Bitcoin Forum

Cryptocurrency is really a stressful market so here's the list that can help us specially newbie.


G  ive yourself time to research things about cryptocurrency at first.
I  dentify your funds whether its for investment or expenses.
V alue all of the things you read in this forum because it really helps.
E  very coin has a potential but start investing on safe and top coins.

M indset is really important to survive. Make sure you have a strong one.
E vey mistakes are counted as experience so do not be afraid to try again.
R ready yourself on the possible losses so invest what you can afford to lose.
I ts hard to catch up at first but you will get familiarized with it soon.
T ry to join signature and bounty campaigns to get extra funds.


i hope we can help someone today. If you have any tips then post it below and lets all help each other.

Don't make it sound like it's a guaranteed investment buying Bitcoin. It's not! I am sure those who sold property to buy Bitcoin during its ATH in December 2017 will understand what am saying here. Every business has its inherent risk, so also does cryptocurrency. The industry is erratic as it is at the moment.

I remember seeing a few popular(in my country) persons on YouTube back in 2017 recommending others to sell everything they had and buy bitcoin because the price will jump to $25k in a few weeks. I feel sorry for those who followed this advice just because they trusted that person and they didn't made enough research before spending so much money on such a risky investment. We are talking about your money here so don't trust anyone, only yourself. Ask experienced persons for advice but also do your own research because that's the only thing you can trust.

yes right, at this time the world of digital currencies has not experienced a stable phase, so many changes have occurred and it often surprises us all. But remember that the opportunities that are still very large, for anyone who can take advantage of the opportunities that exist then they can achieve success. everything must be at risk, and in my opinion that the world of digtial currency is very worth it to be a long-term investment.

Opportunities surely exist, you just have to find them and take action when it's the right time to do so. I belive cryptocurrencies are still a new thing, so there are and will be enough opportunities for everyone to buy some and eventually get profit in the future if they are patient enough to hold them for a few years.

..it is simple as what you have said.."invest the money what you are afford to lose" inorder to avoid too much regrets in the future..make it sure that you have made yourself ready and gain a wild range of knowledge in the field of cryptocurrency so that you have enough backgrounds on how and when to buy coins that have the potential to succeed in the future..don't make yourself ignorant so that no one will deceive you..

Nice post with the highlightened first letter of each tips, it brings reader to words "GIVE MERIT". I have no ideas what is the main point of making this highlightened letters but it sounds that you are asking for merit indirectly. Correct me if I'm wrong.
Just an additional tips for newbie which is the most well known tips in any investment "spend what you can afford to lose only".

I'd say that every coin has it's pros and cons, some are made to get into pump and dump scheme while few coins are really working for the potential that it can show to the community. Don't get blinded with great marketing of some altcoins.

Your suggestion about investing on safe and top coins is true but I wouldn't say that every coin has a potential, just look at the coinmarketcap.com and how many coins were listed there it's around 2,100. That's a lot of altcoins there and that only shows on how many of them doesn't really have the future and potential.

To add up to OP's opinion, knowledge is very essential in all fields. For every crypto investor irrespective of your status (Newbie or Expert) to survive in the crypto space must always learn more because cryptocurrency and Blockchain is dynamic. There are always new trends and new projects entering the market hence the old information and strategies must be polished in order to survive.

It's not as simple as it sounds! I know a lot of people who are neck deep in debt just because they entered the crypto market during late 2017. Not everyone gets lucky so knowledge is also very important. Every people looking at crypto investments, should have at least some knowledge of the technology and also know the price trends to ensure that they don't end up being in debt and can get out of the market if required.

Surviving in the cryptocurrency ecosystem is not as simple as buying bitcoin and hodling it. People bought Bitcoin at $20k and they are still holding them in their wallet till now which indicates 80% drop in the initial capital they invested in it. Do you call this kinda hodl as a simple one ?

when people enter into something they have no experience or knowledge about, no matter if it is a market or a business or basically anything else, they always find it "stressful" because they don't know what they are dealing with so knowing that, the solution is simple. just gain that experience in the market and try to analyze a lot. if you can't do that then you shouldn't enter it because it will lead to losses.

