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Author Topic: MOST COMMON MISTAKES OF A NEWBIE  (Read 21675 times)
darkmagician
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May 02, 2016, 04:30:57 PM
 #181

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.
dont forget about the saying" beginners luck" im convinced on that saying, when i tried playing dice on fist time. i was so lucky that i turned imy 250 which i get from faucet and make it 250k satoshi.but only for the fisrt time the second time it gives me losses everytime i play.
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May 02, 2016, 04:57:10 PM
 #182

I can say that one of the most common mistake of a newbie is that when we try to think how easy to earn with bitcoin but in reality it is very hard to earn a single bitcoin. There is no easy way to earn money you have to work it, unless you rob it.

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May 04, 2016, 03:05:45 PM
 #183

I can say that one of the most common mistake of a newbie is that when we try to think how easy to earn with bitcoin but in reality it is very hard to earn a single bitcoin. There is no easy way to earn money you have to work it, unless you rob it.
yes it is a common mistake beginners who come here. because they do not have knowledge of it all.
I was also so when a beginner, want to get a free bitcoin, but very difficult. but when I have a lot of knowledge, I can earn a lot bitcoin by way of a free.

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May 04, 2016, 11:12:27 PM
 #184

I can say that one of the most common mistake of a newbie is that when we try to think how easy to earn with bitcoin but in reality it is very hard to earn a single bitcoin. There is no easy way to earn money you have to work it, unless you rob it.
yes it is a common mistake beginners who come here. because they do not have knowledge of it all.
I was also so when a beginner, want to get a free bitcoin, but very difficult. but when I have a lot of knowledge, I can earn a lot bitcoin by way of a free.

You can earn it free from faucets and the most mistake newbie does is that he invests his money into gambling  to make quick money.
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May 04, 2016, 11:48:44 PM
 #185

I can say that one of the most common mistake of a newbie is that when we try to think how easy to earn with bitcoin but in reality it is very hard to earn a single bitcoin. There is no easy way to earn money you have to work it, unless you rob it.
Earn bitcoin might be easy if you have skill like design, programming, or something else.
Just offering your skill and tell the community what you can do. So far the highest earning for offering skill is programing, especially for blockchain technology. Take a look on service section, so many people hiring those jobs.
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May 05, 2016, 04:34:01 AM
 #186

Avoid gambling !!
thats all i can tell you from my experience !  Undecided Cry Angry
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May 05, 2016, 06:37:33 AM
 #187

I can say that one of the most common mistake of a newbie is that when we try to think how easy to earn with bitcoin but in reality it is very hard to earn a single bitcoin. There is no easy way to earn money you have to work it, unless you rob it.
yes it is a common mistake beginners who come here. because they do not have knowledge of it all.
I was also so when a beginner, want to get a free bitcoin, but very difficult. but when I have a lot of knowledge, I can earn a lot bitcoin by way of a free.

You can earn it free from faucets and the most mistake newbie does is that he invests his money into gambling  to make quick money.

The most common mistake of newbies is the money they earned from faucets or received giveaways or given by their friends.
They are investing it to hyip hoping that their money will grow not knowing that it is only a scam.

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Thoth-
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May 06, 2016, 01:51:50 PM
 #188

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  Embarrassed

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


Yeah funny to see how people thing Gambling is a reasonable way to accumulate BTC's
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May 06, 2016, 02:08:59 PM
 #189

buying coin shilled by bagholder, that will dump over them
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May 07, 2016, 01:14:36 PM
 #190

Avoid gambling !!
thats all i can tell you from my experience !  Undecided Cry Angry
could you be more specific? What happened? I have good experience but i can't say i'm winning all the time, sometimes i'm very lucky but sometimes lose almost few times more than i can afford..But i still in the game..

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May 07, 2016, 01:42:34 PM
 #191

Avoid gambling !!
thats all i can tell you from my experience !  Undecided Cry Angry
could you be more specific? What happened? I have good experience but i can't say i'm winning all the time, sometimes i'm very lucky but sometimes lose almost few times more than i can afford..But i still in the game..

If you are good in gambling then you can continue with it no need to listen to other, its your money you can invest it according to your wish.
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May 07, 2016, 03:03:47 PM
 #192

Most mistakes are that newbies didn´t reasearch enought about a coin if it is shit or not.
Many newbies can´t wait till the price go down to buy and buy then at to high price and make looses.
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May 07, 2016, 03:37:06 PM
 #193

Most mistakes are that newbies didn´t reasearch enought about a coin if it is shit or not.
Many newbies can´t wait till the price go down to buy and buy then at to high price and make looses.

That is one of the mistake for sure but the other mistake newbie does is that he invests his money in some ponzi sites hoping to multiply his coins in quick time.
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May 09, 2016, 05:34:57 PM
 #194

Newbie can involve in gambling and lose all the coins Sad
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May 09, 2016, 09:02:05 PM
 #195

Most mistakes are that newbies didn´t reasearch enought about a coin if it is shit or not.
Many newbies can´t wait till the price go down to buy and buy then at to high price and make looses.

That is one of the mistake for sure but the other mistake newbie does is that he invests his money in some ponzi sites hoping to multiply his coins in quick time.

Yeah and I believe gambling the most common mistake  done not only by a newbie but also by the senior and experienced user of bitcoin to make it big in quick time.
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May 09, 2016, 09:23:19 PM
 #196

A common mistake is using faucets and thinking you will actually get rich from them which is highly unlikely.

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May 09, 2016, 09:57:40 PM
 #197

A common mistake is using faucets and thinking you will actually get rich from them which is highly unlikely.

People like that is free as there is no investment needed in faucets, but the fact is as they are new they are not aware how to start off in productive way.
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May 11, 2016, 07:07:51 AM
 #198

A common mistake is using faucets and thinking you will actually get rich from them which is highly unlikely.

People like that is free as there is no investment needed in faucets, but the fact is as they are new they are not aware how to start off in productive way.

yup i was on it previously and for  a couple of months been playing games and viewing those commercials still got les than 50 cents in my wallet.  anyway that was fun for a start.

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May 11, 2016, 07:17:14 AM
 #199


A common mistake is using faucets and thinking you will actually get rich from them which is highly unlikely.

This is what also I'm thinking when I'm still a newbie and trying to calculate what I can earn by using faucets. I though 3 digits of satoshi's were already a big amount of bitcoin, but it was all a common mistake.

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May 11, 2016, 07:18:52 AM
 #200

What about cloud mining?
I just see some contract on OXBTC and the price is good.
What you guys think?
Could anyone give some advice?
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