Quote from: Jackypot on February 09, 2018, 04:37:34 PM

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.

Quote from: DoublerHunter on July 08, 2018, 02:26:05 AM

Quote from: thundercrystal on July 07, 2018, 11:42:27 PM

Quote from: rockyboy on July 07, 2018, 10:52:49 PM

It is more important to know more about bitcoin and how it is being used by every user and investors. Need to know about the uncontrollable and unpredictable market of crypto.

I think before a lot of people should invest in bitcoin, they should know first that the value of bitcoin is rapidly changing and off course all the newbie who want's to invest should know that bitcoin is for long term investment.

Bitcoin is not just for long term investment because it is also for short term investment like for the swing traders of bitcoin who are buying bitcoin and keeping their bitcoin in their wallet for a short term and that is the reason why people should make an assurance if they want to get into bitcoin or not because there are things that they might dislike.

I am agree to what they said that it is very important to know more about bitcoin before you start investing. Actually you need to make a research so that you do not need others to start to it because there is a chance that you will be scam if you trust others.