Topic: Best Advice for Newbies - page 3. (Read 1362 times)
Earning bitcoin requires patience and focus so if you want to earn like us specially here in signature campaign you must focus on upgrading your rank and of course have a good sense of humor do you can catch up with the topic. Keep in mind your goal so you are always motivated
Keep your bitcoins private key safe and hold it for long term.
You won't be able to buy it cheaper 5 years from now.
You won't be able to buy it cheaper 5 years from now.
Pick up a good book on Bitcoin and truly get to understand the technology. You could even read the original white paper if you'd like (https://bitcoin.org/bitcoin.pdf).
In my opinion, understanding how the Bitcoin & Blockchain technology works is crucial towards making good decisions with it, especially as an investment.
Also, you could skip the book and check out a few good Bitcoin related documentaries if you want. Lucky for you, I've already compiled a comprehensive list.
https://www.smartbitcoininvestments.com/bitcoin-documentary-list/
In my opinion, understanding how the Bitcoin & Blockchain technology works is crucial towards making good decisions with it, especially as an investment.
Also, you could skip the book and check out a few good Bitcoin related documentaries if you want. Lucky for you, I've already compiled a comprehensive list.
https://www.smartbitcoininvestments.com/bitcoin-documentary-list/
The best thing you should do is to take time reading here in this forum. Gather more information and read all the dos and donts for newbies. There are thread for newbies and you can go in to it. There were also instruction on how to earn bitcoin. I suggest that you try to rank up and just keep on joining the discussion. You dont have to post in any thread, all similar question in your mind can be seen on the beginner's thread . You're on the right track, keep learning.
Don't take my advice, don't take anybody's advice, do your own research and make decisions on that basis ONLY. A lot of people offering bitcoin investment advice are doing so on a self-serving basis. ie. Don't buy bitcoins now, because they want to keep the price low, or do buy bitcoins now if they want to pump and dump. Long Term bitcoins will have one of two outcomes - they will either be extremely successful, in which case the smallest investment in bitcoins could make you extremely rich, or they will be dead in the water and worth nothing. Finally, only invest what you can afford to lose, in bitcoins. Or more to the point, never invest more than you can afford to lose in bitcoins, because there is a good chance you will lose everything.
Hi! I'm a new member here. And i really love to learn more about bitcoin.
What are the best advice you guys can give for newbies like us?
Thanks in Advance 🙂
What are the best advice you guys can give for newbies like us?
Thanks in Advance 🙂
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