Imagine that you're new to crypto now

Kasabus

hero member

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Quote from: Onuohakk on August 12, 2019, 09:36:49 AM

Before joining something new, someone might have lectured you about it before joining. Joining cryptocurrency requires much knowledge and patience for you to excel in it. Crypto is not all about investment rather its about gaining experience of how to store up your asset for future purposes cos we're on digital era now. Everything it's been digitalize

First thing you need to have is knowledge about crypto and with proper knowledge, you won't be able to make lots of big mistakes and at the same time, you will also see the potential of crypto and that will lead you to think of investing.

As we stay longer, that will help us mature and earn more experience and we will also understand the nature of crypto as an investor since it's different compared to other form of digital investment, just imagine that you are in the early stage and the space is not yet regulated, so your venture here is high risk but you would also think of the reward more.

Lapatai

jr. member

Activity: 118

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Trying to make the world better for everyone.

First of all, I think I would start from hearing from my friends and contacts that crypto is a good way to make profit.
Then I would start to Google it for myself, Youtube it and read some forums.
Little by little I would buy some BTC in an exchange and wait for its price to soar. Till then, google more

Cityhunter123

newbie

Activity: 67

Merit: 0

I would not have made dozens of mistakes because of which I lost my money, I would have been more careful and not in a hurry to sell

Onuohakk

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Before joining something new, someone might have lectured you about it before joining. Joining cryptocurrency requires much knowledge and patience for you to excel in it. Crypto is not all about investment rather its about gaining experience of how to store up your asset for future purposes cos we're on digital era now. Everything it's been digitalize

Torps1

member

Activity: 574

Merit: 12

Kuvacash.com

Not only in crypto but in everything we do, it is important to learn and understand the fundamentals/basis and be able to convince ourselves beyond any doubt about what we want to venture in. The crypto market has been very volatile and doesn't seem to change anytime soon, so new players are advice to do their underground work very well.

nutella_11

jr. member

Activity: 175

Merit: 1

I think that it's even easier to start investing in crypto this times, than it was when I started. You can find dozens of great affiliate programs connected with cryptocurrency services and this is really nice opportunity to have your savings which you can use later. Moreover, cryptocurrencies are more and more popular so you can find many helpful tools like Galaxy Score (available on CoinDeal). This one gives you a prompt you when it's good time to buy, sell or hold each coins. I didn't have such a useful tools when I was the beginner...

darklus123

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Quote from: ?? on ??

In the first place all of us we are beginners before and Im sure most of us invest in bitcoin and also the altcoins because we are here to earn money and to learn. Many people who are new in crypto did not do what next step they follow the better we gonna do if they ask something help them and give them some information, advice, and also give them video so they understand well.

Helping by guiding through the right pattern on investing with crypto is a great way to make it work for them, newbies are very aggressive and easily being manipulated so assisting them with the right impression will make them more competitive, we came from the same place so it's good to see that they also succeed same thing with what we already achieved from this market.

Exactly, let's all get real in here. We are seeking for an alternative income and we all likely gonna be thinking that crypto is a good way of doing it. You can likely make money while prioritizing your privacy. New people aren't actually very aggressive it's just that they lack the certain knowledge and the best way for them to earn can somehow through experience.

Most newbies got scammed easily and most of them as well get discouraged so instead of improving their knowledge in order for them to grow they jump out quickly. While the rest remains and becomes more smarter.

@OP, I where a newbie I will never hesitate to try all of those possible Blockchain features and other alternatives such as alt coins with cautions as well ( I am the type of person who usually put cautions in getting into something I completely do not understand while learning the process)

minersday

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Activity: 1484

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Quote from: smajler on July 16, 2019, 03:36:47 PM

Imagine that you are a new player in the crypto world and have no idea about this topic.
What are you doing now? Read the book? You invest your savings in bitcoin, maybe you look at other coins (alts) or maybe you see that the price is falling and you're waiting to buy even lower. If so, do you know when to buy? What's your plan for this moment?

If I was to be a new investor in the crypto space now, I will first spend good amount of time studying and monitoring the patterns in which the price of Bitcoin changes and try to understand the basic factors that usually influence the change in the prices of most cryptocurrencies. I will not be in a rush to invest in any crypto coin. Knowledge is the key instrument needed to have good earning profit margin whenever you invest.

Finestream

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Quote from: hisuka on August 11, 2019, 05:49:18 PM

Everything starts in studying and gaining knowlegde in crypto. I would do my best to study all about crypto. I will start investing as long I understand the process in crypto. If a person have the interests and eagerness to learn he will do the necessary guides for him to comprehend the crypto market.

I also want to ask suggestions to those people who came earlier in crypto because for sure i can gain good ideas from them.But i will still pursue my own studies in crypto through reading and watching free videos in youtube.If i think i can stand already on my own,then i will start investing based on my own plans and see where will it goes.

finaleshot2016

legendary

Activity: 1778

Merit: 1009

Degen in the Space

Quote from: ?? on ??

In the first place all of us we are beginners before and Im sure most of us invest in bitcoin and also the altcoins because we are here to earn money and to learn. Many people who are new in crypto did not do what next step they follow the better we gonna do if they ask something help them and give them some information, advice, and also give them video so they understand well.

