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Someone have to do this from time to time, I believe that many newbies are still victims to scam projects till this days, we gotta keep warning them, not all can be safe but as for those who want to learn, here you go

1. Learn to control your greed
2. Money making should come last, learning is the first thing to do
3. Do research on exchanges as there are many bad eggs among the good exchanges
4. Follow the crypto investment rule, don't invest more than you can afford to lose
5. Don't put all your eggs in one basket, diversity is the way of winners in crypto space

All the best.

psychological control is a very difficult issue in this market, it has a lot of temptations and I believe everyone will find it attractive when they first enter the market.
exactly if you want to make money in this space, I think it's not that difficult, but you need time to learn ways to make money. Try searching, believe me you will find a lot of ways to learn to make money here.
this will accompany everyone in the process of learning about this market, what are the good exchanges? You can search on CMC or as I experience, the good exchanges are have trading volume and the buying and selling rates will not be too different.
1. Learn to control your greed
capital mangement? Avoid trading too much and be realistic, admit when you are wrong and prepare for the worst, then you have a break from the winning or losing streak while trading or investing.

Everybody is desperate for money, most especially those who are in very bad shapes, the possibility of having a settled mind to learn will be low, if you are this type of person I suggest you invest in binance IEO, this is the surest way to double your money but binance launchpads don't occur every month, it takes time

In my understanding in binance IEO the token sale is only take a minutes or sometimes just a second after the launch so you need to be quick to buy those token sale or else you need to buy it in the market which is the value may be different from IEO price.

To those newly investors for your own money security it's better to invest your money to known crypto currency don't invest in a new a project this is much more riskier than what you think.

Research on the project will be an important lesson for every people, not just for beginners, because before we invest in one project, we need to have data about the project. The more details of the data we have, the more things we can know about the project, which can be the way to decide later if the project is worth investing. But unfortunately, that is easy to say than to do because many new people join the crypto world because of money, and they will attract to the project or programs that tell them about making a lot of money from crypto.

After we know the details about the project, we can start to invest, but don't use too big money because we don't know if that project can succeed in the future or it will scam us. We can see that many projects have a good point about the project, but the project can not survive in the wild of the market, and the project ends.

Lol that's binance exchange old method, now you just have to buy BNB token and hold it on binance exchange wallet for like a week or two to be qualified for the IEO project tokens, binance team use bnb token as ticket to get qualified for the IEO project tokens, there is no need for instant buy or first come first serve like in 2018-2019

I think learning in the bear market can be easy without the terrible urge for FOMO but in the bull, people cant be controlled to FOMO. I always advice new investors to learn to secure your crypto portfolio and buy into Bitcoin and Ethereum while you invest the time to learnt. While the 2 coins are seated in the wallet and learn, you can enjoy the time watching it grow and learn. Time to invest in bull market is shorter and the choice of altcoins could demand thorough research, altcoins give the highest reward no matter what and one should get a share early.

1. Imposible
2. as I know all thingking about how to get money fast and learning when have lost.
3. maybe we don't need exchange right now.
4. sometimes the rules are breaking by company own policy
5. sure, we have separate between rotten eggs.

You are wrong it's not only newbies but veteran investors cannot escape getting scam also

Sometimes you are tempted to forget but yes it's important


unfortunately the temptation is to high and it's become the first thing


Settle for the top 5 and you will be safe

You are always safe if you keep this as your mantra


unless majority of  these eggs are profitable

This one is easier said than done. Human being is naturally greedy, myself included  :).

If a newbie has an opportunity to earn more then I think he would go for it not minding that it is already greed. Only time and experience will teach him/her the lesson about that thing.

I don't understand what you are thinking, your argument has no relevance or basis at all. Even joining the IEO binance right now is not as profitable as you think it is, as the engagement processes change and the IEO acquisition rate is more difficult, so I don't see it as a solution to help. Look at Stanlo, OP come up with a few things that i think are very plausible in this space.


Everything is only for participants to get IEO tickets and when you get the tickets you can join to buy IEO. In this space we have much better options than joining IEO, I see people who are only serious about the market when they have lost money and are well aware that this is no longer a place of sewing. Luckily it takes us to have the background, that will be exchanged for our own money and time.

in cryptocurrency you must be careful to choose a project that really has great potential to make it easier to get a profit if you are not careful, you can lose a lot of money choosing the right coin and you have to read diligently to see important news so you don't get cheated with a coin-coin scam, therefore you must be vigilant because in crypto there are so many scammers who have deceived beginners with the lure of investing with large profits.

I really don't like the word 'greed'. I think it's just a fancy way of saying 'selfish'.
A distinction should be made between greed, selfishness and self-care. Just because we like to take care of ourselves doesn't mean we're greedy or selfish by nature. That would imply exploiting others for personal gain and putting yourself ahead of everyone. In my eyes, everyone deserves something for their hard work and sacrifice!

Diversification is good, many investors mistaking that all in is good but actually it is risky and for me the maximum allocation is only 33%. For example if you want to buy bitcoin and you have $1,000; you should just allocate 33% of it which is $333. You can minimize the risk by doing diversification, it is really not advisable to go all in for example you will buy all of your $1,000 in just a specific coin.

