Advice for a crypto beginner? - page 3.

_payphone_

newbie

Activity: 26

Merit: 0

Quote from: Danstan on April 24, 2018, 02:50:50 AM

Generally advice:
If your going to invest in to coins, check exchange if the coin is there, check news article if this coins was tackled somewhere, research on the team member and the project itself, care your money since you work hard for it, don't just invest!

Double this, especially for tokens

bitChipper

sr. member

Activity: 896

Merit: 290

security should be you're #1 concern, so much money has been stolen it's sick

don't be another statistic, first thing you should research is how to secure all you're coin

neo444

full member

Activity: 434

Merit: 102

I advice you to invest your ethereum in trading site and choose the right time to make your choice of buying or selling to make an important profit

Danstan

newbie

Activity: 84

Merit: 0

Generally advice:
If your going to invest in to coins, check exchange if the coin is there, check news article if this coins was tackled somewhere, research on the team member and the project itself, care your money since you work hard for it, don't just invest!

MarioSPGroup

full member

Activity: 203

Merit: 100

Taking part into a monetary revolution - Priceless

If I were you, I would start to read. Thats exactly what I did.
Read the whole day and just hodl until you are sure about an project. And never put all eggs into 1 basket!

MintCondition

legendary

Activity: 1147

Merit: 1007

Quote from: ?? on ??

Quote from: Ronaldo Vu on April 19, 2018, 03:26:06 AM

I already bought 8 ETH a few weeks ago.

great.If you still holding those ethereum,You are in good profits

Ethereum is good coin for holding long terms.Also you can do trade with those ethereum in ETH/USD pair.This pair can give you a good profit daily or weekly basis

ETH continually increasing now, If you buy during the dips then it's your time to earn now, since ETH also have much use that it makes it still a good HOLD coin, many platforms were created using ETH, thus making another ATH is still applicable for ETH.

drudgecare4

newbie

Activity: 31

Merit: 0

Being a newbie i would advice you not to rush in every offer that you see out there before doing the research about the relevant platfor

babyaia

newbie

Activity: 164

Merit: 0

In my opinion it is better to invest so that you can get profit in the future,the only thing is you need to choose a good investment make a research and study well.

MondayTraddd

newbie

Activity: 89

Merit: 0

I think you should HODl, and meanwhile you can keep learning and earning by the bounties and playing Btcs poker

obinine

member

Activity: 238

Merit: 10

Investment is the key. Nothing you can gain or benefit from mere holding of the money.

I will advise you that you simply enter the Bitcoin market straight away with a small trading volume of no more than 1 Bitcoin at a current value of more than $ 7,000, even if you can start with only a fraction of Bitcoin. After some time, it is advisable you move and store Bitcoins unlike traditional forms of online banking or investment.

zrock21

newbie

Activity: 32

Merit: 0

Just be hardworking, and sow all your hardworks at the right time

pimkobai

jr. member

Activity: 196

Merit: 1

I would suggest that you should invest on the altcoins that belongs to the top 20 cryptocurrency ranking and study the choice of coin that you may wish to invest. Research its platform and check the history record if it does make a good rating by other peoples opinion before you let go with your investment. With this, I think you will be successful with your planned investment and keep learning.

Selbit

newbie

Activity: 78

Merit: 0

Crypto market is so unpredictable, so volatile, that I always try to avoid exact, straight forward answers.
Not even to the family members. I prefer not to give a very specific answers. Good future relations are of much higher priority to me.
If you are investing in coins for the long-term, the safest strategy is holding, but day-trading, or even casual trading can be profitable in the short term, allowing you to increase your stack relatively faster. Whether you’re a beginner to crypto trading or just trying to take a chance in this exciting new market, here are 10 mistakes you should avoid.
If you just listen to these people and put your money on the line, you are extremely likely to lose it. Doing your own research is the most important step before you enter any market. The crypto market is extremely volatile, which means price swings are normal, and if you get spooked easily, you will lose money. Panic selling is a common mistake beginners make, where they first get into a market without much research and then, when faced with a sudden drop, sell to ‘cut their losses’.

