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Topic: 10 main mistakes of Bitcoin newbies - page 17. (Read 20901 times)

sr. member
Activity: 434
Merit: 250
March 03, 2017, 11:53:15 AM
I guess the fastest way for a bitcoin newbie to earn bitcoin are the following:

• Start participating to Bitcointalk forum, aim for good forum posting and nice forum post count. Once you achieve "Member" or "Full Member" look for a good signature campaign, and start earning Bitcoin.
• If you have a talent, or good in writing, then do freelancing! Post your service campaign to "Services" section of this forum. And earn Bitcoin money.
• Learn how to trade bitcoin. Trade with caution and do it wisely. This would make your Bitcoin money to double or triple.

My 2 cents Wink


I totally agree with you, For newbies or even to expert in bitcoin. These are the basic ways to earn some bitcoin here. or out of bitcointalk.
Newbie, they can grow their accounts and enrolling into a signature campaign. With skills you can do freelance as you said or offer some service or maybe trade some goods here.
For expert, signature campaign is not enought. Many members here have their ways to earn bitcoin, by trading or gambling or anything else.
sr. member
Activity: 1372
Merit: 255
March 03, 2017, 10:41:34 AM
I guess the fastest way for a bitcoin newbie to earn bitcoin are the following:

• Start participating to Bitcointalk forum, aim for good forum posting and nice forum post count. Once you achieve "Member" or "Full Member" look for a good signature campaign, and start earning Bitcoin.
• If you have a talent, or good in writing, then do freelancing! Post your service campaign to "Services" section of this forum. And earn Bitcoin money.
• Learn how to trade bitcoin. Trade with caution and do it wisely. This would make your Bitcoin money to double or triple.

My 2 cents Wink

legendary
Activity: 1918
Merit: 1012
★Nitrogensports.eu★
March 03, 2017, 10:32:13 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 is true. But if a person reads up about Bitcoin before actually using it, then he can avoid these mistakes.
Better to learn from the mistakes of others, rather than learning from your own mistakes.
hero member
Activity: 840
Merit: 502
March 02, 2017, 08:56:40 PM
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.
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
March 02, 2017, 11:17:49 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 article, in first point many people still do that, using online wallet or exchange wallet to store big Bitcoin amount and losing all their balance when the website get hacked. This article will help many newbies in Bitcoin world when they want to learn about Bitcoin.
legendary
Activity: 3038
Merit: 1169
March 02, 2017, 09:50:07 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/

Well some people are really making fun of the mistakes the newbies are doing and I think that article was a 50/50 help and annoyance to them technically speaking instead of making fun on the newbies that are making mistakes we as seniors should be the one who will support and make a good influence for them, we are once a newbie ourselves and a little respect and helping hand can help in this bitcoin community.
You are correct, but at the same time, we need to remind them they also have a responsibility to conduct themselves in the right way, I have seen many newbies and higher ranks, doing stuff that is forbidden in the rules of the forum when confronted about it, they say they did not read the rules, so a minimum should be expected from the members of this forum.

Well I think the number of newbie right now are just only alt accounts that is why even if they seems like a legit newbie they are not really a newbie, there are some newbies that only have 1 post count then putting a thread that are made by a senior member, it seems that they had known a lot about bitcoin already well, and there are some that highly unlikely to just make a multi account then commits stuffs that are forbidden and break the rules in this forum we should take responsibility ourselves in making somethings like this and take action whether we can for the bitcoin community!
hero member
Activity: 1316
Merit: 561
Leading Crypto Sports Betting & Casino Platform
March 02, 2017, 09:36:46 AM
I wish I had known about these things when I was a newbie, but anyways, it's a very helpful and coherent article, which I think should be recommended to many newbies out there struggling in the bitcoin world. This also reminds me of the time when I first knew about bitcoin, so full of excitement but so innocent Grin I totally remember the faucets thing, like I spent hours and hours on these sites and got like $5 dollars of bitcoin after many days Grin
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
March 02, 2017, 08:31:47 AM
I think the biggest mistake of Bitcoin newbies is trying to get Bitcoin by following the easy, and at the same time unproductive paths. Many users go straight to faucets or cloud mining, and I think this can cause a great loss of time and money for people who are starting.

