The arrival of new people in the world of cryptocurrency is really fun - page 2.

jostorres

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Quote from: Rimueng on September 28, 2021, 07:40:53 AM

Cryptocurrencies are now on the rise. So, don't be surprised if there are many new people who are competing to join the digital currency who are looking for instant money. As a result, it is not surprising that the price fluctuations of crypto assets are fairly fast. But unfortunately, not everyone fully understands the reasons for investing or trading cryptocurrencies. Mostly, those who are involved in crypto assets are just following the hype without knowing digital assets. Plunging into crypto assets without clear knowledge can trap those who have just joined because if they don't have mature knowledge, they can't control their expectations in investing in crypto.

Yes, recently we have some good rise in cryptocurrency and many new minds joining this community with fresh ideas which are helping to improve features and use case for common peoples and giving good advantage in transparency because now technology is going to be more helpful for humanity in many cases instead of manpower. In recent few months we have some good number of adoptions from many countries which is confidence of peoples and authorities on this mostly they are realizing it's hard to stop this just bring some soft policies and give more sue case for world.

For better use case peoples need to have some knowledge about this because without this they can face some serious difficulties and for this surely we need some good number of educational ways about cryptocurrency.

eaLiTy

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Quote from: Anonylz on September 29, 2021, 08:37:04 AM

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Unfortunately even in the non-crypto space people will try and take advantage of you when you are still fresh, everyone in the crypto space today have had different experience to tell too, there will always be people who want to do bad regardless, despite this more people are willing to give crypto a try.

The difference between any other traditional investment and cryptocurrency is that, you can go to any fund manager and they will help you in investing in your desired product or stock but here is in the cryptocurrency market you need to do everything online on your own and there is no fund manager that could help you and there are dozens of scammers lurking in the online space to impersonate project team and scam your money.

The best option for any user is to understand the risk before investing in each project, then you need to look after the scammers and make sure you do not get scammed.

XCANA

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New people in more Bitcoin and crypto currency adoption and that will lead to an increase in the value of Bitcoin and other Altcoins because the higher the demand the higher the price of Bitcoin and other crypto currency in general.

slaman29

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Quote from: South Park on September 23, 2021, 01:45:40 PM

Things have really changed, I remember that back then I found bitcointalk in that way, I just did a Google search and this was the first site that appeared, this show us why we must not trust Google search results as a sign of authority or anything, scammers know very well what they are doing and they will do anything to try to be one of the first results that appear so they can scam more people and get to their money in that way.

I think anyone who joined before the 2017 rally (like me) found this forum as the main site, I don't really remember, but for sure it was the only forum I could join to see answers to questions I asked on Google. These days, people pay to get featured on results. And you only get hits to this forum if you ask something very very particular. Electrum searches still get a lot of relevance I think

I don't know if it's fun to see new people arrive. The best users and most useful answers are generally still from the older bunch.

Wawa2013

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Quote from: Rimueng on September 28, 2021, 07:40:53 AM

Cryptocurrencies are now on the rise. So, don't be surprised if there are many new people who are competing to join the digital currency who are looking for instant money. As a result, it is not surprising that the price fluctuations of crypto assets are fairly fast. But unfortunately, not everyone fully understands the reasons for investing or trading cryptocurrencies. Mostly, those who are involved in crypto assets are just following the hype without knowing digital assets. Plunging into crypto assets without clear knowledge can trap those who have just joined because if they don't have mature knowledge, they can't control their expectations in investing in crypto.

With Bitcoin successfully reaching a price above $60k, this makes the cryptocurrency even more popular and attracts many new people to join.
Indeed, on the one hand this is a good thing with many new people entering the crypto world, because it can speed up the adoption process.
But on the other hand most people who join the crypto world do not have good knowledge, they made the mistake of making the wrong decision.
In the end, those new people who suffered the loss will blame crypto, and this is something we don't want to happen. So we have to educate
beginners who will join to learn crypto first, until they really understand about crypto. So they don't get misinformed, and can make profit from crypto.

molsewid

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Quote from: stadus on September 20, 2021, 09:20:59 AM

When the market is bullish you can expect that more people will come to join the forum, that's always the trend.

