Some advices and references for a newbie?

[Daseento]

Dear Newbie, be glad that you're one of the very few people on earth that knows about the amazing opportunity in cryptocurrencies, actually less than 1%. The most important lesson I would love you to learn is never to FOMO. Unfortunately, I learnt that from experience, I lost 50% of my portfolio to FOMO and by the way, FOMO means fear of missing out.

[Svetlazara]

I read books on economics for a couple of months - I had porridge of information, with which I do not know what to do. It is not surprising, because students of economic universities spend several years studying the economy. It seems to me, it is better for a beginner to start with a small part, for example, the very foundations of trading and practice with small amounts. There will be questions - to look for answers, replenishing knowledge.

[rainezerr]

Hi everyone! I'm trying to research and study as much I can, but i have problems in finding good books/articles/whatever that explain the principles of economics and trading, very important if u want to learn about coins in general. I searched in the forum but i didn't find anything like that (but a lot of other useful articles)...so can you help me? I would really appreciate a "newbie tutorial for economics/trading" if it exist

The best thing to do is focus on reading different articles and speculations in order to have more knowledge on what will happen in the future if people will continue to invest on cryptocurrency, in this way you will also know if you are going to earn more profit or not into a specific coin you are interested to invest.

[FurDich]

Hi everyone! I'm trying to research and study as much I can, but i have problems in finding good books/articles/whatever that explain the principles of economics and trading, very important if u want to learn about coins in general. I searched in the forum but i didn't find anything like that (but a lot of other useful articles)...so can you help me? I would really appreciate a "newbie tutorial for economics/trading" if it exist

I could recommend you the 'classic' for newbies, now reinvented:

The New Trading for a Living: Psychology, Discipline, Trading Tools and Systems, Risk Control, Trade Management (Wiley Trading)

https://www.amazon.com/New-Trading-Living-Psychology-Discipline/dp/1118443926/

Then you could continue with Babypips and https://bitcoin.org/en/ the FAQ section.

Be patient and trade only with money you can afford to lose.

My suggestions to all newbies is to earch an information about the trade today and also to search about bitcoins so they will have an extra knowledge for this kind of economy .

[Epimetheus]

Try reading some materials on a website called babypips. I began there with my journey a few months back and it helps applies trading techniques. One thing to note is the website is for Forex but I think it applies to crypto.

I suggest them they should update themselves about crypto currency from various websites, you tube channels etc. They should start their crypto currency earing from signature campaign job because this kind of job is simple and trusted way to earn money through Bitcoin . They should try different Bitcoin related micro job to earn some bitcoin. For newbie i suggest them not to try Bitcoin investment because bitcoin is a highly volatile currency and their is a lot of chance they should loose there money.

[Soots]

Begin to learn basic things about finance and economics, you can find him via google or website. Slowly then start learning about stocks, investments, and banking. Maybe such a thing will be very continuous with Bitcoin or cryptocurrency.

It's not hard for newbies to search and look for reference to know about bitcoin. This reference are available in youtube and some socialmedia sites. There are information site that the information of bitcoin is available. They must study and dig deeper to know more about bitcoin and blockchain community.

[Kapee]

There are numerous piece of advice I may want to give to newbies but I will stress on few. Newbies are always advised to like more of reading. They should read thoroughly on any article or piece of writing they see about crypto currency. Newbies are also advised to participate in bounties they can or legible to.Always read instructions on bounties and airdrops they want to participate and should be a little secretive. They are also encouraged to search for more articles on crypto currencies and read about them. 

[gussupri]

Begin to learn basic things about finance and economics, you can find him via google or website. Slowly then start learning about stocks, investments, and banking. Maybe such a thing will be very continuous with Bitcoin or cryptocurrency.

It's not hard for newbies to search and look for reference to know about bitcoin. This reference are available in youtube and some socialmedia sites. There are information site that the information of bitcoin is available. They must study and dig deeper to know more about bitcoin and blockchain community.

we can get many knowledge resources in website freely.no cost to pay and even they provide online guidance to us to learn about finance or trading knowledge.or maybe we can learn video about it from youtube or other resources.

[Natural Perm]

This forum has a section for newbie you can find it in Meta. There are some rules that you should follow. You can also search on google about more details in bitcoin. And watch tutorials in youtube, so you can learn many things here in bitcoin forum. But you also need patience here and more practice. So you can aim high position.

