Topic: Newbie Come to Crypto What they should do first? - page 6. (Read 1040 times)
If you have been active in crypto since 3 years ago and why don't you just suggest your friend. Just give him more knowledge about crypto and you must give him an advice to learn more before try to invest in the crypto. He was a newbie and he must understand about the crypto market. There are so many scam tokens in the market and he must also understand about how to identify this shit scam token in the market.
I think that you can talk with him about that and remember that we have top 200 coins that look promising right now. that's the best thing that you can suggest it to him.
Let him to do his own research and he will be also getting more knowledge about crypto. Stick into the top 100 - 200 are the best choices.
My friend ask me, what coin he should buy , but I not really sure for now because I'm entering cryptocurrency 3 years ago. Too many coin right now that make me confusing
The first thing you should understand in buying coins now is not to depend on other people's advice but rather your own research on all the coins you like.Well for now it's actually a little different when you look at the benchmarks in the top ten coinmarketcap because the residents of the top ten cryptocurrencies are now new coins that have been created very successfully. And for my personal advice, try buying Solana, Ethereum and BNB if your friends can't afford Bitcoin.
I agree with this comment. Yes, we should do is learn to analyze the coins that we will invest in. Don't depend on anyone else. I've experienced this, when I was new to crypto I always asked friends for recommendations for investments. However, several times I invested it turned out that the coin was not profitable. I feel sorry because the coin I chose turned out to be better but because of lack of confidence I undo the intention to invest with my select coins.
I'm too busy to learn anything, what i look the project I feel good , I Will invest with all my have
If you are too busy to learn, then you will not grow any faster and for every investment that I think it is very common for everyone to do without having to tell except just to give the best choice. What is clear is that every Newbie seems very obliged to learn so that he can know everything. 
maybe you can start by buying a clear coin like eth or bnb i think this coin is safe for beginners then while studying and researching other coins and i think it will be useful and surely over time will understand what crypto is.
it would be great if he learned the basics first. however, sometimes a newbie will understand more quickly by doing it while learning. it will make him understand faster than just keep studying it. however, it takes preparation for it. because the probability that he will fail is still very high and may be above 50%. however, there are many ways to get started. You can do that by studying first, because there is a lot of material about crypto, or you can do it while learning. If you are a newbie and it is your first time involved in this business, better to focus on learning totally. Never think about what coin you need to buy, just think about the fundamental things you need to learn first. There are many basic things to learn, we need to learn about the market characteristics, learn about crypto coins' nature, learn about the strategy in investment/trading, and so on. These things must be your focus, not about buying coins or dreaming of profits instantly.
I'm too busy to learn anything, what i look the project I feel good , I Will invest with all my have 
If you are a newbie and it is your first time involved in this business, better to focus on learning totally. Never think about what coin you need to buy, just think about the fundamental things you need to learn first. There are many basic things to learn, we need to learn about the market characteristics, learn about crypto coins' nature, learn about the strategy in investment/trading, and so on. These things must be your focus, not about buying coins or dreaming of profits instantly.
I don't know which others, when i come first I look at coinmarket cap and learning a detil the coin I want to buy.
My friend ask me, what coin he should buy , but I not really sure for now because I'm entering cryptocurrency 3 years ago. Too many coin right now that make me confusing
You just have to buy coins that have guaranteed equipment, just look at the market board ranked 100 or just buy coins that are allowed in your country for convenience, don't buy because of lust that destroys you. My friend ask me, what coin he should buy , but I not really sure for now because I'm entering cryptocurrency 3 years ago. Too many coin right now that make me confusing
Not good enough way recommended for your friend about which one coins have to buy, I have bad mentality because some of our friend is not ready when recommended coins dump and will fault us become suggest him to buy several coin. I will answer when some friend ask me about which one coin have to buy just lets him with BNB or ETH coin, but they looks not enough happy with my answer because have expensive price with BNB and ETH right now because they have under $500 fund, looks little profit earn although BNB change price up because they want with $500 capital can be $5,000 in one time trading.
just because there are so many options of investment with altcoins out there doesnt necessarily means you should just bought them all for investment purpose.
you should just choose very few that you think really has good potential and then just invests.