As we can see in the analytics, we have over 2 million visits so far. https://www.similarweb.com/website/bitcointalk.org/#overview
Which means, a lot of people are interested to get an idea in this forum, and as a member, we should be honest with our opinion so they will not be misled.

question is, what if this current dump will result in a bear market? will these newcomers would still stay?

Through bearish trend people who really know about cryptocurrency know how to deal with the bearish trend and choose to stay on the community and the one that new to the digital platform which were only attract to come and join to the crypto community because of the hype will definitely going to withdraw his assets and leave the platform. I would like to relate here the current situation of those investors of NFT game, at first where the project was in hype many new investors that doesn't know about the volatility of the crypto market joined the community because of the feature of play-to-earn, now where the market price of the minted token in the game get to the lowest value people are panic selling, fud and leave the market this is for me the clear vision of how a new investor which don't have enough knowledge about the platform leave.

Anonylz

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Quote from: Obito on August 27, 2021, 06:56:38 AM

But there's also a dark side to all this fun, remember that where there's money to make, there's also people that will take advantage and scam people out of their hard earned money. It would be better if there's some precautions before getting into that everyone has to read so they don't fall for scams even if they're newbies.

Unfortunately even in the non-crypto space people will try and take advantage of you when you are still fresh, everyone in the crypto space today have had different experience to tell too, there will always be people who want to do bad regardless, despite this more people are willing to give crypto a try.

nullama

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Quote from: rhodelmabanal on September 24, 2021, 07:19:43 PM

Quote from: mumang siat on August 27, 2021, 05:44:41 AM

It's impressive to see new people keep coming and want to know more about the cryptocurrency world as a whole, google brings new users here to find out what we really should be doing in bitcointalk in particular and cryptocurrencies in general.
Continue to take advantage of this opportunity, learn more sources to expand knowledge, I also want to say welcome to join Bro, this is the most fun discussion place and can provide financial benefits for anyone who has joined, with terms and conditions still valid.

SPIRIT FRIENDS

There are a lot of people that wanted to know crypto because they are amazed on it. Crypto currency is now become more interesting because there are countries that approved it as a legal tender one example of this country is the El salvador here is the news;.

The Bitcoin Law was passed by the Legislative Assembly of El Salvador on 8 June 2021, giving the cryptocurrency bitcoin the status of legal tender within El Salvador after 7 September 2021.

Another interesting example is the canton of Zug in Switzerland accepting Bitcoin and Ethereum for paying taxes. This was announced in 2020 and in 2021 it started.

source: https://decrypt.co/40725/swiss-canton-of-zug-to-accept-taxes-in-bitcoin-ethereum

Rimueng

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Cryptocurrencies are now on the rise. So, don't be surprised if there are many new people who are competing to join the digital currency who are looking for instant money. As a result, it is not surprising that the price fluctuations of crypto assets are fairly fast. But unfortunately, not everyone fully understands the reasons for investing or trading cryptocurrencies. Mostly, those who are involved in crypto assets are just following the hype without knowing digital assets. Plunging into crypto assets without clear knowledge can trap those who have just joined because if they don't have mature knowledge, they can't control their expectations in investing in crypto.

South Park

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Quote from: 7788bitcoin on September 19, 2021, 05:23:59 PM

Quote from: pinggoki on September 19, 2021, 03:35:44 PM

It's not always fun and games when newcomers arrive, however. Remember that there are people who would try to one-up on everyone without sufficient knowledge about the stuff that revolves round bitcoin, there's also the possibility of FUD having stronger effects since the amount of newcomers in the market increases dramatically with each ATH. There has to be a counterbalance to this, otherwise we'll be overrun by newbies that would panic at the sight of a small dump.

It is inevitable to see many crying about their losses whenever there is a correction and there is not going to be any different this time as well. The problem is that majority that are new to the market might be involved in other financial market and they have not seen any correction like we used to see in the cryptocurrency market and when they see them for the first time i am sure they will panic. I did panic when i saw the correction back in 2013 and so does everyone after that when they see the correction for the first time Wink

.

