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Author Topic: Newbies to Bitcoin can be dangerous!  (Read 2810 times)
Jlimao28
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July 21, 2018, 06:47:41 AM
 #41

There are always misfortune in cryptocurrency market and the impact of this goes to newbie because some newbies made a panic selling during a crash. So I agree with your opinion Kakmakr. If a newbie in bitcoin does not have any idea then investing or doing crypto activities must be slowed yet progressive because if they make anything fast and furiousy, they are also near to the cliff.
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July 21, 2018, 06:58:34 AM
 #42

yah, but i can say there are newbies which are not dangerous and many of newbies to bitcoin can be dangerous if they do something wrong like posting the fakenews, and do something without thinking. Me as newbie, i think before i click. I have many question in bitcoin but i consult it to my friend that has a knowledge and experienced in bitcoin so that i have learned and not to do dangerous.
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July 21, 2018, 07:11:28 AM
 #43

Yeah ! But I think it depends , like what if these newbie is an expert from bitcoin ? How come? If that persons hads his first account with high rank then it is not impossible for him to have one .in short not all newbie are dangerous yes in other way they are , but just like i said it depends.
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July 21, 2018, 07:16:36 AM
 #44

Newbies can be dangerous but first of all for themselves.
Usualy they get involved with Bitcoin without enough information and knowledge having in mind only quick profit. Very often that doesn't happen and then the panic starts and because of that they make a lot of wrong decision making the situation even worse.
But like  I've said, such behaviour harms them but generaly not to the Bitcoin.

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July 21, 2018, 07:17:48 AM
 #45

there may be several reasons why a newbie is very dangerous for bitcoin, because the newbie still has no definite experience and the newbie still needs learning. this must be done because if one anticipates and stepped naya losses in the can by newbie

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Findingnemo
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July 21, 2018, 07:29:47 AM
 #46

Newbies can be dangerous but first of all for themselves.
Usualy they get involved with Bitcoin without enough information and knowledge having in mind only quick profit. Very often that doesn't happen and then the panic starts and because of that they make a lot of wrong decision making the situation even worse.
But like  I've said, such behaviour harms them but generaly not to the Bitcoin.
It doesn't affect the bitcoin but it will affect the price of bitcoin and imagine if there are lot of people just follow the wrong strategy while investing on bitcoin this will affect the future of the long time investors as well.SO they need to invest only the affordable money then only they can keep patience when the price falls.

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JeramiParan
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July 21, 2018, 07:32:30 AM
 #47

Probably yes, but not all, their are still lots of newbies around their with good mind set, and for who don't have any it is better that Sr. Members or person who is knowledgeable enough to guide them. Bitcoin is for everybody and chances are also for everybody, you/we do not have right to judge them, they're here for a single purpose to earn not just money but also knowlegde.
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July 21, 2018, 07:40:58 AM
 #48

I have run into several Bitcoin "newbies" over the last couple of months, that are spreading the wrong information on forums and/or in person. Their intentions is good, but the results is bad, because they did not do proper research.

Some of these people are selling themselves as experts, because they have been in the scene for a few months. I have been in the scene for years and I still know very little about EVERY aspect of this technology.

I think you should rather admit it, when you do not know something about the technology, than selling your little knowledge as facts. I will regularly tell people that I am not clued up with every aspect of this technology, but I always try to do proper research, when I encounter something that I am not 100% clued up on.

~ Ask, if you not sure.
~ Do not lie, if you are unsure.
~ Do proper research, before you educate other people.
~ Accept that you will not know it all.
~ Fact check what you already know.
~ Do not argue, if you not sure about your facts.

Let's agree that we all learn something new about this great technology almost every day, so only a small amount of us are experts.  Wink

A very nice opinion indeed. But the pros need to collaborate at the same time, they can help newbies to learn more knowledge at the same time help bitcoin to be more popular and such. Every pros started being a newbie sonwe should help each other in able to help bitcoin too. It is not just a thing that can be said easily, but a thing that needs commitment. If the newbie acts as if he knows everything, that is really dangerous. So all we can do is to create a good image for bitcoin.

Mat_Myers9844
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July 21, 2018, 07:43:12 AM
 #49

I have run into several Bitcoin "newbies" over the last couple of months, that are spreading the wrong information on forums and/or in person. Their intentions is good, but the results is bad, because they did not do proper research.

Some of these people are selling themselves as experts, because they have been in the scene for a few months. I have been in the scene for years and I still know very little about EVERY aspect of this technology.

