I have made to understand that it is important to have little knowledge about the bitcoin market system and its operation,cause if you fail to observe this principle there’s a tendency that you will not last long and you’ll not make it in your investment as far as bitcoin is concern.Bitcoin investment is quite different from any other investment you can think of,so as such you need to pay attention to details before investing.
It is very important for one to understand every investment before going into it, the mistake people make is going into an investment that they have on understanding about. When it comes bitcoin investment if their is no understanding it impossible for the investment to be successful because investment in bitcoin seems complicated when one lacks understanding. Volatility will always be a problem to those who don't understand it. Understanding is the principal thing I'm every investment, it is the reason why an investment becomes profitable but some people are too inpatient to get the understanding for bitcoin investment.
If you want to start Bitcoin investment you most first understand the concept of Bitcoin when you do that then you go through the history of Bitcoin growth and then you start accumulating, the reason for these is so you will know the potential of Bitcoin and not worry when ever Bitcoin dips, if you don't understand the concept of Bitcoin and it's history growth you will find it difficult to succeed, there was a story I heard about a man who was accumulating Bitcoin and when he noticed that there was a dip in Bitcoin he became afraid and sold all his Bitcoin there by losing money, the reason why he did this was because he didn't really understand that concept of Bitcoin and it's history growth, dip in Bitcoin is not something that should disturb you as an investor because it's an opportunity for you to accumulate more with less price, Bitcoin volatility has never stopped Bitcoin from growing if you go through the history of Bitcoin growth you will notice this, Bitcoin investment is a very good investment and when going into it you should be patient and consistent this two things are key concept in becoming successful in Bitcoin investment.