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mendis (OP)
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December 26, 2017, 06:17:16 AM
 #1

I have just started investing and trading in crypto currency, specially in bitcoin. I am expecting to have some kind of guidance from the expertise personals in crypto world for things like, what are the area I should learn, what are the main concepts in this field, what are the resources to gain knowledge.....etc.
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December 26, 2017, 06:19:42 AM
 #2

Welcome to the club. Ready yourself the dips and pumps going on right now. Also better not to do panic selling. Some of the newbies here are scared of a sudden dip in the price of bitcoin. Happy earnings.
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December 26, 2017, 06:24:04 AM
 #3

Welcome to the club. Ready yourself the dips and pumps going on right now. Also better not to do panic selling. Some of the newbies here are scared of a sudden dip in the price of bitcoin. Happy earnings.

This is one of the biggest things that can either make you lose a good amount of money, or at least lose out on the potential of making a TON more.If you're getting into crypto, you should go in with the mentality that the money you put in is already gone -- so then you're able to sit around and HODL with 30 percent losses to your portfolio and be okay.

This then allows you to maximize profits as you won't be selling until you need to.

Goodluck! Where are you buying coins from anyway?




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December 26, 2017, 06:26:52 AM
 #4

I guess that maybe most important thing in dealing with bitcoin would be controlling your emotions. Because if you let your emotions to control you, it will lead you to all kind of bad choices. Other than that, well follow the price and news. Follow the things that have impact on bitcoin. I think that most of the things you will find here on forum, or just google it. Trading bitcoin is no different from trading other things.
mendis (OP)
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December 27, 2017, 03:14:46 AM
 #5

Thank you for all kind of advisors and opinions...I have found some local sellers for buying bitcoin and found some exchanges also. Is it better to go for local sellers than exchanges for buying first bitcoin amount? And what are the reference for trusted bitcoin news and alert sites?   
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December 27, 2017, 03:25:33 AM
 #6

I have just started investing and trading in crypto currency, specially in bitcoin. I am expecting to have some kind of guidance from the expertise personals in crypto world for things like, what are the area I should learn, what are the main concepts in this field, what are the resources to gain knowledge.....etc.

If you really want to learn about cryptocurrency especially in bitcoin then you must do some basic research first before asking some experts. Since if you do not have even the most basic knowledge you will have a hard time understanding the technicalities that they will say to you. Also start reading some articles on effective trading there are many articles on google and you just need to search for them. And lastly find some mentor that will give you tips.

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December 27, 2017, 03:30:30 AM
 #7

I have just started investing and trading in crypto currency, specially in bitcoin. I am expecting to have some kind of guidance from the expertise personals in crypto world for things like, what are the area I should learn, what are the main concepts in this field, what are the resources to gain knowledge.....etc.
you have to learn about coin, technology, wallet, exchange: bitcoin wisdom, bitstamp...consider volume, chart, how to buy, sell, make transaction, etc
just start it with a little money and you'll learn fast bro. don't be afraid
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December 27, 2017, 03:31:31 AM
 #8

Welcome to bitcoin talk forum Smiley,it is simple learning on bitcoins , basically it is cryptography involves mining and resolving hashes, you can go through every sections in this bitcoin talk forum ,there are lot of information available .and also you can just got through google or youtube which clearly explains about these bitcoin and other alternative crypto currencies.

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December 27, 2017, 03:48:06 AM
 #9

First of all, read articles and study blockchain.  It is the main concept that you should know before you start trading. My advice is that when you feel comfortable with this, open an account in a reliable exchange and avoid local sellers.
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December 27, 2017, 03:55:13 AM
 #10

I am using coins.ph, the most popular in our country, they have promos and you will earn from them. From paying bills, sending money, buying mobile loads and inviting friends. These can give you additional earnings aside from the bitcoin value appreciating everyday. I think there's also a local bitcoin in the country where you are located. Just try asking or searching the internet.

