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Author Topic: Help a Beginner to understand...  (Read 2179 times)
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April 12, 2018, 06:36:44 PM
 #241

During this prolonged decline in prices in the market, indeed, all altcoins followed the price of bitcoins, and not only for you, the total value of coins in your portfolio has decreased. Why it is difficult to say, but there can not be constant growth or fall, so we need to wait for the next growth.

If you are a beginner, you need to know almost if not everything, at least many things about Bitcoin. But practical involvement in the Business is the only thing which will make you a practical expert. I have heard from the top notch experts that if you are a beginner, you should invest in fraction and let yourself know about the market response. Once you are in the market with the experience and business strategies, you would make huge money in case you are long term investment.

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April 12, 2018, 07:14:14 PM
 #242

How can you invest in something you know very little about? For me it's very wild. This is your money, do not you feel sorry for them?
Now for you the best strategy is HOLD
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April 13, 2018, 02:19:58 AM
 #243

Almost half of your total investments have gone, that's the hardest thing for an investor like you but we can't do anything about it,  maybe just hold it for a longer time. If I were you,  I would start by just investing on atleast 5 cryptocurrencies instead of 25 currencies
Losing money should always be an outcome that you should consider when you are investing but the problem is that people are very positive and too confident about their skills they think there is no way for them to lose and when that happens they are not really prepared for it, those people are not really ready to become investors and they should stop until they understand that any investment always has risks.
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April 13, 2018, 02:34:19 AM
 #244

How can you invest in something you know very little about? For me it's very wild. This is your money, do not you feel sorry for them?
Now for you the best strategy is HOLD
Bitcoin was like a mother of all cryptocurrency when the bitcoin price drop most of the time other altcoins follow. But you dont need to panic. Just keep holding and wait until it pump again. Not all the time bitcoin was decrease it will increase maybe not now but soon. I suggest to invest only in few coins and choose the best like eth and bitcoin.

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April 13, 2018, 04:14:31 AM
 #245

How can you invest in something you know very little about? For me it's very wild. This is your money, do not you feel sorry for them?
Now for you the best strategy is HOLD
Bitcoin was like a mother of all cryptocurrency when the bitcoin price drop most of the time other altcoins follow. But you dont need to panic. Just keep holding and wait until it pump again. Not all the time bitcoin was decrease it will increase maybe not now but soon. I suggest to invest only in few coins and choose the best like eth and bitcoin.
If there is a storm then there will be always a rainbow after that storm and that is what is going to happen in the cryptocurrency. There are times that the bears win the market and make a bearish trend in the market but now i think that the bulls are now stronger and this is the time to make the market to go up again and prove something.
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April 13, 2018, 05:45:59 AM
 #246

Almost half of your total investments have gone, that's the hardest thing for an investor like you but we can't do anything about it,  maybe just hold it for a longer time. If I were you,  I would start by just investing on atleast 5 cryptocurrencies instead of 25 currencies
Losing money should always be an outcome that you should consider when you are investing but the problem is that people are very positive and too confident about their skills they think there is no way for them to lose and when that happens they are not really prepared for it, those people are not really ready to become investors and they should stop until they understand that any investment always has risks.

having a positive and confident is necessary especially if we want to try to invest our money but we need to realize our capability in trading and investment itself and we want to learn many things related in investment so we can use our skills to make a profit. loss and profit will always come to us no matter how good our skills and only prepare that we can do to be ready if there are any worst scenario that might be happening in our investment journey. so if we want to become an investor, we need to prepare our self for everything.

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April 13, 2018, 12:23:53 PM
 #247

Hello guys...

I have diversified my portfolio to about 25 different cryptos which were worth about 7000-8000$ just before the bitcoin crash came and I am wondering whats the exact reason behind this, when or will it recover (and so the alt coins I hold, don't have any bitcoin).

Why do almost all alt coins crash because of the bitcoin crash or correction?

