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Topic: MOST COMMON MISTAKES OF A NEWBIE - page 5. (Read 21698 times)

sr. member
Activity: 266
Merit: 250
One world One currency, Bitcoin.
July 09, 2016, 11:45:01 AM
When i was a newbie the first 3 mistakes i did was
  • Traded Bitcoins on facebook and got scammed
  • Fall for some hypes
  • Gambled with Someone's else satoshi
i never repeted these mistakes ever
hero member
Activity: 574
Merit: 500
July 09, 2016, 11:32:47 AM
Most common mistakes for a newbie on this forum?
i think we all agree that it is posting some shit,which does not even count as posts right?
it is better to spend more time posting one that making a shitton in a short while but really bad posts.
hero member
Activity: 3024
Merit: 745
🌀 Cosmic Casino
July 04, 2016, 11:30:16 PM
Ahoy there  Smiley
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

common mistakes newbies make are giving up and they want to earn bitcoin fast. they think they can get bitcoin fast without studying and learning.

in the first time, newbies only get a little bitcoin, and then they will give up.

those are mistakes I can see.

Well we can't blame them and it is really a bad mistake for them if they are already giving up that if they aren't getting bitcoin fast.
There is no fast thing at all you need to work hard for it.
sr. member
Activity: 294
Merit: 250
July 04, 2016, 11:23:47 PM
Ahoy there  Smiley
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

I would say one of the most common mistakes causing investors to lose money is by believing things too easily. If the deal/investment sounds too good to be true, it probably is! Whenever in doubt, do your research online and seek some advice from the Bitcoin community on Reddit at bitcoin or btc. There are many helpful Bitcoiners out there who can help you out if you are unsure.
hero member
Activity: 1302
Merit: 503
Leading Crypto Sports Betting & Casino Platform
July 04, 2016, 11:18:22 PM
Ahoy there  Smiley
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

common mistakes newbies make are giving up and they want to earn bitcoin fast. they think they can get bitcoin fast without studying and learning.

in the first time, newbies only get a little bitcoin, and then they will give up.

those are mistakes I can see.
hero member
Activity: 3024
Merit: 745
🌀 Cosmic Casino
July 04, 2016, 10:56:47 PM
The most common mistakes of newbies is to invest in ponzi, like cloud mining, hyips, doubler sites to multiply coins in quick time and above most common is to go for gambling.

I agree they think that it is the only way of earning bitcoin. So, tendency they fall up to become a victim of ponzi.
And as well as other type of scams like cloud mining.
Because majority attracts them and they just think that it is right.
hero member
Activity: 952
Merit: 1000
July 04, 2016, 06:13:29 PM
The most common mistakes of newbies is to invest in ponzi, like cloud mining, hyips, doubler sites to multiply coins in quick time and above most common is to go for gambling.
hero member
Activity: 728
Merit: 501
io.ezystayz.com
July 04, 2016, 05:38:05 PM
Ahoy there  Smiley
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
There are many mistakes a newbie can do with Bitcoin.
Like using a scam website that attracts with good offers, then do not pay you.
I advice you to avoid falling into the trap of these scams websites.
I think that the OP was asking what mistakes you are looking at when dealing with Yobits.  This is a great site and there is a lot to learn.  One of the first mistakes is not to think that because they are starting a new coin, you will get rich off of it.  Do not think you are going to get rich off of anything on BTC, unless you have a lot to invest.  Watch the market and make wise decisions based on your research.  If there was one specific trick or trip, everyone would be doing it..
hero member
Activity: 938
Merit: 576
July 04, 2016, 09:58:49 AM
Ahoy there  Smiley
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
There are many mistakes a newbie can do with Bitcoin.
Like using a scam website that attracts with good offers, then do not pay you.
I advice you to avoid falling into the trap of these scams websites.
sr. member
Activity: 294
Merit: 250
July 04, 2016, 08:24:16 AM
Ahoy there  Smiley
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

Notlist3d is pretty much right,dont jump into signature campaining if you are not simply  ready for it: u need to get decent rank first,and then you can start making some decent profits
And about mistakes: Dont gamble,always check the person which you trade/loan with etc.
Good luck buddy,get profit but dont be greedy thats the 1st rule
legendary
Activity: 1008
Merit: 1000
July 04, 2016, 06:58:46 AM
Ahoy there  Smiley
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

Common mistake of newbies here is joining HYIP sites and Investor-based games that is more likely to scam you within few days resulting to a loss of your coins.

Yeah and its nothing new as when I was a newbie even I invested in doubler site to double my coins quickly, but then I realised that I have been scammed, but I learnt from my mistake.

