Post
Topic
Board Bitcoin Discussion
Re: What you need to understand about Bitcoin
by
MainIbem
on 10/07/2024, 10:16:31 UTC
so before using Bitcoin for any serious transaction, you should be well knowledgeable about how the Bitcoin system works and be fully aware of the problems associated with the fiat system.

One a normal, going into Bitcoin without having good knowledge above it is like trying to use a device without battery or power supply. Even in reality, asides Bitcoin the first thing one needs to know before going into any project be it Cryptocurrency or Business related is to get vital information about it, know what you're going into and understand it better advancing into it. In the Cryptocurrency space, many people have fallen victim to scammers and most of the victims are those who rush into a project without having any knowledge about what they're doing, understanding Bitcoin is not very difficult just that most people are too eager to benefit from it without understanding the process. It is when one understands the process that they'll understand the concept of Bitcoin volatility and how to protect their Bitcoin from scammers.