MOST COMMON MISTAKES OF A NEWBIE - page 15.

LuanX3

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Activity: 756

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Quote from: JanMalessa on March 12, 2016, 08:50:41 PM

Ahoy there

Im a beginner with electronic currencies and started using Yobit few days ago
I would like to know what types of common mistakes newbies make and what to avoid in early days

Regards

They often dont know when and which altcoin to buy or sell, its funny to see their messages in the chat

Olaf

full member

Activity: 168

Merit: 100

Quote from: KennyR on April 13, 2016, 08:21:24 AM

Quote from: fkvidar on April 12, 2016, 12:54:31 PM

Quote from: NeilLostBitCoin on April 12, 2016, 11:23:05 AM

Trusting easily on ponzi schemes, like investments and doubler. Dont ever trust them because it can make you quit on using bitcoin.

Exactly and you will find many sites at a moment giving you the assurance of doubling your coins in a quick time, but need to be aware before investing into it as almost all sites are frauds.

One more reason is due to the introduction of lot of trusted exchange sites, users easily believe in those fraud sites and looses all their investment.

Yup, look at all the previous past events.

The most recent one for exchanges is when the altcoin crypsty just locked peoples accounts and the operator of the site just disappears lol.

martin-lato

newbie

Activity: 2

Merit: 0

Trust, trust, trust! Be careful, that's all I'm saying. There's no such thing as an amazing bargain these days, even in the bitcoin/altcoin world. And right when a think crosses your mind that this may be too good to be true, you are probably right. Doublecheck is gold.

KennyR

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Quote from: fkvidar on April 12, 2016, 12:54:31 PM

Quote from: NeilLostBitCoin on April 12, 2016, 11:23:05 AM

Trusting easily on ponzi schemes, like investments and doubler. Dont ever trust them because it can make you quit on using bitcoin.

Exactly and you will find many sites at a moment giving you the assurance of doubling your coins in a quick time, but need to be aware before investing into it as almost all sites are frauds.

One more reason is due to the introduction of lot of trusted exchange sites, users easily believe in those fraud sites and looses all their investment.

sana54210

legendary

Activity: 3346

Merit: 1128

The most common mistakes of newbies in my observation:

1. Trusting users from the currency exchange section with big amounts without using an escrow.
2. Spamming the Beginners & Speculation section with similar posts and getting banned.
3. Posting referral links.
4. Asking for a loan without collateral.

fkvidar

hero member

Activity: 924

Merit: 1000

Quote from: NeilLostBitCoin on April 12, 2016, 11:23:05 AM

Trusting easily on ponzi schemes, like investments and doubler. Dont ever trust them because it can make you quit on using bitcoin.

Exactly and you will find many sites at a moment giving you the assurance of doubling your coins in a quick time, but need to be aware before investing into it as almost all sites are frauds.

BitMaxz

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Quote from: NeilLostBitCoin on April 12, 2016, 11:23:05 AM

Trusting easily on ponzi schemes, like investments and doubler. Dont ever trust them because it can make you quit on using bitcoin.

Yeah that's true before i came here in our forum i was newbie and i am faucet claimer too i save more than 0.04 btc in faucet for bout 3 months and i invested it from a site called coinsera i invested all 0.04 onetime make a profit.. the support is very active and he can reply fast.. but after 1 week that i just want to try to withdraw all my profit my withdrawal process are stuck and i just contact the support never answered my question.. i was searching to any forum and website how can get back my bitcoins in coinsera.. but nothings happen so im stop few weeks to claim bitcoin in faucet..
And stop collecting bitcoin in few weeks i realize that its a natural that you will lose in online and many scammers and ponzi scheams online that we should dont trust any body.. now i was looking for high paying faucet that i can more bitcoins easily and i found microearnings as a source where can see all new faucets.. but i really found a good one signature campaign thats why i stop claming in faucets and i learn that all investment site are scams.

NeilLostBitCoin

sr. member

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Trusting easily on ponzi schemes, like investments and doubler. Dont ever trust them because it can make you quit on using bitcoin.

mrhelpful

legendary

Activity: 1456

Merit: 1002

Just a added tip, depending on what you use for storing your btc.

If you are running the desktop software remember to at least run your wallet 1 time per week.

Or you will be waiting and wondering why it hasnt loaded after 1 week. You`ll think its stuck, but its simply loading all the blocks like it should.

