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Topic: MOST COMMON MISTAKES OF A NEWBIE - page 8. (Read 21678 times)

hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
June 14, 2016, 01:40:48 AM
One of the mistakes of the newbie is gambling their satoshi that they get from faucets and complaining for their loss.
sr. member
Activity: 364
Merit: 250
June 12, 2016, 04:10:21 AM
I think the most common mistake of a newbie are:

1. Getting scammed
2. Using faucets
3. Not buying BTC when it's low.
4. Investing in ponzis.

You gotta understand how bitcoin works as a newbie. Don't go for the quick profits, and go to the dodgy ponzi schemes. Nor should you sacrifice your time for tiny rewards on faucets.

Yeah to be honest i also do that things when i was a newbie and now i realize that's one of my stupid decision. But now i learned the lesson and i'm now using my bitcoin in a smarter way than before.
sr. member
Activity: 294
Merit: 250
June 12, 2016, 12:50:25 AM
I think the most common mistake of a newbie are:

1. Getting scammed
2. Using faucets
3. Not buying BTC when it's low.
4. Investing in ponzis.

You gotta understand how bitcoin works as a newbie. Don't go for the quick profits, and go to the dodgy ponzi schemes. Nor should you sacrifice your time for tiny rewards on faucets.
hero member
Activity: 966
Merit: 535
June 11, 2016, 07:15:56 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

Watch out for "investments" and hyips.  Also dont gamble too much actually maybe stay away all together.  Save your coin and swap it for other coins then horde them all.
newbie
Activity: 22
Merit: 0
June 10, 2016, 09:49:21 PM
You have to face it just like me. Everyone was a newbie once when the foray into bitcoin forum  began and no doubt there will be hundreds more to come, but I have written these fine words in the hope that you, dear newbie, can get a quick grasp.
newbie
Activity: 22
Merit: 0
June 10, 2016, 09:44:57 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
Everyone that starts a new work has big dreams, ambitions, and excitement. But you should learn enough before you start working.
newbie
Activity: 22
Merit: 0
June 10, 2016, 09:40:50 PM
I learnt not to hoard like that the hard way. So everyone listen to this guy he knows the ways.  Tongue

probably the best way is to lurk for a while even before creating an account (on any forum)
be patient and then create an account.

sometimes limited access if you do not register, register first was not a problem. but most new users are very lazy to read something. so yes read and understand is important. because you will get much benefit from reading

For a newbie is better to more read and learn anything for knowledge. It will avoid newbie to do so many mistakes. And the newbie will become more experienced. I agree with you mate.

yup right, and also when new users are sometimes in a hurry to be able to produce, but I think they do not yet fit to be earning. but looking for the experience by reading is the most important thing for new users.

And getting experienced people's thought about bitcoin, that is a good thing for you able to learn and you can lessen the mistake of a
newbie when you are going to get to try earning with bitcoin.
And probably the most mistakes of newbie is that they are not asking for it, or they are shy to ask for it.
Being a newbie can be daunting, and confusing for some. Most of the time, beginners do a lot of stuff wrong before doing them right. The key is to realize that investment is fraught with risks.
newbie
Activity: 23
Merit: 0
June 10, 2016, 09:36:44 PM
Always try to do the service with escrow maintenance because you can avoid fraudulent services and scam. Recently some weeks before I have got scammed by MRAI user nearly a worth 0.008 BTC. Try to be bit cautious.

Thanks for the advice!
Often new couponers are also guilty of going on couponing frenzies. They get so excited about the coupon clipping process that they start clipping every single coupon they see, in hopes that one day they will use or need it! This is not only a waste of time, but it can also cause you to become seriously unorganized. Experienced couponers know that they should only clip coupons that they will actually use. These should be items that your family really needs, not just items you think maybe you could possibly use eventually. Cutting these unnecessary coupons just clutters your binder and gives you more work to do. Plus, these coupons can actually cause you to spend even more money instead of saving it because you may end up buying products you didn’t really need and probably would not have purchased otherwise.
sr. member
Activity: 364
Merit: 250
June 10, 2016, 08:53:26 PM
I think the most common of newbie is investing on HYIPs with a small amount of bitcoin and asking why their profit is so small lol and they also trying to earn fast bitcoin in gambling sites with a small capital.
hero member
Activity: 826
Merit: 502
June 10, 2016, 05:09:17 AM
The most common mistake of a newbie is they think bitcoin is fast way to earn money/profit without real effort. They tend to try faucet, giveaway, signature campaign, ponzi, HYIP, gambling, altcoin trading, trading, mining, cloud mining or access deepnet. And usually they regret it later & some of them decided to forget bitcoin. Also, for newbies who join signature campaign, please don't make spam/very short post. I've seen some newbie or jr.


Don't we all thought that there are some ways to earn money without doing much effort and don't require much time? That's why most of us has been a victim of a ponzi site for once or twice. We all thought that those ponzi sites are "legit" sites like they have mentioned. This might be the most common mistake of a newbie.

