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Topic: 10 main mistakes of Bitcoin newbies - page 22. (Read 20901 times)

sr. member
Activity: 756
Merit: 251
Sovryn - 300-500% APY on USDT Deposit
February 26, 2017, 11:25:55 AM
#9
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.
sr. member
Activity: 1400
Merit: 269
February 26, 2017, 11:12:47 AM
#8
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.
member
Activity: 98
Merit: 10
February 26, 2017, 10:19:42 AM
#7
Hi, with price soaring and newbies joining I found useful sharing this miniguide.
Hope this is appreciated

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

I think not only newbies made mistakes about you've mentioned above but also the users in higher ranks. Even though they are in higher ranks but still they made mistakes. But as you shared this kind of idea well maybe it can be prevented by all users in bitcoin. And it only depends to the users if they want to made that things even they already know what's the result of it
legendary
Activity: 1596
Merit: 1005
★Nitrogensports.eu★
February 26, 2017, 10:09:14 AM
#6
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
Many wallets has automatic fee functionality. But nowadays even transaction backed by hefty fee (120 satoshi per byte or even more) can get stuck in the Mempool.

That article was actually quite nice, covered some basic information pretty well. Definitely recommend for any bitcoin newbie.
Of course you can add another 10 basic rules and bitcoin tips, but it is still solid ground to start off your bitcoin journey.
hero member
Activity: 602
Merit: 500
February 26, 2017, 10:04:14 AM
#5
Hi, with price soaring and newbies joining I found useful sharing this miniguide.
Hope this is appreciated

http://immutable.today/10-mistakes-bitcoin-newbies/
Nice and well thought out piece of writing.
Some of the mistakes you mentioned are not limited to bitcoin newbies but even pro make these mistakes like Trading any random Altcoin or buying at sudden price rise.
Anyway I appreciate your efforts in putting this up and hope nobody make these mistakes Smiley
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
February 26, 2017, 09:50:46 AM
#4
Hi, with price soaring and newbies joining I found useful sharing this miniguide.
Hope this is appreciated

http://immutable.today/10-mistakes-bitcoin-newbies/
find good to read about it but still there are some better thing should be added like earning ways of bitcoin in every legit style and also some precautions to start your opeenning in the bitcoin work as an newbie .
sr. member
Activity: 336
Merit: 250
February 26, 2017, 09:42:08 AM
#3
Hi, with price soaring and newbies joining I found useful sharing this miniguide.
Hope this is appreciated

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

Wow! this is one great site for newbies Cheesy it has a explanation on what not to do and what to do Cheesy its certainly amazing i read it and its new to me too i learn so much things in reading the site. My rank is big but i have not enough knowledge on bitcoin and some of it i have did when i was a newbie >.< i really got shocked on reading it all and what i did really but also i learned that i haven't learned when i was here in this forum Cheesy i really appreciate the site Smiley Thank you Cheesy
hero member
Activity: 700
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
February 26, 2017, 08:13:04 AM
#2
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
newbie
Activity: 6
Merit: 0
February 26, 2017, 07:49:34 AM
#1
Hi, with price soaring and newbies joining I found useful sharing this miniguide.
Hope this is appreciated

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