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Topic: Newbies to Bitcoin can be dangerous! (Read 2834 times)

jr. member
Activity: 140
Merit: 2
REMIIT.IO
September 08, 2018, 02:40:17 PM
Not worried about the newbies. The newbies are the ones that should be worried. Especially if they’re just into bitcoin because of the bandwagon effect or to get-rich-quickly.  Grin
newbie
Activity: 73
Merit: 0
September 08, 2018, 02:24:48 PM
No I don't think that because only newbies can't be dangerous all those users whop don't know about bitcoin and spread knowledge are dangerous.
sr. member
Activity: 1078
Merit: 254
September 08, 2018, 02:18:49 PM
I like the way you constructed your post, but what I didn't like is the way you started the topic title, it's kinda off, and it is somewhat negative through newbies, I mean they can learn more, and they will tend to make mistakes but it is understandable since they are newbies, so probably next time we should teach them and not neglect them.
hero member
Activity: 980
Merit: 500
September 08, 2018, 01:46:16 PM
I don't think bitcoin is a dangerous thing for newbies. It is a profitable thing for them. But their are some situations where it can be dangerous for bitcoin. Bitcoin is a highly volatile currency and although it is short term profitable cryptocurrency but still it is a risky investment thing. And newbies who doesn't knows about its market up and downs and try to invest in it and suffer a heavy loss. And many newbies are many time get fraud by many antisocial people. And many fake bitcoin sites confuse them and fraud them.
newbie
Activity: 35
Merit: 0
September 08, 2018, 10:55:40 AM
I have run into several Bitcoin "newbies" over the last couple of months, that are spreading the wrong information on forums and/or in person. Their intentions is good, but the results is bad, because they did not do proper research.

Some of these people are selling themselves as experts, because they have been in the scene for a few months. I have been in the scene for years and I still know very little about EVERY aspect of this technology.

I think you should rather admit it, when you do not know something about the technology, than selling your little knowledge as facts. I will regularly tell people that I am not clued up with every aspect of this technology, but I always try to do proper research, when I encounter something that I am not 100% clued up on.

~ Ask, if you not sure.
~ Do not lie, if you are unsure.
~ Do proper research, before you educate other people.
~ Accept that you will not know it all.
~ Fact check what you already know.
~ Do not argue, if you not sure about your facts.

Let's agree that we all learn something new about this great technology almost every day, so only a small amount of us are experts.  Wink
Yes it is true, they are in the verge where when you are not aware in the environment especially in bitcoin there is a possible that you may scam easily, but you will pass it if you have the guts to ask other people in bitcoin or asking them an instructions or advice and also you may read all the rules and regulation here and tips to avoid scam.
jr. member
Activity: 50
Merit: 1
September 08, 2018, 10:21:11 AM
I have run into several Bitcoin "newbies" over the last couple of months, that are spreading the wrong information on forums and/or in person. Their intentions is good, but the results is bad, because they did not do proper research.

Some of these people are selling themselves as experts, because they have been in the scene for a few months. I have been in the scene for years and I still know very little about EVERY aspect of this technology.

I think you should rather admit it, when you do not know something about the technology, than selling your little knowledge as facts. I will regularly tell people that I am not clued up with every aspect of this technology, but I always try to do proper research, when I encounter something that I am not 100% clued up on.

~ Ask, if you not sure.
~ Do not lie, if you are unsure.
~ Do proper research, before you educate other people.
~ Accept that you will not know it all.
~ Fact check what you already know.
~ Do not argue, if you not sure about your facts.

Let's agree that we all learn something new about this great technology almost every day, so only a small amount of us are experts.  Wink

very opinion is useful! of course there is not enough information and not an understanding of the whole crypto industry, can not take the whole picture of the market! the market is very young, he is only 8 years old. I'm sure that soon the world opinion will change, bitcoin and the entire crypto market will respect and understand that further without it it will be impossible to develop!
full member
Activity: 420
Merit: 100
Harmony for One and All
September 08, 2018, 10:19:08 AM
I have run into several Bitcoin "newbies" over the last couple of months, that are spreading the wrong information on forums and/or in person. Their intentions is good, but the results is bad, because they did not do proper research.

Some of these people are selling themselves as experts, because they have been in the scene for a few months. I have been in the scene for years and I still know very little about EVERY aspect of this technology.

I think you should rather admit it, when you do not know something about the technology, than selling your little knowledge as facts. I will regularly tell people that I am not clued up with every aspect of this technology, but I always try to do proper research, when I encounter something that I am not 100% clued up on.

~ Ask, if you not sure.
~ Do not lie, if you are unsure.
~ Do proper research, before you educate other people.
~ Accept that you will not know it all.
~ Fact check what you already know.
~ Do not argue, if you not sure about your facts.

Let's agree that we all learn something new about this great technology almost every day, so only a small amount of us are experts.  Wink

This is really true. I myself trying to learn alot about crypto space since starting of 2016 and still I believe that what I know is very little compared to others. This technology has endless innovations and possibilities to discover for some good causes. But newbies don't understand this at all. They always try to criticize when they make losses and pump the news when Crypto token value increases.

