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Author Topic: The best advises to the Newbie  (Read 2230 times)
krogothmanhattan
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May 16, 2018, 05:03:54 PM
 #21

Yes Digital Gold is an excellent book to get started with for sure.

Plenty of great information on this forum, after all it was started by Satoshi himself!

Best advice for newbies, don't leave your digital gold on the net or any exchange, but HODL it in a paper wallet or hardware wallet such as Trezor.

If you buy anything in here with BTC always use escrow! Better safe than sorry!


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DrewXland
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May 27, 2018, 08:04:38 PM
 #22

Best advice is:

1 Do your research
2. Do some bounty hunting as you won't be losing any of your own money
3. When you have some funds, take part in ICOs
4. Stay safe, get cold storage for your crypto and have Metamask for accessing MEW
5. Keep your computer clean - don't visit dubious sites
6. Help others out without being taken advantage of
7. Learn and continue to improve
8. And,oh enjoy the ride :-)
Behene
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May 28, 2018, 06:14:56 PM
 #23

I have benefits that i get from this forum i love to read to educate myself
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May 29, 2018, 08:04:06 AM
 #24

This post for beginners in blockchain, cryptocurrency, mining.

At first you need to read these books:
1)Nathaniel Popper - "Digital Gold" (the history of bitcoin)
2)Don Tapscott - "Blockchain Revolution: How the Technology Behind Bitcoin Is Changing Money, Business, and the World"
3)Andreas M. Antonopoulos - "Mastering Bitcoin: Unlocking Digital Cryptocurrencies"
4)Abraham K White - "Cryptocurrency: Mining, Investing and Trading in Blockchain, including Bitcoin, Ethereum, Litecoin, Ripple, Dash, Dogecoin, Emercoin, Putincoin, Auroracoin and others (Fintech)"
5)Christian Newman - "Bitcoin From Beginner To Expert: The Ultimate Guide To Cryptocurrency And Blockchain Technology"

Watch these videos (all are free in Youtube):
1)How Bitcoin Works Under the Hood
2)How the blockchain is changing money and business | Don Tapscott
3)How the blockchain will radically transform the economy | Bettina Warburg

Go to the conference, find friends who interested in this theme as you!

Read more in this forum and ask if you dont understand something !!!


I've been looking for references! Reading a book is the best way to get started because books have direction and usually have proper topic progression.

Thank you very much for sharing your recommendations!!
Minerall
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June 01, 2018, 08:08:05 AM
 #25

The very first thing you need to do is learn about the basics of cryptocurrency market. The market is very complex and complicated. You can lose evertyhing if you are not ready. So, do yourself a big favour and learn what you want to do.
digroske
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July 06, 2018, 04:28:32 AM
 #26

Thanks very much for this info. Just getting into it so looking forward to learning more!
I read with great interest. Thanks for the enlightenment and the explanatory and detailed presentation. I learned a lot of useful things.
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July 06, 2018, 05:57:11 AM
 #27

Neevr invest in any ponzi schemes such as MLM model. Never try to trading. Only hold and watch.
TienDat9517
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July 06, 2018, 05:59:46 AM
 #28

Let me just start by saying, this is all very high risk. Don’t invest what you can’t afford to lose. i think first work is search google  Roll Eyes Roll Eyes
Sir.Stevenson
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July 06, 2018, 04:01:27 PM
 #29

Hi there!

A really great exchange I've found for beginners trading is Covesting.

Covesting (https://covesting.io/) is a new exchange and trading platform, that leverages all the highest grade essentials you expect from the best exchanges, but they've made it much more intuitive and easier to use.  Additionally as a novice you can copy-trade and partner with experienced traders while your learning.  Some traders will offer their portfolio and success rate so that you can see and decide whether or not to copy their trades.  The site also has a ton of additional tools and features to educate users.  There is a section called "crypto intelligence", where you can find expert tips, trade ideas, latest relevant news and articles, as well as educational resources and technical analysis lessons.  I believe they will be introducing a podcast also.

If you're a little apprehensive about the safety and security, this platform is DLT licensed - registered under Gibraltar jurisdiction which follows the most rigorous KYC policies.  Assets are protected by the majority funds being held in cold storage, meaning only the necessary funds are accessible for immediate transactions. There is also 24/7 online support for any quires you may have while starting out.  

As you develop your trading skills, you can then decide (if you wish) to share your trades and gain followers so that you may benefit an additional 18% profit - per follower from your successes and gained knowledge. So, not only is it great for beginners, but the professional traders and everyone in between. The platform is so new that it's currently in is beta version, however is due to launch this quarter.  Basic functionality is usable now, and is a great opportunity to prepare for the official launch.  

Anyway, that's my tip for getting started with trading. I believe it's the most secure, educational and performance enhancing way to learn and grow that I've seen so far.

Enjoy and best if luck!
daobitcoin
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July 15, 2018, 03:45:07 PM
 #30

I think the sincere advice for the newbie is:
1. Study the video youtube sharing on how to trade coin and trade coin with small amount to practice psychology when trade.
2. Engage in bounty campaigns and airdrops to earn free tokens.
MoneyTalksfrHK
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July 16, 2018, 04:11:35 AM
 #31

I think the sincere advice for the newbie is:
1. Study the video youtube sharing on how to trade coin and trade coin with small amount to practice psychology when trade.
2. Engage in bounty campaigns and airdrops to earn free tokens.

I can agree with this.
Inasal03
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July 17, 2018, 12:54:31 AM
 #32

My advise for newbies they need to read so they can learn and to know about bitcoin just keep reading they will understand what is bitcoin and if they dont understand something they can us the other peoples here. Because when im a newbie i did that until now im still learning here in bitcoin many thing we can learn and alaso we need to follow a rules the the number one😊
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July 17, 2018, 03:52:49 AM
 #33

Nice share of information for newbies. For me, what I can advise to newbies is to learn first before investing. It pays to study the project and its chances for its success before putting in your money. Also, invest only what you can afford to lose.  Smiley

We are here to give you all the latest from the Cryptocurrency space!
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July 24, 2018, 11:12:12 AM
 #34

Read and read as much as you can, and understand the world.
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July 24, 2018, 03:10:30 PM
 #35

reading is always useful for general development, and if you read for deep development in some area, it's just fine, because the more you read and learn the more you understand that you do not know anything
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July 24, 2018, 04:25:31 PM
 #36

I would add: Do your own research and dont invest when people tell you too, there is always personal convenience in those recomendations. If people tell you to invest in a coin, that is problably because he or she owns that coin and want it to worth more. Also be carefull with big bumps, and never trust that youtubers that tell you that a particular coin will grow a lot.

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July 24, 2018, 09:31:02 PM
 #37

Interesting I would like to read some of them to learn more of the crypto currency, This is useful and can help every newbie to start the journey in crypto.
wvizmanos
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July 24, 2018, 11:54:44 PM
 #38

The YouTube videos are great for people like me who need to catch up with quickly.

Do these books have free online versions?
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July 25, 2018, 10:21:18 PM
 #39

Don’t just ask random stuff as that will never give you any merit. Be smart.
bitgogo123
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July 26, 2018, 09:16:30 AM
 #40

Youtube is a great place for novices to learn. I also know the bitcointalk forum because Youtube, and learned in the forum if you complete the bounty mission! Lol
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