Post
Topic
Board Beginners & Help
Re: Before investing in bitcoin, What should I think about?
by
seoincorporation
on 08/04/2020, 13:54:42 UTC
Bitcoin investment makes me think a lot.
Of course, it takes a lot of thought to invest in things like Altcoin, Stock, fund, not just Bitcoin.

I have to think of 5 questions before investing in something. And answer it.

1. Which Purpose Are You Pursuing?
2. How Much Can You Realistically Set Aside for Investing?
3. When Will You Need This Money Again?
4. How Much Should Risk?
5. What Should You Invest In?


What should I think more than this?
What thoughts did you go through before investing in Bitcoin?


1. The propose is to get an income online
2. Close to 50% goes for investing
3. When it reaches the value I'm chasing
4. Risk all is the way to win big, but that way you can lose it all
5. In coins with future like ETH, XMR...