Topic: How to start? - page 2. (Read 466 times)

There are multiple ways for you to start your journey into the cryptocurrency world and every single mechanism has their advantages/disadvantages depending on what is comfortable to you. For example, with that amount of weekly income, you can purchase at least $5 worth of BTC every week and invest them long-term (HODLing) in order to maximize its value in the future.

Another example would be purchasing again BTCs and trade them in the market if you have the necessary experience to do so. Though I would advise against gambling since the nature of such process is too risky for a beginner.

First of all, have you understood enough about cryptocurrency? How it work, what it is at least, and also the risks of crypto? Since, it is important enough to also understand the risk of investing inc crypto currency, so that you may not only expect too high to gain high profits in a short time, and you are trapped in some scam schemes. So, basically, learning at first about cryptocurrency is a must.

Secnd, from your weekly income of 20-30$, how much you can set aside for investment? Please remember that never use money that you are using for your daily needs or even for your later necessity. It is wiser and better to use money that is free enough, and you also may not worry if someday you will lose them.
From that amount, how much? I will not suggest it will be all in because it is very risky. Just consider about small percentage moreover you are new here.

Third, invest only in the top coins that have strong fundamentals. I know that there are many interesting coins as seen in the Coin Market Cap, but I will not recommend the new listed coins or coins that ahve small volume. For safer chcies, Bitcoin is the first coin that should pick, alternatively if you wnat to go to altcoins, maye you can do research in Ethereum and BNB, once more DYOR based on your own analysi and cosniderations.

Four, youmay not need to investi daily, you can set the time management of deposiitng yourmoney into certain exchanges or platform to invest the coins.

Rememebr:
Never trust anyone or any platfmr or project that will gve or promise youvery high investment APY or profits,never trst them easily on them because their projects may be too good to be true. They may be scamers.
Better to use top exchanges to buy the coins and then save the coins in certain wallets.
Check here for the exchanges that are available in your contry and also repuatble enough (see top exchanges)
https://coinmarketcap.com/rankings/exchanges/

hmmmm as a beginner who wish to invest please you need to start with what you have,because the bible say don't dispy your small beginning,so as a good investor please start with what you have 🙏

Learns first the fundamentals. How to properly put your money in the right Crypto currency and not FOMO projects that's usually short term eventually dies.

Things to look out for:
1. Know the Company
2. Viable proof of concept and features
3. Good development team (buggy and vulnerable application is one of the leading cause of startups failing)

Unfortunately, there's no chance to change your username, even sounds not good to hear that name then, that's your choice.
You're new here in the forum you should read and ask first how this forum works or rules that should be avoided not to become violated in the future.

You have prior research first before asking this matter, I don't usually give financial advice and I don't want there's someone to blame me once they encounter failures.  You should have your own research while you're in the crypto world, on the possible risk that will occur.

Being a newcomer in this market, better stick to the top coin first, which is bitcoin. He needs to understand how market movement works. And with bitcoin, he will not be screwed as it will not disappear anytime soon. At least, there is a guarantee that no matter what, his funds will still have value as compared to investing in meme tokens or pump and dump coins, which has very dubious existence.

May be you are a putin fan!!  You should know about his charecter first before select his name as a username.  Though one persons name could be putin rather than only one putin is not exist in this world.

SmartPutin, I think you should see the thread that Ratimov made, it's very complete with content, you can search there and just click on which content you want.
Beginners & Help Encyclopedia [UPD: +Electrum Board]

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I don't think there is an easy investment, especially if you expect weekly income to be impossible unless you are really an expert at doing it, while you came here as a beginner so you need to learn more.

People don't just make money without offering something first, my question to you is what are you good at? Writing? Art and designs? Etc you now need to create a topic on what you are good at people can hire your services on here.

Do research on Dollar Average Cost first and choose between BTC and ETH these are two projects that won't disappoint you for short or long term but I recommend long term because they will have better value.

Also with the capital that will be used for investment must use cold money and always re-research before making a decision.

Yes bitcoins. that's the right advice. i never thought that we missed the bitcoin train with current prices. if not start from now when again? I don't want to miss the train a second time. that's the reason why i keep adding BTC while there is opportunity and capital. I have a strong belief in the future value of bitcoin.

In reality, 'smart' Putin will live in his closed bubble and won't listen to other ideas.

