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Author Topic: Any advice for a newbie?  (Read 10680 times)
Classica35
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June 25, 2018, 06:56:42 PM
 #961

I would advise you invest into coins that are it the market already. If you cannot invest directly into ICO, you can follow some ICO up and invest into their coins when they are listed. Investing into altcoins can help to grow your portfolio fast.
mike0829
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June 25, 2018, 07:03:12 PM
 #962

Pretty decent portfolio you have there. I think the best advice I can give you is to continue holding and don`t panic sell if the price will go down in the nearest future, because it definitely will. Be ready for it and calculate your risks and possible losses.
prockopenckoal
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June 25, 2018, 07:10:33 PM
 #963

Even if you did not touch your portfolio you would still earn on the pump of the market,and so study the top coins and invest in what you see as a leader in the future.
asdkjzn88
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June 26, 2018, 11:36:03 AM
 #964

D Y O R
Do your own research mate as there are lots out there who will try their best to scam newbies.
548khen
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June 26, 2018, 11:40:36 AM
 #965

My advice for the newbies out there is too research about crypto currency, or asking to a friends who knows a lot in crypto, for avoiding scams, because it is a lot of scammers here.
Wall_Streeet
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June 26, 2018, 05:54:26 PM
 #966

if experience is not enough, then study in order of coins from the top capitalization. It is necessary that in your portfolio were only serious coins. ratio you have the coins distributed right
dkmartin
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June 26, 2018, 06:01:53 PM
 #967


If you don't have knowledge better just hold bitcoin only. but as far as I can see the coins you are holding at the moment is a good coin. but remember, that when bitcoin prices increase, altcoin price will fall.
nirmalakk
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June 27, 2018, 07:23:52 AM
 #968

Advice for a "newbie" would be to do good research before investing into any Altcoin or Bitcoin. It's a world full of risks! In the cryptoworld, you win some and you lose some ofcourse but you can prevent losses or fails from happening by checking before investing.
I believe you can participate first in Bounty programs and Airdrops too, read forums regarding coins and ICO's!
BlazingBlack_Dragon
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June 27, 2018, 07:31:48 AM
 #969

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  Undecided

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

Concentrate on 5 coins or tokens that you think on your DYOR has the most potential.
Check as well ICO's that have the most potential to change something in the crypto space - ShareRing is a low key, very high potential project if the founders execute well.
I had some ICO's that gained 30x last year - from $100 to 3,000 (my batting average is 2 out of 10, which is well worth it)
Tonygold1967
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June 27, 2018, 07:35:38 AM
 #970

Main advice is: educate yourself, you should extend your knowledge in crypto to make decisions on your own, it is the main rule in crypto world. Of course you can see what others say to follow trends but you should have your own opinion anyway. Here is good blog for newbies: https://icoguide.com/en/blog I would suggest to read article here, for the beginning. than continue with other articles also.
Anchor867
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June 27, 2018, 07:37:15 AM
 #971

There can be a lot of advice for a newbie like you but i think the most appropiate one is read a lot from this from and also from other information as well and last gather information that you think it is good for yoyrself
dreadfullICO
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June 27, 2018, 07:37:42 AM
 #972

Main advice is: educate yourself, you should extend your knowledge in crypto to make decisions on your own, it is the main rule in crypto world. Of course you can see what others say to follow trends but you should have your own opinion anyway. Here is good blog for newbies: https://icoguide.com/en/blog I would suggest to read article here, for the beginning. than continue with other articles also.


On this page there is also tool to compare different exchanges, it will be also helpful for newbie trader: https://icoguide.com/en/crypto-trading-compare
Winnerschapel
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June 27, 2018, 07:39:23 AM
 #973

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.
JustASalad
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June 27, 2018, 07:40:47 AM
 #974

You have a pretty decent amount to invest TBH, I started cryptocurrencies as a student with 0.23 ETH. My only advice would be research absolutely everything and dont believe people online, people love to shill their useless projects, ignore them and make your own decision.
flowdon
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June 27, 2018, 07:41:02 AM
 #975

hello there mate, as you say that you are new in the crypto world better to read and read some threads in the forum, this would really help you a lot and gain some knowledge about crypto and blockchain. as of now you are still a newbie better to work with your account first to level up. then later on you can find some bounty campaign that you could earn crypto for free, you dont need to invest. just be patient to know everything and no wonder time will come you will be an successful cryptographer. goodluck mate, and enjoy.

Mishael
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June 27, 2018, 07:41:19 AM
 #976

Better for you to start reading and learning, collect some information all about crypto markets and understands all about them. You will find out what are you going to do.
Meepers
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June 27, 2018, 07:51:49 AM
 #977

The advice for newbie is you have to learn and understand all about the world of cryptocurrency such as altcoin. you should be able to have knowledge that is in it . Read a lot about bitcoin and altcoins. There are so many topics regarding this in this forum. This is the best place to start. You should be more careful in your credentials keep it in more secured place and make sure that you are the only one that knows or this will lead to your loss.  Grin
Asgar 9
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June 27, 2018, 08:18:42 AM
 #978

The main advice for any newcomer is not to risk large sums of money during trading, and do not join the bounty of those managers who previously ran scam projects.
dangershadow
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June 27, 2018, 08:23:49 AM
 #979

Research should be your best friend Smiley
gazilla
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June 27, 2018, 08:44:45 AM
 #980

First of all good luck in your journey. Second If I were  you I would the coins around a little bit in order to have bigger gain. I think Bitcoin has to go as you need to purchase coins that are small in value so that they can generate greater gain for you. Make sure you buy coins that are on good exchanges like Binance. (Buy some Zilliqa also check my Signature).  
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