Topic: MOST COMMON MISTAKES OF A NEWBIE - page 14. (Read 21678 times)
The biggest mistake of anyone newbie or experienced is to fall for fast rich scams. Some scams are very sophisticated and some scammers will spend years to build trust and then disappear when they think they reached the maximum amount they can swindle.
I have to put it out there that you need to avoid listening to people on new sites you can earn free BTC or such in order to trade on obit. I have been a member of them for some time now and I like it. They have very few issues if any and they are great on fixing them. Good luck.
Most common mistake of a newbie are ,putting investments in HYIP , gambling .many newbies loss their bitcoins when playing gambling. Like me.
I have to put it out there that you need to avoid listening to people on new sites you can earn free BTC or such in order to trade on obit. I have been a member of them for some time now and I like it. They have very few issues if any and they are great on fixing them. Good luck.
Panic buying and panic selling are easy mistakes to make in bitcoin or in the stock market too.
Newbies probably spend too much time on faucets and don't get much from them. However, if the price of a bitcoin goes way up in the future, it could pay off some.
Faucets are good to start off, but if they spend much more time on gambling sites then that is something really to worry, as every one commits this mistake to make quick money.
Newbies probably spend too much time on faucets and don't get much from them. However, if the price of a bitcoin goes way up in the future, it could pay off some.
Doing low paying jobs like captcha or spamming instead of seeking how to apply their skills or try new.
We'll we're talking about bitcoin here, not job/works etc.not to mention that doing a job and buying bitcoin is not earning you anything more than you're regular job
the best thing is to have a job and earn bitcoin directly as a side job, bitcoin earning should be seen as a second job imho
Doing low paying jobs like captcha or spamming instead of seeking how to apply their skills or try new.
We'll we're talking about bitcoin here, not job/works etc.
Doing low paying jobs like captcha or spamming instead of seeking how to apply their skills or try new.
I don't know about the others but when I was a newbie I invested my coins in a site that was doubling my coins in 3 days, as usual I didn't receive anything at the end of the day.
Do not use any exchange as wallet so never hoard coins on any of them. After you finish your trading, withdraw your coins somewhere safe (local wallet or at least one where you control private keys).
Agree, its most important rule every newbie should follow. Thousands of bitcoins people lost, because they didn't follow that rule. 
Gambling
Investing in doubler who promises to double your coins in a quick time
Investing cloud mining
This are the common mistakes of newbies.
Investing in doubler who promises to double your coins in a quick time
Investing cloud mining
This are the common mistakes of newbies.
Yeah even I invested in doubler to earn quick profits but then I came to know that I have been cheated and I learned from my mistakes and never repeated the same again.
when i still newbie i always clicking every websites that can earn money, once i wrong clicked and turned into downloading something that i'm not notice.
I think that is very common mistake and majority of us have committed that, its same like visiting a porn site first time as a teenager and keep on clicking all ads to see more of it in free
Gambling
Investing in doubler who promises to double your coins in a quick time
Investing cloud mining
This are the common mistakes of newbies.
Investing in doubler who promises to double your coins in a quick time
Investing cloud mining
This are the common mistakes of newbies.
Yeah even I invested in doubler to earn quick profits but then I came to know that I have been cheated and I learned from my mistakes and never repeated the same again.
when i still newbie i always clicking every websites that can earn money, once i wrong clicked and turned into downloading something that i'm not notice.
Gambling
Investing in doubler who promises to double your coins in a quick time
Investing cloud mining
This are the common mistakes of newbies.
Investing in doubler who promises to double your coins in a quick time
Investing cloud mining
This are the common mistakes of newbies.
Yeah even I invested in doubler to earn quick profits but then I came to know that I have been cheated and I learned from my mistakes and never repeated the same again.
when i still newbie i always clicking every websites that can earn money, once i wrong clicked and turned into downloading something that i'm not notice.
Gambling
Investing in doubler who promises to double your coins in a quick time
Investing cloud mining
This are the common mistakes of newbies.
Investing in doubler who promises to double your coins in a quick time
Investing cloud mining
This are the common mistakes of newbies.
Yeah even I invested in doubler to earn quick profits but then I came to know that I have been cheated and I learned from my mistakes and never repeated the same again.
trying invest their BTC in alt coins, trying to make some arbitrage between exchanges, trying buy hash power, trying to buy a GPU to mining, buy a asic for mining (fist time i bought a asic take 2 months to come to my home (no refounds))
i think this is thw worst mistakes that a newbie does in this days
the only thing a newbie can do is buy on BTC-e and sell on localBitcoins nothing more (this still safe)
i think this is thw worst mistakes that a newbie does in this days
the only thing a newbie can do is buy on BTC-e and sell on localBitcoins nothing more (this still safe)
Gambling
Investing in doubler who promises to double your coins in a quick time
Investing cloud mining
This are the common mistakes of newbies.
Investing in doubler who promises to double your coins in a quick time
Investing cloud mining
This are the common mistakes of newbies.
I think gambling is the most common mistake that a newbie does when he is new to the world of bitcoins and end up loosing everything, and also investing in any ponzi sites to multiply his coins in a quick time.
Gambling is the bad selection of newbies. Most newbies doesn't understand the reality behind gambling and just goes on with hope of earning, but when they understand better about gambling their wallet gets empty.
Yeah and the worst part is they feel that they can increase their bitcoin in a quick time by gambling, but they forget the fact that only houses makes the profits.
I think gambling is the most common mistake that a newbie does when he is new to the world of bitcoins and end up loosing everything, and also investing in any ponzi sites to multiply his coins in a quick time.
Gambling is the bad selection of newbies. Most newbies doesn't understand the reality behind gambling and just goes on with hope of earning, but when they understand better about gambling their wallet gets empty.
I think gambling is the most common mistake that a newbie does when he is new to the world of bitcoins and end up loosing everything, and also investing in any ponzi sites to multiply his coins in a quick time.
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