You shouldn't say the reason why you're here is because of earning money. First of all, the number one purpose of us being in here is to learn more important information regarding Bitcoin. We shouldn't prioritize earning money, your post will just show to newbies that earning money is a feature of this forum. As a beginner, we should always focus on the knowledge, money isn't the big deal here.

hisuka

sr. member

Activity: 882

Merit: 251

Everything starts in studying and gaining knowlegde in crypto. I would do my best to study all about crypto. I will start investing as long I understand the process in crypto. If a person have the interests and eagerness to learn he will do the necessary guides for him to comprehend the crypto market.

Nolimitz84

sr. member

Activity: 980

Merit: 252

Quote from: smajler on July 16, 2019, 03:36:47 PM

Imagine that you are a new player in the crypto world and have no idea about this topic.
What are you doing now? Read the book? You invest your savings in bitcoin, maybe you look at other coins (alts) or maybe you see that the price is falling and you're waiting to buy even lower. If so, do you know when to buy? What's your plan for this moment?

I would do everything in order.As everyone already knows, everything begins with the study of the material part.Here is with reading books I would perhaps and began.Then I learned the basics of trading. And only then invested in bitcoin and many altcoins. Here, probably, I would have personally started such a strategy if I were a beginner.

Successmaniac4

member

Activity: 196

Merit: 10

If I were a new comer in vryto, I will invest in what a lot of people know, Bitcoin, before moving on to invest in any other coin. I Will read books and do research online regarding the performance of coins before investing.

fullhdpixel

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Activity: 2828

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Quote from: ?? on ??

As the crypto market is a risky business, I'd probably start by getting an in-depth insight into this advancing technology and cryptocurrencies. Besides following some blogs and telegram groups, I'd seek to advise from an experienced person. Further, I'd start by investing a little and increase the amount I move further into this world.

This research does not help in most cases. If you were a new guy again, I bet, you would act spontaneously. In case you would have money, it could be invested in "trends" and mainstreams. Suppose, the first step of each newbie is learning. Self-education will help to avoid mistakes in the future, and trading further, you will be more successful with this business.

Most newbies, the aspect that mostly entice them is the part where the person that introduce them to crypto only explain how they can make moment without telling them the risk in it and how to be cautious with their investment, so like many of us did to when we first started, we just look at the coin, imagine that it would be good because the name sounds nice, and then invest in them randomly lol.

This is why many of us are still holding loads of shitcoins in our portfolio right now, but it is a good thing that the scammers has forced majority of us into knowing that we have to fully know the project we pick before investing in them which is by researching on them, although like you said, it does not work easily like that, but at least it still help a whole lot.

The Cryptovator

legendary

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Signature space for rent

To be honest, I was not enter on bitcoin due to volatility. I was use other digital currency like perfect money if needed. Because that time I wasn't aware about value of crypto-currency. So without basic knowledge I were not invested on bitcoin. And I think most of newbies will do same due to lack of proper knowledge. So it's most important to share our knowledge with newbies.

CryptoInsights

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Activity: 141

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Quote from: smajler on July 16, 2019, 03:36:47 PM

Imagine that you are a new player in the crypto world and have no idea about this topic.
What are you doing now? Read the book? You invest your savings in bitcoin, maybe you look at other coins (alts) or maybe you see that the price is falling and you're waiting to buy even lower. If so, do you know when to buy? What's your plan for this moment?

I had kindly of invested and faced loses, followed few signals in the beginning and then learning, portfolio, sometimes trading this was my initial days. Now I am happy with a diverse portfolio and also have given few of my funds to one trader whom I trust.

finaleshot2016

legendary

Activity: 1778

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Degen in the Space

There's a local you can stand with so I think I'll on it to learn the basics. So assuming that you'll understand the language because it's your local and you will learn those basics to them. There's also a beginner and help section that will help you to learn what must do and remember in posting here.

If you lack something then search or watch some youtube videos that discuss bitcoin. Everyone has internet now so assuming they can manage to learn it by themselves.

wildflower18

sr. member

Activity: 714

Merit: 250

Quote from: ajja on August 08, 2019, 07:34:26 AM

everyone will definitely learn it first before starting, as well as I did when I first learned about bitcoin, because of my interest in learning the world of cyrpto either by reading or asking friends who understand. when you already know something then you can only decide including when to buy coins and when to sell them, because the risk you will receive must be there. all things that will benefit, of course there will be risks.
And, fortunately those who have known and learned about crypto for a long time.

Exactly this is the step that we must do learning before starting in crypto. We should know the risks and the fluctuation of price in crypto. Before starting let us understand how crypto works and it is good that we continue gaining knowledge like in bitcoin.

Meysa_richa

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Activity: 458

Merit: 10

Like the first time I knew Cryptocurrency, I was very curious about this Cryptocurrency, finally I searched for information about Cryptocurrency as much as possible, starting from browsing on the internet, looking for videos on YouTube and other social media. And one core that I'm looking for is, how can I get a lot of money from this Cryptocurrency. And until now I still do that.

Deallove9

copper member

Activity: 168

Merit: 0

No time is too late to be in crypto just that you coming early gives you hedge over those that came late on profit side and it could be other way round too cos I have seen some that are in for long but still loss in the trading aspect while those coming late still have more home taken than those in for long so the theory of it all is to understand the market.

Topic: Imagine that you're new to crypto now (Read 7457 times)