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Topic: Starting/building up a crytocurrency foundation-ground base- (Read 129 times)

legendary
Activity: 1414
Merit: 1118
...gambling responsibly. Do not be addicted.
+ RISKY/BAD TO USE BORROWED/LOAN CAPITAL: at this time the sun is slowly rising on the crypto-coin -price- you can have newbie seeking loan or borrowing to buy, very terrible risk to do, same was the sun is rising on the price, it can set on it as fast. Don't get caught in the FUD -i will get to this latter-
As said, newbies. There are requisites to investment and trading, no matter how newbies are, they are susceptible to losses, this is what leads to experience before they can gain. Newbies also are not patient and disciplined, they also are greedy. That is why newbies should even start with low amount of capital because losing is higher than gaining for newbies, and for just to learn more and have experience.

Also, I can not even advise any person to borrow money to invest or trade crypto, the price may not favor but borrowing require interests in percentage in funds borrowed which could result to panic and depression in unfavoured It is good to invest or/and trade with what you have, this makes the person patient and contented.
hero member
Activity: 1498
Merit: 702
 Foundation/ground-base is like a solid support you build on, if the foundation/ground base is strong it can support - irrespective of the size- what you build on it, a weak foundation would succumb and break off,
 What is happening in crypto-coin -increase- or coin rise put smiles on my face and many too, also newbies wants to be on the flight.
 
Crytocurrency foundation-ground base is a point of major initial focus. Why?
+ Major role player to if you would continue in cryptocurrency: cryptocurrency foundation-ground base -goes soar/bad- can puncture anyone's gusto in cryptocurrency, it would take a zeal of steal to continue, but a good foundation gives you a leverage to balance on.
+ Preparatory process: crytocurrency is like a large school with so many classes, while crytocurrency foundation-ground base is like the first class you beginning and in this class is prepares you for further classes, -its a process-
And finally
+ It is what it is -a foundation- : it will hold what you build up on it, you can have years of experience but this foundation is what -may or may not- hold it.

As a newbie you would wonder/ask what is a good crytocurrency foundation-ground base?
Know the process can be few or many, some people are fast learner and other are slow to learn -your determine the process- I will not tell you I have all the process here but you can add this to what you find.


+RELAX, GO EASY, TAKE YOUR TIME: I don't know which of those term would sink and make meaning, I hope one does, my first process is ride slow, take it easy, this gives you calm fortified mentality to assimilate more, if what you are learning is 70% clear try to get it up to90+% it will come in handy.
+READ,LEARN,ASK,RESEARCH,BROWSE: please note as a beginner start reading beginner crytocurrency books/articles, or beginners guide first, you have all the time in the world, ask questions too, so as to get increased depth/insight to it. Search,browse download right contents
+ RISKY/BAD TO USE BORROWED/LOAN CAPITAL: at this time the sun is slowly rising on the crypto-coin -price- you can have newbie seeking loan or borrowing to buy, very terrible risk to do, same was the sun is rising on the price, it can set on it as fast. Don't get caught in the FUD -i will get to this latter-
+LOW START CAPITAL/FUND: this explains itself and easy to understand, it similar if you have had business investment experience before. Start your crytocurrency foundation-ground base with low capital/input -rising it along the line- if you choose to.
+ COURTEOUS WITH PERSONAL/EXTERNAL INFLUENCE: I will put FOMO-fear of missing out- and FUD -fear uncertainty and doubt- under this influences be cautious with them -dont just throw them off the bridge-
+PERMIT FAILURE: failure,money lost can come, use it as gravel stone to build a strong foundation/ground-base. Avoid/exempt from it that is if possible but if it comes stay calm/strong and focused.

Crytocurrency is not a race to make it on Forbes magazine rich list, to me it a gusto - enthusiasm- for crytocurrency, so newbies reach for/start with/build on a good crytocurrency foundation-ground base.
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