Bitcoin- Beginners fear for exploration - page 2.

KingsDen

legendary

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Goodnight, o_e_l_e_o 🌹

Quote from: Othellobit on March 09, 2023, 09:59:25 AM

I have a friend who speaks so much about how good he's life has become ever since he explored the world of BTC and other crypto currency.

Does a friend of yours speak so much of how his life has become much better ever since he joined bitcoin?
If yes, have you also witnessed what he said to you?
Does his life actually improve after he joined Bitcoin?
Or is he just saying sweet words to entice you to join Bitcoin?

I think the later is meaningless because bitcoin is not a Ponzi scheme and is not a referral program. Whether you join bitcoin or not, it does not add anything to his success and neither does it subtract. So you have to meet your friend to know more about bitcoin. It is not all about earning you have to learn first before you earn.
Try and read the books shared to you by dzungmobile

Othellobit

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Quote from: Doan9269 on March 09, 2023, 10:23:56 AM

Quote from: Othellobit on March 09, 2023, 09:59:25 AM

I have a friend who speaks so much about how good he's life has become ever since he explored the world of BTC and other crypto currency. I also have the desire to get the benefits of Bitcoin and other crypto currency. but as a newbie, I still have this fear that I may not be able to withstand the risk involved. Can anyone advice me on this?

You'd better learn to take risk if you want to make something different from what you've been having, but you can minimize this risk by going for bitcoin first being a newbie, then later when you think you've got a thicker skin in crypto and in taking risk you can go for some other cryptocurrencies as well, but everything begins with a step, take the first and bold step to learn and know that you've acquired something about bitcoin before investing, if you ask your friend again, he will tells you how long he has been in the system and the level of risk he had taken, before getting to where he is now.

Thanks so much... I so much long to understand bitcoin very well and will love to invest and enjoy it's benefits. You have made a clear point. But u have spoken about minimizing risk, and in other to do that you recommended Bitcoin. Do u mean there is lesser or no risk in Bitcoin compared to other crypto?

examplens

legendary

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Crypto Swap Exchange

Quote from: Othellobit on March 09, 2023, 09:59:25 AM

I have a friend who speaks so much about how good he's life has become ever since he explored the world of BTC and other crypto currency. I also have the desire to get the benefits of Bitcoin and other crypto currency. but as a newbie, I still have this fear that I may not be able to withstand the risk involved. Can anyone advice me on this?

if he is your good friend, why didn't he share his experience with you and guide you in more detail? I have met various braggarts, I hope he is not like that.

there are many possibilities in the bitcoin/crypto world and it is very complicated for anyone to list the full potential. It is certainly the best advice to learn about everything before taking any steps.
Also, if you got interested only because of the possibility of getting rich and living comfortably, I'm afraid you will be disappointed. Several factors are needed for that.

Doan9269

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Quote from: Othellobit on March 09, 2023, 09:59:25 AM

I have a friend who speaks so much about how good he's life has become ever since he explored the world of BTC and other crypto currency. I also have the desire to get the benefits of Bitcoin and other crypto currency. but as a newbie, I still have this fear that I may not be able to withstand the risk involved. Can anyone advice me on this?

You'd better learn to take risk if you want to make something different from what you've been having, but you can minimize this risk by going for bitcoin first being a newbie, then later when you think you've got a thicker skin in crypto and in taking risk you can go for some other cryptocurrencies as well, but everything begins with a step, take the first and bold step to learn and know that you've acquired something about bitcoin before investing, if you ask your friend again, he will tells you how long he has been in the system and the level of risk he had taken, before getting to where he is now.

dzungmobile

sr. member

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I stand with Ukraine!

Quote from: Othellobit on March 09, 2023, 09:59:25 AM

I have a friend who speaks so much about how good he's life has become ever since he explored the world of BTC and other crypto currency.

Don't believe him if he only talk about his success. Cryptocurrency market is not a heaven for everyone.

Quote

I also have the desire to get the benefits of Bitcoin and other crypto currency. but as a newbie, I still have this fear that I may not be able to withstand the risk involved. Can anyone advice me on this?

As a newbie, learn with Bitcoin first.
Investing in Bitcoin first.

After about four years and get good profit with Bitcoin investment, you can use 10% of it to start Spot trading. Don't use margin.

Do never use all your money for altcoin investment or trading with altcoins. They will make you poorer.

Read books.
The Internet of money
https://www.amazon.com/Internet-Money-Andreas-M-Antonopoulos/dp/1537000454
The little Bitcoin book https://www.amazon.com/Little-Bitcoin-Book-Matters-Finances/dp/1641990503
Mastering Bitcoin https://github.com/bitcoinbook/bitcoinbook

Othellobit

jr. member

Activity: 36

Merit: 1

I have a friend who speaks so much about how good he's life has become ever since he explored the world of BTC and other crypto currency. I also have the desire to get the benefits of Bitcoin and other crypto currency. but as a newbie, I still have this fear that I may not be able to withstand the risk involved. Can anyone advice me on this?

Topic: Bitcoin- Beginners fear for exploration - page 2. (Read 204 times)