Topic: A lot of newbies buying the wrong coin. Be carefull! - page 5. (Read 2645 times)
Newbies should research first on the coin they are going to avoid future mistakes. They are also the ones who easily get panicked when the price of the coins they holding go down continuously. They should also learn how virtual coins works and this include the names of coins so they won't be confused on buying the right coin.
Both of these coins have the potential to become one of the worthy crypto. However, we are indeed required to be more careful in choosing the coins that we will buy by knowing the symbols of the coins so that they are not wrong in purchasing them. And with the information presented, of course it will help those who do not know about this.
it is a mistake of their own for forcing them to buy coins before knowing the risk of investing and not knowing how a coin is, they want to get rich quickly without wanting to learn more so don't blame anyone if you lose a lot of money
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
Yes a lot of people commit this mistake and screw it big time, even the regular users of bitcoin like me can commit this mistake as I have already done this in the past when I accidently sent about 0.1 bch to my btc address, I am very grateful that it wasn't the other way around as then I would have lost very huge amount in that case. So it is very easy for newbie to commit a mistake because I can also do these stupid mistake even i am an old user of bitcoin. reddit.com/r/btc
If you want to learn more about Bitcoin just follow @Bitcoin on twitter
Well thank you very much mate for your heartily concern by buying us coins.,awareness and responsibilities leads us to good direction,not just newbies or junior members anyone can be a victim by any deceiver so be careful and be vigilAnt.
Beginner in cryptographic forms of money exchanging are simply purchasing coins that is publicity by the news, most brokers presently are not for quite a while a simply doing day exchange.Promotion is the one they are into and after that dump in simply some percent up. Despite everything I appreciate those PRO that are long time holders who depend on whitepaper and guides.
Newbies will buy coins out of inexperience, and there are a lot of scams where a lot of them have been a victim. Apart from this, a lot of newbies have been swindled even through airdrop participation.
The issue is that, I'm still a newbies too to certain extent, but I don't do things totally on my own. Apart from doing a lot research on what I want to do, I also involved trustworthy friends that have been in the crypto to guide me. Also, there a lot if help newbies can get on this forum by asking questions pertaining to cryptocurrency and a lot of experienced people here are ready to offer them help. So be careful, don't do everything on your own.
The issue is that, I'm still a newbies too to certain extent, but I don't do things totally on my own. Apart from doing a lot research on what I want to do, I also involved trustworthy friends that have been in the crypto to guide me. Also, there a lot if help newbies can get on this forum by asking questions pertaining to cryptocurrency and a lot of experienced people here are ready to offer them help. So be careful, don't do everything on your own.
Best to stay with the fundamental coins i.e. ethereum and bitcoin. These options are made for a couple of people to get rich, bitcoin fuji will be discharged soon and they will likewise profess to be the best bitcoin. These forks like bitcoin money, bitcoin jewel, and unending different assortments are an exercise in futility. Amateurs should stay with the group
Common mistakes of newbies. They always buy if they just saw the pump. But that coin does'nt really have a good future. For newbies, study first the coin that you want before buying it.
A good coin is difficult to choose. A lot of ICO. The projects are similar to each other. A newbies should carefully study the project team.
Be careful. No one can say this enough. If you are a newbie or you do not have a good enough experience, don't just go about investing in just any coin. Consult someone who has an idea of the market. Someone who not just has an idea, but is experienced about it. Unless you are looking to lose some money, which I wouldn't want to believe.
I did once got some dump coins when I initially began contributing and I gained from it the most difficult way possible. Presently I am more mindful when wanting to contribute. Before I would effectively fall by others suggestions however now I do my own examination. It is constantly imperative to consider first the coin you are intending to contribute on.
I think this is the problem of the person himself. No one forces anyone to flee to the exchange quickly. If people do not want to learn to analyze information, then let them be mistaken. Experience is not free. You have to pay dearly for it. And experience and knowledge in trading need to have a lot.
Hi guys,
I have some bounty and ICOs tokens, but many of them don´t have ICO value also they are not listed on exchanges or listed but only IDEX, so the price is very low.
How long do you HODL your ICOs tokens? I know it depends on the project, when they launch their product, new exchange listing.. But one year approximately?
Also do you still believe in ICOs? Don´t you think that there are many ICOs with same product?
Honestly I'm so practical of holding and it terms of buying coins.For me the best situation was I will hold of I have more money but when times that its emergency situation I will sell it automatically.I have some bounty and ICOs tokens, but many of them don´t have ICO value also they are not listed on exchanges or listed but only IDEX, so the price is very low.
How long do you HODL your ICOs tokens? I know it depends on the project, when they launch their product, new exchange listing.. But one year approximately?
Also do you still believe in ICOs? Don´t you think that there are many ICOs with same product?
Newbies are just into hype and FUD, they are the most victim of FUD and panic selling.
I once a newbie and did bought at high and sold it at low.
Soon they will realize what is their mistakes, Sometimes the best teacher of our life is the experienced we had.
We just need to learn how to stand and make our mistakes correct.
I agree with you, I think not just newbie that buying the wrong coin but sometimes we can make the same as them. but I realize that newbie has potential to buy wrong coins because of they read some news and they think that the news is real and it will make the coin getting pumped in short-time so they mass buy the coins. we are seen this before and I think we need to learn from our mistake and like you said, the experience is the best teacher of our life.
Yes, it’s so true. If newbies can’t make right decisions, they will be cheated easily. Before investing in any ICOs, please research !!! It’s the most important thing for me.
I’m a newbie and i think crypto is a spotlight of this century. It can help us earn money easily.
Yes exactly you are right that they are always joining to many coins but they dont know what coin is that if it is legal or it is scam because some of newbies was didn't understand what is the real meaning of cryptocurrency or the altcoins they don't have patient to understand and research more because there mindset was they want to earn as soon as possible so that is one of the reason why they are not earning because of the wrong coin they invested.
You know what I'm guilty on this, me too don't know how to determine if I'm buying the right coin. Can someone tell me how to check if it's legit or not?
Yes exactly you are right that they are always joining to many coins but they dont know what coin is that if it is legal or it is scam because some of newbies was didn't understand what is the real meaning of cryptocurrency or the altcoins they don't have patient to understand and research more because there mindset was they want to earn as soon as possible so that is one of the reason why they are not earning because of the wrong coin they invested.
Hi guys,
I have some bounty and ICOs tokens, but many of them don´t have ICO value also they are not listed on exchanges or listed but only IDEX, so the price is very low.
How long do you HODL your ICOs tokens? I know it depends on the project, when they launch their product, new exchange listing.. But one year approximately?
Also do you still believe in ICOs? Don´t you think that there are many ICOs with same product?
Honestly I'm so practical of holding and it terms of buying coins.For me the best situation was I will hold of I have more money but when times that its emergency situation I will sell it automatically.I have some bounty and ICOs tokens, but many of them don´t have ICO value also they are not listed on exchanges or listed but only IDEX, so the price is very low.
How long do you HODL your ICOs tokens? I know it depends on the project, when they launch their product, new exchange listing.. But one year approximately?
Also do you still believe in ICOs? Don´t you think that there are many ICOs with same product?
Newbies are just into hype and FUD, they are the most victim of FUD and panic selling.
I once a newbie and did bought at high and sold it at low.
Soon they will realize what is their mistakes, Sometimes the best teacher of our life is the experienced we had.
We just need to learn how to stand and make our mistakes correct.
Even BCH is a very good token.
Because BCH has higher block capacity, the transfer is faster.
Because BCH has higher block capacity, the transfer is faster.
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