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Topic: 10 main mistakes of Bitcoin newbies - page 16. (Read 20931 times)

newbie
Activity: 25
Merit: 0
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.
newbie
Activity: 24
Merit: 0
March 12, 2017, 03:48:03 AM
It is really very useful and helpful post as well. You have mentioned that mistakes are done by the Bitcoin newbies. But i think it is not right. Mistakes can be done by anyone. And people learn from mistakes. So as you have mentioned many useful point regarding to mistakes of bitcoins, i think it is going to be very useful for all the members here.
Personally it helped me a lot for understanding bitcoin from a new way. Thanks bro for your valuable article.
hero member
Activity: 868
Merit: 504
March 10, 2017, 06:47:03 AM
Wow that part about mining is really eye opening. Most Information online about mining are indeed disgraceful. People just lie for the fun of lying? I still prefer to be poor than be a crook.

Great article bro.


mining scam now become an arena for some bad people because many hyip sites and ponzi claiming to be a mining investment so that they can get a lot of users and deceived newbie very easily deceived
Long back itself the same has been taking place. Ponzi schemes and scam websites easily trap newbies. They believe that through bitcoin we can earn in a short term. The same mindset makes them easily accept the HYIP and invest big. The reality will be understood by them once they loss it.

Well some mistake will be certainly be make by some newbies and even if they are not new to bitcoin they can certainly make mistakes I think it is best to read more about certain knowledge here in the forum ask for help, I really think that most people here are kind and helping with newbies that is why put that in you daily things to do and in no time you would learn much for the benefit in earning BTC.
Investing in hyip's or connecting any Ponzi scheme's website certainly one of the most common mistake of a newbie because they have not certainly good knowledge about investment models and working tendency to get profit. And yes, reality is different understood by losing it.
legendary
Activity: 3038
Merit: 1169
March 10, 2017, 06:20:30 AM
Wow that part about mining is really eye opening. Most Information online about mining are indeed disgraceful. People just lie for the fun of lying? I still prefer to be poor than be a crook.

Great article bro.


mining scam now become an arena for some bad people because many hyip sites and ponzi claiming to be a mining investment so that they can get a lot of users and deceived newbie very easily deceived
Long back itself the same has been taking place. Ponzi schemes and scam websites easily trap newbies. They believe that through bitcoin we can earn in a short term. The same mindset makes them easily accept the HYIP and invest big. The reality will be understood by them once they loss it.

Well some mistake will be certainly be make by some newbies and even if they are not new to bitcoin they can certainly make mistakes I think it is best to read more about certain knowledge here in the forum ask for help, I really think that most people here are kind and helping with newbies that is why put that in you daily things to do and in no time you would learn much for the benefit in earning BTC.
hero member
Activity: 994
Merit: 502
March 10, 2017, 01:31:27 AM
Wow that part about mining is really eye opening. Most Information online about mining are indeed disgraceful. People just lie for the fun of lying? I still prefer to be poor than be a crook.

Great article bro.


mining scam now become an arena for some bad people because many hyip sites and ponzi claiming to be a mining investment so that they can get a lot of users and deceived newbie very easily deceived
Long back itself the same has been taking place. Ponzi schemes and scam websites easily trap newbies. They believe that through bitcoin we can earn in a short term. The same mindset makes them easily accept the HYIP and invest big. The reality will be understood by them once they loss it.
sr. member
Activity: 476
Merit: 250
March 10, 2017, 01:20:07 AM
Wow that part about mining is really eye opening. Most Information online about mining are indeed disgraceful. People just lie for the fun of lying? I still prefer to be poor than be a crook.

Great article bro.


mining scam now become an arena for some bad people because many hyip sites and ponzi claiming to be a mining investment so that they can get a lot of users and deceived newbie very easily deceived
hero member
Activity: 1092
Merit: 501
March 10, 2017, 12:54:30 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/

Your statement was true and correct, but there something which I like to add, by making mistake for the record, all of us here in this forum can make a mistakes its just came only that those wrong deeds most often came from the newbies, but its okay the important is we learn form our mistakes.
Ucy
sr. member
Activity: 2674
Merit: 403
Compare rates on different exchanges & swap.
March 05, 2017, 07:11:08 AM
But you are such a pessimist. Article too one-sided but honest
Ucy
sr. member
Activity: 2674
Merit: 403
Compare rates on different exchanges & swap.
March 05, 2017, 06:46:50 AM
Wow that part about mining is really eye opening. Most Information online about mining are indeed disgraceful. People just lie for the fun of lying? I still prefer to be poor than be a crook.

