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Author Topic: Any advice for a newbie?  (Read 10680 times)
vertinfos
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August 17, 2018, 11:14:03 PM
 #1341

I think you're doing it right, you know what diversification is, continue to study cryptocurrency, and especially the top coins, as a beginner I think you already know a lot )
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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jvper
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August 17, 2018, 11:15:18 PM
 #1342

I believe you should study more before entering any risky investment. And you could also try investing through a pool such as Crypto Whales Pool www.cryptowhalespool.org

Our objective is to get excelent deals in private presales before ICOs. I am a DPoS witness (https://decent-db.com/witnesses) and I am going to use my reputation as collateral.

My future income as a witness is at stake.

We are going to accept new members until the group is sufficiently big.

Discussion group: https://t.me/CryptoWhalesPool
Channel: https://t.me/CryptoWhalesPool_Announcements

Feel free to join.

Do your own due diligence whenver investing in any ICO, private sale, etc. The pool is the means to get a good deal. There is no guarantee the investment will be profitable.

Feel free to contact me if you need any help.
coook zamk
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August 18, 2018, 02:39:40 AM
 #1343

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. Smiley
Janienregado1992
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August 18, 2018, 02:45:04 AM
 #1344

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
its so defecult for your to on how to invest youre coin that have now!! but i think the best thing todo for you!! just make some advice here in the hero or legendary ranks, cause they know so much of crypto currency im just like you too.. defecult time to think that way!! but for me i advice just Hodl youre token for a little longger!! Wait for the Bitcoin Fever soon!! just wait for a little while!!
LeavingEden
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August 18, 2018, 03:11:46 AM
 #1345

Informations is really a big help, but not all true and useful. So for me, research for your own sake. Don't be haphazard , its not easy as you think, better if you do your own research and gain a lot more knowledge. Im also a beginner so i also needed a very true and useful information.
Lina.network
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August 18, 2018, 03:26:56 AM
 #1346

First of all, you have to have a plans with your coin, when you cut loss and when you take profit, go deep in detail. For instant, your asset drops 10%, you cut loss, and if it increase 20% you take profit.

Second, determine who you are, holder or trader. That's it
teosanru
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August 18, 2018, 03:28:53 AM
 #1347

My advice would be not to get too carried away and invest heavily when the market is suffering.
You need to realize that the high volatility can make you rich as well as poor.
Only invest when you feel you have got enough surplus money.
Do not take loans and invest just for the sake of trading
Always read news to predict the market since this market heavily relies on news
AliMan
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August 18, 2018, 03:33:56 AM
 #1348

As a newbie, if you have time to spare you can earn some tokens through bounty campaign, i believe it is not everybody who can invest using money from their purse, bounty will increase your portfolio.
My only advice and to keep stay on track no matter what happen. Don't easily get anxious whenever the price is dropping. Just trust the system and improve yourself in every situation you're going to face. Well the only thing that you can do is to focus on your goal and achieve it every step of the way.

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August 18, 2018, 07:56:57 AM
 #1349

I am also a novice. The most important thing for me is safety. I need to know more about the investment before I can make an investment. I can consult experienced friends, go to the forum to read some comments, accumulate relevant knowledge, learn to analyze, and learn to wait patiently. This will benefit you for life
Granit0
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August 18, 2018, 10:08:22 AM
 #1350

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.
koilop_official
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August 18, 2018, 10:13:51 AM
 #1351

As a newbie, you should gain as much as possible the knowledge and information of the market and how to make money. At that time, knowledge will play important role. Only when having a good understanding about this market, you can make money.
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August 18, 2018, 10:17:29 AM
 #1352

If I am the newbie, I think you should read the whitepaper and visited their official page before invest in the coins or token, they are many altcoins coin still in the construction, have not the real product, don't invest any ICO if you have not enough knowledge about it.

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thefaucetrunner
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August 18, 2018, 10:34:45 AM
 #1353

you are good enough to start your cryptocurrency investment, no matter how much your investment are, the very important thing is do not get panic if you see or face bear market. most of new investors are get attacked by panic and tend to quit with cryprocurrency, i will not recommend that thing to you. we have many potential altcoin here so it will be good for you to do your own research regarding which coin you want to invest, believe in yourself and you have to underline this "to not being greedy investor".

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RianDrop
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August 23, 2018, 09:45:30 AM
 #1354

I don't know what is the main sense of posting that here if you already know the basics. I think you should research it yourself and do an intense study. You have a ledger wallet to keep your cryptos. That is not a basic man you already know so my suggestion is to thrive hard to earn more!
FinanceX
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August 23, 2018, 09:50:38 AM
 #1355

Make sure you do your research  Smiley
I spent 3 months reading and studying constantly before I even made a small investment. It worked well!

CreamIce
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August 23, 2018, 09:52:59 AM
 #1356

You sound confident already. When I started an year back, I had no hunch about, why I must do it in the first place. My friends suggested I must atleast start to grasp the concept. A lot of reading and market trend analysis helps but you get the real feel only when you start doing the investments. I am not good at speculating trends, so for that, we have so many forums, where people lend you life saving advice. Good luck with your investments.
BTC is the safest to bet but few altcoins are speculated to have a good future. Ripple too falls in that category.

Remember, have patience and don't lose hope during hard falls.
SGToken
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August 23, 2018, 09:54:30 AM
 #1357

Read all about cryptocurrencies, the way the system works and trending topics to gain some idea for discussion here in Bitcoin forum. Always follow the rules given by the moderators and also by bounty manager or signature campaign managers to avoid any issues. Avoid cheating in campaigns because your account may suffer for negative trust, that can affect your reputation joining campaigns.
Suwirump
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August 24, 2018, 08:42:05 AM
 #1358

On the off chance that you botched the chance to offer, it will be trailed by another. Breathe out, unwind. On the off chance that the cryptographic money that you purchased, the less expensive, rethink your examination. How solid is the improvement group, is the coin utilized in genuine installments? In the event that the venture is promising, the estimation of coins will sometime develop. Obviously, there are special cases, yet in General, the event of drawdowns is a typical practice in contributing.
Julskybtc1
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August 24, 2018, 09:40:21 PM
 #1359

 Crypto investments are very unpredictable and the price could very well fall even further down after you buy which means the value of your coins can decrease at any time.
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August 25, 2018, 03:42:05 AM
 #1360

You are holding great crypto with you other than xrp ,center around expanding amount of btc as btc is constantly taken as base and its cost will keep on grow.and in the event that you are going for altcoin center around eth,neo,eos,waves,qtum,etc these sort of advantage as they have strong group sponsorship and they convey their guide.
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