Its a great and true way you have suggested .I think it can help us to double our money .He/She could follow the Binance launch if any project found can invest .It makes a sure money as we all know .

if we want to be a good investors, we should know how to minimize the risk in our investments
manage the risk is more important than anything mate, also know what you are doing wich mean if we invest in crypto we should learn about crypto first before earn

Yes we all are greedy naturally .I made huge loss in early life of crypto .Then i tried to learn much and also try to control my greediness .At the and i have been succeed and i did earn a huge amount by trading .I still try to learn from the market and control myself and trading .So i think all you guys need to be patient and control the greediness to earn from any platform which is legit .

okay In general basic knowledge takes precedence conceptualized part of it all ,learning from one to the last may seem easy to put into practice but when in the field there is a part that is lost either forgotten or carried by market flow ,some beginners want to quickly gain profits by see achievements of experts and life as a trader or investor must have a deeper analysis yeah add more analyzer and then brush it all of that has risk must be sure

Keep up the good work, we need to keep reminding newbies that learning should be their first target when they enter this space, although losses is inevitable but by learning you can escape some grave simple mistakes, knowledge is power only when you seek for it, I will also like to contribute, newbies must stay away from low market cap coins because they carries the highest risk

Good tips, This is what newbies really need to know before investing. First thing to do is learn how to take the step and set aside the thought of big earnings first so as not to be deceived and fooled by fake investment projects. And can go along with the good ones after having a good research.

You made  valid points,
Learning and understanding the market behavior is very important, in fact, I would say should be the top priority of every crypto new Comer, some people who enter crypto have a total different picture on their mind, they only see when the price is up and the profit they will make but they never thought of when the price is down how they will handle the situation, hence number 1 point is very important.

Another important point is don't invest more than you can afford to lose, don't get carried away and try to invest too much thinking you will make the money back in few days, reason why it is better to fully understand the market movement and your chances of making profit.

Investors needs to learn more not just to keep the sweet promises of those scam developers, if they now how to sort good project from not then the chance is really high for them to be compensated, it's not always for the money but best for the knowledge first to avoid being victimized by many scammers that rounding inside this venue of investment.

Sometimes there are many newbies who have trouble doing research because they don't know the basics of crypto investing. because unlike conventional businesses, what is promised in most crypto projects is very easy to forget, and many newbies fall into this trap, sad.

Great advice for all newbies. Hope newbies can see and read this post so that they will have an idea what to do to earn, to avoid loses, to avoid scammers, to learn more about crypto and make it as their stepping stone to get more knowledge about cryptocurrency.

You will always see this advice here on the forum and this also applies to every one of us, not just to newbies. Greed is normal since we are just humans, but too much greed can lead to a problem and it's not that easy to control it, we need to have good self-discipline. Also, before we invest, it's necessary to know about the nature of investment and what projects are good to invest in. In the crypto space, not all projects are legit so it's our part to make prior research before investing.

If you really wanted this to be read by users who are new to cryptocurrency you will post it in Beginners & Help section https://bitcointalk.org/index.php?board=39.0 I'm sure a lot of users will be able to read this one since that section is for them.

Many beginners are victims of fraud because they are too hastily tempted by the lure of a project because it is promised to quickly get profit from crypto, lack of knowledge is of course the main trigger factor.  they hope that crypto can provide profits quickly and see from the other side if crypto is an alternative way to get money easily without having to do other activities that are quite time consuming

We need to educate the newbies with the updated things because scammers are getting more intelligent than the investors that is why still there are people who are losing their money to scam traps and also by making bad decisions at the wrong time.

We will always warn and remind new entrants and this field needs to thoroughly understand everything, background knowledge is important, i have read some of the above issues and i see the opinion of everyone right and wrong people. But you know what this crypto space does for you and what it takes from you, so i repeat Learn About It and Then Start Doing It.

It's not that easy to control ones greed, it's something you can't get rid of either, even multi billionaires have greed, as bad as greed looks to you it's a very useful gift if you can use it in the right way at the right time, there is a saying from a well known rich man that goes like this 'be greedy when others are fearful' and 'be fearful when others are greedy'

It's difficult to earn now easily in crypto without having any knowledge about it, before ATH 2017 it is possible by just simply holding and waiting also in just joining campaigns. Now, only those who have knowledge will earn so newbies should take extra effort to learn and research so they will not get easily deceived by scam projects.

Overall this is good advice however there are two points in which I do not agree completely, in your second point I will add that as a beginner the most important aspect is not to make more money but instead to protect what you have, this may seem odd, but it is true, most newbies lose it all in less than a year, if a newbie can survive the markets for that year and still have most of his money at least to me he is on his path to succeed, and about your fifth point I will say that it depends because if someone is invested in bitcoin I do not really see the need to diversify at all.

I also agree with you about the 2 things you contribute to, and I want to add a little more to the newcomers, they have absolutely no experience or skills in this field, so the first person needs to do There you have to learn the details of the project, then find the best way to manage your money, and join the market to train you for a while, until then I believe that it is easier for people to succeed.

By trying and learning from a mistake, any investor can control his greed, because greed makes a person want more and may risk his investment, so the investor should put a certain time for sale and not wait for a better opportunity, and he must not be entrusted with all people's opinions, there are those who are not experienced, and he must not rush to take the decision, but rather studies it carefully.

we need to keep emphaszing the part of learning before earning. people have the mindset of making money by any means with zero knowledge, thats why they get scammed easily. learning has been my focal point after i come to realize that great things are built through diligence and hardwork. dont be in a rush to earn, build a system to earn.

I think let people do what they want, they will experience and learn themselve, no need to really school them because no one will listen.
I am sure the topic starter would have learnt the same way as well because i have learnt this way too. So only time and real experiences are the best teacher.

This is well outlined and educational as well, but in as much as I believe newbies will find this really helpful it can also help others to achieve their aims. Starting with greed, it has dealt with a lot of people and therefore I believe that if it is curtailed appropriately, it will help the person a lot. In the case of learning before earning, I think it should be the first point however, because I also believe everything worth doing is worth learning first, as it is through this way that a person will be able to understand what to do and what's expected of him, this also encompasses knowing more about the right projects and exchanges as well. And most importantly, investing what you can afford is the right way to invest in any project because the crypto space is highly volatile.

