10 main mistakes of Bitcoin newbies - page 14.

poetra2501

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Quote from: geopolisch on March 27, 2017, 12:20:55 AM

Quote from: Kotone on March 26, 2017, 10:26:55 AM

Quote from: d.adabit on February 26, 2017, 07:49:34 AM

Hi, with price soaring and newbies joining I found useful sharing this miniguide.
Hope this is appreciated

http://immutable.today/10-mistakes-bitcoin-newbies/

Not all in there are true there are times that commonly mistake of newbies they will learned from that mistake while they having a good experience encountering their mistakes. Like what i did when im newbie

The only mistake that I can think off, is giving up, I personally though bitcoin was a cool idea at first and was exited to learn more about it, but when I came to the part where I wanted to earn the only thing that I have found were faucets that don’t pay that much and this was like back in 2010 when bitcoin was still a fresh thing, so Imagine if I kept searching for a way I would have got so much bitcoin right now.

The first mistake of beginners in bitcoin is their view about Bitcoin. They often assume that
this cryptocurrency (Bitcoin) is a scam. Yeah, when I first know about bitcoin I'm also like it.
Because I know of bitcoin from the MMMG. After I joined this forum I'm will be know that Bitcoin is a Cryptocurrency.

steampunkz

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I have some ideas why newbies makes mistakes in bitcoin, In my experienced when I learned bitcoins is great, I am easily being greedy to earn so when someone offer's me a high income bitcoin I fall for that, then it became scam.. Some newbies are likely want to earn free without investing, like going to bitcoin faucets paid to click's free offers, But then they are wasting there time there, It most likely the owner of the faucets earn more if you view their advertisement or been click. I think today I'm still newbie for some reason i get scam again and again.

carlfebz2

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Quote from: geopolisch on March 27, 2017, 12:20:55 AM

Quote from: Kotone on March 26, 2017, 10:26:55 AM

Quote from: d.adabit on February 26, 2017, 07:49:34 AM

Hi, with price soaring and newbies joining I found useful sharing this miniguide.
Hope this is appreciated

http://immutable.today/10-mistakes-bitcoin-newbies/

Not all in there are true there are times that commonly mistake of newbies they will learned from that mistake while they having a good experience encountering their mistakes. Like what i did when im newbie

The only mistake that I can think off, is giving up, I personally though bitcoin was a cool idea at first and was exited to learn more about it, but when I came to the part where I wanted to earn the only thing that I have found were faucets that don’t pay that much and this was like back in 2010 when bitcoin was still a fresh thing, so Imagine if I kept searching for a way I would have got so much bitcoin right now.

Persistence on learning about bitcoin would be really needed and as a human its normal for us to search anytime for more better methods or ways on earning more bitcoin.Yes,its very hard from the very start since we are just starting but still okay because we do gradually increases our knowledge which would lead us to more valuable informations to seek out new ways to income.

geopolisch

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Quote from: Kotone on March 26, 2017, 10:26:55 AM

Quote from: d.adabit on February 26, 2017, 07:49:34 AM

Hi, with price soaring and newbies joining I found useful sharing this miniguide.
Hope this is appreciated

http://immutable.today/10-mistakes-bitcoin-newbies/

Not all in there are true there are times that commonly mistake of newbies they will learned from that mistake while they having a good experience encountering their mistakes. Like what i did when im newbie

The only mistake that I can think off, is giving up, I personally though bitcoin was a cool idea at first and was exited to learn more about it, but when I came to the part where I wanted to earn the only thing that I have found were faucets that don’t pay that much and this was like back in 2010 when bitcoin was still a fresh thing, so Imagine if I kept searching for a way I would have got so much bitcoin right now.

Kotone

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Quote from: d.adabit on February 26, 2017, 07:49:34 AM

Hi, with price soaring and newbies joining I found useful sharing this miniguide.
Hope this is appreciated

http://immutable.today/10-mistakes-bitcoin-newbies/

Not all in there are true there are times that commonly mistake of newbies they will learned from that mistake while they having a good experience encountering their mistakes. Like what i did when im newbie

dothebeats

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[quote author=shamzblueworld link=topic=1805523.msg18339999#msg18339999
So are these bots actually available to buy in the market too? I can imagine them being very profitable if they work.
[/quote]

These bots are for sale of course, and you can make one for yourself in simple code. The thing is, why waste time creating a bot for faucets when you can learn to create bots for trades so that you would be able to get more profits in the long run.

shamzblueworld

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Quote from: d.adabit on February 26, 2017, 07:49:34 AM

Hi, with price soaring and newbies joining I found useful sharing this miniguide.
Hope this is appreciated

http://immutable.today/10-mistakes-bitcoin-newbies/

Good articles for newbies man, nicely put.

