Topic: Beginning with Crypto (Read 409 times)
Cryptocurrency becomes so unique and different from fiat currency because of is volatility which makes it good for trading and investing, both things are good ways of earning money in the crypt but a risky one as well because it required knowledge first and make sure you have a good knowledge before you try it. Comparing investing and trading, I will still choose to invest because I find it so complicated and hard to earn when doing trading especially day trading, even though you know the basic rules of buy-in low and sell in high, it is easy to say but it is hard to do.
I once started making money on cryptocurrency a couple of years ago. I thought that this is a good way to make money if you know how to do it, what exactly to mine and where to invest your money. I once decided to start my career with ethereum. I first mined this cryptocurrency on all sorts of small tasks, as everyone starts, then on lending at interest, the more I started earning interest on Ethereum, then when I earned enough I started buying cryptocurrency and playing on increasing or decreasing the cost of the crypt. But then when I already had quite a lot of crypt, I thought about where it can be stored and managed, because there are many platforms, but I stopped at haru, I heard that it cooperates with many large companies, so for now I fully trust it.
Well, good luck to OP but I guess not only to OP but to all who wishes stay more for good about cryptocurrency.
What happened? 
Please read some posts before, the creator was banned by plagiarism. The OP is a copy-paste and the discussion can be ended.
Well, good luck to OP but I guess not only to OP but to all who wishes stay more for good about cryptocurrency.
You did not care to read the last post in this topic before you made your post. 
Please read some posts before, the creator was banned by plagiarism. The OP is a copy-paste and the discussion can be ended.
Well, good luck to OP but I guess not only to OP but to all who wishes stay more for good about cryptocurrency.
To get started with crypto you need to have a good idea about trading the number of scams is increasing due to the increasing demand for crypto if you don't have good knowledge about crypto you will be a victim of scam. Therefore you have to study the market and choose the safest sites for the exchange the wisest decision for any investment is to pay less early to maximize potential returns especially when it comes to volatile cryptocurrencies the three biggest most volatile and intriguing to start with crypto are bitcoin ethereum and litecoin.
and in essence, you still have to learn how to do good and right trading and make the right investment and choose potential projects.
You can choose the short term, mid term and long term methods and adapt them to your needs. All methods can make you profit if you master them.
Holding coins and holding them may be a fairly safe option, but coin selection must be correct. Choose an account that already has certainty such as bitcoin or ethereum or is on the 10 CMC list. You have to start buying when the price is below, you need to do further analysis.
You can choose the short term, mid term and long term methods and adapt them to your needs. All methods can make you profit if you master them.
Holding coins and holding them may be a fairly safe option, but coin selection must be correct. Choose an account that already has certainty such as bitcoin or ethereum or is on the 10 CMC list. You have to start buying when the price is below, you need to do further analysis.
Thanks for pointing that out. This is one of the problems one has as a merit source, and not having enough time to research users before awarding merits. I've given you 10 merits, and hopefully you can find suitable recipients for the 5 sMerit that has generated.
Thank you for your kindness towards me, I know this was just you been generous as my post doesn't deserve such blessings, I never saw this coming. The smerit will be spent wisely as I don't get them alot. Well your concerned are also shared by others too (as I have read on the forum) although if we buy into that idea many quality posts will be going unmerited as a result of the clumsy behavior of the posters.
I'm of the believe of meriting a post for its valuable content and not the poster. I would go ahead to merit any deserving post I see assuming I was in a position were I have more smerit not minding who or what has happened to the account like banned or red tagged. Once again thank you.
Thanks for pointing that out. This is one of the problems one has as a merit source, and not having enough time to research users before awarding merits. I've given you 10 merits, and hopefully you can find suitable recipients for the 5 sMerit that has generated.
It is so easy to know a user makes plagiarism. A spammer suddenly makes too long post is a strange thing. Use Google search, you can find out whether that too long post is a plagiarism.OP. I don't know who reported the plagiarism but a search gives me a source article.
With crypto you can get huge returns. However, it doesn't come easy, in a split second you could get or loose a large amount of money. This means crypto trading is exciting, and it can be very difficult to keep peace in mind under heavy pressure.
The easiest way of making money in crypto is investing longterm. Rather than trading you can buy coins, hold them in your wallets untill the price appreciates and you sell and make your profit. Of course you have to make some research about the coin, and be convinced it has potentials before investing in them.
Another way you can invest is day trading, which is a trading strategy where investors buy and sell orders for multiple times in one day. This requires more knowledge and skills. I suggest you use a demo account.
