Post
Topic
Board Bitcoin Discussion
Re: TOP suggestions for someone who's thinking of buying BTC?
by
swordling143
on 19/04/2019, 11:20:02 UTC
What would be the top things you would advise on or suggest to someone who’s thinking of buying BTC?



Mine would probably be; 

1 Before investing, spend time learning about cryptocurrencies and blockchain in general

2 Don’t look at it as get rich quick scheme, but as a long investment

3 Learn ways to keep your bitcoin safe and secure.

Number 2 is absolutely on point! This is one of the most common misconceptions of bitcoin. Even the pioneer investors know that it's a long-term investment. You really have to do your own research before investing. There may have been exceptions in the past when some people took advantage of buying before reaching ATH, but nowadays, bitcoin is definitely not the way to earn quick bucks. I have some things to add though, you really have to be patient and stay positive all the time. Avoid FUDsters getting into you by ignoring dips and avoiding selling low. Remind yourself that bitcoin is the future and you're simply preparing yourself for it.