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Author Topic: Are you a crypto beginner?  (Read 770 times)
darmawan_lasuara
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March 01, 2018, 04:17:21 PM
 #21

when I just started trading, I wrongly put a price and it really makes me lose .. it's a bit of my experience, hopefully the bitcoiner or the traders do not experience the same thing ..

thank you
I hope you are fine sir. Hopefully this incident will not happen again to you, me and other beginners.
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TerezaMay
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March 01, 2018, 07:58:55 PM
 #22

Thank you man for the tips, 2 out of 4 errors already did, but it's in fact one error because i accidentally deleted metamask extension and all my not saved keys go to hell Shocked
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March 01, 2018, 09:01:13 PM
 #23

Are you new at crytpo and you seem to be making mistakes left and right?

Not to worry. A big part of the learning experience are the mistakes we make as newbies while still finding our feet.

Some are hilarious while others can have devastating consequences. But, all these common mistakes can be easily avoided with a little research.

Here are a few of those:

1. Lost Keys

It is different from forgetting your password or your pin where you can request to reset your pin or have it sent to your email address. There is no customer care for the blockchain and no way to recover your key if you lose it. Be sure to keep this secure at all times.

2. Keeping Coins in Online Wallets

Most newbies after signing up with an exchange service and purchasing their first cryptocurrencies neglect to take them out of the exchanger’s website. Again, this is another case of ignorance, laziness or a combination of both. Be on the look out for this.

3. Not Keeping Hard Copies of Important Information

Very simple yet very effective. Make sure to keep hard copies of everything.

4. Fat-finger Error

Fat-finger error can be defined as a human error that occurs when the wrong key is pressed on a computer (or smartphone) keyboard. Some of the most calamitous trading errors ever recorded in the financial market has been due to fat-finger errors. So type very very carefully.

So there you have it.  Be sure to take a good read and be aware of these easily avoidable common mistakes.

Cryptocurrency transactions are irreversible and as such, the onus is on the user to carry out due diligence before carrying out any transaction.
Thanks for the tips and guidelines. Though i already been informed about these i still have to be reminded. Sometimes human limited capabilities forgets and it is a serious matter to be neglected. Imagine you’ve work for 2-3 months and waited to get paid or invest your hard earned money and just lost them because of negligence.   
connorord
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March 03, 2018, 07:39:08 AM
 #24

im beginner learning to invesment in some coin can make good profit, need to know what best website review about crypto ?
taeewo
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March 03, 2018, 08:16:17 AM
 #25

I have never made mistakes on crypto before as i do much research before initiating anything...
fundyourself (OP)
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March 05, 2018, 02:59:49 AM
 #26

Thank you man for the tips, 2 out of 4 errors already did, but it's in fact one error because i accidentally deleted metamask extension and all my not saved keys go to hell Shocked

With pleasure! Hoping this article will help a lot more beginners as we can never be too careful. And it doesn't hurt to get constant reminders as well.

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Nik007
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March 05, 2018, 07:48:39 AM
 #27

As a beginner i can relate to the first one
Turagsoy02
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March 05, 2018, 10:54:28 PM
 #28

Are you new at crytpo and you seem to be making mistakes left and right?

Not to worry. A big part of the learning experience are the mistakes we make as newbies while still finding our feet.

Some are hilarious while others can have devastating consequences. But, all these common mistakes can be easily avoided with a little research.

Here are a few of those:

1. Lost Keys

It is different from forgetting your password or your pin where you can request to reset your pin or have it sent to your email address. There is no customer care for the blockchain and no way to recover your key if you lose it. Be sure to keep this secure at all times.

2. Keeping Coins in Online Wallets

Most newbies after signing up with an exchange service and purchasing their first cryptocurrencies neglect to take them out of the exchanger’s website. Again, this is another case of ignorance, laziness or a combination of both. Be on the look out for this.

3. Not Keeping Hard Copies of Important Information

Very simple yet very effective. Make sure to keep hard copies of everything.

4. Fat-finger Error

Fat-finger error can be defined as a human error that occurs when the wrong key is pressed on a computer (or smartphone) keyboard. Some of the most calamitous trading errors ever recorded in the financial market has been due to fat-finger errors. So type very very carefully.

