MOST COMMON MISTAKES OF A NEWBIE - page 3.

milewilda

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Quote from: pearl11 on July 16, 2016, 07:21:52 PM

Quote from: DashTron on July 16, 2016, 10:29:03 AM

Cloudmining is the most common mistake a newbie makes.
The big majority loses money with that.

Its the only way they know how to earn btc in a fast way.
They will not even think of what will happen when the site collapse.
Only those early bird will.benefit in this sites

As of today even those early birds on a ponzi site can't even reach their roi because some just operate only a day or 2.. sad to say many newbie like me fall to those kind of hyips but I learned a lesson in every mistake that I make. Well charge it to experience.

john2231

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Quote from: pearl11 on July 16, 2016, 07:21:52 PM

Quote from: DashTron on July 16, 2016, 10:29:03 AM

Cloudmining is the most common mistake a newbie makes.
The big majority loses money with that.

Its the only way they know how to earn btc in a fast way.
They will not even think of what will happen when the site collapse.
Only those early bird will.benefit in this sites

Not only early birds i think also newbie can still have benefits here in our site because we have some task here that you can do easily and earn bitcoins ..
But the problem for those newbie they are lazy or they are not trying it first before they give a final desicion to dont wait instead to scam someone..

Xenophoto

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Quote from: Velkro on July 16, 2016, 11:02:52 AM

Quote from: DashTron on July 16, 2016, 10:29:03 AM

Cloudmining is the most common mistake a newbie makes.
The big majority loses money with that.

Maybe most common is keeping money on exchanges? They treat exchanges like wallet which is just huge newbie mistake.

It's one of the mistakes people in the bitcoin world do but it's not that common because not everyone's into alt coin trading. Although after cryptsy has pulled a scam, people are thinking YoBit will do the same thing. There are numerous of scam accusations in here about YoBit not giving their money and people should be aware that at any moment, YoBit can run away as well.

pearl11

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Quote from: DashTron on July 16, 2016, 10:29:03 AM

Cloudmining is the most common mistake a newbie makes.
The big majority loses money with that.

Its the only way they know how to earn btc in a fast way.
They will not even think of what will happen when the site collapse.
Only those early bird will.benefit in this sites

Strongkored

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Quote from: Zadicar on July 16, 2016, 05:25:20 AM

Quote from: Strongkored on July 15, 2016, 09:19:23 PM

I think the common mistakes made by newbie is easy to believe in others and trust in such HYIP investment sites that offer great interest. My advice avoid sites like HYIP, CLOUDMINING, and do not easily trust people not known.

Yes, they do always fall on those scams like hyip investments site believing that they'll gain such big money but don't have any idea how hard to gain a single Satoshi. Well everyone passes thru newbie and we can't blame them since we also do the same thing when we're only a newbie. We learn from mistakes and don't fall into it again.

haha yeah u right, before I joined this forum I could trust with cloudmining. But after reading the threads and messages from people who are more experienced I decided to never believe: D So with my experience as a newbie, I would like people do not get caught or be fooled by things like that.

socks435

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Quote from: DashTron on July 16, 2016, 10:29:03 AM

Cloudmining is the most common mistake a newbie makes.
The big majority loses money with that.

Yeah right because i experience that i was a newbie before and experience of scam from cloud mining and investment site..
I believing before that i will be make more money there if i invest but for trial i invest some money but the result never made any withdraw because those sites are scam.. i found this forum and ask why this is happening and learn a lot from them..

Velkro

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Quote from: DashTron on July 16, 2016, 10:29:03 AM

Cloudmining is the most common mistake a newbie makes.
The big majority loses money with that.

Maybe most common is keeping money on exchanges? They treat exchanges like wallet which is just huge newbie mistake.

DashTron

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Cloudmining is the most common mistake a newbie makes.
The big majority loses money with that.

Zadicar

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Quote from: Strongkored on July 15, 2016, 09:19:23 PM

I think the common mistakes made by newbie is easy to believe in others and trust in such HYIP investment sites that offer great interest. My advice avoid sites like HYIP, CLOUDMINING, and do not easily trust people not known.

Yes, they do always fall on those scams like hyip investments site believing that they'll gain such big money but don't have any idea how hard to gain a single Satoshi. Well everyone passes thru newbie and we can't blame them since we also do the same thing when we're only a newbie. We learn from mistakes and don't fall into it again.