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Honestly, I don't like the username but I am not here to attack you. A note for you is username can not be changed (in most cases) so if you decide to be in the forum with another username, do it as soon as possible. You are newbie so it does not hurt to throw away this account and create another one for your journey here.

Let me share some resources for reading

• Welcome message. Read it first
• Newbies - Read before posting
• [Guide] Searching effectively
• Signature Campaign Guidelines (read this before starting or joining a campaign). Read it very last because you should read forum rules, resources on Bitcoin, crypto etc. in order to become a good asset of the forum. Then you can start your business here or join good campaigns.

How to start? It should be acquiring knowledge first, next is to look for reputable exchanges, and the last thing to do is to put up some capital.

You'll be wise enough if you will invest in Bitcoin. Legit, profitable, and very known to the public. You ask 20-30$ per week, but Bitcoin can give you more if the market is Bullish. it was really good to have multiple coins to invest But I suggest for you OP focus on Bitcoin first while you are still learning.

No actually i saw there is lots people invest on hardware mining also some people contact me in telegram for invest in mining application but most of them are fake in review but i just wants to know from exprience members which way should i start for earning and is there any way of fixed term income like mining!!

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 Actually sir there could be negative reason also behind choice this name this not a big deal but if you suggest me to change this name also then i will change name no prb actually i am new in this matter so i choose it! If there is any option to change name!!

[moderator's note: consecutive posts merged]

First post and the topic is all about earning right away. I think you are only care about money when you join here isnt it. As a newbie, and someone interested on investment, I think the better focus is to study and make room for growth and invest on knowledge and applications first before asking which one is good to invest with.

Some send links here and try to familiairze yourself with those and learn as much as possible on every aspect. I believe when you focus your time on that money will comes and give you idea which one is best for you.

Investing does not give weekly income. Investing is basically buying into an asset you expect to rise more in the future and holding until that time, it could dip and crash during that period, but it's not a loss if you don't cut your losses.

About where you to invest, you would have to do your own research. All investments have a fair share of risk and you will need to understand what you are investing in, this means doing your own research.

If you don't have that much money then I'd say scratch investing in bitcoin/crypto for now. Use that money to learn a skill instead, and focus on creating cash flow first. Investing in general would require a good amount of time before you actually profit; and the profit isn't even guaranteed lol.

But if you really want to learn about bitcoin/blockchain/crypto because you're actually just interested:

* If you like reading articles: https://coindesk.com/learn
* If you like reading books: https://theinternetofmoney.info/
* If you like watching videos: https://www.youtube.com/playlist?list=PLPQwGV1aLnTuN6kdNWlElfr2tzigB9Nnj

Security related:
* https://cryptosec.info
* https://www.lopp.net/bitcoin-information/security.html

If you want to get more technical
* https://github.com/bitcoinbook/bitcoinbook#chapters
* https://github.com/ethereumbook/ethereumbook#chapters

In simple words, the most secure investment is bitcoin, but this doesn't exclude it from being a risky investment too. Please Don't believe in investment advices because no one can garantee that you will earn from buying any of the cryptos you see in he actual market.

Weekly income of 20-30$ isn't that much. You can earn 4-5$ daily if you do freelance jobs but it always depends on the skills you have. You can check this great topic [Pinned in top of this board] and see if one of the suggestions fit your needs :
How to earn Bitcoins

The best way of starting right is learning, get yourself equiped with the basics of bitcoin, you can read better on this link am about to prove you https://en.bitcoin.it/wiki/Main_Page get to know also how this forum works, read and learn from online resource by making use of the search engine.

Once you get enough knowledge to be able to start, i will advise you to go for bitcoin first before any other altcoin, and don't tend to believe in every written online article you read, ask to confirm such from experienced members, and ensure you safeguard your private keys which is the only access to your wallet and that canake you claim your btc. Lastly, do ensure you read this forum rules and regulations and other things you need to know about this forum onnthe link provided here: https://bitcointalksearch.org/topic/comprehensive-guide-to-bitcointalk-newbie-friendly-calculator-and-infographic-2534500
Welcome onboard

Even if someone here told you to buy this coin or that coin, would you really buy it? It seems kind of naive of you to ask random people on the internet for investment advice. Who does that kind of thing?

Don't get me wrong, if you have a specific question, I'll be happy to try to help you, but you really need DYOR first.

By the way, an interesting choice of nickname. Are you a Putin fan?