Topic: The best advises to the Newbie (Read 2236 times)

thanks for the information ...this is very usefull for the newbies like me ,...

I think the most important advice one can give is: Do your own research. Do not blindly trust people here on the forum, on reddit or on Twitter. The most important thing is to do your own research and then make your own decisions.

Thanks for your sharing your knowledge to us.

This is really useful.
This text should be shown to all people who have registered on the forum. What would be less stupid and obvious questions

I'd always say do your research and read widely. Don't jump in and buy the first altcoin your read about. Build your position in BTC as this is the ultimate defensive play. Trade a few select alts and run the profits back into btc.

Prepare to be in the space for the long haul and take a long term view. Now is a great time to get involved as its the bottom of a bear market and so there's a great chance for the market to go Northwards.

Nice info for our newbies around the forum. I also want to add,
If you feel like you want to see what others have done wrong read this topic:
https://bitcointalksearch.org/topic/m.45353979
You will get a feeling about the mistakes that we made to avoid doing this in future.
Good luck.

"Mastering Bitcoin" by Andreas M. Antonopoulos is quite technical and may be overwhelming for someone who is not a programmer and new to the cryptocurrency space.  I would recommend his other books to start: "The Internet of Money Vol. 1" and "The Internet of Money Vol. 2".

I will search and read some books. I always Regularly update Bitcoin news and trade with a small money.

I have read Nathanael Popper - "Digital gold" (bitcoin history) If not to be verbose, then it is the book me have entered into the cryptocurrency world. A blockchain, bitcoin and all the rest has begun just with this masterpiece, I won't be afraid of this word. She has really informed me on what I had to know entering all this system. I have given really necessary to information which has influenced me from the different parties. I have allowed to rethink and understand correctly some terms and nuances. Probably the most important is that she has shown me history.

Well as for me aside from.asking people. I am more comfortable of searching things on my own, YOUTUBE is your friend though. Very helpfull tutorials.

I found the following resources from Jameson Lopp very useful to get started.

I also recommend reading The Bitcoin Standard: The Decentralized Alternative to Central Banking
by Saifedean Ammous which came out this year and is less technical.

Also watch Andreas Antonopoulos, he is a great public speaker who knows a lot about the subject. Here is another educated playlist.

I have already collected this article for articles that are very helpful for beginners. When I teach my novice friends around me, I will need it very much!

While this might be a great idea but seems like going back to class lectures  I did do a lot of YouTube videos when i started crypto, most of the good stuffs i learnt about crypto trading was from YouTube and I most say kudos to those people that made the videos it really helped. 

I will like to advise all newbies to read every rule thoroughly and adhere strictly to the rules abiding the particular project. Newbies should always take vacation not to be deceived.

Oh, thank you, I'm new here and I know a little bit about crypto and bitcoin, hope that I will find out all that I want in this resources.

These resources would definitely help anyone to understand more about Bitcoin and the crypto industry but I would recommend starting with the beginners and help section where a newbie can find solution two most of his queries as a newbie. The best advice to the newbie is to invest his time before investing his money and exploring the topic in deep.

Thank you for the advice you gave.
I will continue to learn to be able to be better at reading and keep reading so that I can gain useful knowledge for me.

4)Abraham K White - "Cryptocurrency: Mining, Investing and Trading in Blockchain, including Bitcoin, Ethereum, Litecoin, Ripple, Dash, Dogecoin, Emercoin, Putincoin, Auroracoin and others (Fintech)"
This is a good book, I'm reading it and almost finish.

Where is the advise ? its just a list of book to read about crypto ! It is necessary to have backgrounds about blockchain technology and it is easy to find over the internet . No wonder if you are just spamming to get merit !

Try to find these books on your native language. I read it in russia )))

For the newbies, there is nothing great an advice, but Reading.

I tried to read the book from your advice but I'm bad at English, I do not understand what the author wrote. so how to better?

My advice to newbies would be that always be in the loop about what is happening in the crypto realm. It's a comparatively new kind of currency in the  market and with new technological developments (read blockchain, etc) taking place almost everyday and fluctuating govt stance on cryptos, it is bound to effect your darling coins too. Understand what you are getting into before you put your hard earned money at stake. Just because it is big these days doesn't mean it is necessary for you to invest in it!

For newbies the only thing that they must need to do is to educate themselves more about crypto,and when it comes here in the forum they should always obey the rules.

Before jumping into this, you must read about it and know what is this all about.

Wow. That appears to be some quality and detailed advice there. It's good to see that people are willing to help here. I will surely check out those books and videos. Apparently, to grow in anything, one must be willing to acquire knowledge upon knowledge. I think there's a certain misconception many who decide to do BTC have. They think it's magic money. Thanks once again!

Youtube is a great place for novices to learn. I also know the bitcointalk forum because Youtube, and learned in the forum if you complete the bounty mission! Lol

thanks for the advice

Don’t just ask random stuff as that will never give you any merit. Be smart.

The YouTube videos are great for people like me who need to catch up with quickly.