So there you have it.  Be sure to take a good read and be aware of these easily avoidable common mistakes.

Cryptocurrency transactions are irreversible and as such, the onus is on the user to carry out due diligence before carrying out any transaction.

thanks will keep this in mind Smiley
alexsnz
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March 06, 2018, 09:15:31 AM
 #29

I am also a Newbie, here security plays a very important role. Therefore, to start buying crypto currency, you first need to know how to protect it and protect yourself.
I very much regret that I did not learn about the Crypto currency in 2013-2016.
phantuanvu007
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March 06, 2018, 01:06:54 PM
 #30

I usually do not do enough steps above thank you Grin Grin
Elena.Rybakova28
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March 06, 2018, 03:25:43 PM
 #31

which wallet is more suitable and easy to store coins?
alexsnz
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March 06, 2018, 08:46:01 PM
 #32

which wallet is more suitable and easy to store coins?
https://www.myetherwallet.com/
jerryspringer
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March 06, 2018, 09:41:12 PM
 #33

Is it safe to store my tokens on metamask or should i put it on mew? I kinda like the convinience on metamask
fundyourself (OP)
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March 08, 2018, 02:28:36 AM
 #34

Appreciate the responses we get here. If you have any other helpful tips, please feel free to add to this.

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manik1996
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March 08, 2018, 02:53:35 AM
 #35

Thanks your details information for the beginner, I think maybe help all beginner this post.

Quote
1. Lost Keys

It is different from forgetting your password or your pin where you can request to reset your pin or have it sent to your email address. There is no customer care for the blockchain and no way to recover your key if you lose it. Be sure to keep this secure at all times.

2. Keeping Coins in Online Wallets

Most newbies after signing up with an exchange service and purchasing their first cryptocurrencies neglect to take them out of the exchanger’s website. Again, this is another case of ignorance, laziness or a combination of both. Be on the look out for this.
johnhobb
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March 08, 2018, 06:14:56 AM
 #36

it's very helpful, thanks for your information
fundyourself (OP)
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March 09, 2018, 02:53:35 AM
 #37

Though making some mistakes is part of the learning curve, I believe, being informed is also the best way to learn.

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nguyenthicamtu
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March 09, 2018, 03:13:28 AM
 #38

Are you new at crytpo and you seem to be making mistakes left and right?

Not to worry. A big part of the learning experience are the mistakes we make as newbies while still finding our feet.

Some are hilarious while others can have devastating consequences. But, all these common mistakes can be easily avoided with a little research.

Here are a few of those:

1. Lost Keys

It is different from forgetting your password or your pin where you can request to reset your pin or have it sent to your email address. There is no customer care for the blockchain and no way to recover your key if you lose it. Be sure to keep this secure at all times.

2. Keeping Coins in Online Wallets

Most newbies after signing up with an exchange service and purchasing their first cryptocurrencies neglect to take them out of the exchanger’s website. Again, this is another case of ignorance, laziness or a combination of both. Be on the look out for this.

3. Not Keeping Hard Copies of Important Information

Very simple yet very effective. Make sure to keep hard copies of everything.

4. Fat-finger Error

Fat-finger error can be defined as a human error that occurs when the wrong key is pressed on a computer (or smartphone) keyboard. Some of the most calamitous trading errors ever recorded in the financial market has been due to fat-finger errors. So type very very carefully.

So there you have it.  Be sure to take a good read and be aware of these easily avoidable common mistakes.

Cryptocurrency transactions are irreversible and as such, the onus is on the user to carry out due diligence before carrying out any transaction.

I just lost my Qbic coin in my window wallet but I don't know why reason. Someone  entered my wallet and sent all my coin out.  Embarrassed Embarrassed
itsmesanti
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March 09, 2018, 03:35:41 AM
 #39

Hello may i know what is the best and secured wallet to use as a beginner?
SuiMikira
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March 09, 2018, 03:53:36 AM
 #40

Hello may i know what is the best and secured wallet to use as a beginner?
I'm newbie, for now i'm using Metamask and MEW for ETH and ERC20 tokens, they're good and used by milion people. You can try, also get a good antivirus app to protect yourself. Don't get fish.
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