$BTC
What investors need to know about Bitcoin:
Do your research: Before investing in Bitcoin, thoroughly study its principles, history, risks, and potential.
Manage risks: Invest only what you are willing to lose. Diversify your portfolio by not putting all your funds into one asset.
Hold or trade? Determine your investment strategy: long-term holding (HODL) or active trading. Each approach has its own advantages and disadvantages.
Storage: Choose a reliable way to store your Bitcoins. Cold wallets (hardware) are considered the safest.
Stay updated: Keep up with the latest news regarding Bitcoin, regulations, and technological developments.
Remember the volatility: Be prepared for significant fluctuations in Bitcoin's price. Do not panic during a drop and do not give in to emotions during a rise.
Consult professionals: If you lack investing experience, seek advice from financial advisors.