Bitcoin Forum

"Hello everyone,

I'm Ummsha by name an accomplished newbie to the world of cryptocurrency. I stumbled very well upon BitcoinTalk while researching Bitcoin and i was impressed by the communities knowledge and passion. I'm eager to learn more about cryptocurrency such as  investing, trading, and the technology behind it. I'm looking forward to absorbing informations, asking neccessary questions, and contributing to discussions.Also I will learn to accept my errors or mistakes rather.Please bear with me as I navigate this new space!

Thanks for having me!🙏

You should read this topic.

https://bitcointalk.org/index.php?topic=1689727.0

No plagiarism which is copying someone's work and claiming as if it was yours. Instead you should put the link of where you got the content from. It can lead to ban of your account

Don't use AI to generate your post because we are all humans here and not bot. It can lead to account suspension.

Don't keep your coins in an exchange and only use a self custody wallet that is open source to store your bitcoin. Take your time to navigate round the forum to find the boards that you have interest on.

Start reading the pinned threads on Beginners & help and Meta. These will help you.

Beginners and help: https://bitcointalk.org/index.php?board=39.0
Meta: https://bitcointalk.org/index.php?board=24.0

Important ones are:
Unofficial list of (official) Bitcointalk.org rules, guidelines, FAQ (https://bitcointalk.org/index.php?topic=703657.0)
Forum ranks/positions/badges (What do those shiny coins under my name mean?) (https://bitcointalk.org/index.php?topic=178608.0)
Merit & new rank requirements (https://bitcointalk.org/index.php?topic=2818350.0)

1. Learn
2. Keep learning.
3. Never stop learning.

Even if you have money to invest into Bitcoin or anything right now, the more impatience you are as someone with low knowledge th easier you will make stupid mistakes.

Before you take any financial steps as a beginner it is best to ask question and do your own research first, this way you are simply trying to cut down the risk of making foolish mistakes.

Ask questions about everything, where to buy, how to keep, what to use to keep your coins, which ones are safer, you are a newbie after all, the highest numbers of scam victims in crypto space are beginners like you, and most of them have one thing in common, that's hasty.

Be calm and ask/seek before taking any steps.

the double quotes in your title thread makes me think that you have used ChatGPT or any other AI to write it up. I would advise you to not use AI generated content to get more post counts.
In the end, what matters is the quality of your post than quantity. I have seen members here with 10k+ posts and only 1k merit. I personally am doing far better than them.

Also, as a newbie, you should avoid creating duplicate threads and start learning by reading replies from already existing threads. This will help you too.
Good Luck though.

Forum wise many have given you advice on steps and guidelines to prevent an action that would be considered "Biggest mistake"

I will dive in to little things outside the forum
As a newbie
If possible avoid trading but if not make sure you research extensively and fully equipped
But I would stress avoid trading.
Don't damble on shitcoins
Invest on the future rather than been swayed by the now.
Study,study and after studying, Do more studying
Ask questions (not something that could be easily found in the web like what's cryptocurrency)
There are many others but as you use the forum you get to learn from others post
Don't forget Bitcoin isn't just a Cryptocurrency.
If we akin to Biology is how Humans are all considered animals
But we know we more than that.

Success would be easy if you really follow the forum rules that were suggested by other members in this thread.

To begin with, read all the sticky topics, because there is all the important information for every beginner, whether it concerns the forum itself or in general some things that are important when it comes to cryptocurrencies. If you don't read them (and don't understand) it will surely be the biggest mistake, because you will start using the forum in the wrong way (against the rules).

When you have learned the basics, I advise you to start reading from the beginning of the forum (Bitcoin discussion) and go down - but do not burden yourself with reading as much as possible in as little time as possible, learning with understanding still requires time and patience.

Accomplished newbie to cryptocurrency? I don't think so . Moreover you are still seeking for knowledges to be able to explore in the crypto industry which I believe is the basic reason why you are here amidst others.