My portfolio is worth only 4000$ atm.

Sorry for being an beginning idiot and asking this and thanks for everybody who can explain it to me
actually i am not a perfect person to know everything about bitcoin everyday or any day i just do my work here in bitcoin and i am just listening for what they are telling about bitcoin.so if you want to learn more just search or ask the adults for better,and understand everything.
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April 13, 2018, 12:28:49 PM
 #248

Hello guys...

I have diversified my portfolio to about 25 different cryptos which were worth about 7000-8000$ just before the bitcoin crash came and I am wondering whats the exact reason behind this, when or will it recover (and so the alt coins I hold, don't have any bitcoin).

Why do almost all alt coins crash because of the bitcoin crash or correction?

My portfolio is worth only 4000$ atm.

Sorry for being an beginning idiot and asking this and thanks for everybody who can explain it to me

Most altcoin crashes when bitcoin crashes is just because bitcoin is treated as the main currency. Most altcoins are paired with either bitcoin or ethereum, so that is why most people sell their altcoin to either get more bitcoin or to avoid losses.

 
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April 14, 2018, 09:06:03 PM
 #249

Almost half of your total investments have gone, that's the hardest thing for an investor like you but we can't do anything about it,  maybe just hold it for a longer time. If I were you,  I would start by just investing on atleast 5 cryptocurrencies instead of 25 currencies
Losing money should always be an outcome that you should consider when you are investing but the problem is that people are very positive and too confident about their skills they think there is no way for them to lose and when that happens they are not really prepared for it, those people are not really ready to become investors and they should stop until they understand that any investment always has risks.

having a positive and confident is necessary especially if we want to try to invest our money but we need to realize our capability in trading and investment itself and we want to learn many things related in investment so we can use our skills to make a profit. loss and profit will always come to us no matter how good our skills and only prepare that we can do to be ready if there are any worst scenario that might be happening in our investment journey. so if we want to become an investor, we need to prepare our self for everything.

Investment is not as difficult as trading and even with a little research, a person can come to a right decision. I would personally recommend trying out bitcoin and it should be the top priority of every investor because only this asset is capable of yielding high profit in the shortest time. Knowledge is the most important weapon in the world of digital currencies and it can save a person from big blunders.
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April 15, 2018, 10:20:15 AM
 #250

Yes we should help the beginners to understand the concept of bitcoin. Nobody is born perfect. A guide or a mentor is must for a new comer in each and every field ,same is the case with bitcoin. Tell them the ways to invest and at what time they should sell or purchase bitcoin. Tell them about the virtual nature of bitcoin.Guide them properly so thay they further guide other people and more and more people will invest in it.More will be the people more will be the chances of profit.When i was a fresher i was continously guided by my brother and due to that i am able to earn maximum profit from bitcoin.
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April 15, 2018, 11:01:10 AM
 #251

Hello guys...

I have diversified my portfolio to about 25 different cryptos which were worth about 7000-8000$ just before the bitcoin crash came and I am wondering whats the exact reason behind this, when or will it recover (and so the alt coins I hold, don't have any bitcoin).

Why do almost all alt coins crash because of the bitcoin crash or correction?

My portfolio is worth only 4000$ atm.

Sorry for being an beginning idiot and asking this and thanks for everybody who can explain it to me
I exactly know how it feels to when the price crashes and you have bought at higher pricee because i have also witnesses the same situation but staying calm and avoiding all the negativity helps the best instead of getting panic and selling at the dump because hodling will give profits when market recovers.Yes the prices of most of the alts or considerably all the cryptos depends on btc because most of the people exchange their coins for btc in order to covert it into cash but have faith it will recover soon.

