Topic: Advice For New Comers To The Crypto Verse (Read 281 times)

The free coins that you see people talking about come from bounty missions and airdrops. They find rewards through hunting platforms. You don't need to risk any investment, but it takes a lot of time!

Take the time to learn and learn from people who are experienced in the field, it is not difficult to know about cryptocurrency, the development of the digital age.

thank you. please, I will appreciate any resource/info you can provide.

Thank you so much.

Before you begin trading anything you need to invest in a hardware wallet. There is no way around this, if you want real security you need a hardware wallet.

The most important thing is that they read extensively into the topic of the crypto world.
This forum is very well suited for this. Most topics are discussed here.
These are the strong price fluctuations in the Bitcoin and in its influence all other Altcoins.
The various other projects and coins are discussed here and the trading of these coins
You get tips on how to get Coins for free through Airdrops and Signature Companies or Bounties.

The 2nd most important point is to make their experiences and use only as much money as you can lose.
The market is currently very volatile and could go even further down.

Another tip: Especially for newcomers I would keep my fingers off, of the ICO's.

Find the expert mentors cryptocurrencies in your neighborhood, because online suggestions may be hard to understand for newcomers.
Basically a lot of terms that may be difficult to understand, because it's important before getting involved and avoiding mistakes.

Before you get yourself involved in cryptocurrency,have a wide research and familiarize yourself on how cryptocurrency works. If you want to invest, just invest what you can afford to lose. The market value is unpredictable so your investment is in a win-lose situation. Be wise since your profit depends on your strategy. Also, a good start of earning free tokens is by participating in airdrops and bounty campaigns.

I strongly recommend that you study and self-study, then ask questions about what you learn that you do not understand the most. Forums are one of the best resources to have a good source to do while you It is still in the process of finding your first property, reading news about the project and checking what people think about it, just collecting information that provides that information and trying to accept it.

Join chats of crypto-currency traders. Chats for asking questions, consulting like-minded people, seeing in real time what decisions other traders are taking, and keeping abreast of important news. Log into the chat will not be difficult - they are all open. One of the most popular is De Center Trades. There are already more than eight thousand users.

Digest any information you can get your hands on. This forum is fillled with them, though I have to admit that it would be hard for you to find significant information in this section. Go to the technical discussion board; that's where the smart peeps are located at.

The first thing you need to think or realize is joining in cryptocurrency world is too risky. Investing your money here in crypto world might be one of your best days in your life or much worst than you think. Before investing you need to think for a thousand times if are you willing to take risk or not. If you are brave enough then you can invest anytime. You must have knowledge on how's the movement in the market and read some forums in here.

I think following a project is a free way to earn coins in return. After getting a coin, you can start trading.

I have advice for newcomers to learn to learn the experience of people ahead, constantly update knowledge, always trust in yourself.

Newbies are welcomed to the crypto community, first thing first, learn about the blockchain technology, learn about some good projects, learn to secure your funds and keep them safe, learn to trade or hold , and get familiarized with these crypto terms.
#CryptoCurrency Trading Terms and Meaning:

🔵#ALTCOIN = Any crypto currency other than bitcoin.
🔵#ASHDRAKED = A situation where you lost all your money.
🔵#BAGHOLDER = A person who buys and hold coins in large quantity hoping to make good profits in the future.
🔵#BEAR/BEARISH = Negative price movement
🔵#BTFD = Buy The Fucking Dip (an indication to buy a coin when it has dumped so hard)
🔵#BULL/#BULLISH = Positive price movement
🔵#DILDO = Long green or red candles
🔵#DUMP = To Sell off a coin
🔵#DUMPING = Downward price movement
🔵#DYOR = Do Your Own Research
🔵#FA = Fundamental Analysis
🔵#FOMO = Fear Of Missing Out (A coin is pumping and you get the feeling it's gonna pump more, so you buy high)
🔵#FUD = Fear Uncertainty & Doubt
🔵#HODL = Hold/Hold a position
🔵#JOMO = Joy Of Missing Out
🔵#LONG = Margin bull position
🔵#MCAP = Market Capitalization
🔵#MOON = Continuous upward movement of price
🔵#OTC = Over The Counter
🔵#PUMP = Upward price movement
🔵#SAJ #CANDLE = Huge green candle
🔵#SHITCOIN = A coin with no potential value or use
🔵#SHORT = Margin bear position
🔵#SWING = Zig zag price movement (Upwards and downwards)
🔵#TA = Technical Analysis
🔵#REKT = When you have a bad loss
🔵#REVERSE INDICATOR = Someone who is always wrong predicting price movements.
🔵#RSI = Relative Strength Index
🔵#WHALE = Very Wealthy trader/Market mover

