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Author Topic: A lot of newbies buying the wrong coin. Be carefull!  (Read 2612 times)
harm
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August 20, 2018, 05:56:17 AM
 #221

Beginner in cryptographic forms of money exchanging are simply purchasing coins that is publicity by the news, most brokers presently are not for quite a while a simply doing day exchange.Promotion is the one they are into and after that dump in simply some percent up. Despite everything I appreciate those PRO that are long time holders who depend on whitepaper and guides.
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August 20, 2018, 06:07:07 AM
 #222

Well thank you very much mate for your heartily concern by buying us coins.,awareness and responsibilities leads us to good direction,not just newbies or junior members anyone can be a victim by any deceiver so be careful and be vigilAnt.
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August 20, 2018, 06:15:59 AM
 #223

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 a lot of people commit this mistake and screw it big time, even the regular users of bitcoin like me can commit this mistake as I have already done this in the past when I accidently sent about 0.1 bch to my btc address, I am very grateful that it wasn't the other way around as then I would have lost very huge amount in that case. So it is very easy for newbie to commit a mistake because I can also do these stupid mistake even i am an old user of bitcoin.

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August 20, 2018, 06:25:41 AM
 #224

it is a mistake of their own for forcing them to buy coins before knowing the risk of investing and not knowing how a coin is, they want to get rich quickly without wanting to learn more so don't blame anyone if you lose a lot of money

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August 20, 2018, 09:55:55 AM
 #225

Both of these coins have the potential to become one of the worthy crypto. However, we are indeed required to be more careful in choosing the coins that we will buy by knowing the symbols of the coins so that they are not wrong in purchasing them. And with the information presented, of course it will help those who do not know about this.
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August 20, 2018, 10:16:55 AM
 #226

Newbies should research first on the coin they are going to avoid future mistakes. They are also the ones who easily get panicked when the price of the coins they holding go down continuously. They should also learn how virtual coins works and this include the names of coins so they won't be confused on buying the right coin.
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August 21, 2018, 05:49:38 PM
 #227

First of all, you do not need to hurry with investments and risks, while not enough to study the specifics and prospects of the market. Over time, such investments will be more profitable and successful.
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August 21, 2018, 09:45:29 PM
 #228

I don't think it's just a newbie, but almost everyone is very difficult to determine which coin to buy, because there are too many choices and the crypto market is constantly experiencing price fluctuations, so that ultimately buying the wrong coin

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August 21, 2018, 09:46:51 PM
 #229

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
thank you very much for this information my friend was going to begin with something and i will definately show her this post

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August 21, 2018, 09:47:48 PM
 #230

I don't think it's just a newbie, but almost everyone is very difficult to determine which coin to buy, because there are too many choices and the crypto market is constantly experiencing price fluctuations, so that ultimately buying the wrong coin
i absolutely agree with you there are too many coins to remember them all and most of them do not worth your attention unfortunately

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August 21, 2018, 09:51:03 PM
 #231

How can you be so inadequate and ignorant to buy it? I do not see any reason to confuse the real bitcoin with this. Be attentive, beginners and read articles about crypto currency before investing your money!

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August 21, 2018, 09:57:54 PM
 #232

Well, to be honest, BCH is more convenient in day to day transactions and there are application adding these transfers more usability.
nevertheless, I don't think that newbies buy wrong coin, because BTC is father of crypto.
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August 21, 2018, 10:06:22 PM
 #233

This has piqued my interest, I will definitely look into holding more Bitcoin Cash in the coming months.
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August 21, 2018, 10:14:26 PM
 #234

Maybe just because they are new that's why they are aggressive to buy without knowing that transaction is already a scam, so to all newbies out there  don't hesitate to ask question to pioneer member so that you can avoid mistake but be sure get the legit member not the scammers try to research first.

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August 22, 2018, 05:45:55 AM
 #235

This has piqued my interest, I will definitely look into holding more Bitcoin Cash in the coming months.

But you should be careful in buying because alot of scammers are roaming around and just waiting for the people to be their victim, They asre creating their own coin and pretend to be a good one but in the middle of it they will just disappear.
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August 22, 2018, 05:54:42 AM
 #236

Of course it's one's own responsibility buying altcoins without any knowledge or experience. Hopefully they learn from it when they've bought the wrong altcoins and hopefully it's not an expensive lesson.
The reason why most newbies are choosing BTC over BCH is because they see the current value of the two and from that they make their decision and also because BTC is very popular thats what drives most of the people into investing into that coin.
Obviously true. I will suggest to the newbies to make really good use of this forum to help them know more about BTC and altcoins before they even step out to invest.
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August 22, 2018, 05:59:14 AM
 #237

Don't rush. Sometimes This crptocurrency can not be done alone. You need the assistance of those that have been in it long before you joined. These are the people that can help you to buy reliable coins. If you do it by yourself you know you are a newbie, you can run into scams.
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August 22, 2018, 06:06:50 AM
 #238

Yes, when I am a newbie, I also think that many coins on the market are potential coins, worth investing, and also investing. It is entirely based on the k-line chart of the market. Later, after I understood the nature of the project, I gave up a lot of coins.
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August 22, 2018, 06:18:19 AM
 #239

Novices are easily deceived because they don't understand the market, and the lack of knowledge about encryption leads them to choose useless coins or buy them at high prices. I think that learning is the main thing. Investment needs to be cautious.
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August 22, 2018, 08:13:28 AM
 #240

I think it's because they cannot search for good information about what the coin that can increase soon, so they only buy a random coin on the market. I think this will make them cannot make a profit and get more loss and I hope that they can analyze first before they buy any coins. besides that, I see that some of them getting attract because of the price is getting a pump in a while, so they think that the price will still increase, so they follow to buy the coin but suddenly, the next second, the price is back to the lower price.

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