To facilitate and actualize your goals on the crypto industry, I would suggest you take them sequentially so that it does not become incomprehensive for you to acquire.
I am trying to say it would be difficult for you to learn about crypto trading and investments at the same time so, try be specific of which you want and gradually I hope you will achieve your dream.

As for the forum helping guides, you can read on https://bitcointalk.org/index.php?action=help for help.

I did not read all sticky threads but some of them.

Cadaver20 has a thread on all stick threads that are helpful for newbies like you said.
[Bitcointalk sticky threads] Newbies - read before starting. (https://bitcointalk.org/index.php?topic=5279088.0)

Learn basics about Bitcoin can be started with
Learnmeabitcoin.com (https://learnmeabitcoin.com/beginners/) for beginners. It has a page for advanced users too.
Basic Bitcoin information and resources (https://www.lopp.net/bitcoin-information).

And never get into crypto investing if someone randomly contacts you via whatsapp (so-called fake number) and slowly talks you into some kind of investment plan. Chances of losing your money are 100%.

One of big mistakes make by newbies is don't secure their accounts well or they customize their account profile settings and show their email addresses to the public.

I recommend don't do it.

Forum account: security, privacy, and recovery (https://bitcointalk.org/index.php?topic=5261696.0). Latest months, Power Glove built 2FA that was deployed by theymos and newbies must secure their accounts with 2FA too.
Crypto security: Passwords and Authentication (https://bitcointalk.org/index.php?topic=5297349.0)

Use strong password for their account and secure it more with 2FA.

Great to see your presence here and asking question to know more about things you wish to try.

You really need to consider a lot of things before starting since there's so many scams happening around. So its more better for you to know a lot of details about scams made by people also those to good to be true offers use as a bait so you will not fall from scams created by people who don't fight fair in life.

Things to avoid.

Ponzi schemes.
Meme coins hype.
phising site hacking
People who offer to trade for your self since majority of this is a scam.
p2p trade scammers
loan scam and many more.

That is few things to consider and for sure when you do further more research about crypto there would be a lot of important topics and suggestion you can bumped on so try to learn from it. Read those sticky thread which is suggested by other forum member since this is really helpful for newbies.

I actually meant all the sticky topics in the B&H board, although if something is "sticky" then it is important and worth reading regardless of which board it is in. If every beginner just came to the forum with the idea that maybe all the answers already exist and that they just need to read instead of asking questions, they would already show that they are ready for a new journey. There are of course exceptions, we should never generalize.

welcome to the forum.
are you a Bitcoin researcher? or are you just interested in Bitcoin? actually, you can share your knowledge here. but if you feel still not confident, you can read more. even if you are lucky what you are looking for may be here. if maybe not there after you search for it, you can create a thread like this to create an interesting discussion.

one thing I want to say, do not create a thread if you are not able to end it. meaning if you are satisfied with all the answers, then lock your thread. many beginners create threads and leave them. without even bothering to make a reply to their thread.

You can't learn those things you wanted if you don't dig up a lot of information online and there are many of this is available online or in bitcointalk.

But for sure you already got an idea about what you should avoid as a newbie.

Also will share this thread created by reputable individual of this platform here try to check this thread https://bitcointalk.org/index.php?topic=5500358.msg64230160#msg64230160 care to check this thread by @tranthidung many information's to learn there.

Doing well in the forum lies a lot on your purpose of joining the forum. If you're here to learn and grow your knowledge on Bitcoin and the blockchain technology that backs it up like you've said, you're in the right place and I'm certaim you won't be misled. Learning how to invest in Bitcoin doesn't take much technical process and just by knowing how Bitcoin volatility works  and getting details on how to invest such that your asset is protected from hackers and those with dark intentions as well as ensuring that you've secured your seed phrase, it's going to be a good foundation you will have to set first.

If you're interested in trading, then it will be best that in addition to whatever information you will be previledged to get from the forum that you attach yourself to someone close to you that's already in the system that can mentor you and walk you through the basics of trading do you don't risk too much as a beginner.

