Newbies to Bitcoin can be dangerous! - page 10.

akungagal

member

Activity: 700

Merit: 11

send and receive money instantly, with no hidden c

Quote from: Pikachu12 on August 18, 2018, 12:10:58 AM

I totally agree with you. In the Cryptocurrency market, most traders are not well versed in investing. They just look at the chart and hear the voices from inside to determine the investment. This is really very bad. Let's really understand about Crypto before investing, that is my sincere advice.

yeah, you're right.
i really agree with your statement, it takes time to become an expert in the field of crypto.
and don't accept uncertain information before examining it further.

it will be good for beginners, I am also a beginner in the crypto field.
that is why until now i still ask many questions and seek more knowledge.
so as not to get caught in losses in unclear investments.

BennieMartin

newbie

Activity: 57

Merit: 0

Every member or legendary member were once newbie so, newbies are essential but it is also right that newbies without any knowledge can be dangerous.

Altf4

member

Activity: 322

Merit: 10

The newbies could be a danger to bitcoin
investment if they are not so familiar with it and they are just rushing to make trading with coins , this could lead to lose of capital and investment, so before you enter into this kind of situations be sure to be familiar with it to avoid risks.4

Pikachu12

full member

Activity: 435

Merit: 100

Quote from: Kakmakr on July 20, 2018, 08:39:32 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

I totally agree with you. In the Cryptocurrency market, most traders are not well versed in investing. They just look at the chart and hear the voices from inside to determine the investment. This is really very bad. Let's really understand about Crypto before investing, that is my sincere advice.

indayburakday012

newbie

Activity: 168

Merit: 0

Yeah this indeed that i had been to this risk and admit that i failed on my investment on bitcoin just recently after selling my bitcoin in a cheaper value. I had the fear that bitcoin might end soon so this thread make sense to the newbie like me. I do hope that i could recover my loss in the near future investing again on bitcoin.

Satish147

full member

Activity: 420

Merit: 100

Harmony for One and All

Quote from: Kakmakr on July 20, 2018, 08:39:32 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

Most of the retail investors we see now in cryptocurrencies market are entered mostly in the peak of hype or bull season. And they are badly effected. And not only that the people who entered earlier also are in loss. But the difference between these two type of people is the earlier people who entered are entered in this market based on anticipation on potential future of crypto market. But the late Community are entered mostly to earn money quickly. Everyone will be rewarded who wait for long term patiently. But investing in shitcoin will not give returns in long term. So pick the good coins for long term hold.

market-beta

jr. member

Activity: 392

Merit: 3

that's right bro. but if the beginner has the talent to invest and often learns to both read and ask senior bitcoiners. surely there will never be a word of danger again. everything turns into something fun ..

Zabzab9

newbie

Activity: 60

Merit: 0

I believe as part of the newbies here, we should study and understand how the procedures are being done. Since Bitcoin lives inside the internet where lots of anonymous netizens are capable of harmful practices, it is very important to seek first the possibilities before we proceed to a risky business.

Janation

hero member

Activity: 1722

Merit: 528

Quote from: MUSFIKAR on August 17, 2018, 10:38:10 PM

Yes, in my opinion, for beginners if they enter Bitcoin without their knowledge, they will get lost in investing or participating because they do not know the rules in the Bitcoin forum. It will be very easy for them to crash.

Bitcoin and the Bitcoin forum are different. And why do you think that it the rules of this forum that they should know and they might lost here? The rules here are easy to know you just need to explore.

I think the OP is talking about Bitcoin directly and not the forum we are in. These newbies will not be affecting the market since they are newbies, they will never invest on it so carelessly or aggressively right off the bat right?

Layers318

jr. member

Activity: 266

Merit: 4

CurioInvest [IEO Live]

Newbies to Bitcoin are mostly liable to panic selling in the event of any bear market. This is largely due to the lack of preparation and knowledge in cryptocurrency and the Bitcoin market. Newbies need to seek for counsel from crypto experts before beginning their investment.