It is inevitable this will happen again, however I do not think it is going to be as bad as what it happened during the 2017 bull run and the crash that it came afterwards, it is true that during that period and the current one we are seeing many newbies coming to the market with no other idea on their minds than to make money, but I think the main difference is that back then we thought we were close to mainstream adoption and we were not, but now we are way closer to that goal than what we were back then and as such any crash that could come up is not going to be as bad as what we saw back then.

STT

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Quote

question is, what if this current dump will result in a bear market? will these newcomers would still stay?

Its the usability and transmissibility that matters most more then the price, most people have quite humble savings overall. The common people have their assets in their skill, in their family and perhaps their house and the rest must serve purpose of aiding their daily business really. I doubt we do get a bearish trend lasting anywhere long term, it would have to trade under 20k for that kind of action. If we went sub 30k to 20k I'd consider it quite an opportunity that would be return buoyant price action after whatever event or news came with that price.

SquallLeonhart

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Quote from: rhodelmabanal on September 24, 2021, 07:19:43 PM

There are a lot of people that wanted to know crypto because they are amazed on it. Crypto currency is now become more interesting because there are countries that approved it as a legal tender one example of this country is the El salvador here is the news;.

The Bitcoin Law was passed by the Legislative Assembly of El Salvador on 8 June 2021, giving the cryptocurrency bitcoin the status of legal tender within El Salvador after 7 September 2021.

I do believe that there will be even more people who will be amazed by the situation. I believe that we should be checking bitcoin as a technological marvel and not just a financial one. Just list all the features that makes crypto better than fiat and you will soon realize that not only bitcoin is a better investment, but it is also a better currency as well.

I know there are still long ways to go before we can call bitcoin a currency and use it on our everyday life, but I am 100% sure that one day it will happen. And transaction costs will be solved by everyone moving money around their accounts.

Binance can do this very easily for example, or coinbase as well. All they have to do is, if you have some bitcoins in your account, and another person would have their own account and instead of moving money from one wallet to another wallet by paying transaction fee, we will be moving bitcoin from one account to another account on same exchange without paying anything.

rhodelmabanal

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Quote from: mumang siat on August 27, 2021, 05:44:41 AM

It's impressive to see new people keep coming and want to know more about the cryptocurrency world as a whole, google brings new users here to find out what we really should be doing in bitcointalk in particular and cryptocurrencies in general.
Continue to take advantage of this opportunity, learn more sources to expand knowledge, I also want to say welcome to join Bro, this is the most fun discussion place and can provide financial benefits for anyone who has joined, with terms and conditions still valid.

SPIRIT FRIENDS

There are a lot of people that wanted to know crypto because they are amazed on it. Crypto currency is now become more interesting because there are countries that approved it as a legal tender one example of this country is the El salvador here is the news;.

The Bitcoin Law was passed by the Legislative Assembly of El Salvador on 8 June 2021, giving the cryptocurrency bitcoin the status of legal tender within El Salvador after 7 September 2021.

wiss19

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Quote from: bots1 on September 24, 2021, 10:14:07 AM

new users should be careful, because many of the new Altcoin projects currently use a lot of elements of fraud and scams. For this reason, you must be able to see a rational Bounty project and have a convincing Roadmap during the coin offering process. Therefore, by actively participating in forums and searching for information on Google, you will not be deceived by the SCAM coins that are very prevalent today. Intending to make a profit, ended up dead.

It's very good we have too many new minds with positive attitude peoples in this community which is bringing some good and strong sentiments because we need to be more positive even we have too many cheater and narrow mind peoples as well those are doing stuff for own sack and bringing scam projects which is hurting badly not this community overall investors' confidence.

I will suggest to newbies please before doing any investment or partnership you need to have some good knowledge about relative project because it's key for your all stay here in this community take time and read about all positive and negative sides of project team and product then jump for your journey.

bots1

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Quote from: mumang siat on August 27, 2021, 05:44:41 AM

It's impressive to see new people keep coming and want to know more about the cryptocurrency world as a whole, google brings new users here to find out what we really should be doing in bitcointalk in particular and cryptocurrencies in general.
Continue to take advantage of this opportunity, learn more sources to expand knowledge, I also want to say welcome to join Bro, this is the most fun discussion place and can provide financial benefits for anyone who has joined, with terms and conditions still valid.

