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Author Topic: Any advice for a newbie?  (Read 10674 times)
Bonheur
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April 28, 2018, 12:15:37 PM
 #441

I am a newbie in the forum as a member but I  have been here for a long time and I can say for sure that reading is a great advice.
Read.Research.Don't get blinded by hype and don't be greedy.
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You get merit points when someone likes your post enough to give you some. And for every 2 merit points you receive, you can send 1 merit point to someone else!
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sammight96
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April 28, 2018, 12:18:09 PM
 #442

Before investing, read as much as you can. Also you should take into account positive and negative comments.
Never sell altcoins, if the price is less that you have invested. It's better to wait in order not to lose.
I like this piece of advice, but since am also new,  I will want to ask if a newbie member can also join in signature campaigns and how are the Merits awarded??
drrekkty
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April 28, 2018, 12:24:53 PM
 #443

Cryptocurrencies are a unique phenomenon for our society, so you should be psychologically ready for the most unexpected twists of fate. High instability is one of the key features of the crypto market. You can wake up in the morning and see that overnight prices have changed beyond recognition. Before entering the cryptocurrency market, read books, articles and understand the basic concepts: how cryptocurrencies appeared, what are their main features and how the ecosystem works.
Chachacoin17
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April 28, 2018, 12:26:04 PM
 #444

my advice for newbie you should better investment your bitcoin rather than you trading, you may also trading but you must have a knowladge about market, how to market move, when stop trade and when to time trade. if you dont know that. i suggest dont entering in trade, you just spend your bitcoin and dont have a result. the point is, must learn and learn then have an experience in this field
This is true, the best advice for a beginner is not to engage in day trading. The best option is investing in bitcoin for a long time. Of course you can not invest your last funds, it can have sad consequences.

Day-trading is a very difficult job that is not good for a newbie. The best advice to any beginner is to follow all possible information coming from the crypto market. Also, visit this Forum more often.
yes. day trading is high risk for newbie. i think learn ico or altcoins is best choice
when newbie know about ico, you can join in bounty or giveaway
It may be hard for newbies to understand the entire structures of cryptocurrency, but there are some tips and pieces of advice that can help replicate any mistakes they may encounter due to lack of knowledge. My advice to newbies would be to only invest money which they can afford to lose, be aware of cryptocurrency market's volatility (it's normal), learn some basic terminologies used in cryptoland for better understanding. Watch youtube videos, use twitter and telegram for the news. Above all, don’t be too dependent with the advise of other people, do your own study and homework. Don’t panic, be patient.
r.bhalla07
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April 28, 2018, 12:29:13 PM
 #445

i think if you join this work and your position is newbie then you will increase your followers in twitter and facebook and you will believe in this work and faith in this work and you do it regularly and have patience in this work for a good profit in this work.

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Chomsy
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April 28, 2018, 12:37:27 PM
 #446

Am also a newbie and needs more advice from old investors in this platform. I have about 20 altcoins. They re giving me profits though. The airdrops I do also yields, though not all. I recently thought of trying my hands on bounties too and so far, I have ventured into hood projects. But I need more because like they say "Oliver wants some more".
Voloshin2981
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April 28, 2018, 12:37:57 PM
 #447

There are channels in Telegram where baunt are discussed.
Here I am signed on one such http://t.me/CryptoTA_ICO
Not that the professional analysis, but is skilled people who understand a subject
mikeey89
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April 28, 2018, 12:41:47 PM
 #448

I want to recommend you to read one thread I made a while ago which is very helpful to new people who enters the cryptocurrency market and the blockchain technology space.

The beginners guide to Blockchain & Cryptocurrency

Hope you find it helpful.
profit-shooter
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April 28, 2018, 12:50:22 PM
 #449

First of all, you should study technical analysis as it will become the main approach in the future years on analyzing prices. The next thing is gaining experience by trading with real money. And the best experience you will be able to gain in the Forex markets. After this crypto markets will look very easy for you and not so risky.
I was a forex trader before and now find the crypto market quite understandable so I hope you listen to my advice and become a good trader!
geverciss
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April 28, 2018, 12:52:41 PM
 #450

You would be well-advised to read the thread written especially for beginners. I bet all your questions have been already answered. And if not it is better to seek help there
mdenys
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April 28, 2018, 12:54:32 PM
 #451

Read this forum carefully,especially bitcoin and altcoins section,lots of useful information from experienced traders and investors can be found here.Also remember the rule-dont invest more than you can afford to lose.
Elviragreg
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April 28, 2018, 01:07:21 PM
 #452

Search for info from any website or on the internet. Be careful of scams, and phishing links. If any questions may be asked in this forum for clear information.
Micerker
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April 28, 2018, 01:13:19 PM
 #453

I think you should use 0.13BTC and 2 ETH to buy cheap Altcoin like ADA, XLM, TRON. Because these Altcoins have a low price so it easily increases. If you continue to keep Bitcoin and Ethereum, it is doubtful to raise as much as Altcoin.

yangtinglei
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April 28, 2018, 01:18:42 PM
 #454

For starters, I think your choice is right. There's a lot of room for these types of cryptocurrencies to develop, and you're really great. Happy for you.
hardtargetbtc002018
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April 28, 2018, 01:29:21 PM
 #455

I think you should use 0.13BTC and 2 ETH to buy cheap Altcoin like ADA, XLM, TRON. Because these Altcoins have a low price so it easily increases. If you continue to keep Bitcoin and Ethereum, it is doubtful to raise as much as Altcoin.

I'm also a newbie in this kind of business but i can help you on the best coin for you to invest, I suggest to invest the top 5 coins next to bitcoin and ethereum which is much cheaper.
MonkeySlapFest
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April 28, 2018, 01:30:30 PM
 #456

Buy low then sell high thats what i do.
Rupok
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April 28, 2018, 01:33:52 PM
 #457

You follow someone who knows very well about Bitcoin. And you should read all the posts in this forum. The posts in this forum will give you a very good idea about crypto. If you are new then invest a little bit of money. You have Bitcoin and Eth That's enough for you.Bitcoin and Eth prices will rise very quickly,you can try hold this.

greggypiggy
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April 28, 2018, 01:40:43 PM
 #458

Welcome to the cryptocurrency world. We are here to learn and understand how cryptocurrency works. As a newbie your job is to learn so that someday youll add good ideas in this forum. You could start replying on threads and start to rank up. You can get 14 activities within weeks. And if you reach 30 youll become jr. Member. You should start working to get merits to rank up beyond Jr. Member. So lets start learning now.
Bit talk
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April 28, 2018, 02:24:23 PM
 #459

first you can observe the Crypto market price graph and you should know about projects and read the whitepaper which coin you are selecting, if you have low amount then better to invest on low price coins. better know coins updates because if have now update on coin then have chances to price will up.
potatocrasher69
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April 28, 2018, 02:27:47 PM
 #460

in the event that you need to get more benefit, simply attempt to pick up exchanging, it will add to your advantages, when it is sufficient to contribute you can do it, and like others say, don't stop to take in more about blockchain, inquiring about an undertaking you need to take an interest in, and the most critical is security, simply be watchful in deciding.
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