Quote from: Anayochukwu on October 14, 2024, 02:48:21 PM

Quote from: Bright0515 on May 06, 2024, 01:31:56 PM

from this link, it is very important to know how something works before going into where as going deep into research to know the steps to take to be successful in your investment.
I have read many Posts in this forum which indicates that many people don't know what to do many business persons fail in their business cause they don't follow procedures some just venture into it cause others are making success. Recently I saw a post where the writer was asking what should he do if someone tells him they would hold him responsible for their lose if they invest in Bitcoin. Bitcoin and investment is not something to force someone into.

Today I took my time to make this research of Bitcoin investment and I found this so I decided to share.

THE HALVING AND BITCOIN MINING: 3 THINGS TO KNOW BEFORE INVESTING IN THIS EXPLOSIVE INDUSTRY.

From the subject of these thread I honestly thought I would actually see the 3 things I need to know before investing in Bitcoin listed out. Investing in Bitcoin isn't something to force anyone into, Bitcoin can be enticing especially when others are experiencing success. As a newbie one of the things I have grabbed firmly while investing in Bitcoin is to avoid monitoring the market and price especially when you are a long term HODLER.

It's the topic that attracted me to this thread so I thought he was trying to pass a message on what new investors should know before investing on Bitcoin so maybe I could support his ideas and shed more light on it if his opinion are interesting but I wasn't impressed cause I didn't see what he was trying to teach, therefore I'll just consider that he's come across some good informations concerning his topic but still want to hear other people's idea concerning it. Well, with the knowledge I've gathered about Bitcoin so far, First off I'll say that Bitcoin which has become one of the best asset class so far and it's very unique from other Cryptocurrencies therefore investors, I mean new investors should tread with caution thereby storing it in a safe wallet(Non custodial wallet), have the mindset of investing in it for long-term purpose, then use good methods like the DCA to help accumulate better and recover loses. Those are the basic advise I think I could give to a new investor.