Newbies to Bitcoin can be dangerous! - page 12.

coinscircle

member

Activity: 202

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

It is certainly very dangerous. You can see that the market is in the downtrend phase and the price of bitcoin and altcoin are constantly decreasing, if you do not have enough knowledge and experience then I believe you will definitely trade the failure. I think you should study carefully before you intend to enter the market at this time.

Ahsan Aly

member

Activity: 462

Merit: 10

Yes, i agreed this is just due to lack of knowledge but this could be turned into huge success. This forum will be very helpful. They should be focused and read much about BTC , Altcoins , etc , Simply Wink

Panetymerni

newbie

Activity: 60

Merit: 0

These are the people that are selling with loses right now.

pragna

full member

Activity: 1582

Merit: 101

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.

Yes i think you are right here. Forum is the best place for learn about cryptocurrency. The more anybody learn from here he will be succeed. But in present days newbies are coming just to income not for know anything. As a result they own misguided and also misguiding another.This is very bad for everybody. I request to newbies please read more and more for your future success.

martin1221

full member

Activity: 504

Merit: 102

This is true mate, sometimes you are telling people those news with a risk to them and also to yourself. Just share what you know and not those you didn't know already. Lets just be careful of what we are saying into others because technologies are going upgrade everytime, so we must also be updated of what is happening into it and share what is right not fud.

Wish 107.5

full member

Activity: 420

Merit: 102

There’s a possibility that newbies to bitcoin can be dangerous; especially when newbies are lacking knowledge regarding bitcoin investment. If they do not have enough knowledge, everything may fall apart.

painting_money

newbie

Activity: 83

Merit: 0

It could be that way. If you are new to this market then you should learn how to secure your wallet first. After learning how to secure your account and wallet, you should learn how to invest so that you reduce the risk to the lowest level.

bentong talong

full member

Activity: 383

Merit: 100

🚀🚀 ATHERO.IO 🚀🚀

Quote from: trangoccho on August 13, 2018, 05:51:55 AM

I fully agree with you, I have been involved for almost a year but I still do not understand this technology. I'm still learning about what I'm doing. I am completely blind on investment and market participation.

Bitcoin can really be dangerous to newbies if they do not have enough knowledge about it. If they will just invest without consulting or reading facts. To avoid loss, research is a must.

Jose Rizal

full member

Activity: 273

Merit: 100

Quote from: copperton on July 20, 2018, 09:14:56 AM

We can call them newbie experts and they are dangerous because they don't know the ABC of cryptocurreny market never do proper research and start educating and suggesting peoples and with their these kind of experiments peoples loose money because they start spreading fake, news i am also familiar with bitcoins since two years and i take proper knowledge and do research then do post or suggest people.

O agree with you, and if you think Bitcoin was really knew to yoi then dont enter yoirself here with a trial and error guts, and too much confidence cause it will lead you to vulnerability to lose wll your money and investments that you would like to try so better be guided, be observant ,be knowledgeable ask wuestion and read always these things will help you to cope up.

trangoccho

newbie

Activity: 66

Merit: 0

I fully agree with you, I have been involved for almost a year but I still do not understand this technology. I'm still learning about what I'm doing. I am completely blind on investment and market participation.

Bumblecoin

newbie

Activity: 196

Merit: 0

Quote from: copperton on July 20, 2018, 09:14:56 AM

We can call them newbie experts and they are dangerous because they don't know the ABC of cryptocurreny market never do proper research and start educating and suggesting peoples and with their these kind of experiments peoples loose money because they start spreading fake, news i am also familiar with bitcoins since two years and i take proper knowledge and do research then do post or suggest people.

So newbies must read more and study harder crypto currency. They will not be mislead if they will know more before indulging in. There are also those higher in rank that are so kind to help newbies.

DHaosociu

newbie

Activity: 12

Merit: 0

I forget my wallet passphrase and lost 0.5 BTC, and then i made wrong transaction and my 0.2 BTC has gone to wrong Bitcoin address.. Anyway now i know many things about all cryptos but i paid to learn.

