Topic: Newbie Come to Crypto What they should do first? - page 8. (Read 1116 times)
I do not even think that top 10 is the key here. Its just about coins and tokens that have a future prospect. Like for example pancakeswap is not in anywhere near the top and yet I still would list that higher than a few of top 10s, think of the difference. The reality is that top 100 is cool, but you could find like 30 or so good projects in the top 100, the other 70 looks like they could be out of top 10 in 10 years. Why would I end up coins that are out of top 100 in 10 years? But I believe there are a good amount of them that will be in top 100 even after 10 years and those are the onest that you should invest.
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 am not sure for now because I'm entering cryptocurrency 3 years ago. Too many coins right now that make me confusing
My friend ask me, what coin he should buy , but I am not sure for now because I'm entering cryptocurrency 3 years ago. Too many coins right now that make me confusing
The first thing to do is to do a series of research about how cryptocurrency works as a currency and as an investment. A beginner should also know the risks of crypto investment. Next is having enough knowledge about the potential of the coin of their choice so they would know what to expect in the future. If a newbie is well knowledgable about crypto, he would also be able to handle his emotions towards it.
First, they need to understand what is crypto, learning the basics is pretty much necessary.
Once they learn the basics, they also have to understand the risk of investing in crypto, it's better this way because we will become more realistic than thinking of the profit alone which is the mistakes of some investors, and because they have that kind of mentality, they will easily panic every time theirs a dump and panic buying when it's pumping but with no plan to sell the coins at the right time.
Once they learn the basics, they also have to understand the risk of investing in crypto, it's better this way because we will become more realistic than thinking of the profit alone which is the mistakes of some investors, and because they have that kind of mentality, they will easily panic every time theirs a dump and panic buying when it's pumping but with no plan to sell the coins at the right time.
Not sure three years spending time with cryptocurrency do not know about which potential coin or not, I think just take one year is enough to know about which one potential and special coin have to invest, I think you can recommend with top ten coin global or have good standing on coin market cap like BNB, ETH, XRP and Solana coin. But give good thing for investing trough bitcoin and altcoin have lower price and never ask them keep entry when bitcoin have been on higher. Never become faster when investing on bitcoin trough not get good moment to buy back several altcoin, waiting is better and keep looking when bitcoin really dump to buy back.
There is really no way to start, there are plenty of things that you need to learn and then you need to pick one and learn that way. I do not know what type of learning is the best for you the VARK model in the sense that visual, auditory, reading and writing are the most known methods.
It means you need to first figure out what you are going to do with what type of system you are better at. If you can do that then you could do a lot better, in that sense we could actually end up with you learning something. Do not actually start from just one thing, there is no "one" thing that could be like that, just learn how you could start by feeling better, find the subject that will make you feel hyped.
It means you need to first figure out what you are going to do with what type of system you are better at. If you can do that then you could do a lot better, in that sense we could actually end up with you learning something. Do not actually start from just one thing, there is no "one" thing that could be like that, just learn how you could start by feeling better, find the subject that will make you feel hyped.
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.
Then you must know about the basic thing in the crypto just like blockchain, smartcontract and all of things related to the altcoins. this will give you a small insight about what kind of token or coin that you must pick it as your investment consider you are a newbies and why don't you just visit beginner section. this will help you a lot caused by so many newbies are learning various thing sfrom there. You can also dig some informations about the basic knowledged related to theblockchain.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
He can buy top 100 CMC as these will be the most promising tokens that can recover as soon as possible once the market will turn to be bullish again. The bad thing is ukraine problem may give another bad impact to the crypto market in the future. This thing must be solved as soon as possible. 
I think it depends on how you judge a project that you want to approach. I used to make money from shitcoin, and then I realized the risk was greater and went to topcoin but not necessarily. It will no longer have the risk, but just reduce it. It will give safety to the investment. That is what I will do. I don't believe in getting rich quick by buying a few coins and then believing it will be x100 in the future. Let's be real now and what are we looking for. I don't want to deceive myself by believing in things that are not transparent.
I think beginners should start with the basics, namely bitcoin.I understand that today the coinmarket looks like a showcase in a store, but it's better to buy a reputable asset first.Only after that you can look at other assets.
Sometimes it is not easy for beginners to practice, let alone to continue in the world of the crypto trading market.
Because there is a lot of knowledge that we should learn before we start, all of that for us too so that we don't make the wrong decisions when we look forward to buying and selling them.
When people already have knowledge, of course, their opinions differ.
Even though we know that no one is free from mistakes because it is indeed our risk.
