Topic: tips for begginers - page 8. (Read 1605 times)
Just continue doing what you have started, and explore the whole forum. Some advices, informations, and answers to inquiries are already here and are just waiting for you. Make reading a habit because it will surely lead you to gaining knowledge.
my best advice for beginners is to hodl, never sell with loss, even if you are way in to red don't worry it will eventually come back up again even if it may take some time, but whatever you do, do not sell RED... in crypto 1 coin can boom 100% in a day just as it can drop 50% in a day...
Actually we are same ( a new beginner), i just remember of someone advice in this group also, he said " Before you do something that you never know about it..Try to learn it first " , Never invest on something that you're not expert on it. So the conclusion is, we better learn first about trading before you get involve on it.
Before starting anything, it is better to learn it first. It is for you to know the mechanics or the concept you must apply. Joining trading or anything without knowing about it is like going to a battle having no armed forces at all. You'll end up losing.
any advice for beginner trader ? what exchange to use and worth trust ? what coins to consider trading in ? what strategies to use ?
There are a lot to consider first before you consider being an investor or a trader. I think the very first thing that you should do is to learn more about the basics of investments and have a knowledge first on what you are going to invest for. I think it is a must that you have any idea about investments and the coin you choose to invest with. The value of cryptos changes from time to time, that's why you really need to have a lot of patience. Wait for the proper time to buy and sell. And last, continue to explore around the market of cryptocurrency, look for different alt to trade with. Do not put all your eggs in one basket.
Hi. I'm also a newbie and I am currently using bitcoin. I also want to know how to earn money woth other cryptos too specially ICO tokens or tokena received from airdrops. Is there a way to know where to exchange for example a certain airdrop?
the thing that first you can do is reading and find a thread here to answer all your questions and gain more knowledge how to handle more consequence that will happen if you do trading and if you don't have extra knowledge you'll see what happen. if you don't have knowledge either you scam and rob your money or you don't able do trading if that happen to you so gain more knowledge by your self first then gain extra knowledge also to those who have big experience on trading.
any advice for beginner trader ? what exchange to use and worth trust ? what coins to consider trading in ? what strategies to use ?
The best advice is don't trade in beginners it is not comfortable to expecting profit. Because many newbies are affected in trading they don't know about the trading strategy. This is risky investment so try to gain some knowledge in this forum then continue to analyse the best coin. This is the right choice for beginners if you want to invest know you only affected your investment.
maybe for beginners simply follow the campaign in the forum or mined bitcoin with fauchet, and others in addition to trading and investment.
Only people who have faith and patience will succeed with crypto. no matter the miner, trade or other work.
any advice for beginner trader ? what exchange to use and worth trust ? what coins to consider trading in ? what strategies to use ?
I can advise those who start with bitcoin so do not be easy step by step first you remember all the rules on bitcoin and if you comment on the forum you should be on your topic to avoid getting your comments and for You can not be banned and that's what I can advise those who start
any advice for beginner trader ? what exchange to use and worth trust ? what coins to consider trading in ? what strategies to use ?
The best advice is don't trade in beginners it is not comfortable to expecting profit. Because many newbies are affected in trading they don't know about the trading strategy. This is risky investment so try to gain some knowledge in this forum then continue to analyse the best coin. This is the right choice for beginners if you want to invest know you only affected your investment.
maybe for beginners simply follow the campaign in the forum or mined bitcoin with fauchet, and others in addition to trading and investment.
Only people who have faith and patience will succeed with crypto. no matter the miner, trade or other work.
any advice for beginner trader ? what exchange to use and worth trust ? what coins to consider trading in ? what strategies to use ?
First of all, you need to know some basic knowledge about bitcoin before you decide to invest in bitcoins. Don't invest all your assets in bitcoins. Bitcoin is risky. If you fail to play with your bitcoin, you will lose everything.
First learn the basics of bitcoin before starting. There are lot of articles on various websites educating us the same. Also you can do day trading which will give you hands on experience.
Always do your own research before buying and pay attention to price. It doesn't matter how good a coin is if you pay too much for it.
For the beginners, you need to take or ask some advise from expert, or from the one who are currently involve with bitcoin which can show proofs that bitcoin can supports financial needs.
any advice for beginner trader ? what exchange to use and worth trust ? what coins to consider trading in ? what strategies to use ?
The best advice is don't trade in beginners it is not comfortable to expecting profit. Because many newbies are affected in trading they don't know about the trading strategy. This is risky investment so try to gain some knowledge in this forum then continue to analyse the best coin. This is the right choice for beginners if you want to invest know you only affected your investment.
maybe for beginners simply follow the campaign in the forum or mined bitcoin with fauchet, and others in addition to trading and investment.
