"What are the biggest mistakes I should avoid as a newbie"?

Orpichukwu

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Quote from: Trêvoid on September 25, 2024, 06:31:22 PM

Use secure wallets, and consider moving your funds to cold storage (offline wallets) for long-term holding. Enable two-factor authentication on your accounts for added security.

Using a cold wallet and adding 2FA to your account is a means to increase security, but it's not entirely the safe heaven. How you handle your cold wallet backup will determine the safety of the funds you have in there because if a third person has access to it, nothing can stop them from getting hold of your coin.

The same thing is applicable to 2FA: either to use it to protect a wallet that allows it or to use it to protect your forum account. The application you use should be secured in order for it to serve its purpose.

Issa56

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Quote from: Forever101 on September 25, 2024, 01:19:40 AM

eagerness to become popular on the forum thereby writing lots of post and replies which maybe referred to as spamming.

Most of them joined the forum just because they heard it that money can be made on the forum here, so they joined with the mindset to rank up, and join campaign. That’s why most of them do post a lot just to receive merit so that their rank can increase, but they don’t know that things don’t really work like that here, it’s not about how many posts you make here, people value quality posts. If you don’t have something useful to say, then it’s just better you don’t even post.

The funniest part is that some of them don’t even write the post themselves, it’s always created by AI for them, which is against the rules, so most people that are desperate to make money here do end up not staying long on the forum here.

Quote from: Forever101 on September 25, 2024, 01:19:40 AM

One more thing, trying to teach when you need to learn as for those who are new to cryptocurrency.

That’s just what lots of newbies do now, that’s why sometimes you will see them create threads teaching people things, but there are always errors in the post. They are supposed to keep calm and keep on learning, but they are always in a rush to post, so they will want to teach.

NicNacCoin

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Quote from: Ummsha on September 11, 2024, 02:48:14 AM

"Hello everyone,

I'm Ummsha by name an accomplished newbie to the world of cryptocurrency. I stumbled very well upon BitcoinTalk while researching Bitcoin and i was impressed by the communities knowledge and passion. I'm eager to learn more about cryptocurrency such as investing, trading, and the technology behind it. I'm looking forward to absorbing informations, asking neccessary questions, and contributing to discussions.Also I will learn to accept my errors or mistakes rather.Please bear with me as I navigate this new space!

Thanks for having me!🙏

Welcome to the Bitcoin Forum. You may be a skilled newbie in bitcoin forums but you will never think of yourself as a master. You will always be eager to know. If you think you're a skilled novice, you won't get very far. But to survive in Bitcoin forums you must be safe from scams. You can't survive on bitcoin forums if you cheat. So far no one has been able to survive who has taught this bitcoin scam so pay most attention to working honestly on this bitcoin forum.

nakamura12

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Bitcoin Casino Est. 2013

Quote from: Trêvoid on September 25, 2024, 06:31:22 PM

Hi Ummsha! Great to have you here. Actually, it is an amazingly great community for learning, and you are supposed to be here if you want to dive deeper into cryptocurrency. You don't have to worry about being new; we all start somewhere. Ask any questions, and don't hesitate. We're here to help you get comfortable in this space.

Use secure wallets, and consider moving your funds to cold storage (offline wallets) for long-term holding. Enable two-factor authentication on your accounts for added security.

It will be a mistake if you won't use secured wallets and increase your security or else the chance of losing your cryptocurrency funds will become higher especially scammers and hackers have find innovative ways to steal cryptocurrency whoever fall to their scheme. The saying "Not Your Keys Not Your Coins" isn't wrong because if you are not the one who has access to the wallet then they can freeze your balance or take your funds by saying that your account is banned for example because of violating their rules and will seize the funds in your account.

sotelorene

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Quote from: Ummsha on September 11, 2024, 02:48:14 AM

"Hello everyone,

I'm Ummsha by name an accomplished newbie to the world of cryptocurrency. I stumbled very well upon BitcoinTalk while researching Bitcoin and i was impressed by the communities knowledge and passion. I'm eager to learn more about cryptocurrency such as investing, trading, and the technology behind it. I'm looking forward to absorbing informations, asking neccessary questions, and contributing to discussions.Also I will learn to accept my errors or mistakes rather.Please bear with me as I navigate this new space!