As regarding your stay in the forum, we're a family and as long as you're not breaking any rules that have been outlined and that a lot of people have already suggested that you go through them, you're certainly going to have a good time in the forum. Just avoid the use of AI and don't fake what's not the case. The rest of the guidelines have been pinned in most of the board that you can go through them. Don't be afraid to start, you will get to learn a lot of things as you progresses in the forum.

Avoid trading as a newbie, if you want to trade, learn and become experienced with Bitcoin and cryptocurrency before you would think of, trading is for professionals. Start with investment into Bitcoin and other cryptos with utility case if you would like to dive into the world of altcoins. Lastly, don't trust anyone with your funds such as keeping on centralized exchange platforms, it is liable of getting seized, hacked, go bankruptcy and whatever story that may come up in the crypto space when your coins are gone.

Take your time to learn, you will surely become experienced at some point if you give it your time. Welcome to the largest Bitcoin family.

1. Don't keep your coins on exchanges
2. Backup your wallets and seeds
3. Don't use Windows
4. Don't use PayPal
5. Read feedback, don't trust anyone
6. Don't open email attachments or downloads
7. Don't fall for get rich quick or High Yield investments/Ponzi Schemes

If you’re looking to start your journey on bitcoin it’s better you seek more knowledge about the cryptocurrency market and how it works generally. A lot of links have been provided for you to go through to serve as guidance through your process of learning. Firstly, make you you prioritize privacy and security because those are the two things that when left vulnerable you can lose everything you have owned in crypto. Focus more on investing in bitcoin rather than trading, learn the technology and take your first step of investment in bitcoin after learning the basics, because their guides are more important than owning the bitcoin itself.


Everyone here came to learn about bitcoin and cryptocurrency in general even though the forum was created for bitcoin discussion in specific. The cryptocurrency market is large so other sectors of it are all discussed here so that you’re not left out or not know the happenings around it. You can always ask questions, reply to comments where you can also share your view and understanding on a particular topic. You’ll become better with time, but it depends on your enthusiasm to learn.

You are welcome to the forum mate
 I want to assure you that all what you need to lean is here, you can click the link provided by some members above to understand some basic principle.  One more thing is that you must be creative and be reasonable. Dont use Ai bot to generate post otherwise you may be kicked out.

I think the best advice the op needs is not far from your reply.

It's actually a pleasure to have you among the world largest crypto community on the face of planet earth, and as such, the biggest mistakes you could make as a newbie on this forum are as follows;
1. To chase after Merit for account growth, while forgetting to provide value for forum discussion.

2. To post plagiarism content on the forum without proper referencing, as it's highly prohibited.

3. To think Bitcoin is a get rich quick scheme, because Bitcoin is literally not a get rich quick scheme, but rather an asset of value..

You are welcome mate a lot has already been said by other users of which am encouraging you to take a very good note of them as they are very important in helping you navigate the forum in the most efficient way. However, don't be discouraged for any reason, be very open to learn new things, you must willing in making reading your habit, make researches compared and contrast before making any conclusions, it is also very important to note that plagiarism is a high offense and it is highly prohibited, don't be in a hurry to be like other users that higher than you but take quality time to learn.

Do not enter the market when you are not ready yet. One should be financially, mentally, and emotionally ready before he will risk his time and money in the market, otherwise everything will end up a mess.

Also, do your own research so you won't rely to others for your decision making in the forum. Even following pros and legendaries in the forum won't guarantee your success in the forum and in the market, so always do your own extensive research.

Welcome mate, I stumble across numerous topics similar as this whereas learning is not difficult if only you’re willing to know more. Asking questions is important but the one fact I don’t joke with is safety, I don’t know the kind of knowledge your seeking for probably op might be referring to forum knowledge or bitcoin in general, situations when a newbie just buy bitcoin it’s like the best move anyone has done while learning, in this situation buying or learning first is a choice but practice makes perfect. Firstly where and how to store you coin is important like avoid storing your coin in an exchange basically you buy and sell only using and exchange nothing else and as time goes you get to read more from higher rank members about the forum and bitcoin.

