I don't know much about bitcoin, and I also want to invest in bitcoin, but I want to ask whether bitcoin has good potential for the future? and what,, many people who lose investing in bitcoin.? and I want to know why people experience losses investing in bitcoin?
to tell you mate, never to invest in something that you don't understand but the problem here
we are talking about bitcoin here that even me does not even know Bitcoin when I start investing in
this coin (but lucky that a cousin and a friend vouches for this so I decided to put my money inside)
sometimes we can trust something that we does not truly understand but some of our friends or relatives are already into it.
Lack of understanding is what is making people to lose Money. We need to understand the system before we decide to benefit from the system because things can go either side and we should not be so eagered to invest in cryptocurrency. The price of Bitcoin would always go up and down and that should not make us wants to invest quickly before we study the price movement and make better decisions. We can always earn from the market if we understand little about the market structure so it will guide us on how to take some certain decisions some people would always ignore.