"What are the biggest mistakes I should avoid as a newbie"? - page 5.

ultrloa

legendary

Activity: 2758

Merit: 1228

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!🙏

Great to see your presence here and asking question to know more about things you wish to try.

You really need to consider a lot of things before starting since there's so many scams happening around. So its more better for you to know a lot of details about scams made by people also those to good to be true offers use as a bait so you will not fall from scams created by people who don't fight fair in life.

Things to avoid.

Ponzi schemes.
Meme coins hype.
phising site hacking
People who offer to trade for your self since majority of this is a scam.
p2p trade scammers
loan scam and many more.

That is few things to consider and for sure when you do further more research about crypto there would be a lot of important topics and suggestion you can bumped on so try to learn from it. Read those sticky thread which is suggested by other forum member since this is really helpful for newbies.

OcTradism

hero member

Activity: 1722

Merit: 801

One of big mistakes make by newbies is don't secure their accounts well or they customize their account profile settings and show their email addresses to the public.

I recommend don't do it.

Forum account: security, privacy, and recovery. Latest months, Power Glove built 2FA that was deployed by theymos and newbies must secure their accounts with 2FA too.
Crypto security: Passwords and Authentication

Use strong password for their account and secure it more with 2FA.

MarbCoin

newbie

Activity: 39

Merit: 0

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%.

MusaMohamed

sr. member

Activity: 966

Merit: 306

Quote from: Lucius on September 11, 2024, 05:18:11 AM

To begin with, read all the sticky topics, because there is all the important information for every beginner, whether it concerns the forum itself or in general some things that are important when it comes to cryptocurrencies.

I did not read all sticky threads but some of them.

Cadaver20 has a thread on all stick threads that are helpful for newbies like you said.
[Bitcointalk sticky threads] Newbies - read before starting.

Quote from: Lucius on September 11, 2024, 05:18:11 AM

When you have learned the basics, I advise you to start reading from the beginning of the forum (Bitcoin discussion) and go down - but do not burden yourself with reading as much as possible in as little time as possible, learning with understanding still requires time and patience.

Learn basics about Bitcoin can be started with
Learnmeabitcoin.com for beginners. It has a page for advanced users too.
Basic Bitcoin information and resources.

EluguHcman

sr. member

Activity: 546

Merit: 265

Accomplished newbie to cryptocurrency? I don't think so . Moreover you are still seeking for knowledges to be able to explore in the crypto industry which I believe is the basic reason why you are here amidst others.

To facilitate and actualize your goals on the crypto industry, I would suggest you take them sequentially so that it does not become incomprehensive for you to acquire.
I am trying to say it would be difficult for you to learn about crypto trading and investments at the same time so, try be specific of which you want and gradually I hope you will achieve your dream.

As for the forum helping guides, you can read on https://bitcointalk.org/index.php?action=help for help.

Lucius

legendary

Activity: 3234

Merit: 5637

Blackjack.fun-Free Raffle-Join&Win $50🎲

To begin with, read all the sticky topics, because there is all the important information for every beginner, whether it concerns the forum itself or in general some things that are important when it comes to cryptocurrencies. If you don't read them (and don't understand) it will surely be the biggest mistake, because you will start using the forum in the wrong way (against the rules).

When you have learned the basics, I advise you to start reading from the beginning of the forum (Bitcoin discussion) and go down - but do not burden yourself with reading as much as possible in as little time as possible, learning with understanding still requires time and patience.

Ambatman

sr. member

Activity: 490

Merit: 397

Playbet.io - Crypto Casino and Sportsbook

Forum wise many have given you advice on steps and guidelines to prevent an action that would be considered "Biggest mistake"

I will dive in to little things outside the forum
As a newbie
If possible avoid trading but if not make sure you research extensively and fully equipped
But I would stress avoid trading.
Don't damble on shitcoins
Invest on the future rather than been swayed by the now.
Study,study and after studying, Do more studying
Ask questions (not something that could be easily found in the web like what's cryptocurrency)
There are many others but as you use the forum you get to learn from others post
Don't forget Bitcoin isn't just a Cryptocurrency.
If we akin to Biology is how Humans are all considered animals
But we know we more than that.

Success would be easy if you really follow the forum rules that were suggested by other members in this thread.

ImThour

copper member

Activity: 1498

Merit: 1619

Bitcoin Bottom was at $15.4k

the double quotes in your title thread makes me think that you have used ChatGPT or any other AI to write it up. I would advise you to not use AI generated content to get more post counts.
In the end, what matters is the quality of your post than quantity. I have seen members here with 10k+ posts and only 1k merit. I personally am doing far better than them.

Also, as a newbie, you should avoid creating duplicate threads and start learning by reading replies from already existing threads. This will help you too.
Good Luck though.

KiaKia

sr. member

Activity: 728

Merit: 388

DGbet.fun - Crypto Sportsbook

1. Learn
2. Keep learning.
3. Never stop learning.

Even if you have money to invest into Bitcoin or anything right now, the more impatience you are as someone with low knowledge th easier you will make stupid mistakes.

Before you take any financial steps as a beginner it is best to ask question and do your own research first, this way you are simply trying to cut down the risk of making foolish mistakes.

Ask questions about everything, where to buy, how to keep, what to use to keep your coins, which ones are safer, you are a newbie after all, the highest numbers of scam victims in crypto space are beginners like you, and most of them have one thing in common, that's hasty.

Be calm and ask/seek before taking any steps.

_act_

legendary

Activity: 1064

Merit: 1298

Lightning network is good with small amount of BTC

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

Ruttoshi

sr. member

Activity: 476

Merit: 385

Baba God Noni

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.

Ummsha

newbie

Activity: 5

Merit: 1

"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!🙏

Topic: "What are the biggest mistakes I should avoid as a newbie"? - page 5. (Read 1149 times)