Also work on knowing how back up your dat.file for restoring your balance.

delliaerd

hero member

Activity: 672

Merit: 500

Especially from this forum the most common mistakes when i still newbie is I usually make a wrong with my post, i too often post in my local sub forum. It can make reputation from my account is not good.

bitcoinboy12

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Quote from: romero121 on April 12, 2016, 11:02:37 AM

Quote from: tampazeus on April 12, 2016, 09:57:01 AM

I have a strong feeling that newbie will try to multiply his coins in a quick way and he will find a short cut to achieve that by going for gambling, and turn up loosing at initial stage.

True most newbies do it and loss all their hardly earned bitcoin. I too did the same when I made the first entry. Also initially newbies believe in a short term they will become rich as they were part of growing technology.

Haha. Pretty much the same here. The mindset of becoming rich. Well i had that for a while only to realize that it's not actually realistic.

romero121

legendary

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Quote from: tampazeus on April 12, 2016, 09:57:01 AM

I have a strong feeling that newbie will try to multiply his coins in a quick way and he will find a short cut to achieve that by going for gambling, and turn up loosing at initial stage.

True most newbies do it and loss all their hardly earned bitcoin. I too did the same when I made the first entry. Also initially newbies believe in a short term they will become rich as they were part of growing technology.

RealBitcoin

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Quote from: JanMalessa on March 12, 2016, 08:50:41 PM

Ahoy there

Im a beginner with electronic currencies and started using Yobit few days ago
I would like to know what types of common mistakes newbies make and what to avoid in early days

Regards

1) Scams
2) Forgotten passwords
3) Clicking on malware ads, and getting infected pc
4) Losing bitcoin walle

etc... Just be careful and disciplined when using bitcoin

tampazeus

hero member

Activity: 924

Merit: 1000

Lick me like a lolipop

I have a strong feeling that newbie will try to multiply his coins in a quick way and he will find a short cut to achieve that by going for gambling, and turn up loosing at initial stage.

LFC_Bitcoin

legendary

Activity: 3556

Merit: 9709

#1 VIP Crypto Casino

Most common mistakes of a newbie -

- Trusting untrustworthy members & getting scammed
- Gambling all their bitcoin's way
- Keeping too many coins on exchanges
- Keeping bitcoin's on a shitty old PC that isn't clean
- Clicking on bogus links here stupidly

I'm sure there are loads but above are some that came to my mind quickly.

wildan88

legendary

Activity: 1862

Merit: 1046

mistakes are often made newbie when it comes to this forum is to create a thread, then they go away and never come back.

they are too lazy to read, even though all the threads about how to get bitcoin in this forum very much.

My experience as a newbie, I am interested in the investment HYIP because could double bitcoin in a short time, but this is the worst investment of all time. I hope newbie never joined the investment HYIP.

Quartx

hero member

Activity: 1036

Merit: 504

Becoming legend, but I took merit to the knee :(

Trying to mine coins in this current era. ONly the big boys will earn profits with their already cash cow farms.

Newbies just get burned and probably wont roi unless you spent like a million bucks are try to roi before the halfing, probably will not roi still

Julahid

newbie

Activity: 28

Merit: 0

Worst mistake newbies make is to pull money out of their own wallet and then invest it to obvious ponzi scams especially those HYIP. People should be aware that those does not pay, and if they do, they will close eventually when they get the amount of btc they are targeting.

Leonard2016

hero member

Activity: 1036

Merit: 520

the worst mistake that i have made with bitcoin as a newbie was investing in those [Suspicious link removed] scams and losing my coins

dinda22

legendary

Activity: 1232

Merit: 1000

Quote from: JanMalessa on March 12, 2016, 08:50:41 PM

Ahoy there

Im a beginner with electronic currencies and started using Yobit few days ago
I would like to know what types of common mistakes newbies make and what to avoid in early days

Regards

whether you are using yobit to make a trade? maybe it was a mistake a newbie, because you have to learn about the trade, otherwise you can lose a lot.

when joining this forum, they want to get bitcoin hurry to join the signature campaign, this is clearly wrong, because they do not know about the rules and make a posting spam causing banned.

Topic: MOST COMMON MISTAKES OF A NEWBIE - page 15. (Read 21698 times)