Post
Topic
Board Beginners & Help
Re: Before investing in bitcoin, What should I think about?
by
KrisAlex18
on 13/04/2020, 12:01:17 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?

Investing is really a great way of earning money but do not invest if you don't have some knowledge about it, you should know first some other things about investing before you try it.
My answers about your questions:
1.I just wanna invest because I will need it in the near future.
2.It dependa on how much I spend my money for the whole day but I always set aside my money to invest.
3.After I College life, I wanna build my own business.
4.50% of my money, before we invest we should know that we can lose or we can make money.
5.Bitcoon because the higher the value of the cryptocurrency, then higher the return.