One of the mistakes is not following the forum rules that may result in getting banned. Here's some advice for newbies, bitcoin is not what many people think that it is s get rich quick scheme type when it is not at all. There's this other mistakes that newbies might have done which is not keeping their seed phrase safe and sound, storing their funds in an exchange instead of storing their crypto in a non-custodial wallet. Newbies should be aware of the saying "NOT YOUR KEYS NOT YOUR COINS".

Researching is your friend. When someone tells you to invest in this and that coin, you don't believe them quickly but instead, you'll have to verify what they say or at least make your research and that's why we keep on telling people to DYOR. Because you won't be fooled by doing that and you don't have control over the markets and that's another reason for you to do it. Investing and trading isn't easy, you can do both but most of the people in the community chooses one and that's to be an investor because it's way easier and you don't have much pressure to take but that doesn't spare you from having one.

There are mistakes you can make in this forum, and mistakes you can make outside the forum, that is while trying to invest in bitcoins.
In the forum, the mistakes I have seen people make the most is plagiarism, and then trying to be someone they are not. That has gotten most newbies and even old members banned.

Outside the forum while you have started investing in bitcoins, you have to be careful not to make the mistake of making yourself available to scammers and cybercriminals through carelessness.

I would have said, having to create this thread but, on the note that you only created this thread a couple of days after your registration, it’s fair to assume you’ve gone through a couple of contents before deciding on putting out this one.

I’ll still reiterate that, you shouldn’t make this mistake of thinking that, creating more and more threads adds value to you or makes you valuable on the forum, nope.
The greatest hood you can do is to yourself and that would come in what you’re able to learn on here before what you can give out. I’m essence, read more and don’t make thread creation your first step towards any confusion.

Also, open yourself to be teachable and be ready to accept other people’s views, even when it doesn’t align with yours.

There is no end to learning and no age to learn. The more you try to know, the more you learn. Maybe you said here that you are an expert, I don't know if you are already in bitcoin forum. However, if you want to invest and trade in crypto, you need to be experienced enough. You cannot trade and invest with little experience. One of the mistakes you need to avoid especially to stay and grow in Bitcoin forums is don't scamming. If you can avoid the deception in you, you can live well and grow here. No one can get ahead by scamming bitcoin forums

One of the biggest mistake you should avoid as a newbie is quest for get rich quick. This is usually where the problem of most newbies start from because when the desire to be rich overnight overwhelms you, all you will think about are shortcuts to make it come to reality. Some of the possible things you will do include but not limited to investing in shitcoins, going into trading with poor knowledge and information and many others that end up hurting and frustrating you. As a newbie, spend more time learning about bitcoin and if you want to start investing, focus more in bitcoin and try to avoid trading for now.

You should read this topic to prevent mistakes while on this forum.
https://bitcointalk.org/index.php?topic=703657.msg7955645#msg7955645

Don't rush into investing without equipping yourself with thorough knowledge about Bitcoin and other crypto assets. Mistakes can be prevented, carelessness will cause great losses. Don't force yourself to do something without knowledge because the consequences will be detrimental to yourself.

Always avoid storing assets in custodial wallets because the risk is very high, recently the Crypto world has been shocked because one of the largest Exchanges in Indonesian was hacked which caused losses of up to $22 million. You need to be careful in Crypto investment, always store assets in non-custodial wallets because you have full control over their funds.

Source: https://x.com/SlowMist_Team/status/1833707952353812782/photo/1

Thank you for the wonderful advices.🙏

As you plan to invest, ensure you understand and prepare for volatility very well because this is another area some investors have issues with. The implication of not understanding bitcoin price volatility is that you will end up being so emotional during every price drop which may prompt you to sell at loss out of fear of losing out on everything.