Because there is a lot of knowledge that we should learn before we start, all of that for us too so that we don't make the wrong decisions when we look forward to buying and selling them.
When people already have knowledge, of course, their opinions differ.
Even though we know that no one is free from mistakes because it is indeed our risk.
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
If you are a novice cryptocurrency user or investor the first thing you should do is to familiarize the crypto market, on how it will function and it will behave, second is simple research about the type of project that you want to get on board like the roadmap, team, function, and utilization just be sure that the team is not fake, and if you are already satisfied with the information about the project then you are good to go and ready to participate in ICO, IDO, IEO, etc. But on the other side if you want to hold an existing crypto coin you can tract it in CMC, CoinGecko, 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
You can teach him what you know. Maybe you can suggest he buy bitcoin but not use it for trading as that will be too risky for new people. You can suggest he invest in bitcoin and do it continuously for some time. They need to learn by themselves and search for the lesson he wants. That is what I suggest for new people because I do not want to see them lose their money in trading if they do not have any skills. You can also tell him the website to learn and if he wants to trade, you can tell him that he needs to have good control as he will see the price will move fast. 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 is a matter of theory and practice when we are exposed to and hear a lot about this market, but when we experience it, the factors will directly affect us and what to do. It is to stand firm. And to have a good perspective, you need to have a certain understanding of the field in which you participate. Then you will realize that learning knowledge and putting it into practice requires companionship because it will bring understanding. There are a lot of interesting things in this market, and depending on how you think about it, you'll get different results, so I don't think there's any particular advice on trying it out. Only when you succeed in the same place where you failed, will you know how to make things better.
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
Why, do you have money to invest in a lot of coins, creating a coin is open-sourced and we are in a decentralized environment so even an amateur coder can create one, do you know that for 1 Waves that's less than $10 you can create your own token, the one advice that I can give you is to research and check what the coin is contributing to the technology, and it's impact to the community, you do this and you will end up to the top coins in the market like Bitcoin, Ethereum, Polkadot.
Three years in the cryptocurrency space is enough time to be acquainted with the working of the industry. I feel for a newbie in the cryptocurrency space, one should understand how a cryptocurrency wallet works and the difference in wallet addresses based on the blockchain and how to detect different wallet. There are several blockchain, so the majorly used ones should be the focus. It may be impossible to Learn everything in a course, but the more one stays in the space, the more knowledge is acquired.
Explain the beginning of bitcoin first, blockchain, then the basis of cryptocurrency, the most important thing is the basis before entering to make a profit here, if he knows basically he can choose where he goes to get a profit, because here there are many ways to make a profit.
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
If you are in the cryptocurrency investment for 3 years then its actually enough for you to understand how the investment works here, more the risks if the coin is literally new and old coin is good for long term. Choosing coins based on marketcap value might works but is should not be your first ever reason, you need to look at the real life usage of the coin. 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 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
3 years is already a long time for you to be experienced in this market. But it's good that you're honest for telling that you're confused and even you're that long, you may have not experienced that much in the market. 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
So, just tell your friend that he should look at the top coins like bitcoin. That suggestion will never be wrong. It's always the priority cryptocurrency to invest specially to the newbies.
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 think you will be investing and not trading so holding it for a while? I think they should familiarize first what is cryptocurrency and how it works, there's a lot of good articles online and its free and when you or your friend is familiar with it, you can check the top 10 or 20 of the coinmarketcap since those coins are good for long term investments and think what will happened to that coin after 5-10 years (that's how I choose what to buy coins for long term).
Invest! Not on any asset or coin but on your knowledge. Read a lot about this industry, the Blockchains, how they work, their purpose and uses, security, how to keep your funds(assets) safe, and so much more. You can simply search it or find a mentor a paid one or a friend. If not possible, free stuff are available all over the internet, you just have to put effort in searching for the information you need. In this industry, the amount of effort and time you put into gaining knowledge will determine what your future will be in this industry so please prioritize knowledge along with low cost experiences first. I would've really appreciated if someone has told me this in the past and so I tell you this now. Good luck and I hope this helps.
Certainly, right now there are so many options in the cryptocurrency market...but there are also many risks especially the new projects being introduced in the market. As they are saying, higher risks can mean higher rewards so it depends a lot on your appetite for risks. Look for the people behind any project and make sure they are legitimate enough. As to new projects, look for those involving the metaverse, gamefi and web3 because these areas can be where the coming growth is. And as always, never be attempted to be greedy and join possible scam programs...and there are so many out here enticing us with good returns but you can end up so disappointed and crying.
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