Quote from: asdalani on March 26, 2017, 09:01:22 AM

Quote from: loposki on March 18, 2017, 03:14:25 PM

Lovely piece here. Especially about the faucets. There is no bigger waste of time than faucets

Bitcoin Faucets are a nice source of income if the drips are used in a wise manner. I've noticed people building faucet bots that filled in Captcha's automatically and they would just collect the coins that they made and cashout whenever they could.
That's an easy money technique that someone could use on the side without doing much work.
I think that you'd be pretty surprised at the amount of people that are using Bitcoin Faucet bots online.

So are these bots actually available to buy in the market too? I can imagine them being very profitable if they work.

zimmah

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Quote from: SONG GEET on February 26, 2017, 08:13:04 AM

This article have missed to cover about low fee newbies used to put to save cost on payments leading unconfirmed transaction for many hours. That will make them panic about bitcoin and they will start blaming bitcoin network for it and some may even opt out from the idea of using bitcoin again. Grin

Actually bitcoin was never meant to have high fees, that just got introduced recently by Blockstream.

asdalani

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Quote from: loposki on March 18, 2017, 03:14:25 PM

Lovely piece here. Especially about the faucets. There is no bigger waste of time than faucets

Bitcoin Faucets are a nice source of income if the drips are used in a wise manner. I've noticed people building faucet bots that filled in Captcha's automatically and they would just collect the coins that they made and cashout whenever they could.
That's an easy money technique that someone could use on the side without doing much work.
I think that you'd be pretty surprised at the amount of people that are using Bitcoin Faucet bots online.

kidoseagle0312

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Quote from: d.adabit on February 26, 2017, 07:49:34 AM

Hi, with price soaring and newbies joining I found useful sharing this miniguide.
Hope this is appreciated

http://immutable.today/10-mistakes-bitcoin-newbies/

This article was very appreciated particularly for the newbies, I think you gave this things because many of the newbies are being abused here some times, most of the newbies getting losses of money in the beginning. Nice dude, even the old member here in the forum will also got learn from it. God bless you pal

bncbnc

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Quote from: loposki on March 18, 2017, 03:14:25 PM

Lovely piece here. Especially about the faucets. There is no bigger waste of time than faucets

yes that is a fact that one can get a very limited money from faucets, and there it is just the wasting of time. it think the best option is to invest bitcoin in alt coin and make good profit from there in a very very limited time.

wahb

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Quote from: Pattart on March 13, 2017, 05:10:39 AM

Quote from: swtest on March 12, 2017, 03:49:01 AM

Great article for us, I will keep holding instead of short term trading, long term holding is the most profitable thing, we don't need to do anything.

I think hold also need a couple of things you should do before selling make sure that the highest price
so you do not regret it because it is very possible after you sell even price be higher

i think it is too much important for a newbie to have good knowledge about bitcoin and trading if he is interested in bitcoin trading, or want to invest their money in trading alt coins.

loposki

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Lovely piece here. Especially about the faucets. There is no bigger waste of time than faucets

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Quote from: Sniper150 on March 18, 2017, 10:01:43 AM

Quote from: d.adabit on February 26, 2017, 07:49:34 AM

Hi, with price soaring and newbies joining I found useful sharing this miniguide.
Hope this is appreciated

http://immutable.today/10-mistakes-bitcoin-newbies/

Yes of course i agree with that. We need to keep our money safe in our coinbase or in our online wallet because, these is very important thing that we need to do , there are lot of scammers in this forum. So beware of those scammers. 🖐

I'm ever got scam when I invest on golden cow when I knew bitcoin earlier. Try to invest 0.05 and expected return 0.075 in a week but I'm not aware that HYIP/Ponzi are behind of that scene. I

Identify scammer also difficult things for example : reputable escrow Maidak become scammer although he had hundred positive trust

Barbut

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This should read every newbie. I made some of this mistakes, and I has luck cause I made mistakes with very low amounts so that didn't hurt me so badly. Be aware that newbies have two sides, one part of them are really newbies in blockchain technology, others are hidden scammers, and we as community need to be aware of that fact. I had bad situation with reputable member so I know what I'm talking about.

