New to Crypto, Any Advice? - page 7.

a2offrb

full member

Activity: 453

Merit: 101

RISE WITH RAYS FOR THE FUTURE

Faucets are fair to some extent but can not earn you big as you are aware. You should however ensure not to put all your eggs in one basket in any case you want to start trading. Meaning you should not invest all your total capital on just one coin aside not biting more than what you can chew[Don't invest what you can not afford to loose]. Additionally, Diversification also make a lot of help, where you divide your capital into about two three coins you have researched into for Trading. So that the Dip of one could be raised by the hype of the other. Lastly wear the cloth of risk to avoid panicking. Best luck.

juragane

member

Activity: 476

Merit: 10

CAT.EX Exchange

if there is a new cryptocurrency it seems you just need to follow the course only you should be able to take advantage of the new coin to be able to provide very much profit for you.

Corsicoin

full member

Activity: 448

Merit: 107

CryptoSport

New to Crypto?
Buy a Dolorean and go directly in 2010.
Buy Thousands of them.
Take a deep breath and enter your sleeping machine.
Wake Up in Jan 2018. Enjoy.

Kittygalore

member

Activity: 868

Merit: 63

Quote from: grey_golf on March 04, 2018, 10:50:55 AM

Hello, Im new to the Crypto world and wanted to hear some advice from the pro's on where to start. i havnt purchased any coins yet, but i have been using coinpot and various faucets. I was wondering if i should keep going with this or is it a waste of my time. Also they say theres no fee for converting coins, but i dont get the same conversion rate as i do on the coinmarketcap calculator. Basically id like to hear from the professionals maybe a strategy for really small trades, or that this is a waste of time and buy some coins with my hard earned money and go from there lol. and if thats the case, where to go. im in Canada by the way, if that helps.

Thanks for any help you can offer me. I hope to get more active in the forums and meet great/smart people along the way

Matt

Well in investing into cryptos you have to be patient, open-minded and very strategical in order to have low profit loss. Strategically like you know when to buy and when to sell your coins and what to do into a certain phenomena that is happening to bitcoin market. You can also ask to this forum about your questions since this forum is filled with veteram investors anyways. Be patient because it is as it is in investing into cryptos.

salintheonline

newbie

Activity: 125

Merit: 0

In the cause of my extensive research in the early days, I’ve realized a very important rule of the thumb in the crypto markets — only invest what you’re willing to part ways with. This is because the market is exceptionally volatile, one which is fueled by hype and market sentiments rather than fundamental elements. This makes the crypto markets intensely risky; that’s why you have the potential to make loads of money or lose everything instantly. In modern finance, this is exemplified by the relationship:

Kingjagat

newbie

Activity: 122

Merit: 0

Quote from: stripewhite on May 22, 2018, 04:42:58 PM

Buy because you believe in the technology and the team and the community. not because someone on reddit or youtube mentioned it
Buy SafeCoins (BTC, LTC,ETH) and Mid-Risk Coins (DASH, BTS, ANS, XRP, ETC...) you know the top 20 coins.
Don't buy ICO as if you know shit
Buy during US / CHN Market hrs, more volume more dips and highs
Don't be an idiot and think you know how to day trade
Buy for the long term (it's not 3 mths/6mths. it's 3 years or 5 years )
Don't buy all at once. Phase out ur buy wkly/mthly. e.g. i want to invest 30% on whatever coin into my portfolio. put in 5% 6 times over 1/2 mth period. put in more during dips. i know you just started and you want to get in in the action quick. but do take this time to understand this market cause its fucked up
Be Brave and HODL when shit gets bad
Learn how to use a Wallet
Dont Buy shit coins
Always use 2 Factor Security
It's okay to buy and sell reading the news and picking up whats trending
Don't Invest in what you can't lose

I think you can check out the bitcoin and Altcoin markets section of this forum for more details and you can earn a living by doing freelance work for various coin offers as well as having a signature campaign when your status here on forums reaches at least a Junior level. You can then use some coins to trade and also check out some exchanges like COSS and KUCOIN, which offer prizes for trading volumes of people every day and reward merchants on a monthly basis through various promotions.
I flushed the faucet for many years and then realized how much time wasted when I found a job here instead.

acord00

jr. member

Activity: 225

Merit: 1

My advice that you must read a lot and monitor the market. Understand about investing, trading, buying and selling crypto currency, the price of crypto currency and its development, crypto currency market and much more. After you've read a lot, I'm sure you'll get more coin enlightenment what you should buy. Especially if you can analyze the market then you will be able to determine which coins have a bright future. The key do not be lazy and do not get bored reading.