MUSFIKAR

full member

Activity: 392

Merit: 100

Yes, in my opinion, for beginners if they enter Bitcoin without their knowledge, they will get lost in investing or participating because they do not know the rules in the Bitcoin forum. It will be very easy for them to crash.

xitrum

member

Activity: 392

Merit: 10

Quote from: Kakmakr on July 20, 2018, 08:39:32 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

You can see that the market is showing signs of recovery, bitcoin prices and altcoin prices are starting to rise very strongly, especially altcoin. So, I believe this is a great time to start buying bitcoin and altcoin trading. Always observe the bitcoin price when making a decision to process in a timely manner when the bitcoin price decreases.

wildflower18

sr. member

Activity: 714

Merit: 250

Newbies can and cannot be dangerous in crypto but they should take time to learn and gains knowledge. Above mentions information are very helpful, we should do proper research before having an advise to the newbies or any person. Newbies should always be careful before investing always have the guts to know everything though it take time in crypto.

EVIAJOHNPAUL

newbie

Activity: 71

Merit: 0

Newbies is not affecting any one its because they want to get a knowledge and learning about the bitcoin talks the fact they can help if people want to invest the time and bitcoin will increase and if people know this they go to make more to increase and
Any one helping to increase bitcoin

anonymous2020

member

Activity: 120

Merit: 10

Quote from: Kakmakr on July 20, 2018, 08:39:32 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 will be a lesson for new comers in the crypto world to be careful in conveying information.And as seniors,be wise to address their mistakes.Don't judge them because of their weak knowledge.Tell them what is wrong and what is right.because in this furom senior or newbie are still learning.

BitcoinPanther

hero member

Activity: 1918

Merit: 564

Quote from: Kakmakr on July 20, 2018, 08:39:32 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

I get your point Kakmakr. Little knowledge is indeed dangerous.

Sadly, many people out there feels they are already experts since very few are actually knowledgeable on bitcoin and the technology behind it. In fact some people would pick up jargons to lose you in an explanation battle and make them sound much much more techie and credible.

I read somewhere here in the forum too how they hate newbies who were successful to cash in their first cryptocurrency payment and start calling themselves a crypto trader. And will start giving out trading advice even when unsolicited.

And such attitude does more damage than help really. Imagine being misled to an idea which is not factual at all just because the person claimed to be an expert on cryptocurrency.

Thus, i am with you. Let us rally for better crypto education and sharing of factual knowledge in hopes to improve the crypto community we are in.

Cheers for sharing your thoughts!

doodle07

member

Activity: 311

Merit: 10

Yes it is, but everyone has the ability to learn but it will take time. For beginners or newbies like me, do not be afraid or shy to ask questions because it is better to ask than to pretend that you knew something about the industry or field you are entering. Knowledge is always be a power, so if you knew the basics and making an effort to learn and ask how it works then you will be guided and enlighten. First make an effort to learn as much as you want to earn. Good luck to every newbies here

mackenzie5

newbie

Activity: 156

Merit: 0

Newbies to bitcoin can commit regular mistakes in the market it will be a big threat and revers flow of the bitcoin price.If newbies are entering to the market with out the proper market study and further home work it will be a big disaster and a threat to bitcoin in the public and can become a big propaganda against the bitcoin in the market.If they are entering to the hike market and it is under the bearish influence the price can come down the newbies will become panic and they will be selling and booking lose This will impact worse in the market.

cedrixperez

jr. member

Activity: 149

Merit: 1

Well we have many newbies having involvement in bitcoin nowadays some newbies are easy to trust especially if there are some site that gives huge bitcoin a day well maybe we all have experience this when we are starting to learn bitcoin so lets teach them on how btc works and how to be a good btc holder.

tungaqhd

hero member

Activity: 1540

Merit: 508

Quote from: Kakmakr on July 20, 2018, 08:39:32 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

newbies are very easy to be attracted by scam ico, website because they always give high profit. moreover, they don't secure their wallet correctly so it often get hacked.

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