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Topic: Help a Beginner to understand... - page 5. (Read 2209 times)

newbie
Activity: 182
Merit: 0
May 07, 2018, 08:35:16 AM
I am a beginner, I can only suggest that we continue to learn Bitcoin so we will not be confused later. more membca is one way to understand this Bitcoin. And that we can get from the Internet, from other Bitcoin sites. And actually in this Forum is also full of Science Bitcoin and Cryptocurrency, if we want to look for it.
full member
Activity: 602
Merit: 100
May 07, 2018, 08:14:45 AM
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

What can I say? But I will say it’s your bad luck that you bought coins before crashing of market & in the February it was a big crash which is recovering slowly.
So I think don’t be sell panicky your coins now & just hold them….you will recover your loss, will make profit as well.
full member
Activity: 238
Merit: 100
May 06, 2018, 04:24:21 PM
I also am a beginner though I have some altcoins on my possession. As much as we want the answer as to when bitcoin will rise again but we don't have the exact answer for that hence it would be best if you hold your altcoins for now and try checking again on the 3rd or 4th quarter of the year.
hero member
Activity: 2408
Merit: 584
May 06, 2018, 04:19:57 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
We have to understand is cryptocurrency using the concept of decentralization so it is common for roller coaster prices, even if you do not have bitcoin but it can be said that the parent of all coins is bitcoin so when the price drop then the price of the other coin will drop and vice versa.
Decentralization is one of the features of bitcoin but definitely not all the crypto coins. Due to this bitcoin does not comes under anyone’s control. People can enjoy financial freedom in true sense with owning bitcoin. Other than this, bitcoin is the most volatile currency due to lack of supply and ever increasing demand. Anyone who understand this currency can survive easily in digital market.
sr. member
Activity: 700
Merit: 250
May 06, 2018, 08:44:02 AM
Let us help beginners to deepen the bitcoin. In order for bitcoin more and more known and many users, and will be many people who invest in bitcoin.
as someone who has long followed bitcoin, and we understand about bitcoin, then we should be able to give some knowledge we have to people who are still learning.
newbie
Activity: 89
Merit: 0
May 06, 2018, 08:24:50 AM
I think as a mother of all crypto currencies (BITCOIN)
If btc has been decrease its value for sure some altcoin also.dropping its value.
So.we need to be more focusing to.btc than to any altcoin.
member
Activity: 181
Merit: 10
May 06, 2018, 08:10:23 AM
Let us help beginners to deepen the bitcoin. In order for bitcoin more and more known and many users, and will be many people who invest in bitcoin.
member
Activity: 798
Merit: 10
May 06, 2018, 06:17:10 AM
As an investor is a funny thing if we do not understand, what you do without knowledge then it is like speculation and I hope that you have to learn the details before putting money on cryptocurrency.
newbie
Activity: 154
Merit: 0
May 06, 2018, 06:03:06 AM
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

Because they are just "alternative" coin. They were born to replace bitcoin. You know Bitcoin is not perfect. It have many weakness. Altcoins is better version of Bitcoin. Although altcoin is better than bitcoin, but bitcoin has been available since the early days of cryptocurrency. So Bitcoin have huge community, and many people have faith in it. To develop, altcoin have to depend on bitcoin price.
Bitcoin is the first, the best coin now. The number of people investing in bitcoins symbolizes the trust of people in cryptocurrency. Bitcoin go down, the faith in cryptocurrency decreases. It's easy to understand why altcoin go down after bitcoin falling.