The easiest way of making money in crypto is investing longterm. Rather than trading you can buy coins, hold them in your wallets untill the price appreciates and you sell and make your profit. Of course you have to make some research about the coin, and be convinced it has potentials before investing in them.
Another way you can invest is day trading, which is a trading strategy where investors buy and sell orders for multiple times in one day. This requires more knowledge and skills. I suggest you use a demo account.
Copy and do text spinning from https://www.mitrade.com/forex/crypto/crypto-market/make-money-with-cryptocurrency-best-ways
Quote
Can A Beginner Make Money investing In cryptocurrency?
Investing in cryptocurrency can make a huge profit. However, it's also highly risky. You can win and lose a large amount of money quickly. This means crypto trading is exciting, and it can be very difficult to keep peace in mind under heavy pressure.
If you find it hard to make money with cryptocurrency. You might think that “ should I invest in cryptocurrency?”.
By the end of this article, you will know what you can do to make money with crypto.
Investing in cryptocurrency can make a huge profit. However, it's also highly risky. You can win and lose a large amount of money quickly. This means crypto trading is exciting, and it can be very difficult to keep peace in mind under heavy pressure.
If you find it hard to make money with cryptocurrency. You might think that “ should I invest in cryptocurrency?”.
By the end of this article, you will know what you can do to make money with crypto.
That guy and that plagiarism are other examples
https://bitcointalksearch.org/topic/--5285029
>..<
Thanks for pointing that out. This is one of the problems one has as a merit source, and not having enough time to research users before awarding merits. I've given you 10 merits, and hopefully you can find suitable recipients for the 5 sMerit that has generated.
Yes, that is right. With crypto, you will have the opportunity to make a big profit.
But unfortunately, not all people who can be willing to learn more about making money from crypto.
People just think that if they use big money to invest in crypto, they will make a big return in the future, but the fact is not like that.
Holding the coin is not as easy as we think because the crypto price will be too volatile, and not many people can have a strong heart to hold their coins.
Trading can be the other solution to make money from crypto, but there are many requirements that you need to have before you can make a profit.
You need to have skills in trading by learning from many lessons to make a profit.
The experience also takes part in trading because with having experience, you will know how to analyze the coin before you trade.
But unfortunately, not all people who can be willing to learn more about making money from crypto.
People just think that if they use big money to invest in crypto, they will make a big return in the future, but the fact is not like that.
Holding the coin is not as easy as we think because the crypto price will be too volatile, and not many people can have a strong heart to hold their coins.
Trading can be the other solution to make money from crypto, but there are many requirements that you need to have before you can make a profit.
You need to have skills in trading by learning from many lessons to make a profit.
The experience also takes part in trading because with having experience, you will know how to analyze the coin before you trade.
Training using a demo account is the same as using a rubber woman for lovemaking. In a real situation, and especially if you will trade using large amounts of money, everything will not be quite the same as when you train with a demo account. For this reason, I would advise you to train with small amounts rather than using a demo account. Train in reality, but limit yourself to, for example, the size of the deposit - no more than $ 20-50.
That's a good analogy, it is accurate and direct to the point.
You need to use a demo account in order for you to know how trading works, so that you will not be shocked when you are in a real situation. Sometimes, the reason why newbies are losing a lot of money is because they engaged in trading without even learning how to do it. It is not only a training, it is about learning how to adapt depending on the market situation. Once you know how it works, you can now trade freely with knowing how to deal with risks.
Nice observation OP. Yes, I totally agree with you that earning profit in cryptocurrency is to invest in it long term. This is a high chance in earning profit because market of cryptocurrency always grows timely just like gold and tha is one wnderful thing about having bitcoin. Day trading would seem also good but like you OP I would require a demo acount and to chose a good platform for this. However, I will not recommend day trading for this is a waste of time and money from the fees that will be taken every transaction. However, short term hold will do and that help you to earn more.
You may feel lost, but you are certainly not out of place here on the beginner's board, and I would like to welcome you to the forum.
Very detailed advice coming from an experience user like yourself. Also I admire your generosity but it seems it has all gone to waste as the user has been banned from the forum. I was looking through the account and it hasn't posted since the 26th (last post was this topic) then noticed the account was active on the 27th. Wondering why the inactivity I decided to search the account through the BPIP service and saw the user is autobanned.
Link: https://bpip.org/Profile?id=2440452 auto ban mostly has to do with plagiarism (as I have read on the forum) so that could be the reason behind the user getting banned. Your advice though still has its impact on other as I took it to heart.
