While Bitc0in investing can be intimidating for those just getting their feet wet, there are several tips that newcomers can use to maximize their chances of success.
By following the top five tips listed below, investors can boost their chances of meeting their goals.
1. Do Your Homework
2. Proceed With Caution
3. Diversify Effectively
4. Keep Your Coins In Wallets
5. Prepare For Volatility
Source: https://www.forbes.com/sites/cbovaird/2017/11/21/top-5-tips-for-new-bitcoin-investors/#1cea07cd1e80
By following the top five tips listed below, investors can boost their chances of meeting their goals.
1. Do Your Homework
2. Proceed With Caution
3. Diversify Effectively
4. Keep Your Coins In Wallets
5. Prepare For Volatility
Source: https://www.forbes.com/sites/cbovaird/2017/11/21/top-5-tips-for-new-bitcoin-investors/#1cea07cd1e80
1. Do not engage in anything without prior knowledge. You should learn about it first hand and second hand.
2. Never expect too much.
3. Patience and perseverance are needed.
4. Expect for negative things.
5. Trust in bitcoin.