Post
Topic
Board Beginners & Help
Re: which step i should take before buy bitcoin?
by
aeternus
on 15/03/2018, 01:54:21 UTC
I am trying to buy bitcoin . i research online take some advise from people who are involve with it ..But to get exact point its bit uncertain ...so what should i need to know before buying bitcoin?
The first thing you need to understand is why you are getting bitcoin in the first place, if you are buying it to use it then you need to get a wallet and see some videos on youtube about how to receive and send a transaction, you need to understand concepts like the transaction fee, the mempool and others, now if what you want to do is to invest in it you need to understand the basics of investing and the possibility of losing money if you do some bad trades.