That will include in the learning lesson so we can know what we need to do. But we can limit that stress especially if we can find a good lesson that will teach us about trading at the market. And related to survive in cryptocurrency, with some knowledge we've learned before, we can analyze better so we can always found a way to solve the problem if we face it. No matter if we are making a mistake because that is normal, but from the mistake, we can get more experience and more learning to be better.

Heres a basic answer.

Buy low sell high. Repeat, rinse and scale.

Bitcoin is highly volatile then, yes you could do that strategy. But I must go on this basic strategy on how to survive Bitcoin.

Buy low, sell high and hold a long time as an investment. At this point, there's high a chance to earn profit but it takes longer time maybe. At the end always bitcoin is the best.

I'm sure that the "not so hidden" message is for surviving the BTCT forum.

Anyways, it's a great motivation with what to do in this forum, basically. I think almost every resource is available here to verify if a project is a scam or not but you should be still vigilant with what you invest to. It's nice to check with the community if it's a good thing or not. It's great to have the Bitcointalk community to discuss related stuff like that, in my opinion.

If your holding for a long time then you are taking away the profits that you can get. Surviving just by holding is not a good idea you need to fight them within the market so that profit will flow into your pocket.

All we know that crypto industry is very risky. If you don't have a great strategies you can't survive. Reading in bitcoin forum is a good partner for the newbies or even to the old member. We need a continues learning and experience sharing to avoid a big error or loss. We need to perform not only one activity to earn and for me always do or join bounty campaign while doing other bitcoin activity.

This is true, but HODLING is far easier and less stressful when compared to day-trading which is why what he said makes sense.

There is always the risk of losing our investment in this market due to its volatility, but HODLING BTC is far safer than HODLING altcoins overall.

not as easy as you say, we can't save coins forever but have to sell at the right time and this you have to look carefully at the development of the coin itself

To survive, you should at least:

1) research
2) don't panic (sell low)
3) pay attention to fundamentals
4) stick to your strategy, but review it in a while to make sure it's still relevant
5) don't be afraid to change your strategy or adjust it if you feel like it's necessary

If you do not make successful investments in stock markets before and if your market knowledge and experience is strong, you can consider making medium and short term investments in the krpto money market. However, if you do not have such experience, you can get the most successful results in the long term by buying classically and waiting for the next up trend.

This factor is the key tool and principle for anyone new in the crypto ecosystem to survive throughout they stay. Researching on projects and on things that influence the crypto market provides you with enough information on the progress of a crypto project or on how to invest successfully.

Well my eyes were being a bit critical. Message decypted.
So what's the significance of giving merit to survive a "stressful" Market.

By the way if you have been following closely. Market has been doing good for over a month now. I guess Most of you think market will only be good when BTC reaches 10k and above

wow that is the nice one you can makes the senteces from MERIT, we need some merit if we want to makes our account is 'important' and 'popular' on this forum, but getting merit by making a good activity. it will be hard hahaha

maybe the op wants to recieve some merrits from other users  , that is why he used the acronym " give merrits " but anyway   , i still thank the op for its effort to post such helpful and goofy content  .  though imo , we dont need to follow that all but rather we can only follow one or two rules ( main rules ) namely  " being patient "  and  the other one could be " be wise "   being wise can include to be smart and other good traits  .

Hmmp just kinda off topic here.
In order to survive cryptocurrency is very simple, of course, the dev is always finding ways which part of their projects need to have improved so that investors will always come. Mass adoption is the major part of crypto must have in order to survive into the market. However, If you don't have holders the value of coins will be dropped too much and there's possible cant recover.

Neither way short or long as long you would be profitable or having an effective trading plans would already be good. Surviving this market wont really be that
easy because the profitable ones would sustain and lossers either will fight back or just simply let their investment lost and being donated to those who profit.
Mistakes are the great teachers and you should utilize these things for you to be a better trader or investor.

