Post
Topic
Board Altcoin Discussion
Re: Don't invest In Bitcoin and Cryptocurrencies!
by
Bharathi13
on 18/08/2018, 10:02:35 UTC
Title was just to bring the attention of Those who are thinking of investing money in bitcoin or any other crypto currency.

A few things you must keep in your mind before investing in Bitcoin or any other crypto currency:

1.Make sure you have read the whitepaper of bitcoin or the currency you are thinking to put money in.
2.Crypto currencies are not just for making money.
3.There are no guarantees of profit.
4.You can loose all your money so invest only what you can afford to loose.
5. Don't panic when market fluctuates because its not only you who is controlling the market.
6.Do not buy and sell in FOMO(Fear of missing out) & FUD(Fear, Uncertainty and doubt).
7.Take opinions but Do your own research before taking any decision.
8.Last and the most important: Patience is the key.


All this points have already been discussed by so many members on the forum already but thanks for making this point to come again in the picture. But I feel now a days trends are changing only 20/100 peoples read the whitepaper. Newcomers are looking for paid trading signal group or ICO shillers to invest their funds and follow them like goats. I feel very bad for them as they loose their chance of learning something new about the project they are investing in by depending on the signals and paid shills.