1. Greed can't be controlled by newbies. Even the old timers are having difficulty controlling.
2. Learning, studying and researching always have to come first. To be aware of scams and frauds you need to be knowledgeable.
3. Just follow the tip or style that use popular exchanges to avoid hassle.
4. Right. Invest with the amount that you are ok to take risk. Not because others made profit, you will also invest like them even it's a huge amount.
5. On this, bitcoin only is an exception kind of investment technique.

All your points make sense for newbies who have never invested or traded but i think most of the community here is well aware of the basics and they do try to reduce risks while investing and trading. But we should know that these are all risky endeavors and you never know which coin will fail you and when.

Not everyone can buy IEOs on Binance, the tokens are often sold out immediately, making it difficult for investors to access IEOs on this exchange.
For new investors in the market I think their most important thing is their lack of knowledge, so it is best for them to try to learn and come up with strategies for themselves.

I agree that newbies should try to learn and control their greed.
The majority of new entrants to the crypto market are overwhelmed by the returns that cryptocurrencies can bring, so they do not foresee the risks involved and it is easy to fall into FOMO. Most of the people who succeed in this market are those who can control greed.

If only newbies will implement and remember all of these pointers we will have lesser or no scammed investors in the community, scammers can scam because of a lack of education and guidance from those people who know.
And if newbies give time to read everything about investing in Cryptocurrency and take to heart what he read and watch it will save him from all the scammers that are lurking everywhere.

2 things that need to be prioritized are patience and research. this will make other conditions follow. however, people who are new to crypto are sometimes impatient, always investing beyond their limits. besides, they also do very little research or are just looking for the success of a project, not its failure.
however, these two aspects will make us understand the conditions and will influence what decisions we make in investing. it is great advice for new people.

Many are complaining about the last IEO launchpad on binance exchange because it only gives 2x to investors, how is this not a big profit? Why saying binance IEO is not as profitable as we think when the success of the IEOs depend on the project's use case itself? One project giving 2x doesn't mean all projects will start bringing 2x from now on, ROI varies

Lol only 2x is too poor a return? What has this world come to Buffett would give everyting to get 100% returns. But anyway Binance launchpad does NOT give 2x my friend,,, it has not given that for a long time, which is why it is so hugely disappointing. I would never complain about 2x, what are these people that you talking about thinking?

Good job, this is the best advice for everyone not just the newbies, some are old in crypto space but still make unnecessary mistakes just like any newbie would and few newbies are smart, they always ask questions here and there before doing anything or buying any tokens, I hope many will learn from this quality post OP, thanks for sharing

You heard that right, this year so far I believe that only Axie infinity launchpad that take place on binance gives 2x return to investors, other IEOs on binance gives more than 2x this year, Axie infinity is the lowest and people are judging binance IEO launchpad because of the 2x ROI, it's plain greediness honestly

Everyone talks against greed and fomo where as we can't do without them  :D , greed and fomo can help you in some cases, they are very useful if you know the perfect timing to use them, FOMO was the reason why I invested in Chainlink, I end up holding my bag and from 2$ the token is now 12$, FOMO is only bad when you don't do your own research first. Most times pump and dump project creates the higher hypes and FOMO

remember not all IEOs will give you 10x -100x profit, being able to give 2x is already very good,
investors or traders also analyze the project before buying, so don't blame Binance if you only make a small profit on IEO.

I agree with the points above. Studying in advance of a project will make us make the right decisions, whether for the short term or the long term. In addition, we should use unused funds so that we are psychologically awake when the market is volatile

If you are new in the crypto you should be careful enough before doing things. First, need to learn all the things about crypto, like wallet, exchange, basic trading, etc. You must also research the projects you want to put your investment. You must be aware also that scammers are just everywhere around the corner. So be careful.

Greed can't be controlled and it could be triggers at any time, do you know that you can be greedy and still gains favour out if it? I can be greedy to invest in a very good altcoin and make some big profits out of it, been over greedy is making huge profit and still wanting more when we all understand that crypto is volatility best friend

yes, I often hear suggestions like that and it's a good thing to do before investing our money in crypto projects. especially for newcomers and old users not to be greedy, to be able to manage financial management properly, not to invest in a single coin or invest in some of the top coins to get a good return on investment.

I really love it, well that's how you need to educate the newbies because they are investing their hard-earned money this desperately needs to paid. Yes there are people's who use to invest without any knowledge and lose it the reason is believing others, that's the saddest part. Crypto need to be played smartly and patience is the key for good returns either you invest or sell wait for your turn.

Do your own research and if you find good projects don't invest what you can't afford to lose because crypto is so unpredictable, those projects that looks so good in your eye can be worthless tomorrow and those projects you ignore can be very big tomorrow, that's why it's good to consider diversification

Do you mean Binance launchpad?
It's very difficult to get there, it's a lottery, and you need to have a lot of Binance tokens on your balance - bnb

That's right, because what you say has happened to several projects in the previous year and there are even things that we can see this year, so everyone who wants to invest in crypto must really consider this through research and analysis that must be done in depth on all projects.

This is the first thing you really need to control. Your greed is one of the main aspect that will lead you to profit but also on the other side this will probably may lead you to bankruptcy. Once you are so very greedy to earn profit you will invest all of your holdings in order for you to earn more profit, but always remember that there is a negative side of this always.


World of crypto is very big and it really needs time in order for you to understand what this is all about. To be honest there are a lot of things you can earn here but there are so many things you need to consider, just like what you have been said. Trading, bounties, signature campaigns, investments and more so you need to learn this things and what really crypto is.

You are maybe correct as the word "greedy is just too harsh a word  :).

Just like in gambling where you are winning on this day and yet you don't stop until you lose everything, that's the perfect example of this greed/selfish adjective to a person. If you are gaining profit then better to take it then look for another good crypto to invest in.

There are fundamental risks in this world.

