Post
Topic
Board Bitcoin Discussion
Re: Things you should know before investing in bitcoin
by
stayeduptolate
on 06/07/2018, 07:21:57 UTC
Things you should know before investing in bitcoin

What everyone wants is to have a stable job and get good savings, the best option is to work the money to get more income for the future and thus have a better quality of life and what better to invest in bitcoin but before you should know certain things about This cryptocurrency.

it is not regulated: there is no entity that regulates and monitors this type of investment. So you should be aware that if you lose your money, nobody will answer

Bitcoin is a high-risk investment: people should know that the level of risk is very high, due to volatility and inability to predict its price. "

Do not get into debt to buy cryptocurrencies: this really should not be done with this or with another investment, if you are going to work your money with extra money you got.

Do not invest more than you are willing to lose: "it is recommended that you do not invest your savings in this currency; on the contrary, invest 1% of your assets, something that you are really willing to lose".

Use reliable pages: use safe sites to navigate and also only use reliable devices such as your cell phone, your computer and your home's wireless network. Never use public networks neither to make investments nor for any type of financial consultation.


Bitcoin investment is very sensitive investment and you have to be very wise and much more sure about your decision before investing into bitcoin. Bitcoin is very volatile, versatile and very sustainable crypto currency and and it involves a little bit risk too and the most important it’s va keeps on flactuation with time so most importantly you need to be very much patience otherwise you could suffer high loss so just be sure with your buying and selling of your bitcoins.