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Topic: Warning for newbies - page 11. (Read 2353 times)

member
Activity: 574
Merit: 24
December 12, 2019, 07:39:01 AM
#52
It would not help newbies in my opinion. There are thousands of thread with the same massage, but I did not mention less people taking part in crap bounties or yelling that an ICO is a scam and he invested 5k into this garbage, it is not going to end.
I was once a newbie on this forum and posts like OP help me a lot but I guess it all because I wanted to learn then, I came from HYIP investment plan and I lost some money already, I never want the same to happen that was why I learn crypto basics first
member
Activity: 910
Merit: 12
December 12, 2019, 07:38:25 AM
#51
I think the biggest problem for beginners is that they are impatient. That's why they usually invest without much research. But in order to learn the crypto world better and make healthier investments, we always need to do detailed research. And always we sholud be patient.
sr. member
Activity: 2002
Merit: 250
December 12, 2019, 07:32:04 AM
#50
Newbies needs to be prepared for this coming new year, scammers will try to take advantage of that year because bitcoin halving is already dropping the HYPE in crypto space  already, Learn to do research better, not all bad results in crypto are because a project failed, mostly are because of lack of research, with no good research you can easily fall for scam projects.

1) Do better research on new projects before promoting them or investing a penny on them

2) Visit scam accusation thread on the forum time to time, it will safe you a lot too

3) If you you have to invest always invest what you can afford to lose.

I like your opinion number 3, most beginners do invest their money on a large scale in the crypto currency project, they just want a big profit without knowing the risks, if you trade, and invest, at least use your money half of your life's money, that's will help you in terms of emotions when trading, of course, equipped with trading knowledge
member
Activity: 574
Merit: 24
December 12, 2019, 07:30:20 AM
#49
First thing first its advice able to invest only what you can afford to lose because nothing is certain in crypto world, gains and profits are always around the corner but risks of losses are present as well
sr. member
Activity: 882
Merit: 268
December 12, 2019, 07:26:52 AM
#48
now there are many review sites, like icobench etc., so it's not too difficult to find what they need. But still they will be trapped in the influence of active communities on social media, and in telegrams will also be the same. Trapped in expectations by comparing price increases because the hype will make them think abstractly, but I'm sure this will only affect beginners who have experienced the same thing, and not beginners who have never been involved.
sr. member
Activity: 1596
Merit: 264
December 12, 2019, 06:10:26 AM
#47
Newbies needs to be prepared for this coming new year, scammers will try to take advantage of that year because bitcoin halving is already dropping the HYPE in crypto space  already, Learn to do research better, not all bad results in crypto are because a project failed, mostly are because of lack of research, with no good research you can easily fall for scam projects.

1) Do better research on new projects before promoting them or investing a penny on them

2) Visit scam accusation thread on the forum time to time, it will safe you a lot too

3) If you you have to invest always invest what you can afford to lose.


4) Just like #2, make an accusation thread if you already made a check from the project. Don't keep it to yourself because it is gonna be of benefit for you in the end since investors might regain their faith after the storm of scammers faded.

Don't always forget to allocate your investment to other coins. If you're gonna go all-in at Bitcoin, go for it but if it is altcoin and it is not that known of a coin yet do the allocation.
sr. member
Activity: 784
Merit: 250
Vave.com - Crypto Casino
December 12, 2019, 06:17:01 AM
#47
Many beginners really will not pay attention to the good advice of experienced members of the forum, because they come to the forum to get big money in a short time. Only after they are defeated in their own experience will they listen more to valuable advice.
This is often the case, where when they have gotten a failure or loss from what they do. They will start to complain and ask for advice on what should be done to avoid this and this is a natural and frequent thing in cryptocurrency. So for beginners it is better to take the time to read the discussion about cryptocurrency, be it trading, investing and also bounty hunting so as not to get a failure or to be able to better understand about it.
jr. member
Activity: 340
Merit: 2
December 12, 2019, 06:04:09 AM
#46
New people can listen if they think and learn, if they ignore the advice they will fail then they will have experience and will learn our advice, new people always get stuck Mistakes are entirely possible.
member
Activity: 504
Merit: 25
December 12, 2019, 05:59:22 AM
#45
I believe newbies are among us and they always come across OP warning from time to time even if they don't visit scam accusation thread but still they will make mistakes, making mistakes is how they will learn, remember that playing it to safe will not open your eye to new things
member
Activity: 770
Merit: 14
www.thegeomadao.com
December 12, 2019, 05:45:00 AM
#44
Very valuable information for not only newbies but all those wanting or participating in bounty campaigns. These days, many bounty hunters especially newbies are falling prey to scammers. It is because they lack knowledge enough to know the crypto sphere and bounty campaigns. So they need to conduct research before joining any bounty campaign.
legendary
Activity: 1736
Merit: 1000
Truly decentralized stable asset
December 12, 2019, 04:42:28 AM
#43
Researching the best altcoins and investing in good projects will save investors from frustration. The more they analyze the projects, they will have better market understanding, from my experience. Scam projects are everywhere in online platforms, being careful is necessary for this situation. Fools always go for the easy money but they forget the first rule: The easy money is in the mouse trap...
legendary
Activity: 1638
Merit: 1033
December 12, 2019, 04:28:00 AM
#42
Newbies needs to be prepared for this coming new year, scammers will try to take advantage of that year because bitcoin halving is already dropping the HYPE in crypto space  already, Learn to do research better, not all bad results in crypto are because a project failed, mostly are because of lack of research, with no good research you can easily fall for scam projects.