Thanks for having me!🙏

First, you are welcome to the great forum ( Bitcointalk) and trust me every information you seek for is here all you need do is check all the board I mean there are a lot of board and each is unique in there own way and the name of the various board explain or give a brief summary of what is been discuss. In Bitcoin we have investment and trading I may not know which one you would wish or want to learn but trust me trading is so complex I don't mean to scare you but that's the truth, investing is pretty cool and it's different from trading and I suggest you go for investment unless you can afford to take the risk in trading.

Yucky

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Quote from: Cityhunter34 on September 25, 2024, 06:00:01 PM

First of all you are welcome to Bitcointalk forum. I see that my fellow members have already given you some guidance on how you go take navigate the forum so I would advise you to go through them very carefully, the most important thing is reading the rules and regulations that is govern the forum because doing that is going to help you know what is wrong and what is right in the forum.

Secondly as a newbie you really need to settle down and focus on learning, don't be too inquisitive about money, because that is one thing that normally makes most newbies to fall into scammers, while because they didn't want to have the basic knowledge about the forum first before earning which is leading them into mistakes.

Exactly take your time to understand the platform, Welcome to the group, Ursler! Yeah, this is a really great community where you can learn about a lot concerning Bitcoin trading, and investment. You can ask all your questions and have experienced people who have been in the field for a long time answer you.

So one thing I'm going to tell you is don't rush into anything l,, before you reply to a topic try to understand it. Try to do your research and try to write the topic from your understanding, because plagiarism is really frowned at.

So you must not comment on every topic, if it's not coming naturally, just leave it. When you get better understanding, come back and reply to it. Because you don't want to give yourself a bad name on this platform. You don't want to be flagged for plagiarism or AI content.

So just take your time to understand the forum and topics and enjoy the platform. Once again, welcome!

Trêvoid

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Hi Ummsha! Great to have you here. Actually, it is an amazingly great community for learning, and you are supposed to be here if you want to dive deeper into cryptocurrency. You don't have to worry about being new; we all start somewhere. Ask any questions, and don't hesitate. We're here to help you get comfortable in this space.

Use secure wallets, and consider moving your funds to cold storage (offline wallets) for long-term holding. Enable two-factor authentication on your accounts for added security.

Cityhunter34

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Reward: 10M Sheen (Approx. 5000 BNB) Bounty

First of all you are welcome to Bitcointalk forum. I see that my fellow members have already given you some guidance on how you go take navigate the forum so I would advise you to go through them very carefully, the most important thing is reading the rules and regulations that is govern the forum because doing that is going to help you know what is wrong and what is right in the forum.

Secondly as a newbie you really need to settle down and focus on learning, don't be too inquisitive about money, because that is one thing that normally makes most newbies to fall into scammers, while because they didn't want to have the basic knowledge about the forum first before earning which is leading them into mistakes.

Rockstarguy

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Quote from: MarbCoin on September 11, 2024, 05:46:05 AM

And never get into crypto investing if someone randomly contacts you via whatsapp (so-called fake number) and slowly talks you into some kind of investment plan. Chances of losing your money are 100%.

Awareness of scam is one of the things newbies should have knowledge on to overcome scam. Most newbies are desperate to see their self on the top when it comes to cryptocurrency, and this is the trip scammmers use to penetrate just to have advantage over them. Beginner should have the understand no stranger can fund them on to trade or invest and no stranger will give a free give away, every free offer is just a trap.

Having the understanding of do your own research will surely help newbies not to fall into scam from strangers and not to also fall into scam project. Newbies should try their best to get first hand information about anything they want to engage with in cryptocurrency, having character of trying to know things takes away ignorant and it is only when people are ignorant they fall for scam.

Forever101

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The biggest mistake which is the father and mother of all mistakes for a newbie culminated from greed for money which leads newbies into the hand of scammers and eagerness to become popular on the forum thereby writing lots of post and replies which maybe referred to as spamming. One more thing, trying to teach when you need to learn as for those who are new to cryptocurrency.

Be patient, learn in a process and get the full benefits of the forum. Hope this summary is helpful

ThemePen

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I stand with Palestine.

Quote from: Ummsha on September 11, 2024, 02:48:14 AM

"Hello everyone,

I'm Ummsha by name an accomplished newbie to the world of cryptocurrency. I stumbled very well upon BitcoinTalk while researching Bitcoin and i was impressed by the communities knowledge and passion. I'm eager to learn more about cryptocurrency such as investing, trading, and the technology behind it. I'm looking forward to absorbing informations, asking neccessary questions, and contributing to discussions.Also I will learn to accept my errors or mistakes rather.Please bear with me as I navigate this new space!