Altero

full member

Activity: 784

Merit: 123

Quote from: Ronaldo Vu on April 19, 2018, 03:26:06 AM

I just got $250 in BTC for a bug bounty. What should I do with it? Hold, or invest elsewhere?
I already bought 8 ETH a few weeks ago.

In need of advice. Don't really know how to get into crypo, but I definitely want to. Could somebody point me in the right direction?

Edit: Also, can somebody enlighten me as to what /r/BTC and /r/Bitcoin disagree on? I've looked at both sides, but I honestly still don't know what both sides are.

As new in crypto investment, it is much better if you give time on reading and I may suggest that you just hold it for awhile until you fully understand crypto life and it's marketing strategy that helps to grow your investment. Crypto investment is really risky if you don't understand it and it give you chances of losing if you don't have knowledge about it.

CODE200

sr. member

Activity: 1484

Merit: 323

Quote from: Ronaldo Vu on April 19, 2018, 03:26:06 AM

I just got $250 in BTC for a bug bounty. What should I do with it? Hold, or invest elsewhere?
I already bought 8 ETH a few weeks ago.

In need of advice. Don't really know how to get into crypo, but I definitely want to. Could somebody point me in the right direction?

Edit: Also, can somebody enlighten me as to what /r/BTC and /r/Bitcoin disagree on? I've looked at both sides, but I honestly still don't know what both sides are.

You can do diversity way which means you allocate your investment not only in one kind of coins maybe in two or three. At first you need to summarize and study the ico of the coins that you wanted for your investment. But I suggested you to invest in bitcoin and eth because it is proven and tested. It can produce a lot of benefits and opportunities to us. Just you need to know how the system flow. You need to gathered more knowledge about trading so you'll be familiarized to this.

Ferry22

newbie

Activity: 201

Merit: 0

keep learning about Crytocurrency, and that you can get from this forum. read more post here. this will greatly help you in learning the knowledge of Cryptocurrency world.

MD Milon

member

Activity: 406

Merit: 10

My advice is crypto beginner are to know about crypto,learn about crypto,must have patience.also must know trading.invest is a key of gain benefit.properly know about cryptocurrency market then invest is a wise idea.I think bitcoin is better in cryptocurrency.

koralan

full member

Activity: 462

Merit: 100

Quote from: Ishiro5 on April 19, 2018, 04:55:34 PM

Cool, since that is your first earning, i would rather u spend it to have a nice time to have a feel of how real crypto is. It would help motivate and stir up your zeal for the industry all round and u stand to benefit much more as a result...just my thought

Learn the basics of trading and cryptocurrency before entering this market. When you start your business, use a small amount of money to get to know the market well. Once you've captured it, invest more. Invest in the knowledge you gain from this market.

Manchumichael

sr. member

Activity: 630

Merit: 250

Quote from: brampower on April 19, 2018, 04:47:22 PM

Quote from: Ronaldo Vu on April 19, 2018, 03:26:06 AM

I just got $250 in BTC for a bug bounty. What should I do with it? Hold, or invest elsewhere?
I already bought 8 ETH a few weeks ago.

If you are planning to invest, look for coins with very low valuation but with a good team and project, last year there was Dent which gave me a good profit and recently Pundi X, i entered when the price of the coins was around 10 satoshi and those two projects have given me a good profit, look for good projects like those and follow the team news, you can make your investment grow.

Compared to Bitcoin altcoins are the best for making a good profit, a newbie can't find where to invest so you can try to understand how to identify the good coin in this market. we have many altcoins which are having high potential and low cost buy those coins and wait for some time if you pick good coin then surely you will make a nice profit.

Harrisonimo

full member

Activity: 490

Merit: 101

You can well do hodl of the btc value you have with it and also keep hodling the ethereum too. I will also suggest you do some findings on some already existing projects which is now appreciating

Topic: Advice for a crypto beginner? - page 3. (Read 742 times)