MOST COMMON MISTAKES OF A NEWBIE

[JasonXG]

Watch out for scams !! They plentiful. If its too good to believe then it's certainly going to turn out to be a scam. And noone can really help you on yobit, you not being so clear do you mean trading? Or gambling ? Oh and careful of gambling. Good luck friend welcome to the world of crypto currency.

[Nybbas]

This place is great for learning and for earning money if you are smart. But if you believe to everyone sooner or later you'll be sorry. Some members are here only for conducting scams if possible. Alts are full !

[DomMic]

I think its sending BTC and then asking for exchange immediately when u dont know what confirmation is

[notlist3d]

Most common mistake is clicking on every link they can find,
i believe i was fooled this way few times but thanks god my btcs were secured.

Also to add to this is the e-books that sometimes are posted on this site.  I would not touch them for anything.  There is always a reason someone does a ebook vs a post on forum.

Most I think are due to referrral's they use referrals in e-book, and don't have to include non-referral to like on forum.  Or the real nasty are hiding malware, but most I think are due to referrals.

But you should always be careful of links you click, or even more so what you download.

[perla]

Ahoy there 
Im a beginner with electronic currencies and started using Yobit few days ago
I would like to know what types of common mistakes newbies make and what to avoid in early days

Regards

if you are talking about Yobit what we know as altcoin exchanger, perhaps the advice that I give just to stay not panic when prices fall too far and you need to minimize losses or better yet, if put back up at lower price

[mikehersh2]

Always withdraw your coins into a safe and reliable place such as a wallet

[KennyR]

Without making a clear study about the various instructions of posting and just giving one word responses seems to be a common mistake of newbies.

[tabas]

Even though the answer is already posted we keep on asking people of "how does this works... how to do this... "

[RealPhotoshoper]

Ahoy there 
Im a beginner with electronic currencies and started using Yobit few days ago
I would like to know what types of common mistakes newbies make and what to avoid in early days

Regards

most commons mistake of newbie :
- they think bitcoin unsafe,so they worry about their account.
- they unpatient with bitcoin price,because very fluctuate.
- they too hurry to sell or trade their bitcoin when they have some profit.
- they to hurry to buy when price is going down.

[outatime1]

I think it's hard for people that are new at bitcoin to securely create bitcoin addresses and protect the private keys.  I think this may be the most important part of using bitcoin.

[zeitman007]

most common mistake is getting greedy and trying to hold coins until the top.  sell on the way up people!

[relq]

Most common mistake is clicking on every link they can find,
i believe i was fooled this way few times but thanks god my btcs were secured.

Lol, i feel same with you. when i still newbie i always clicking every websites that can earn money, once i wrong clicked and turned into downloading something that i'm not notice.

[mynameisdon]

yes....newbies are often make many mistakes in bitcoin service,market and in this forum too.
but they just have to make some good habit for never effort losses.these are following-

1)never be lasy-its bitcoin network so you just have to be strong and active if you have lot of bitcoin.it's price always down and up.
2)keep you wallet safe-i recommend you that if you are using mobile app wallet you must keep its backup in any safe wallet.so in cause of device format you could backup your wallet.so that i recommend you to make online wallet on blockchain.info
3)unroot your phone-if you are using mobile wallet and also your mobile is rooted you maybe in big trouble. because anyone can attack your mobile wallet if you are rooted.they can still your cookies and lot of information
4)escrow- always use escrow if you are dealing/trading any person to avoid cheating and Frauding.
5)faucets-i show huge amount of newbie started to play faucets for some small satoshi.they pay lot of time and get unexpected satoshi(i mean not worth).so just forget it.
6)Learn before trade-yes if you want to trade on market and many exchange service just see website how to trade how to be safe .which sites are good for this.
7)in bitcoin forum-if you are newbie here just stop to write wow,thanks,me too,any small answer then you will safe otherwise your post quality gone down and finally you banned forever.

hope you understand all thanks!

[jonathgb25]

Even though the answer is already posted we keep on asking people of "how does this works... how to do this... "

That kind of newbies think they really need a spoonfeed from the pros. That's why I'm making posts where I can redirect the newbies so I will not spoonfeed again and again.

[wazzap]

Spend my time in faucet
I want to spend more time here than at the faucet

[btc-facebook]

Well as I'm early known of bitcoin, I'm try to earn more and more eventhough it contains a risk of lossing ( investing into ponzi for example )
But know , I'm already learned that the past was the best teacher so I'm become a better and more wise to spend my bits more carefully

[bakingbad]

Spend my time in faucet
I want to spend more time here than at the faucet

yeah thats just a waste of time that will not allow you to make some decent money because faucet rewards are really small

my mistake was that i gambled all my money without even thinking and i lost wast amounts of bitcoins unfortunately

[n0ne]

Spend my time in faucet >
I want to spend more time here than at the faucet

yeah thats just a waste of time that will not allow you to make some decent money because faucet rewards are really small

my mistake was that i gambled all my money without even thinking and i lost wast amounts of bitcoins unfortunately

Many newbies involve in gambling without proper knowing about the regulations followed in it. Only involving into the gambling discussion gives description on gambling.

[zeaderza]

Most common mistakes of newbie  is desire to borrow money. Most newbie users post in lending sections without a collateral.

[Dmitry Sazhin]

Never mess with faucets, cloud mining, online wallets. Never use markets to store your funds, only to trade/exchange.