But it is thanks to mistakes that one learns and is filled with experiences.

It is not bad to make mistakes once and almost twice.

But do you learn or just leave forever having lost ...

Thank you for reminding me regarding the basic rules in crypto investment, all the points mentioned in the opening post are mandatory
if you want to succeed in crypto investment. Especially for newbies who still lack knowledge of cryptocurrency, prioritize running
point number two is "money making should come last, learning is the first thing to do".

1. This is so important, if they can't control greed they will easily to scammed
2. Good
3. Do you own research or if hard, you can ask your friend who knows about it or join in the crypto community will give you good knowledge, or search here, so many great information, you just need to search it
4. So agree
5. Diversity is safe but not always a winner, put it in one coin and your decision is right will give you huge profits, but I think this is so risky for newbie

I don't think it applies to a newcomer or newbies only, but it applies to experienced ones as well.
Look! Even you are already more than one or two years in crypto, you are probably still earning everything about crypto.
What you stated above is easy as a theory but takes much time to implement it in real use. For example, controlling greed. You must know that even you are in crypto for years, no guarantee that you can master it. Some people should do a big effort to master it. While you cannot judge a newcomer has a lack of self-control. Some people have no problem with it as they are typically a person who always thinks realistically. So even if they are newcomers, they have no problem with self-control or greed.
 

I agree with you, especially for point number 1. Emotions such as greed or fear can have a negative impact, whether it's when deciding which projects to invest or when trading. When greed or fear overcomes, we tend not to think logically according to circumstances. Controlling greed or other emotions is not easy, it needs to be practiced continuously. Even people who have been in crypto for a long time can still be tempted to see projects that are too good to be true.

In my opinion, to control greed or fear apart from learning to be disciplined, we also need help from family, friends, or relatives to remind us when we don't think clearly.

All of this were true, if only investors can follow these reminders then we might prevent losing our money. But its a human nature to become greedy to get more money, that is the goal of most us (though not all) on why they engage themselves in crypto. Some tend to risk the money they cant afford to lose because of their mindset that it has a guarantee but unfortunately its not the case. For investors specially newbies, follow these tips because its a big help to be reminded on the right path to take.

Those who are new to cryptocurrency need to keep an eye on a lot of things,
 Example:
 Market, good Exchange, bad Exchange,
 Rules of investment, it is better not to invest without knowing the details.
 It is also important to keep track of scams and de-listings.
 Thanks.

As you learn, learn wide and quick,in crypto world here, you've got to be very smart because even though you are advised not to be too focused on the money making but on the knowledge you will acquire. I know there is definitely something that attracted you to crypto and to be sincere 90% is its monetary values. Who will be motivated when there is no reward? Now, while you learn vastly,you may make mistakes it's part of learning experience. Accept it and keep moving.the bull doesn't stay all time, so you also need to calculate opportunities.

Experiences are important here in the cryptocurrency market, a newbie should focus on gaining experience first than focusing on earning money quickly. Of course newbies will easily deceive if they saw an investments that offering high returns and sometimes it leads them be scammed. The learning part should be the first thing that newbies should focus and they should not skip it because it will be serves as foundation in order for them to have good strategy and a skill that can help them to make money in the market.

Self researching is also a skill that newbies should focus, many newbies are believing in just a single source and of course there is a high probability that it is a fake news because misinformation is one of the biggest problem here in the market. Through researching, we can analyze if the project is good or it is a fake project that are deceiving people.

1. Greed: to be successful in crypto, you have to do away with selfishness.
2. Money and learning: knowledge comes first before any other thing follows in crypto. Learn how crypto works to avoid losing money.
3. Exchanges: we have exchanges that have a fake trading volume. Avoid them totally
4. Crypto investment: invest with your spare money and don't hope on crypto for quick profits
5. Diversify your investment: don't invest in a particular coin, invest in other coins cos you can't tell the coin that will yield profits
This piece of advice is for everyone not only for newbies. We all need It In our daily dealings with crypto for us to be successful in it. Don't put all hopes on crypto for riches to avoid be hurting at the end. Always trade wisely

Agree that we must analyze the price so that when we buy, we get the lowest price. But for new users, analyzing is sometimes difficult because it requires technical analysis skills and I also agree that it is better not to invest in new projects for new users because the risk is higher.

You can add these:

Surround yourself with great coaches.
Join in traders group to learn from their mistakes.
Make reading news about cryptocurrencies a habbit.

Easier to be said than done,

This is one of the hardest thing to do in crypto, even if how many times you said to yourself that you will control yourself or making a limit to your target amount, you will still fall because of your greediness to make more money.

This tread is made very positive in my opinion because a lot of new crypto users don't know manners and play as they please a little extra from me
before investing we must properly understand the content and objectives of the project because it is the most important thing in my opinion
from there we can judge how much potential the project or coin is

It's very hard to control greed  ;D I'd say it's near impossible to control greed most especially in crypto space, how about using greed to get what you want? See? Greed isn't the enemy here, it's all about when to use that greed. If warren buffett can say be greedy when others are fearful and be fearful when others a greedy then he knew greed will forever dwell inside us

HYIP are quite different from these ICO scams but the logic is same so yeah kind of agree with that. The worst part of altcoin investment is that you are into a dangerous territory where you will either lose everything or you might end up earning more than you ever thought. It sounds almost like gambling and lottery where you can get rich quick or you might lose everything you put in it.

With bitcoins investment you know if the price goes down you can wait and it would regain the value in sometime but altcoin because most of the coins turn into absolute zero value you have to ensure that the wait is not your ultimate enemy because at times people wait and end up not even getting 1 satoshi value out of it.

We need to guide the newbies because they made a lot of mistakes due to informatuon that they have is not enough just like us.
The people who gives awareness and sharing information they can prevent losing money and also the scammer their primary target is newbie so it is our responsibility to teach them on how to agoid wrong project but it depends to them mostly they made.

