Good day newbies!
Here are some tips that can make your stay in this forum worthwhile.
Day 1
Read all essential information before posting which you can find in here https://bitcointalk.org/index.php?topic=1689727.0 In this thread you will find the basic rules and regulations in this forum.
You will also learn the rankings and number of activities and merits needed for you to rank up.
This is the most important thread that a newbie should read for you not to get any sanctions
and for you to know as well what are the limitations for each rank levels.
If you don't have any bitcoin or crypto wallet then you can just check it in here https://bitcointalk.org/index.php?topic=1631151.0 In this thread you will know the types and kinds of crypto wallets.
You will be able to choose what are the most secure wallets and the best that suits you.
You should secure your investments so that your efforts and money won't go down the drain.
If you are really eager to learn the whereabouts in this forum this will only take you 1-2 hours.
Always remember that everything is a process so be patient. There is no shortcuts to success.
Learning is a process and its more fun if you're interested to learn new things.
Day 2 onwards
This is the moment that we've all been waiting for and the reason why we are here in this forum.
We need to learn how this technology works and how to earn them.
You can check this link for all of the terminologies about this technology and its meaning.
https://blockchainhub.net/blockchain-glossary/ How to earn bitcoin a. You can mine your own bitcoins
Mininng bitcoin involves a lot of investments and consumes so much power. You can't mine bitcoin with your laptop and desktop.
There are some things that you need to consider before mining.
aa. Hashrate
Hash Rate is the speed at which a computer is completing an operation in the Bitcoin code.
A higher hash rate is better when mining as it increases your opportunity of finding the next block and receiving the reward.
ab. Electricity
Mining bitcoins costs a lot of power and electric power has different costs depending on where you live,
for instance, the U.S. the average people pay is roughly 12 cents per kilowatt-hour.
In other areas around the world, electricity is cheaper particularly in regions like China, and India.
ac. Device Cost
Depending on performance and if the device is new or used, mining rigs will cost you around US$500 to $2,000.
ad. Time and Maintenance
Since you want more profit and early ROI, your mining rigs should be running 24/7
and you there will be some malfunctions of the device and the fans for cooling system.
You need to check it every now and then to avoid further damage of your rig.
Read more details in here.
https://news.bitcoin.com/things-consider-starting-bitcoin-mining-operation/ b. You can work for bitcoins or any other crypto
You can check in here for some jobs and work to be done depending on your skillset.
As a newbie you can't participate yet in signature campaigns but there are some taks that even newbies in this forum can do.
You can browse for certain tasks and skills that people are looking for in exchange for bitcoin payment in here
https://bitcointalk.org/index.php?board=52.0.
c. Offer or sell something for bitcoins or any other crypto
If you want to sell something in exchange to crypto you can auction an item in here
https://bitcointalk.org/index.php?board=73.0.
You need to becareful when dealing with strangers. There are lots of scammers when it comes to online transactions
so you better check if the person you are dealing with is trusted or a high rank member or even just pay for an escrow for safer transactions.
d. Gambling and casino games
I personally won't recommed this but there are some newbies who are so lucky when it comes to gambling.
Others even earned their very first coin gambling with few bucks.
You can check the gambling section
https://bitcointalk.org/index.php?board=56.0 for provably fair online casinos.
Gambling is very addictive so better not involve yourself if you have addiction problems.
e. Use various bitcoin faucets
Almost every crypto enthusiasts should try out faucets. It wouldn't make you rich but if you do have some spare time
you earn few cents from those faucets and climb your way up over time. You check in here the list of legitimate faucets that actually pays.
https://bitcointalk.org/index.php?topic=2123954.0 f. Boost your trading skills
For me trading is one of the best ways to earn bitcoin. You must be fully equipped with knowledge and skill
before you engage yourself with trading in crypto. You can potentially lose everything with just a single blunder.
You can check these links before you start trading.
https://www.tradingheroes.com/cryptocurrency-trading-guide-beginners/#Risks_of_Cryptocurrency_Trading/Investing https://cryptocurrencyfacts.com/how-to-trade-cryptocurrency-for-beginners/As you gain so much knowledge with the use of this forum always remember to pay it forward as well to newbies that will come into the forum by sharing your 2 cents of everything that you've learned. It's not the rank or merits that really matters to earn bitcoin and profit from this forum but the real gem or wealth is the
free knowledge that we can obtain by reading and patiently putting into action one step at a time. Knowledge is power so we should take advantage and be hungry to learn new things and innovations that this forum can offer.
WOW, you are amazing me , even as a old member in this forum , I still can not get so nice summary . Hopes you can keep up and help more and more people in here . Good job !
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tnx
