Topic: A lot of newbies buying the wrong coin. Be carefull! - page 11. (Read 2645 times)
Ok, if Roger Ver sell all his bitcoin and convert it to BCASH, maybe I would say that we are buying the wrong Bitcoin. It is easy to say that BCASH is the real bitcoin, butaction speaks louder than words. You may convince yourself that BCASH is the real bitcoin but you have to ask yourself why people don't believe in it.
even people who have been long in trading activities sometime can't decide what good coins to buy, i think it is commonly for newbies and it is good for them. because they can learn something from their mistake
A common mistake for newbies is that, they keep on investing even though they have zero knowledge on that specific coin, and the result is loss. Newbie should be more careful on choosing coins to invest, its hard to do so and better to study first before making decision.
Anyone can buy the wrong coin or fall into the hands of scammers, not only a newcomer. You need to be more careful. The most annoying letters are email and telegram. They look pretty real and talk about some additional or private sales. Imagine how many people fall into these traps.
recently very often come to e-mail letters with different kinds of offers, But I do not even turn over Links, because I do not want to get on the scammer. You need to be watchful and careful.
Anyone can buy the wrong coin or fall into the hands of scammers, not only a newcomer. You need to be more careful. The most annoying letters are email and telegram. They look pretty real and talk about some additional or private sales. Imagine how many people fall into these traps.
Unfortunately, it's not you or I, who can not convince people to buy exactly those coins that we think are right, because every person has a head and he makes a decision and that's right. Because responsibility falls on the person himself.
At August 8, 2017 Bitcoin forked. Now there are two "bitcoins" but just one is what Bitcoin used to be (Bitcoin Cash aka BCH) while the other one is just digital lead (Bitcoin Core aka BTC).
reddit.com/r/btc
If you want to learn more about Bitcoin just follow @Bitcoin on twitter
reddit.com/r/btc
If you want to learn more about Bitcoin just follow @Bitcoin on twitter
Newbies and everyone else who are eyeing to buy or invest should read more carefully and educate themselves in the process.
Thy have to get informed to prevent getting scammed or getting less than bargained for.
So be careful, take it slow.
A lot of newbies are also investing the wrong (scammy) ICOs and I think the cause of this is not doing enough research and not having enough theoretical knowledge.
I bought the BTC, and now I'm a little sorry. It is better to buy other currencies, more promising. Of course, bitcoin will always be on top, it's unlikely that something will turn out to make money on it.
The reason to be careful ıs twofold. One ıs that amateurs enterıng to ınvest ın the cryptomarket are not gaınıng enough knowledge of how the cryptocurrency market operates. The second reason ıs that the cryptocurrency fırms are takıng advantage of thıs fact and launchıng a lot of scams to steal from such amateurs.
Just because they didnt much understand what is cryptocurrency and didnt know how or what is the real and not scam coins because in their mindset they want to earn and earn but they didn't know what is the right coin to buy so the best thing those newbie was more research and read for the additional knowledge in cryptocurrency and some of them was victim of scam.
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A common mistake for newbies is that, they keep on investing even though they have zero knowledge on that specific coin, and the result is loss. Newbie should be more careful on choosing coins to invest, its hard to do so and better to study first before making decision.
Indeed. Most newbies knows nothing about crypto and they buy coins which are crap and made by greedy developers who pump and dump coins on innocent buyers.
even people who have been long in trading activities sometime can't decide what good coins to buy, i think it is commonly for newbies and it is good for them. because they can learn something from their mistake
A common mistake for newbies is that, they keep on investing even though they have zero knowledge on that specific coin, and the result is loss. Newbie should be more careful on choosing coins to invest, its hard to do so and better to study first before making decision.
if ppl can efford being not informed they defentitly can efford buying scum coin
Getting advice or information from those that have experience in crypto investment will reduce this to the nearest minimum. Also, buying coins that have already been established in the market will go a long way in helping us.
This is good info. I think you shouldn't buy if you don't understand crypto. Learn first and then buy.Newbie must study everything about the coin and should be equip with the right information so you will not loose money in the future. Your knowledge is your best power to use for in this risky market even you invest on bitcoin you still need to study further.
we can't forget that most exchanges used btc as a measure of buying and so it depends on how long that lasts. so far only eth is the other alternative on exchanges and that too on binance. this probably makes btc more attractive for newbies.
even people who have been long in trading activities sometime can't decide what good coins to buy, i think it is commonly for newbies and it is good for them. because they can learn something from their mistake
Bitcoins are rising. They see huge profits on it so most people choose it. I think so
Some of the newbies still buying shit coins and I think they will face some losses if they keep on doing that. Newbies should not just think about making money, they should also invest for their learning because that's the only thing that can guide them in this kind of market.
This is true, we that are newbie must seek advice from our senior colleagues before investing in any coin or ICO. There are some new coins offering ICO, before you know it, they would have varnished from market. I have a friend who a wealth of ideals and experience in crypto investment. He is the one I consult whenever I want to by coin, he has been a great help for me. Newbie, invest in the coins that have already been established in the market.
You should listen to seniors sure, but be very aware that no one can do your research for you, and that in crypto no one is to be trusted. Just know that your errors at the end are only yours.
At August 8, 2017 Bitcoin forked. Now there are two "bitcoins" but just one is what Bitcoin used to be (Bitcoin Cash aka BCH) while the other one is just digital lead (Bitcoin Core aka BTC).
reddit.com/r/btc
If you want to learn more about Bitcoin just follow @Bitcoin on twitter
reddit.com/r/btc
If you want to learn more about Bitcoin just follow @Bitcoin on twitter
LOL, the good thing about this is that there is not really a wrong coin. All of them are quite interesting and have good profit expectatives, so even if they miss, they may have a good result.
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