Don’t waste your time on speculation - learn how it works first. There are loads of information about Bitcoin online, use it for your own advantages.
Be cautious, there will be high risks. If you decided to take part in the Bitcoin rally, you need to be prepared for the risks involved.
Keep in mind the extreme volatility of Bitcoin. There is really not much that can be compared with it, so avoid transferring huge amounts of your personal funds in it, especially if you are just learning how to deal with it.
Pick up a strategy that goes really well with it. Nowadays, the absolute majority of Bitcoin traders prefer to use Dollar Cost Averaging or just hold to their invest till death set them apart (it’s actually called ‘hodl’).
Diversify your investments effectively and don’t put all of your eggs in one basket. There can’t be too much risk management.
Stay ahead of the game (and the rest of the world). Follow the news and discuss the latest trends with other members of the community. Start thinking Bitcoin.
Manage your Bitcoins safely and avoid hackers. There is a lot of hype around it and, unfortunately, it makes it vulnerable. Stay safe!