Everyone wants quick big profits that's why newbies invest in HYIP kinda projects in crypto space, no doubt all those DeFi farming projects are seeing huge money and even after many exit scam and still come back with another project investors will still invest money on them, no matter how much we warn newbies they are willing to take huge risks

Greed is the problem where it can lead to bad result if we not let ourselves to control our greed. The greed can be control through discipline but that discipline is something that we cannot learn in just short period of time. The truth is, it is a lot of time for us to have discipline and for us to control our greed. If we have plan make sure we should follow it, for example if our plan is to sell bitcoin at $20,000, if the price reached it we should follow our plan which is to sell it. Our greed can sometimes talk to our inner selves like "do not sell it because it will go higher". That is greed and we should avoid it through proper discipline and good planning.

On May 2020 of this year I made a big mistake by taking risk on a new project that I thought is well supported and handled by pro teams so I invested over 3000$ instead of using like 300$ to try my luck, I ended up losing the whole money, now I've take the rules of 'investing only what we can afford to lose' very seriously

I hope newbies will have the patience to always do research and learn more about any project before investing on them, the biggest mistake one can make is investing lots of money on weak project or scam projects, always use diversity too and this will create high chances to success

New users are not told to invest because there are still many things that they have to understand first, only in every matter related to investment, it is clear that they have to analyze it first and it is even highly recommended to do it several times so that someone does not make a mistake in making a prediction on the price. will be circulating later.

Lack of detailed information on a project will usually cause newbies to get caught up in a fraudulent investment and many newbies don't think long if they see a project that offers them many benefits, even though we all know there are many fraudulent projects that make greed their main weapon, They are in attracting victims to want to invest in the fraudulent project, I think newbies, and we all must really understand in analyzing an investment project so that we can avoid losses that we don't want, if we only rely on greed, of course we will never get a profit, and we will only lose the money we have later.

Well looking at the current market situation I believe focusing and investing on a single coin or token is a better idea actually because there are mostly scams and if you find a good coin to invest in then you might want to focus on it and see how they are moving ahead with the project. You might invest small in some unknown or less known entities but really focusing on a single token and once you profited out then move to the next one is a better idea.

I don't invest much in any altcoins and I only hold major alts like USDT, TRX, XRP and obviously ETH (I do hold BTC but that doesn't count in alts) so I don't know the recent market and the coins out there, I heard DOT is another one that might see a big price boost soon because they are really solid but didn't got enough time to research.

All of these mention tips are really important and helpful for beginners. It doesn't matter how quickly you raise or earn money, so you must first study a project before embarking on it. So you should always be wise to avoid fraudulent market projects and will not gonna waste the money you invest in it.

These all tips are helpful not only for newbies even many old pals also can learn from them because many times these things ignored by many can give some good lost of funds and can create many other problems as well so just try to have some good knowledge and invest which you can afford to lost is very important for all of us.

You can't help everyone.
It is necessary to close access to this market for fraudsters.
Teams must obtain a license from the state for their activities

No!

I keep telling people that diversification doesn't work in crypto.

It's a rule taken straight from traditional investing where you diversify between stocks arnd real estate and so on so if there's a crash on one of the markets you don't lose everything and may profit somewhere else.

Crypto is crypto. It doesn't matter if you buy one shitcoin or the other if Bitcoin crashes they will al crash.

I would also suggest the small investors to not to diversify your portfolio, just do your research properly and then just buy one or two coins only, the point is that there is no need to diversfiy unless you have decent money to start you investment journey and to design a balanced portfolio.

They do a lot of mistakes and of course as someone who already has experience and knowledge in this industry we need to guide them for their goods. However, sometimes mistakes become the best mentor, I mean if they made a mistake it will register or make them realize what they did wrong and by then they will seek a solution for it or avoid making the same mistake again.
My advice on newbies is that don't afraid to make a mistake because this will be your lesson, it will make you strong and wiser. We've all been there, even those prestigious ones make a mistake but look at them now.

Yeah, the point I liked the most was focus on the process and making money should always be the last thought because once yo learn the process and understand how things work in this high volatility market you will be better adapted to investing in altcoins and you would easily spot scam coins out there because most of the scam projects have something in common like they will always make big promises and talk about price to the moon while the real and good projects will always focus on the product based on some kind of problem solving.

Although these points are good and sound simple but it is not easy because once you enter the market you will get kind of amazing offers and some opportunities will look like they might never come again if you miss, so you have to control the FOMO and make decisions.

The more subtleties of the information we have, the more things we can think about the task, which can be the best approach to choose later if the undertaking merits contributing. I generally guidance new financial specialists to figure out how to make sure about your crypto portfolio and become tied up with Bitcoin and Ethereum while you contribute the chance to learnt.

It became the absolutely wrong time to buy crypto. ... But cryptocurrency is important and it is not going away, or be limited to 100 years as others may speculate: transactions are fast, digital, secure and worldwide, which in essence allow the maintenance of records without risk of data being pirated.

If you are a newbie and you want to get involved, first understand why people are here and what makes crypto so special. I understand that many people come to crypto with the idea of "making a lot of money" and that is totally understandable because tons of people made a lot of money from crypto in the past so you want to be like them, hell maybe people around you are making money with some right trades right now and you want to be like them, but you have to first understand the whole idea behind why they exist before you can understand what can go up.

Look at all the things that have gone up in the crypto world for the past 10 years and you will realize one thing common ; they all try to take out traditional financial system, not all of it with one idea, but they are taking it down one by one with each new project, so you have to find stuff that could potentially replace something in traditional finance world.

Moreover, you have not said the most important things. IEO for Binance implies that you will gold BNB coins for a long time, usually for a month, and only then you will be allowed to participate in the lottery, the number of tickets in which will depend on your BNB allocation. As a result, some of these tickets will be winning and most will be losing.

