Bitcoin Forum

How to choose the currency we buy as a beginner?
who can give me some advice?
Thank you

First of all, you need to have a certain understanding of the virtual currency and have some knowledge of economics.Second, have a certain understanding of the virtual currency you are interested in and know its development plan.Finally, you can look at people's chat at BBS, look for useful information, and carefully select a good virtual currency.

Why are you planning on buying cryptocurrencies? What are your intentions? What certain characteristics are you looking for on a certain coin?

NEEDS. MORE. INFORMATION.

If you're planning on buying for the sake of investing; and instead of doing research you instead ask other people what coin to buy...
then investing in general, whatever asset that is, is definitely not for you.

Invest on the highest one Bitcoin, then use Paxful.com to get rich.

Most coins with high volume of trades are good for beginners.

Ethereum, good price and not that much volatility

I would recommend looking at the top 20 or top 100 of CoinMarketCap.

There are a lot of great coins. Find a project that you like, with a good community and people that you trust with your investment. After that you can have a look at which exchanges the coin is active on. Buy a partial Bitcoin using Coinbase or one of the other sites and go for it!

Blockfolio is a nice iOS app that you can use to track your coins.
I hear that CoinMarketCap also is launching an app soon.

At the start I turned to Doge because it was a cheap coin, but now , I hold only ETH and make smart investments in reasonable ICOs.

many much currency for begginer,you can looking for in google

Like others have said, in other threads too, don't invest more than you can afford to lose. Only invest in coins you think are going to go up, that generally means reading and researching.

I don't know that there are currencies for beginners as much as strategies for beginners - start small and read a lot.

I think you should choose depending on what you believe in. I believe that our future is IoT, so I'd go for IOTA. Find a coin that seems interesting to you, and good luck!

You need to pick the niche you want to be in and learn the available coins for it. You can start with BTC of course as it's used to buy almost all alts, only a few are directly traded in USD. Then you can start picking the proper niche as I have mentioned. For me I'm mostly all in to privacy coins. I picked DeepOnion for it as it's one of the remaining undervalued coins in the privacy sector. It uses the TOR network to make transactions anonymous, and will implement a ring signature address obfuscation in the future as well.

You also don't need to invest a lot as they are offering the coins via an airdrop here at BCT. You can check out their community forum to see some more ways to earn i.e. bounties, giveaways, contests and the DeepPoints airdrop they are doing each Sunday. It's really a very good coin to start with for beginners.

There is no particular cryptocurrency for a beginner, you need to do your adequate research on a particular cryptocurrency, its trends, its purpose etc. Also before investing in anything be sure to invest only the amount that you can afford to lose.

I'm a newcomer, I listen to a friend and I bought Bitcoin for $ 16500. And Bitcoin is now $ 14200. What can I do ?

As a newbie like you i sugest you to make some research about Cryptocurrency first .

Why did you listen to your friend? Why did you buy Bitcoin? What are your interests in Bitcoin? What are the reasons that made you buy Bicoin?
I think you're a little panicked because of the Bitcoin drop. Keep it. He expects he to grow up again. "It will grow again". You should think and you can lose to not only to win..

For a newbie, you can buy currency with a good reputation like ethereum, for example. First, do some research about cryptocurrencies, look for useful information. Learn more so you don't lose money.

If you think the price is going to continue to go down: sell, and re-buy at a lower price
If you think the price is going to go up: hold on and wait

Bitcoin comes with pretty high predictions, you just have to wait a bit next year. I trust this currency

you need a specific comprehension of the virtual money and have some information of economics.Second, have a specific comprehension of the virtual cash you are keen on and know its advancement design.

we must be careful in choosing a coin. let alone for a newbie, i advise to choose the most high coin eth and ltc. because I think both have a quality potential

Thanks for the raising this question and for those who answered. This is a question that I had in my mind.

For newbies,  in choosing the coin to trade I suggest that you search some cheap coins and observe the flow then make sure to purchase high quantity to gain some profit.  Be more patient, once you have increased your capitald then one by one you can venture to expensive coins.  Please be reminded to always monitor the pump and dump of prices to avoid lost.

I would say the answer is pretty similar to the question of "I'm new to stocks, what should I buy?". Don't buy berkshirehathaway and don't buy penny stocks. Buy something you would have no problem losing 100%. That being said, do your research and buy from an exchange that has good reputation.

FOR ME you need to study and investigate the whole project.  but still you must know how do you prefer in investing to that project.
you really need a few research i advice

First you have to going through whole project. Then you take proper information about project team. Then find out they are actively participate on social sites. Then you go for it.

If you want to buy altcoin. Firstly research and after buy altcoin.

It might help also to join trusted group chats for reliable updates and information with regards to active coins that might be a sign of good trading. Buying expensive coins involves high risk and as always been said,  constant monitoring is highly required for in this field.





 

Firstly, you must learn how buy crypto safely and with low fee. Now is good time to buy bitcoin.

BTC, LTC, Doge, ETH u can hodl these without a doubt..

That depends on what you plan to do with the currency and what risk you prefer to take. If you want to invest in order to make gains, then you could start with bitcoin, now that the price is lower than last week. Ethereum, Litecoin, dash, these altcoins could also give good returns. But you should also find out where to buy and what the fees are.

the money ether is it a good money for a beginner ?

Stick to coins which have high volume of trade so that if u decide to sell them you can. :)

i am also think buy some eth.
It is suitable for me.
special during this time.

I think the bitcoin you can buy though is currently bitcoin price is too high but bitcoin would be best for beginners. Eth is also an option.

Stay with fiat.

I saw a tweet yesterday about a man who took a loan from a bank, bought bitcoin at 19k then suddenly it went back to 15k.

If you can't handle that kind of situation, stay with fiat, if you can, go with ethereum.

*Mainly because I don't like bitcoin's way too high transaction fee*

begin with bitcoin. then as you get more experience start researching alts and buy the ones you believe in

how about eos?
and what about hsr?