Strongkored

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Leading Crypto Sports Betting & Casino Platform

I think the common mistakes made by newbie is easy to believe in others and trust in such HYIP investment sites that offer great interest. My advice avoid sites like HYIP, CLOUDMINING, and do not easily trust people not known.

hermanhs09

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Quote from: Corenin on July 14, 2016, 06:10:32 PM

Gambling is the most common mistake I guess, I am not sure about others but when I was a newbie I committed this mistake many times hoping to earn bitcoin quickly.

It is not a mistake if someone have any sign of brain in his head i think.
We all are adults,and i think that all of us know that it is really uncommon to make some money out of gambling,doesnt matter if it is live-casino,or bitcoin-casino.
The outcome is the same in most cases.

Ajincourt

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Not so much a mistake, but at first, it's pretty overwhelming trying to sort out and absorb useful information on this forum.

It took a while to find out most of the actionable info seems to be in the Announcements (Altcoins) section, and maybe less than 10% of that.

Corenin

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Gambling is the most common mistake I guess, I am not sure about others but when I was a newbie I committed this mistake many times hoping to earn bitcoin quickly.

traderbit

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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

The mistakes that newbies do is that they do not store the private key somewhere safety but since you have joined trading in yobit then you should care more about the coins that you trade there because most of the altcoins end at few satoshi.

btcdiggingmaster

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Quote from: snipie on March 13, 2016, 06:06:32 AM

My mistake with yobit is that I bought few shitcoins with 1 satoshi then I failed to sell it again (forever)
I think yobit had to remove these kinds of altcoins from their system...

Same mistake was done by me also..In starting bought lot coins like and never made any profit from it.

arseaboy

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and to added up might needed more deep information first before entering any investing site related to bitcoin, all that they need already been post here the best thing for them is to keep searching for anything that they need to know before they proceed, bitcoin is for everyone but it is worth to learn.

romero121

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Quote from: chaosknight on July 14, 2016, 09:42:48 AM

Quote from: Digitalbitcoin on July 14, 2016, 08:14:54 AM

I think most of newbie think that bitcoin is not just currency but its magical currency. And cloud get profit from it.
I know its true but most of newbie get scammed as there are already sites running for 100x or 2x or 4x your bitcoins in just 24 hours like that.

I think newbie who earn bitcoins very hardly spend there on scam sites and get frustrated.

Exactly and they start blaming bitcoin that its an scam, and it create negative impression on them and then they will spread same news to the people around them.

Exactly said, on this basis users had made people to believe in it and stand away from bitcoin. While getting into bitcoin users need to understand clearly to avoid such issues of increasing adoption.

chaosknight

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Quote from: Digitalbitcoin on July 14, 2016, 08:14:54 AM

I think most of newbie think that bitcoin is not just currency but its magical currency. And cloud get profit from it.
I know its true but most of newbie get scammed as there are already sites running for 100x or 2x or 4x your bitcoins in just 24 hours like that.

I think newbie who earn bitcoins very hardly spend there on scam sites and get frustrated.

Exactly and they start blaming bitcoin that its an scam, and it create negative impression on them and then they will spread same news to the people around them.

Digitalbitcoin

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I think most of newbie think that bitcoin is not just currency but its magical currency. And cloud get profit from it.
I know its true but most of newbie get scammed as there are already sites running for 100x or 2x or 4x your bitcoins in just 24 hours like that.

I think newbie who earn bitcoins very hardly spend there on scam sites and get frustrated.

co5hike

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Quote from: tabas on July 14, 2016, 06:09:50 AM

Quote from: jak3 on July 14, 2016, 05:16:14 AM

This Most Common Mistake of a newbie is gambling. They Get attracted to quick money making things aka gambling(on most cases), they even invest in scams like cloud mining and after all this they try to regain their money by scamming purpose but it takes time for them to understand how things work here and why they have to build trust to earn some real money without hurting or braking any rules

Yes that is also another mistakes that newbies are doing. They tend to look for the fast income with bitcoin. And they tend to think first about gambling because they are maybe born a gambler. And also they are thinking by investing their money into a website they are going to earn that way easily and that is their wrong.

Yeah gambling is an most common mistake of a newbie as everyone wants to multiply their coins in quick time and end up loosing everything and other mistake is to invest in cloud mining sites.

Topic: MOST COMMON MISTAKES OF A NEWBIE - page 3. (Read 21698 times)