Thanks for having me!🙏

Hello Ummsha. First of all welcome to world of digital money and to BitcoinTalk community too. I am very happy to have you join this platform. Your greediness to learn and help is great and you hav come to perfect place this community loves sharing information and skills. Feel free to ask questions join conversations and learn from others. Seniors are here to help you. Look around website and share what you have learned. Keep in mind that mistakes help us to improve and I am excited to see you succeed. Welcome to BitcoinTalk.

uchegod-21

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BTC, a coin of today and tomorrow.

About the forum:
Be honest and sincere with everyone;
Don't try to cheat the forum or its members;
Don't spam the forum with irrelevant posts

About cryptocurrency;
Learn before you earn;
Don't buy coins based on influencers advice;
Do your own research always;
Keep learning and improving yourself.

NurseHub

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Quote from: Ummsha on September 11, 2024, 02:48:14 AM

"Hello everyone,

I'm Ummsha by name an accomplished newbie to the world of cryptocurrency. I stumbled very well upon BitcoinTalk while researching Bitcoin and i was impressed by the communities knowledge and passion. I'm eager to learn more about cryptocurrency such as investing, trading, and the technology behind it. I'm looking forward to absorbing informations, asking neccessary questions, and contributing to discussions.Also I will learn to accept my errors or mistakes rather.Please bear with me as I navigate this new space!

Thanks for having me!🙏

Firstly, I will like to welcome you to the forum world. As a newbie too, I'm impressed by this thread because it will also help us learn as our heroes and legendary are willing to educate us more.

One of the things the forum forbids is what they call plagiarism, like you taking a work that basically belongs to someone else without giving a reference to the person or maybe dropping the link to show it wasn't yours.

Another one is using Al to generate a post in the forum. The penalty is actually not likely, so it is good you avoid it. I will also love for you to go through this thread It will help you too.

Ummsha

newbie

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Quote from: Ruttoshi on September 11, 2024, 03:00:20 AM

You should read this topic.

https://bitcointalksearch.org/topic/newbies-read-before-posting-1689727

No plagiarism which is copying someone's work and claiming as if it was yours. Instead you should put the link of where you got the content from. It can lead to ban of your account

Don't use AI to generate your post because we are all humans here and not bot. It can lead to account suspension.

Don't keep your coins in an exchange and only use a self custody wallet that is open source to store your bitcoin. Take your time to navigate round the forum to find the boards that you have interest on.

Thank you for your contribution,I will try my best to avoid such things.

Quote from: _act_ on September 11, 2024, 03:02:31 AM

Start reading the pinned threads on Beginners & help and Meta. These will help you.

Beginners and help: https://bitcointalk.org/index.php?board=39.0
Meta: https://bitcointalk.org/index.php?board=24.0

Important ones are:
Unofficial list of (official) Bitcointalk.org rules, guidelines, FAQ
Forum ranks/positions/badges (What do those shiny coins under my name mean?)
Merit & new rank requirements

"Kudos" to you for providing me such links,I appreciate you.

lovesmayfamilis

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✿♥‿♥✿

Quote from: Ummsha on September 11, 2024, 02:48:14 AM

"Hello everyone,

I'm Ummsha by name an accomplished newbie to the world of cryptocurrency. I stumbled very well upon BitcoinTalk while researching Bitcoin and i was impressed by the communities knowledge and passion. I'm eager to learn more about cryptocurrency such as investing, trading, and the technology behind it. I'm looking forward to absorbing informations, asking neccessary questions, and contributing to discussions.Also I will learn to accept my errors or mistakes rather.Please bear with me as I navigate this new space!

Thanks for having me!🙏

"Experienced" newbie should leave the forum. He has a lot of experience, but only in copying and pasting.

https://bitcointalksearch.org/topic/m.64561638

Dzwaafu11

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Quote from: Ummsha on September 11, 2024, 02:48:14 AM

"Hello everyone,

I'm Ummsha by name an accomplished newbie to the world of cryptocurrency. I stumbled very well upon BitcoinTalk while researching Bitcoin and i was impressed by the communities knowledge and passion. I'm eager to learn more about cryptocurrency such as investing, trading, and the technology behind it. I'm looking forward to absorbing informations, asking neccessary questions, and contributing to discussions.Also I will learn to accept my errors or mistakes rather.Please bear with me as I navigate this new space!

Thanks for having me!🙏

You are welcome to the cryptocurrency forum. You have found the best place for everything about bitcoin and other cryptocurrencies. The forum members are always ready to help newbies that are just coming to the forum, so don’t hesitate to ask questions, follow the forum rules and regulations, and other forums have provided links for you that will guide you to operate in the forum.

