Topic: Advice for a crypto beginner? - page 6. (Read 742 times)
Before stepping on how to Trading Bitcoin For Beginners, we must first understand the concept of all types of Trading / Trading in this world. The main concept of trading is "Sell at a price that is more expensive than the price when buying", so it is clear this concept is RITEL concept, which is buying at wholesale prices, and selling it at retail price.
The besting to do when you are planing to invest is to research first the background of the ico you want to invest, you must learn and have knowledge before you go in kinds of investment to avoid lost.
Well, I think investing was so much better for long term currently, because the price is still down now I think isn't that good to sell it. Just waiting till the price up again, but it's all back to you, maybe you can sell it if you need it urgently.
As a beginner you will probably make some mistakes that may break your heart, Just bare in mind that you will loss in some of the investment you will go into no matter how careful you will try to be. You also need patience because some of the coins will not appreciate immediately.
Before you start in crypto, most especially in crypto-trading, you must have the knowledge and this forum will help you a lot, thru reading, you could get more learning and knowledge from this very helpful forum. Study the trade, pick some certain coins or tokens and study their trading history, volume and prices and their stability.
I agree to you... If you are a begginer in the world of cryptocurrency it is difficult especially if you have only a bit of knowledge and experience about crypto... Uaing this forum to get enlightened about the related information about cryptocurrency is better... If you are a begginer you've need to study lots... Trading and investing is good if you are knowledgeable enough... Have a lots of experience and always be patient someday you will one of a professional crypto user...
My advise for you is to read and study about crytocurrencies and you should have to learn from it. Also, you must need to understand the market trend at coinmarketcap site where you can see the price history in every coin. Choose from their on your selected coin and check it's market performance before you invest. However, if you want a secure and promising profit, I think you should stick with bitcoin since your investment could even increase higher than the alts.
The first thing to do is to research the important things about cryptocurrency and read articles or forums here in biycointalk.It is better to gather first information before start.
the best and most important thing to do in my opinion is to do your research very carefully and to be mindful of your investments. and regarding the bounty; if you think this coin has a future you hold and if not (maybe the development team is lazy and unmotivated) then you cash your earnings out and invest elsewhere. you need to learn a lot of things for your investment to be safe.
You must learn first in order to keep your money, in my opinion you should dividing money (if surplus on your need) part of the investment and part for hold that's will be good .
My little advice is that bee commers shouldn't be in a hurry for the profit but be patient with their investment as good things takes time to mature.
Before you start in crypto, most especially in crypto-trading, you must have the knowledge and this forum will help you a lot, thru reading, you could get more learning and knowledge from this very helpful forum. Study the trade, pick some certain coins or tokens and study their trading history, volume and prices and their stability.
I agree to you... If you are a begginer in the world of cryptocurrency it is difficult especially if you have only a bit of knowledge and experience about crypto... Uaing this forum to get enlightened about the related information about cryptocurrency is better... If you are a begginer you've need to study lots... Trading and investing is good if you are knowledgeable enough... Have a lots of experience and always be patient someday you will one of a professional crypto user...
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.
Is better to invest it in other altcoin or ico to make more profit, better before you invest in any project make sure you take your time to study the project to avoid lost 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.
Since you have the money from bounty I will advice to either keep in your wallet or sell to use for Personal things in life. Reason why saying so is that no investment is guarantee to last longer again. I have my own experience I invested $1100 in program but hoping to get more percentage to pay back but at the end they run anyway with our money. So I concluded not to invest again. But am not discouraging you not to invest but be very careful on where to invest the money in. Do solid research about the platform and after some time like 4 to 5 months take your money back so that you will not later run at lost or complain. And then continue your bounty program to win more. Is very rewarding if only you follow sincere company..
You bought 8 ETH without having any knowledge and experience about cryptocurrencies? That's where you did your first mistake. First learn and get knowledge about it then invest. 8 ETH is a good investment.
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.
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.
btc and bitcoin disagree on bitcoin vs bitcoin cash issues. Just check what bitcoin cash fork was and why it took place. Regarding the advices, I recommend you to try to provide the value for the community while investing, I believe that is the way this industry can thrive, if people not only speculate but also do some good for the community.
Invest that in bitcoin if you want to take risk as low as possible or invest in oax now it is $0.64 pretty cheap. I do believe in project and recommend it.
Never trade more then you afford to lose!
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Before you start in crypto, most especially in crypto-trading, you must have the knowledge and this forum will help you a lot, thru reading, you could get more learning and knowledge from this very helpful forum. Study the trade, pick some certain coins or tokens and study their trading history, volume and prices and their stability.
Dont trade on emotion its a biggest mistake at all in trading need to trade without any emotion and nervous then you will make some profit.
Don't listen to anyone's investment advice and do your own research. You don't want the success of your investment to be dependent on what strangers on the internet say.
Start by learning what Bitcoin actually is, once you've done that, you can start learning about other cryptocurrencies.
I know this probably isn't what you want to hear... You probably want someone to tell you how to invest an in which coin you should invest, but that's just a plain bad idea.
The Bitcoin Wikipedia page actually has some really good information about Bitcoin
https://en.wikipedia.org/wiki/Bitcoin
Another great resource is the Bitcoin wiki:
https://en.bitcoin.it/wiki/Main_Page
Start by learning what Bitcoin actually is, once you've done that, you can start learning about other cryptocurrencies.
I know this probably isn't what you want to hear... You probably want someone to tell you how to invest an in which coin you should invest, but that's just a plain bad idea.
The Bitcoin Wikipedia page actually has some really good information about Bitcoin
https://en.wikipedia.org/wiki/Bitcoin
Another great resource is the Bitcoin wiki:
https://en.bitcoin.it/wiki/Main_Page
I don't think $250 will be much helpful for you in real life but if you invest this amount right in the correct coin than you can make a nice return that would be useful for you. Also you bought 8 ETH which isn't a small amount and many people would die to just be able to own a single ETH. Investing is better as just keeping it in fiat wont do any good to you.
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