking for advise , Bit Coin is not for you .