The easiest way to earn Crypto for the regular person is Blurt.blog, Hive.io and Steemit.com
Dollar-cost averaging (DCA) is the answer. You will have less excitement, but will invest consistently, profit from the lows, and since we expect the price to ultimately be much higher than today, even the buys at a high price will be worth it in the end.
@OP
I gave you 10 merits for your honesty in saying that you feel lost and out of place, and to encourage you to build your knowledge of Bitcoin and crypto. You may feel lost, but you are certainly not out of place here on the beginner's board, and I would like to welcome you to the forum.
Don't fall into the trap of believing that the only way to succeed in crypto is as a forex trader, or a sig spammer. You can build a crypto wallet by accepting selected coins in payment for online sales, and you can receive crypto payments as a reward for content production and other services.
If you are going to try day trading, then I would suggest that you choose a coin that is volatile, and entering a bull market. Bitcoin is a good example in my opinion. Don't use gearing ( leverage ), and don't make uncovered bets. I've made small profits from scalping, and haven't made any losses in real terms, although I have made some notional losses by selling too soon. Learn about candles and wicks, and see if you could make a profit by anticipating the wicks. Don't speculate any money until you are confident that you can guess price movements well enough to make a profit.
I gave you 10 merits for your honesty in saying that you feel lost and out of place, and to encourage you to build your knowledge of Bitcoin and crypto. You may feel lost, but you are certainly not out of place here on the beginner's board, and I would like to welcome you to the forum.
Don't fall into the trap of believing that the only way to succeed in crypto is as a forex trader, or a sig spammer. You can build a crypto wallet by accepting selected coins in payment for online sales, and you can receive crypto payments as a reward for content production and other services.
If you are going to try day trading, then I would suggest that you choose a coin that is volatile, and entering a bull market. Bitcoin is a good example in my opinion. Don't use gearing ( leverage ), and don't make uncovered bets. I've made small profits from scalping, and haven't made any losses in real terms, although I have made some notional losses by selling too soon. Learn about candles and wicks, and see if you could make a profit by anticipating the wicks. Don't speculate any money until you are confident that you can guess price movements well enough to make a profit.
Investing is better suited if you have a large amount of free money available, also when you have a good monthly income that will be able to cover all your costs and expenses even if your investment will not give no income.
And trading is just the place where a beginner can try his hand, but you do not need to immediately rush into battle and trade using large amounts of money. You should always start with very small amounts.
And trading is just the place where a beginner can try his hand, but you do not need to immediately rush into battle and trade using large amounts of money. You should always start with very small amounts.
i am newbie in crypto, i do an idena project to earn iDNA for several month.. but just that, i dont even know how to earn other crypto coin..
hope i can got some other project in here
hope i can got some other project in here
Cryptocurrency is more of a serious business than just involving without good sources of information and knowledge about the world of Cryptocurrency. It’s better to get good knowledge about Cryptocurrency so one won’t invest in a scam site or trade with the wrong people. Cryptocurrency is a digital platform for traders and investors and it’s also attracts lots of scam activities so in dealing with Cryptocurrency you should gain enough knowledge and experience to avoid loosing all your seeds to scammers.
With crypto you can get huge returns. However, it doesn't come easy, in a split second you could get or loose a large amount of money. This means crypto trading is exciting, and it can be very difficult to keep peace in mind under heavy pressure.
The easiest way of making money in crypto is investing longterm. Rather than trading you can buy coins, hold them in your wallets untill the price appreciates and you sell and make your profit. Of course you have to make some research about the coin, and be convinced it has potentials before investing in them.
Another way you can invest is day trading, which is a trading strategy where investors buy and sell orders for multiple times in one day. This requires more knowledge and skills. I suggest you use a demo account.
With your advises I think you are in crypto scene for long.The easiest way of making money in crypto is investing longterm. Rather than trading you can buy coins, hold them in your wallets untill the price appreciates and you sell and make your profit. Of course you have to make some research about the coin, and be convinced it has potentials before investing in them.
Another way you can invest is day trading, which is a trading strategy where investors buy and sell orders for multiple times in one day. This requires more knowledge and skills. I suggest you use a demo account.
It is not a trusted advise if you only join crypto scene in one week or one month. In short period, you can get huge profit or huge loss but you won't never experience all emotional challenge in crypto market.
You should store your bitcoin in your wallet, not store them on exchanges but the wallet you use must be a non-custodial wallet. In addition, you have to secure your wallet private key or mnemonic seed as much safely as possible. I have same advise for you with backups.
Jump to: