Help a Beginner to understand... - page 11.

Chachacoin17

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Quote from: barbara44 on April 23, 2018, 06:35:23 AM

Quote from: jwenbu on April 22, 2018, 01:43:35 AM

Quote from: greed001 on February 01, 2018, 08:25:35 PM

Hello guys...

I have diversified my portfolio to about 25 different cryptos which were worth about 7000-8000$ just before the bitcoin crash came and I am wondering whats the exact reason behind this, when or will it recover (and so the alt coins I hold, don't have any bitcoin).

Why do almost all alt coins crash because of the bitcoin crash or correction?

My portfolio is worth only 4000$ atm.

Sorry for being an beginning idiot and asking this and thanks for everybody who can explain it to me

Cryptocurrecny is very unpredictable we never know what happen in every hour or a day but one thing i will suggest to you is to hodl your bitcoin until you reach your target price or atleast you get what price you wants. Ups and down is a normal in crypto.

This must be taught to a person who is newcomer to this field. This is really bad to see such people coming from different backgrounds and jumping the practical field without getting proper knowledge. That is why such scenarios are there to be seen where people are just getting panicked and selling all what they have for such low prices because they think this is the end.

Beginners have to be well-informed about crypto, and as bitcoiners e can be an instrument to help these people. But first we have to test their willingness and passion to check if they can survive the challenge. It very important to introduce the advantages and disadvantages, its risks and how to manage patiently, giving tips and pieces of advice. Significantly, they also have to help themselves and be able to build their positivity, patience, and determination to succeed.

Jessy Mediola

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Quote from: greed001 on February 01, 2018, 08:25:35 PM

Hello guys...

I have diversified my portfolio to about 25 different cryptos which were worth about 7000-8000$ just before the bitcoin crash came and I am wondering whats the exact reason behind this, when or will it recover (and so the alt coins I hold, don't have any bitcoin).

Why do almost all alt coins crash because of the bitcoin crash or correction?

My portfolio is worth only 4000$ atm.

Sorry for being an beginning idiot and asking this and thanks for everybody who can explain it to me

I think the best way to help those beginners is let them know what is bitcoin first. Give them information about bitcoin it includes how to use bitcoin, how to earn bitcoin, how to rank up, what are the different ways to get income through btc and etc. Beginners must be familiar in btc before they enter. They can see all the answer by search or exploring in forums.

futureofeth

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Quote from: barbara44 on April 23, 2018, 06:35:23 AM

Quote from: jwenbu on April 22, 2018, 01:43:35 AM

Quote from: greed001 on February 01, 2018, 08:25:35 PM

Hello guys...

I have diversified my portfolio to about 25 different cryptos which were worth about 7000-8000$ just before the bitcoin crash came and I am wondering whats the exact reason behind this, when or will it recover (and so the alt coins I hold, don't have any bitcoin).

Why do almost all alt coins crash because of the bitcoin crash or correction?

My portfolio is worth only 4000$ atm.

Sorry for being an beginning idiot and asking this and thanks for everybody who can explain it to me

Cryptocurrecny is very unpredictable we never know what happen in every hour or a day but one thing i will suggest to you is to hodl your bitcoin until you reach your target price or atleast you get what price you wants. Ups and down is a normal in crypto.

This must be taught to a person who is newcomer to this field. This is really bad to see such people coming from different backgrounds and jumping the practical field without getting proper knowledge. That is why such scenarios are there to be seen where people are just getting panicked and selling all what they have for such low prices because they think this is the end.

Exactly, it is an unpredictable Job with the Bitcoin because we don't how the price of Bitcoin is going to be in the next day, so be prepared well before purchasing Bitcoin because you need to set your desired target for Bitcoin profit. Without reaching the desired target it is not good for selling them below price and it will clearly indicate your patience.

miltonpogi

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Every beginner should understand how cryptocurrency works, they need to understand the basic idea and process in working with BTC to avoid a banned account and to avoid also sacammers, when a beginner master this process it will help him or her a lot in making income.

ratatat bangbang

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Quote from: nakamura12 on February 01, 2018, 11:17:34 PM

I'm a beginner so i can't teach to another beginner if only i am not a beginner i would like to share some knowledge on how to earn profit through any crypto coin as long as i have knowledge of it.

Same here, I read alot and research in that way I learn and know bitcoin very well.

barbara44

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Quote from: jwenbu on April 22, 2018, 01:43:35 AM

Quote from: greed001 on February 01, 2018, 08:25:35 PM

Hello guys...