1) Do better research on new projects before promoting them or investing a penny on them

2) Visit scam accusation thread on the forum time to time, it will safe you a lot too
This two you mention are probably true, We must do some reasearch before we participate those bounties. Because one of us in here if they saw BM are trusted they participate on it even not newbie are those one already and after the end that would bounty rewards happen so that we need to research if we want trusted bounty. Visit scam accusation thread are most important if we are bounty hunter we need to visit on that thread sometimes. 

The fact that scammers are now smarter, they announced a big project with several partners. But after that, the project did not develop and just stalled without any demands, this was called shitcoin. And I think shitcoin is also a semi-fraud project, although not all shitcoins are owned by scammers but now scammers are smart enough to wear masks.

Scam section will not even discuss the shitcoin project because they only discuss scammers that are blatant. And remember don't look at the project only from BM, but try a deeper analysis.
legendary
Activity: 2982
Merit: 1028
December 12, 2019, 04:12:30 AM
#41
the chances that another bullrun will happen is very high, if we look at how successful payment services like wepay and alipay have become in China I can't stop thinking that in the next three years everyone will start holding Cryptos for payments, many projects will fail and many will be successful, research is the best tool to use
Research is always the best tools for you to comes up with better investment. There's a lots of possibilities to happen though it's always the investors who will shoulder all the responsibilities to catch up. Don't invest your money into something that you don't really understand. Keep in mind that it's your money that you need to take care.
sr. member
Activity: 784
Merit: 251
December 12, 2019, 03:36:11 AM
#40
Yaps, actually from our own careless and greedy, hear promotional ads and hope your money can return 5x in the near future (that's a stupid thing). specifically the ICO project and if next year the altcoin season, surely many projects will be accompanied by fraud. what the OP says at points 1 and 2 are very important, and before investing you should go through 2 procedures. besides that you have to be sure and pray a lot, if your money comes back don't forget to be grateful, okay.  Wink
sr. member
Activity: 1400
Merit: 283
DGbet.fun - Crypto Sportsbook
December 12, 2019, 03:33:32 AM
#39
Newbies needs to be prepared for this coming new year, scammers will try to take advantage of that year because bitcoin halving is already dropping the HYPE in crypto space  already, Learn to do research better, not all bad results in crypto are because a project failed, mostly are because of lack of research, with no good research you can easily fall for scam projects.

1) Do better research on new projects before promoting them or investing a penny on them

2) Visit scam accusation thread on the forum time to time, it will safe you a lot too
This two you mention are probably true, We must do some reasearch before we participate those bounties. Because one of us in here if they saw BM are trusted they participate on it even not newbie are those one already and after the end that would bounty rewards happen so that we need to research if we want trusted bounty. Visit scam accusation thread are most important if we are bounty hunter we need to visit on that thread sometimes. 
member
Activity: 700
Merit: 27
Sovryn - Brings DeFi to Bitcoin
December 12, 2019, 03:08:45 AM
#38
the chances that another bullrun will happen is very high, if we look at how successful payment services like wepay and alipay have become in China I can't stop thinking that in the next three years everyone will start holding Cryptos for payments, many projects will fail and many will be successful, research is the best tool to use
full member
Activity: 952
Merit: 110
December 12, 2019, 03:01:30 AM
#37
Binance IEO is the only option in 2020 onward unless new style of ICO fund raising is introduce, many scam projects will still show up in 2020 so I will prefer to walk in a safe direction
sr. member
Activity: 658
Merit: 268
bullsvsbears.io
December 12, 2019, 02:36:00 AM
#36
Not only applicable for beginners, but also for everyone even if you've been into cryptocurrency for a long time. Scammers are always there so we should always be careful with our assets. Everyday, different ways of scamming are emerging. They keep on innovating their ways of scamming that's why as a user who doesn't want to get scammed, we should always be aware of what's happening in the crypto world. Always seek for news, updates, research so you can avoid scams and hacks.
sr. member
Activity: 896
Merit: 272
OWNR - Store all crypto in one app.
December 12, 2019, 02:23:33 AM
#35
scam projects of today are smart scam projects, they look very real and serious this makes not only newbies but old cryptopian fall for them too, this days scammers reveal their identity to gain investors trust easier and freely walk away when they feel like
It's true and it is the reason why many of us are in doubt whether to invest or not because we can't assure ourselves that those projects isn't a scam unless you've done your own exploration to find out if it's worthy. The saddest thing about it is that you can't easily say their true intention and there is still a huge possibility that they will distance themselves and hide if they have finally get the benefits they wanted. No wonder why many of us are hesitating because some of you had already experience it and you just don't want to do the same mistake from your past. Scammers these days are getting wiser and they will always find a way to get what they want, you should be cautious in very decision you make because it is your responsibility as an investor. Don't make yourself fall by their promises and words, have some research to make sure and be attentive.
sr. member
Activity: 966
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
December 12, 2019, 02:19:20 AM
#34
Newbies needs to be prepared for this coming new year, scammers will try to take advantage of that year because bitcoin halving is already dropping the HYPE in crypto space  already, Learn to do research better, not all bad results in crypto are because a project failed, mostly are because of lack of research, with no good research you can easily fall for scam projects.

1) Do better research on new projects before promoting them or investing a penny on them

2) Visit scam accusation thread on the forum time to time, it will safe you a lot too

3) If you you have to invest always invest what you can afford to lose.

This is indeed necessary for the newbie. Many newbie's experience a lot of losses and failures in their investments because they invest based on what other people say or because they are tempted by what is said behind the project. Because I think many newbies don't understand and understand what cryptocurrency is and how it should be done so that they are not easily influenced by what other people say, it's better to take the time to read about cryptocurrency, how things should be considered so as not to be affected by the project scam
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