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Author Topic: Advice for a crypto beginner?  (Read 704 times)
pey
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April 19, 2018, 10:20:47 AM
 #21

Invest that in bitcoin if you want to take risk as low as possible or invest in oax now it is $0.64 pretty cheap. I do believe in project and recommend it.

chillitabit
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April 19, 2018, 10:27:11 AM
 #22

I just got $250 in BTC for a bug bounty. What should I do with it? Hold, or invest elsewhere?
I already bought 8 ETH a few weeks ago.

In need of advice. Don't really know how to get into crypo, but I definitely want to. Could somebody point me in the right direction?

Edit: Also, can somebody enlighten me as to what /r/BTC and /r/Bitcoin disagree on? I've looked at both sides, but I honestly still don't know what both sides are.

btc and bitcoin disagree on bitcoin vs bitcoin cash issues. Just check what bitcoin cash fork was and why it took place. Regarding the advices, I recommend you to try to provide the value for the community while investing, I believe that is the way this industry can thrive, if people not only speculate but also do some good for the community.
mariayaz
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April 19, 2018, 10:28:15 AM
 #23

You bought 8 ETH without having any knowledge and experience about cryptocurrencies? That's where you did your first mistake. First learn and get knowledge about it then invest. 8 ETH is a good investment.

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Omosomofa
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April 19, 2018, 10:31:47 AM
 #24

Since you have the money from bounty I will advice to either keep in your wallet or sell to use for Personal things in life. Reason why saying so is that no investment is guarantee to last longer again. I have my own experience I invested $1100 in program but hoping to get more percentage to pay back but at the end they run anyway with our money. So I concluded not to invest again. But am not discouraging you not to invest but be very careful on where to invest the money in. Do solid research about the platform and after some time like 4 to 5 months take your money back so that you will not later run at lost or complain. And then continue your bounty program to win more. Is very rewarding if only you follow sincere company..
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April 19, 2018, 10:32:07 AM
 #25

I just got $250 in BTC for a bug bounty. What should I do with it? Hold, or invest elsewhere?
I already bought 8 ETH a few weeks ago.

In need of advice. Don't really know how to get into crypo, but I definitely want to. Could somebody point me in the right direction?

Edit: Also, can somebody enlighten me as to what /r/BTC and /r/Bitcoin disagree on? I've looked at both sides, but I honestly still don't know what both sides are.
Is better to invest it in other altcoin or ico to make more profit, better before you invest in any project make sure you take your time to study the project to avoid lost
Flayme
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April 19, 2018, 10:34:17 AM
 #26

Before you start in crypto, most especially in crypto-trading, you must have the knowledge and this forum will help you a lot, thru reading, you could get more learning and knowledge from this very helpful forum. Study the trade, pick some certain coins or tokens and study their trading history, volume and prices and their stability.



I agree to you...  If you are a begginer in the world of cryptocurrency it is difficult especially if you have only a bit of knowledge and experience about crypto... Uaing this forum to get enlightened about the related information about cryptocurrency is better...  If you are a begginer you've need to study lots...  Trading and investing is good if you are knowledgeable enough...  Have a lots of experience and always be patient someday you will one of a professional crypto user...
Iamdavid
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April 19, 2018, 10:35:16 AM
 #27

My little advice is that bee commers shouldn't be in a hurry for the profit but be patient with their investment as good things takes time to mature.
MostafaGamal
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April 19, 2018, 10:38:33 AM
 #28

You must learn first in order to keep your money, in my opinion you should dividing money (if surplus on your need) part of the investment and part for hold that's will be good .
mast3rm1nd
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April 19, 2018, 10:38:39 AM
 #29

the best and most important thing to do in my opinion is to do your research very carefully and to be mindful of your investments. and regarding the bounty; if you think this coin has  a future you hold and if not (maybe the development team is lazy and unmotivated) then you cash your earnings out and invest elsewhere. you need to learn a lot of things for your investment to be safe.

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Shingaling
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April 19, 2018, 10:42:30 AM
 #30

The first thing to do is to research the important things about cryptocurrency and read articles or forums here in biycointalk.It is better to gather first information before start.
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April 19, 2018, 10:44:50 AM
 #31

Before you start in crypto, most especially in crypto-trading, you must have the knowledge and this forum will help you a lot, thru reading, you could get more learning and knowledge from this very helpful forum. Study the trade, pick some certain coins or tokens and study their trading history, volume and prices and their stability.



