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Author Topic: A lot of newbies buying the wrong coin. Be carefull!  (Read 2612 times)
marydale
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March 03, 2018, 03:34:15 PM
 #101

At August 8, 2017  Bitcoin forked. Now there are two "bitcoins" but just one is what Bitcoin used to be (Bitcoin Cash aka BCH) while the other one is just digital lead (Bitcoin Core aka BTC).




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Newbies and everyone else who are eyeing to buy or invest should read more carefully and educate themselves in the process.
Thy have to get informed to prevent getting scammed or getting less than bargained for.
So be careful, take it slow.

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March 03, 2018, 03:35:59 PM
 #102

Unfortunately, it's not you or I, who can not convince people to buy exactly those coins that we think are right, because every person has a head and he makes a decision and that's right. Because responsibility falls on the person himself.
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March 03, 2018, 04:31:13 PM
 #103

Anyone can buy the wrong coin or fall into the hands of scammers, not only a newcomer. You need to be more careful. The most annoying letters are email and telegram. They look pretty real and talk about some additional or private sales. Imagine how many people fall into these traps.
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March 03, 2018, 04:42:27 PM
 #104

Anyone can buy the wrong coin or fall into the hands of scammers, not only a newcomer. You need to be more careful. The most annoying letters are email and telegram. They look pretty real and talk about some additional or private sales. Imagine how many people fall into these traps.
recently very often come to e-mail letters with different kinds of offers, But I do not even turn over Links, because I do not want to get on the scammer. You need to be watchful and careful.
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March 03, 2018, 04:44:45 PM
Last edit: April 16, 2018, 10:48:52 AM by jpoker272727
 #105

even people who have been long in trading activities sometime can't decide what good coins to buy, i think it is commonly for newbies and it is good for them. because they can learn something from their mistake


A common mistake for newbies is that, they keep on investing even though they have zero knowledge on that specific coin, and the result is loss. Newbie should be more careful on choosing coins to invest, its hard to do so and better to study first before making decision.
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March 03, 2018, 07:33:21 PM
 #106

Ok, if Roger Ver sell all his bitcoin and convert it to BCASH, maybe I would say that we are buying the wrong Bitcoin. It is easy to say that BCASH is the real bitcoin, butaction speaks louder than words. You may convince yourself that BCASH is the real bitcoin but you have to ask yourself why people don't believe in it.

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March 03, 2018, 07:35:54 PM
 #107

beginners just buy coins to follow the trend alone, so many beginners are wrong in buying coin, and that's what makes them wrong in buying coin, but there are also beginners who join the paid channel is a good crew step in buying coin
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March 03, 2018, 07:44:43 PM
 #108

Beginners are looking for coins that can multiply their capital. And they think that coins with a small capitalization can do it. Sometimes this is true, but often such coins are dying.

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March 04, 2018, 07:44:43 PM
 #109

I guess that the main problem is that a newbie can't choose the right moment to buy a coin and this leads to losses. I noticed that newcomers often invest in that coin that has grown dramatically. This is the second mistake. You need to buy those coins that fell to the bottom.
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March 05, 2018, 11:38:08 AM
 #110

I bought the BTC, and now I'm a little sorry. It is better to buy other currencies, more promising. Of course, bitcoin will always be on top, it's unlikely that something will turn out to make money on it.
There are still number of people who are investing their money into bitcoin and things are working exactly in a very similar manner the way they were expecting it to be. It is all and all your choice to decide the coin in which to invest your money but for me bitcoin and ETH are the best possible coins of all the times and the newbies should invest in either of these coins for greater profit.
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March 07, 2018, 09:20:34 AM
 #111

First of all, beginners need to study information about coins, analyze its growth, fall. You can invest money when there is confidence in the team, there is support. If there is no knowledge, then do not expect good profits.
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March 07, 2018, 09:36:18 AM
 #112

The fact that I saw more like advertising, and beginners lushe advised to carefully study projects in which they are going to invest, information in the Internet a lot, on that site and on this site.

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March 07, 2018, 10:14:09 AM
 #113

Newbies in the scenario know what are you into and get all the knowledge about the coins you are investing into, and also how and when all started knowing the history is the best way to understand the market fluctuations.

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March 07, 2018, 10:32:00 AM
 #114

At August 8, 2017  Bitcoin forked. Now there are two "bitcoins" but just one is what Bitcoin used to be (Bitcoin Cash aka BCH) while the other one is just digital lead (Bitcoin Core aka BTC).




reddit.com/r/btc

If you want to learn more about Bitcoin just follow @Bitcoin on twitter Wink
Yes,i agree on your topic. There are many newbies that buying the wrong coin.because they don't know what is the good coin. We know that many of coin was scammer only few are the original and out of original only have a good future. I think they don't do researching abiut the all coins and they don't do survey they invest fast so that's in the end they got nothing
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March 08, 2018, 12:27:58 PM
 #115

Be informed! Learn about bitcoin or any other coin you want to invest in and only after this you should buy

You have the point, that learning bitcoin is the first thing to do before investing for you to internalize and so that you can analize what is goin on. Yes there are a lot of newbies buying the wrong coin maybe it is because of less knowledge and they might not gather informations to other. Understanding is the first way to through for us to be lead in the right path.

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March 17, 2018, 01:15:31 AM
 #116

I really agree that many newbies today buy wrong tokens or coins maybe because they were just convinced by the promises which those coins have been saying in their ICO, so maybe because they were just a newbies then maybe that's the reason why they buy the wrong coins, maybe they never tried in investigating and studying if what coins will bring them a good fortune and what coins are just a garbage that will just make all their investments disappear in a short time.
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March 23, 2018, 06:05:33 PM
 #117

Most newbies are riding the HYPE of cryptocurrency and every news on social media are a big factor to them, that result in losing money.
They have to be careful before choosing any coin and have to do some research as well if they want a decent return.
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March 24, 2018, 06:20:43 PM
 #118

I can attest to this.
It was not so long ago I joined the crypto space and I did what almost every newbie does, I followed the hype & bought a lot of coins. Today I still hold those coins but with regrets because most of them have reduced so much in value the I am hoping for 0.5x just to cut my losses.

Its always better not to buy than to buy the wrong coin.

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March 24, 2018, 06:41:30 PM
 #119

This is due to lack of knowledge and good orientation, it will be nice newbies understand what the market and how the investment is all about before Investing
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March 24, 2018, 06:50:41 PM
 #120

Yes i think that this happens a lot especially at newbies.Why?Because they don't have the patience to get informed before making a decision , like buying a wrong coin so before making that decision it will be great if you can look at the price, and read some predictions from other people who have some years of experience behind them.Also look at the volatility and how instable the market is.

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