New to Crypto, Any Advice?

[Ctn]

Hello, Im new to the Crypto world and wanted to hear some advice from the pro's on where to start. i havnt purchased any coins yet, but i have been using coinpot and various faucets. I was wondering if i should keep going with this or is it a waste of my time. Also they say theres no fee for converting coins, but i dont get the same conversion rate as i do on the coinmarketcap calculator. Basically id like to hear from the professionals maybe a strategy for really small trades, or that this is a waste of time and buy some coins with my hard earned money and go from there lol. and if thats the case, where to go. im in Canada by the way, if that helps.

       Thanks for any help you can offer me. I hope to get more active in the forums and meet great/smart people along the way


                                                                                                                            Matt

Yes surely you will do that all over the time. Just keep in mind that crypto currency are real bad ass in terms of their volatility. This affects many things, faucet earnings, trading patterns, fees, regulations and much more. Yes that alone can do all these things and can kill the whole story. What I think about crypot is very simple, you dont do anything here with emotions, dont make any noise while doing the trades because you should do it very calmest possible. 

You are getting lot of other tips and advices up there but do remember all my points when you will follow their tips and advices. 

[Dudeperfect]

First of all welcome on board, if you're looking to gain knowledge about Bitcoin and cryptocurrencies then you are on the right platform. I would recommend you to invest your time before investing your money. Spend as much as your time in reading valuable post and try to learn and understand the things. Crypto market is highly volatile in nature so do your own research before making any investment decision. Remember you can lose your money if you're doing it in the wrong way so you are responsible for your actions.

[Xenrise]

Advice? DYOR. I started as a wandering newbie in bitcoin world. What I did was to study all the fundamental things that matters in cryptocurrencies. So Just Do Your Own Research for you to be a successor of cryptocurrency.

[jackky]

thanks alot for your help, i will check out binance. do u know what the minimum deposit is? also what kind of fees do they have on trades?

I am also a newcomer to the Crypto market, so many people think that in this market, to make the most profit we should invest in Bitcoin because Bitcoin is supposedly A sound currency will have a good future.

[sabine80]

Hello, Im new to the Crypto world and wanted to hear some advice from the pro's on where to start. i havnt purchased any coins yet, but i have been using coinpot and various faucets. I was wondering if i should keep going with this or is it a waste of my time. Also they say theres no fee for converting coins, but i dont get the same conversion rate as i do on the coinmarketcap calculator. Basically id like to hear from the professionals maybe a strategy for really small trades, or that this is a waste of time and buy some coins with my hard earned money and go from there lol. and if thats the case, where to go. im in Canada by the way, if that helps.

       Thanks for any help you can offer me. I hope to get more active in the forums and meet great/smart people along the way


                                                                                                                            Matt

if you like faucets, give iq cash a try. iq cash is a token on the wave platform. you have to solve some easy puzzle and for every puzzle you get one iqcash token. first of all you need a wallet on https://waveswallet.io/
with the address from the wave platform, you can go to https://iqcash.net/ and solve some puzzle. its all for free and you can make some trades with the iqcash token on the wave platform.

[Tyrantt]

Also, you might want to follow John McAfee on twitter, he has like "coin of the week" posts and that coin usually spikes in price in the next few days.

Yeah, this could effective if you're looking to make a few easy bucks. I don't necessarily trust him, but his endorsements do carry some weight, as detailed in this article:

https://medium.com/the-daily-bit/pump-and-dump-the-mcafee-effect-35e6437a9890

Do note, however, that he could very well just be orchestrating pump and dumps, so you shouldn't trust him blindly.

Just like nothing else tbh, but he's good for the smaller investments like up to 20$ or something like that, nothing much to lose but will bring in some good profit otherwise. Might as well, I don't know, but however it can still bring in some nice profit.

[Zackgeno96]

Also, you might want to follow John McAfee on twitter, he has like "coin of the week" posts and that coin usually spikes in price in the next few days.

Yeah, this could effective if you're looking to make a few easy bucks. I don't necessarily trust him, but his endorsements do carry some weight, as detailed in this article:

https://medium.com/the-daily-bit/pump-and-dump-the-mcafee-effect-35e6437a9890

Do note, however, that he could very well just be orchestrating pump and dumps, so you shouldn't trust him blindly.

Don't follow McAfee, many people have already lost their money on many occasions.

https://motherboard.vice.com/en_us/article/9knnpz/john-mcafee-twitter-coin-of-the-day-cryptocurrency-markets

Its better to have your own research before investing into any coins.

[Bluehorizon365]

Hello, Im new to the Crypto world and wanted to hear some advice from the pro's on where to start. i havnt purchased any coins yet, but i have been using coinpot and various faucets. I was wondering if i should keep going with this or is it a waste of my time. Also they say theres no fee for converting coins, but i dont get the same conversion rate as i do on the coinmarketcap calculator. Basically id like to hear from the professionals maybe a strategy for really small trades, or that this is a waste of time and buy some coins with my hard earned money and go from there lol. and if thats the case, where to go. im in Canada by the way, if that helps.

       Thanks for any help you can offer me. I hope to get more active in the forums and meet great/smart people along the way


                                                                                                                            Matt

Hey there ! I think its great that  you started in crypto. but personally i would suggest you read about the coins that interest you and if you believe in them invest but dont trade as its very risky and volatile. Just hold on to them and wait for the long term just like the bitcoin ! Alot of people who were trading it back then regret when the price went sky rocket ! just buy what you believe in and hold for long term

[Games.Bitcoin]

There are a few method's for buying crypto, the one I advocate is buying a set amount monthly, use only what you can spare from your personal budget and buy that much monthly for the most part you should be able to make decent savings and ROI.