Newbies need to learn the real value and use of cryptocurrencies in our economy. Then only we can see the real adoption of cryptocurrencies in the world.
newbie
Activity: 106
Merit: 0
September 08, 2018, 10:14:34 AM
Yes because their bitcoin can be hacked or scammed.That is why it is very important for them to seek advice from an expert.Do a lot of research and know about the bitcoin world.
newbie
Activity: 167
Merit: 0
September 08, 2018, 10:10:42 AM
I am very agreeable to that. Because some newbies are insufficient of knowledge about BTC
That's why it is very risky to them  to be part of those victims of scammers and fraud people.
jr. member
Activity: 202
Merit: 1
September 08, 2018, 10:01:52 AM
that's right bro. therefore, beginners who still do not have the experience of investing in bitcoin are better looking for experience by asking bitcoiners and must be diligent in reading. By asking and reading. can be the main capital to invest in bitcoin bro
jr. member
Activity: 123
Merit: 1
September 08, 2018, 09:54:25 AM
Agree 100% with your opinion. I am also in this market since 1 years but my knowledge about core technology about bitcoin is very less and on this forum i am try to learn amore about bitcoin.
jr. member
Activity: 122
Merit: 1
The Pure Proof-of-Tansaction [POT]
September 08, 2018, 09:53:29 AM
Newbies indeed are topics creator here in the forum because they are lazy in reading. They don't even know if the topic they created are already discussed several months ago. It became redandant, but for the sake of co newbies it will serve as of help for them because they all the same.
newbie
Activity: 84
Merit: 0
September 08, 2018, 09:52:55 AM
yes that is the bitcoin user ... there needs to be a more senior mentor, because he is at high risk if he mis steps, but if someone directs it it will be better.
newbie
Activity: 168
Merit: 0
September 08, 2018, 09:50:41 AM
i think investing any bitcoin can invest you just have a computer or have a smartphone connected to the network you can invest in bitcioin but to reduce your risk you should be careful when investing
member
Activity: 226
Merit: 26
September 08, 2018, 09:48:26 AM
Yes it can be dangerous to them if they are non educated person towards cryptocurrency , and they start entering the world of cryptocurrency without knowledge to them. Because sometimes the scammers are always target the newbies through in bitcoin or any digital currency .
newbie
Activity: 420
Merit: 0
September 08, 2018, 09:38:07 AM
I Agree with that.  Most important of all is to try research first. If you are newbie never argue and act  as if  you know everything.
But if we an expert try to help newbie to understand how volatile bitcoins/crypto is. Maybe if we help each other to understand bitcoins, may lead to prevent newbies to fall in dangerous learning.  Smiley
newbie
Activity: 80
Merit: 0
September 08, 2018, 09:17:57 AM
Surely, sir, there are always be some that may spread wrong knowledge and they know very little bit about cryptocurrency so whenever the newbie make a mistake so the senior may correct them that if we should do it just like this so it may help to all and that is the way through which newbie and seniors have an interaction.
full member
Activity: 392
Merit: 100
September 08, 2018, 09:12:18 AM
as a beginner, they have to find a lot of information about bitcoin and how to risk it because if they make a mistake in making a decision it can make them lose, and actually by asking or reading they will be able to do well and will have a better experience to be successful
full member
Activity: 392
Merit: 100
platform for everyday business
September 08, 2018, 08:51:00 AM
I have run into several Bitcoin "newbies" over the last couple of months, that are spreading the wrong information on forums and/or in person. Their intentions is good, but the results is bad, because they did not do proper research.

Some of these people are selling themselves as experts, because they have been in the scene for a few months. I have been in the scene for years and I still know very little about EVERY aspect of this technology.

I think you should rather admit it, when you do not know something about the technology, than selling your little knowledge as facts. I will regularly tell people that I am not clued up with every aspect of this technology, but I always try to do proper research, when I encounter something that I am not 100% clued up on.

~ Ask, if you not sure.
~ Do not lie, if you are unsure.
~ Do proper research, before you educate other people.
~ Accept that you will not know it all.
~ Fact check what you already know.
~ Do not argue, if you not sure about your facts.

Let's agree that we all learn something new about this great technology almost every day, so only a small amount of us are experts.  Wink

Will,i respect your intentions into this worlds of crypto technology,to become more progressive and not turn,into disaster by creating some newbies false ,and telling themself expert in cryptocurriencies,otherwise maybe sometimes we are wrong to our thinking because ,there are some newbies are more knowledgeable and easily to catch up the idea of digital investment technology and we cannot let them down.
jr. member
Activity: 252
Merit: 1
September 08, 2018, 08:41:17 AM
if newbie does not care about crypto scams, they are really delusional in it, it is better for newbie to read first about cryptocurrency like me when I was in that situation. I became very aware of the market's movements and the possible consequences.
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