To be honest, the best advice I have ever received in my life is to invest your time before investing your money and that's what I share with newbies as it helped me so far to understand things. Do not blindly trust others opinion or anything that you read online, do your own the research and check the reviews take others opinion in order to think on it instead of blindly relying on it. I have saved my huge amount of money and time just because I invested some time before investing my money. Bitcointalk is definitely the best place to get knowledge and understanding about crypto and blockchain technology so take benefit of it as much as you can.

  For beginner in crypto i would advice to make some research and give time to read here in forum,in some news and even in google you can find many helpful tips about cryptocurrency and on how to become successful here. Avoid fear and negative thought. Always think positives in time market is down,always put in your mind that crypto market are so volatile,every price may change from time to time. be careful to select the coins you want to invest. Be courageous enough and risk taker person thatn what ever may happen to the market you stand still and looking forward for the fruits of your investment. Learn by your experience because that is the best learning tools in whatever you do.

hi,
 we should firstly invest in well know project,because there risk is much low than others.like we can move forward.when we get day to day experience we can do our little researches and move to the higher. 

If you have taken the decision to join the crypto community, then you took the right decision. All it takes to win in crypto is reading wide, planning, and patience. With these codes, you can really achieve your goals and be successful in crypto.

If you are getting started in the cryptocurrency market, do know that the total market cap of cryptocurrencies is nearly 300 billion out of which more than half of it is controlled by the top 10 or 20 cryptocurrencies to invest in those and keep it safe for the start before you jump into the volatile ones.

Advice on lacking in bitcoins is important to keep your account on bitcoin so you will not be able to hack your account right now that you will also be careful about investing to know it first if it is true or not to do so you'll scum.

waoh, i am sincerely amazed and grateful to all your responses. every single response has added to my knowledge. i am honestly glad i asked this question.
I am also bouyed and glad to be part of this really amazing community.
Thank you guys.

My advice is to start reading and soaking it all in. Here's a good link to branch off from:

http://lopp.net/bitcoin.html

Other key links:

Bitcoin white paper: http://www.bitcoin.org/bitcoin.pdf

FAQ: https://www.reddit.com/r/Bitcoin/comments/6jlop4/rbitcoin_faq_newcomers_please_read/

Safe cryptocurrency storage: https://hackernoon.com/eight-simple-rules-for-protecting-your-cryptocurrency-5cdddc9f674d


The post that started it all: http://www.metzdowd.com/pipermail/cryptography/2008-October/014810.html

if in the world of trading you must know the term holding, cutlost and others because this is very important. The term holding is used by many people if you want to invest long-term, here you do not have to worry about the ups and downs of prices because you decide to sell the price you want (maybe this way more secure and earn more). the requirement is just patience, this way is often used when where at the time is trading then the price falls. so you do not have to worry about the falling market situation.
the second is the cutlost I suggest this way you should first learn the graph because if you do not have the stock of science then do not do. this way is usually done to reduce the losses that occur premises way you buy at 1000 and then dropped in the price of 900, if you can analyze the price will drop to 800 then you take this way that is sell at 900 then buy back at 800 and if the price back to 1000 then you get a profit and no loss.
that's a bit of me about trading in the world of cryptocurrency.

You did a good decision by asking some ideas and information about how to well manage your trading skills, as you grow with this business, the forum is the one of the best resources of having a good source what to do while you are still in the process of looking for your first asset, reading news about the project and check what does the people thinking about it, just collect those informative information and try to adopt, practice well and manage your investment properly, time will allow you to be matured enough and gain better observation.