Great article bro.

legendary
Activity: 924
Merit: 1006
March 04, 2017, 10:09:27 AM
It's good for newbie guideline, I'm can add my additional explanation on my local thread in order to prevent any bad or unwanted things
For example : investing on any ponzi scheme

Most of the mistakes are caused by ignorance, and I cant blame anyone who has the anxiousness to earn money quickly. Most bitcoin expert were anxious at the beginning, they learn patience with time. Everyone will not continue to be newbie and everyone should keep learning something new almost every time on bitcoin and blockchain technology. The faucet idea was so faulted as waste of time just like friend said about his experience with bitcoin

Experience is the best teacher , when they know their mistake and the consequence , they will learn until they advanced to the next level
sr. member
Activity: 672
Merit: 250
March 04, 2017, 10:04:46 AM
That article was quite helpful not only for newbies but for veterans also it educates readers the pros and cons on how a crypto-currency works.
Basically when starting on a business you need some knowledge first to avoid regrets in the future so you need to research and study the type of business your going to do and when your ready, Try it cause what's the point of all that researching if you dont have any experience.
Trial and error is completely normal when your only a beginner.
If you are a newbie the common mistake you can do is spending your bitcoin on gambling. Because like me and most of people try bitcoin for gambling because they knew it is the faster way to earn more. But if you try gambling it is to risky and not worth it. If you are not a newbie its better to try forum and do signature campaign rather than to gamble. Dont consider gambling at first place and start reading in forum to gain knowledge about bitcoin inorder to help you to earn bitcoin.
hero member
Activity: 2464
Merit: 519
March 04, 2017, 09:29:14 AM
Most of the mistakes are caused by ignorance, and I cant blame anyone who has the anxiousness to earn money quickly. Most bitcoin expert were anxious at the beginning, they learn patience with time. Everyone will not continue to be newbie and everyone should keep learning something new almost every time on bitcoin and blockchain technology. The faucet idea was so faulted as waste of time just like friend said about his experience with bitcoin
hero member
Activity: 1078
Merit: 514
March 04, 2017, 05:45:14 AM
Nice article.. that's happened to me long time ago.
Im look stupid now  Grin
Don't be too hard on yourself, no one is born knowing everything about the world, we learn by experience, sometimes I would like for that to not be the case but that is just the way things are.
That's right when I just heard about bitcoin all this information made pain in my head and seemed hard to understand, but with time I leant bitcoin and continue to do that, so now I can give even some advices to those people who just joined.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
March 04, 2017, 05:42:10 AM
That article is very nice and it can help a lot for the newbies or those users who are just getting started and they don't have no idea on what will happen if they are just trusting their instinct and not reading or studying the bitcoin. I also did those top 10 main mistakes of a newbies and i admit that i hope i already knew those things before i started in bitcoin.
hero member
Activity: 3080
Merit: 603
March 04, 2017, 03:15:15 AM
This is a good pointers for everyone who is new to bitcoin. I have my mistakes during the first time I use bitcoin and the fee it charge me becomes double good thing the live support at the casino help me to reverse it. Another thing the newbies need to know is bitcoin is a currency that its value can go up and go down.

Yes I find it good and bad thing that there isn't something like this before when I was still newbie. And most of those pointers are into me when I was newbie and I did that bad things before. It's funny to see on how I'm kind of ignorant when I was still newbie but we know that many are into it and we can't just blame ourselves.
sr. member
Activity: 334
Merit: 250
March 04, 2017, 04:07:06 AM
Nice article, this will really help newbies to not burn in bitcoin while starting up with it.  This covers the most basic mistake of a new comer of Bitcoin, most of us were not knowledgeable on the transaction fee and the possible closure of an exchange that is holding our coin in an online wallet.  A must read and share to the newbie.

True talk and I agree with you...infacts its a must read..and share...
legendary
Activity: 1120
Merit: 1000
March 04, 2017, 03:05:44 AM
Nice article.. that's happened to me long time ago.
Im look stupid now  Grin
Don't be too hard on yourself, no one is born knowing everything about the world, we learn by experience, sometimes I would like for that to not be the case but that is just the way things are.
yes that is right to say that practice make man perfect. experience is the key to success and experience can only be gain through spending time in a relevant field. if a person has good experience in his field then it is very easy for him to make money from there. and if he do ot have any experience then he will certainly feel difficult to show effective result. so i think if we want to be more effective in our field so we need to get experience first.
sr. member
Activity: 266
Merit: 250
Sound. Fury. Signifying.
March 04, 2017, 02:08:54 AM
#11 sending transactions directly from exchange wallets, especially for things like ICOs where you need to be able to prove wallet/address ownership.
newbie
Activity: 8
Merit: 0
March 03, 2017, 11:28:58 PM
This is a good pointers for everyone who is new to bitcoin. I have my mistakes during the first time I use bitcoin and the fee it charge me becomes double good thing the live support at the casino help me to reverse it. Another thing the newbies need to know is bitcoin is a currency that its value can go up and go down.
sr. member
Activity: 784
Merit: 250
March 03, 2017, 09:48:31 PM
That article was quite helpful not only for newbies but for veterans also it educates readers the pros and cons on how a crypto-currency works.
Basically when starting on a business you need some knowledge first to avoid regrets in the future so you need to research and study the type of business your going to do and when your ready, Try it cause what's the point of all that researching if you dont have any experience.
Trial and error is completely normal when your only a beginner.

actually, this things will always be a reminders to anyone here even your not a newbie anymore, you can always read this as an old member in this thread to refresh our memories about the proper ways to start all over again.
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