Good advice/tips. Very important we remind ourselves the culture of investing and how to go about it. Your merits will come from your gains, keep believing!

I am doing that tips for such a long time that is why I am very confident that I am still surviving until now. Having a strong positive mindset will also give us to become successful here in cryptocurrency. I don't have any smerits to give and you deserve one. Lol. But anyway, setting aside our emotions will also make us to survive.

no market is easy, in fact making profit is never easy. if it were then everyone would have been rich by now. the difference is only made when people make an extra effort in order to become successful. otherwise when they just randomly throw their money away at different altcoins and bag hold them hoping to make profit, they will always lose.
it is not about "surviving" the market. it is all about knowing how to move with the current instead of against it.

I think that's the basic point in surviving. In a market that will see your assets either plunge or spike, your emotions should be well under control. When your emotions become a part of your decision making based on what you're seeing in the charts, then there are a lot of problems that can happen. So keep them detached to put it simply.

We can make it right and survive for any market trends changes if we are willing to accept the risk though.
I probably learn a lot in the forum, being impatient, lazy individual and relying others will bring us into down.
We should have to work our investment to make it profitable and create strategies our own.

I've noticed that but I'm more focused to the discussion that he is bringing up. The effort he made there is good for bringing up a meaning and sentece for each of those letters.

It's a hint on what he wants.  :)

Learning to manage our emotions cannot be easy during stressful times of facing difficulties. Don't do frequent check of the price of crypto, for you to avoid panic which will cause a lot of troubles in the future of your asset. The key to survive can be attain once you'll be able to meet those goals that you've set. Before you reach those goals, always cherish good moments and always have a positive outlook in life.

many people attributed the fall in prices 2 years ago to evidence of a holding failure, even though the holding was not only held for 2 years, it could be 3 years or more and of course the price of recovering would guarantee that you would profit from holding.

trading, specially in short term like day trading, is not for everyone. many will lose a lot of money trying it. for most people it is more suitable to do it in a rather longer term and during times where things are very clear. like selling on the top of the bubble then buying back a couple of months later (eg. sell at $18k buy back at $10k).
not to mention that trusting exchanges since they run away, scam, get hacked,... every day is not a choice that everyone makes.

Very creative,  ;D ;D


Thank you for sharing it although I read the same thought many times, but it's useful for newbie.
I trust more this forum than the information I read from outside which is coming from a certain site a single writer, and so on.
I feel like we have the bond here and that we care for each other.

It is not important that you should buy only bitcoin. There are so many other virtual currencies that are making there place in market like ethereum, afcash etc . People should invest in crypto currency but not only in  bitcoin.

Things like this will help everyone to realize what can be the potential if you have good understanding of things that you are in with, knowing the grounds and knowing your own self in order to balance how will you react and take every opportunities that will be ahead of you.

The  hodl simplifies it.  Bitcoin may go up and down but in the long run it will definitely go up.


I agree, diversify investment but of course we need a thorough research about the investment we will try to venture.

Hold and have your target price!
Bitcoin is good yes, but there are times that we have to sell our holdings in order for us to enjoy the profit. Hodlers should be more wise this time, because the price moves differently and we are seeing a more volatile market. To have a better plan is to survive, don't forget to set this one or else you will become a hodler forever and misses the chance of taking profit.

It is the realization of everyone, there might have misunderstanding causing some other to easily be disappointed when the market falls but they'll never that is already a part of its journey. Crypto isn't have fully develop and so we expect many changes along the way. Our support is very important especially during the bear season, cause crypto won't survive if we don't do that.

In summary, its all about hard work and the right mindset. Cryptocurrency is a very large market and a volatile one, if we don't work on this we cannot expect something in return. Its hard of course to understand if you are newbie, but its normal to experience some failures on your decision but you must keep on aiming for goal that you have.