I have diversified my portfolio to about 25 different cryptos which were worth about 7000-8000$ just before the bitcoin crash came and I am wondering whats the exact reason behind this, when or will it recover (and so the alt coins I hold, don't have any bitcoin).

Why do almost all alt coins crash because of the bitcoin crash or correction?

My portfolio is worth only 4000$ atm.

Sorry for being an beginning idiot and asking this and thanks for everybody who can explain it to me

Cryptocurrecny is very unpredictable we never know what happen in every hour or a day but one thing i will suggest to you is to hodl your bitcoin until you reach your target price or atleast you get what price you wants. Ups and down is a normal in crypto.

This must be taught to a person who is newcomer to this field. This is really bad to see such people coming from different backgrounds and jumping the practical field without getting proper knowledge. That is why such scenarios are there to be seen where people are just getting panicked and selling all what they have for such low prices because they think this is the end.

dynospytan

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Activity: 364

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Quote from: greed001 on February 01, 2018, 08:25:35 PM

Hello guys...

I have diversified my portfolio to about 25 different cryptos which were worth about 7000-8000$ just before the bitcoin crash came and I am wondering whats the exact reason behind this, when or will it recover (and so the alt coins I hold, don't have any bitcoin).

Why do almost all alt coins crash because of the bitcoin crash or correction?

My portfolio is worth only 4000$ atm.

Sorry for being an beginning idiot and asking this and thanks for everybody who can explain it to me

Bitcoin has big role also why some coins in digital cryptocurrency are falling. The reason there is because some people were dumping their coins or bitcoin because they were panicked. Another one is, some people who are wealthy has a ability to manipulate the price of bitcoin and the other digital cryptocurrency that's why if you notice that the prices of each coins are changing. In order for you to learn, this kind of topic is one way to learn about how digital cryptocurrency works.

vagos

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Obviously you know nothing about investing or trading and you are getting worried about it. In investing you should know its fundamental basic and its risk. You should accept the risk before you step on to it. And remember invest what you can afford to lose.

blue_nexus15

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Follow me on youtube to learn those who go before the share a lot. Their knowledge of sharing is very rewarding and they have been around for years on the market. So let's learn them better.

Ashimwe

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Helping new people to understand bitcoin is really good because it even drives more people to the industry... it's good to always but few and solid coins when you are new and hold for a long period of time

Happydd

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You are new to the first bitcoin. You need a basic understanding of them. This is a valuable digital currency that is exchanged through the network. It is not prohibited by law or by anyone or by their safety. Investing in it you can become a billionaire or proletarian.

jwenbu

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Quote from: greed001 on February 01, 2018, 08:25:35 PM

Hello guys...

I have diversified my portfolio to about 25 different cryptos which were worth about 7000-8000$ just before the bitcoin crash came and I am wondering whats the exact reason behind this, when or will it recover (and so the alt coins I hold, don't have any bitcoin).

Why do almost all alt coins crash because of the bitcoin crash or correction?

My portfolio is worth only 4000$ atm.

Sorry for being an beginning idiot and asking this and thanks for everybody who can explain it to me

Cryptocurrecny is very unpredictable we never know what happen in every hour or a day but one thing i will suggest to you is to hodl your bitcoin until you reach your target price or atleast you get what price you wants. Ups and down is a normal in crypto.

darefreads

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Activity: 518

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Yes of course helping a begginer to understand is what I'm doing when people ask me about it but somehow I don't focus into them because I have work to do sometimes that's why begginers must be more patience of getting some knowledge of things like this and like that to learn more in bitcoin. and I hopw they will not stop in that kind of person like me in asking their needs but I know that it is easy to understand if they are going to focus in learning.

Bountyx1

newbie

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Everyone has such a situation, who at times did not come out of the altcoins. My deposit dipped 3 times. But I do not despond, I'm sure that the altcoins-spring will come. A matter of time. Wink

worle1bm

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Quote from: greed001 on February 01, 2018, 08:25:35 PM

Hello guys...

I have diversified my portfolio to about 25 different cryptos which were worth about 7000-8000$ just before the bitcoin crash came and I am wondering whats the exact reason behind this, when or will it recover (and so the alt coins I hold, don't have any bitcoin).

Why do almost all alt coins crash because of the bitcoin crash or correction?

My portfolio is worth only 4000$ atm.

Sorry for being an beginning idiot and asking this and thanks for everybody who can explain it to me

I exactly know how it feels to when the price crashes and you have bought at higher pricee because i have also witnesses the same situation but staying calm and avoiding all the negativity helps the best instead of getting panic and selling at the dump because hodling will give profits when market recovers.Yes the prices of most of the alts or considerably all the cryptos depends on btc because most of the people exchange their coins for btc in order to covert it into cash but have faith it will recover soon.

