Any advice for a newbie?

[Lexurenn]

My advice to you is be safe and in that case i'm glad you are getting yourself a ledger nano s,avoid pump and dump groups.Do due diligence before investing in a project:Know the team,what they are doing and the total coin circulation(vip if you are into short term flips).

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[rosepetals]

Hi guys,

Newbie here trying to set up a crypto profile. 1 month ago I had heard the name Bitcoin but didn't know what it was other than a digital currency and had not heard of any alt coins so bear with me 

I don't have a huge amount to invest, thus far i have 0.13 BTC and 2 ETH, 2.6k XRP AND 50 OMG. I want to keep adding to this and keep it for as long as needed, i  am not really interested in trading as i don't understand this space enough to do that.

Any ideas or thoughts? Should i move any of these around? Concentrate on adding to bitcoin? Add to XRP/OMG etc etc???

Also i have a ledger nano s en route to keep my coins.

cheers

My advice for you mate is that be open minded and get yourself ready for the votality of your investments may uptrend or downtrend but so far your invested coins have already built its strong foundation in the market and i think that having these investments could make you go through alot of research inorder to make your investments safe and could possibly earn huge profit.

[minipun]

Great you have a hardware wallet to hold them in long term. I think you are already holding some good coins . try to buy more in this low price . and you can do a good research to find some more good altcoins to hold

[maculeth]

Have you bought it last year or early 2018? if so, now the price falls and you get a loss. my advice, don't panic sell, keep holding for the long term. because your coin list is a good and potential coin.

[btsjungkook]

The best advice that i can give you is that Do your own research bout crytotrading, gambling in case you wanna give it a try, or as simple as you buy and hold. It will depends whether you an investor or a trader. Stay away from HYIps and fraud or schemes that seems to be good or money 10x back guarantee as there is no such things as like that. Don't let others in fully controlled of your money, try harder to educate yourself as there is no such best tool to handle crypto but with knowledge and patience.

[reality18]

Newbies are advised to read much about crypto and the market and get the basic principles on which the market operates. Also, newbies must be much patient in the event of fall in market price, there is no point in panic selling during these times because the market always recovers. Knowledge and patience are the two key principles every newbie and crypto enthusiast must acquire.

[bayupermana]

Just be patient in every situations that you are in,work hard and with dedications,you should know how to manage your time,read and research to gain knowledge and don't panic at all.

[Adhichan]

Better study more before starting making the investments in a cryptocurrency. It is a very risky event if you know nothing about this digital coins world. Explore this forum and internet for the proper infromation that can expand your view and technical knowledge.

Our knowledge and skills could be very usefull to face unexpected market condition.market always show us movement thats not suitable with our hope.so this is the function of our knowledge.it could give us solution to face

[Restmand]

Better study more before starting making the investments in a cryptocurrency. It is a very risky event if you know nothing about this digital coins world. Explore this forum and internet for the proper infromation that can expand your view and technical knowledge.

Our knowledge and skills could be very usefull to face unexpected market condition.market always show us movement thats not suitable with our hope.so this is the function of our knowledge.it could give us solution to face

it would take a big risk if you invest now because if you heard about the bitcoin in your country i am sure that they says that the bitcoin is not good now because it is still dropping even were on the ber months. but if you want to tke the risk it is good to onvest now because the price is low and you're capital is not going expensive unlike the price before

[Mr. Legendaris]

The most important thing for newbies when investing in crypto is understanding risk, as we know that the crypto market is like a roller coaster so most investors panic because the price drops more than 10%.

[erichall]

Read a lot about bitcoin and altcoins. There are so many topics regarding this in this forum. This is the best place to start. Then read articles about digital currencies from other sites. The best way for a newbie is to read a lot.

[plmxs]

You can know the answers you want to know in the Bitcoin forum, because many constructive posts are posted every day, I think they are correct for novices.

[jheipee19]

 my advise is dont let your emotions affects your strategies. Why? because it will put you on the situation that you will become scared. Taking risk yes but understanding your own actions and learn from it will benefit you more in the future. Always set your target price from buying to selling. Dont be greedy , little profit or more is fine , profit is profit always remember that. Goodluck

[BTCedgar]

Well, if you are here for speculative gains then I would recommend you to spend maximum time without investing a penny and try to understand that how things work because I believe that investing time enhances your potential to improve your investing and trading skills. Bitcoin and blockchain technology is not only about speculation but it holds huge potential to transform our financial as well as non-financial sectors in a fundamental way. Read as much valuable posts as you can so that you will learn more about the whole sphere instead of relying on someone's opinion.  If I wasn't clear then let me repeat, do your own research and do not follow the next guy just because he is earning more than you.

[kimjenglot]

Read a lot about bitcoin and altcoins. There are so many topics regarding this in this forum. This is the best place to start. Then read articles about digital currencies from other sites. The best way for a newbie is to read a lot.

reading a lot of things about crypto is indeed the right advice for beginners, seeing illustrations trading on youtube can aso be a reference in order to be proficient in trading, and can get a large profit

[bolajiy123]

i have also gained alot from the comments on here, thanks to everyone

[signup01]

Hi guys,

Newbie here trying to set up a crypto profile. 1 month ago I had heard the name Bitcoin but didn't know what it was other than a digital currency and had not heard of any alt coins so bear with me 

I don't have a huge amount to invest, thus far i have 0.13 BTC and 2 ETH, 2.6k XRP AND 50 OMG. I want to keep adding to this and keep it for as long as needed, i  am not really interested in trading as i don't understand this space enough to do that.

Any ideas or thoughts? Should i move any of these around? Concentrate on adding to bitcoin? Add to XRP/OMG etc etc???

Also i have a ledger nano s en route to keep my coins.

cheers

maybe in my opinion it is better to understand and understand all the risks first so that it does not make investors much better in the future, the most important belief and capital patience

[Kool5]

Now, at such a difficult time, I do not even know what can be advised to beginners. Well, as usual. Good luck. Success in our hard work. And where do I get the oz. I think they will figure it out.

[kapitansugat]

My guidance for amateurs is duplicating perusing about bitcoin outs and digital currency. would for sure be grabbed a lot of your chance, you'll need to answer some time for having some good times and supplant it with the focal point of the investigation of this work. don't effortlessly surrender the soul proceeded. trust that a big motivator for you what you're willing will the sweet realization later.

[ho thanh chuong]

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