Topic: A lot of newbies buying the wrong coin. Be carefull! - page 4. (Read 2645 times)
Most newcomers add cryptocurrencies, and it's not surprising to buy the wrong coins. At first they are full of curiosity and want to try more kinds of coins. I think it's a good thing, so that it can also learn more coins and know if they have their true meaning. the value of.
We are as a newbie, we must be smart in choosing what 's the coin we choose, we should be selective and read a lot about cryptocurency, if we choose wrong coin we will lose our fund anymore, so becarefull as a newbie
Novice investment is terrible because most of them don't understand the market. It is easy to lose their money.
The first six months to study the market and not rush with bold, risky investments. Over time, the main criteria for successful and profitable investments will become clear.
Except for fork crypto from bitcoin, there are many fake bitcoin in this market. Newbies should learn and beware of it.
Beginners should always remember that now the total number of coins has grown significantly. Therefore it is quite logical that the number of fraudsters has also increased, it is necessary to improve their knowledge.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
I think it's because they cannot search for good information about what the coin that can increase soon, so they only buy a random coin on the market. I think this will make them cannot make a profit and get more loss and I hope that they can analyze first before they buy any coins. besides that, I see that some of them getting attract because of the price is getting a pump in a while, so they think that the price will still increase, so they follow to buy the coin but suddenly, the next second, the price is back to the lower price.
Novices are easily deceived because they don't understand the market, and the lack of knowledge about encryption leads them to choose useless coins or buy them at high prices. I think that learning is the main thing. Investment needs to be cautious.
Yes, when I am a newbie, I also think that many coins on the market are potential coins, worth investing, and also investing. It is entirely based on the k-line chart of the market. Later, after I understood the nature of the project, I gave up a lot of coins.
Don't rush. Sometimes This crptocurrency can not be done alone. You need the assistance of those that have been in it long before you joined. These are the people that can help you to buy reliable coins. If you do it by yourself you know you are a newbie, you can run into scams.
Of course it's one's own responsibility buying altcoins without any knowledge or experience. Hopefully they learn from it when they've bought the wrong altcoins and hopefully it's not an expensive lesson.
The reason why most newbies are choosing BTC over BCH is because they see the current value of the two and from that they make their decision and also because BTC is very popular thats what drives most of the people into investing into that coin.This has piqued my interest, I will definitely look into holding more Bitcoin Cash in the coming months.
But you should be careful in buying because alot of scammers are roaming around and just waiting for the people to be their victim, They asre creating their own coin and pretend to be a good one but in the middle of it they will just disappear.
Maybe just because they are new that's why they are aggressive to buy without knowing that transaction is already a scam, so to all newbies out there don't hesitate to ask question to pioneer member so that you can avoid mistake but be sure get the legit member not the scammers try to research first.
This has piqued my interest, I will definitely look into holding more Bitcoin Cash in the coming months.
Well, to be honest, BCH is more convenient in day to day transactions and there are application adding these transfers more usability.
nevertheless, I don't think that newbies buy wrong coin, because BTC is father of crypto.
nevertheless, I don't think that newbies buy wrong coin, because BTC is father of crypto.
How can you be so inadequate and ignorant to buy it? I do not see any reason to confuse the real bitcoin with this. Be attentive, beginners and read articles about crypto currency before investing your money!
I don't think it's just a newbie, but almost everyone is very difficult to determine which coin to buy, because there are too many choices and the crypto market is constantly experiencing price fluctuations, so that ultimately buying the wrong coin
i absolutely agree with you there are too many coins to remember them all and most of them do not worth your attention unfortunately 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
thank you very much for this information my friend was going to begin with something and i will definately show her this post reddit.com/r/btc
If you want to learn more about Bitcoin just follow @Bitcoin on twitter
I don't think it's just a newbie, but almost everyone is very difficult to determine which coin to buy, because there are too many choices and the crypto market is constantly experiencing price fluctuations, so that ultimately buying the wrong coin
First of all, you do not need to hurry with investments and risks, while not enough to study the specifics and prospects of the market. Over time, such investments will be more profitable and successful.
Jump to: