Topic: Strategy for a newbie in this time of uncertainty (Read 843 times)

eventhough we're newbie, we cant run from the risk in crypto currency, we have to be brave and reckless in take decision. but we also have to be aware of the uncertainty price movement.

Hello, And welcome to the BTC world

There are already many threads Running here, if you can simply go through other threads you will get the Idea how this forum work and How you can earn money from this forum. But still if you dont have time i can do this for you.
You can earn money in Different ways from this Forum

By Joining any Signature campaign here.
How to Join a signature campaign >> Just go to service section and Check the Signature campaign in that Section. You will Different Signature campaigns threads. And You will also see the Different pay scale levels for the Different Level.
On this Forum there are different Activity level which will increase as your account gets older, and As your activity will increases your pay scale also will increases.
So Dont get panic in the beginning  on seeing the pay scale, Just do hard work here to get some nice activity level & Try to gain some Knowledge about this forum.

Other Money earning method is if you dont have skill there is section called Gambling>> Games and rounds On this Section there are free giving away of BTCs Where you are able to earn some free BTCs.

If you Have Skills to offer, you can earn alot from this section >> Service .... On this section you can offer your skills like Graphic designing, Web designing, Promotions, SEO, Signature Designs etc etc

Try to read these Threads too: 
TUTORIAL: How to Earn Bitcoins for Newbies!>> https://bitcointalksearch.org/topic/tutorial-earn-bitcoins-here-1244332
[New] What is a Sig Campaign?>> https://bitcointalksearch.org/topic/new-what-is-a-sig-campaign-1352964
Best way to earn Bitcoins? >> https://bitcointalksearch.org/topic/best-way-to-earn-bitcoins-1006151
How can I earn money in this forum?>> https://bitcointalksearch.org/topic/how-can-i-earn-money-in-this-forum-1144701

Thank you for so much thought of newbies like me and many other.

I think the best strategies for newbies are reading, and post only on a relevant topics here, that's what learn here for being a member to this forum for atleast 1 month.
And for bitcoin investing, i think this is not the right time to it cause the price now is so very high.

First How much are you willing to invest? .
The reason why I am asking you this, because if you willing to invest a small amount of money, just forget about long term, you need a daily trading which required trading skills. if this not the case, and you are willing to invest big money then buy it and hold it for long term. (I'm talking about bitcoin, not altcoins ).

Agree!
My humble opinion is just keep on envisting your time here for reading and learn, specially on the rules, forum about the campaign. Then, along the way you can have your own way of dealing here after learning.Just stay calm and patient, as newbie these are the thing a have that can possibly helps you.

for now the most secure and profitable way is to mine altcoins and change them to BTC time to time

Do you have money to invest? If not then look for ways to earn some either in the real world or here on the forum.
You will find the section of bitcointalk with services very helpful There's also a site named airdropalert that lists coins you can get for free.

Well, strategy is to make a specialization for the bounties, also own investments.

We have build a program for the first group to learn how to participate in signatures campaigns based on our token - giving a chance.

Info here:

still a newbie here also, and learning about btc. i dont have strategy yet i dont have a full knowlege within this. this is a big help .

Bitcoin is the best coin. Selling all Bitcoin to buy alts is just stupi, you'll miss the mega BTC train in 2018

I'm also newbe. So, I try to be carefull and stay informed as mush as possible.

Listen to the newbie, he knows how to waste time and money...
Sell worthless BTC and buy something else like ETH, make Vitalik some money!

If you want some real advice chat with experienced traders, read investopedia and tradingview, start predicting the market with low investments and see how you do. Don't go all in, think twice before you make a move. Don't follow the crowd. Now the crowd has jumped into BCC and I'd stay away from it. Buy some LTC if you're afraid of a BTC downtrend and look for a good moment to get into BTC again. It will find a support level soon.

My advice is just to sell all your bitcoin or invest in some good coin or buy ETHEREUM, i prefer believe ETH than BTC for myself.

Very nice to found these two suggestions. Every people have their own strategy, and very interesting to adapt and combine those one or other point. Anybody here can help in detail about rebalancing portfolio? I'm still learning about it  Thanks

Trading is not an easy job, I have a couple of advice for you:
1. Do not use margin trading in Crypto it‘s too volatile
2. Always have a risk management plan
3. Never over trade 3 small losses and 1 big profit, a month are better than losing everything.

last, if you want to buy bitcoin buy it gradually like 10 % of your capital in case the price goes lower your buyback at a cheaper price and keep repeating that.

Agree. That's basically what I want to do. For Now it's wait & see since everything is moving, but when the situation will stabilize, I'll take my decision

in my opinion as a newbie, I'm waiting for the final result of the fork I keep my eyes on the news, on the social networks in everything related, while the investment in bitcoin, I chose the atcoins analyzing and investing, waiting for readjustments in the BTC!

Why not? Every month you rebalance the coin-spread. In long term this sound a valid strategy for spreiding risks

This strategy works if you believe that the entire crypto market will go up.  Considering that, what, 100k new coinbase users signed in a single day at one point, then maybe that's not a bad idea.

Wouldn't still be better to wait for things to cool down because of the cancelation of the fork ? Because since the annoucement, BTC price keeps going down, it may be interesting to wait for the lowest point to buy isn't it ?

From what I understood, it was top 10 based on market cap.


Haha amen to that. I bought several TOP 10 alt coin that seemed interesting from the research I did (ETH/NEO/OMG/IOT/XRP), with just a little bit of risk. For BTC, I'm waiting for the prices to stabilize to buy at the optimum price.
I'm planning to get some XMR/NEM but I need to switch to another echange platform for that (I was on Binance, and will go to bittrex, but I'll keep both).

Hello, I'm a newbie on ICO Bounty. How can we get reward after we have done the Bounty Tasks such as rewriting the Whitepaper. I didn't get any information about the processing reward. Please share to me how the reward will be share with the bounty hunter.
Thanks.

It really depends on your strategy, but basically buy at dips and HODL

Hold whatever it does,,, really not complicated.... But I think also not profitable, as newbies won't know if any coins is a shit one or not..

but investing in BTC or some alt like ETH, WAVES, LITE, XMR would be nice ~

You should just invest no matter what happens with the fork. Chill, it's just some group of people who want to assert dominance into Bitcoin. Well you can see now such attempt won't affect much on Bitcoin. From now on you shouldn't see any fork as a serious threat. Just keep investing, add more Bitcoin to your stash.

I personally would stay away from altcoins because most are just pump and dump, gaining hype, spread rumors and sell the news kind of stuff. Well some top altcoin like ETH and LTC is actually good, but the rest is something that you should avoid.


Gotta totally agree with this. Buy and hold works best so far.

Its not complicated for newbies. Just Buy and Hodl you coins whatever it does. At the end you will be a happy newbie.
P.S. Don't buy shit coins

This is a good strategy also. It is not necessary that it should be the top 10 coins in coinmarketcap but what coins does he think have a future base on the projects, roadmap and developers. He can do his own due diligence and check the fundamentals behind each coin. He can do dollar cost averaging wherein he will buy a coin monthly or bi-monthly and then rebalance.

Sounds easy and logical. Except, what top10 you mean?
For example the top 10 of https://coinmarketcap.com/

- Top10 on Cryptocurrency Market Capitalizations
- Top10 on Monthly Volume Rankings (Currency)
- Top10 of... ??

edit: Sorry, my bad.. English not my native language. You wrote it..

Thank you for your advice, it's very enlightening to read all your feedbacks !  

Well, now that the fork has been canceled, BTC prices are still volatile but it should quickly get on its feet. I think I will start buying some after things stabilize.

Its impossible to know how the markets will react in situations like the upcoming events as this is still such a new phenomenon.  During that last BCH fork, you would think that when the split happened, BCH's value would be taken off of the BTC value, however this did not happen and BTC skyrocketed to over 2k.  IMO that this happens because contention causes uncertainty, but the great thing about Bitcoin is, any contentious parties can fork and follow their own ideas for the best direction.  This results in the price going up on the original chain because you have less contentious people slowing down progress.  I think you will see the same thing with Segwit fork coming up, however this one is different as the B2X folks think its an upgrade and not a fork into an altcoin, so they are not implementing replay protection. 

TLDR: In the short term, who knows what will happen, but in the long term, Bitcoin will continue to rise and outshine all other alts as institutional money starts coming in as an result of the CME Groups Bitcoin Futures markets opening by the end of the year.

That seems to be the safest way to approach things for me. I think this is what I will go for, but I'll wait the fork to buy some BTC, it seems safer for now.
Thanks for the advice

If you're interested in a long-term strategy, I'd suggest you a very simple conservative strategy:

1. Split your investment into top10 coins by market cap. You get lower risk and average profit.
2. Rebalance your portfolio once in a month.
3. Enjoy

Thank you for you answer!
For now I didn't invest in Btc, but I'm planning to!
I would prefer a long term investment, but I'm scared that after the fork, the price may not go up.
So according to what you told me, an investment split between valuable altcoin and Btc may be a good strategy

It completely depends if you're planning on holding for long term or short term. If you're planning on holding long term, why does the current price matter? If you're expecting it to go up in the future then you'll be fine with any price around $5,000-$10,000. Short term is another different story though, probably wait for a correction.

The simplest strategy a newbie can take in this time of uncertainty is to sell all your btc stash and rebuy at a lower price, then wait for things to calm down. This might not work all the time, but it has proven that it is one good strategy to execute in times of doubt specially when bitcoin price is high. Investing on altcoin with potential seems to be a good strategy too, you can also use it if you want.

Hello guys,
I have been following bitcoin for a while now, from back to when it was around a couple hundred dollars, but I was too afraid to jump on this train at the time.
Now that I see it's current level, I'm quite sad to have missed this opportunity, but, I'm ready to got for it.
The thing is, regarding the current situation where the altcoin market is quite calm and Btc on the way for the unknown with the next fork, I'm not exactly sure what strategy I should adopt.
Shall I just invest in BTC, no matter what will happen with the fork? Shall I invest in certain good value altcoins waiting for BTC to stabilize?
I know this is a question that comes a lot from beginner like, and I'm sorry If it's just another random post but I didn't found the answers to my questions for now.
Thank you in advance for your feedbacks guys, I'm new to this forum but I'm hoping to stay for a while