We aren't talking about biggest mistake of newbies here mate but with the main ones. But I do consider that newbies has the same mistake by thinking that HYIP's and cloud mining as a legit one. And most of those newbies doesn't want to work harder and they just want to invest and earn bitcoins by thinking to invest there.
I can vouch your statement is right because when I was a newbie I think HYIPs will give me a fortune with their big return of investment, I only woke up when I lost my investment due to some sites I invested my money with stop paying their investors. Later, I made a deep research and realize that there are a lot of warnings already from this forum about avoiding HYIPs and now I am more matured and still happy my experience brought me to what I am now.

It is popular I guess up to know because I did experience that and I even thought that HYIP's will give me financial freedom and it will be a good source. But in the end all of my hopes ended up with the truth. The truth that they are real scams and you will not gain anything from them, instead you will lose everything if you did so.
hero member
Activity: 2520
Merit: 568
Payment Gateway Allows Recurring Payments
March 01, 2017, 10:09:27 PM
Quite a good article and it looks like it's not just only 10 common / main mistake of bitcoin newbies. I wanted to add that I've seeing this throughout the forum that newbies are asking "how to earn big", "how to earn without investing" it's commonly seen throughout the whole forum. By the way, I went through with that feeling too.
If you do understand all the list its already mentioned about "how to earn big" aims of a newbie and i do accept too that i was thinking the same thing too when i was a newbie way back then. Yes,its really a good article and should really be read by newbies.

Don't take it literally, since newbies are taking that literally and I'm doing it when I was still a new one. Though there are other common mistakes that newbies are making but it wasn't mentioned. The article is good and I didn't thought about this before. Kudos to the author and good thing that there where like this thread that can guide newbies.
sr. member
Activity: 305
Merit: 250
March 01, 2017, 02:54:29 PM
What you say is true I am with you. I hope that I avoid this 10 mistakes.
hero member
Activity: 840
Merit: 502
March 01, 2017, 01:42:15 PM
#99
Hi, with price soaring and newbies joining I found useful sharing this miniguide.
Hope this is appreciated

http://immutable.today/10-mistakes-bitcoin-newbies/
Two of the biggest mistake I did back in my newbie days was to firstly think that bitcoin is truly anonymous it took me quite a bit of time to understand that a tx can be easily traced back using blockchain. And secondly using an online wallet, I used blockchain.info for quite a long, since blockchain.info was comparatively safer than coinbase and gave me access to private keys I didn't bother to change it until I had over 1 BTC. 
Using an online wallet is not a mistake, the problem is that some decide to store large amounts of bitcoin there and then they get angry if they are hacked, using a web wallet as a hot wallet it is fine but keep most of your bitcoin on cold storage.
sr. member
Activity: 406
Merit: 252
Veni, Vidi, Vici
March 01, 2017, 10:08:27 AM
#98
I really enjoyed the article because has not many technical jargon and the writing style of the text is lighthearted with various funny words and expressions so the newcomers do not disappointing  and abandon the idea of bitcoin before they really start to use it. On the other side is useful and maybe not only for newbies but some paragraphs are for the more experienced ones. That is, speaking about trading I did not know that newbies start to trade cryptos in an early stage of their involvement with cryptos and without any experience not only with bitcoins but with alts, too.
sr. member
Activity: 546
Merit: 255
March 01, 2017, 09:56:45 AM
#97
Like I don't know 10 main mistake but few which I had done when I was a newbie.
The first and the most important thing was that I used to not read other posts before posting which lead to me irreverent topics.
Then later on I understood what constructive posts meant. This helped me enroll in Campaigns.
Then if you are involved in trading I would like to aware you about scammers.
First of all see their trust rating. Something written in red means it's a negative trust and you should not trust that person.
Trading with positive trust people is always a recommended option.
And the final mistake which they do is that they make the account and find it boring and then stop it. If they continue to post and keep themselves busy by enrolling themselves in Campaigns they can earn as well as seek some knowledge.
legendary
Activity: 1386
Merit: 1058
March 01, 2017, 06:30:27 AM
#96
yes its not new matter that newbie makes mistakes. and yes mistake is not a mistake when we learn from that instead mistakes are the lifting force that helps us to scale even higher. but well mistake in financial mater is something different as we loss our hard earned money.
It will not be a big thing when you are coming across a mistake for the first time but it will become me a very big issues when you are keep on repeating same mistake. When you are capable of learning out of your mistakes, you will never repeat the same mistake as well you will avoid similar kind of situations too.

