As a newbie in crypto what are the things to do and not to do that will make me attain to the level of being confident and reliable on the decision I make.
Don't really know where to start but hopefully I will with your help.
it would be best if you did not trust unknown people on the internet. you can ask for advice here or anywhere, but your money is at stake, so always think carefully about what you are doing.
When you say, you are a newbie, what exactly do you mean? Two years ago you also asked for advice on investing in Bitcoin, what happened?
Why are you still a beginner even after 2 years?
Hi everyone, I want to learn about Bitcoin and investing. I need help on how to go about investing in Bitcoin which I don't know if I can take the risk. I have $3k which I want to keep in the bank but I'm thinking of investing it into Bitcoin. If I purchase Bitcoin now, is their any way I can profit from it from now till next year May? I am planning of using the money next year for business.
Should I take the risk of investing in Bitcoin now or better still put it in the bank?
Will I lose my money if I invest now?
Honestly, I wasn't serious with what I wanted at that time that made me abandon knowledge for pleasure, this single act of ignorance really make opportunity pass me by.
actually am not a newbies like that but I want to start as one, I really want to make it right this time.
When you say, you are a newbie, what exactly do you mean? Two years ago you also asked for advice on investing in Bitcoin, what happened?
Why are you still a beginner even after 2 years?
Lol... As funny as this may appear, it's still possible. It might be that the user is disguising as a newbie to attract sympathy or help or for whatever reason(s).
But in a Real sense, some users open account here and may not find here friendly and hence abandoned it and may decide to return later, hence their newbie status remains.
Again, some people can be here for more than 2yrs and even grow their account upto senior member rank, but the knowledge of bitcoin in their head is like that of a newbie. So, it would be correct if they address themselves as newbies.
That may be true, but I think OP has spent enough years on the forum not to know how to use the search engine. I checked his post history and I don’t think OP should be making this kind of thread. For someone who started trading spots in 2021, he should have a decent knowledge of bitcoin. This may be another meriting fishing thread, if he doesn’t get merits we probably won’t see OP for another five months.
Yes I started 2021 but those years are wasted years because I was doing nothing to improve the little I know so I abandon everything but now I want to start a fresh
As a newbie in crypto what are the things to do and not to do that will make me attain to the level of being confident and reliable on the decision I make.
1. Don't be over confident
2. Calm down and learn crypto
3. Avoid starting with altcoins, bitcoin should be your starting point
4. Learn about bitcoin and cryptocurrency in general
5. Never get tired of learning and making research to know more
6. Invest on what you can afford to loose because everything is all about taking risk
7. Don't be enticed by cryptocurrency influencers and promoters, the may push you into taking a wrong step
8. Learn to keep things in secret especially your bitcoin investment access
9. Avoid centralized exchanges if possible or don't put your main investment on them
10. Be active onnthe forum and learn from what others pist or taughts
11. Don't assume what you don't know, experience your learning ground and be well equipped
12. Have confidence in yourself and take risk that's worth going for with bitcoin
13. Invest or trade and monitors your asset and follow up the events and news happening in crypto world
Don't really know where to start but hopefully I will with your help.
You will be the one to help yourself by learning and here is a good ground for your learning process, why not take a step and every possible advantage to ensure you make a growth here.
I will take your advice to heart and make sure I do everything possible to ensure that I come or achieve my goal,
thank you.
[moderator's note: consecutive posts merged]