Any advice for a newbie? - page 66. | Bitcointalksearch.org

Mi5h0

sr. member

Activity: 560

Merit: 273

Quote from: Kadentran on April 22, 2018, 11:59:15 PM

Hi all,
I see a lot of posts from newbie investors asking for advice on the cheapest coin to buy that will go to the moon. I am begging you to stop that!

Thanks,

Original source: https://medium.com/wespostdotcom/beginners-guide-to-research-and-due-diligence-for-hodlers-830d5c817700

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racham02

full member

Activity: 257

Merit: 100

My advice to you is to continue researching on google and acquiring knowledge about trading, how to trade and how to work, and so on. I know it's not easy to learn, but with determination and long patience, you can learn how to play the game without losing your investment.

Kadentran

jr. member

Activity: 84

Merit: 3

Hi all,
I see a lot of posts from newbie investors asking for advice on the cheapest coin to buy that will go to the moon. I am begging you to stop that!

Thanks,

jeffbitcoin2018

newbie

Activity: 210

Merit: 0

Hmm you need to read all information about crypto!!
You need to explore you,re self as i did when i was newbie!
Read more and learn more to gain a sharp mind!! Youll need a guid with your who bring you here in crypto world !!

jimmihenrikh46

newbie

Activity: 109

Merit: 0

Have the right knowledge before trading, Trading in the right instrument, Choose the right broker, Start with small amount of fund, and Have Trading System.

residivis

full member

Activity: 443

Merit: 100

I think 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.

potatocrasher69

newbie

Activity: 84

Merit: 0

The standard urge for amateur isn't to try to trade. It's troublesome movement despite for experienced people. The second direction is that you should reliably upgrade your threats. In case you don't have adapting better just hold bitcoin in a manner of speaking. regardless, the degree that I can see the coins you are holding at the present time is an OK coin. nonetheless, recall, that when bitcoin costs increase, altcoin cost will fall.

yeuskz999999

newbie

Activity: 96

Merit: 0

I advise you to learn about the basics of bitcoin, specifically about how blockchain works.
besides that, try to understand the trading, because if you can understand trading, you will get a lot of money

ternyabin

full member

Activity: 238

Merit: 100

Quote from: billtonz123 on April 08, 2018, 12:02:46 PM

my advice for newbie you should better investment your bitcoin rather than you trading, you may also trading but you must have a knowladge about market, how to market move, when stop trade and when to time trade. if you dont know that. i suggest dont entering in trade, you just spend your bitcoin and dont have a result. the point is, must learn and learn then have an experience in this field

This is true, the best advice for a beginner is not to engage in day trading. The best option is investing in bitcoin for a long time. Of course you can not invest your last funds, it can have sad consequences.

billtonz123

newbie

Activity: 98

Merit: 0

my advice for newbie you should better investment your bitcoin rather than you trading, you may also trading but you must have a knowladge about market, how to market move, when stop trade and when to time trade. if you dont know that. i suggest dont entering in trade, you just spend your bitcoin and dont have a result. the point is, must learn and learn then have an experience in this field

maxiimallist

member

Activity: 182

Merit: 10

Quote from: shams on March 25, 2018, 05:41:37 PM

As you are new to the cryptocurrency market any investment in the cryptocurrency market is should now be for the purpose of understanding the market rather than gaining profits there will be a risk in any investment, however, the risk to some extent will be magnified by the new less and extreme volatility of bitcoin since the group to currency market is a high-risk space.

Since the crypto currency market is very unpredictable, we always need to have a contingency plan for an unforeseen event. We must always be ready to lose the invested money, which is why we can not invest our last funds.

borovichok

hero member

Activity: 1148

Merit: 518

Yes, we need to devote more time to studying the projects and technologies of the block chain, this is surely going to benefit. You also need to have at least basic trading skills on crypto exchanges, this is also very important.

Latviand

full member

Activity: 1540

Merit: 219

Quote from: cluelessaboutcrypto on November 10, 2017, 09:38:25 AM

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 Undecided

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

Well if you're a newbie and ask me what to do then i recommend to you that before you go in this kind of world or industry the firet thing you do about this is you have to research about what the cryptocurrency and how to use it properly and the importance and the benefits of the cryptos. If you want to invest then research to the coinmarketcap

xanaxxx

jr. member

Activity: 280

Merit: 1

Quote from: cluelessaboutcrypto on November 10, 2017, 09:38:25 AM

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 Undecided

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

Suggestion to you as a newbie would be to study the resources about cryptocurrencies before doing anything else. It's very easy to get tricked or hacked when holding the crypto

ethereumhunter

hero member

Activity: 2912

Merit: 541

Leading Crypto Sports Betting & Casino Platform

Quote from: shams on March 25, 2018, 05:41:37 PM

As you are new to the cryptocurrency market any investment in the cryptocurrency market is should now be for the purpose of understanding the market rather than gaining profits there will be a risk in any investment, however, the risk to some extent will be magnified by the new less and extreme volatility of bitcoin since the group to currency market is a high-risk space.

without learning and doing some research about cryptocurrency market, he cannot gain the profits and it's only risk his investment. he needs to spend some time to learn and try to understand the market so he can use the opportunity to make a profit. but in the other side, if he decides to buy some coins and will use the coin as his investment then he doesn't have to worry about the volatility of the price because if he uses cryptocurrency as the investment, it means he doesn't want to sell in short periods.

hhussain

newbie

Activity: 154

Merit: 0

If you are investing in the crypto currency world do not start with the direct investing in bitcoin some people might say that that is the see if option to go but if you really want to understand how to crypto currency market works you have to know the alternative to majority of the crypto currency's like iota Stratis and other Cryptocurrencies which have their own Block Chain network

shams

sr. member

Activity: 350

Merit: 250

As you are new to the cryptocurrency market any investment in the cryptocurrency market is should now be for the purpose of understanding the market rather than gaining profits there will be a risk in any investment, however, the risk to some extent will be magnified by the new less and extreme volatility of bitcoin since the group to currency market is a high-risk space.

Shuvrofpro

newbie

Activity: 112

Merit: 0

My advise for newbie, don't invest before you learn enough. A newbie should research few month and study about crypto currency. Must know how to analysis chart both fundamental & technical. There are a lot source to learn knowledge about cryoto currency. You can get huge idea from youtube, Twitter, facebook and others social Medea. Another important thing is emotion. You need to know how to control your emotions when you open a trade and also need to know good coin choosing. Always diversify your invest. Do not invest your all money in one coin.

iluvbtc

full member

Activity: 221

Merit: 100

Quote from: cluelessaboutcrypto on November 10, 2017, 09:38:25 AM

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 Undecided

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

OMG is a great coin IMO, I believe it will increase substantially this year. Ripple is the opposite, it's the bankers coin so they will manipulate the price like they do everything else. Also it is not decentralized.

I would diversify your portfolio, and add some other alts with great potential which are low right now such as (SALT, Theta, QSP, 0x)

Sureness

member

Activity: 115

Merit: 10

Quote from: kamvang12 on March 20, 2018, 04:21:25 PM

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.

My advice will be. Don't be shy to ask if you dont understand the question and also don't be easily tired posting in your campaign.

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