wachtwoord
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June 04, 2014, 01:01:23 PM |
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I cannot advise without knowing your full situation, but in all likelihood: YES.
To make sure, sum up your situation for yourself and investigate Bitcoin (and crypto in general) until you understand. I would also advice you to ban yourself from making any altcoin investment for 6 months.
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ReserviorHunt
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June 04, 2014, 03:31:27 PM |
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Why not? I only recently started on this crypto currency thing, and you should give it a try. Not only is there bitcoin, but litecoin and other 'alternative' currencies as well. Each and every one of them are interesting in their own right.
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BigMac
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June 04, 2014, 03:37:22 PM |
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Why not? I only recently started on this crypto currency thing, and you should give it a try. Not only is there bitcoin, but litecoin and other 'alternative' currencies as well. Each and every one of them are interesting in their own right.
Sorry, can't agree with that line. Only a small portion of altcoins are interesting and quite different, the others are clones, scams, and made for pumps and dumps. |
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Bubbles06
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June 04, 2014, 08:46:13 PM |
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You could treat it like any other investment. Only invest what you can afford to lose. It's very volatile. But there is some good upside potential.
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kaiy
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June 06, 2014, 08:28:12 AM |
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But before anyone gets too excited, it's worth saying that any bet on bitcoin is still more of a wager on its potential and the growing sophistication of its trading technologies than its practical use.
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JohnFromWIT
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June 06, 2014, 08:37:58 AM |
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You could buy a small amount to get yourself personally invested.
As the markets change and affect your investment, you will pay more attention to what's happening.
Bit by bit (nerdpun) you will learn about how it works and become more comfortable investing.
Even then though, don't bet the farm. Only spend what you can afford to.
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platorin
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June 06, 2014, 10:24:24 AM |
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If you have any doubts or questions, try to learn more about Bitcoin and catch it's idea. Once you have fully understood it, you will have no more doubts and personally, answer to your question is: yes!
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Parazyd
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June 06, 2014, 10:25:20 AM |
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Yes, invest! Invest all you can afford. And buy as many Bitcoin as you can, and never sell.
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Febo
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June 06, 2014, 12:25:36 PM |
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If you want to earn you do, there is no other easy way to do it.
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Zyborg
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June 06, 2014, 12:30:44 PM |
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I am completely new to Bitcoins and know nothing about them! Should I invest, and where do I start?
No. You should not invest until you know and understand enough about Bitcoin that you can answer your own question. This. Lots of people rush into something like this thinking it's a way to get rich quick. It's not. You wouldn't invest in something you knew nothing about, why would bitcoin be an exception? |
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bitmaster111
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June 06, 2014, 06:03:15 PM |
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if you want to earn you need to invest in BTC . you can see how markets of BTC increases daily . if you see https://markets.blockchain.info/ here daily increment in the price of BTC. I think it is a safe investment after gold. . |
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Peter882
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June 07, 2014, 11:35:41 AM |
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I am completely new to Bitcoins and know nothing about them! Should I invest, and where do I start?
No. You should not invest until you know and understand enough about Bitcoin that you can answer your own question. This. Lots of people rush into something like this thinking it's a way to get rich quick. It's not. You wouldn't invest in something you knew nothing about, why would bitcoin be an exception? I am sure that many of those buying bitcoin in Dec 2013 have no idea what bitcoin is, but just read an article or a show mentioning the term "bitcoin".  |
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Zyborg
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June 07, 2014, 11:36:39 AM |
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I am completely new to Bitcoins and know nothing about them! Should I invest, and where do I start?
No. You should not invest until you know and understand enough about Bitcoin that you can answer your own question. This. Lots of people rush into something like this thinking it's a way to get rich quick. It's not. You wouldn't invest in something you knew nothing about, why would bitcoin be an exception? I am sure that many of those buying bitcoin in Dec 2013 have no idea what bitcoin is, but just read an article or a show mentioning the term "bitcoin". And how many of them do you think panic sold theirs the first crash because they got scared? |
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Peter882
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June 07, 2014, 12:00:24 PM |
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I am completely new to Bitcoins and know nothing about them! Should I invest, and where do I start?
No. You should not invest until you know and understand enough about Bitcoin that you can answer your own question. This. Lots of people rush into something like this thinking it's a way to get rich quick. It's not. You wouldn't invest in something you knew nothing about, why would bitcoin be an exception? I am sure that many of those buying bitcoin in Dec 2013 have no idea what bitcoin is, but just read an article or a show mentioning the term "bitcoin". And how many of them do you think panic sold theirs the first crash because they got scared? Probably most of them IMO. When they have no idea what bitcoin is, and heard the FUD "bitcoin is dead" when mtgox went down, they probably lost all their confidence. |
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Zyborg
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June 07, 2014, 12:04:06 PM |
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I am completely new to Bitcoins and know nothing about them! Should I invest, and where do I start?
No. You should not invest until you know and understand enough about Bitcoin that you can answer your own question. This. Lots of people rush into something like this thinking it's a way to get rich quick. It's not. You wouldn't invest in something you knew nothing about, why would bitcoin be an exception? I am sure that many of those buying bitcoin in Dec 2013 have no idea what bitcoin is, but just read an article or a show mentioning the term "bitcoin". And how many of them do you think panic sold theirs the first crash because they got scared? Probably most of them IMO. When they have no idea what bitcoin is, and heard the FUD "bitcoin is dead" when mtgox went down, they probably lost all their confidence. Yup. It's a good thing to get rid of short term investors though I think. No need for people who doubt bitcoins here. |
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DolanDuck
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June 07, 2014, 12:04:15 PM |
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I did so many errors in the last two bubbles that I've decided to hold all my btc and forget about exchanges for some years...
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deadley
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Merit: 1064
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June 07, 2014, 12:07:01 PM |
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I did so many errors in the last two bubbles that I've decided to hold all my btc and forget about exchanges for some years...
I also put aside 2 BTC for future. I really dont care what will be the future price either I will be super rich with that 2 coins or it wont affect my life. So buy some coins and hold it for 2-3 years. |
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Zyborg
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June 07, 2014, 12:10:11 PM |
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I did so many errors in the last two bubbles that I've decided to hold all my btc and forget about exchanges for some years...
I also put aside 2 BTC for future. I really dont care what will be the future price either I will be super rich with that 2 coins or it wont affect my life. So buy some coins and hold it for 2-3 years. That's nice, always good to have something to hold in case price explodes to high heavens. |
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