Quote from: Awaklara on Today at 06:43:19 AM

Quote from: smile1218 on Today at 06:19:47 AM

Before investing in Bitcoin make sure you have a thorough knowledge of what you will investing. If you are hesitant and you still don't understand your decision you try to invest in a small amount because actual trading could be the best teacher. Also make sure that you will invest only what you can afford to loose. Never invest all what you have you can diversify it or do the dollar cost averaging. Think so many times before investing so that you will not regret it what ever happens to your investment. Assess yourself if you will keep that investment for a long time or you just wanted to do a fast trading. The decision would still be depends upon you.

because most beginners also just go along with friends' suggestions or what they see on social media ads. they purchase assets at random for their investment. even using money from the needs they have.
the basic concept of investing, they will benefit if they choose the right assets and also have the patience to achieve their investment plans. many beginners think they want to get profits in a short time by investing in Bitcoin. and clearly it is the wrong owner.

Sometimes you don't get to blame them for thinking such because they might have been probably told the wonderful news that follows a bitcoin investment by a friend and all they could imagine is the huge profit they calculate will be there if they invested. Most times these advice are from people who have benefited a lot from bitcoin but the major issue is they don't actually explain to these newbies the risks that follows when you invest in bitcoin and again most of the newbie are just lazy to their own research they prefer going through shortcuts in life thats wanting to have huge earnings without probably taking big risks.