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1.Understand the Basics

Before diving in make sure you have solid understanding of what Bitcoin is. It's decentralized digital currency that operates on blockchain ledger.

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2.Volatility

Bitcoin's price can be highly volatile. Be prepared for significant price fluctuations, both up and down, in a short period of time.

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3.Do Your Research

Do a lot of research on the cryptocurrency market and Bitcoin. Keep abreast on news and trends since they have a big influence on pricing.

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4.Invest What You Can Afford to Lose

Only invest money you can afford to lose. Cryptocurrency investments come with risk, and it's important not to put your financial stability in jeopardy.

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5.Security is Paramount

Learn how to secure your Bitcoin holding. Use reputable wallets enable two factor authentication, and consider hardware wallets for long term storage.

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6.Diversify Your Portfolio

Do not invest all of your funds in Bitcoin. Spread risk by diversifying your investments over a variety of assets.

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7.Regulatory Considerations

Be aware of the legal and tax regulations surrounding cryptocurrency investments in your country. These rules can vary significantly

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8.Long-Term vs. Short-Term

 Decide whether you are in it for the long haul or for short term gains. Your investment strategy will vary depending on your goals.

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9.Stay Emotionally Detached

Don't let emotions drive your investment decisions. The cryptocurrency market can be emotionally charged and impulsive decisions can lead to losses.

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10.Beware of Scams

The bitcoin industry is full of frauds. Never give out your private keys to anybody, and be wary of promises that sound too good to be true.