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Author Topic: Knowledge for Newbie  (Read 4197 times)
JBauer7
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July 21, 2018, 10:02:04 AM
 #501

First of course learn. A lot. Do some research, watch experts talk about it, read bitcointalk, ask questions if something. And ONLY THEN you will be probably ready to invest. Well, of course you can invest now but I'm not sure there is big chance to succeed without knowledge. Pure luck is not something to rely on.
KarinaMix
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July 21, 2018, 10:07:15 AM
 #502

of course you can do both, but of course you should have a good idea of the crypto-currency world, knowledge should also be and you will have to study for a long time.
dillpicklechips
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July 22, 2018, 04:03:06 AM
 #503

Imagine you will enter the world without knowing nothing. It looks like you give a chance or let anyone to fool and deceive you. They will easily fool you because you don't know anything. It is also the same kn cryptocurrency you must have enough knowledge here in order to avoid those hackers, scammers or other circumstances here. Knowledge will be your best buddy here it will lead and guide you in a better way. Because every actions and decision you will do here you should think first. My piece of advice is to learn first about cryptocurrency for you to not end up losing or regretting.
mutrang23
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July 22, 2018, 04:05:38 AM
 #504

Let's start with the essential thing is to learn the information related to Crypto and Bitcoin, this will help you later. Once you have the basics, you should decide which investments to invest in Crypto: Trading or ICOs.
Hct2005
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July 22, 2018, 04:06:33 AM
 #505

As a newbie, which is the best to do; To invest(earn) or to Learn(for how long)?
Give your self at least a month to learn what are the mechanics of cryptocurrency. You have to read everyday if you want learn fast. Mistake may happen but take it as a lesson and avoid to repeat the same mistake again.
AyeshaS
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July 22, 2018, 04:38:02 AM
 #506

I'd say some basic understanding would be quite important.

There are many sites that offer information, and also these forums offer a wealth of information.

You may want to look into things like how to set up 2FA, how to apply to exchanges, how to convert fiat into your first crypto (i.e. ETH or BTC), how to buy other currencies.

And followed by project research, project history, project roadmap, team, future, potential etc.

You may make mistakes, make sure that they aren't too costly Smiley.

can u pls suggest some sites from your side...?
twicezeroiszero
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July 22, 2018, 04:44:02 AM
 #507

In my opinion, you should ask yourself: "Do you have brave enough to see the worst situation happen for your investment in the future?".
Honestly, it means you can lose all the money invested in cryptocurrency.
Even, you can lose money by some scammers in this field, not by you lose in trading or invest in ICO.
And when you have the answer to this question, I think you will have the right decision for your future.

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aimata27
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July 22, 2018, 05:00:28 AM
 #508

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

Well as a newbie, the first best thing to do is to learn all the things you need to learn before you make an investment to avoid loss or failures. It depends on you on how long you will learn but if you're a fast learner then that's even better. Once you're ready and prepared for the risks that you'll encounter, then you should  start your investment as soon as possible. Just remember, be smart at all times, don't panic and keep calm always even you're facing some difficulties on your investments.
williamphay88
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July 22, 2018, 05:02:55 AM
 #509

As a newbie too I used to do some research and practicing by small amount to get the knowledge. Experience is the best learning for me and if we just learning but not practicing I think that would takes much time to understand.
HaddenChapman
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July 22, 2018, 03:01:01 PM
 #510

As a newbie, which is the best to do; To invest(earn) or to Learn(for how long)?
Well as a person who is very new, it is going to be quite good to invest in a good coin which has a lot of projects lined up. PRG, NEO and Lisk are excellent coins and their performance is good enough to lead the market.
Henisusan
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July 22, 2018, 03:03:11 PM
 #511

Knowledge for the newbie is like the foundation, the basic for them to know exactly about crypto, about investment, and about all things inside. In my opinion, newbies need to learn both (the investment and the learn how long) including the risks and the profits. It is also important to learn about how to choose the right coins in the right time, the best coin with good concept, and the promising projects.

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Milla Kross
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July 22, 2018, 03:03:14 PM
 #512

My advice to all newcomers. It is good to learn all the information about the work of the crypto currency. Spend your precious time and you will not regret. You will avoid many mistakes. Which we touched, in due time.
BTC_BTC
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July 22, 2018, 03:05:26 PM
 #513

As a newbie, which is the best to do; To invest(earn) or to Learn(for how long)?
work while studying, I mean investing while learning.
I do not think there is a senior or a junior in bitcoin investing, everyone rely solely on speculation.
silvercrashed
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July 22, 2018, 03:13:07 PM
 #514

when I first got into bitcoin, I have invested and studied. I think this is the most effective
HectorAlden
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July 22, 2018, 03:51:52 PM
 #515

As a newbie, which is the best to do; To invest(earn) or to Learn(for how long)?
As a newbie go for these coins, TAU, NEO and ADA are excellent coins. These coins are very profitable and if you go for them, the value of your coins shall rise as soon as they are listed on new exchanges.
carlzhao
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July 23, 2018, 09:13:25 AM
 #516

Being newbie was not so fun as I had imagined once. But using of this forum was the first step for me in crypto and I recommend to read threads here as well to be ready for moves in future.

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Rosilito
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July 23, 2018, 09:18:43 AM
 #517

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

Well, may be you need to learn firsr before to invest. How would you have an idea if you have no idea what investing is, or you don't even have idea what crypto in the first place. Well, it is not that easy as you perceive it to, crypto is more than what we think. Well, learning doesn't mean takes a long time, you just need first to acquire idea, definite ideas, and then learn the process and the possible outcomes as well, and then more learnings will come once you do investing. But it is better to familiarize what you will do.
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July 23, 2018, 10:38:42 AM
 #518

Investing and holding will be the best way for you to start your crypto-career. During this moves you will understand possible process and you will get a good experience.

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HotHot143
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July 23, 2018, 10:43:21 AM
 #519

As a newbie, which is the best to do; To invest(earn) or to Learn(for how long)?
Start to and never stop it means when you started here in crypto for sure you need to learn and that will not stop even if you are lucky for a minimum in staying here. Just continue to learn because everything you've learn in here you can apply in your real life and for sure you will know how to invest wisely. Goodluck.
ligerti
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July 25, 2018, 08:13:57 AM
 #520

It is knowledge that is the key to success in the crypto market. Before starting work here, it is necessary to study the information on the market trends and selected projects.
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