[deppil]

Hi everyone! I'm trying to research and study as much I can, but i have problems in finding good books/articles/whatever that explain the principles of economics and trading, very important if u want to learn about coins in general. I searched in the forum but i didn't find anything like that (but a lot of other useful articles)...so can you help me? I would really appreciate a "newbie tutorial for economics/trading" if it exist

The best thing to do is focus on reading different articles and speculations in order to have more knowledge on what will happen in the future if people will continue to invest on cryptocurrency, in this way you will also know if you are going to earn more profit or not into a specific coin you are interested to invest.

I think the best advice for a newbie is to use your time as best you can to learn and read article as much as possible to increase your knowledge in the world of crypto. it is a good capital in the investment and trading of crypto. because the most important thing in crypto investment is knowledge

[kalawang]

Hi everyone! I'm trying to research and study as much I can, but i have problems in finding good books/articles/whatever that explain the principles of economics and trading, very important if u want to learn about coins in general. I searched in the forum but i didn't find anything like that (but a lot of other useful articles)...so can you help me? I would really appreciate a "newbie tutorial for economics/trading" if it exist

I advise to you is read some articles about cryptocurrency trading mining staking. They will help you understand bitcoin and other alt coins and technology of block chain you can pick which one you will do if you do trading you should be wise cause im a trader and Ive done  a lot  on it I learn a lot in bitcoin and alt coin thats why im sharing this to you

[lelahkenabanned]

some advice for newbie better if you want to start trading better you learn first how to trade properly and you must have the expertise to be able to determine the right time to buy and sell coin.

[foaman]

One of the best advice can be to look on this forum in a newbies thread and also go to YouTube to see some video tutorials there

[Hellokitty09]

a beginner to understand is the understanding of bitcoin. do not need much first they have to. because now for new people should be able to or understand about bitcoin

I can say to them that before investing in bitcoin you must know and you must accept how risky is it. If you follow the graph of bitcoin value each year, you already know that the flactuation of bitcoin is every time. I can advise to them that they will continue hold you bitcoin and be updated always about the value and I promise that you can return your capital money that you invest.

[AntonioKurandi]

I am investing in ICO. Among the variety of existing ICOs, there are a lot of frauds! Very few of the them have qualitatively created processes. That is why when I was looking for reliable ICO for fresh specialists, I found Kelvin-blockchain. Multiple blockchains with different consensus algorithms, token types, and assignments will be available. The multichain technology allows creating almost an unlimited potential for speed and productivity. Kelvin Blockchain can launch up to 2^64 subchains - more available subchains will benefit in increased speed and security. And I really like that they created a cool chat in Telegram that contains a lot of useful info. However, do not take everything for granted - you always should check everything by yourself

[nano77]

as a beginner you have to find out a lot of information about crypto currency and how to get profit, know the risks and start with small amounts, do not put all your money in one place

[abnxtofc]

I don't suggest you look for such books to read. Because in the encrypted world, technology and knowledge update very fast, you should join some social media, so that you can get the latest encryption knowledge and dynamics.

[finlandais]

For a newbie it might be difficult to understand the concepts and logic of bitcoin.Today technology is changing so fast.New advancements are there so for a newbie it might be tough.A newbie first try to get full infomation of the thing in which he want to invest.Try to get more and more awareness and only then invest.Don't invest your full amount .Try to save some of the money.A newbie must know that all the investments are risky and he should be prepared enough to handle a loss in extreme conditions.Try to know the experience of other people specially the ones who are investing in bitcoin from many years because you will come to know  about many new things from their experience.

[boddy.dy]

I just want to share what i did when i were a newbie in crypto currency. I am not ashamed that before i think bitcoin is a kind of fraud or some kind of scam but because of my curiosity i study well all about bitcoin on how to get the income how those it works what are the wallets and their purpose. So to cut my story short before I start here i study almost everything or every aspects of bitcoin. By then step by step with heads up i start investing here without any fear or anxiety because i know in my mind that i know what i am doing. So i piece of advice before you enter the crypto currency world study first so you will not regret in the end.

[cluit]

Start reading "Beginners and help thread" and follow the rules here.  Dont share to anyone your private key for wallet and dont install or download any malicious app to avoid scammers.

I am not very sure some of you always get to read the OP before you even reply to a thread. He would not find principle of economics and trading obviously on this forum as a result of shit posters like you.

It is a digital world, and if the OP needs anything, Google search is the best option, and all you have to do is use the keywords you are searching for and that is it. Investopedia is a very good site that can help a lot regarding some pretty good articles to make use of to start trading and some economic aspects as well.