Topic: Any advice for a newbie? - page 7. (Read 10720 times)
The advice for novices is to look at some of the cryptocurrency news and learn more about the project team you currently hold on behalf of the token.
The best advice, be patient and careful. Always count a hundred steps forward. This will help to avoid failures and losses in the future. And it also protects you from unsuccessful investments.
Some of the newbies has the tendency to go buy some coins without researching it first and they're also the ones who easily panick when the crypto market go down or when the price of the coins they are holding suffers a significant decline. Whether you are into trading or not, you should try educate yourself first on cryptocurrencies to avoid or lessen some losses in the future.
Need to read a lot to learn, read the comments pay attention to negative draw conclusions. Do not sell for a price lower than you have invested. In this case, the main patience and waiting.
For me, what you have is good enough to maintain and do not be complacent to get a profit opportunity by focusing on the one coin you have, when the price has gone up and shows profits, do not hesitate to sell.
I would like to spend more and more times in market to gather more and more knowledge regarding crypto.
GO UP LEVEL FIRST
for a newbie, a lot to learn in the forum. a lot of reading, and occasionally do posts to add to the number of post and activity. so later rank account could also be increased. at the same time could merit while hunting.
For anyone who is a beginner and doesn't know what to add to your shopping cart. I do this: 50% of the funds are allocated for the purchase of coins from the first ten by capitalization, 30% of the funds are allocated,selectively, for coins from the first 50 by capitalization, 10% for new coins and 10% for the purchase of coins in the ICO.
There are really a lot of scams out there in the market. Be careful. Alway check their website, their communities, are they active on social media etc. Also, do you believe in their project etc. For example, I follow closely SciDex. They are creating a new type of smart contract generator for complex transactions. So that even regular businesses that need legally binding contracts can be on the blockchain.
Welcome newbie.. my advaice is to keep on searching,Study, 1-2 months is enough for you to acknowledge you self about the flows of cryptocurrency.. after a month try to find bounty campaigne and join..
Any advice for a newbie? My advice to newbie is to keep you posted on bitcointalk do not stop you updating every day to become a jr member you can join bounty campaigns there and you can earn money with bitcointalk when you have a campaign and give you a reward.
Trading is part of of cryptocurrency activities that you have a direct control of. Learn how to trade and Mike money for yourself in cryptocurrency. In addition to this, commit yourself to life long learning in cryptocurrency!
For newbie please try joined new site for getting bitcoin or altcoin by free way without have make investment. maybe after your are getting money form free website like faucet or airdrop project you can use your money for investment.
Try your best to participate a few tech-focused projects. Most of the projects are very friendly during their beginning stage, and being pro-active and contribute can help you in building your crypto connection.
The risk level is very high if you invest in any crypto-projects without knowing deeply about it's technology. Newbie should pay more attention in the understanding technology, which is what i am trying to do too
The risk level is very high if you invest in any crypto-projects without knowing deeply about it's technology. Newbie should pay more attention in the understanding technology, which is what i am trying to do too
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
Thats good decision dude, if you still newbie, you should be sharing and learn from the expert. From my experience, i think you should adding into BTC and ETH, no offense to the others coin. But if you look the market right now, all the prices of altcoins is getting worse day per day, but if you still believe in cryptocurrency's world there's nothing wrong if you invest in BTC or ETH. Because BTC is the main coins in cryptocurrency's world and ETH is the main platform of ICOs.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
But the goods way for newbie is just learn first until you've already have skill and knowledge about cryptocurrency. The cryptocurrency is very complex, so if you are just only desperate then you will not earn anything.
I have give you only one advice first learn about crypto currency and market don't be panic for big shot ...Give some to this world.
Advice for the beginner: do not climb here if there is no persistence in your head and mind. The cryptocurrency topic is complex, then understanding still need, in addition to all what I said. You won't understand, you won't earn anything and you won't learn anything.
Surely we can gather some tips and advice from veteran members with regards to cryptocurrency information and issues. I have been reading every important details from each important forums I found too interesting and as I have always thought, it is worth reading for. Internet is always open also for additional information if you may find it really hard for you to understand cryptocurrencies specially bitcoin. You could also ask our friendly veteran members by personally sending them messages if you need further advice.
Thats true, in this forum we can share and take knowledge from others member. This forum give many information and knowledge about cryptocurrency and i think this forum is biggest forum about cryptocurrency.
Patience with our investment and able to hold for long term is the key if we want to make profits in crypto and ignore negative news so we can not panic easily on market
There are numerous advice for a newbie in crypto especially one who is willing to start crypto investors. However, the two important advice which cannot be forgo ''knowledge in crypto and patience". Every newbie must take some time to study about crypto and how the market works at least to come to terms with the up and down movements of the prices of coins. Also, it requires patience to earn a good deal of profit in crypto.
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