In bitcoin investment, patience is indeed a virtue. It is very necessary that you understand your investment so you can differentiate between being patient for the right reasons and when you are wasting your time.

Welcome to the forum newbie, here you will learn alot from experienced investors and traders (I.e if you know why you are here). Go through the pinned posts, avoid plagiarism and most importantly avoid negative tags.

If you are already giving advice about the operating system, you should have given an alternative - a beginner will certainly not just understand that you are advising him about Linux or something else. However, in the context of cryptocurrencies, why would Windows OS be such a problem? I've been using the same one for a decade in combination with cryptocurrencies and no one has hacked me or anything like that...

As for PP, maybe you meant buying cryptocurrencies through that service, so although I don't know if that service works globally, I know that it is possible to send cryptocurrencies to a non-custodial wallet. So I don't see a difference in whether someone bought crypto through CEX or PP, maybe there are just differences in fees.

Hello also op welcome to this forum,,, and of course you are in the right place op yes now of course you can create topics and ask good questions and you can of course learn about crypto and investment here but what is clear is that you have to obey the rules that applies in this forum.

investing and being involved in the world of Crypto is not an easy thing because of course everything contains risks but by joining this forum of course it is the right decision because of course you can learn in this forum and you can see like in the trading discussion thread that you can there. discussing trading and investment, of course you can see threads which contain discussions about investment, but of course what is most widely discussed in this forum is long-term investment in BTC.

but honestly, I am very happy with those of you who have joined this forum and many of our friends here have answered your questions satisfactorily and of course this will definitely be very helpful for you and everyone.

keep learning op because by continuing to learn of course one day you will find success and of course don't give up and if you experience failure try to learn from experience and correct the mistakes you have made.

In my opinion, there are certainly many mistakes that a beginner should avoid, but according to my experience, one of them is that you should not invest in crypto or trade in crypto if you are using money that you are not ready to lose. because investing and trading in crypto carries big risks and the prices are always fluctuating.

If you want to learn about trading and investing then I suggest you to read posts in speculation board and trading discussion board as those boards have enough material that may help you with your trading and investing journey.

However, if you want to learn in-depth about Bitcoin then you may also visit Bitcoin discussion board where you'll find enough posts to learn about Bitcoin and technology behind it.

"What are the biggest mistakes I should avoid as a newbie"?

There are no main mistakes, but there are many (typical) mistakes that beginners make. Each of these mistakes can harm you and therefore, you should avoid all of them (any of them). To do this, you need to have information, that is, learn and master new knowledge that will allow you to avoid mistakes. There is enough useful information here on the forum. Educate yourself.

It is good to always check the comments been made by other members in your thread, it is really helpful because this forum members are always willing to help by providing possible solutions to your questions and this will help you to ask further questions and interact with others to get the right answers you deserve.

This forum is an important forum for Bitcoin and crypto related discussions, you can get all the guidelines you will need relating to crypto and Bitcoin so as to avoid making mistakes while making transactions and also you will learn how to trade and also how to invest in Bitcoin using suitable methods like DCA.

One of the biggest mistake of a newbie is when you're too gullible believing that someone you think is higher than you and everything they say is right.
So, in investing, you still have a say about that and you need to scrutinize those tips that you'll hear from different people and you don't have to believe them immediately.
You have your own thoughts and you can identify those tips to you if they're good or not. But don't you buy them as soon as you have just heard or read it from anybody.

Know that every newbie has limitless opportunities. But for you to achieve that, one must start with thorough studies and extensive research about investing, trading, or even mining if you wish to, and lastly how to stay significant in the forum and become a reputable member. My only advice is, never jump into something risky that you are not well-prepared. You will only get frustrated in the end and eventually lost all your money and time for just a wrong decision making.

Now many beginners do that so they will just feel stressed, like trading in Futures which looks easy but is actually a very risky trade.
Losing all their money in an instant and stressing beginners out.

