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Author Topic: What is the one thing a newbie should avoid?  (Read 230 times)
yayoyo
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July 20, 2018, 08:08:46 AM
 #21

First, you should not log in to any website or software that asks you to enter your wallet private key. Second, you should trade on a famous large trading platform. Don't invest easily in any ICO project!
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@oweljayr
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July 20, 2018, 04:12:45 PM
 #22

Is there anything any newbie should avoid doing when it comes to investing in bitcoin or the digital currency in general? Especially for those who dont know much about cryptocurrency yet, what advice can you give that a newbie must avoid at all cost?

I think you can go through the below topic.  It will give you the basic idea of all the scam involved relating bitcoin and crypto currencies.

https://bitcointalk.org/index.php?topic=2970157.msg30515162#msg30515162

I have opened up the link you provided and I just want to say thanks for sharing it, though I have not red it totally but at least this gave me lots of ideas about the world we live in cryptocurrencies.   
Abdul676
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July 20, 2018, 04:31:31 PM
 #23

I'm eager to know also as a newbie
dirisu2018
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July 20, 2018, 04:43:11 PM
 #24


i will advice that you do not jump at throwing your money into any coin investment, take some months to learn, i found trading very interesting when i was introduced to crypto currency but lost big because i was eager to start investing, i advice that you take your time to study and get a mentor to guide you on a daily basis.
forestgunman
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July 20, 2018, 04:47:47 PM
 #25

Remember never to store your coins on exchange for a long time, because your coins may be lost if the exchange get hacked. After buying the coins, you should transfer back to your own wallet as soon as possible.
zhanglichen
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July 20, 2018, 06:06:29 PM
 #26

Is there anything any newbie should avoid doing when it comes to investing in bitcoin or the digital currency in general? Especially for those who dont know much about cryptocurrency yet, what advice can you give that a newbie must avoid at all cost?
Firstly , I think you should learn how to protect your coins , even the best safest exchange platform is not safe , you need to keep your coins in your local computer . Secondly , you need to learn how to trade .

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July 20, 2018, 09:03:53 PM
 #27

If I were to pick one thing, I'd say replying to beggars and people who want you to contact them via other social media, give them your phone number and such. I've seen beggars like that who pm you asking for money or asking to join their pump group, or to contact them on telegram. Stay away from suspicious people that want to be your friends all of a sudden.
Next one in the list would be cloud mining and everything that looks like it.

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bitchubitchu
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July 20, 2018, 09:13:47 PM
 #28

Avoid investing your money without so much knowledge in crypto currency you will only throw your money if you do that.You must educate yourself first before investing.
ngocanh3799
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July 21, 2018, 09:02:17 AM
 #29

I am a newbie but I have not invested in bitcoin because I have too little experience. I never go into things that I do not understand to avoid financial losses.
shittypro
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July 21, 2018, 09:39:16 AM
 #30

Where here for no money investment issue im here to earn with my talent and diligence now i pick and read when i start with campaign and see what will happen in the future . if someone can be my mentor be my angel thank you
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