Read this: https://learnmeabitcoin.com/

Mayor of ogba

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Quote from: Ummsha on September 11, 2024, 02:48:14 AM

"Hello everyone,

I'm Ummsha by name an accomplished newbie to the world of cryptocurrency. I stumbled very well upon BitcoinTalk while researching Bitcoin and i was impressed by the communities knowledge and passion. I'm eager to learn more about cryptocurrency such as investing, trading, and the technology behind it. I'm looking forward to absorbing informations, asking neccessary questions, and contributing to discussions.Also I will learn to accept my errors or mistakes rather.Please bear with me as I navigate this new space!

Thanks for having me!🙏

A lot of links that contain this forum's rules and regulations have been shared with you here. I will advise you to read them to know the right things to do in this forum so that you will not run into problems. When it comes to holding bitcoin, you need a bitcoin wallet, such as an Electrum wallet, which gives only you access to your bitcoin. If anyone has access to your bitcoin wallet seed phrase or private key, you will lose your bitcoin to that person. So you need to keep your bitcoin wallet seed phrase or private key in a place that is free from natural disasters and known to only you so that nobody will have access to your bitcoin wallet seed phrase or private key.

BitcoinBarrel

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Quote from: Lucius on September 12, 2024, 05:26:18 AM

Quote from: BitcoinBarrel on September 11, 2024, 11:18:18 AM

~snip~
3. Don't use Windows
4. Don't use PayPal

If you are already giving advice about the operating system, you should have given an alternative - a beginner will certainly not just understand that you are advising him about Linux or something else. However, in the context of cryptocurrencies, why would Windows OS be such a problem? I've been using the same one for a decade in combination with cryptocurrencies and no one has hacked me or anything like that...

As for PP, maybe you meant buying cryptocurrencies through that service, so although I don't know if that service works globally, I know that it is possible to send cryptocurrencies to a non-custodial wallet. So I don't see a difference in whether someone bought crypto through CEX or PP, maybe there are just differences in fees.

Windows has many backdoors, spyware, susceptible to various hacks. I would use Ubuntu or at least Mac. Or keep my wallet off my Windows computer if it's a must.

With PayPal, they do not protect users against fraud for what they call "intangible items". That means if you sell BTC for PayPal, the buyer do a chargeback and keep your BTC.

PayPal will not care even if you can prove you got scammed.

AYOBA

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Quote from: Ummsha on September 11, 2024, 02:48:14 AM

"Hello everyone,

I'm Ummsha by name an accomplished newbie to the world of cryptocurrency. I stumbled very well upon BitcoinTalk while researching Bitcoin and i was impressed by the communities knowledge and passion. I'm eager to learn more about cryptocurrency such as investing, trading, and the technology behind it. I'm looking forward to absorbing informations, asking neccessary questions, and contributing to discussions.Also I will learn to accept my errors or mistakes rather.Please bear with me as I navigate this new space!

Thanks for having me!🙏

@Ummsha you’ve found yourself in a wonderful place, we all gather to lean here I hope you can endure and fellow the rules and regulations given by the moderate of this forum? because a lot of newbie’s like also introduce themselves to this forum, lack of patience and they over do have sent Bach to where they comes from I hope you will not be like this users; The cryptocurrency is all about having a little knowledge that will build you to a right path.

So Mate, if want to become a professional trader and also want to know how the bitcoin investments works is for you to find a time out of your busy and did more research, since you’ve have proven yourself that you have done some research on how the bitcoins investment goes: and it really impressed you and also motivated you with the way you comprehend it well after your research.

Justbillywitt

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Quote from: MarbCoin on September 11, 2024, 05:46:05 AM

And never get into crypto investing if someone randomly contacts you via whatsapp (so-called fake number) and slowly talks you into some kind of investment plan. Chances of losing your money are 100%.

Not just WhatsApp alone, Telegram and every other social media is included. Sometimes these scammers go as far as sending you unsolicited emails, telling you that you have won certain amount of bitcoin. These are ways of manipulating newbies, and unsuspecting newbies do fall for these things. So every newbies has to be aware of this too. And in this season of airdrops it is also important for newbies to know that they are supposed to have an airdrop wallet that's totally different from the wallet that they are storing their bitcoin. We should know that scam comes from different angles and one has to be prepared so you don't fall cheaply to these scammers.

Topic: "What are the biggest mistakes I should avoid as a newbie"? (Read 854 times)