HiringYou

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Yes we should help the beginners to understand the concept of bitcoin. Nobody is born perfect. A guide or a mentor is must for a new comer in each and every field ,same is the case with bitcoin. Tell them the ways to invest and at what time they should sell or purchase bitcoin. Tell them about the virtual nature of bitcoin.Guide them properly so thay they further guide other people and more and more people will invest in it.More will be the people more will be the chances of profit.When i was a fresher i was continously guided by my brother and due to that i am able to earn maximum profit from bitcoin.

yanlap

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Quote from: michellee on April 13, 2018, 12:45:59 AM

Quote from: The_Dark_Knight on April 12, 2018, 09:19:58 PM

Quote from: dharnamonitor on March 31, 2018, 05:45:27 AM

Almost half of your total investments have gone, that's the hardest thing for an investor like you but we can't do anything about it, maybe just hold it for a longer time. If I were you, I would start by just investing on atleast 5 cryptocurrencies instead of 25 currencies

Losing money should always be an outcome that you should consider when you are investing but the problem is that people are very positive and too confident about their skills they think there is no way for them to lose and when that happens they are not really prepared for it, those people are not really ready to become investors and they should stop until they understand that any investment always has risks.

having a positive and confident is necessary especially if we want to try to invest our money but we need to realize our capability in trading and investment itself and we want to learn many things related in investment so we can use our skills to make a profit. loss and profit will always come to us no matter how good our skills and only prepare that we can do to be ready if there are any worst scenario that might be happening in our investment journey. so if we want to become an investor, we need to prepare our self for everything.

Investment is not as difficult as trading and even with a little research, a person can come to a right decision. I would personally recommend trying out bitcoin and it should be the top priority of every investor because only this asset is capable of yielding high profit in the shortest time. Knowledge is the most important weapon in the world of digital currencies and it can save a person from big blunders.

Kizaki

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Quote from: greed001 on February 01, 2018, 08:25:35 PM

Hello guys...

I have diversified my portfolio to about 25 different cryptos which were worth about 7000-8000$ just before the bitcoin crash came and I am wondering whats the exact reason behind this, when or will it recover (and so the alt coins I hold, don't have any bitcoin).

Why do almost all alt coins crash because of the bitcoin crash or correction?

My portfolio is worth only 4000$ atm.

Sorry for being an beginning idiot and asking this and thanks for everybody who can explain it to me

Most altcoin crashes when bitcoin crashes is just because bitcoin is treated as the main currency. Most altcoins are paired with either bitcoin or ethereum, so that is why most people sell their altcoin to either get more bitcoin or to avoid losses.

Awraawra

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Activity: 338

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Quote from: greed001 on February 01, 2018, 08:25:35 PM

Hello guys...

I have diversified my portfolio to about 25 different cryptos which were worth about 7000-8000$ just before the bitcoin crash came and I am wondering whats the exact reason behind this, when or will it recover (and so the alt coins I hold, don't have any bitcoin).

Why do almost all alt coins crash because of the bitcoin crash or correction?

My portfolio is worth only 4000$ atm.

Sorry for being an beginning idiot and asking this and thanks for everybody who can explain it to me

actually i am not a perfect person to know everything about bitcoin everyday or any day i just do my work here in bitcoin and i am just listening for what they are telling about bitcoin.so if you want to learn more just search or ask the adults for better,and understand everything.

michellee

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Activity: 2604

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Quote from: The_Dark_Knight on April 12, 2018, 09:19:58 PM

Quote from: dharnamonitor on March 31, 2018, 05:45:27 AM

Almost half of your total investments have gone, that's the hardest thing for an investor like you but we can't do anything about it, maybe just hold it for a longer time. If I were you, I would start by just investing on atleast 5 cryptocurrencies instead of 25 currencies

Losing money should always be an outcome that you should consider when you are investing but the problem is that people are very positive and too confident about their skills they think there is no way for them to lose and when that happens they are not really prepared for it, those people are not really ready to become investors and they should stop until they understand that any investment always has risks.

having a positive and confident is necessary especially if we want to try to invest our money but we need to realize our capability in trading and investment itself and we want to learn many things related in investment so we can use our skills to make a profit. loss and profit will always come to us no matter how good our skills and only prepare that we can do to be ready if there are any worst scenario that might be happening in our investment journey. so if we want to become an investor, we need to prepare our self for everything.

Topic: Help a Beginner to understand... - page 11. (Read 2210 times)