DavitRoi

newbie

Activity: 490

Merit: 0

you have to study more about it and about privacy you should know that privacy depends on you so keep your password safely and use a good wallet that's all.

wireless1889

member

Activity: 210

Merit: 10

Quote from: grey_golf on March 04, 2018, 10:50:55 AM

Hello, Im new to the Crypto world and wanted to hear some advice from the pro's on where to start. i havnt purchased any coins yet, but i have been using coinpot and various faucets. I was wondering if i should keep going with this or is it a waste of my time. Also they say theres no fee for converting coins, but i dont get the same conversion rate as i do on the coinmarketcap calculator. Basically id like to hear from the professionals maybe a strategy for really small trades, or that this is a waste of time and buy some coins with my hard earned money and go from there lol. and if thats the case, where to go. im in Canada by the way, if that helps.

Thanks for any help you can offer me. I hope to get more active in the forums and meet great/smart people along the way

Matt

You have to learn more. You can always browse about the basics on bitcoin investing since bitcoin investing isn't that hard and you will get it faster. This forum will help you in any way it can since these replies came from investors that has knowledge to answer you questions about bitcoin. My tip is to be patient in bitcoin investing and don't be persuaded to others.

Genamant

full member

Activity: 730

Merit: 102

Trphy.io

Quote from: grey_golf on March 04, 2018, 10:50:55 AM

Hello, Im new to the Crypto world and wanted to hear some advice from the pro's on where to start. i havnt purchased any coins yet, but i have been using coinpot and various faucets. I was wondering if i should keep going with this or is it a waste of my time. Also they say theres no fee for converting coins, but i dont get the same conversion rate as i do on the coinmarketcap calculator. Basically id like to hear from the professionals maybe a strategy for really small trades, or that this is a waste of time and buy some coins with my hard earned money and go from there lol. and if thats the case, where to go. im in Canada by the way, if that helps.

Thanks for any help you can offer me. I hope to get more active in the forums and meet great/smart people along the way

Matt

Hey there mat. First off just try out and buy a small amount of bitcoin and read up on trading. Learn the basics and see how it goes. If you think you can prosper and make profit in trading then slowly up your investment for trading. Read, research are key to trading and most of all be patient. Goodluck!

Aragorn_125

full member

Activity: 448

Merit: 100

MenaPay - Crypto made easier than cash

I think there will be more and more. After all, this topic is quickly imbued with all layers of society because it can make good money and without much effort.

gesdan

full member

Activity: 616

Merit: 100

welcome to this forum, I think if you try the faucet network, its okay some people said that it's not waste time because you will get the reward and some people said that faucet is not worth it because it wasted time, so its back to you is it waste your time? is the reward is not worth it with the time that you spent? if its not worth it you need to find another method to get bitcoin

Xxmodded

sr. member

Activity: 2254

Merit: 309

SOL.BIOKRIPT.COM

Quote from: grey_golf on March 04, 2018, 10:50:55 AM

Hello, Im new to the Crypto world and wanted to hear some advice from the pro's on where to start. i havnt purchased any coins yet, but i have been using coinpot and various faucets. I was wondering if i should keep going with this or is it a waste of my time. Also they say theres no fee for converting coins, but i dont get the same conversion rate as i do on the coinmarketcap calculator. Basically id like to hear from the professionals maybe a strategy for really small trades, or that this is a waste of time and buy some coins with my hard earned money and go from there lol. and if thats the case, where to go. im in Canada by the way, if that helps.

Thanks for any help you can offer me. I hope to get more active in the forums and meet great/smart people along the way

Matt

I think you can engage deep in the crypto industry, there are many options you can do to find every advantage and opportunity. but they are not easy and simple, especially if you do not intend to spend money as an investment tool. but I think you can start from the basics of the vast knowledge in the crypto industry.

