MOST COMMON MISTAKES OF A NEWBIE

[JumperX]

common mistake as newbie for me is loosing a lot of bitcoin in trading & gambling
don't repeat it

Better for them not to involve into gambling it's just a waste of money.

People learn from their mistakes, as this is the mistake everyone has done when he was a newbie, even I lost many coins at initial stage in gambling, but now I prefer to stay away from it.

[safari88]

I invested quite some coin in a ponzi scam. I believe lots of newbies out there have done that when they first started, too.

Remember that all doublers, triplers or HYIPS are ponzi schemes. They will fail eventually. A newbie should definitely know this before they start investing.

Before we decide to invest our bitcoin into any company, we must know yhat company proof to pay or not scam.
But it is no problem if it is happen when we still newbie, because that experience can be the teacher for us to don't repeat that mistake again.

honest when I newbie, I do invest in HYIP, because I am attracted with high result in a short time.
My friend had already been invested, and he showed proof of payment, so I'll make a decision. but unfortunately. when I invest, the site became a scammer

I think that is the mistake we all did in the past, I also invested my coins in doubler who promised me to double my coins in 3 days, and I am still waiting 

3 days a long time in my opinion, I promised only a matter of hours, when it was only 6 hours. but the first 6 hours, their still pay and for the next hour they become a scammer. when it I invest around 0.4BTC
after that I was traumatized and did not want to hear even see sites about hyip!

[x13]

The biggest mistake a newbie can make is to invest in pump and dump coins. A lot of new members looking to get Bitcoin fast because they missed the Bitcoin train. So they do a lot of risk and they mostly lose.

[Shibashi Dogemoto]

The biggest mistake a newbie can make is to invest in pump and dump coins. A lot of new members looking to get Bitcoin fast because they missed the Bitcoin train. So they do a lot of risk and they mostly lose.

That can be one of the reason but the major fact is that  they invest their coins in gambling to make it big in quick time which is not possible at all.

[geopolisch]

Yes this forum is full of information.
If they start by only reading the forum and rules, they will be save on whatever they do later.
Reading and understanding the things is the Key here.

[Cyaren]

It's probably gambling, as well as getting scammed by people both on and off the forum.

Newbies are especially prone because they are not aware that there is a rank system going on, as well as a trust system. I used to deal with other newbies with negative trust, and I literally ignored others' advice and went without escrow. Of course, I got scammed.

[Fatanut]

There's a possibility that a Newbie would visit the Investor-based games. He might get amused by the offers that are promised by the promoted scam sites there. Although there are people there like cyptodevil who warns people to not invest, there's a chance that a Newbie will still be a victim. I myself was a victim of Scrypt.cc years ago. I though it'd run forever, but after a week, there's a lot of "issues" on the website. I only get like 10% of my money back.

To all newbies out there, I advise that you guys ignore the Investor-based game before you get tricked by people running ponzi websites.

[jossiel]

As I can see at a facebook group about bitcoins. Most members there are basically newbie and they are hoping to get a decent income with hyip.
But, they are all wrong only the first people who joined hyip are going to get a roi.

[toy4lov3rs]

As I can see at a facebook group about bitcoins. Most members there are basically newbie and they are hoping to get a decent income with hyip.
But, they are all wrong only the first people who joined hyip are going to get a roi.

I don't think that you can trust hyip anymore, as it will surely make you loose your money and never invest in doubler site too, as all of them are ponzi.

[jossiel]

As I can see at a facebook group about bitcoins. Most members there are basically newbie and they are hoping to get a decent income with hyip.
But, they are all wrong only the first people who joined hyip are going to get a roi.

I don't think that you can trust hyip anymore, as it will surely make you loose your money and never invest in doubler site too, as all of them are ponzi.

Yeah I find it very risky and I'm treating them now a scamming sites, if someone invites about to join their referrals on a ponzi site.
I'm not replying them because it's just only a money burning scheme.

[darewaller]

There's a possibility that a Newbie would visit the Investor-based games. He might get amused by the offers that are promised by the promoted scam sites there. Although there are people there like cyptodevil who warns people to not invest, there's a chance that a Newbie will still be a victim. I myself was a victim of Scrypt.cc years ago. I though it'd run forever, but after a week, there's a lot of "issues" on the website. I only get like 10% of my money back.

