Helping a Beginner

[missycoin]

Just ignore him, I stopped doing that, people just want free information and use your brain for nothing. Don't allow the do that.

[fishball]

Someone I know wants to meet with me to talk about BTC and crypto.
want to get into it.
What would you recommend be the step 1? for them to approach?

I think, he/she should first be oriented that bitcoin is a game of patience. He will or she will eventually get the jist of it on the run.

[TheySeeMeHodlingTheyHatin]

just watch all videos by andreas antonopoulos

[mistanama]

Someone I know wants to meet with me to talk about BTC and crypto.
want to get into it.
What would you recommend be the step 1? for them to approach?

It's best to help bitcoin beginners. We will help them with the correct way to use bitcoin. Let us not laugh at or ignore them if they are not wise. It is better if we help them as well as for their good. It's happier if someone new learners come to you. Let's teach them so they can not fool or scammer them. That's because the scammers target those who have no knowledge of bitcoin.

[h0lybyte]

Becoming a cryptocurrency trader does not require you years of time to learn how to be in this field, you should encourage him by teaching basic steps like how to buy and what aspects to consider while trading. By giving him article referances would be better for his understanding, also you should mention risk of loss, holding long term will obviously profit him as bitcoin is expected to increase upto $50000

[louie69]

You should search it on youtube.
Alot of videos give clear info

I would suggest that as a beginner, you need to do some research about bitcoin. Need to understand the basics of bitcoin and how it works to be able to gain more knowledge about it before engaging into an activity where you are not yet familiar. Also, by joining into this forum will give him better understanding as this have many topics that might be of help for a beginner by reading the comments of the members of this great forum.

Nice subject which is good it has brought up into this forum. First, I must say that as a beginner it is really a difficult time to understand immediately about bitcoin as this is experienced by all of us in this forum who had undergone this kind of situation. If you have a friend that is already familiar about bitcoin, then it could be better to seek advise from them and help will follow later. Next thing is do some personal research on the internet, lets say google or youtube which is also the best source of information that can help you understand more about bitcoin and how will it works for you.

[Nisharawal]

Someone I know wants to meet with me to talk about BTC and crypto.
want to get into it.
What would you recommend be the step 1? for them to approach?

First of all, i would like to give him detail intro about the bitcoin and what its power and how it can change his life so that he feels confident and his mind starts working and he starts getting interested about the bitcoin. Then I would refer him the idea of investing and trading using the bitcoin and how he can slowly make a good fortune either by investing on a long-term scale once in every few months or by trading on short-term basis according to weekly or monthly time-frame. Then I would also guide him about the small and valuable crypto coins which are trading below10$ where the money invested as early as possible have the potential to give them returns of almost 50x to 100x time the capital invested.

[LogitechMouse]

You want to help a beginner? If I have a friend that wants to know everything about crypto, my step 1 is to create an account here and let him/her learn with the help of this forum. Most if not all of the information relating to bitcoin. Even its for newbies or for a professional, you can read it here. I don't want to tutor my friend because me, myself is at the learning stage at this moment. Its better that my friend will try to learn himself/herself.

[boyshx]

You should search it on youtube.
Alot of videos give clear info

Errr, No?

1. Read and understand the Bitcoin White Paper: https://bitcoin.org/bitcoin.pdf
2. Anything else

I'm sure your answer is up to the mark but I don't think as new comer he doesn't know what a "white paper" is! Oh let me guess now he needs know what white paper is first and then he can start reading it. ;-)

To OP,  you can start working with the forum itself and you will see many generous topics created for the newbie like you. It's a vast world and just reading white paper wont help. Realistically you have to know things which are out of the whitepaper because many things have changed since that!

Just go through the simple reasons first , may be few steemit blogs, forum guidelines itself and many topics discussion that are specifically made over the bitcoin.

[crzy]

Becoming a cryptocurrency trader does not require you years of time to learn how to be in this field, you should encourage him by teaching basic steps like how to buy and what aspects to consider while trading. By giving him article referances would be better for his understanding, also you should mention risk of loss, holding long term will obviously profit him as bitcoin is expected to increase upto $50000

First you must be knowledgeable about the meaning and function of cryptocurrency because if you are not confident to do this you might give the wrong information that can cause misleading information which leads to fear of investing. Its ok to share and help your friends here but please, do your very best so we can prevent people from thinking about bitcoin is a scam.

[AGD]

You should search it on youtube.
Alot of videos give clear info

Errr, No?

1. Read and understand the Bitcoin White Paper: https://bitcoin.org/bitcoin.pdf
2. Anything else

I'm sure your answer is up to the mark but I don't think as new comer he doesn't know what a "white paper" is! Oh let me guess now he needs know what white paper is first and then he can start reading it. ;-)

...

