Topic: Any advice for a newbie? - page 34. (Read 10720 times)
As a newbie, ensure you learn the market tactics before venturing into the market. Also, ensure the security of your coins is cool. Don't make mistakes of exposing your private keys and seeds to phishing sites. Finally, make the best research of every project before investing your money.
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
If you are a beginner, you better invite friends. Because of what, this is a very dynamic business that is very risky. Competition is very strong here, where everyone has the same rights.
Even in such short time, you have collected so many good coins and that in big numbers. You can get rich overnight if the market goes up. This is really a very good and big investment that you have made. And a very profitable one also.
maybe i could only advice you for to do a lot of read and practice trading, then do lot reading of whitepaper of many ico project, so can learning about their product, their marketing strategy and all of them, so you will have more experience and try to trading in crypto.
first you can observe the Crypto market price graph and you should know about projects and read the whitepaper which coin you are selecting, if you have low amount then better to invest on low price coins. better know coins updates because if have now update on coin then have chances to price will up.
If you are a newcomer then the first thing you do is not risk investing big money, buy low value coins and analyze them carefully, invest in small capital. to learn experience in the market.
Well my advice is be nice to the people here and advice us well also , Make sure that you post and comment very informative to the people here in bitcointalk we all have a lot more to learn about crypto.
If you are new to crypto there are many ways to make money.
you need to be diligent and always have the market in order to be able to trade. if i need you to read the forum for learning. then the account height is up to get a good bounty and receive a token and then sell it.
you need to be diligent and always have the market in order to be able to trade. if i need you to read the forum for learning. then the account height is up to get a good bounty and receive a token and then sell it.
my advice to newbie needs to work hard to earn money to post a constructtive RANK up and join a good bounty to receive as many tokens and sell for money.
as you are new you must also be careful because of the bounty because there are others who do not pay to be always careful not to scam
I got to advise less to the newbie since im just a new too in this organization, and all i can say to the newbies is that i just want them to chill and just be patient, there comes a time that they can gain a higher rank by making activities, but just dont spam and they should know the rules and regulations so that they will be not banned.
Take a break and come back when bitcoin has bottomed out. How long that will be noone knows.
From my own experience, I can say to learn about crypto currency at first will take you a lot of time, you need to read more information about the crypto currency, analyze, in no case need to invest until the information is collected enough, you do not have to hurry to find out everything,be patience.
First of all, for novices I suggest to learn and understand the difference between coins, pick the ones you like. You can then download the demo trading app for trading learning.
may be my advice only, do not be ashamed to ask as long as the question will be able to make you more advanced and will progress.karena without the existing knowledge we will not be anything.
You must be emotionally and physically trained to handle and handle business flows especially in difficult times. because keeping emotional is important when you face the value of a fluctuating crypto. then experience that plays an important role
as a newbie you have to do is perbanyaklah read and learn in this forum, and also smart in holding the coin, never sell it at a lower price than when you buy it.
Dont anyhow jump into ICO, i got burnt quite a lot myself due to scam projects... and yes never invest in projects that put up advertisement, they are pure hypes, many failed examples before
From my own experience, I can say to learn about crypto currency at first will take you a lot of time, you need to read more information about the crypto currency, analyze, in no case need to invest until the information is collected enough, you do not have to hurry to find out everything,be patience.
Most important advice. Be calm if suddenly the price went not where you wanted not to sell. The price will rise in any case and in the long term we will all be in a good plus. The main thing is not to sell cheap. Now is a very good time to buy any cryptocurrency.
Keep searching to gain more information about how to earn. Be active and continue what you've started.
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