Topic: Helping a Beginner - page 7. (Read 914 times)
Remember bro never trust like for crypto signals in telegrams chat or others place which offer u for 200-300$ per months give a signals to trade to make u rich for 500-800% per months . Thats all shit dont trust them . Teach uself how to trade and start from micro money like 5-10$ dont trade for 200-300$ or 1k for start because u will make alot of mistakes on starts and will loose alot of money becose of that.
First of all it's great your friend wants to get into Crypto, be patient with him/her and remember we all started somewhere. The first piece of real advice I would give, and I would repeat this over and over, is to only invest what you can afford to lose. What I would also make clear is all the fees and at what point they occur. I've seen many people mess around transferring/buying/selling small amounts of btc and not realising the fees they incorporate. Then it would be worth setting your friend up on a friendly wallet, maybe something like Coinbase.
Someone I know wants to meet with me to talk about BTC and crypto.
want to get into it.
What would you recommend be the step 1? for them to approach?
want to get into it.
What would you recommend be the step 1? for them to approach?
Introduce first what is bitcoin and the purpose of Mr. Satoshi Nakamoto why is created bitcoin.
The importance of bitcoin and crytpocurrency to people all around the world and how their market value pump and dump.
teach them how to create wallet and what is it for? and tell them how to recieve and send tokens or bitcoin.
Someone I know wants to meet with me to talk about BTC and crypto.
want to get into it.
What would you recommend be the step 1? for them to approach?
want to get into it.
What would you recommend be the step 1? for them to approach?
I would suggest the first step is to make sure you really know it all, that guy is going to rely on your input so you should be careful with what you say. I would say choose a meeting at a bar where both of you're at ease.
Next step would be is to create pictorials for him to understand, make him aware of past and current scenarios. It would require more than one meeting and invite him here, he could earn some satoshi and good knowledge to start.
First u need find good utube blogger in cryptos
i known good ones only in russian sector but i known in english sectors it have too some good guys who will speak good things
teach blockchain at all how its work too its helpfull too !
good luck
i known good ones only in russian sector but i known in english sectors it have too some good guys who will speak good things
teach blockchain at all how its work too its helpfull too !
good luck
I agree with this! Because certain youtubers, “I will not go to mention names” Are just trying to say good things and good stuff about a certain Altcoins and not the possible negative about it, If your friend doesn't have any idea with Cryptocurrency yet then focus only in bitcoin for now, Well in the recent Bitconnect incident certain youtubers promote it so others would invest to it and yes it turns out to be just scam just always tel your friends that wants to invest in cryptocurrency to invest at their own risk, it is become more like a gambling thing because we can not know it a certain Altcoin will turn out just like bitconnect or the ICO might become bankrupt for certain issues, Just research more and read all their whitepaper, roadmap people involve in it and try to research for negative things about it before engaging in investing with it.
You should definitely encourage the person to learn a bit about the technical aspects of bitcoin, provided they have the necessary background. I've enjoyed "Mastering BTC" by Andreas Antonopoulus. You can read the book for free here: https://github.com/bitcoinbook/bitcoinbook
I think that the best way to introduce a newcomer to bitcoin will be to tell him what are the advantages of bitcoin against other fiat currencies, and to give him a small amount of bitcoin so he can buy something/ use it.
There is no better way of learning the system then actually using the system.
Let him send some coins, and then explain him that if he was doing the same transactions through his regular bank account it would be arrive in 2-3 days instead of few minutes, and it would have cost him much more then he paid for the bitcoin transaction.
There is no better way of learning the system then actually using the system.
Let him send some coins, and then explain him that if he was doing the same transactions through his regular bank account it would be arrive in 2-3 days instead of few minutes, and it would have cost him much more then he paid for the bitcoin transaction.
First u need find good utube blogger in cryptos
i known good ones only in russian sector but i known in english sectors it have too some good guys who will speak good things
teach blockchain at all how its work too its helpfull too !
good luck
i known good ones only in russian sector but i known in english sectors it have too some good guys who will speak good things
teach blockchain at all how its work too its helpfull too !
good luck
Firt, I would tell him that playing with Cryptos is a bit like gambling and that he should be aware of the risks. He should only invest what he can afford to lose. And before spending a dime, he should really investigate which coins are worth to buy. Also, I would mention that hodling is at least as profitable as trading but it is much easier to handle. All you need for hodl is patience. 
Also, I think he should become a member of this forum and read as much as possible to become a "feeling" for the cryto sphere.
Also, I think he should become a member of this forum and read as much as possible to become a "feeling" for the cryto sphere.
Someone I know wants to meet with me to talk about BTC and crypto.
want to get into it.
What would you recommend be the step 1? for them to approach?
want to get into it.
What would you recommend be the step 1? for them to approach?
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