Bitcoin Forum

I've been an onlooker on this forum for a while now, even before I was a member I would look on here to learn...

I keep seeing people asking the same questions and I admire the patience of members who always look to help people out even if it is the 50th time of answering.

So if your new the best thing you can do is learn learn learn before you invest.

I know so many people who have been burnt in this world through investing blindly, trusting people and just being negligent looking for that quick buck.

So I am going to list 5 things you should do before making any investment:

- Learn how to research a coin to enable you to buy at the correct moment owning your decision making it the correct decision.
- ***Never put your Crypto into any platform that overs an ROI in interest such as Bitconnect, USI-Tech, and Mize etc.***
- Learn about Security of your Crypto. Such as cold wallets, encryptions and off device storage of keys and backup phases.
- Learn the basics of trading. Buy low and Sell high. Or even Sell high rebuy low by using moving averages to enable you to react on what is happening right now.
- Learn how to adapt to enable you to keep your profits and your losses low. Hodling never works in a bear market so be aware of what market trend we are on.

Cryptocurrency is still in its early phase, many more people will come into this world after you, ensure you learn now so you don't have to in the future. Please be aware of the speed of this industry, it is super fast and can change overnight.

*** More a rule than a learning point...

Thanks for taking the time to write this and share this valuable information with all of us newbies. Can you suggest trusted sites / books/ other resources that teach the basics of cryptocurrency?

Thanks! :)

If you're a newbie, also read this topic: https://bitcointalk.org/index.php?topic=1689727.0 (https://bitcointalk.org/index.php?topic=1689727.0)
It contains all the necessary information to get started!
Steep learning curve ahead ;-)

Wow.. interesting point for newbie..

It depends what you're looking for. I've found Twitter a good place to learn from people certainly a good place to get the news, but even trading education from people by using Trading View to get familiar with what people are saying to pick up the lingo.

In terms of audio/books etc plenty recommended online it just depends what you are after, more trading ones? Blockchain education? or the history of Bitcoin itself. It's a big industry in terms of subject matter.

As a newbie into crypto too learn to be patience and control your emotions. You won't be rich overnight but the freedom and experience crypto offers will open doors into investment in various projects.

Thanks for taking the time to write this and share this valuable information with all of us newbies. :D :D :D

These tips are kind for the advanced user, before investing you need to understand the core basics of Private / Public Keys ...

I think that before even thinking of investing in Crypto everyone should understand what is Blockchain Technology, as it is will be super hard to understand the Business behind this new economy.
Here is the most updated guide on Blockchain Technology
https://101blockchains.com/ultimate-blockchain-technology-guide/

In any case, DO NOT invest any amount you are not willing to lose, crypto is the highest risky investment. And DYOR - Do Your Own Research :)

thanks, it really helps all newbies here. 🙂

Well done that’s really awesome article by you and it will definitely help all beginners if they act upon it and crypto is very hard thing and very critically important if someone do not work properly he she can be deceived and may be get loose his amount so be carefull

Thanks for the super knowledge, it's not hard just wanting patience ???

Those are very nice tips. especially the ROI part as people got rekt from bitconnect platform. we keep learning everyday in this space.

Well done that’s really awesome article by you and it will definitely help all beginners but I've found Twitter a good place to learn from people certainly a good place to get the news, but even trading education from people by using Trading View to get familiar with what people are saying to pick up the lingo.

Good reminder for new people.

Yeah, most of them are Ponzi schemes.

thanks for this advice. since i am new, every advice is helpful.

These are very useful advices! I would also add that it is necessary to invest only free financial resources, which you are not afraid to lose in case of falling currency!
Thank you Author!

Have you guys came across any good articles about selecting legit bounty campaigns.

You looked at Bounty0x?

It seems there have to be some elements of luck too as some projects may have passed through all these tests but may not still pull through

I think it depends, some are brilliant but have a really bad revenue model, once the market tumbles they struggle

This bear market has been a great filter of bad projects.

There were some obviously fraudulent projects that went broke with this bear market.

The next bull run will be much higher quality than the earlier ones.

I recently saw a youtuber who was obviously misleading people showing how broke he was. That's the kind of low quality influence that cryptos are naturally getting rid of.

The crypto markets work. It's real capitalism, not fake FED money printed to control a fake market with fake valuation.

thanks for your information.

A lot of Youtubers should not be trusted, bull market for them was unbelievable and everyone trusted them; now people in massive losses. Market will pick up but most people would of left by now I feel and most likely stung and not return. Put perception is a massive thing

thank you for sharing your knowledge

As a newbie, I appreciate this info. thank you!

thank you so much for your help

thanks for your information It is helpful for newbies like me :)

i really have a lot to learn yet from crypto.  i am at a crossroads coz of so many news and all.. your post made me hang on.. nice! and thank you  :)

sharing your experiences unselfishly will bless you more.  most players just dive without enough knowledge.. and that's scary.

truth is, a lot only hear the tinkling of cash without thinking and doing research before venturing into crypto.

there's no manual in joining crypto. your tips are certainly helpful in providing insights to newbies ang those prospecting to join.

great tips! i didn't have these when i started.. i was so lost and made so many mistakes.

Experience is still the best learnings you will get from in cryptocurrency. I advise you to spend only few amounts of your money here in cryptocurrency especially if you are still learning how to do things here. Read a lot here in this forum for additional learnings and try to learn the different ways of scamming for there are many scammer especially in marketplace section. I should advise to avoid in that part of this forum.