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Author Topic: What is your Advice for a new Bitcoiner?  (Read 3227 times)
Herbert2020
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October 09, 2015, 04:51:43 AM
 #41

the best advice that i can give you is not to trust any sort of offer that is too good to be true. the number of scams that happen with bitcoin is big because of anonymity and the fact that bitcoin transactions are irreversible.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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October 09, 2015, 07:16:40 AM
 #42

in terms of profit, signature is at first spot(but you need more than one accound for serious earning), then mining with very cheap electricty and cloud with cheap maintanance and then pos coins, the one with the highest rate

all the other can give to you a nice pile of dust, or it come with a very high risk, like trading or gambling
CanIHazBitcoin777
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October 09, 2015, 07:21:04 AM
 #43

in terms of profit, signature is at first spot(but you need more than one accound for serious earning), then mining with very cheap electricty and cloud with cheap maintanance and then pos coins, the one with the highest rate

all the other can give to you a nice pile of dust, or it come with a very high risk, like trading or gambling
You are really the legend of signature campaigns, so many posts, i bet you earned like 10 bitcoin from it.

Really nice advice from a pro like you!
harizen
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October 09, 2015, 01:16:32 PM
 #44

There are many advices here given with our fellow forum mate. Hope newbies will read all of them.

My advice is simple.

First, talk to yourself if you are really want to enter the world of bitcoin.

Second, you are not the type of person that wants a fast earning method without doing nothing.

And lastly, make reading here in bitcointalk forum a daily habit.

Goodluck. Smiley

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harizen
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October 09, 2015, 02:00:55 PM
 #45

the best advice that i can give you is not to trust any sort of offer that is too good to be true. the number of scams that happen with bitcoin is big because of anonymity and the fact that bitcoin transactions are irreversible.

Yes, preventing any type of scam will not be covered by anybody's advice. because scammer will come out with new ideas.

If that person will just easily fall out with that "new ideas" by scammer then he or she is totally a dumb. So it really advisable to get some people advice. Althought it can't covered the whole him/her still it is a big help to avoid that scenario in the future.

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October 09, 2015, 03:01:36 PM
 #46

in terms of profit, signature is at first spot(but you need more than one accound for serious earning), then mining with very cheap electricty and cloud with cheap maintanance and then pos coins, the one with the highest rate

all the other can give to you a nice pile of dust, or it come with a very high risk, like trading or gambling
You are really the legend of signature campaigns, so many posts, i bet you earned like 10 bitcoin from it.

Really nice advice from a pro like you!

i think they were more than 10 if we count other signature in where i partecipated  Grin, and this only by using my main account, i never cheated with signature

the good thing about signature is that it force you to learn soemthing, by posting

but i still think that if you have good electricity mining is the way, less time consuming, and you are free to do other stuff in RL
scon1982
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October 09, 2015, 03:49:49 PM
 #47

in terms of profit, signature is at first spot(but you need more than one accound for serious earning), then mining with very cheap electricty and cloud with cheap maintanance and then pos coins, the one with the highest rate

all the other can give to you a nice pile of dust, or it come with a very high risk, like trading or gambling
You are really the legend of signature campaigns, so many posts, i bet you earned like 10 bitcoin from it.

Really nice advice from a pro like you!

i think they were more than 10 if we count other signature in where i partecipated  Grin, and this only by using my main account, i never cheated with signature

the good thing about signature is that it force you to learn soemthing, by posting

but i still think that if you have good electricity mining is the way, less time consuming, and you are free to do other stuff in RL

Yes by using this forum people are learning bitcoin as well as earning bitcoin. I have been looking for such an opportunity. But wasted time in faucet earning more than a year.
CanIHazBitcoin777
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October 09, 2015, 05:42:46 PM
 #48


Yes by using this forum people are learning bitcoin as well as earning bitcoin. I have been looking for such an opportunity. But wasted time in faucet earning more than a year.

No problem, you still earned and learned.

Now start with the signature campaigns, you will make good money that way and start exploring bitcoin.

Then you can trade altcoins too, to multiply the earnings.
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October 11, 2015, 12:42:31 AM
 #49

Hold bitcoin for as long as you can. All I have to say. Dont be tempted to gamble to increase your bitcoin.
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October 11, 2015, 12:44:30 AM
 #50

Hold bitcoin for as long as you can. All I have to say. Dont be tempted to gamble to increase your bitcoin.

You can make good profit with mining too if you have cheap electricity. Earning more BTC is better on the long term than just holding the same value for years. Doubling your BTC per year should be doable and a good target if you want to retire with BTC later on. Assuming BTC get mainstream adoption.


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MWesterweele
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June 06, 2016, 07:10:50 AM
 #51

First  the right time to buy bitcoins is when the bitcoins price is cheaper than it's average price of 570$ now.It is up to you how long you'll gonna hold yor bitcoins but for me hold bitcoin untill next halving at 2020 if bitcoin is still alive that year well its price is approximately around 800-1000$ in that dates and year.There is no time wasting on bitcoin as long as you will profit

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wintermeasures
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June 06, 2016, 10:14:47 AM
 #52

I'm new here.
I want to save bitcoin for my future or for my retirement. I strongly believe the next financial revolution must be based on bitcoin.
I just wanted to get your ideas and advice for a new bitcoin user to avoid any kind of issue usually a new bitcoin user faces....like
1. When to buy bitcoin
2. How long we need to hold bitcoin
3. Time wasting bitcoin earning methods
4. Best bitcoin making methods
5. Mining opportunities etc

1. When to buy bitcoin?of course buying when the price goes down with it you will be able to get a lot of bitcoin
2. How long we need to hold bitcoin? I think it could for as long as you want, depending on your decisions and analysis.
3. Time wasting bitcoin earning methods? it could be 24 hours a day, my suggestion to use bitcoin just for extra income. and intervenes real life working with it you only an'll spend free time with bitcoin
4. Best bitcoin making methods? I think with mining and trading. besides it was just a joke fraudsters(HYIP,etc)
5. Mining opportunities etc? i dont have idea about this questions Smiley
thank you
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June 06, 2016, 12:11:00 PM
 #53

I'm new here.
I want to save bitcoin for my future or for my retirement. I strongly believe the next financial revolution must be based on bitcoin.
I just wanted to get your ideas and advice for a new bitcoin user to avoid any kind of issue usually a new bitcoin user faces....like
1. When to buy bitcoin
2. How long we need to hold bitcoin
3. Time wasting bitcoin earning methods
4. Best bitcoin making methods
5. Mining opportunities etc

1. it is difficult to determine when you should buy, at least you should monitor price movements, when the fall was the right time to buy.
2. it all depends on the price and at what price you bought it.
3. only faucet
4. trading altcoins/bitcoin and signature campaign
5. mining altcoins
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June 06, 2016, 11:03:54 PM
 #54

My advice is to take all advice with a grain of salt.  While some people here genuinely want to help you, most want to make money off of you and are not afraid to go about it in a malicious way.
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