Maame Esi Sergio

newbie

Activity: 112

Merit: 0

You can engage in long term investments into bitcoin or any popular altcoin like the eth, but remember the market is volatile, very unstable so i would advice you invest what you can afford to lose. This is all about risk taking. Day trading is also another way to make some money in crypto but that requires expert. You can also invest in ICOs but that also comes with scam projects. All i wanna inform you is each way you hit wash out for the "BUTS"

bohtrung3

newbie

Activity: 122

Merit: 0

In my opinion, if we want to know about bitcoin and cryptocurrency, then keep looking for the original platform, because we do not need to waste time on the faucet because ROI is timely invested very badly. It's better to participate in a signature campaign here, if we do not want to invest the money or saet we have today.

sssyjmr13

newbie

Activity: 10

Merit: 0

Quote from: grey_golf on March 04, 2018, 10:50:55 AM

Hello, Im new to the Crypto world and wanted to hear some advice from the pro's on where to start. i havnt purchased any coins yet, but i have been using coinpot and various faucets. I was wondering if i should keep going with this or is it a waste of my time. Also they say theres no fee for converting coins, but i dont get the same conversion rate as i do on the coinmarketcap calculator. Basically id like to hear from the professionals maybe a strategy for really small trades, or that this is a waste of time and buy some coins with my hard earned money and go from there lol. and if thats the case, where to go. im in Canada by the way, if that helps.

Thanks for any help you can offer me. I hope to get more active in the forums and meet great/smart people along the way

Matt

hi, my suggestion is u should learn the basics first about crypto to avoid scams or anything. if you're trying to earn some money, try to download telegram on your phone, it is a very easy way to earn crypto.

and if you are trying to buy some, look at the market cap, not the price. i'd say that investing is also a good idea.

innoken

newbie

Activity: 2

Merit: 0

I will suggest you to invest only in top 10 coins based on market cap. You will not be able to pick good coins from the new projects, you will learn this with time.

AlexAtom

member

Activity: 560

Merit: 10

YOUC - www.youengine.io

Quote from: grey_golf on March 04, 2018, 10:50:55 AM

Hello, Im new to the Crypto world and wanted to hear some advice from the pro's on where to start. i havnt purchased any coins yet, but i have been using coinpot and various faucets. I was wondering if i should keep going with this or is it a waste of my time. Also they say theres no fee for converting coins, but i dont get the same conversion rate as i do on the coinmarketcap calculator. Basically id like to hear from the professionals maybe a strategy for really small trades, or that this is a waste of time and buy some coins with my hard earned money and go from there lol. and if thats the case, where to go. im in Canada by the way, if that helps.

Thanks for any help you can offer me. I hope to get more active in the forums and meet great/smart people along the way

Matt

faucet is nothing than wasting time i guess. Even some airdrops are not worth to do because the rewards is very small.
the advice i want to give you is if you have a limited time, i suggest you to not doing such things. If you want to earn some coins, do bounty instead.

terencio

member

Activity: 742

Merit: 11

First the faucet don't waste too much of your time there. I've been there I was noob before. It will not make any difference. Instead find someone who you can follow , what to read, watch video and find expert who has been in crypto for quite sometimes. Don't borrow money just to invest. Never sell at lose. Avoid Pump and Dump Group.

nguyenhoven

jr. member

Activity: 248

Merit: 1

Quote from: stripewhite on June 03, 2018, 06:18:47 AM

1) Never sell for loss. Market is still evolving quite rapidly and there are more chances that your investment is going to increase from your buying price in due course even if it's at loss presently. A bit of patience will be fruitful later.

2) Never fall prey to FUD (fear, uncertainty, and doubt) and FOMO (fear of moving in). Remember that old saying - grass is always greener on the other side. Do some research and keep believing in your investment.

3) Alts always seem to go down when bitcoin is swinging wildly, no matter which direction bitcoin is moving. However, they catch up pretty quickly once bitcoin stablizes. Therefore don't panic sell if you see a plunge.

4) Prices almost always tend to correct/go down after a brisk increase or all time high.

5) No-one can predict the price of a coin, so, if anyone is doing so he must be misleading. Fundamental/technical analysis can help predict the trend though.

Above all, keep faith in the almighty, and your coins will MOON one day!!

point number 4 is very valid. Most people love to follow the strategy to buy high and sell low, which is only down to their emotional decisions. Try to prevent letting emotions decide

Topic: New to Crypto, Any Advice? - page 7. (Read 2386 times)