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Things you should know before investing in bitcoin

Discussion in 'General Discussion' started by bebars, Jun 10, 2018.

  1. bebars

    bebars Contributor

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    Things you should know before investing in bitcoin

    What everyone wants is to have a stable job and get good savings, the best option is to work the money to get more income for the future and thus have a better quality of life and what better to invest in bitcoin but before you should know certain things about This cryptocurrency.

    it is not regulated: there is no entity that regulates and monitors this type of investment. So you should be aware that if you lose your money, nobody will answer

    Bitcoin is a high-risk investment: people should know that the level of risk is very high, due to volatility and inability to predict its price. "

    Do not get into debt to buy cryptocurrencies: this really should not be done with this or with another investment, if you are going to work your money with extra money you got.

    Do not invest more than you are willing to lose: "it is recommended that you do not invest your savings in this currency; on the contrary, invest 1% of your assets, something that you are really willing to lose".

    Use reliable pages: use safe sites to navigate and also only use reliable devices such as your cell phone, your computer and your home's wireless network. Never use public networks neither to make investments nor for any type of financial consultation.
     
  2. Adriana Lowe

    Adriana Lowe Beginner

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    Great information for those who wants in on bitcoin!
     
  3. MantiJay

    MantiJay Contributor

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    Information is really useful. I am into BTC about 5 years. Since it started crashing from $10000 to $7500 I decided to look for another investment. I came across ico projects reviews on ICO Pulse source. After reading some experts opinions I decided to take a risk. Hope it will work.
     
    Last edited: Jun 14, 2018 at 3:48 AM

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