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Topic: Are you new to Crypto? Maybe you should read this... - page 2. (Read 407 times)

jr. member
Activity: 51
Merit: 1
I've been an onlooker on this forum for a while now, even before I was a member I would look on here to learn...

I keep seeing people asking the same questions and I admire the patience of members who always look to help people out even if it is the 50th time of answering.

So if your new the best thing you can do is learn learn learn before you invest.

I know so many people who have been burnt in this world through investing blindly, trusting people and just being negligent looking for that quick buck.

So I am going to list 5 things you should do before making any investment:

- Learn how to research a coin to enable you to buy at the correct moment owning your decision making it the correct decision.
- ***Never put your Crypto into any platform that overs an ROI in interest such as Bitconnect, USI-Tech, and Mize etc.***
- Learn about Security of your Crypto. Such as cold wallets, encryptions and off device storage of keys and backup phases.
- Learn the basics of trading. Buy low and Sell high. Or even Sell high rebuy low by using moving averages to enable you to react on what is happening right now.
- Learn how to adapt to enable you to keep your profits and your losses low. Hodling never works in a bear market so be aware of what market trend we are on.

Cryptocurrency is still in its early phase, many more people will come into this world after you, ensure you learn now so you don't have to in the future. Please be aware of the speed of this industry, it is super fast and can change overnight.

*** More a rule than a learning point...
Good reminder for new people.
newbie
Activity: 25
Merit: 0
Well done that’s really awesome article by you and it will definitely help all beginners but I've found Twitter a good place to learn from people certainly a good place to get the news, but even trading education from people by using Trading View to get familiar with what people are saying to pick up the lingo.
newbie
Activity: 63
Merit: 0
Those are very nice tips. especially the ROI part as people got rekt from bitconnect platform. we keep learning everyday in this space.
newbie
Activity: 20
Merit: 0

Thanks for the super knowledge, it's not hard just wanting patience Huh
newbie
Activity: 58
Merit: 0
Well done that’s really awesome article by you and it will definitely help all beginners if they act upon it and crypto is very hard thing and very critically important if someone do not work properly he she can be deceived and may be get loose his amount so be carefull
newbie
Activity: 1
Merit: 0
thanks, it really helps all newbies here. 🙂
jr. member
Activity: 58
Merit: 1
I've been an onlooker on this forum for a while now, even before I was a member I would look on here to learn...

I keep seeing people asking the same questions and I admire the patience of members who always look to help people out even if it is the 50th time of answering.

So if your new the best thing you can do is learn learn learn before you invest.

I know so many people who have been burnt in this world through investing blindly, trusting people and just being negligent looking for that quick buck.

So I am going to list 5 things you should do before making any investment:

- Learn how to research a coin to enable you to buy at the correct moment owning your decision making it the correct decision.
- ***Never put your Crypto into any platform that overs an ROI in interest such as Bitconnect, USI-Tech, and Mize etc.***
- Learn about Security of your Crypto. Such as cold wallets, encryptions and off device storage of keys and backup phases.
- Learn the basics of trading. Buy low and Sell high. Or even Sell high rebuy low by using moving averages to enable you to react on what is happening right now.
- Learn how to adapt to enable you to keep your profits and your losses low. Hodling never works in a bear market so be aware of what market trend we are on.

Cryptocurrency is still in its early phase, many more people will come into this world after you, ensure you learn now so you don't have to in the future. Please be aware of the speed of this industry, it is super fast and can change overnight.

*** More a rule than a learning point...

These tips are kind for the advanced user, before investing you need to understand the core basics of Private / Public Keys ...

