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Topic: Any Beginners Tips? - page 2. (Read 358 times)

member
Activity: 202
Merit: 10
July 14, 2018, 02:31:54 AM
#11
Hi! I'm new to the forum and just wanted to start with saying how helpful this place has been in getting me started in cryptocurrency.

I've only just started to scratch the surface of the crypto world and already I feel miles ahead of where i was only a week back.

I very recently just put my first few extra bucks into Bitcoin as a means of kicking things off and I was wondering if anyone who has been around for awhile had any wisdom they could share about perhaps something they wish they knew starting off or where they should have been focusing their efforts most.




Ok , first of all and this is very important , be careful your wallet and your password , you should to know if you loss your wallet file and your password or privite key , you will loss all .
copper member
Activity: 26
Merit: 0
July 13, 2018, 12:03:50 PM
#10
Something they wish they knew starting off.

  • Your long term storage wallet needs to be in your physical posession.  Do not leave coins long-term in an exchange.
  • Move all of your coins out of an exchange the instant they start delaying withdrawals.
  • Losing your coins because you've forgotten your wallet password or lost the wallet.dat is incredibly common.
    • You won't remember that passkey in 3 years, and neither will the executor of your estate.
    • Put a copy of your wallet and instructions on how to access it with your important papers.

I started mining when BTC was under a dollar, and I remember buying some coins too.  I can't find those coins.  Did I spend them?  I don't know.

(I did find the one cascasius physical bitcoin I bought; so it's not all bad.   Grin)
member
Activity: 128
Merit: 10
July 13, 2018, 09:46:06 AM
#9
Being a newbie takes a lot of effort and your willingness to learn. I may not a pro in cryptocurrency but I can give you advice since im almost 4yrs now learning and dealing with cryptocurrency. My advice is for you to have a patience in slowly learning about it. Join on different community where you can learn and share also what you know. For me being on different groups or community help me a lot to gain more knowledge. And also have some research on markets if you are planning on trading. Thats all.
jr. member
Activity: 70
Merit: 1
July 13, 2018, 09:21:47 AM
#8
Hi! I'm new to the forum and just wanted to start with saying how helpful this place has been in getting me started in cryptocurrency.

I've only just started to scratch the surface of the crypto world and already I feel miles ahead of where i was only a week back.

I very recently just put my first few extra bucks into Bitcoin as a means of kicking things off and I was wondering if anyone who has been around for awhile had any wisdom they could share about perhaps something they wish they knew starting off or where they should have been focusing their efforts most.





Hi everyone I am newbie too trying to learn about how cryptocurrency works. I hope it will be great as a first timer and newbie I am very excited of what will happen this coming days. Bitcoin is talk about in our place and I want to try my luck here. I need to research more just like other newbies to be able to understand deeply.
jr. member
Activity: 58
Merit: 1
July 13, 2018, 08:53:22 AM
#7
I really think that before "jumping" to crypto and wallet every newbie should understand this technology cause there are plenty of new terms 100+ and what exactly is blockchain technology?

It is impossible even to understand what is Ethereum in less than few days....

I wrote this guide focused on Blockchain Technology 
https://101blockchains.com/ultimate-blockchain-technology-guide/
As well I published this Blockchain Glossary
https://101blockchains.com/blockchain-definitions/

I think starting with this 2 articles will give you a solid ground before jumping to wallets and investments....

Please do share your feedback as I want to improve them

Thanks
newbie
Activity: 21
Merit: 0
July 13, 2018, 08:14:23 AM
#6
Work hard and gain as much knowledge as possible.  You'll need to understand the nature of cypto markets very thoroughly as these are very volatile. Be well aware of the risk you can afford to take.
newbie
Activity: 1
Merit: 0
July 13, 2018, 04:54:56 AM
#5
Im newbie, can you help me where to look my activities and how to increase my level?
member
Activity: 336
Merit: 42
July 13, 2018, 02:45:47 AM
#4
I think your question is a bit generic hence I will post here to address two concerns : (1) ranking up in this forum and (2) airdrops and bounty campaigns


Ranking Up

The definition of Quality Post is subjective

One member may find your post as "quality post" then will give you a merit while other members may just engage you with a discussion without giving any merit.  Hence, I would like to suggest that just make it a habit to post something substantial and always (yes, always) be mindful of the rules of the forum.  Prevent yourself to be part of the ignored list of the merit sources.

Start Small

Just start small.  You can start on the things that you know or your experiences that you want to share.  I know that being a newbie, it feels like we cannot contribute anything in the forum because we have just little knowledge compare to the veterans.  However, I think some members would like to hear your stories of success, failures, learning, and not learning, and the like.  You can also post topic that interests you, in that way you can provide good insights by using your passion on the subject as the motivation/fuel to make a good post.