I personally only suggest two rules if you want to invest in cryptocurrency, that is :
1. You are better investing in projects that already have progress and product, because the risk is less than you invest in a new project;
2. You should not invest using all the savings you have, because investing has risks, so you really have to set aside money that is ready to be used as an investment and you must be prepared if the money will be lost if your investment fails.

Bad exchanges like p2pb2b have fooled few developers who knew too small information about crypto exchanges, some ranking websites still ranks p2pb2b exchange as a top exchange, so misleading, developers need to smart up and avoid exchanges like

1. P2PB2B
2. Exmarket
3. Latoken
4. Tokpie

Not all of them are here, there are lots of people that are into cryptocurrency that are yet to discover that there is a forum like this, it’s all with time.

Some people who are smart are going to do their research first; when I was still new to crypto and online investments, I usually do research of any platform I want to make use of to know whether they are scam or not, even wallets that I want to use then, I researched about them and found reviews and articles that would help me determine for myself, and at the time I am saying this is when I didn’t know about this forum. So people have to be sure, you don’t just blindly follow whatever you see.

I have read similar things many times but i think greed is good, i am talking about greed in a positive way and by it i mean the desire to move ahead and earn good profits and finally financial freedom. I am sure mostly are here just because of this greed and this is something that pushes us to do something extra to reach our goals faster. Yes there will be scams, frauds, risks on the way but they are the part of every business and without all these things we cannot experience anything and cannot move forward.

the most important thing is to always update developments about the project. this becomes the basis for the newbie for further action. whether to survive or switch investments. a lot of learning and looking for information will add to the experience of choosing the right investment

Everything should start with learning. Learning something is very important before we go to the next step. We all know cryptocurrency is so risk and people before join they should know it. And I think the most important in cryptocurrency is the private key. So newbie should be focus to learn about it.

Until now I see a lot of new people in cryptocurrency using centralized wallet. that's mean they don't fully control their asset, dangerous. So learn about private key will make them realize the dangers of that

it is a good tips, yet for the no.1 tips you have to learn by experiencing it first rather than let it go just by that. greed is a human nature and sometimes it is really difficult to control our greed cuz of the market condition and other factors which makes our decision really matters and to maximize our profit of course, the said user have to try it but we can not blame it at all if they are greedy

I do agree, especially number 2. Newbies tend to find out how to make money or how they will be able to earn immediately even without the proper knowledge. They always forgot how important it is to learn first before they proceed on exploring new things in crypto until they move forward and be able to understand even a little in crypto before they start to earn.

There's one most important thing everyone in cryptocurrency space should understand in respect to this industry, the ability to learn and continuously learning for the challenges ahead should be prioritize. The mistakes thousands participants made in this industry is due to their lack of some technical stuff the technology involves around. Scammers get away with victims with or without solid technicality, they just wanted the profits from the technology without getting the right  knowledge about the technology.

Everyone should never understimate the power of learning in this industry. Especially newbies in crypto they are the most affected when it comes to do in trading they suffer losing money. When mistakes encounter that serves as a guide to them to avoid lose so the next time they will invest in a certain project they know what to do.

greed and unable to manage financial management properly, newbies often lose out on this and several other reasons including investing in bad projects, being tempted by high rewards and even worse many newbies trust airdrops that require participants to send fees to claim tokens.

Where can we find cryptocurrency investment rules? None of the rules work in this cryptocurrency world. To trust new projects, devs are always trying to do something different, then scammers follow. Expert has also become foolish for expert scammers. Overall, I will trust 2 or more new projects to invest in others will be from exchange listed.

Learning to control your greed is difficult, this also applies not only to newbies but even those who have been to crypto for a long time. This is not something you can apply or even learn in a short period. There are a lot of good and new projects that bring out fresh ideas and innovation which attracts you to invest and be greedy. The lists you made can be considered as the basic rule you should know when you enter crypto.

The best two advice is always learn first and don't put all your eggs in one basket, if you go for different altcoins for example you will escape some losses because not all the coins will perform worse and if you can learn very well you will end up choosing top notch coins instead

I agree with you. Breaking your investment is not ideal in crypto because even those other tokens you are investing in may not be productive to make you profit. But you may be lucky to pick just a singe project and throw in all you want to invest and the penny project turns into dollar value. When multiplied with the several units you have you can see how huge your profit margin will be.  A 10,000 units of a profitable project will not be on the same margin of profit with a 1,000 units.

That is what people should understand their thoughts towards development coins and it will help to protect from the loss. It is a bad idea to keep all our investment in the single coin and we should divert them to the different altcoins because potential coin will always perform well during an upward trend.

The number 4 should be the first it is very important to keep the wallet private keys in a safe place and make at least 3 hard copies for backups and the one is to store it in the mind by memorizing the mnemonic phrase so that we have back up wherever we go. And dont give the private keys to wife specially if not sure her love  is 100 percent genuine

When a person enters into crypto markets with any online way or from the inspiration from his friends, first they feel that Crypto means a way of quick gainer in trade. They don't consider the quality of the project they are investing, price level at the moment just by geed to profits. They don't know their assets management and fill their eggs in one basket. They should learn first about cryptocurrency, exchanges, technical and basic analysis of cryptocurrencies, importance of diversification of their funds to be successful in crpto trade. Otherwise they will regret in the next stages.

Lack of knowledge will make ordinary people easily provoked. Especially with the lure of a large reward, without thinking it will definitely join. Scammers are getting smarter at making fakes, and some have even rented advertisements.
These types of people will always be there, they are greedy, especially seeing from one side that crypto can provide instant and instant profits, without realizing there are many risks. The more knowledge, the more careful people will be. Well, sometimes to gain valuable experience, we have to pay dearly.

