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1  Bitcoin / Bitcoin Discussion / Re: If you could give "past you" advice what would it be?? on: August 19, 2017, 02:22:30 AM
Ehh.. alot of things. Painful to think of actually, know that starting a year later in cryptocurrency would be a huge huge deal in terms of possible gains.
  • Don't base your opinions on reddit,bitcointalk,facebook posts. Research everything.
  • Don't be lazy and read the fookin whitepaper.
  • Don't be too impatient and use market trades. Wait the prices out a bit.
  • DONT GO ALL IN ON ONE CRYPTOCURRENCY

Those are just some. Thinking of all my mistakes is pretty much like slapping myself in the face. Well atleast I've learned from them already.   *maybe*
I think about this sometimes. Here is the thing. I had an opportunity to buy 5.000 bitcoins  for 0.01 USD each, so that would cost me only 50 USD back then. Me and my friend discussed about bitcoins then and we were "too smart" and realized all the potential problems and stuff bitcoin will have to deal with like scalability issues and few others. So we were so smart and decided it won't work and I simply decided not to spend my money on it. From that point further I completely stopped reading forums and articles about bitcoin, simply forgot it. Until few years later I spotted news on the radio that bitcoin reached 1000 USD...

So yeah I still joke about this how I missed great opportunity to be a millionaire today. So my advice to past me would be of course buy those bitcoins at that moment. But the second advice would be more important. Dont stop reading forum posts, dont stop watching how project evolves and put more energy and effort in understanding the tech behind it, dont judge too fast...

First advice would make me buy bitcoins at almost best price possible. The second one would probably help me not to sell them when they reached 1 USD LOL ... Bcause that was my initial plan before i changed my mind alltogether... To sell them at 1 USD if somehow they ever reach that point (my words exactly, from past)

Just my 2 cents
Aside from buy "x" coin, i wish i could advice "past me" not to invest in ponzi game, do more research about bitcoin/blockchain and never trust centralized wallet.
My advice to you would be "Daniel-san, never keep your money on BitCoin exchange, always put it all back in the wallets".. Because of mtgox, btc-e and many others who went down and destroyed peoples finances.  Grin

Thanks for the tips guys, really appreciate it.
It seems LOTS of research and moving your coins to personal wallets are 2 of the most important keys to being successful.
2  Bitcoin / Bitcoin Discussion / If you could give "past you" advice what would it be?? on: August 18, 2017, 01:27:49 PM
If you could travel back in time and give yourself advice what would it be?

I don't mean things like buy "x" coin and sell when it reaches "x" dollars, but more general advice on how to trade in cryptos effectively.
I'm still new to trading and don't know the best way to fast-track my learning.
For example:
- read every thread you can on here and other crypto forums?
- trade small amounts in alt-coins to get a feel for the way things work?
- read every white paper you can and invest in every ICO that has merit?
- just study charts all day to the point you see them in your sleep?
etc.

Unfortunately due to my job I don't get a lot of spare time so I was just wondering what other people opinions were on how to make the most of your time.
3  Other / Beginners & Help / Re: This post is for those that think they missed the boat on: August 16, 2017, 02:27:32 PM
Thanks for the pep-talk, and you are right. I think I had the same view as most people over the last few years ie. "wow bitcoin is a dollar now, surely it won't go higher" to "wow bitcoin is $100 now, surely it has hit it's peak" etc.
So thanks for the encouragement, it really does help considering I've been a bit down on myself for not getting into BTC earlier.
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