What is your Advice for a new Bitcoiner?

[sukamasoto]

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 the price is cheap enough. Recently the bitcoin value keep stable so you need more time if you're looking for cheaper price
2. Depend on how much profit do you want to. Usually, most people will sell it if bitcoin value increase 2x
3. Why would waste your time if there're many ways to get bitcoin faster ?
4. By working with people and get paid for signature ( designing, coding ,etc )
5. Not profitable enough IMO

[thinkinger]

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

make your money two parts.buy btc with two parts.stay in btc for 1-12 months, with the second part you can trade.if you have time and nothing else to do than you can try faucets.stay away of cloud mining until you have full knowledge.stay away from gambling. and try to have a signature campaign.

[maokoto]

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

Something I have learned with investments: most are scams, but others work for a while. So try some of them with small amounts (0.001 or less if you are allowed), see if they stand, and progressively add a little more. Then keep in mind that they probably will go away, and try to ROI as fast as possible (don't be greedy) and play only with the profits.

[Laosai]

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

Here's my answer to your questions respectively (just my opinion):
1. Buy bitcoin when the price is still low (maybe $200 below)
2. Hold it until the price of each bitcoin will reach $1000+
3. Time wasting bitcoin earning methods? None can beat faucets.
4. Exchange your fiat to BTC or you can offer some services that you can do in exchange of BTC.
5. No idea, never tried it since I think its not profitable enough

[neonshium]

You can not ignore all the faucets just like time wasting only. Choose a good faucets which pay either higher amount once or small amount in more frequently. So, faucets also a good earning sources if we choose right ones.

[Hellacopter]

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.you can start collect and buy as much Bitcoin as you can
2.You need to control the market daily or weekly at least
3.ponzi schemes and scammers sites, take care and don't invest there
4.Mining, trading, selling goods and services for bitcoin
5.You can check the mining space on the forum there is lot of opportunities and methods

I hope this can help you.

[Hazir]

I would be wary about using bitcoin as only investment method and source of your retirement money.
Bitcoin is unstable, we don't know what will happen in 10 year, as far as I can tell there could be total bitcoin ban and then some government coin will take over bitcoin place.

[troleybüs]

I would be wary about using bitcoin as only investment method and source of your retirement money.
Bitcoin is unstable, we don't know what will happen in 10 year, as far as I can tell there could be total bitcoin ban and then some government coin will take over bitcoin place.

Governments can't do shit to Bitcoin. Just like they tried to censor internet and failed so hard. Price would be unstable, but I'll take that risk. It's better to invest in Bitcoin than shares in stock markets for long-term.

[nonbody]

in terms of making more btc from your current you have 3 options: either you go all in on one investment and hope for the best, or diversify or just hold. i myself diversify as i dont have the patience nor the capital to hold btc for a few months 

[neonshium]

I would be wary about using bitcoin as only investment method and source of your retirement money.
Bitcoin is unstable, we don't know what will happen in 10 year, as far as I can tell there could be total bitcoin ban and then some government coin will take over bitcoin place.

Governments can't do shit to Bitcoin. Just like they tried to censor internet and failed so hard. Price would be unstable, but I'll take that risk. It's better to invest in Bitcoin than shares in stock markets for long-term.

Yes no government can not ban internet not bitcoin. These are the good example and associated things of decentralized environment. Bitcoin find a price stabilization over time. But we can see a over all growth in price of bitcoin. History will repeats itself. So, believe in bitcoin.

[CanIHazBitcoin777]

in terms of making more btc from your current you have 3 options: either you go all in on one investment and hope for the best, or diversify or just hold. i myself diversify as i dont have the patience nor the capital to hold btc for a few months 

I`d go allin but i have other investments too, i mean i used to invest in estate but not anymore, now i`m in trading quick instruments.

[VirosaGITS]

in terms of making more btc from your current you have 3 options: either you go all in on one investment and hope for the best, or diversify or just hold. i myself diversify as i dont have the patience nor the capital to hold btc for a few months 

I`d go allin but i have other investments too, i mean i used to invest in estate but not anymore, now i`m in trading quick instruments.

I don't think buying BTC and holding is a good investment right now, i think investing to multiply your BTC is a better idea right now. Sure maybe the BTC will have skyrocketed by 2025 or 2035, which is all good, but i think we're still in the mining phase and as thus we should be getting all the BTC we can.

And that mean reinvesting wisely.

[avatar_kiyoshi]

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. Buy bitcoin before halving time.
2. Depends on the rate you want.
3. Faucet, HYIP, MLM, and investment based on ponzi scheme, that's waste your time and waste your money too.
4. https://bitcointalk.org/index.php?topic=985550.0
5. You should buy a hardware miner, with difficult always increased you need more hash and free electric bills.