That has to be the biggest mistake i see constantly, people thinking other people will double their coins in 5 minutes...it sounds great until they run and just never come back, there is no purpose to think someone can double your coins faster than you can.

That's true but when you are really new to something then that mistakes are obvious to happen, may be the greediness comes into play and that disturbs everything.
Well I agree with you. When I was new I have runned into many of that and lost a lot of money there maybe 0.03 BTC that I made that time in faucets. Well I guess God is good so I got an opportunity to earn big via trading especially when I joined here, and now I can easily get 0.03 BTC even more.  Grin

Yeah and everyone  has made that mistakes but the good thing is to learn from our mistakes and make sure that we don't repeat same mistake again and again in future.
hero member
Activity: 2912
Merit: 526
Reward: 10M Shen (Approx. 5000 BNB) Bounty
July 03, 2016, 07:05:15 PM
I think a common mistake is not protecting the private keys. If you lose the private keys or they are not secure, you will lose your bitcoins.
i think that is the appropriat answer for the question. i think th most common mistake the newbie often made is that they do not care for their account security. they some time do not know about the private keys which often put them in trouble.
Yes that's right , they only know how to use it not "how to secure and use for safe".
But since newbie only stores their bitcoin on online wallet , that's doesn't matter unless they are know about private key and dumbly share on public
hero member
Activity: 532
Merit: 500
Offer escrow, receive negative trust
July 03, 2016, 06:42:04 PM
I think a common mistake is not protecting the private keys. If you lose the private keys or they are not secure, you will lose your bitcoins.
i think that is the appropriat answer for the question. i think th most common mistake the newbie often made is that they do not care for their account security. they some time do not know about the private keys which often put them in trouble.

This isn't really a newbie mistake, but more of an overall stupidity issue...My first time using bitcoin, I printed a paper wallet and kept it all there.  Only way I'd lose the keys was if I lost the paper - not that difficult.  With digital wallets, the same mentality applies...  Smiley
sr. member
Activity: 252
Merit: 250
July 03, 2016, 06:29:40 PM
I think a common mistake is not protecting the private keys. If you lose the private keys or they are not secure, you will lose your bitcoins.
i think that is the appropriat answer for the question. i think th most common mistake the newbie often made is that they do not care for their account security. they some time do not know about the private keys which often put them in trouble.
sr. member
Activity: 364
Merit: 254
CryptoTalk.Org - Get Paid for every Post!
July 01, 2016, 08:40:24 PM
I think a common mistake is not protecting the private keys. If you lose the private keys or they are not secure, you will lose your bitcoins.
hero member
Activity: 3024
Merit: 745
🌀 Cosmic Casino
July 01, 2016, 06:37:10 AM
I think the most common mistake is not doing your homework. You should understand the basic of bitcoin before making a trade.

That's why many newbies are falling into the trick of investing to cloud mining sites,hyip's which are just ponzi schemes. Because they are not studying well about the thing that they are entering which is bitcoin.
hero member
Activity: 2590
Merit: 644
July 01, 2016, 03:47:08 AM
Most common mistake of bitcoin newbies is the expectation of earning high from bitcoin and becoming rich. In such a expectation users gets caught into the hands of scammers and cloud mining websites.
Yeah that is one of the common attitude of a newbie they want to earn a lot of money even they are just getting started and it cause of them to invest a lot of money to buy bitcoin and put it all on a HYIP investment site and after that most of them are just sitting and saying that it's for lifetime but they didn't they are caught on a ponzi scheme and after at least 1 month it will turn to scam and they will cry like a baby and blaming those sites but the real thing is it's their own fault Roll Eyes lol.
legendary
Activity: 1008
Merit: 1060
July 01, 2016, 02:18:21 AM
Most common mistake of bitcoin newbies is the expectation of earning high from bitcoin and becoming rich. In such a expectation users gets caught into the hands of scammers and cloud mining websites.


Yep, if a newbie stumbles upon an HYIP that has a really good offer, he might think that he just found a good way to make money. He might even think that it is how people make good money out of bitcoins. Without doing research, a newbie would surely fall victim into one of those HYIP sites. It's most likely that a newbie would take some money out of his pocket and invest it in a bitcoin doubler or other investment sites that offer quick ROI.
legendary
Activity: 3234
Merit: 1214
DGbet.fun - Crypto Sportsbook
July 01, 2016, 02:11:25 AM
Most common mistake of bitcoin newbies is the expectation of earning high from bitcoin and becoming rich. In such a expectation users gets caught into the hands of scammers and cloud mining websites.
sr. member
Activity: 244
Merit: 250
June 30, 2016, 07:35:31 PM
I think the most common mistake is not doing your homework. You should understand the basic of bitcoin before making a trade.
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