SPIRIT FRIENDS

But new users should be careful, because many of the new Altcoin projects currently use a lot of elements of fraud and scams. For this reason, you must be able to see a rational Bounty project and have a convincing Roadmap during the coin offering process. Therefore, by actively participating in forums and searching for information on Google, you will not be deceived by the SCAM coins that are very prevalent today. Intending to make a profit, ended up dead.

South Park

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I am terrible at Fantasy Football!!!

Quote from: jrrsparkles on September 19, 2021, 08:28:40 AM

Google really helps people to find bitcointalk? If you search bitcoin or cryptocurrency on google then you will find some scam sites and exchanges on the top of the results.

Anyway if they have some intelligent they might enter opt keywords and end up in bitcointalk means they are lucky and all the fun and knowledge we are going to get is really worth.

Things have really changed, I remember that back then I found bitcointalk in that way, I just did a Google search and this was the first site that appeared, this show us why we must not trust Google search results as a sign of authority or anything, scammers know very well what they are doing and they will do anything to try to be one of the first results that appear so they can scam more people and get to their money in that way.

stadus

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When the market is bullish you can expect that more people will come to join the forum, that's always the trend.

As we can see in the analytics, we have over 2 million visits so far. https://www.similarweb.com/website/bitcointalk.org/#overview
Which means, a lot of people are interested to get an idea in this forum, and as a member, we should be honest with our opinion so they will not be misled.

question is, what if this current dump will result in a bear market? will these newcomers would still stay?

Dread Pirate Roberts

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Quote from: 7788bitcoin on September 19, 2021, 05:23:59 PM

It is inevitable to see many crying about their losses whenever there is a correction and there is not going to be any different this time as well. The problem is that majority that are new to the market might be involved in other financial market and they have not seen any correction like we used to see in the cryptocurrency market and when they see them for the first time i am sure they will panic. I did panic when i saw the correction back in 2013 and so does everyone after that when they see the correction for the first time Wink

.

always happens to people who are new to trading or investing in crypto. maybe those who have been here for a long time can be more calm and patient and try to accept the possibility that they should hold. but for those who are new to crypto, there must be a lot of mental challenges. Usually this is what makes people greedy in making decisions. assumptions and reality must make one accept anything.

7788bitcoin

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Quote from: pinggoki on September 19, 2021, 03:35:44 PM

It's not always fun and games when newcomers arrive, however. Remember that there are people who would try to one-up on everyone without sufficient knowledge about the stuff that revolves round bitcoin, there's also the possibility of FUD having stronger effects since the amount of newcomers in the market increases dramatically with each ATH. There has to be a counterbalance to this, otherwise we'll be overrun by newbies that would panic at the sight of a small dump.

It is inevitable to see many crying about their losses whenever there is a correction and there is not going to be any different this time as well. The problem is that majority that are new to the market might be involved in other financial market and they have not seen any correction like we used to see in the cryptocurrency market and when they see them for the first time i am sure they will panic. I did panic when i saw the correction back in 2013 and so does everyone after that when they see the correction for the first time Wink

.

pinggoki

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It's not always fun and games when newcomers arrive, however. Remember that there are people who would try to one-up on everyone without sufficient knowledge about the stuff that revolves round bitcoin, there's also the possibility of FUD having stronger effects since the amount of newcomers in the market increases dramatically with each ATH. There has to be a counterbalance to this, otherwise we'll be overrun by newbies that would panic at the sight of a small dump.

Quote from: BobK71 on September 18, 2021, 11:30:15 PM

Good and worse both are very common thing in earthly life. Many of the newcomers have good thoughts they want to do well unfortunately many of them cannot reach their destination they just failure but many of us who are new comer their only purpose is to swindle money. So I think everyone needs to change their attitude first. Then everything will be more enjoyable.

It's all about their dedication and their willingness to go further even when others tell them to give up. I can't tell you how many people told me to quit on investing last year when the market crashed and everything went downhill, but do I listen to them? No, did I win? relatively. If newbies can only understand that bitcoin and investing in general poses more risk than your typical 9-5 job then they'd understand that earning money here is no easy feat unlike how other people make it out to be.

Topic: The arrival of new people in the world of cryptocurrency is really fun - page 2. (Read 796 times)