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December 27, 2017, 03:59:53 AM
 #11

I have just started investing and trading in crypto currency, specially in bitcoin. I am expecting to have some kind of guidance from the expertise personals in crypto world for things like, what are the area I should learn, what are the main concepts in this field, what are the resources to gain knowledge.....etc.

Invest what you can afford to lose. Start with an amount that you can experiment with. There are no guarantees that you will gain huge profits from trading, holding or any other form of investments involving Cryptocurrencies. However, if you will dedicate yourself through your own research just by reading the trending news, updates or even updated in this forum, you'll might gain enough experience to survive.
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December 27, 2017, 04:05:27 AM
 #12

You can most likely gain knowledges through youtube videos. There are also videos in this forum that will help you gain knowledge if you explore. Lastly, if you want to earn, try bounty campaigns, and the services.
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December 27, 2017, 04:07:08 AM
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 #13

I guess the best thing to do is to analyze which coins have a future. It's actually hard because some coins like dimcoin made a buzz 4-5 months ago and then it felt like it was dead. People sold the coins for half or less than half price of ico but now it got listed on hitbtc and getting pumped artificially to 2000%. It's just an example how unpredictable cryptocurrencies are. Study, analyze and go with your hunch.
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December 27, 2017, 04:12:22 AM
 #14

I have just started investing and trading in crypto currency, specially in bitcoin. I am expecting to have some kind of guidance from the expertise personals in crypto world for things like, what are the area I should learn, what are the main concepts in this field, what are the resources to gain knowledge.....etc.
In the field of cryptocurrency it more better to make attention at every news regarding cryptocurrency and also understand through own understanding that what will happen or impact will be on the market of cryptocurrency due to that particular news/rumour .
And another thing is to remain active in this forum , Because many good and bad things daily we discuss and making use of them for Thier results of discussion that whether we should for that particular project or not .
And another last thing specially for trading is , don't go for loss in trading , I mean don't sell your coin at low price and wait until you got the profit  in that coin , Because it is 99% probability that the coin's price will get up .

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December 27, 2017, 04:13:28 AM
 #15

It is recommended that you spend a month in the forum to familiarise yourself with knowledge of bitcoin, then open an account on the stock exchange, learn the knowledge of each currency while trading, so that you will soon understand the encrypted currency.

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December 27, 2017, 04:18:16 AM
 #16

I have just started investing and trading in crypto currency, specially in bitcoin. I am expecting to have some kind of guidance from the expertise personals in crypto world for things like, what are the area I should learn, what are the main concepts in this field, what are the resources to gain knowledge.....etc.
Welcome to the world of High risks.There are lots of adventures waiting here for you.Remember,this is a highly volatile market.Price increases even $1,000 a day and falls the same even the very next day.You should start with a very small initial amount until you get good experience.

Follow the rules
                "Be Fearful When Others Are Greedy and Greedy When Others Are Fearful" by warren buffet

                 "Don't put all your eggs in the same basket" that is to diversify your investment.

Read the topics related to trading in this forum,redditt and websites which regularly publishes updates happening in the crypto world.

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December 27, 2017, 04:21:49 AM
 #17

If you are new to the cryptos world, then better you learn from this forum itself as you can get vast information and even regular updates about each crypto here. If you are investing in cryptos then you need to study the ups and downs in the graph and try to understand the graph exactly. You can really earn profit by studying the dips.
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December 27, 2017, 05:04:02 AM
 #18

Welcome to the world of cryptocurrencies better late than never, I congratulate you you have to spend some time in this forum and see and analyze the coins that make you earn money
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December 27, 2017, 05:27:10 AM
 #19

If you want to know more about getting profit regarding bitcoin trading you should watch a lot of videos on youtube and an occasional google search won't hurt. Good luck on your journey.

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December 27, 2017, 06:06:50 AM
 #20

When I joined bitcoin first it was like a dream to me because I have no idea about cryptocurrency .now I have a big dream surround this bitcoin.I hope that would fulfill all my dreams one by one and would build my career I will like to thank him once again for whom I have come to this platform.I hope that my next times will go well with bitcoin inshallah.I feel like I got Everything when I jumped into bitcoin Ocean.

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