Sniper150

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Quote from: d.adabit on February 26, 2017, 07:49:34 AM

Hi, with price soaring and newbies joining I found useful sharing this miniguide.
Hope this is appreciated

http://immutable.today/10-mistakes-bitcoin-newbies/

Yes of course i agree with that. We need to keep our money safe in our coinbase or in our online wallet because, these is very important thing that we need to do , there are lot of scammers in this forum. So beware of those scammers. 🖐

wuvdoll

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Quote from: KuromaYoichi on February 26, 2017, 11:25:55 AM

The article is good, it's correct on most point newbie want to do especially about faucet and mining bitcoin. When i was new to bitcoin, i thought that 1000 satoshi from faucet is huge, later did i find out that it was not even 0,1 cent. The other thing is mining, i didn't know that the capital you need is not small.

I agree and the article is just fine but here you are wrong mate because when you are new to bitcoins then you look for ways to get some free bitcoins so to know how they work. While yeah I agree most of the newbies have a myth that they can earn a lot with captchas and its "learn with faucets " I guess in reality.

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Quote from: shiunsai on March 13, 2017, 02:58:43 PM

Quote from: bettercrypto on March 13, 2017, 01:49:37 PM

Quote from: Pattart on March 13, 2017, 05:10:39 AM

Quote from: swtest on March 12, 2017, 03:49:01 AM

Great article for us, I will keep holding instead of short term trading, long term holding is the most profitable thing, we don't need to do anything.

I think hold also need a couple of things you should do before selling make sure that the highest price
so you do not regret it because it is very possible after you sell even price be higher

I agree that holding is the best way to get the most out of Bitcoin if you do not know how to daytrade. The only problem here is when to time the highest possible price if you wanted to exit or convert your Bitcoin back to fiat money. But I think a x5 x10 profit is not bad but I guess it really needs a very long time before Bitcon can reach $5,000.

If you are waiting to sell your bitcoins at the price of $5000 then you really need to wait for a long time as we don't know whether it will actually happen or not and if it happens then what would be the exact time to achieve it so if you are looking to make short term profits then its always good to go for altcoin trades where you can take advantage of every pump and dump in order to make good regular profits.

although the bitcoin has the potential to reach to that price, but i think it will take a lot of time. i think it will take decades to reach to that level, because the price of bitcoin is trading in 1235 USD in current time.

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Quote from: bamboylee on March 13, 2017, 09:16:46 AM

Nice guide. For newbies, it is better to stay longer in newbie section and learn as much as you can before engaging in any bitcoin transactions. It will save you from a lot of trouble in the future.

As newbie in Bitcoin I always thinks that I am going to make a great deal of money in faucets I later discovered that earning satoshi from faucets can be time consuming, I later studied learned more information about bitcoins e.g mining,trading,filling capthers offering services all these can increase daily earnings.

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Quote from: bettercrypto on March 13, 2017, 01:49:37 PM

Quote from: Pattart on March 13, 2017, 05:10:39 AM

Quote from: swtest on March 12, 2017, 03:49:01 AM

Great article for us, I will keep holding instead of short term trading, long term holding is the most profitable thing, we don't need to do anything.

I think hold also need a couple of things you should do before selling make sure that the highest price
so you do not regret it because it is very possible after you sell even price be higher

I agree that holding is the best way to get the most out of Bitcoin if you do not know how to daytrade. The only problem here is when to time the highest possible price if you wanted to exit or convert your Bitcoin back to fiat money. But I think a x5 x10 profit is not bad but I guess it really needs a very long time before Bitcon can reach $5,000.

If you are waiting to sell your bitcoins at the price of $5000 then you really need to wait for a long time as we don't know whether it will actually happen or not and if it happens then what would be the exact time to achieve it so if you are looking to make short term profits then its always good to go for altcoin trades where you can take advantage of every pump and dump in order to make good regular profits.

Topic: 10 main mistakes of Bitcoin newbies - page 14. (Read 20901 times)