[Rana590]

I think you should avoid the faucet. It is waste of time. You can purchase some good potential coin. Don't buy dead or inactive coin. Try to know about coinmarketcap as you are new on it.

[lillyann]

Some say that trade is a form of gambling. While these two things have something in common, at the same time, they are very different. While gambling, there is a certain likelihood of both winning and failing. However, when you trade assets, it becomes much more complicated. That's why this point will help you understand how to earn Bitcoins through trading.

The simplest method in this case is arbitration, the concept of which is very simple. We buy on a given exchange rate on one stock exchange and immediately sell on the other at a higher price. However, you should make sure that we can sell the asset immediately at a certain price. If it fails, then talk about speculation. In this case, you can buy a cryptocurrency and then wait until its price increases so that you can earn Bitcoins.

[Rodon]

Well, my main advise would be: don't do anything without learning a lot about Bitcoin before. And also, never forget to invest only money that you can afford to lose.

[koincik]

Unfortunately, no one in crypto money market can give any serious advice to anyone. Because the market really is not very stable. My recommendation is not to rush as you make your decision and remember that while the price of Bitcoin rises both as it goes down, almost all of the altcoin lose value. You should not forget that you can always fall to the bottom, and you can go on top. Crypto money can always lose more value. If you do not have an idea on this topic, you can look at the charts of altcoin between March of this year and March of this year.

[boltz]

Don't be rushy to buy cryptos that's the first thing you must learn here and always trust your researchies. Another advice would be to never invest what you cannot afford to loose.

[MakeMoneyBtc]

First of all I want to say that ,from my opinion, faucets are just a waist of time because you spend a few hours everyday for just a few bucks wich is horrible and I think you can do other useful things in that time. Personally I dont know very much about trading but I know that a lot of people make great profit from it, but in the same time it is pretty risky if you do the wrong things.

I would say it is a good thing for the beginning to just buy some coins from your money and learn more about bitcoin. Keep in mind that there are fees when you exchange bitcoin into cash or vice versa when you buy bitcoin with cash because nothing is free. You could fins persons that sell you bitcoins with no fee but you still have to pay fees for bitcoin transactions.

[longwintershere]

Hello, Im new to the Crypto world and wanted to hear some advice from the pro's on where to start. i havnt purchased any coins yet, but i have been using coinpot and various faucets. I was wondering if i should keep going with this or is it a waste of my time. Also they say theres no fee for converting coins, but i dont get the same conversion rate as i do on the coinmarketcap calculator. Basically id like to hear from the professionals maybe a strategy for really small trades, or that this is a waste of time and buy some coins with my hard earned money and go from there lol. and if thats the case, where to go. im in Canada by the way, if that helps.

       Thanks for any help you can offer me. I hope to get more active in the forums and meet great/smart people along the way


                                                                                                                            Matt

airdrops are mostly waste of time. Investments in the projects you consider to have the most of the potential makes sense to me. But then make sure to brace yoruself for a good ride

[Karavadinos]

Hello, Im new to the Crypto world and wanted to hear some advice from the pro's on where to start. i havnt purchased any coins yet, but i have been using coinpot and various faucets. I was wondering if i should keep going with this or is it a waste of my time. Also they say theres no fee for converting coins, but i dont get the same conversion rate as i do on the coinmarketcap calculator. Basically id like to hear from the professionals maybe a strategy for really small trades, or that this is a waste of time and buy some coins with my hard earned money and go from there lol. and if thats the case, where to go. im in Canada by the way, if that helps.

       Thanks for any help you can offer me. I hope to get more active in the forums and meet great/smart people along the way


                                                                                                                            Matt

Faucets are not profitable at all and they are just a waste of time, they give a small amount of money comparing to what they earn from you opening their sites, the best ways to earn cryptos especially bitcoin is to simple use your skills if you have ones such as designing or writing to get hired and paid with bitcoin, or buy and hold which i don't recommend it because it is a way risky, otherwise you can work in signature campaign then you will be able to gain bitcoin and knowledge as well.

[btcprospecter]

Everyone has to start somewhere.
Faucets in my opinion are a waste of time and effort, you do get small amounts but compared to the amount you may of earned a couple of years ago. Saying that tho small amounts you get now could increase in years to come.

It could be a good idea to maybe look into buying btc from the likes of coinbase and signing up to bittrex cryptopia or other exchanges.

Really it all depends on how much you are willing to invest it's not like you have to buy a full btc. Have you thought of mining and trading what you mine? 

[Lieldoryn]

You may not waste time on faucets. It's no use. I recommend that you thoroughly study the topic of bitcoins. You can use information from Google, chat here on the forum. You can earn a small amount on the forum, but it is only a bonus for you. You will need to buy coins and trade on the stock exchange. When you have experience it is not difficult. The most important thing in crypto-Economics is knowledge and desire to work.

[Nakakapagpabagabag]

I'm not pro when it comes to trading, My advice to you is to start at the beginning. Here in the forum there are many opportunities, you can use your hidden talents. If you know how to make a signature you can apply it here. If you are an expert in translating English into your language you can apply here. By that you can earn altcoins you can use as a starting point in trading.