Only few traders get successful for the first time trading. First you must have knowledge all about coins and all about trading techniques, to understand the flow of coins and the flow of price in the market. Experince is more important in trading, this improves your skills in trading.
I've got a great tip for you, it's spelled beginners, not begginers. Now that's out of the way, here's a few more.
1. Start small, do not invest more than you can afford to lose, gradually invest more as you get comfortable with crypto
2. If you plan to trade, make you choose the exchange that's right for you, based on the exchange fee, volume and coins supported
3. Don't spam post on the forum, and try to stay high quality otherwise you'll be tagged by a DT member which may end your crypto career prematurely
4. Be overly cautious when starting out.
1. Start small, do not invest more than you can afford to lose, gradually invest more as you get comfortable with crypto
2. If you plan to trade, make you choose the exchange that's right for you, based on the exchange fee, volume and coins supported
3. Don't spam post on the forum, and try to stay high quality otherwise you'll be tagged by a DT member which may end your crypto career prematurely
4. Be overly cautious when starting out.
Tips for begginers in bitcointalk. First is you need to comment or post a helpful topic in the forum. After you will commenting your comment or post become your activity. So the more activity you will increase your rank. If you are jr. Member and above you can join in signature campaign. And also in bounties.
Here a tip I've shared before about emptying your paper wallets using your cell phone.
If anyone out there is curious about this process (which I recently just went through) to sell Bitcoin on your cell phone from a paper wallet -than this thread is for you. I’ll lay it out step by step -
1) You need to check and see if you have any forked coins (shitcoins) here- http://Forkexplorer.com
-If you plan to redeem those coins you can read about how to do so here:
Bitcoin Cash- https://bitcoinmagazine.com/articles/beginners-guide-claiming-your-bitcoin-cash-and-selling-it/
Bitcoin Gold- https://99bitcoins.com/how-to-claim-bitcoin-gold-btg-guide/
Bitcoin diamond/SuperBitcoin etc- https://steemit.com/cryptocurrency/@olsm/how-to-claim-bitcoin-diamond-bcd-super-bitcoin-sbtc-and-bitcoin-gold-btg
Now once you are ready to transfer your Bitcoin to an exchange to sell:
2) Download Mycelium app
3) Once downloaded open app and click on “Coldstorage”
-scan private key QR code
-Make sure you click “SWEEP ALL FUNDS”- THIS IS VITAL !!!
-type in the wallet’s public address in which you wish to transfer bitcoin in order to sell
-Confirm it hits your new address and you’re ready to sell
4) Void paper wallet-No reason to use again & remember Satoshi said to never use a private key twice!
If anyone out there is curious about this process (which I recently just went through) to sell Bitcoin on your cell phone from a paper wallet -than this thread is for you. I’ll lay it out step by step -
1) You need to check and see if you have any forked coins (shitcoins) here- http://Forkexplorer.com
-If you plan to redeem those coins you can read about how to do so here:
Bitcoin Cash- https://bitcoinmagazine.com/articles/beginners-guide-claiming-your-bitcoin-cash-and-selling-it/
Bitcoin Gold- https://99bitcoins.com/how-to-claim-bitcoin-gold-btg-guide/
Bitcoin diamond/SuperBitcoin etc- https://steemit.com/cryptocurrency/@olsm/how-to-claim-bitcoin-diamond-bcd-super-bitcoin-sbtc-and-bitcoin-gold-btg
Now once you are ready to transfer your Bitcoin to an exchange to sell:
2) Download Mycelium app
3) Once downloaded open app and click on “Coldstorage”
-scan private key QR code
-Make sure you click “SWEEP ALL FUNDS”- THIS IS VITAL !!!
-type in the wallet’s public address in which you wish to transfer bitcoin in order to sell
-Confirm it hits your new address and you’re ready to sell
4) Void paper wallet-No reason to use again & remember Satoshi said to never use a private key twice!
You are a beginner which means what you have asked in your post are mostly non-essential parts when it comes to trading, yes you do need to have an exchange in order to trade but you won't be earning if you don't know what to buy and sell in the first place. Some posts of the users here are right when they told you to dwell first mainly on technical analysis or the study of its price charts as it is really what a trader need in order to earn something from the market. You must study Technical Analysis first and create a trading account with a mock portfolio to test your skills with it. Also don't limit yourself with just the analyzation of the charts as you must also have a trading plan as well from entry to exit also with some contingency plans.
Dont invest too early, make more knowledge in every step you do in btc. Signature campaign will help you earn and get more knowledgeable on how trading works. And if you start trading make sure you have the idea on what benefits you will get after that process. The strategies that you've learn will help you earn. 
Try to learn a little bit everyday. Find good and legitimate YouTuber channels to listen to that talks about the latest news and what it means.
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