Watch This Before Investing in Bitcoin

in #bitcoin7 years ago

Investing in bitcoin digital money is now starting to become the people's choice, especially because of its ever-increasing value and ease of transactions.

For those of you who just want to invest, should not just choose a company that provides services Bitcoin transactions. Mis-choosing a company, will cause you to lose a lot of money.

"One of the good corporate characteristics is the big names of investors behind them," said Claristy, Operations and Growth Lead Luno, Bitcoin's wallet application, in Jakarta on Wednesday (9 / 5/2018)

The next step is to look at the management team that controls the company. Composition of a solid team can generate trust for potential customers.

If you are convinced of a company, the next step is to invest. In this case, he recommends setting aside 5 to 10 percent of income to buy Bitcoin.

"Later at the end of the new year it is sold, which is much more measurable for beginners," he added.

Not to forget, he reminded users to keep the Bitcoin wallet account a secret. Although the Bitcoin protocol is designed to be very secure, account password leak is very likely.

"The security of Bitcoin's wallet account is highly user-dependent, so never share your wallet account information," he explained.

Finally, it advises users to always enable two factor authentication. This is done so that Bitcoin wallet accounts get an additional layer of security.