investing like this you couldn’t always be sure 100%, the only thing you could do is doing more and more analyzation so that increase your chance of getting a great projects that could gives great return of investment in the long run.
and that should be the mindset of every traders. Just suggest it for your friend if he was need to take a look at the legit token to make sure they are getting safe investment first. suggesting the new token like meme token must be avoided.
you should just choose very few that you think really has good potential and then just invests.
investing like this you couldn’t always be sure 100%, the only thing you could do is doing more and more analyzation so that increase your chance of getting a great projects that could gives great return of investment in the long run.
and that should be the mindset of every traders. Just suggest it for your friend if he was need to take a look at the legit token to make sure they are getting safe investment first. suggesting the new token like meme token must be avoided.
Cryptocurrency markets are in a very risky situation right now. If there is a real bearish market, many coins will be wiped out. Therefore, if you are going to invest now, you should choose strong coins. BNB, ETH, Solana etc.
I don't know which others, when i come first I look at coinmarket cap and learning a detil the coin I want to buy.
My friend ask me, what coin he should buy , but I not really sure for now because I'm entering cryptocurrency 3 years ago. Too many coin right now that make me confusing
My friend ask me, what coin he should buy , but I not really sure for now because I'm entering cryptocurrency 3 years ago. Too many coin right now that make me confusing
It's always risky and confusing for new people to choose a suitable altcoin to make profit and the big mistake they do is believing on other people's advice instead of doing some effort by ownselves I think they forget that its their money, not those who are giving them useless advices. If you're new and choose an altcoin to invest by doing own research it doesn't give you guarantee to make profit with it but it improves your strength to do research about various projects and helps to find out suitable projects in future.
When I'm a newbie and just heard about cryptocurrencies then the thing I'm looking for information is how to earn crypto, then sell it to exchange for fiat, after 2 or 3 times I
I tried to earn by join bounty, hope is luck and going milyuner if possible. for my friend, I suggest him to join this forum to learn more.You mean you haven't kept yourself updated for last three years? Or did you join three years ago? I am guessing it probably is the former.
yes, former. I joined 3 years ago belong coin trx and xrp atm.I don't know which others, when i come first I look at coinmarket cap and learning a detil the coin I want to buy.
My friend ask me, what coin he should buy , but I not really sure for now because I'm entering cryptocurrency 3 years ago. Too many coin right now that make me confusing
My friend ask me, what coin he should buy , but I not really sure for now because I'm entering cryptocurrency 3 years ago. Too many coin right now that make me confusing
There are currently more than 17k coins and tokens on the market, but for newbies buying the top 20 rankings is a safer thing, if we look in general terms, the price movements of cryptocurrencies are almost the same, this is different from new listed coins which can be green and skyrocketed despite the red market, but this is usually a momentary pump to be recognized.
Right now, I want try invest a new potential token as my signature.
I don't know which others, when i come first I look at coinmarket cap and learning a detil the coin I want to buy.
My friend ask me, what coin he should buy , but I not really sure for now because I'm entering cryptocurrency 3 years ago. Too many coin right now that make me confusing
My friend ask me, what coin he should buy , but I not really sure for now because I'm entering cryptocurrency 3 years ago. Too many coin right now that make me confusing
There are currently more than 17k coins and tokens on the market, but for newbies buying the top 20 rankings is a safer thing, if we look in general terms, the price movements of cryptocurrencies are almost the same, this is different from new listed coins which can be green and skyrocketed despite the red market, but this is usually a momentary pump to be recognized.
They should first know what crypto currencies are, how they work and how to keep their assets (cryptocurrencies) safe. Before investing anything they should know the risks associated with it. The volatility of the market can sometimes make newbies scared/frustrated.