Right. Cryptocurrency defines more success in life but we should always do the right thing here. Hardworks and perseverance count the most. If we never know how to be patient most of the time and will resort into negative actions,thus failures will surely follow. But for newbies, failures are just normal that will mold them into good investors in the future.

My own tops are:
Do not jump into cryptocurrency Market with the mentality of getting rich quick so you do not get disappointed later by the outcome.

Shun greed if you want to be successful in cryptocurrency market.
Do not follow the crowd times be your own guide .
Etc

Every business has it own risk attached to it understanding matters a lot. Jumping into cryptocurrency world without proper orientation about blockchain, cryptocurrency investments and trading has lead some many people to regret and called bitcoin all sort names. Secondly the idea of getting rich quickly is another good point to look at, always try to be patient why involved in any business.

as I experienced to stay in krypto, when the price of crypto goes down, I better stop trading and I will save it until the market price stabilizes, so that I will not lose even a bit of my assets, so I will be more persistent too.

I think to survive in the world of cryptocurrency.  It is very important every day to develop in this area.  To learn something new and interesting.  Then you will always be aware of all the new developments.

You dont need to learn new stuffs or to develop to be able to survive here on cryptos  . learning the basics such as having a patience and having a knowledge about the nature of cryptos is already enough . its optional but its also helpful to stay updated by following the news related to cryptos  .   cryptos are tough and hard to manage  , only those who are strong can remain and weak handed will be eliminated .

I also think that to survive on crypto, buy and get bitcoin and hold is the main step and this can help to get a profit over time and survive on crypto for long time.

Buying bitcoins during this market situation is an advantage. Even holding potential altcoin is also the smartest decision that we could do. Holding and learning more about cryptocurrency could make stand firm no matter what the changes in the market are. Joining campaigns and dealing with every market situation would make you survive in crypto world.

First of all, do not get scared of the big competition ahead. In order to survive how to get success in the bitcoin community, all you have to do is put your hard work and your valuable time in it. People are here not for you there in this forum for their problems or because they love to discuss cryptocurrencies. If you cannot respect them I simply do not waste your time. You have to first understand what exactly is bitcoin and how it is working and that after that you can and get some pretty good idea about how to use it to make money.

nobody pay attention to merit massage lol. or you want to say "give me rit"? by the way those rules are right,i hope they will help who is new to market.all i can say is dont trust anyone.read,watch and make your own decisions.

These tips would suffice for those whose interest is in ICO/IEO

always look for
1. WhitePaper
2. Team
3. Replies of other people on ANN thread
4. Bitcointalk Profile Trust Score
5. RoadMap of Project
6. Amount Reserved for Bounty and Total Numbers of Hunters Joined So Far.
7. Never Sell when other Hunters are selling. Sell your tokens when market is green for many days,
Thanks

I think it's a good post for anyone who is new in this market and even for experienced one.  You tried to cover good points.  Either just HODL bitcoin and wait for good fortune.  But if you want to be rich and get involve in crypto world then you have to be really active and remain updated from time to time. Bounty and campaigns could be a source of profit but that is hard work not investment.  Be prepared for losses and then jump in this world

yeah, i thing hold is best, now.

Its not that guaranteed that bitcoin will be always up,for some people who are investing money on bitcoin and hodling them most of them are crying now specialy those who bought last 20k pump when im sure someone said that hodlinh bitcoin will generate you tons of money

Well, its also very important to know the perfect time when you should buy because those who bought back in 2017 were definitely most of them beginners. Even tough in 2017  i wasnt very experienced with cryptocurrencies i knew that when the price reached 20.000$ it is not going to continue like that because its just to much and to fast. I was something logically. For example, i think right now its a good tie to buy some bitcoin and hodl for 1-2 years because you will almost guaranteed make some profit.

It is definitely great and amazing especially for those newbies who are still seeking for some information that can help them to survive cryptocurrency. Well I do agree with you everything takes time and effort especially learning something that you don't familiarize that's why it is better to give yourself some time so you can analyze everything. Some of us feel so confused and doubt at the current situation of the market and we can't make wise decision for ourselves especially when we are choosing whether to hold or sell but this can be a great help for newbies.

please insert knowing when to buy  and when to sell
wait for confirmation for entry and set take profit with less greed.

