A Review on Three Things to Know Before Investing in Bitcoin

[yulbang111]

The advantage of this Bitcoin is the price has potential to rise at any time. So anyone who wants to invest in the Bitcoin business should be able to get profit. Although it has advantages compared to "conventional" currencies, Bitcoin also has risks. There are several risks for users of this virtual money. One of them relates to the problem of Bitcoin storage.
Bitcoin is not regulated by a central bank. Investors may face extreme instability. There is a big risk for all investments in Bitcoin. Another risk comes from Bitcoin users, lack of understanding about this cryptocurrency character. According to economists, investing in Bitcoin is decentralized, dangerous for democratic and fiscal. Free exchanges without fees or taxes can be converted to large fluctuations.

[Muhammed Awais]

Discussion of this pair in my opinion that market can be move to the bullish trend, as looking forward to the open trade, and I prefer the first option of sell it .
If we seems that closing graph of this pair its overall trend show us buy, and moving average is looking strong up side ,I think it can little bit move up but looking world's situation by Covide,19 it can be move to the down side ,so my suggestions are to sell here ,
If you like & agree

[cupunya]

Avoid borrowing Bitcoin.
Bitcoin lending can return 2.5 percent per year on the bull market, but can reach 6 percent on the bear market. It’s was not a good strategy, because there were still third-party risk factors and tax burdens. Use Bitcoin as collateral. Bitcoin can be stored in a custodian and used to borrow US dollars used to buy more Bitcoin.
Options trading, futures and other strategies can also be applied to beat USD interest rates. This strategy is fairly favorite in Adamant Capital, because it is low risk and high reward. Follow the Bitcoin cycle. Utilizing bull and bear market is not an easy strategy . One indicator is Bitcoin Relative Unrealized Profit / Loss. According to this indicator, if profits reach 80 percent, the market tends to fall, and now the crypto market is at 40 percent so that it can increase later on.

[ilman]

When you decide to invest in Bitcoin, it’s something you want to do after days and weeks is make careful research, use some money that you won't use for living expenses. Never take a loan for investments in Bitcoin. because this is a bad way to broke your life.
The best Bitcoin investments are made with extra money, if your money is gone, you don't feel anything. You should to assume that your money or your investment has been loss at least for one year.
If you no longer consider. Thats way can help to control your emotion, you are not obsessed with Bitcoin price fluctuations.

[yanete]

Bitcoin exchange rates are so high that it can make people tempted to invest. the current value of 1 bitcoin is $7300. the price of 1 bitcoin at the end of 2017 reaches $19.460. If you buy bitcoin today, and the price returns to the previous highest point, you can imagine how much profit you get, but your money can be lost if bitcoin price continues fall to lowest price.

If you are interested investing in Bitcoin, you should consider the following three things below :

1. Bitcoin is like a lottery.
Your chance to get big profit from Bitcoin is the same as your chance to win money from a lottery. The winning rate is difficult to calculate.

2. Bitcoin price is difficult to predict.
Bitcoin is a digital currency, not a Company. There is no cash flow that can be analyzed or financial statements to determine the investment time. Bitcoin volatility is so wild.

3. Country Regulation
In certain situations, a country can prohibit bitcoin trading, so prices will fall.

I hope this review can help to decide when is the best time to invest in bitcoin. You must be prepared to lose money for your investment.

" Only invest what you can afford to lose "

bitcoin has been popular since 2015 and is known as the first digital asset who pioneered the cryptocurrency ecosystem.
Invest in cryptocurrency like Bitcoin be an alternative for millennials to get income. Bitcoin is very profitable investment opportunity especially for younger generation. The reason is that the crypto currency market has developed in recent years.

When investing in Bitcoin , please don't use more money because Bitcoin price always volatile. The higher investment value then you get the higher the risk.
It’s important for you to learn and know about fundamental analysis before invest in Bitcoin. Nobody regulates Bitcoin price.
Invest in cryptocurrency like Bitcoin be an alternative for millennials to get income. Bitcoin is very profitable investment opportunity especially for younger generation. The reason is that the crypto currency market has developed in recent years.

[sureep]

There are many Bitcoin supporters believing digital currency as global economy future. Those who support it argue that Bitcoin is able to facilitate payment systems faster and without fees for transactions around the world. Although Bitcoin itself is not supported by government or central bank, Bitcoin can be exchanged for traditional currencies. Very high exchange rate of Bitcoin against traditional currencies makes investors and traders to invest in Bitcoin market.
When investors decide that Bitcoin is likely to be a safe asset, they buy little. The impact is three things, Bitcoin price rises, its volatility decreases because investors rearrange their deposits, and increase because Bitcoin becoming a safe heaven asset.

[randon]

Virtual currency like bitcoin have the potential to be a place for money laundering and terrorism financing, because the transfer mechanism does not pass through formal institutions. Until now, there is no government regulation regarding bitcoin trading, this condition can increasing user exposure to financial losses.

There is no official institutions take responsible about all bitcoin problem. If you want to invest in bitcoin, you should only use less amount to avoid big losses. bitcoin balance in your wallet can be stolen by hackers.

Crypto assets have the potential for financial crime (fraud), security breaches and failure.

[yuyul]

many people invest in bitcoin simply by buying and holding the cryptocurrency. these are the people that believe in bitcoin's long-term prosperity, and see any volatility in the short term as little more than a blip on a long journey. it's important to realize that bitcoin is a volatile asset for a reason. it is still a relatively young asset.
some of the giants in the bitcoin world also own significant amounts of the cryptocurrency, meaning that they can move the price relatively easily by trading large amounts in a short period, then you can lose much money in shortime.
please... don't invest more than you can afford to lose. It is considered a very high-risk investment,

[axist]

people are desperate for anything that can bring them instant wealth, but bitcoin is very risky investments because the technology is new and unproven. bitcoin price is very volatile and traders who have small capital should avoid this crypto. bitcoin can't be used as a long-term investment and is only temporary.
so, you should only buy bitcoin if price is low and sell if price is high.
many people became rich through bitcoin in 2018, after 2019 more people went bankrupt suddenly because bitcoin.

[jellybelly2017]

Bitcoin is digital currency that's the Great Opportunity to invest

1st Thing is Business Mind and introduction about Bitcoin

Bitcoin was made in 2008 by an individual or people utilizing the pen name Satoshi Nakamoto. Nakamoto purportedly distributed the verification of idea for bitcoin in a cryptographic money mailing list prior to leaving the task to different designers the digital money network has a few hypotheses about character, however, they stay unsubstantiated right up till today

2nd Thing is How we sell or buy Bitcoin and where also:

you’re investing in Bitcoin, it’s critical for you to learn the procedure of buying and selling it. By acknowledging the nuts and bolts, you can envision what will certainly occur along the process of the investment. Start by searching for the simplest and most secure stages for purchasing Bitcoins. Make sure the one you discover offers broadened leverages, alongside virtual preparing programs look for a platform that is equipped for tolerating different sorts of cryptographic forms of money.

3rd Thing is How we safe from Plenty and Scammers


The technology has advanced a lot and hackers have been taking advantage of it. With the assistance of modern developments, prominent trade stages for Bitcoin and different cryptographic forms of money can be vulnerable to hacking thus, your whole assets may lose all sense of direction shortly, regardless of whether you utilize the most secure and most solid passwords, sometimes this security may also get unable to fight for your account against hackers In this way, to play it safe consistently, be cautious with what you contribute and abstain from making a vast exchange utilizing bitcoin stocks. Moreover, in the event that you would prefer not to make a robust bet soon, do not leave your Bitcoin for a while in the wallet.