Do these books have free online versions?

Thanks for the valuable information.Explain very clearly and it helped me assimilate quickly.

Interesting I would like to read some of them to learn more of the crypto currency, This is useful and can help every newbie to start the journey in crypto.

I would add: Do your own research and dont invest when people tell you too, there is always personal convenience in those recomendations. If people tell you to invest in a coin, that is problably because he or she owns that coin and want it to worth more. Also be carefull with big bumps, and never trust that youtubers that tell you that a particular coin will grow a lot.

Thank you mate. I will try and get those books and read more about cryptocurrencies

reading is always useful for general development, and if you read for deep development in some area, it's just fine, because the more you read and learn the more you understand that you do not know anything

Thanks for the valuable information

Read and read as much as you can, and understand the world.

Nice share of information for newbies. For me, what I can advise to newbies is to learn first before investing. It pays to study the project and its chances for its success before putting in your money. Also, invest only what you can afford to lose. 

Thanks! will def. look into this

My advise for newbies they need to read so they can learn and to know about bitcoin just keep reading they will understand what is bitcoin and if they dont understand something they can us the other peoples here. Because when im a newbie i did that until now im still learning here in bitcoin many thing we can learn and alaso we need to follow a rules the the number one😊

I can agree with this.

hi thanks for such advise for us newbie, keep trying to get these books and read them to make myself more able enough for this field thanks again dear...

I think the sincere advice for the newbie is:
1. Study the video youtube sharing on how to trade coin and trade coin with small amount to practice psychology when trade.
2. Engage in bounty campaigns and airdrops to earn free tokens.

Thanks you for giving advices and suggestions for the beginner like me.Reading and watching vidoes about crypto will help a lot for us new in crypto world.

Hi there!

A really great exchange I've found for beginners trading is Covesting.

Covesting (https://covesting.io/) is a new exchange and trading platform, that leverages all the highest grade essentials you expect from the best exchanges, but they've made it much more intuitive and easier to use.  Additionally as a novice you can copy-trade and partner with experienced traders while your learning.  Some traders will offer their portfolio and success rate so that you can see and decide whether or not to copy their trades.  The site also has a ton of additional tools and features to educate users.  There is a section called "crypto intelligence", where you can find expert tips, trade ideas, latest relevant news and articles, as well as educational resources and technical analysis lessons.  I believe they will be introducing a podcast also.

If you're a little apprehensive about the safety and security, this platform is DLT licensed - registered under Gibraltar jurisdiction which follows the most rigorous KYC policies.  Assets are protected by the majority funds being held in cold storage, meaning only the necessary funds are accessible for immediate transactions. There is also 24/7 online support for any quires you may have while starting out.  

As you develop your trading skills, you can then decide (if you wish) to share your trades and gain followers so that you may benefit an additional 18% profit - per follower from your successes and gained knowledge. So, not only is it great for beginners, but the professional traders and everyone in between. The platform is so new that it's currently in is beta version, however is due to launch this quarter.  Basic functionality is usable now, and is a great opportunity to prepare for the official launch.  

Anyway, that's my tip for getting started with trading. I believe it's the most secure, educational and performance enhancing way to learn and grow that I've seen so far.

Enjoy and best if luck!

Let me just start by saying, this is all very high risk. Don’t invest what you can’t afford to lose. i think first work is search google 

Neevr invest in any ponzi schemes such as MLM model. Never try to trading. Only hold and watch.

I read with great interest. Thanks for the enlightenment and the explanatory and detailed presentation. I learned a lot of useful things.

   Hello everybody !  I myself am a beginner and at this stage I can advise the beginner, carefully read and collect the information you need personally.  Good luck !!!

The very first thing you need to do is learn about the basics of cryptocurrency market. The market is very complex and complicated. You can lose evertyhing if you are not ready. So, do yourself a big favour and learn what you want to do.

I've been looking for references! Reading a book is the best way to get started because books have direction and usually have proper topic progression.

Thank you very much for sharing your recommendations!!

I have benefits that i get from this forum i love to read to educate myself

Best advice is:

1 Do your research
2. Do some bounty hunting as you won't be losing any of your own money
3. When you have some funds, take part in ICOs
4. Stay safe, get cold storage for your crypto and have Metamask for accessing MEW
5. Keep your computer clean - don't visit dubious sites
6. Help others out without being taken advantage of
7. Learn and continue to improve
8. And,oh enjoy the ride :-)

good advise 좋은 글 정말 감사합니다

Yes Digital Gold is an excellent book to get started with for sure.

Plenty of great information on this forum, after all it was started by Satoshi himself!

Best advice for newbies, don't leave your digital gold on the net or any exchange, but HODL it in a paper wallet or hardware wallet such as Trezor.

If you buy anything in here with BTC always use escrow! Better safe than sorry!

Thanks very much for this info. Just getting into it so looking forward to learning more!

Really thanks for sharing this advice. I read and enjoyed it. I hope everyone read it seriously

I?ll try to read and watch all of these. I hope I?ll learn a lot from those resources. I?ll get back to this thread when I?m done.

