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Author Topic: Knowledge for Newbie  (Read 4197 times)
bapangkiran
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June 13, 2018, 06:20:25 AM
 #221

I think you should know a lot about the world of cryprto because the more you know then you will be able to decide to invest more, I think you focus on collecting money first invest because if you new in crypto world and you directly invest I am afraid you do not will be lucky.
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tikaka
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June 13, 2018, 06:34:15 AM
 #222

As a novice, I think you should learn about electronic money before investing in it. It took me about 4 months to learn about it before starting to learn how to invest. Learning the experiences and strategies that big investors have done is a wise way to help you avoid risks as well as help you quickly make a profit.

ejawusa
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June 13, 2018, 06:38:13 AM
 #223

I think you better focus to collect money as much as possible because to invest according to me too early done by beginners because of fear later you will lose if directly invest.

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Bitze
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June 13, 2018, 06:39:02 AM
 #224

As a newbie, which is the best to do; To invest(earn) or to Learn(for how long)?

the mixture of both is important.
without looking at the background, it's all just gambling.
of course happiness is always part of it but at least reading and understanding whitepapers are the minimum requirements  Smiley
barry.evans
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June 13, 2018, 07:52:52 AM
 #225

Start learning crypto trading, main figures like Fibonacci, levels, dow, also be interested in bounty campaigns, they are quite profitable in long-term period. Launch crypto wallet like MEW or hard wallet, set an account on top exchanges like bittrex, Binance and others. Draw more information from telegram crypto channels.


Very good advices. Really a lot of to learn and read. Thank you!
lero34
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June 13, 2018, 08:09:39 AM
 #226

Invest in cryptocurrency is a good way to get income if the size of your savings is not very significant. Even if the rate falls strongly, you will not lose much, but with its increase, the profit will be very noticeable.
newgal2017
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June 13, 2018, 04:06:44 PM
 #227

Learning is a process which do not have an ending, it's unstoppable. People who are might not well informed or knowledgeable about cryptocurrency can eventually learn it. Cryptocurrency is an opportunity to learn, enhance knowledge and skills. Bitcoin is for everyone, regardless of age, gender, attainment in life or race.

It is vital that you gain what you need to learn first before doing any transaction in this industry, particularly investing. If you have knowledge try to expand your knowledge and stretch your understanding regarding this matter. Knowledge and decision making are essential in making investments. After all it is your money that you can let grow and produce profits or let them slip in split second right under your hands.
Perfect35
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June 13, 2018, 04:14:18 PM
 #228

I believe even as a newbie, you do not yet have much of the money to invest and even if you have it, try as much as possible to learn first
- how to analyse a project and tell whether it is good or not for investment.
- how to trade, because after getting your tokens, you will have to trade on exchange.
- when to hodl and when to sell
You also need to learn how to earn even without investing.
dumplingsandsushi
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June 13, 2018, 04:26:31 PM
 #229

Of course, the best thing is to do both.

Particularly right now, it is really great timing to jump in and invest and also learn.
We are in a pretty huge slump now and prices of coins all over the board are very low.
If you are brand new, than choose either eth or btc to spend 50% of your money in, then two other well established coins for the remaining amount.

Since the market is very bearish now, there isn't much volume or action going on, so you can just buy and hodl.
Take the time now to read up on blockchain technology, market economics, trading and investing principals, etc.
Also, observe the market but don't do anything.
Take notes on what coins do well under what circumstances and what signals value movement.

Do all of this, and you will be 100x more successful than all the other noob investors out there.

moneybit786
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June 13, 2018, 04:30:04 PM
 #230

according to my opinion there is a process that is called LIFE LONG LEARNING that mean there is no need of separate learning you can also learn by doing any task so take a step to invest and learn how trading and other things works.
X-avier
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June 13, 2018, 05:01:43 PM
 #231

I would recommend first to choose in which direction you want to develop, mining, investing in ICO, trading, bounty. If you have your free money, buy some BTC and ETH and just keep them. As long as you gain experience and knowledge, your initial investments will already bring you the first profit. Well, most importantly, if you do not develop in cryptocurrencies and want fast money, the  you will not succeed.

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jeldzrey16
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June 13, 2018, 05:13:29 PM
 #232

To join a bounty campaign. Bounty campaign may taught you a lot of things about crypto, reading some platform in ICO could gain you a knowledge how blockchain will works towards the Crypto. Soon as possible, earning tokens and make it to the market, could teach you how to Hold and Sell your tokens, soon it may be visible to your onw eyes how volume of some tokens will affect such Tokens. Earning while Learning is fun so chill bro!

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Nedrek
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June 13, 2018, 05:15:39 PM
 #233

As a newbie, which is the best to do; To invest(earn) or to Learn(for how long)?
Learn and study again. Until you yourself learn the basics of investing and trading, do not even think of buying anything!
reda
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June 13, 2018, 05:31:02 PM
 #234

First you know the cryptocurrecny will be work and how to use and you know the history of the cryptocurrency. This information helpful for easy to use all coin and choose the best coin for the future invest. If use to start the cryptocurrency day by day use. then get more information and improver you knowledge. Then easy find the new project and start the new business. So before invest any process newbie will be careful to save and invest.
kaspabha
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June 13, 2018, 05:37:23 PM
 #235

Before you jump into any new field, you need to study it well. Crypto is a very risky field. So you should have a proper knowledge. While learning you need to start it with little amounts and gather experience. When you feel that you are having adequate knowledge & experience, start the work for profit.
cizatext
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June 13, 2018, 05:42:16 PM
 #236

They both are very necessary you have to take your time to learn how the network works and get your self familiar with the market, and again is good to invest early in other to be part of the market and to take advantage when the Price will rise. So you learn and at some point you practice it may be hard at the beginning but just keep on going before you know it you become a master.
Hube950
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June 13, 2018, 05:47:31 PM
 #237

As a newbie, its good to study and learn all the pros and cons of the cryptocurrency world. How to make good use of this forum. Also its best to partcipate in airdrops as some usually doubt. getting litle tokens can help water ones thirst to start and earn more. then look into a good ICo to invest in
Bernardo lewanusa
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June 13, 2018, 05:54:36 PM
 #238

As a newbie, which is the best to do; To invest(earn) or to Learn(for how long)?
maybe you can learn from your friends who join this forum. because direct learning is more effective. if it does not exist, then you should search for information in this forum or outside the forum. in a certain time, you must understand and understand
coinmela
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June 13, 2018, 05:57:16 PM
 #239

First you should have a good knowledge about this market and then you have to take the step forward.
Renu kapoor
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June 15, 2018, 07:47:46 AM
 #240

Being a newbie it is very important for you that you must collect knowledge about crypto currency how it works, and how it raise without proper knowledge you can lost your hard earned money, small knowledge is always dangerous you can do earning  and investment both at the same time in this way you can learn speedily.

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