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April 15, 2018, 11:14:33 AM
 #252

Everyone has such a situation, who at times did not come out of the altcoins. My deposit dipped 3 times. But I do not despond, I'm sure that the altcoins-spring will come. A matter of time. Wink
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April 15, 2018, 11:24:40 AM
 #253

Yes of course helping a begginer to understand is what I'm doing when people ask me about it but somehow I don't focus into them because I have work to do sometimes that's why begginers must be more patience of getting some knowledge of things like this and like that to learn more in bitcoin. and I hopw they will not stop in that kind of person like me in asking their needs but I know that it is easy to understand if they are going to focus in learning.
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April 22, 2018, 06:43:35 AM
 #254

Hello guys...

I have diversified my portfolio to about 25 different cryptos which were worth about 7000-8000$ just before the bitcoin crash came and I am wondering whats the exact reason behind this, when or will it recover (and so the alt coins I hold, don't have any bitcoin).

Why do almost all alt coins crash because of the bitcoin crash or correction?

My portfolio is worth only 4000$ atm.

Sorry for being an beginning idiot and asking this and thanks for everybody who can explain it to me

Cryptocurrecny is very unpredictable we never know what happen in every hour or a day but one thing i will suggest to you is to hodl your bitcoin until you reach your target price or atleast you get what price you wants. Ups and down is a normal in crypto.
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April 22, 2018, 06:59:05 AM
 #255

You are new to the first bitcoin. You need a basic understanding of them. This is a valuable digital currency that is exchanged through the network. It is not prohibited by law or by anyone or by their safety. Investing in it you can become a billionaire or proletarian.
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April 22, 2018, 08:37:01 AM
 #256

Helping new people to understand bitcoin is really good because it even drives more people to the industry... it's good to always but few and solid coins when you are new and hold for a long period of time
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April 22, 2018, 10:15:23 AM
 #257

Follow me on youtube to learn those who go before the share a lot. Their knowledge of sharing is very rewarding and they have been around for years on the market. So let's learn them better.

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April 22, 2018, 01:09:06 PM
 #258

Obviously you know nothing about investing or trading and you are getting worried about it. In investing you should know its fundamental basic and its risk. You should accept the risk before you step on to it. And remember invest what you can afford to lose.

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April 22, 2018, 01:14:07 PM
Last edit: April 25, 2018, 09:33:46 AM by dynospytan
 #259

Hello guys...

I have diversified my portfolio to about 25 different cryptos which were worth about 7000-8000$ just before the bitcoin crash came and I am wondering whats the exact reason behind this, when or will it recover (and so the alt coins I hold, don't have any bitcoin).

Why do almost all alt coins crash because of the bitcoin crash or correction?

My portfolio is worth only 4000$ atm.

Sorry for being an beginning idiot and asking this and thanks for everybody who can explain it to me

Bitcoin has big role also why some coins in digital cryptocurrency are falling. The reason there is because some people were dumping their coins or bitcoin because they were panicked. Another one is, some people who are wealthy has a ability to manipulate the price of bitcoin and the other digital cryptocurrency that's why if you notice that the prices of each coins are changing. In order for you to learn, this kind of topic is one way to learn about how digital cryptocurrency works.
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April 23, 2018, 11:35:23 AM
 #260

Hello guys...

I have diversified my portfolio to about 25 different cryptos which were worth about 7000-8000$ just before the bitcoin crash came and I am wondering whats the exact reason behind this, when or will it recover (and so the alt coins I hold, don't have any bitcoin).

Why do almost all alt coins crash because of the bitcoin crash or correction?

My portfolio is worth only 4000$ atm.

Sorry for being an beginning idiot and asking this and thanks for everybody who can explain it to me

Cryptocurrecny is very unpredictable we never know what happen in every hour or a day but one thing i will suggest to you is to hodl your bitcoin until you reach your target price or atleast you get what price you wants. Ups and down is a normal in crypto.
This must be taught to a person who is newcomer to this field. This is really bad to see such people coming from different backgrounds and jumping the practical field without getting proper knowledge. That is why such scenarios are there to be seen where people are just getting panicked and selling all what they have for such low prices because they think this is the end.
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