Topic: How did you start in CRYPTO WOLRD - page 3. (Read 1126 times)

I always do some research to understand the crypto world. I just wanted my money to be in a good place where I can have some profit, instead of spending them to some nonsense things. Thank you for your opinion sir.

i think starting in a trading while you are a newbie/beginner is not a practical move. thats a very risky move that you ever made, because in trading you are trying your luck with a high capital without assurance that you can earn more than your capital. i think try to get/gain more knowledge before you get through on that activity, the best ways are studying and rank up to earn BTC without risky moves in the future.

I started in Crypto World just like what you did, I was in Faucets too. After that, I tried to invest though not lucky since most of HYIP's just flew away taking our money. Right now, I was on trading and just taking it a step by step in learning.

I found bitcoin while I was trying to find a way to earn money online. There were these "autopilot" methods and things to make money but most we're closed and already over used many were fake and many were scams or simply a waste of time. Then I learnt about Bitcoin and was curious and did my research. I thought about buying some mining machines from butterfly labs when they had the monarch miners but I didn't because I didn't trust it and I was right because many people never got their miners they paid for and they wanted the money upfront. Then someone told me to come here and I have never looked back and been happy ever since.

I've got into trading thanks to a friend of mine, but I didn't know the market I was entering at all. Luckily I played safe and I've made small trades and a lot of test trades, taking notes and learning what to look for. I've watched TA tutorials on youtube and learned how to read the order book.
I think what helped me the most was a discord server dedicated to cryptocurrencies.
Also, following the news for the specific coin you want to trade is perhaps more important than technical analysis.

Thank you for some list of faucets, I'll try them even it gives a little amount of satoshis. I'll go for trading. Thank you for your opinion, this is a very big help for us beginners

ThankS for the tips sir. GREAT HELP for me. I will always keep this in my mind.

Buying crypto now, when we can be near of the bubble top is quite risky...

Going for making money is always the bad choice. This is a very very common mistake among beginners trying to get into this crypto space. Why not study first? Cryptocurrencies and blockchain technology isn't that easy to get into early on. It's going to take you time to read a bit.

Myself, I started everything with faucets. But it was few years ago, it was much easier to get decent amounts of btc from faucets. I recommend to stay away from gambling - it's not way of earning money. ICO's are also risky, I don't recommend it fir newbies. Mining requires big investments and it gives not very big returns. If you don't have cheap electricity and few thousands bucks - better not to start. And actually, you won't get btc from mining, you would mine altcoins.
Campaigns are great way to earn btc (or tokens), but you need higher forum rank. Some airdrops also can be worth attention. Trading is a great way of earning btc. But if you are planning to trade seriously, you need lot of knowledge. For start, try to read basics of trading, start to analyze crypto market. Investing money on altcoins can really bring you nice profit.

Faucets are one of the lowest paying ways to earn crypto - but they are one of the simplest ways. They are also a great way to learn about crypto before committing to spending your own hard earned cash and still give you exposure to this crazy world.
If you havent already gotten yourself some wallets - the Jaxx mobile multi wallet is a nice one to start with give you a few different alts as well as a btc address. Cryptonator is an online multi wallet also. But I wouldnt store large amounts of currency in either of these as they are not as secure as a wallet you create with a seed/passphrase etc.
If trading seems a bit "kkkeeeekekkk" (it still is for me after spending 5 minutes on etherdelta lol) some places to help you without having to spend hours trying to claim from faucets would be the CoinPot faucets for btc, ltc, doge and dash (moondash.co.in or moondoge etc) it has a no-timer claim, you can use your cpu to mine those currencies as well as bch, and convert the coins to one coin for free after they have built up a little. Its free to transfer them out also.
Another place to go is Eobot. It has a daily faucet and your can send altcoins from coinpot to it and start running the miner program. Its a cloud mining service and if you can fund it with a few coins here and there and the daily faucet claim you can generate a little free coins.
Other sites that I found fun included FaucetHub and Digital Artists Online and EarnCrypto.

But as Heretik said those sites won't earn you much for your time and effort. Earning 100 satoshis is kind of useless when $10USD can get you 121k btc satoshis and will take 2 minutes of time vs days lol.

Also, some people might be able to capitalise on an overnight success - but crypto's a long game - trying to figure out trading patterns as a beginner will probs give you sleepness nights and cost you too much in fees if u get it wrong - so again following Heretik's advise is pretty much the best investment option. Buy BTC, and a couple of promising alts - keep them in secure wallets you control and HOLD for a few yrs.

1) Don't leave your coins on an exchange.

2) Don't leave your coins on an exchange.

3) Most secure and convenient way: Buy a hardware wallet such as the Ledger or Trezor -- preferably directly from the producer's website.

4) Equally secure but slightly less convenient: Learn how to create a paper wallet or how to setup up cold storage using an air gapped device

5) Only as secure as your online device, so basically not at all: Desktop wallets such as Bitcoin Core, Electrum. Mobile wallets such as Mycelium. Web wallets such as Blockchain.info. I would not, under any circumstance, hold more than spare change on a device that is connected to the internet.

6) Don't leave your coins on an exchange.

That is the plan I am thinking about now. RANK UP while trading. WOW I am hoping that were gonna be sucessful in this stuff. Thank you for your opinion mate, BIG HELP FOR ME. THANKKKKK YOUU

That's a great comment. Could you please recommend some good resource about how to securely store digital coins? Thanks.

WOW. Thank you for your awesone tips sir. Anyways I always watch videos about securing my coins. I do know some respectable exhanges, but will work on how to read orders books and how limit / market orders work.
YES! I'll buy some worth investing altcoin gonna make a research about that.

THANKs for the link

ur start was same as me ,
i start from faucet then go trading ,

but my suggest Do not too long at faucet , because as i know faucet right know really really give u little of satoshi
another  suggest just try a faucet from non popular coin and hope that coin can be "dragon " for future .

try using ur real money and deposit to an exchanger , and learn about trading , that the best way for someone who wont do gambling

Learn how to securely store your coins first. Then familiarize yourself with some of the more respectable exchanges. Learn how to read order books and how limit / market orders work. Then buy yourself an amount of coins that you feel comfortable with, even if BTC loses all its value. Withdraw it to your wallet, forget about BTC for 4-5 years and profit once the next halving occurs.

Don't bother with faucets, they are a waste of time. Trade alts only if you feel like gambling. And read this:

https://bitcointalksearch.org/topic/general-how-to-earn-bitcoins-1629118

Goodevening. I've been studying and researching in CRYPTOCURRENCY for about 2 months now. I also found out this forum 1 month ago, and I found out that this forum has a lot of information about CRYPTO. I always read threads in this forum so that I can familiarize myself here. According to the articles and threads I read you can get some BTC thorugh mining, airdrops, trading, gambling, campaigns here in this group, faucets, gambling[risky],ICO[risky]

Can I have some ideas where to start? I am planning to go in Trading while doing some faucets for free sats. I am about to spend some pennies of mine to buy some altcoins in some of exhanges. IS THIS A PRACTICAL MOVE FOR ME AS A BEGINNER?? And after
I rank up I will jon some CAMPAIGNS.

Can I have your opinions about this? Is this a GOOD STARTUP?
Im always reading and researching. THANK YOUU