Controlling greed is something that is quite difficult, where human nature is to always want to get profit. do thorough research, at least look at some news on social media, if you are a beginner don't be shy to ask someone who understands better so you won't be fooled

Your advice on investing in cryptocurrency is very amazing. One of the major causes of loses in crypto is greed. I have seen where people lose almost all their capital because of it. Lack of relevant and reliable information on a token is also a great constrain.

Investing in Crypto requires extraordinary patience because our prices cannot predict when it will rise and when it will go down, sometimes quickly in the pump to a fairly high price, but if for long-term assets, Kira select BTC or Altcoin that has been aged, can not be dead

I agree with you especially advice on controlling greed and also doing research before investing.
The way to practice it is by trading, for a few months I was inactive on the forums trying to learn to trading, and I felt it was very difficult to control greed and also do research.

Controlling when have to stop holding and controlling have to stop for selling, I think both important when new trader or new cryptocurrency always think with their coin assets after break to higher price keep getting chance with more higher price until price is back down, but some time they will panic selling after looking with assets down and not give chance waiting several days later for getting back their profit and his coin break out to higher price, this big mistake always did by new trader or new in cryptocurrency because they look panic and most trusted for holding when have chance to sell and raise for profit.

You see, knowledge is power anywhere anytime. With the right knowledge, you will be able to invest cautiously. With the right crypto knowledge you will be able to discern between bad project and good projects. In fact knowledge is a powerful skill and the skill to have this knowledge is learning to learn.

It is indeed important for everyone to study and learn every important information about cryptocurrency first, then the next thing you can do is to learn every project of what are the things you should consider when choosing a project that you want to support or you want to invest your money in, for you to avoid losing your own money and prevent you from making false information about cryptocurrency that it is a scam, which is actually not.

This is a very crucial topic which is helpful to all investors not only the newcomers.Uncontrolled greed mostly lead to the person being scam,investors should also try not to put all there eggs in one basket,diversity is the key. Slow and steady always win the the race.

those who invest in more than 3 cryptocurrencies are more likely to earn more profit...
currently, there are thousands of cryptocurrencies circulating in the market and all of them have the potential for 2x even 10x, so don't just invest in 1 crypto coin, do exploration on other crypto coins then your chances of making big profits will be higher.

In my own opinion, the first rule that is very important is, investing what you can afford to lose, there is no two ways about it; people who invest more than they can afford to lose are always the first to complain and become restless.
Number 1 is very much needed and must be mastered not only by newbies but by other members before now as well, this is because, it is greed that has made most people to be holders of coins they don't like, it is also greed that makes people to participate in fake giveaways etc. Another point that is very important is doing research before investing in any project, mastering this will make the person to invest in projects that are worth it.

Join in crypto, it's like we enter a forest, we need to bring equipment so we can survive and end happily. Point number one is the hardest and most difficult to learn, because it is a matter of personality. If you have the character of being patient and grateful, it will be very easy to control your desires which are always lacking in profit (greed). by being able to control yourself, the brain can think clearly to implement the next several strategies (2,3,4,5).

Some people just do not want to learn even if you give them wisdom lessons everyday. So i think it is more like the nature or instinct of a person itself that will drive him to take or avoid risks there is not much these lessons will do on the minds of people at extremes.

Secure your investment and never to fall in any kind of offerings, people often to ask you inside telegram or any social media channels.
Be very careful following any recommendations, it's best to do your own and slowly learn the right proces, if you do this you are helping
yourself to familiriazed and to lessen the chance of losing your invested time and money.

Greed is poison to newcomers to crypto.
Controlling emotions and thoughts along with a variety of knowledge is very important when investing.

Also for us who have been in crypto for quite few years. In this time, this is the hardest. We see the market pumping and decisions are becoming harder this time.
Time to sell or time to hold more.
But just a tip, if you will sell, don't sell all you've got. Still put a portion and percentage that you shall keep for long term holding.

Try looking this thread Will Yield Farming + Dividend Sharing Be The Next Trend For DeFi? (https://bitcointalk.org/index.php?topic=5290401.0) many people suggest to him to leave the project but he still insisted on joining, he is manipulated by the word"backup by real assets and dividend model".

If he learns first, he will not join the project. That's why to learn is the most important

Its not easy to control greed. Most of new crypto comer come because of greed. They are interested to airdrop because the reward like 1 airdrop will give $50- $100. Some of them might come to their senses after knowing the reality of the airdrop.

When a new person comes to crypto world, first he doesn't know about trade. He should follow some techniques that you have said in your post. I believe this basic techniques can be implemented to be successful trader in crypto otherwise any trader can lose his money by improper funds management or by selecting shit coins.

there are only two rules what you need if you new guy in investments. first one is that you should not invest more than 15% of your free money. second one is that you should not be lazy when you need to make analysis of the project. everything else will come when you will make mistakes and learn on them.

greed from everyone must be there and especially for people who are new to knowing and getting results from crypto,
for example if someone follows a bounty and gets big results he will definitely quickly sell it will not see the big and small price of a coin that is obtained, because she thought she got the rewards from her hard work. and to invest,
choose coins that really have a great value like BITCOIN or others.

These 5 points are not only very important to crypto newbies, but to everyone. Many people just want to make money without learning to earn, this is why they easily fall prey to crypto money doubling schemes (HYIP), promising them very huge return on investment. Some people won't even learn the basics of trading and will dive into trading with big funds. Imagine a newbie longing or shorting a coin on futures trading with 50x leverage and getting liquidated, that will be a horrible experience and discouragement. This will be due to two factors, and both are included on the 5 tips posted by OP, which are greed and absence of learning (no. 1 and 2 covers this). Let's always discipline ourselves and have a risk management plan we follow while investing in crypto.