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My friend ask me, what coin he should buy , but I am not really sure for now because I'm entering cryptocurrency 3 years ago. Too many coin right now that make me confusing
You mean you haven't kept yourself updated for last three years? Or did you join three years ago? I am guessing it probably is the former. In that case, nothing much has changed. Yes, there are many coins right now but most of them are useless or shitcoins that adds no value to the current crypto ecosystem. Tell your friend to stick with top altcoins such as bitcoin and ethereum. Remind him not to invest anything that he can't afford to lose. My friend ask me, what coin he should buy , but I am not really sure for now because I'm entering cryptocurrency 3 years ago. Too many coin right now that make me confusing
My friend ask me, what coin he should buy , but I not really sure for now because I'm entering cryptocurrency 3 years ago. Too many coin right now that make me confusing
You can suggest your friend to start with the major token. I know that even you have been a few years in crypto was also confusing after seeing the market gets flooded with bunch of new tokens. suggesting the new token will be very difficult for you as you didn't know so well which new token that can be invested. The fact that it's not only you but sometimes me too. Im feeling so difficult to pick the new token and since your friend was totally new in the crypto and just suggest him top 100 CMC. this will be an alternative choice for you. this is good rather than suggesting your friend to invest in the meme token or another shit scam token
For a newbie it's always better to understand what is crypto currency and purpose of its existence and then when you decide to invest or get into trading or buy and hodl then always start with Bitcoin since the volatility is lesser compared to other altcoins and then gradually get into other reliable coins like ETH and BNB. Apart from this be a regular visitor to this forum and follow crypto related news channels as it will keep them updated about the ongoing market situation. It's always better to start with little amount which you can afford to lose as learning the concept is important than just blindly investing as it's not a Ponzi scheme.
Read. Keep on reading. That's what I did when I was a newbie and then when I learned as much as my brain could handle I go back to being a newbie and try to read more. Maybe you will ask why? Because there is always something new that comes out and you cannot be stucked on what you just learned years ago.
Before there were Waves, ICO, IEO, and a lot of things created in ERC20. Now, it's different. NFT, DeFI, and some unknown to my eyes and ears. That's why you have to keep on track with everything that is going on in the crypto field. You cannot just purchase blindly.
Before there were Waves, ICO, IEO, and a lot of things created in ERC20. Now, it's different. NFT, DeFI, and some unknown to my eyes and ears. That's why you have to keep on track with everything that is going on in the crypto field. You cannot just purchase blindly.
Yes precisely, being a newbie required you to keep on educating yourself, keep on reading because being an investor of crypto required up-to-date knowledge, especially of the technology. And of course, before you're going to enter in such thing you will make sure that you know what you are going to do and you make already done further research about it. It's a must that we have to do an update to our knowledge even if we are not a newbie in the industry because your knowledge about crypto is the key to success in this platform.
My friend ask me, what coin he should buy , but I not really sure for now because I'm entering cryptocurrency 3 years ago. Too many coin right now that make me confusing
Yes exactly, there are numerous coins and tokens in the crypto world, we can see some are listed on Coin Market Cap. And many more are not even listed on Coin Market Cap or COinGecko. Almost every day there will be new projects emerging, both legit projects and also shit projects. But so far, shit projects are much higher than the legit ones.
I will suggest you not to approach the new coming projects, moreover, those who promise many things, big thing, and also too good to be true. there are so many scammers, moreover to the newbies that are going to invest.
If you are going to start, I will better choose the top coins, mostly about to take Bitcoin (of course), next is the ETH and also BNB.
For others, you may see the top coins that have high trading volume and market caps also fundamentals.
Actually right now, there is a new trend of NFT and Metaverse. But you need better learn them at first before entering.
I don't know which others, when i come first I look at coinmarket cap and learning a detil the coin I want to buy.
My friend ask me, what coin he should buy , but I not really sure for now because I'm entering cryptocurrency 3 years ago. Too many coin right now that make me confusing
My friend ask me, what coin he should buy , but I not really sure for now because I'm entering cryptocurrency 3 years ago. Too many coin right now that make me confusing
I'll advise you what my friend who invited me here to do, invest first in Bitcoin and understand how Cryptocurrency works, you will not understand decentralization and anonymity and the purpose on why Satoshi created Bitcoin if you do not have Bitcoin first, everything starts with Bitcoin and all the other coins or tokens will just follow, after you've learned how everything works.
There's really nothing spectacular about this industry. People looking from afar could find it difficult, but when you come closer it's quite interesting and lucrative for those who are diligent and lucky. Information about the industry are readily available online and one could maximize earnings by taking advantage of the market volatility.
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