Topic: Crypto advice for newbie - page 8. (Read 4147 times)
Many beginners who enter without having qualified knowledge capital. at least have a basis that will be used as a guideline in order not easily influenced by others in crypto. so multiply just read any information that exists because it is important.
You should find out about the crypto market through websites, forums, books. After understanding everything, investing is easy to make a profit from.
You should start by buying the potential coin to HOLD. This is the safest way when you invest in crypto, while ICO, Mining, TRADE coin, is quite risky.
I think you should first learn encryption knowledge. Then take part in investing in crypto, you should be involved in two areas namely ICO and Hold coin top 30 coinmarketcap.
If you are new you should join the bounty & airdrop campaigns to get tokens free. From there you will earn some money to invest. So, when you lose money is not a problem, because you do not lose any money, all is free
I think the first thing you should learn is blockchain, crypto, ways to make money, investment with crypto. After mastering the knowledge you should practice with a small capital ($ 100)
What can be the best advice for a newbie due to the present market status on learning or investing?
Because the present market it's good to buy because it's affordable but if you are newbie in this kind of investing you need to know about crypto especially it comes to investment it's important you know the strategy how you can handle your investment in crypto and it's important you learn it.
If you don't know what to do with your portfolio the best thing is to hodl, that's a pretty solid strategy in this bear market, even though the movement is necessary for cryptos to be successful, I think a newbie losing all his money in a bad trade would not benefit anyone, so try hodl and buy a little if the price goes down more.
Newbies should join airdrops first and bounties to earn crypto and also watch videos about trading to get start trading.
Now I think beginners should wait and watch the movement of the market, as it is likely that the market can still go down and decrease by 10 percent. So now you just have to wait.
In my experience, it's better to take less companies and carefully do them than to take a lot of companies, and do not keep track of them)))
My advice - Do not listen to the advice of people in whose qualifications you are not sure of. A lot of people who do not know anything love giving advice
You do not need to wait forever for correction in the market - you can not wait. While newcomers are waiting for corrections to buy more cheaply, the crypto-currency market is growing and others are making time to double-triple the deposit.
What can be the best advice for a newbie due to the present market status on learning or investing?
According to me newbie who start their cryptocurrency carrier should start with bitcoin,because of bitcoin's impressive price. And bitcoin is popular and trusted too. I suggest them they should try signature campaign job because it is a regular source of income. I suggest newbie they should not try investment. Because bitcoin is a highly volatile currency. And they should learn and knows the market price, crisis and news about bitcoin before investing in bitcoin. They should try bitcoin mining and trading for better income.
It is necessary first to study everything well, to read the first reviews and so on - only then to start investing.
What can be the best advice for a newbie due to the present market status on learning or investing?
As a newbie you need so much patient as the key to success in cryptocurrency. Be active in participating different projects. But always remember before entering to an investment do some research about it to avoid scams..
first just learn a lot, try to "predict" future states of some coins and later if you feel confident enough, then invest
What can be the best advice for a newbie due to the present market status on learning or investing?
As a newbie you need so much patient as the key to success in cryptocurrency. Be active in participating different projects. But always remember before entering to an investment do some research about it to avoid scams..
As a newbie looking at all advice's given and from mentorship received, would also point out that PATIENCE and PERSEVERANCE is key in cryptocurrency, one doesn't necessary need to bump into one crypto deal or another without having to have a certain amount if knowledge about it. Also, someone who is knowledgeable in crypto can act as a mentor for you.
read a LOT, make your own research and always decide with a cold head
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