Topic: Crypto advice for newbie - page 25. (Read 4147 times)
knowledge is important so researching about crypto is the best thing to do. this forum have many tips and guides as well as experience of people. also be positive all times and don't think negative.
What can be the best advice for a newbie due to the present market status on learning or investing?
Just learn more about cryptocurrency and don't trust to ICO ratings. Be sure that you made self research of project and it really attractive from your point of view. Also you must understnad than long term investments is more safe. What can be the best advice for a newbie due to the present market status on learning or investing?
I want to share something specially my experience in this kind of business if you are a newbie the first thing you should do is to know first the significant why crypto is created and research about the background of the crypto for you to have an idea. Second know the strengths and weaknesses of crypto for you to be ready if there will be up's and down in the market. Third and last you should have these attributes for you to survive and become sucessful the determination, persistence, perseverance and patience if you have this good attributes you will become successful and you will have a brighter future.
For me, it would be nice if you familiarize yourself how cryptocurrency works, what are its purpose, how it was being use for online payments and transactions, how it changes the price and what are those factors that changes the price of bitcoin and other altcoins. It would also be perfect if you start on doing your own research specially about security of your funds and wallets where to store your cryptocurrencies.
Are you this newbie or you are talking to other newbie? if you are the one that's on this situation and you see the market status as something bad. Change that mindset. Learn and invest at the same time but if you are not so sure of what you are doing, start learning the basics. But if you have some shed of what's happening to the market this is a good opportunity to do both at the same time.
My advice for beginners is bounty campaigns. It's work, work and work again. Also it is necessary to choose projects very carefully. And the main thing is to have patience. And wait for the time of the crypto and its price will go up. For beginners, who start trading, the main thing is not to trade on emotions.
The best advice for every newbie is to be calm and be theirself
Don’t hurriedly do anything
Nor hurriedly makendecisions
You need to be calm and positive
Avoid fud
Avoid fomo and gain more knowledge
Don’t hurriedly do anything
Nor hurriedly makendecisions
You need to be calm and positive
Avoid fud
Avoid fomo and gain more knowledge
Research, I mean it, do not react to anything too quickly. People will keep telling you this coin or that coin or its going up so fast or going down so fast. In crypto the people who do not react too quickly wins by a big margin.
Stay cool, calm down research what you want to do read as much as you can and sleep on it and the next day if you still want to do it than you can do it.
If you react too quickly and do something silly than you lose money, when you lose money it starts to look like not a good idea and you start to shy away from the market, the best thing that can happen to a newbie is to make money first, if you start with making money than if you lose money you will know that there is still chance to make it back but when you start with losing money than you start to wonder if its even possible to make any money from this.
Stay cool, calm down research what you want to do read as much as you can and sleep on it and the next day if you still want to do it than you can do it.
If you react too quickly and do something silly than you lose money, when you lose money it starts to look like not a good idea and you start to shy away from the market, the best thing that can happen to a newbie is to make money first, if you start with making money than if you lose money you will know that there is still chance to make it back but when you start with losing money than you start to wonder if its even possible to make any money from this.
What can be the best advice for a newbie due to the present market status on learning or investing?
First is observe is the market. Study the historical information of the market, and then learn how to read whitepapers, investigate the team, learn the trends in the market.
I have only one suggestion, Buy in drop and sell in only profit.... Prices are fluctuated every day. But don't scared one day you will get profit definitely.
First research about crypto , investment and market trend. Then after that, think and decide if you are ready to invest. If you are , start small and build from there.
This is a very important stage and this can develop or affect your interest more in crypto world due to the market status but the best advice will be to watch and learn so as not to rush to invest in the long line because there is more to learn before investing, I have seen people being in crypto for a while even invest in the wrong line just because lack of investigation. More so avoid silly mistakes so as to get your right tokens. Good luck.
I think the best cryptoconsultant is a forum. Here are real people with real life stories. And I think they will tell you how to act better than anyone else. And most important of what itself to protect
I just want to say them that patience is the key to success. don't get trapped in pumping groups. never thought you can be rich in one day. best of luck
Do not invest all your money by aiming for getting rich quickly. There are no any ways like that. If you want to invest then get the knowledge and experience by exchanging your idea with other members. If you want to trade then learn it well before doing anything. Although your rank is newbie I don't know what level of a knowledge you have. Best thing is to learn before doing anything.
What can be the best advice for a newbie due to the present market status on learning or investing?
There is one amazing quality you need in the cryptocurrency community, and that is patience, in this world you also need knowledge about the workings of the blockchain technology, so whatever you want to do whether trading, bounty campaign etc you must learn before you dive into the market.
My advice for crypto newbie is to try and work for at least a month then wait for your reward, all member here are here till make extra money
What can be the best advice for a newbie due to the present market status on learning or investing?
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