Careful preparation and some basic knowledge need to be learned, don't just apply the feeling system, it won't help anything.
It took me a long time myself to learn what crypto is and how it works.

Hmm, that's pretty interesting!
First of all I am warmly welcome to you for being a new here. After that I will elaborate on your question.
 
The biggest mistake you should avoid as a newbie regarding through the forum is that "don't go against the rules and regulations". It so simple If you follow the rules, no problem can arise for you, but if you cross the rules even a little, there is no place for you here. Especially regarding posting. I have often seen newbies use AI. And they understand that no one knows here on the forum, despite this being not the case, here every step of yours is looked at by a senior, if you are taking the wrong step, then you can be kicked out from here. So be careful

Learning they say never ends, from day one to the last day you just have to keep learning, that's the only way you may be able to avoid certain mistakes and Also be able to rank up when your contributions are becoming very valuable to the forum, even some persons who have ranked up to the legendary level, they still learn at some point, you have something to learn from them and so do they have something to learn from you, you can be sure that with time you will get to know much better about Bitcoin and it's dynamics so you see opportunities around it and probably make as much as you can off it.

You want me to be honest with you? Please don't plagiarized or claim ownership of something you didn't do or write. There are many newbies turn legendary that went from grass to grace and by that I mean account that rank up from newbies after understanding everything about the forum, got all the merit needed only for the account to be ban and you know what happened, they plagiarized when they were newbie without knowing the repercussion only to be investigated about something that happen years back. So don't start on that foot track.

If you want to enjoy this forum, I will advice you to join your local board. You will understand them and perhaps communicate better in the Forum and outside the forum and I'm sure they are going to share you things that are not discussed frequently here and please make sure you are just you, there is no need to suck anyone toe to get anything, the forum is grown by merit, you can get it from anywhere within the forum.

Well from my little experience I think the biggest mistake you can make is actually being in a rush to actually invest on a coin just because of the actual hype of that coin and this is what many newbie have continued to make even with so much warning out. I think there is should be proper evaluation of whatever coin you would think of buying because there are lots of shitcoin out there in the market that is ready to swallow your money.

Here are some mistakes to avoid as a beginner,
1: Make sure you obey all the rules in this community, once you make up your mind to obey all the rules in this community, I think you will be able to grow to achieve your purpose in this community.
2: No matter what ,try to avoid anything that will make you not to learn bitcoin and crypto because once you have the knowledge and skills of decentralized currency, it will be easy for you to contribute positive things in this community, and people in this community will use your quality post to encourage you with merits which you cannot buy from this community or anywhere but you can earn it through your quality post.

Finally! Someone advised people not to use Windows, there are many people telling beginners to download a crypto wallet on their Windows PC, I will never tell a newbie to do such because they are not living under my roof, it is easier to break things using a windows PC, how many warnings can newbies keep up with? Don't click on suspicious links? Can they even tell the difference? I don't think so.

The best advice is beginners need open source wallet on their phones as hot wallet, they should learn how to transact using mobile wallets because they are less safer than running wallets on a windows PC, yet the safest crypto wallet for a newbie is open source hardware wallet.

Every beginner must not be lazy to do some diggings on everything Crypto before taking any steps, the truth is mistakes are very common in the crypto space, and dangers are waiting in every corner you can turn to, if you don't seek for answers first you will fall into the wrong hands.

Welcome and nice to have you around and be rest assured that you will find everything that you are looking for here as long as knowledge is concerned a d since you are interested in Bitcoin investment, you should read a few threads around the economy or the speculations board there you can fine I good number of threads that you help you to build a good knowledge and skills that will support your Bitcoin investment progress.


Another thing you should know is that, Bitcoin investment need patient and timing to make anything out of it and for that, I will advice you to pay all necessary attention to the timing you need to invest in Bitcoin and how long you will be waiting for your Bitcoin investment to build some form of profits along the line, making sure to take the right action at the right time, because that is what will position you in the right direction and stand to gain from your Bitcoin investment.