I agree to you...  If you are a begginer in the world of cryptocurrency it is difficult especially if you have only a bit of knowledge and experience about crypto... Uaing this forum to get enlightened about the related information about cryptocurrency is better...  If you are a begginer you've need to study lots...  Trading and investing is good if you are knowledgeable enough...  Have a lots of experience and always be patient someday you will one of a professional crypto user...

My advise for you is to read and study about crytocurrencies and you should have to learn from it. Also, you must need to understand the market trend at coinmarketcap site where you can see the price history in every coin. Choose from their on your selected coin and check it's market performance before you invest. However, if you want a secure and promising profit, I think you should stick with bitcoin since your investment could even increase higher than the alts.
realcrypto
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April 19, 2018, 10:49:24 AM
 #32

As a beginner you will probably make some mistakes that may break your heart, Just  bare in mind that you will loss in some of the investment you will go into no matter how careful you will try to be. You also need patience because some of the coins will not appreciate immediately.

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Rossy Akbar
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April 19, 2018, 10:52:20 AM
 #33

Well,  I think investing was so much better for long term currently,  because the price is still down now I think isn't that good to sell it. Just waiting till the price up again,  but it's all back to you, maybe you can sell it if you need it urgently.
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April 19, 2018, 10:52:33 AM
 #34

The besting to do when you are planing to invest is to research first the background of the ico you want to invest,  you must learn and have knowledge before you go in kinds of investment to avoid lost.

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siti25
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April 19, 2018, 10:56:26 AM
 #35

Before stepping on how to Trading Bitcoin For Beginners, we must first understand the concept of all types of Trading / Trading in this world. The main concept of trading is "Sell at a price that is more expensive than the price when buying", so it is clear this concept is RITEL concept, which is buying at wholesale prices, and selling it at retail price.


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ajiejot
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April 19, 2018, 10:57:23 AM
 #36

For me, it is really hard in the beginning. You should first learn the basic, keep reading and watching videos in youtube. Always be active on different forum about cryptocurrency. You should also keep joining on different group like in facebook or telegram channel, ask questions on some master here in cryptocurrency.
Ethan Manson
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April 19, 2018, 10:59:18 AM
 #37

If you are new then this means your skill set is lacking, given that you don't have trading skills you are better off holding until you do have the skillset. Practice paper trading and be cognitive of the outcomes of your paper moves (trades where money isn't on the line). In terms of what to hold I would definitely keep BTC. Its extremely undervalued atm
babala
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April 19, 2018, 11:00:45 AM
 #38

For ETH, it has now high value, but then, do not sold it yet if you are aiming for bigger profit. Wait until its highest price so that you can maximize your earnings. For bitcoin, there is no other option but to hold it since the price is low as compare to last year's price where it reached its maximum. Just wait for the proper time then if you realized that are now earning then trade it.
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April 19, 2018, 11:01:39 AM
 #39

I just got $250 in BTC for a bug bounty. What should I do with it? Hold, or invest elsewhere?
I already bought 8 ETH a few weeks ago.

In need of advice. Don't really know how to get into crypo, but I definitely want to. Could somebody point me in the right direction?

Edit: Also, can somebody enlighten me as to what /r/BTC and /r/Bitcoin disagree on? I've looked at both sides, but I honestly still don't know what both sides are.

I think you have already got in the crypto. The amounts which you mentioned are really good and I think you should hold your coins in this term, because the prices are still down. In my opinion, you should just wait for your profit. Good luck!
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April 19, 2018, 11:02:27 AM
 #40

I just got $250 in BTC for a bug bounty. What should I do with it? Hold, or invest elsewhere?
I already bought 8 ETH a few weeks ago.

In need of advice. Don't really know how to get into crypo, but I definitely want to. Could somebody point me in the right direction




Edit: Also, can somebody enlighten me as to what /r/BTC and /r/Bitcoin disagree on? I've looked at both sides, but I honestly still don't know what both sides are.


Before you invest in crypto,just make some research and observation of the development of certain coin but I suggest that bitcoin is still the best investment among other cryptos.

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