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.
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.
As long as you enter the market for a while, you will know all of this. But not everyone will remember and list out for newbie. Thank you for your post. It's really useful for newbie
