My recommendation is you need to learn about which asset you're want to invest, it's not only limited to cryptocurrency, you can choose gold, real estate, stock etc anything you're understand and believe it.
It doesn't make sense if I force you to invest in Bitcoin, but you're think Bitcoin is scam, dead etc, of course you would regret when your speculation doesn't come true.
If you're a beginner, it's better to start with investing since it's the lowest risk compared to trading and mining.
In trading most people end up losses, while mining you need to have a good understanding about the hardware and maintenance.
Topic: Your best advice/recommendations for a crypto beginner - page 2. (Read 281 times)
You've come up with 3 ideas already of what you cod do but what everyone's doing might not be the most profitible imo. If lots of people are trading something one way how are you going to do things differently yourself to do well? If you follow the crowd you might just end up in a crowd.
Don't rush with learning though. Influencers might tell you there's a specific time that's good for investing but no one can know and time in the market is only better than timing the market if you're not going to pull your coins out when you're down 70% (which isn't too unlikely).
Take your time and get used to things it can only make you improve your outset or decide it's not for you.
Don't rush with learning though. Influencers might tell you there's a specific time that's good for investing but no one can know and time in the market is only better than timing the market if you're not going to pull your coins out when you're down 70% (which isn't too unlikely).
Take your time and get used to things it can only make you improve your outset or decide it's not for you.
Cryptocurrency just like every contemporary innovation is vast and encompassing. This practically poses a challenge for begjnners. Furthermore, choosing which aspect of crypto to venture into - trading, mining, investing in ICO and others - is a herculean task considering the various degrees of risks associated with each of them.
What is your recommendation for a beginner?
Read things about crypto at the moment, learn about crypto wallets, read about trading, learn how to avoid getting hacks, because most beginners are the target, no need to rush, learning is the first you need, before jumping into investments, and others that include money. What is your recommendation for a beginner?
For a Beginner, you need to learn more about cryptocurrency and how to gain and research. How can it help you to develop the base of the crypto world?
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I will advise you to study crypto projects and trading tools. I will recommend studying crypto projects and trading tools. At the same time, it will be much better if try to seek Blockchain development along with web3 integration. We know that web3 and Blockchain is the next trend and Blockchain will be used in many business and universities. After learning now it's your choice either to make your own Blockchain crypto team or work for any company.
For a beginner I will recommend to study crypto projects and trading tools. At the same time it will much better if try to seek Blockchain devolpment along with web3 integration. We know that web3 and Blockchain is next trend and Blockchain will be used in many business and universities. After learning now it's you choice either to make own Blockchain crypto team or work for any company.
If you just want to use cryptocurrency for part time and just use it for trading purpose then my first suggestions is to read the market up and down for a week. start your trading from low amount like 59$-100$. Don't part in any ICO, IDO. Their locking period is too long and very few new projects will perform well. Try to choose Binance or any big exchange for trading purpose.
If you just want to use cryptocurrency for part time and just use it for trading purpose then my first suggestions is to read the market up and down for a week. start your trading from low amount like 59$-100$. Don't part in any ICO, IDO. Their locking period is too long and very few new projects will perform well. Try to choose Binance or any big exchange for trading purpose.
Cryptocurrency just like every contemporary innovation is vast and encompassing. This practically poses a challenge for begjnners. Furthermore, choosing which aspect of crypto to venture into - trading, mining, investing in ICO and others - is a herculean task considering the various degrees of risks associated with each of them.
What is your recommendation for a beginner?
For beginner with money maybe trading is a good choice. Also mining is best if his conservative of losses on trades. The only thing is it has some equipment needed and some factor to consider like bills on electricity and prices of those equipment, and the rate on which the mining can be profitable. You can compute that if you are already running a rig.What is your recommendation for a beginner?
Also ICO investment is good but its not easy to access it unless you have connection to join some seed sale or private sales.
If you're a beginner, I'd advise you to avoid social media influencers who help to shill a project or predict which coins will do well in the market; most of them are paid to shill the project. If a beginner decides to be lazy and listens to whatever they say, they may fall victim to the "pump and dump" scam.
And, once again, as a beginner, I recommend that you take your time studying a project before investing in it. No matter how little you want to invest in a project, make sure you do thorough research on the project before proceeding with your investment.
They should also be wary of ICOs. Most ICOs that are currently being conducted are simply a method for new scam projects to collect investor funds before disappearing into thin air. I believe that the ICO era is over.
And, above all, invest in BITCOIN.
And, once again, as a beginner, I recommend that you take your time studying a project before investing in it. No matter how little you want to invest in a project, make sure you do thorough research on the project before proceeding with your investment.
They should also be wary of ICOs. Most ICOs that are currently being conducted are simply a method for new scam projects to collect investor funds before disappearing into thin air. I believe that the ICO era is over.
And, above all, invest in BITCOIN.
Cryptocurrency just like every contemporary innovation is vast and encompassing. This practically poses a challenge for begjnners. Furthermore, choosing which aspect of crypto to venture into - trading, mining, investing in ICO and others - is a herculean task considering the various degrees of risks associated with each of them.
What is your recommendation for a beginner?
What is your recommendation for a beginner?
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