FreeJack2k

full member

Activity: 205

Merit: 100

Thats why those that called them selves as an specialist ought to provide the desirable data to keep away from bias in any records about bitcoin and its technology, so the dialogue can be fruitful two for the reader. Because if we solely put up a tread to limit the beginner to no longer posting any incorrect data its looks useless, all of the humans thinks that they already in the proper path.

CaterpillarRave

member

Activity: 280

Merit: 10

The nature of inferiority and willingness to receive criticism is the key to success in life, I am additionally right here still feeling the lack of knowledge, and I realized a lot from my seniors. I agree with you. And there is some thing I want to add. It's about topic titles. Issues that are irrelevant and weak in content. I find these troubles unnecessary. It's just a hyperlink sharing issue. But looking into it, it is empty. I assume they're doing it to earn merit.

karman383

full member

Activity: 384

Merit: 100

Bitcoin technology, I admit that it is difficult to get the existing knowledge with certainty, I myself am still far from the word "expert" as time goes by we can know the contents of the technology itself correctly and precisely only the new people here they may feel upset with the done with what is obtained is not worth it so they just comment on things that are not right here.
For beginners it should be wiser in giving the right words or opinions it should not be with the small things you want to get bigger but unlike his desire to get done that is not good. Of course the process will not deceive the results.

BAGOBO

legendary

Activity: 1163

Merit: 1005

Quote from: paparexon0414 on August 13, 2018, 12:13:20 AM

Totally true. Due to the big market for bitcoins, we people tend to be boastful innthe little knowledge we gain. But, we only have the basic information and still not going to the depth of the real meaning or how bitcoin really works. Myself is guilty with this. In a year have been in the industry, i thought i know much about bitcoin, but as day changes there are new things happening in bitcoin that we never thought would happened. So better read always so you have new knowledge to share.

for friends who have just joined the bitcoin world, I hope you don't need to be afraid of the world of bitcoin. what exactly should be feared? the world of bitcoin which is needed only capital, courage, a thorough study of bitcoin and always makes the right decision based on market movements. profit and loss can approach us in bitcoin, always working hard to achieve maximum results.

Gyromancer

member

Activity: 336

Merit: 10

We must be open to all crypto currency players, both professionals and beginners. Not only beginners who can be dangerous, old players who are experienced and professional can be dangerous. Even people with more knowledge will be more cunning in gaining profits. They can justify any means to make a profit. They can manipulate the market with a very smart ability. Beginners can also be dangerous when a beginner without knowledge is determined to invest or trade with huge capital. Such people will create chaos on the market.

Suketlapangan

newbie

Activity: 84

Merit: 0

That's right, our knowledge about bitcoin is actually still lacking, and every day you have to keep learning and learning because every day there is nothing you don't know about bitcoin, no matter how many years you know bitcoin ..

paparexon0414

full member

Activity: 432

Merit: 126

Totally true. Due to the big market for bitcoins, we people tend to be boastful innthe little knowledge we gain. But, we only have the basic information and still not going to the depth of the real meaning or how bitcoin really works. Myself is guilty with this. In a year have been in the industry, i thought i know much about bitcoin, but as day changes there are new things happening in bitcoin that we never thought would happened. So better read always so you have new knowledge to share.

TheGodFather

hero member

Activity: 854

Merit: 500

Quote from: [email protected] on August 12, 2018, 11:04:14 PM

Bitcoin and the entire crypto market are at great risk in dealing and there are also many other risks such as rules and risks outside the transaction that new people have to understand and they need a cryptographic transaction in a way. Seriously if they really care about making money. This does not suit the newbie, they are often prone to psychological and have no knowledge

even though the market are in the dropping rate , there are still many hackers and scammer want to steal money for the newbies so we can't be relax in the hacker and scammer. we have to say to the newbies that they need to think carefully about doing ine thing in here because it can might be a trauma or scared again in investing bitcoin if they got hack or scam

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