As long as he can read, it will be possible for him to get the information out of this pdf - even without the knowledge about what a white paper actually is.

[Ankay]

Someone I know wants to meet with me to talk about BTC and crypto.
want to get into it.
What would you recommend be the step 1? for them to approach?

You start from the introduction of what bitcoin and blockchain technology is all about. Let him understand the decentralized and anonymous nature of Bitcoin. The relationship between the bitcoin and altcoin.

[pusa aso]

Someone I know wants to meet with me to talk about BTC and crypto.
want to get into it.
What would you recommend be the step 1? for them to approach?

it is too hard to encourage a beginner to join bitcoin but if you will explain to them slowly how bitcoin is great and how bitcoin can help them in a right way then that's the time they know what is the important of bitcoin.but if the beginner is really interested in what you are doing then suddenly they knew it for good.

[Adine.lablab]

First for the beginner you should participate in bitcoin talk forum you read the topic that you want to answer make sure you understand the question about it and then reply you need to research about bitcoin its helpfull you to understand and know whats important about bitcoin

[Palider]

Someone I know wants to meet with me to talk about BTC and crypto.
want to get into it.
What would you recommend be the step 1? for them to approach?

First, I would explain that engaging to BTC needs a lot of patience. If you aren't patient enough, then it's not gonna work.

Second, teach them one by one what are the rules. What they must do and don't.

Third, don't rush. It takes time to earn profit. You must not rush everything or else it's going to be over for you and your understanding.

[heureca]

Someone I know wants to meet with me to talk about BTC and crypto.
want to get into it.
What would you recommend be the step 1? for them to approach?

Give him bitcointalk link for beginners thread Overall, it depends on his goals - initially you need to identify his goals: be trader/holder or may be bounty hunter. You can tell him about these ways to earn money with criptocurrency. Then he can decide what will be better for him.

[Ahimoth]

Someone I know wants to meet with me to talk about BTC and crypto.
want to get into it.
What would you recommend be the step 1? for them to approach?

Give him bitcointalk link for beginners thread Overall, it depends on his goals - initially you need to identify his goals: be trader/holder or may be bounty hunter. You can tell him about these ways to earn money with criptocurrency. Then he can decide what will be better for him.

I agree with that. You have to know why he wants to know the world of bitcoin and what he already knows. From there you will know the right approach in introducing him to the world of cryptocurrency. If he is a tech savvy, that would be an advantage. You can teach him the technology of bitcoin and how the system works. Letting him read through this forum will also definitely be helpful as this is also the place where I personally started.

[gundala]

Someone I know wants to meet with me to talk about BTC and crypto.
want to get into it.
What would you recommend be the step 1? for them to approach?

Give him bitcointalk link for beginners thread Overall, it depends on his goals - initially you need to identify his goals: be trader/holder or may be bounty hunter. You can tell him about these ways to earn money with criptocurrency. Then he can decide what will be better for him.

I agree with that. You have to know why he wants to know the world of bitcoin and what he already knows. From there you will know the right approach in introducing him to the world of cryptocurrency. If he is a tech savvy, that would be an advantage. You can teach him the technology of bitcoin and how the system works. Letting him read through this forum will also definitely be helpful as this is also the place where I personally started.

There are many news portals and articles that discuss about bitcoin. I think it's not hard to learn bitcoin and altcoin from google. But indeed the most effective and informative is to learn from this forum.
Basically, the main thing to do is to build a basic knowledge of cryptocurrency with a lot of reading.

[sujonali1819]

Someone I know wants to meet with me to talk about BTC and crypto.
want to get into it.
What would you recommend be the step 1? for them to approach?

First tell them about all advantage /disadvantage about bitcoin / crypto what you know . Then search a blog or youtube channel with your local language which provides good news ,idea , up to date news , about crypto. And show them your btc investment history , And tell them before invest in btc learn more about it, because if anybody who has no patient and is a emotional person , always will suffer a mental concern after investment. so it should tell them to invest in their own risk.

[Perseusallen]

Diversify Effectively.Over the last several years, Bitcoin has produced some very impressive gains, and media outlets have developed a steady stream of stories about "Bitcoin millionaires."While these stories might tempt an investor to put all their money in Bitcoin, keep in mind that no investment professional would advise an individual to put all their eggs in one basket.When creating a diversified portfolio, investors could consider altcoins, more traditional assets such as stocks and bonds, or both.The basic idea behind diversification is creating a portfolio where a decline in one component will correspond with an equal gain in another.
For example, let's say an investor has a simple portfolio, consisting of equal amounts of Bitcoin, Ether, Litecoin, Ripple and Bitcoin Cash.If one digital currency falls 10%, then ideally, another digital asset will rise by the same amount.