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Author Topic: Newbie to Altcoins  (Read 10512 times)
cryptonianz
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October 05, 2017, 08:57:51 AM
 #221

Do your own research, read forums, read official channels, social media etc.!
denny27
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October 05, 2017, 09:21:14 AM
 #222

For me personally i also seem to be said still newbie for Altcoins, i still learning and reads a lot in this forum about Altcoins and ask many to my close friend who are much more experienced and known many things about Altcoins and the developments of some coins on Altcoins . Close to Altcoins i feel i can provide an opportunity to gain another profit besides we got profit from bitcoin.

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October 05, 2017, 09:25:26 AM
 #223

i have been working on bitcoin before, i have bitmind ideas about bitcoin, but I have never worked with altcoins, so I have no idea about altcoins! So I need some help about of altcoins. Angry Angry
Naruil
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October 05, 2017, 09:33:15 AM
 #224

Buy and hold Grin actually I think that altcoins are very risky and complicated for a beginner. Better start with only bitcoin and understand it move on to altcoins

Yes, but what if it goes down very hard but really very hard. Would you advise him then to hold it more ? I would sell my coins when i see not future about that altcoin.

Thats how i work invest and sell when i see a little profit. I claim also from faucets to make more money xD.
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October 05, 2017, 09:50:33 AM
 #225

Do your own research, read forums, read official channels, social media etc.!

Thats a good one you need to also know more information about altcoins and bitcoins when you have a lot of information you can start with investing in altcoins. Altcoins are after Bitcoin so they were made after the main coin Bitcoin. I would suggest you to invest in Bitcoin first, because other wise you can't handle altcoins.
indomitableprincess
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October 05, 2017, 10:20:52 AM
 #226

Hi there, I'm new to altcoins. Anyone has some usefull tips? Or a strategy that worked for you? Smiley

Dont believe what some guy tells you on twitter. Or even on bitcointalk forum. It is proven to be not true.

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Goodween
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October 05, 2017, 12:03:50 PM
 #227

if you are newbi let me give you some advices about earning here. First of all you should chek AIRDROPs it can be profitable in the start. Second is try to participate in bounty programms on twitter and facebook, it's more profitable then AIRDROPs but it demand more efforts, beware scam ICOs. Lvl your acoount here on forum and after that participate in signature bounty. That is how you can earn your first alcoins. And be patient.
matthona
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October 05, 2017, 12:08:38 PM
 #228

As a newbie it can be risky to get directly into altcoins as there are many shit coins available and if you invest in it without any knowledge then you will loose your money with an blink of an eye so do your own research and then select some good coins for investment.


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bayong
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October 05, 2017, 03:04:35 PM
 #229

As a newbie it can be risky to get directly into altcoins as there are many shit coins available and if you invest in it without any knowledge then you will loose your money with an blink of an eye so do your own research and then select some good coins for investment.

Yes that's true! you should invest what can you afford to lost because investment on altcoins is also a gambling. There are a lot of ICOs now that has a good offer but you must carefully select few of them, search first the background and team behind the project before investing. There are also investors that already success of their investment and some is get scam.
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October 05, 2017, 03:18:15 PM
 #230

Being new to the altcoin, it can be very taunting as there are 100 or even thousand of possible coins to hold. So you seems to have endless input of information for you to choose. I would recommend to know more about the basic and long term coins that have shown that they can withstand the competition of others and still able to grow and develop better. These coins will be more safe and is good to have a big portion of these to form your base investment portfolio.
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October 05, 2017, 03:22:53 PM
 #231

Hi there, I'm new to altcoins. Anyone has some usefull tips? Or a strategy that worked for you? Smiley


you should seek knowledge of allcoin. I guess if you want to get involved with crypto, you should know it first. a lot of allcoin here, but you have to have knowledge. my advice you are looking for learning knowledge about allcoin.

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sheryl26
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October 06, 2017, 05:04:07 AM
 #232

Hi there, I'm new to altcoins. Anyone has some usefull tips? Or a strategy that worked for you? Smiley

My simple advice is just keep on gaining more knowledge and how cam you gain? Just post in some threads and read some of those answers and you can easily widen your learnings about altcoins. There are millions of altcoins are there and not all of them are successful. There are only few of them are successful like ethereum, for me that is the most successful altcoin. So if you wanted to invest on altcoins probably chose ethereum rather than anything else. Join in a bounty campaign to have a lot of coins
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October 06, 2017, 05:42:41 AM
 #233

My advice is you must read more information about altcoin, and don't be shy to ask if you don't understand it, and last must be practise, in practice because the knowledge is faster you understand when you practice it.  Smiley
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October 06, 2017, 05:45:55 AM
 #234

Indeed, to do business in the field of altcoin will be better to learn it first in order to be able to do business properly and able to minimize losses. And it certainly can be in search with google search engine, even in this forum a lot of knowledge that can be learned if we are diligent to learn it .
cryptotsunami
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October 06, 2017, 05:54:25 AM
 #235

Hi there, I'm new to altcoins. Anyone has some usefull tips? Or a strategy that worked for you? Smiley

what do u want to do invest into an altcoin and look for advise?
Invest what you can afford to lose.Don't use your emotion when trading, use your brain. Make an intensive research on the coin that you like to buy. Patience is the key if you want to get better profit.
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October 06, 2017, 06:08:51 AM
 #236

I think it's good if you strengthen your desire and trust to dare to plunge into altcoin. Altcoin is very dangerous for beginners because of its own complexity. So I think just learn it first so you understand more
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October 06, 2017, 06:24:35 AM
 #237

I started with altcoins at the beginning of the last year. At the end of the year i lost about 80% of my money by bad trading. I did a lot of pannic trading and almost lost anything. I had luck at the begining of this year, and with some good investments, i got my ballance up with 500% from my initial investement.
So, from this experience, i could advice you to invest only in top 10 maybe 15 alcoins and hold for the beginning. You must have a big experience to be a trader. It can be appealing to trade because you can make more money with less investment but the risk is huge.
As an  final advice, dont invest what you cant lose.

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October 06, 2017, 06:52:55 AM
 #238

Hi there, I'm new to altcoins. Anyone has some usefull tips? Or a strategy that worked for you? Smiley

Here is my advice that will prove to be very useful to you because I was once a newbie myself. Avoid entertaining your emotions when you decide to buy or sell your altcoins. Simply said, it means do not panic when your altcoins turn less than half as when you bought them. Do not sell with a loss.
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October 06, 2017, 07:00:44 AM
 #239

Buy bitcoins with all your money or just 70% of your money then the remaining 30% is up to you whether you will some altcoins or invest in ICO's. If your going to invest your money in ICO's make sure to research the coin if it has a good reputation and who is the CEO, developer of the new token. Read the whitepaper on much progress they've made. If all things fail you have save all your assets in bitcoin.

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October 06, 2017, 07:01:13 AM
 #240

Just do some research and go for the top coins but don't buy altcoins when it is still at the higher price.

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