[n2004al]

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. You can buy bitcoins securely at https://www.virwox.com/index.php
2. You, according to me, must hold bitcoins at least 5-10 years if you want very good return or good use of those.
3. Depends from your choices you will do and from time you have in disposition for earning bitcoin.
4. The best way to earn bitcoin is to join one signature campaign. But first you must be very active in bitcointalk in order that increase your rank. More higher the rank more bitcoin you earn.
5. I don't advice to mine. Very high the doubt of profit from the mining.

[swscowods]

From my own experience I have wasted my initial time and bitcoins with some HYIP and some doubling programs.
A new bitcoiner should believe in time to make bitcoin slow and steadily. If you want quick bitcoin then you may end up in vain of your efforts.

[zzaza]

From my own experience I have wasted my initial time and bitcoins with some HYIP and some doubling programs.
A new bitcoiner should believe in time to make bitcoin slow and steadily. If you want quick bitcoin then you may end up in vain of your efforts.

I did the same mistake when i was newbie in BTC world, the high profits made me blind, and wanted to get btc quickly. And of course i lost it quickly... I wont make the same mistakes again...

[ricardobs]

From my own experience I have wasted my initial time and bitcoins with some HYIP and some doubling programs.
A new bitcoiner should believe in time to make bitcoin slow and steadily. If you want quick bitcoin then you may end up in vain of your efforts.

I did the same mistake when i was newbie in BTC world, the high profits made me blind, and wanted to get btc quickly. And of course i lost it quickly... I wont make the same mistakes again...

So working in faucets is waste of effort and time?
I do not think like that. But many people do not like the earnings from faucets. we must be wise in choosing faucets. May be after some time I too may hate faucet earnings.

[Betwrong]

From my own experience I have wasted my initial time and bitcoins with some HYIP and some doubling programs.
A new bitcoiner should believe in time to make bitcoin slow and steadily. If you want quick bitcoin then you may end up in vain of your efforts.

I did the same mistake when i was newbie in BTC world, the high profits made me blind, and wanted to get btc quickly. And of course i lost it quickly... I wont make the same mistakes again...

So working in faucets is waste of effort and time?
I do not think like that. But many people do not like the earnings from faucets. we must be wise in choosing faucets. May be after some time I too may hate faucet earnings.

I'd say YES, absolutely! Here's my experience with faucets(that was more than a year ago): I spent 3 months doing faucets 2-3 hrs a day. What did I earn after that exhausting work? The answer is less then 0.1. So it's up to you. If you think it's worth it then go for it, but I'm done with faucets.

[silverleafy]

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

OK, here are my recommendations:

1. Buy bitcoin now. This year is the best time to buy bitcoin. If you get it below the $270, it's going to be good.
2. It depends, though, assuming you buy today, I suggest you hold until april or may 2016. Sometime during 2016, before July, because there will probably be a spike a few months before then.
3. Faucets. They are fractions of pennies. HYIPs scams (or programs where they say they'll give you a large percentage back for your "investment").
4. Bitcoin services. Find something that the bitcoin environment is lacking, and try to make it better. If you have lots of money you're willing to invest (AKA: are comfortable losing, like any investment), you can try to start mining.
5. For mining, you need a large amount of electricity, maybe some cooling. And a lot of investment capital. You need to be completely serious about mining if you want to start (profitably) mining.

[jacee]

1. When to buy bitcoin: Always take note of the current price and the bullish and bearish thread of the bitcoin price. f you can fully understand that then you will know in yourself when is the good time to buy some coins.

2. How long we need to hold bitcoin: As long as you can. You can hold your bitcoins as long as you think it will be profitable for you. Also take note of the price because if you see the price trend is starting to fall, that is a best time to let go. ( there is no such thing as forever LOL )

3. Time wasting bitcoin earning methods: Avoid faucets if you can. It's a waste of time, some beginners take this fauceting as the primary source of their bitcoins, well guess what? it's not profitable and it's a big waste of time. If you want to have big amount of coins, get ready to invest some money in your wallet and buy your first coin. There is a lot you can do to grow that.

4. Best bitcoin making methods: Invest your money and buy your bitcoins. Store it for a long time and you will get profit from it. Mae use of your skills/knowledge there are some jobs available in here that pays you in bitcoins. You can also do signature campaigns, it's good for beginners if you can't invest your own money to buy bitcoins, you can easily get some from it, you can get some coins while you learn your way here in the forum. ( just be sure to follow the forum rules and don't even try to spam). Also trading and forex can give you some profit (don't try this if you don't know how this thing work).

5. Mining opportunities etc : as for mining, I can't tell much because as I am still new to this bitcoin thing, I never tried mining before because it's not profitable here in mycountry plus I don's have the equipments to start so I'll leave it to the expert to suggest you some mining opportunities.

BTw, welcome to the cryptoworld.

regards,

 jacee