Do not be too excited when you see a coin going up, especially already above. It would be better to try it later.

Give priority and target for your daily/weekly profit to keep your spirit

Surviving in crypto really need a good mentality and strong mindset, when the price falling down you will see a lot of fud news and panic selling, knowledge and experience really going to help you achieve your goal, always doing your own research when you want to invest

Yes. Living in crypto community brings a lot of risks so if you want to survive, be with your positive mindset all the time. Do not entertain negative vibes as this will only pull you down. And know your investments well so that you will not end up as a loser just because you are already deceived with the coins you invested.

Well i think the only key to survive in cypto feild is to have a big patience, If we are going to look at the crypto from the start we can really see that it really rise, and we can also say that the people who have a big patience from the start really earn a lot this time. I believe that of we have patience ang great strategy we can really earn and survive in crypto feild.

Wow nice effort mate it can especially to newbies as guide how get survive and success in bitcoin. For the people out there if have nothing bitcoin start buy and hold it until the get success.

I am agree. Patience hold the key to survive in volatile market. We know that crypto is risky market but profitable market, only people with patience will survive and take gain in this market. Its need long time to gain people trust on crypto but i am believe people will invest and interesting to invest

That was clever. The effort to think of sentences that start with those letter just to give a not-so-lowkey message. It was also a good point of yours. Giving ideas and advice to newbies. It can somehow be helpful

The crypto market is extremely volatile. To survive and thrive in the field of cryptocurrency it requires a special set of skills to become learned and well-versed. Leave emotions out of trading and investing strategy. Always have a game plan and follow it religiously. It can be stressful but if you arm yourself with correct strategies, then it will lead you towards success and survival.

Newbie welcome to crypto didn't research and learn how that happen. some good news make they buy alot of crypto on high price and panic sell when price going down. different when they research first, buy low and sell high.

A really difficult question to answer. I think we can only survive. If we adapt to the living environment, then work hard as well as keep potential Altcoins going. Short-term trading. along with buying Bitcoin holds long-term room when Bitcoin price increases make a profit.

There is not important to consider when to buy now because the price is down, what you need to know is when you have to enter the market and take the risks. Investing on crypto then hold is one way of helping the market to survive. The statement about give merit has a good point.  You need time to understand crypto before using it.

I completely agree with this. Too much emotions attached to Cryptocurrency trading which I still don't understand why. The volatility is unprecedented that's why it's important to do all your research and develop a personal investment strategy that tells you when to enter and when to exit irrespective of how you feel. Too much complaints here and there on losses which could have been avoided. And lastly, don't invest what you can't afford to loose. Those who bought at the last bitcoin ATH will understand this.

Unfortunately it is not so simple to the average person as they catch up in the trends to make easy money but who can blame them as inherently we want to have more money easily at that moment bitcoin seemed to be a reasonable option.

But it is a responsibility on our end to educate the people of potential risk of fluctuation of price and buy at low and to hodl on the long term.

To survive in this bad market once need to have a proper strategies to invest in a right time and exit when it needed. Dont get to emotional in the projects. Once we get the profits make sure to make a research before exite otherwise you will exit to earlier. So knowledge is so crucial thing we need in cryptocurrency to survival.

gaining knowledge in cryptocurrency is important rather than blindly investing with greed or else fomo based thinking

That requires some good experience but these average people will eventually learn over time, and they have a chance to make easy money provided they will improve and stay consistent, actually it's only in the beginning that you struggle, but if you have the dedication to learn, there is no impossible.
You will make more if you consider crypto to become your passion, as the more you love it, the more you earn from it.

People will learn from experience and experience will make someone become more confident in doing various things. To be able to survive in the crypto world, one must be able to adapt well and they must be required to have good skills and knowledge about the crypto world.