In my opinion, besides studying crypto, it is also very necessary to have the courage to take action because without courage it is useless to learn without taking action and also have to pay attention to the advantages and disadvantages as well as detailed analysis because crypto currencies are volatile

Researching and proper risk management are the keys in order to become a profitable investors or traders if you are new in this type of market. You should be aware on how volatile is the cryptocurrency because in a single day a cryptocurrency can go up and can go down more than 50%. By researching well, you can become prepared on different obstacles that you may face where you can prevent yourself to have huge losses.

That's right, risk management is the most important thing and also one more thing, namely money management, don't let you get carried away with emotions to get big profits in a short time because nothing is truly instant unless you are a professional market analysis both fundamental and technical coupled with very large capital support will help you achieve huge profits in a short time but I do not recommend this for beginners because they are likely to lose some of their money in a short time

Research is also important, but the most important thing in trading is how you can control your greed, where you hope that you will continue to get profit and it will make you lose. Greed is something that is very bad if you apply it in trading

To sum up, we should learn everything about crypto first before investing. Having the mindset of investing with crypto as a shortcut to success would lead you into losses and failure so you better know how to handle your emotions for you to be able to handle your funds as well. Crypto investing needs broad knowledge so we should never stop acquiring more information about it for us to grow especially in trading ad investing.

That's right, nothing is best for making money, unless someone studies hard. spot opportunities, learn about the future of crypto projects, and choose the best coins / tokens to hold. perform analysis on each project that you want to invest in. Because going to a large exchange is no guarantee that the project will be good in the future. keep learning and analyzing. then investing and earning.

besides that, it takes enough experience to choose a good project to follow and get a profit
without experience it is likely that we will lose a lot of profit in a short time or even lose
for beginners this might be like gambling

And also take into consideration the failures and mistakes of other people, ask yourself what did they not do right or what did the do wrong.. When you learn from their mistakes it puts you on the better position. Don't follow hype and don't forget to apply risk management

I bet that each and everyone has their hidden agenda to easily get a high profit in cryptocurrency because maybe the most thing they know like me about crypto was a huge profit they may get so they were going to expect it too. I do admit that i have the same outlooks to crypto way back then in my first stoop here but it all changed as i grow more in learning about it. I learned that greedy may lead me to some huge lose ahead and discipline and self control should be always on top which i can always read here in the forum and so far it is the best adviced that i applied to myself as a newbie or even up until now.

Good advice op, newbies are always in rush to make money, too impatient to learn crypto basics, they don't know the difference between hyip crypto projects and normal crypto projects, they aim for the most profitable projects ever that promises high rewards, I do hope this helps those who really want to start their crypto journey by learning first

Market research and management are very important, but for a beginner, it is very difficult. First, you need to curb your passion, which is present in almost everyone to one degree or another, so as not to end up with an empty wallet. This is the most important thing to start with.

 Learn to control your greed. 
Thats a very good advice. This is the most important factor to control greed. Also patience is a very important factor.
Should pass time for learning.

No one is 100% safe from fraud, you need to be careful and analyze all aspects of the project before investing your funds. It will be great if the team of moderators will track and check all projects at least on this forum, scam projects unfortunately are not getting smaller. Previously, you could earn money on bounty and participate in the promotion of good projects, today more than 50% of scam, you need to control this.

Being greedy is normal to a person because it may brought you positive sometimes and also some negative outcomes. Being greedy can lead you to several losses. Just like what you have been said, patience is a virtue you must need wear a long patience wherever you go because this may leads you to positive outcomes, trust me brother I've been there many times already. As time passes by you will learn different aspects in cryptocurrency and if you are just starting, take this advice from me.

I agree with all the points mentioned in the opening post, if all the points are executed well, should invest in cryptocurrency be a good
source of income. But the fact is that almost everyone wants to get money instantly from cryptocurrency, so in the end many people are
easily fooled by scammers. So don't be in a hurry to make a profit, just follow the process.

They only guide the newbies of crypto industry, so before to get a instant money they must learn and increase the knowledge of survive in crypto platform. Obviously your suggestions are really good for all the peoples, But all the beginners are easily find out the Bitcoin. We know the current market pumps so all the peoples are concentrate the big basket.
The human mentality is never changed anyone so those are enter in the trading or gambling they will addicted in cryptocurrency. In myself beginners are limit to enter the beginning stage and continuously active in the forum, automatically easy to get a rewards.

Number 1 is the most efficient way to prevent being a loser in crypto or in every investment we will be entering because this is the main reason why we fail mostly.

Greediness is proven to be the worst mindset a investor must have and i already experience this when i was new here.

and the number 4 is also good strategy because we must have options in everything we put our money so if one losses then there is another chance of winning.

If you are new to crypto, the above discussion is very helpful for newcomers especially learn to control greed the newcomers become more greedy and earn more and then lose everything therefore before working on crypto without being greedy one has to learn well about the market and then work. Investors need to do market research first any site is good for investment you need JavaScript enabled to view it the first step is to apply one's own knowledge and intellect.

Agree with your statement, do not have to rush to do something that we do not know and learn, because everything needs a long process even though it looks promising, at least little by little it will make it easier for you in the future, and you are not at risk of losing more money because of you. have learned from your previous experience, it doesn't hurt for someone to learn from a young age, because the adage says it's good people tell you, your experience is a much better teacher than those people ..  :) ;)

Everyone is frantic for money, most particularly the individuals who are in awful shapes, the chance of having a settled mind to learn will be low, on the off chance that you are this sort of individual I recommend you invest in binance IEO, this is the surest method to increase your money yet binance launchpads don't happen each month.

I just hope newbies follows the idea of money should come last because everybody wants money as quick as possible, Infact this days alot of people are rushing in just to cashout which doesn't always seems to work out most times.