Quote from: Wakate on April 13, 2024, 09:11:40 PM

Quote from: rodskee on April 13, 2024, 01:06:06 PM

Quote from: Rx009 on January 25, 2023, 06:00:49 AM

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.

Majority of new investor think that bitcoin is a fast cash scheme that's why they always fall in wrong category then get scam by certain scammers pretending that they can give better income to them. If they could just even realize that everything they see online offering such unrealistic big gains for sure they would not try to participate on any programs that is so shady for them. People need to understand on what they could do to maximize the potential chance to earn and minimize the risk so that they will not regret those decision they want to participate. People need to learn and realize what's real or not so they could able to earn legitimate profit from good decision they made on their investments.