In starting bitcoin for beginners is a common thing if they are still confused to play bitcoin with what capital is free. I think if you want a big profit in bitcoin but if the free one is not able but can invest here

The best way to manage this part is to sell partial quantity like 30 to 50% and rest keep it for some time because many time we noticed that after you sell prices still go high. So if you keep some then you can sell those at a higher price but if prices go down then you got some extra money to buy some later on. I find it this is more useful for both buying and selling all at once.

Since your new to a crypto world so don't jump into some shit coins for faster profit instead go with good coins first and once you gain sufficient experience then you can move to high-risk coins to invest.

It is good idea of asking for help to others who are already knowledgeable about this system, that will be good for you. In regards to how to gain crypto, I must suggest that you can join or participate in any aridrops and campaigns. To participating to this it is better that you be able to be rank up first because most of the campaigns have a qualification which is they needed rank are Jr. Members- Legendary, so for now you need to be actively participate here in the forum until you reach the Jr. Member rank. You can also refer to Beginners section, you can gathered there a lot of knowledge about the system.

I best recommend to newbies like you and to all newbies out there that you study and research in your own because you will just confuse yourself listening and reading comments here in bitcointalk forums. I really advise that you go study and research by yourself then ask questions about the things you learn that you didnt understand most. It will lessesn your confusion to cryptocurrency and bitcoin stuffs. Most of the members here are unreliable.

Welcome to cryto-world of investment pal  .Just feel free to inter-act with us and do read the every thread and discussion regarding the different coin and token speculation we are inter-acting everyday.By the way in crypto term ,Hodl my friend means ‘’Hold on for dear life’’ lambo means to wait for it to moon. 

Bitcoin.
Bunch of shitcoins.
Sell when you profit - buy low and sell high.
How to earn Bitcoins
Don't get too over hype much with those news that are coming out whether they are good or not still your own intuition must be followed by doing your own research.
Popular Advice: Invest only what you can afford to lose.

If I had to give one piece of advice for a do and one for a don't they would be as following

DO: Follow yourself and your gut. Research hard and follow your instincts, don't deviate from what you want to do. It will be easier to follow yourself, and you don't want to rely on others.

DON'T: Be susceptible to your emotions and particularly the FOMO emotion. Keeping your emotions in line as well as your money will give you the best possible chance to succeed in cryptocurrency.

For beginners it should be much to learn and read or understand news news about things that can affect bitcoin prices up and down, and more quickly you should find a mentor who has experienced directly.

Thank you Sir.
Very very Useful Advice. grateful i am.

Welcome aboard.


Shoot.


Basic principle of buying is: Buy low, sell high. But its easier said than done. You have to be very active and check what's the sentiments of investors around. So for me, if you have the money to invest then I wouldn't wait for the price to bottom. The problem with waiting for the bottom price is that no one  really knows what its going to be. It could be $1, or could be $6+++K (last bottom). Another old adage: Invest what you can afford, so that you will not get burn if the price goes down and bitching around that you have lose a lot and that you are selling.

So useful.
Thank you very much. will defo take your advice.

I've got some advice for you. Do extensive research before you get involved, and certainly don't invest your life savings. Yes, there is unbelievable potential, but there is also substantial risk in the short term. Follow the markets for a few months, and get in when the time is right, rather than when you first hear about the industry as most people do (which usually happens to be at an ATH).

I can provide some information about trading/investing in crypto.  The first thing that you need to realize before investing in crypto is that prices are very volatile so if prices spike in a direction that doesnt favor you, you shouldnt be too worried because they can easily go up back up just as quick.  Also you should know when to sell, some people see prices rise 300% and dont end up selling because they think prices will keep rising.  This is what causes people to lose some money because prices end up crashing after such a big rise.

Hey People of The Crypto Verse.
I am A newbie to this world and believe that there are tons of people out there like me. As you all know, we are in a fast moving world now that many atimes the 24hr day seem not to be enough, talkless of the time to sift through tons and tons of information available in the world wide web.
 
I therefore am here to ask all you good men and women out there with a good heart to spare us newbies a minute of your time and do let us know what are the absolute vitals and the do;s and dont's of the crypto world.

I have heard words like moon and lambo, hodl etc, i must admit some of them takes common sense to figure out but what requires genius as far as i am concerned is knowing what to buy, what not to buy, when to sale or not etc, and i also have heard of people talking about getting in on the crypto for free.
How?
any help???