mistake in financial mater is something different as we loss our hard earned money.
Most of the mistakes will be leading to financial losses and very rarely some mistakes end up in loss of time or energy. But when you are considering time is money then it is again a finaicial loss only.
hero member
Activity: 882
Merit: 500
March 01, 2017, 02:41:08 AM
#95
yes its not new matter that newbie makes mistakes. and yes mistake is not a mistake when we learn from that instead mistakes are the lifting force that helps us to scale even higher. but well mistake in financial mater is something different as we loss our hard earned money.
Since I never made small mistake in the bitcoin . I made my mistake first time in the yobit.net where I bought some blry and waited for 5 days increase but it didn't increases and finally I got frustrated and I sold them at 30-40% loss .
But with this mistake I learnt that in trading we need patience to make more profit .
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
March 01, 2017, 01:01:11 AM
#94
That link was very helpful even to me. I'm in bitcoin world for about a year, but still don't know everything about it's technology. I think this information can be good to hear for all newbies and not only.

not just for newbies but i guess its very useful to for every people because this is good article. i am the same as you which is don't know much about the technology especially with new technology. maybe with this article, i can search more article and read and who knows i can get more information about the latest update of technology.
hero member
Activity: 2814
Merit: 576
February 28, 2017, 11:25:08 PM
#93
I think the biggest mistake of Bitcoin newbies is trying to get Bitcoin by following the easy, and at the same time unproductive paths. Many users go straight to faucets or cloud mining, and I think this can cause a great loss of time and money for people who are starting.

We aren't talking about biggest mistake of newbies here mate but with the main ones. But I do consider that newbies has the same mistake by thinking that HYIP's and cloud mining as a legit one. And most of those newbies doesn't want to work harder and they just want to invest and earn bitcoins by thinking to invest there.
I can vouch your statement is right because when I was a newbie I think HYIPs will give me a fortune with their big return of investment, I only woke up when I lost my investment due to some sites I invested my money with stop paying their investors. Later, I made a deep research and realize that there are a lot of warnings already from this forum about avoiding HYIPs and now I am more matured and still happy my experience brought me to what I am now.
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
February 28, 2017, 11:23:04 PM
#92
Quite a good article and it looks like it's not just only 10 common / main mistake of bitcoin newbies. I wanted to add that I've seeing this throughout the forum that newbies are asking "how to earn big", "how to earn without investing" it's commonly seen throughout the whole forum. By the way, I went through with that feeling too.
If you do understand all the list its already mentioned about "how to earn big" aims of a newbie and i do accept too that i was thinking the same thing too when i was a newbie way back then. Yes,its really a good article and should really be read by newbies.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
February 28, 2017, 11:14:39 PM
#91
I think the biggest mistake of Bitcoin newbies is trying to get Bitcoin by following the easy, and at the same time unproductive paths. Many users go straight to faucets or cloud mining, and I think this can cause a great loss of time and money for people who are starting.

We aren't talking about biggest mistake of newbies here mate but with the main ones. But I do consider that newbies has the same mistake by thinking that HYIP's and cloud mining as a legit one. And most of those newbies doesn't want to work harder and they just want to invest and earn bitcoins by thinking to invest there.
hero member
Activity: 588
Merit: 500
February 28, 2017, 11:08:43 PM
#90
That link was very helpful even to me. I'm in bitcoin world for about a year, but still don't know everything about it's technology. I think this information can be good to hear for all newbies and not only.
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