Topic: Any advice for a newbie? - page 26. (Read 10710 times)
I think you need some patience. Do what you can. You must overcome challenges. If you want to invest try the different coin. Don't rely only in one coins because not all coins are profitable.
- Never invest the whole deposit in one coin
- Often better to sell and lose a little than to sit and wait to get out without loss
- Learn and analyze, read/listen to different traders and their analyzes, draw you or conclusions (you will find a lot of information and good people on this forum)
- Do not be greedy and have patience. Use someone's strategy in trading or develop your own
Well and the main thing, as well as in any business, practice is important. The more hours you work, the wider you will understand what and when to buy/sell
more than one my recommendation to freshmen who got here to the crypto forex. it's to believe in yourself and your energy. Do no longer rush into choices and weigh the entirety nicely. And the main aspect is in no way to depression in case of screw ups and losses. these days you lose, but the following day you'll earn one hundred times extra.
Currently you can learn bitcoin and altcoin in this forum or you can search for yourself on the internet. As you study it, you should try to trade bitcoin and altcoin and add some bitcoin to long-term investments.
Do not be afraid of falling prices in the crypto market. crypto money market is volatile. Do not sell your money in panic when the price drops. Create a trading strategy for yourself. Investigate the experiences of other investors.
In my opinion each newbie should spend really much time to get knowledge about the market, about rules, and about experience of other members of our community
For a beginner now is to multiply reading how we get altcoin yes like following a bounty campaign program, among others is bounty social media, signature campaign and others. Or following an airdrop program being held by a project. Then that way we will benefit from our work as bitcoiner. Besides that there are many more jobs or ways to get an altcoin from a variety of ways depending on how we seek how far we try.
The main advise for newbie is not to try to trade. It's very hard job even for experienced guys.
The second advice is that you should always diversify your risks
The second advice is that you should always diversify your risks
You already have a good coin portfolio for a beginner. Now the market is in the process of recovery, but while prices are acceptable to buy at a good price - so if you have free money to invest . of course, try to read more and learn . Much will come with experience
In my opinion, you should read more and more before investing. If the price is down, not to sell your altcoins that you have already invested. Be patient and better to wait for higher profits.
In addition, as a new person, at least have to be active in developing their image in the forum, which will give you a good income to participate in the prize, then listening to the suggestions from the legendary and heroic team participants,
You should read all the posts in this forum. The posts in this forum will give you a very good idea about crypto. If you are new then invest a little bit of money. You have Bitcoin and Eth That's enough for you.Bitcoin and Eth prices will rise very quickly,you can try hold this.
Hi guys,
Newbie here trying to set up a crypto profile. 1 month ago I had heard the name Bitcoin but didn't know what it was other than a digital currency and had not heard of any alt coins so bear with me
I don't have a huge amount to invest, thus far i have 0.13 BTC and 2 ETH, 2.6k XRP AND 50 OMG. I want to keep adding to this and keep it for as long as needed, i am not really interested in trading as i don't understand this space enough to do that.
Any ideas or thoughts? Should i move any of these around? Concentrate on adding to bitcoin? Add to XRP/OMG etc etc???
Also i have a ledger nano s en route to keep my coins.
cheers
Newbie here trying to set up a crypto profile. 1 month ago I had heard the name Bitcoin but didn't know what it was other than a digital currency and had not heard of any alt coins so bear with me
I don't have a huge amount to invest, thus far i have 0.13 BTC and 2 ETH, 2.6k XRP AND 50 OMG. I want to keep adding to this and keep it for as long as needed, i am not really interested in trading as i don't understand this space enough to do that.
Any ideas or thoughts? Should i move any of these around? Concentrate on adding to bitcoin? Add to XRP/OMG etc etc???
Also i have a ledger nano s en route to keep my coins.
cheers
for all the new ones join in the world of cryptocurrency, we recommend that you do an activity that the risks are smaller. do not play a direct investment by a big capital if you don't understand how to invest. It would be nice you learn first how the exact steps you should do
Do investment and dont panic you are the new one in the market. Firstly see the market for some days and then which coin you thinks most growing , borrow them and start trading. Believe mee you will gain a huge income. Its a very big platform to earn money fastly and easily.
first of all I advice to check and read information from this forum, if you will fill that there is not enough information use google, it is an ocean of crypto information, secondly if we are talking about trading - if you will lucky and get profit from your first transaction do not think that you are a professional, maybe it is only lucky case. And always remember - do not put all eggs in one busket))
Mostly don't trust anyone with advices, on the internet are many "good experts" who know the prices of coins very well in long term. You should learn working with your own research and try to understand the basic facts what is crypto about.
There is a popular saying that "Rome was not built in day." You just have to start from somewhere. The little you have today can be very huge tomorrow. Also remember that you should invest what you can afford to loose and research into every coin you want to invest in.
I advice you to learn more and more information about the cryptocurrency market, about every coin and every project, especially the ones you want to invest in. Then you will have experience, and it will be much easier to navigate the market
Don't be afraid to try learning and researching about this world gaining more knowledge. Try reading more about their white paper for you to know more about them. Better for you to start reading and learning, collect some information all about crypto markets and understands all about them. You will find out what are you going to do.
for me for a newbie no need to increase the amount of altcoin and I suggest to you to increase the amount of bitcoin but if you want to trade then learn a lot so you do not lose a lot of money
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