Start with "Beginners & Help" Category

You can start posting in the Beginners & Help category for you to ask questions and to be familiar with the forum.  It is advisable also that the target audience of your first posts are newbies (in relation with the previous point "Start Small").

Read. Read. Read
Try using the "search" bar if you want to learn certain topics.  It is really helpful (believe me).  By reading you will know the unspoken rules of the forum (what attitudes are frowned upon and what attitudes are highly encouraged).

COMMON MISTAKES of BEGINNERS/NEWBIES during ICO, AIRDROPS, and BOUNTY CAMPAIGNS

1. ETH Address vs Private Key

Note that your ETH Address is different from your Private Key.  
Your Private Key is your way of accessing your wallet while your ETH address is used to receive coins.

Sample ETH address       : 0x46678053A1C1F1A3d46d916f93Fd74dAe1c2aF6B

Sample ETH Private Key : a96bc7487e7bd325e0a2dcf1a7adc9a04ecb2ada74cc49604aa2e95c3122e523

2. Bitcointalk Profile

When you want to see your profile by clicking the “profile” in the home tab, you will see this URL : https://bitcointalk.org/index.php?action=profile.  
This is NOT your bitcointalk profile link!

There are two (2) ways to get your bitcointalk profile link:

a. First, you need to go to your profile.  
On the left corner you will see “summary” then click it.  You will get a URL like this : https://bitcointalksearch.org/user/nngella-2171254.  
Remove the “;sa=summary” and the new URL (https://bitcointalksearch.org/user/nngella-2171254) is your bitcointalk profile URL;

or

b. Go to your profile then on the left corner click “show posts”, it will display your previous posts.  
Click one (1) to show your previous post with your bitcointalk username on the left side of the post.  
Click on your bitcointalk username and it will direct you to your profile.  The URL is your bitcointalk profile link.

3. ERC20 ETH Wallet

Bounty campaigns and airdrops mostly use ERC20 ETH wallet to distribute their tokens.  
Note that ERC20 ETH wallet is different from the ETH address that you can get from an exchange.
https://www.myetherwallet.com/ (MEW) is an example of an ERC20 ETH wallet.
You can also use hardware wallets which are more secure than MEW

4. Forgetting to post your result

You need to take note the day of the week that you need to submit the result of your campaign!  
Failure to do so will make your effort be in vain,  the bounty manager will not credit what you did for the previous week.

In my case, I always document my bounty campaigns using google docs.  
This helps me to manage and sort out one campaign to another (to avoid mixing them up).

5. Quote vs New post vs Same post just edit

Aside from taking note on when to post your report, you also need to be mindful on the matter of how.  
Some bounty managers will require you to make a new post every week hence a campaign having a duration of four (4) weeks means having four (4) posts for reports, one (1) per week.  
Others will require to just edit your proof of authentication post making it just one (1) post for the whole duration of the campaign.  
Lastly, I also encounter others that require you to make a new post every week and quoting your previous week/s.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
July 12, 2018, 10:31:22 PM
#3
Hi! I'm new to the forum and just wanted to start with saying how helpful this place has been in getting me started in cryptocurrency.
Welcome to the forum, you are in the right place of telling this and everyone has gained a lot of knowledge about crypto's here just like me.  Smiley

I've only just started to scratch the surface of the crypto world and already I feel miles ahead of where i was only a week back.
Keep on learning, this is a continuous learning process. Once you are familiarized with what you are focusing, it's easy for you to apply what you learned.

I very recently just put my first few extra bucks into Bitcoin as a means of kicking things off and I was wondering if anyone who has been around for awhile had any wisdom they could share about perhaps something they wish they knew starting off or where they should have been focusing their efforts most.
Watch the market and see on how the price are moving, learn the basics of reading charts and you'll go deeper with it if you are done familiarizing it.
newbie
Activity: 9
Merit: 0
July 12, 2018, 10:28:33 PM
#2
Research, a lot. I've only been doing this for eight months now-but my friends have been doing it for years. I was curious if some of the senior members had anything to say in regards to your post...but me? I research like everything...
C1V
newbie
Activity: 2
Merit: 0
July 12, 2018, 10:21:46 PM
#1
Hi! I'm new to the forum and just wanted to start with saying how helpful this place has been in getting me started in cryptocurrency.

I've only just started to scratch the surface of the crypto world and already I feel miles ahead of where i was only a week back.

I very recently just put my first few extra bucks into Bitcoin as a means of kicking things off and I was wondering if anyone who has been around for awhile had any wisdom they could share about perhaps something they wish they knew starting off or where they should have been focusing their efforts most.


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