I think that before even thinking of investing in Crypto everyone should understand what is Blockchain Technology, as it is will be super hard to understand the Business behind this new economy.
Here is the most updated guide on Blockchain Technology
https://101blockchains.com/ultimate-blockchain-technology-guide/

In any case, DO NOT invest any amount you are not willing to lose, crypto is the highest risky investment. And DYOR - Do Your Own Research Smiley
newbie
Activity: 59
Merit: 0
Thanks for taking the time to write this and share this valuable information with all of us newbies. Cheesy Cheesy Cheesy
newbie
Activity: 143
Merit: 0
As a newbie into crypto too learn to be patience and control your emotions. You won't be rich overnight but the freedom and experience crypto offers will open doors into investment in various projects.
member
Activity: 137
Merit: 16
Educator | Trader | YouTuber
Thanks for taking the time to write this and share this valuable information with all of us newbies. Can you suggest trusted sites / books/ other resources that teach the basics of cryptocurrency?

Thanks! Smiley

It depends what you're looking for. I've found Twitter a good place to learn from people certainly a good place to get the news, but even trading education from people by using Trading View to get familiar with what people are saying to pick up the lingo.

In terms of audio/books etc plenty recommended online it just depends what you are after, more trading ones? Blockchain education? or the history of Bitcoin itself. It's a big industry in terms of subject matter.
newbie
Activity: 48
Merit: 0
Wow.. interesting point for newbie..
jr. member
Activity: 101
Merit: 2
I've been an onlooker on this forum for a while now, even before I was a member I would look on here to learn...

I keep seeing people asking the same questions and I admire the patience of members who always look to help people out even if it is the 50th time of answering.

So if your new the best thing you can do is learn learn learn before you invest.

I know so many people who have been burnt in this world through investing blindly, trusting people and just being negligent looking for that quick buck.

So I am going to list 5 things you should do before making any investment:

- Learn how to research a coin to enable you to buy at the correct moment owning your decision making it the correct decision.
- ***Never put your Crypto into any platform that overs an ROI in interest such as Bitconnect, USI-Tech, and Mize etc.***
- Learn about Security of your Crypto. Such as cold wallets, encryptions and off device storage of keys and backup phases.
- Learn the basics of trading. Buy low and Sell high. Or even Sell high rebuy low by using moving averages to enable you to react on what is happening right now.
- Learn how to adapt to enable you to keep your profits and your losses low. Hodling never works in a bear market so be aware of what market trend we are on.

Cryptocurrency is still in its early phase, many more people will come into this world after you, ensure you learn now so you don't have to in the future. Please be aware of the speed of this industry, it is super fast and can change overnight.

*** More a rule than a learning point...

If you're a newbie, also read this topic: https://bitcointalksearch.org/topic/newbies-read-before-posting-1689727
It contains all the necessary information to get started!
Steep learning curve ahead ;-)
newbie
Activity: 7
Merit: 0
Thanks for taking the time to write this and share this valuable information with all of us newbies. Can you suggest trusted sites / books/ other resources that teach the basics of cryptocurrency?

Thanks! Smiley
member
Activity: 137
Merit: 16
Educator | Trader | YouTuber
I've been an onlooker on this forum for a while now, even before I was a member I would look on here to learn...

I keep seeing people asking the same questions and I admire the patience of members who always look to help people out even if it is the 50th time of answering.

So if your new the best thing you can do is learn learn learn before you invest.

I know so many people who have been burnt in this world through investing blindly, trusting people and just being negligent looking for that quick buck.

So I am going to list 5 things you should do before making any investment:

- Learn how to research a coin to enable you to buy at the correct moment owning your decision making it the correct decision.
- ***Never put your Crypto into any platform that overs an ROI in interest such as Bitconnect, USI-Tech, and Mize etc.***
- Learn about Security of your Crypto. Such as cold wallets, encryptions and off device storage of keys and backup phases.
- Learn the basics of trading. Buy low and Sell high. Or even Sell high rebuy low by using moving averages to enable you to react on what is happening right now.
- Learn how to adapt to enable you to keep your profits and your losses low. Hodling never works in a bear market so be aware of what market trend we are on.

Cryptocurrency is still in its early phase, many more people will come into this world after you, ensure you learn now so you don't have to in the future. Please be aware of the speed of this industry, it is super fast and can change overnight.

*** More a rule than a learning point...
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