To all newbies out there, I advise that you guys ignore the Investor-based game before you get tricked by people running ponzi websites.

I agree here as even I started off investing in an HYIP website but since I had invested only $1, it was OK. There were users who were received negative ratings for promoting ponzis as well as newbies believed that those sites were
genuinely offering good interest rates. In addition to investor-based games, even gambling can be a method newbies need to stay away from.

[wildan88]

As I can see at a facebook group about bitcoins. Most members there are basically newbie and they are hoping to get a decent income with hyip.
But, they are all wrong only the first people who joined hyip are going to get a roi.

it is true, I also see. most of them share the link reff of Ponzi sites and some sites that use cloud mining ponzi system. but they are not wrong, because they are a new user, I am also when it becomes a new user, I was deceived by hyip sites. but if they know this forum, I'm sure they will be aware of it.

[jossiel]

As I can see at a facebook group about bitcoins. Most members there are basically newbie and they are hoping to get a decent income with hyip.
But, they are all wrong only the first people who joined hyip are going to get a roi.

it is true, I also see. most of them share the link reff of Ponzi sites and some sites that use cloud mining ponzi system. but they are not wrong, because they are a new user, I am also when it becomes a new user, I was deceived by hyip sites. but if they know this forum, I'm sure they will be aware of it.

I don't know even you will tell them that it is only a scam sites. More of them are keep on proving that it is legit and showing their proofs.
Well I don't mind them anyway. They will just realize it once the site ran from them.
They are just depending on hyip and they think faucet and hyip are the ways of getting btc.

[wintermeasures]

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

I think the most common mistake made newbie is unwilling to read and analyze the state of the market in advance. Mostly newbie in trading just follow other traders from entering the market. Even a newbie also believe the nonsense of other traders in the chat room.
thank you,

[tabas]

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

I think the most common mistake made newbie is unwilling to read and analyze the state of the market in advance. Mostly newbie in trading just follow other traders from entering the market. Even a newbie also believe the nonsense of other traders in the chat room.
thank you,

Well that's what you called being laziness, and maybe they aren't serious in entering to trading, since trading is very sensitive and you need
also knowledge on it, even you have enough btc to invest but if you don't have enough knowledge on it you are just wasting your time and money.
And yeah newbies most mistake is this.

[vero]

the most mistake by newbie maybe is trust invest their bitcoin in ponzi, it's because they want get fast my money. i've do that too but for now i never trust invest my money ponzi better i doing trading bitcoin in exchanger.

[Nameless27]

I think asking for a loans if you have no valid collateral and asking for a loan with newbie account you will receive negative trust..

[wildan88]

As I can see at a facebook group about bitcoins. Most members there are basically newbie and they are hoping to get a decent income with hyip.
But, they are all wrong only the first people who joined hyip are going to get a roi.

it is true, I also see. most of them share the link reff of Ponzi sites and some sites that use cloud mining ponzi system. but they are not wrong, because they are a new user, I am also when it becomes a new user, I was deceived by hyip sites. but if they know this forum, I'm sure they will be aware of it.

I don't know even you will tell them that it is only a scam sites. More of them are keep on proving that it is legit and showing their proofs.
Well I don't mind them anyway. They will just realize it once the site ran from them.
They are just depending on hyip and they think faucet and hyip are the ways of getting btc.

of course they will give evidence legit when their site is new, because it will attract many takers. then after a lot of people get stuck them into a scam. so maybe if you are the first investor, you can safely and profitably, but subsequently not.

[avw1982]

I think asking for a loans if you have no valid collateral and asking for a loan with newbie account you will receive negative trust..

LOL! Without knowing completely about bitcoin they do the various instructions of posting and just giving one word responses seems to be a common mistake of newbies.

[jossiel]

I think asking for a loans if you have no valid collateral and asking for a loan with newbie account you will receive negative trust..

LOL! Without knowing completely about bitcoin they do the various instructions of posting and just giving one word responses seems to be a common mistake of newbies.

Yeah this is one of the most common mistakes of a newbie. They are thinking that they can get a loan easily by just letting their newbie accounts
as a collateral, well the h could lend you money for a newbie rank account or newly registered account.