I want to invest my bitcoins, how do I start? How should I think about return on investment versus risk? How much do I need to know and how much time do I have to spend? These are questions you need to consider before you invest money and, in this case, bitcoins. We will break a bitcoin investment down to a few particular topics we think is good to consider before making any investment. The first thing you always should keep in your head when you make investments is diversified and be skeptical. With this said it is not always good to diversify too much and be too skeptical. You should choose a few actors in different categories but still you must be able to follow up your investment. You should be skeptical and question the company, but if you are too suspicious and careful, you will find it hard to find good investment opportunities. You find a summary of our strategy below.
Check the history of the company and the site of origin. Check if the owner/owners are known and what they have done before. Compare ROI with similar companies in the same business and don’t be foolish. No company is able to pay double the time as its competitors.
Investment and risks
Consider if the investment type fits you. Is it an active or passive investment? Is the ROI worth the risk? Is it possible to withdraw the initial investment or not?
Support and our experience
Test the support and ask a few questions to them. Evaluate everything such as time to respond, accurate answer, appropriate response, truthful answer and so on. Also, read our section “Our experience” since we have tested most companies we list.
Search engines and forums
Look up the company in search engines and forums. There are so many companies that compete about the bitcoin investors, so you don´t have to chance and choose a company with bad reputation.