Another mistake for a newbie in altcoin trading is buying a coin and expecting for the price to rise up or to double in a second or in a minute. I have come to a realization that you have to wait atleast a day or two before you can get real money out of trading. Some even wait for weeks or months when there's a new coin with potential.
member
Activity: 72
Merit: 10
June 10, 2016, 05:05:15 AM
The most common mistake of a newbie is they think bitcoin is fast way to earn money/profit without real effort. They tend to try faucet, giveaway, signature campaign, ponzi, HYIP, gambling, altcoin trading, trading, mining, cloud mining or access deepnet. And usually they regret it later & some of them decided to forget bitcoin. Also, for newbies who join signature campaign, please don't make spam/very short post. I've seen some newbie or jr.
full member
Activity: 196
Merit: 100
June 05, 2016, 02:13:54 PM
I think the most common mistake is using HYIP webs for obtain more BTC, you will get scammed in a few days, and gamble your btc immediately. I made the first mistake with my first satoshis (0.01 BTC).


Cheers!
member
Activity: 94
Merit: 100
June 05, 2016, 09:22:52 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


Newbies uses web wallet whfch is really not that secure. Try to find a more suitable wallet for you like a desktop wallet hardware wallet , paper wallet or etc. A wallet whch you are the only person who has access to it's privatekey. Also most newbie invest in hyips and ponzi like it's actually a real investment well it's not. They are fraud and eventually they will run with your coins. Also if yo are tradig, don't go with the current hype that every coin is in. Trade coins that has a solid foundation not those coins that the price rise up pretty quickly and ended up as a pump and dump scam.
and For a newbie is better to more read and learn anything for knowledge. It will avoid newbie to do so many mistakes. And the newbie will become more experienced.


hero member
Activity: 3150
Merit: 636
DGbet.fun - Crypto Sportsbook
May 26, 2016, 03:14:20 AM
Always try to do the service with escrow maintenance because you can avoid fraudulent services and scam. Recently some weeks before I have got scammed by MRAI user nearly a worth 0.008 BTC. Try to be bit cautious.

Thanks for the advice!

Well escrowing is needed if you are going have a transaction to avoid failure to your transaction.
Good luck for your transactions if you do have.
newbie
Activity: 35
Merit: 0
May 26, 2016, 03:12:45 AM
Always try to do the service with escrow maintenance because you can avoid fraudulent services and scam. Recently some weeks before I have got scammed by MRAI user nearly a worth 0.008 BTC. Try to be bit cautious.

Thanks for the advice!
hero member
Activity: 3150
Merit: 636
DGbet.fun - Crypto Sportsbook
May 26, 2016, 02:25:56 AM
I learnt not to hoard like that the hard way. So everyone listen to this guy he knows the ways.  Tongue

probably the best way is to lurk for a while even before creating an account (on any forum)
be patient and then create an account.

sometimes limited access if you do not register, register first was not a problem. but most new users are very lazy to read something. so yes read and understand is important. because you will get much benefit from reading

For a newbie is better to more read and learn anything for knowledge. It will avoid newbie to do so many mistakes. And the newbie will become more experienced. I agree with you mate.

yup right, and also when new users are sometimes in a hurry to be able to produce, but I think they do not yet fit to be earning. but looking for the experience by reading is the most important thing for new users.

And getting experienced people's thought about bitcoin, that is a good thing for you able to learn and you can lessen the mistake of a
newbie when you are going to get to try earning with bitcoin.
And probably the most mistakes of newbie is that they are not asking for it, or they are shy to ask for it.
legendary
Activity: 1862
Merit: 1046
May 26, 2016, 12:53:03 AM
I learnt not to hoard like that the hard way. So everyone listen to this guy he knows the ways.  Tongue

probably the best way is to lurk for a while even before creating an account (on any forum)
be patient and then create an account.

sometimes limited access if you do not register, register first was not a problem. but most new users are very lazy to read something. so yes read and understand is important. because you will get much benefit from reading

For a newbie is better to more read and learn anything for knowledge. It will avoid newbie to do so many mistakes. And the newbie will become more experienced. I agree with you mate.

yup right, and also when new users are sometimes in a hurry to be able to produce, but I think they do not yet fit to be earning. but looking for the experience by reading is the most important thing for new users.
hero member
Activity: 672
Merit: 500
May 25, 2016, 06:36:33 PM
I learnt not to hoard like that the hard way. So everyone listen to this guy he knows the ways.  Tongue

probably the best way is to lurk for a while even before creating an account (on any forum)
be patient and then create an account.

sometimes limited access if you do not register, register first was not a problem. but most new users are very lazy to read something. so yes read and understand is important. because you will get much benefit from reading

For a newbie is better to more read and learn anything for knowledge. It will avoid newbie to do so many mistakes. And the newbie will become more experienced. I agree with you mate.
legendary
Activity: 1372
Merit: 1005
May 25, 2016, 01:42:13 PM
Hey there! I'm a new guy here and also a beginner with bitcoin. I'm not sure this topic is the right place to ask, but I have a question about so-called HYIP programs which are usually claimed to be scam.
If these services are obviously fraudulent, why so many people still fall for that? And how to aviod that? Huh

Always try to do the service with escrow maintenance because you can avoid fraudulent services and scam. Recently some weeks before I have got scammed by MRAI user nearly a worth 0.008 BTC. Try to be bit cautious.
legendary
Activity: 1862
Merit: 1046
May 25, 2016, 03:52:18 AM
I learnt not to hoard like that the hard way. So everyone listen to this guy he knows the ways.  Tongue

probably the best way is to lurk for a while even before creating an account (on any forum)
be patient and then create an account.

sometimes limited access if you do not register, register first was not a problem. but most new users are very lazy to read something. so yes read and understand is important. because you will get much benefit from reading
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