Thanks for suggestion here guys. What I am doing now is reading a lot of material with topic of Blockchain and Crypto. I need to understand first the very foundation of it. That is what I am doing right now. I never think of investing so early in the market as of now. Learning first before action.

Thank you for this thread. There are also a lot of free Videos by Andreas Antonopoulos on YouTube. I'm always amazed of his deep insights into this new technology.

I've added links to each book below. All are available in digital format via either Kindle or Audibly. With a bit of careful account management you could possible download them all for free using 30 day free trials (but you would need to make sure you cancelled them in time or your would be charged  )

https://www.amazon.co.uk/Digital-Gold-Untold-Story-Bitcoin/dp/0241180996/ref=sr_1_1?ie=UTF8&qid=1526470638&sr=8-1&keywords=digital+gold+nathaniel+popper

https://www.amazon.co.uk/Blockchain-Revolution-Technology-Cryptocurrencies-Changing/dp/0241237858/ref=sr_1_1?s=books&ie=UTF8&qid=1526470700&sr=1-1&keywords=blockchain+revolution+by+don+and+alex+tapscott

https://www.amazon.co.uk/Mastering-Bitcoin-Programming-Open-Blockchain-ebook/dp/B071K7FCD4/ref=sr_1_2?s=books&ie=UTF8&qid=1526470719&sr=1-2&keywords=Andreas+M.+Antonopoulos+-+%22Mastering+Bitcoin%3A

https://www.amazon.co.uk/Cryptocurrency-Investing-Blockchain-including-Auroracoin/dp/1979003262/ref=sr_1_1?s=books&ie=UTF8&qid=1526470751&sr=1-1&keywords=Abraham+K+White+-+%22Cryptocurrency%3A+Mining

https://www.amazon.co.uk/Bitcoin-Beginner-Expert-Cryptocurrency-Blockchain/dp/1549869736/ref=sr_1_1?s=books&ie=UTF8&qid=1526470775&sr=1-1&keywords=Christian+Newman+-+%22Bitcoin+From+Beginner+To+Expert

Around £55 total for all the paperback editions which isn't too bad really.

your advice is very helpful, I feel you are a talented guy this community but many people are not following your advise/tip because of many people lazy do not try improved himself, are you say about this?

thanks for the advice. 

1. New investments should trade small quantities
2. Do not store Bitcoin too long on the floor
3. Regularly update Bitcoin news
Good luck!

Thanks for sharing, can you please add links to digital copies, if any?

This is good advice, I hv studied mastering Bitcoin by Andreas M. Antonopolous. It is a good book.

I think some of the best advice you can give is to do your reasearch...it's important to stay informed and know how to avoid scams and to protect yourself from theft.

New myself, but the biggest thing is to keep it simple.  Decide if you want to trade or invest and stick to that at first.  Slowly branch out from there.

Always read and understand what you are reading about cryptocurrencies. Reading is the best advice for newbies just like you.

explain very clearly and it helped me assimilate quickly. Thanks for the share

If I give you my email address, will you share the PDF versions of those books (the ones you have)? I will be very grateful for that!  

I would also add the YouTube channel of Ivan on Tech, he is good in explaining certain ongoing market developments and helping those who are interested in the blockchain development staff.  

Enjoy!

thanks your valuable information ... thanks a lot.

Don't invest in every ambitious project, bec less than 10 % can give tou real profit

Make sure that you understand all the cryptocurrency terms.
Here is one website that can help you understand the terms:
https://cryptominded.com/glossary-cryptocurrency-terms-need-know/

Always read and understand what you are reading about cryptocurrencies. Reading is the best advice for newbies just like you.

Nathaniel Popper - "Digital Gold"

Could you please tell me what is the title of the book. I am interested for it, getting information in the book is better for me personally.

I read first book) Its really good and interesting. 

This post for beginners in blockchain, cryptocurrency, mining.

At first you need to read these books:
1)Nathaniel Popper - "Digital Gold" (the history of bitcoin)
2)Don Tapscott - "Blockchain Revolution: How the Technology Behind Bitcoin Is Changing Money, Business, and the World"
3)Andreas M. Antonopoulos - "Mastering Bitcoin: Unlocking Digital Cryptocurrencies"
4)Abraham K White - "Cryptocurrency: Mining, Investing and Trading in Blockchain, including Bitcoin, Ethereum, Litecoin, Ripple, Dash, Dogecoin, Emercoin, Putincoin, Auroracoin and others (Fintech)"
5)Christian Newman - "Bitcoin From Beginner To Expert: The Ultimate Guide To Cryptocurrency And Blockchain Technology"

Watch these videos (all are free in Youtube):
1)How Bitcoin Works Under the Hood
2)How the blockchain is changing money and business | Don Tapscott
3)How the blockchain will radically transform the economy | Bettina Warburg

Go to the conference, find friends who interested in this theme as you!

Read more in this forum and ask if you dont understand something !!!