MOST COMMON MISTAKES OF A NEWBIE

[katiecbell]

For newbies dont waste time with faucets and cloud mining

Also be careful  with ponzi investment schemes

[elobizph]

some newbies are so greedy to lend a bitcoin in lending section and want to trade with paypal to bitcoin in currency exchange section.

[Thoth-]

Don't buy anything or listen to anyone

all small shit coins are exactly that.

Stick to quality coins that are at least a year old with active devs with plans for future
and implementation of past plans (slight delays are not the end of the world)

An active thread with a god community.
Low mintage & no preimine is also a good kicker,

ETH might look good but they can keep raising the mintage as many times as they please.

some coins fitting the good bill currently are WBB, TX, DASH maybe Verge?

Buy them on a dip and hold them for 6 -8 months, Get active in the community.

If a big high comes sell for sure

but getting caught in the scam coin cycle is biggest noob mistake,

Patience & research makes you $$$$

[Oralmat]

I think the most common probelm with NEwbie is the lack of knowlegden chosing the wallets, investmnet schemes, gambling site etc

[Capitascism]

Many new members coming here to earn money quickly and without any effort, so when they don't succeed the abandoning bitcoin forever, and this is mistake. Don't involve yourself in bitcoin because of money, at least you must know what are you doing.

[darkmagician]

I think the most common probelm with NEwbie is the lack of knowlegden chosing the wallets, investmnet schemes, gambling site etc

i agree with you, thats the common mistakes that only newbie can do,, i dont know if theres a high rank here that do this kind of mistakes done by newbies.

[streazight]

Majority of newbies are involved in gambling as they want to multiply their coins in quick time and end up loosing as they have no experience 

[Smedia.Club]

try not to buy alt-coins with your hard earned money before doing due diligence.
I learned this the hard way, I hope you don't make the same mistake.

[shanem]

try not to buy alt-coins with your hard earned money before doing due diligence.
I learned this the hard way, I hope you don't make the same mistake.

Don't buy alt-coins because someone in the forum tells you it is the next bitcoin. You will always buy at the peak if you listen to people for their 'advice'.
You should do a research on the altcoin before you are buying. It is your own money you are investing and not theirs.

[Oralmat]

Newbie should read the rules carefully on this forum.

[Amph]

Majority of newbies are involved in gambling as they want to multiply their coins in quick time and end up loosing as they have no experience  

Experience? Even the most experienced gambler will lose all of her money eventually.

experience user in a non-pure gambling scenario are able to maintain a +ev profile for a long term and never get broken, just take a look at phil in poker or any other big player that have accumulated a fortune

[JesusHadAegis]

Majority of newbies are involved in gambling as they want to multiply their coins in quick time and end up loosing as they have no experience 

Experience? Even the most experienced gambler will lose all of her money eventually.

experience user in a non-pure gambling scenario are able to maintain a +ev profile for a long term and never get broken, just take a look at phil in poker or any other big player that have accumulated a fortune

Dice gambling or other kinds of luck gambles is only strategies by constant observing and individual styles. But in sports its more likely you can win most of the time because if you know your team. Know their own styles and comfort zones. And that is better than just hoping on some pure luck.

[safari88]

Majority of newbies are involved in gambling as they want to multiply their coins in quick time and end up loosing as they have no experience 

Experience? Even the most experienced gambler will lose all of her money eventually.

experience user in a non-pure gambling scenario are able to maintain a +ev profile for a long term and never get broken, just take a look at phil in poker or any other big player that have accumulated a fortune

Dice gambling or other kinds of luck gambles is only strategies by constant observing and individual styles. But in sports its more likely you can win most of the time because if you know your team. Know their own styles and comfort zones. And that is better than just hoping on some pure luck.

yes sports betting entirely depends on your strategy, if you have knowledge of the team. I believe it could make a chance to win a greater.

[Capitascism]

Today i have learned that not only newbie falling on false stories..People must educate themselves. Don't believe to false prophets, don't listen mainstream media's hungry for news, no matter if they are good or bad or false. News are sold for good money.

[tabas]

For newbies dont waste time with faucets and cloud mining

For me, it's not a waste of time if they are into faucets. They can still get profit from it specially when they have many referrals to it.
Cloud mining I would say, yes. This is just a waste of time for newbies and lack of knowledge into it.

[silentkiller]

like what they said learn from your mistakes, so that you will never do it again.
if youre a newbie and commit a mistake well i think its alright.everybody commits a mistake on thier first time

[tabas]

like what they said learn from your mistakes, so that you will never do it again.
if youre a newbie and commit a mistake well i think its alright.everybody commits a mistake on thier first time

Just like me , I learned from my mistake. And it is a common mistake for newbies that they are thinking that they can get big profit from investing to ponzi's.
I learned my lesson there that all ponzi's we're just scam. So, when it happened to me, I didn't try to invest there again.

[silentkiller]

like what they said learn from your mistakes, so that you will never do it again.
if youre a newbie and commit a mistake well i think its alright.everybody commits a mistake on thier first time

Just like me , I learned from my mistake. And it is a common mistake for newbies that they are thinking that they can get big profit from investing to ponzi's.
I learned my lesson there that all ponzi's we're just scam. So, when it happened to me, I didn't try to invest there again.

ive never tried joining on those ponzis. cause im not a risk taker,
im happy earning on games and apps on playstore that gives btc, and especially on sig campaigns

[tabas]

like what they said learn from your mistakes, so that you will never do it again.
if youre a newbie and commit a mistake well i think its alright.everybody commits a mistake on thier first time

Just like me , I learned from my mistake. And it is a common mistake for newbies that they are thinking that they can get big profit from investing to ponzi's.
I learned my lesson there that all ponzi's we're just scam. So, when it happened to me, I didn't try to invest there again.

ive never tried joining on those ponzis. cause im not a risk taker,
im happy earning on games and apps on playstore that gives btc, and especially on sig campaigns

That's good to know that you didn't became a victim of those scamming schemes.
Wow, could you send me the details of how to earn btc by just playing games and using apps on playstore?
I think that is also a common mistake of newbie, that they don't know that there are games that pay when you play them.

[romero121]

With huge amount in hand trying to make money through trading, but due to the low experience level and as a beginner earns less profit compared to an experienced person doing trade with same amount.