Advice for a newbie | Bitcointalksearch.org

rohanshinde

jr. member

Activity: 44

Merit: 4

Quote from: rohanshinde on January 09, 2018, 10:50:00 AM

I am newbie to bitcointalk forum but been investing in cryptocurrencies since some time now.
From my experience, I would suggest,

Never follow the crowd, this creates FOMO, panic selling and loss.
Always DYOR before entering into any coin. Its better to research a coin, study its usecase, try to understand what problem it is trying to solve.
Stay updated, read a lot of news, posts and threads.
Don't be here for quick profits, it will only cause mental trouble.
Investment is always better than trading (Unless you have lot of time to continuously monitor a position).

NEVER EVER I repeat NEVER EVER GIVE YOUR PRIVATE KEYS TO ANYONE/ANYWHERE!!

rohanshinde

jr. member

Activity: 44

Merit: 4

I am newbie to bitcointalk forum but been investing in cryptocurrencies since some time now.
From my experience, I would suggest,

Never follow the crowd, this creates FOMO, panic selling and loss.
Always DYOR before entering into any coin. Its better to research a coin, study its usecase, try to understand what problem it is trying to solve.
Stay updated, read a lot of news, posts and threads.
Don't be here for quick profits, it will only cause mental trouble.
Investment is always better than trading (Unless you have lot of time to continuously monitor a position).

netvboz

newbie

Activity: 4

Merit: 0

You should search information and understand define of holding, lending, and ICO Cheesy

. It helps you have many experiences before you start buying bitcoin Roll Eyes

ErvinWalters

newbie

Activity: 40

Merit: 0

Newbie like a topic starter. :-)

Nevertheless, here's my advise - to start trading try bestrate.org. Simple and useful. Also, there's a good guide for newcomers, so you won't get lost.

And of course - keep your eyes open and double-check all the sources you use!

Good luck!

SerHodlot

newbie

Activity: 29

Merit: 0

start with learning how you can use bitcoin and other cryptocurrencies. Look at multiple use cases, or pick an industry vertical like (supply chain, payments, financial services, real estate, prediction markets), and go from there.

if you're in one of those backgrounds, or whatever background you are in, look at how blockchain and bitcoin/cryptos can have a positive impact in that industry to get a good feel for its concepts and practical use case. you'll find yourself in a much better headspace, then the typical "im not a programmer, so i cant really have an impact

hope that helps!

slardar3586

newbie

Activity: 20

Merit: 0

You must need to work hard and read alot in order for you to be able to learn alot of things with regards to bitcoin.

FutureICOs

full member

Activity: 449

Merit: 100

If you need to laundry your bitcoins, there is an excellent and proven service. Safely and quickly with a small commission, my commission was 2.09% for a mix. Profitable and safe. https://bitcoinmix.org

Cutieepooh

newbie

Activity: 106

Merit: 0

Go through the all information about forum. As you are in beginners thread then you get all answers related your queries. All the members are very supportive.

altGear

jr. member

Activity: 73

Merit: 1

PRiVCY

Look into altcoin projects, join a few discord communities like https://discord.gg/jyTXVWz where you can network with other crypto enthusiasts and expand your knowledge! Studied forex for 1/5yrs now I've been trading crypto for a little under a year. I run a Crypto education community, and attend local crypto meet-ups to educate others, I offer hands on help setting up mining rigs, and teaching people how to trade crypto. You can DM me in that community under altGear Cheers!

SerioGiocatore

newbie

Activity: 32

Merit: 0

The best Advice I received was "Keep your coins in a wallet". Cheesy

inooll00

member

Activity: 165

Merit: 12

I think in this forum is complete all answers from some beginner questions, it's just that you need to find a question thread similar to your question from sub forum

jrtaboraman

newbie

Activity: 26

Merit: 0

You can read through about mining threads here. There's a lot of them and I'm sure it's pretty easy. There are a lot of mining program that has GUI which is user friendly. Spend a lot of time reading.

bitzzz

newbie

Activity: 58

Merit: 0

It is pleasure to give some advice from my experience. As a newbie, it is very easily to be confused by the fluctuation of all the altcoins. Among the tremendous choices, you need to keep an eye on the potential of this coin so as to avoid lose money. The whitepaper and the status of this project is very critical to whether it could rise up or not. In order to get profit, you need to put efforts on verify those information by your self. A convinience way is look at the ico rating website. However, high rating doesn't necessarily mean the success of your investment. You need be careful.

bitbong

newbie

Activity: 378

Merit: 0

i'm a newbie too and subscribing to this thread

e5p3r

newbie

Activity: 20

Merit: 0

Quote from: Bitcoinlady86 on December 12, 2017, 05:28:02 AM

Hi, As you can tell, I'm new to the world of Bitcoin.

I have learned a lot about the basics of Boitcoin, but there is much more to learn. I hope to get some advices from the pro!
Such how to invested in bitcoins and other ways to buy Bitcoins ( not only exchanges). Also whats' your personal experience using the Bitcoin and what's your journey?

First, you can invest in bitcoin with your cash, you need to buy some bitcoins if you want to earn money with bitcoin. You can earn free bitcoin with some faucet sites but it will waste your time, I promise. So, I think if you really want to earn money with bitcoin, the best way is buying some bitcoin to hold or trade, just depends on you

xiaowu55

newbie

Activity: 84

Merit: 0

How are you I am new I am also not very familiar with COINS The bluetail ticket tracker (BTT) to see the article on my every day, to learn new knowledge I feel I can learn much knowledge from here For our beginners helpful

Thomss

newbie

Activity: 7

Merit: 0

Welcome, we are all here to learn and discuss. Cryptoworld is immense and majestic, but watch out before you put your own money into it.

sanyuanli

newbie

Activity: 34

Merit: 0

In fact, you can learn a lot in this forum. For now I'd recommend you reading to this Beginners & Help section. Enjoy btt.

OninLoki

jr. member

Activity: 55

Merit: 1

Try to Understand first the stock market.. Bitcoin pricing is hard to predict if you understand the stock market strategy 70% of your decision is right

Jaemouns

member

Activity: 274

Merit: 10

Bitcoiners thank you so much for this wonderful information and idea.Everyday i learned a lot because of your post and sharing knowledge as what you have experienced.It can help me a lot to make me grow soon.

Topic: Advice for a newbie (Read 974 times)