This just happened recently on facebook. One of my friend (newbie) in crypto told me that the price is moving down.
And he was afraid to sell it at that price so he messaged me and ask me if there's no need to panic.
That's one of a common mistake that newbies are committing, when the price gets lower their heart is becoming weak.
Topic: 10 main mistakes of Bitcoin newbies - page 7. (Read 20901 times)
The worst mistakes newbies make are usually related to issues with sending/receiving and addresses, as well as forgetting password or not recording seeds, making backups. These are the things the older trader do by default but thinking about them is harder for the newbies.
Hi, with price soaring and newbies joining I found useful sharing this miniguide.
Hope this is appreciated
http://immutable.today/10-mistakes-bitcoin-newbies/
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
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Maybe the first mistake is wrong word for newbie, Many newbie bitcoin finally get scammed by bitcoin based scam / hyip / ponzi / doubler.
I can relate to this, newbie often scammed by this kind of shitty money game because they're getting blinded with what those have offered. Even many of people I know had already been scammed by those things. Especially by the Ponzi which entitling as cloud miner, and even there's also some faucet that turning out to be a scam, that's just awkward. Maybe the first mistake is wrong word for newbie, Many newbie bitcoin finally get scammed by bitcoin based scam / hyip / ponzi / doubler.
In the way you wrote it newbie have a double meaning. First is bitcoin newbie, a person that doesn't have experience with bitcoin, he is first time here and he is learning his first steps.
Other newbies are new, in most cases alt profile's made to scams people on various ways. Also this newbies are spreading their lies and they luring people into their hyip,ponzi or doubler schemes.
My question is the same like before when will people learn to not trust in anything that sounds too good to be truth, nothing comes easy.
Some people can learn very fast to don't invest in scam schemes, but others will continue trying until they have spent their last satoshi. People believed in those scam schemes in Crypto-Currency world because they thought it was different from real world investments, that Bitcoin was a magical currency able to provide easy profit for smart guys (the scammers in businessmen skin).
After few investments these people could see there isn't easy money, even in Bitcoin businesses, so they stopped investing on it, but other people, continue trying their luck, trying to enter earlier in a scheme to have advantages. This second group will lose all their money.
Hi, with price soaring and newbies joining I found useful sharing this miniguide.
Hope this is appreciated
http://immutable.today/10-mistakes-bitcoin-newbies/
Hope this is appreciated
http://immutable.today/10-mistakes-bitcoin-newbies/
I have a friend who has over 3 years of experience with bitcoin and some of the advices on the posts I knew them already and were also similar to the ones he told me. Good post
Maybe the first mistake is wrong word for newbie, Many newbie bitcoin finally get scammed by bitcoin based scam / hyip / ponzi / doubler.
Yes, newbies are still learn about bitcoin world. They have to keep active in this forum to get a lot of information. The mistake that newbies usually do is afraid when bitcoin price down then they sell it. Bitcoin is volatile so do not worry when bitcoin price down because the price will go up again. 
Maybe the first mistake is wrong word for newbie, Many newbie bitcoin finally get scammed by bitcoin based scam / hyip / ponzi / doubler.
In the way you wrote it newbie have a double meaning. First is bitcoin newbie, a person that doesn't have experience with bitcoin, he is first time here and he is learning his first steps.
Other newbies are new, in most cases alt profile's made to scams people on various ways. Also this newbies are spreading their lies and they luring people into their hyip,ponzi or doubler schemes.
My question is the same like before when will people learn to not trust in anything that sounds too good to be truth, nothing comes easy.
Maybe the first mistake is wrong word for newbie, Many newbie bitcoin finally get scammed by bitcoin based scam / hyip / ponzi / doubler.
Time goes, newbies mistakes stays the same on different markets. But the article needs correction right now, liquidity is much higher now, but still is not that high (49 billion right now vs 15 bln in this article)
Yes to really good article it made me to remember those days I was doing mistake as a newbie I wish I could have found this article in that time. But these article not covered low transaction time so that user get panic for transaction time
There will always be gullible people as the userbase expands.
Main common mistakes are listed below:
-Sharing the private key to the others.
-Forgetting the private key.
-Using online wallets.
I don’t know about using an online wallet a mistake, I mean we all started using online wallets because they are the first thing that we need to earn bitcoin, as a newbie using offline wallets seemed way too complicated for me, and the thought that if my pc gets hacked or stops working made me chose the online wallets over the desktop ones because, they are easier to use and your coins are always safe.-Sharing the private key to the others.
-Forgetting the private key.
-Using online wallets.
While using online wallets, there will be no chances of mentioned other two problems which are dealing with privatekeys as most of the online wallets not letting access to privatekeys.
Indeed effort to get bitcoin for free is certainly not easy if not supported with ability and knowledge in field of bitcoin, because sometimes we often find some sites are just scamm and of course this will waste a lot of our time, maybe with this forum can help for newbie To gain knowledge on how to get the appropriate bitcoin in the expectation.
Newbies need to perfect in all aspects of bitcoin to skip from the mistakes on bitcoin investments and earning methods. When I was a newbie, to say I was member rank guy that time. I thought to sell LBC data in digital goods. I forgot to use escrow. He just scammed me in that trade. I wasted 0.04 btc in that trade.
Overall pretty good list but I don't think they all apply to noobs. I don't see noobs suddenly deciding to daytrade.
Personally, the costly mistake for me was falling for the amount and level of fud in exchange trollboxes, its just ridiculous. But then again, when you're a new to something, there are costly mistakes along the way sometimes.
Indeed effort to get bitcoin for free is certainly not easy if not supported with ability and knowledge in field of bitcoin, because sometimes we often find some sites are just scamm and of course this will waste a lot of our time, maybe with this forum can help for newbie To gain knowledge on how to get the appropriate bitcoin in the expectation.
Newbies need to perfect in all aspects of bitcoin to skip from the mistakes on bitcoin investments and earning methods. When I was a newbie, to say I was member rank guy that time. I thought to sell LBC data in digital goods. I forgot to use escrow. He just scammed me in that trade. I wasted 0.04 btc in that trade.
I believe the most newbies started with faucet, till they learn and understand better the crypto world. The crypto world is something that will require information, and well those can be manipulated as well the market, the fact is crypto is stable and very volatil, with a huge potencial of returns as well loss, almost the same as forex.
Indeed effort to get bitcoin for free is certainly not easy if not supported with ability and knowledge in field of bitcoin, because sometimes we often find some sites are just scamm and of course this will waste a lot of our time, maybe with this forum can help for newbie To gain knowledge on how to get the appropriate bitcoin in the expectation.
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Hi, with price soaring and newbies joining I found useful sharing this miniguide.
Hope this is appreciated
http://immutable.today/10-mistakes-bitcoin-newbies/
Thank you for sharing but following the HYPE especially in shit program is the first big mistake many follow it . Hope this is appreciated
http://immutable.today/10-mistakes-bitcoin-newbies/
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