member
Activity: 266
Merit: 15
May 06, 2018, 05:56:12 AM
I have a lot of videos on youtube that guide newcomers to Crypto. In my videos, I have conveyed a lot of knowledge and mistakes to the newbie
hero member
Activity: 1139
Merit: 500
May 06, 2018, 05:46:55 AM
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
When bitcoin drops then it will follow by the alts because bitcoin is still the basis of all crypto currencies, You need to hold your coins until it recover and put more patience to generate profit, and I think the main reason why bitcoin dumps in the last few months because of the FUD or negative news about bitcoin. So better to ignore those thing and lets continue to support bitcoin.
He doesn`t have any other choice in this moment except holding and waiting for price to recover. There are many possible reasons why prices dropped so hard, I will not try to clear that messy situation, but if anyone wish to hold for a long time should stop reading news, forget about them, turn off all notifications, lock your wallet and wait for years. Reading news will just make you nervous, news will make you to sell in panic just to save some money, but in the end we all know prices will recover and make some new all times high.
As a beginner, I know and understand how it truly feels to be part of the world where everything is not familiar to me. At first, I was very doubtful, afraid of the  possibilities, and was not sure where I would be headed. But as time goes by, with the support, and pieces of advise I received from my colleagues and the people in this forum, I realized how important it is if we all help each other. Signature campaign is a platform to just let every voice asking for help, and every concern be heard. My advise for beginners is to study, learn, explore and most importantly keep the right attitude. It takes positive attitude to procure positive results.
member
Activity: 1078
Merit: 12
May 06, 2018, 04:51:57 AM
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
We have to understand is cryptocurrency using the concept of decentralization so it is common for roller coaster prices, even if you do not have bitcoin but it can be said that the parent of all coins is bitcoin so when the price drop then the price of the other coin will drop and vice versa.
hero member
Activity: 1694
Merit: 502
★Bitvest.io★ Play Plinko or Invest!
May 06, 2018, 04:19:04 AM
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
When bitcoin drops then it will follow by the alts because bitcoin is still the basis of all crypto currencies, You need to hold your coins until it recover and put more patience to generate profit, and I think the main reason why bitcoin dumps in the last few months because of the FUD or negative news about bitcoin. So better to ignore those thing and lets continue to support bitcoin.
He doesn`t have any other choice in this moment except holding and waiting for price to recover. There are many possible reasons why prices dropped so hard, I will not try to clear that messy situation, but if anyone wish to hold for a long time should stop reading news, forget about them, turn off all notifications, lock your wallet and wait for years. Reading news will just make you nervous, news will make you to sell in panic just to save some money, but in the end we all know prices will recover and make some new all times high.
jr. member
Activity: 350
Merit: 2
May 06, 2018, 03:53:13 AM
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

We will help him as long as you can, or give tips or little knowledge to understand it, and some knowledg
full member
Activity: 322
Merit: 100
May 06, 2018, 03:05:25 AM
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
When bitcoin drops then it will follow by the alts because bitcoin is still the basis of all crypto currencies, You need to hold your coins until it recover and put more patience to generate profit, and I think the main reason why bitcoin dumps in the last few months because of the FUD or negative news about bitcoin. So better to ignore those thing and lets continue to support bitcoin.
member
Activity: 322
Merit: 25
“OPEN GAMING PLATFORM”
May 05, 2018, 03:55:36 PM
A lot of questions and searching all the information about bitcoin and cryptocurrency will make us immediately understand, initially I was also confused with bitcoin but I often actively looking for a video that discuss about bitcoin and make me understand.




To understanding a bitcoin its good if you have a friends or people know about bitcoin so that you can ask about bitcoin like me i ask on my friends what is bitcoin so that my friends explain me what is bitcoin so that i have a little bit of knowledge of bitcoin and im researching also what is bitcoin so that i have a add also of my knowledge about bitcoin.as a begginer that i do so that i understand a little bit of bitcoin.
sr. member
Activity: 588
Merit: 253
May 05, 2018, 02:54:33 PM
A lot of questions and searching all the information about bitcoin and cryptocurrency will make us immediately understand, initially I was also confused with bitcoin but I often actively looking for a video that discuss about bitcoin and make me understand.
newbie
Activity: 79
Merit: 0
May 05, 2018, 01:09:21 PM
Holding too many coins will drain you too much attention, and altcoin will drop faster than bitcoin in the process of falling. So I suggest that you try to hold bitcoins and ETH as much as possible, and try not to exceed five kinds of coins, which may be good for your judgement.
full member
Activity: 251
Merit: 100
May 05, 2018, 11:14:54 AM
As a beginner like you my friend just do a research then try to give your time to read the different post in forum activities to make yourself more knowledgeable and follow the regulation.
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