I think you should rather admit it, when you do not know something about the technology, than selling your little knowledge as facts. I will regularly tell people that I am not clued up with every aspect of this technology, but I always try to do proper research, when I encounter something that I am not 100% clued up on.

~ Ask, if you not sure.
~ Do not lie, if you are unsure.
~ Do proper research, before you educate other people.
~ Accept that you will not know it all.
~ Fact check what you already know.
~ Do not argue, if you not sure about your facts.

Let's agree that we all learn something new about this great technology almost every day, so only a small amount of us are experts.  Wink
I have run into several Bitcoin "newbies" over the last couple of months, that are spreading the wrong information on forums and/or in person. Their intentions is good, but the results is bad, because they did not do proper research.

Some of these people are selling themselves as experts, because they have been in the scene for a few months. I have been in the scene for years and I still know very little about EVERY aspect of this technology.

I think you should rather admit it, when you do not know something about the technology, than selling your little knowledge as facts. I will regularly tell people that I am not clued up with every aspect of this technology, but I always try to do proper research, when I encounter something that I am not 100% clued up on.

~ Ask, if you not sure.
~ Do not lie, if you are unsure.
~ Do proper research, before you educate other people.
~ Accept that you will not know it all.
~ Fact check what you already know.
~ Do not argue, if you not sure about your facts.

Let's agree that we all learn something new about this great technology almost every day, so only a small amount of us are experts.  Wink
Yes I also noticed these things and started spreading wrong information across different Bitcoin forums
Lilmon
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July 21, 2018, 07:52:01 AM
 #50

To some extend newbies can b the worst night mare to Bitcoins since they haven't really mastered what goes on in terms of market stability and making important decision making, such are the people who willingly sell at the cheapest price as long as there is little returns earned, however they can also be an indication that the coin is growing in market cap is it continues to attract more people to it
Hudadahuda2018
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July 21, 2018, 07:53:37 AM
 #51

Yes bitcoin is very complicated currency which is not easily maintenance by anyone non educated person. Actually newbies in the forum can damages bitcoin.
What you say is true but I think personally if that person really believes in bitcoin then I'm sure even if a newbie at least can do well by asking friends to teach well so that he can not damage bitcoin.
I'm sure everyone can do or follow the rules of bitcoin as long as they can special counsel with their seniors.
veejay2716
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July 21, 2018, 08:02:27 AM
 #52

As we all know there are a lots of newbies now that gives misinformation to all bitcoin users but it depends on us if we just believe on them or not so we better need more research also before we trusted on what are they saying.
rmel0924
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July 21, 2018, 08:03:41 AM
 #53

I have run into several Bitcoin "newbies" over the last couple of months, that are spreading the wrong information on forums and/or in person. Their intentions is good, but the results is bad, because they did not do proper research.

Some of these people are selling themselves as experts, because they have been in the scene for a few months. I have been in the scene for years and I still know very little about EVERY aspect of this technology.

I think you should rather admit it, when you do not know something about the technology, than selling your little knowledge as facts. I will regularly tell people that I am not clued up with every aspect of this technology, but I always try to do proper research, when I encounter something that I am not 100% clued up on.

~ Ask, if you not sure.
~ Do not lie, if you are unsure.
~ Do proper research, before you educate other people.
~ Accept that you will not know it all.
~ Fact check what you already know.
~ Do not argue, if you not sure about your facts.

Let's agree that we all learn something new about this great technology almost every day, so only a small amount of us are experts.  Wink
Maybe it depends upon a newbie person, if he really wants to contribute good and smooth business with bitcoin, he will first learn on how to get involve with bitcoin and surely know what bitcoin is and what good contributions that bitcoin can offer to people because I believe of the saying that "little knowledge is dangerous". So before going into this crypto business we must make a little study of everything we want to in order to achieve our goal.
Elexsis
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July 21, 2018, 08:07:27 AM
 #54

Yes bitcoin is very complicated currency which is not easily maintenance by anyone non educated person. Actually newbies in the forum can damages bitcoin.
Well I think there's a place of newbies in which they can actually ask regarding about their problems but the fact that some of them are adding new topics which is not actually true or fake news that makes this forum more complicated for the investors to be trusted.
Janation
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July 21, 2018, 08:08:14 AM
 #55

What you say is true but I think personally if that person really believes in bitcoin then I'm sure even if a newbie at least can do well by asking friends to teach well so that he can not damage bitcoin.

There are a lot of things you can learn in this forum, but mostly by searching it on Google yourself. But why do we need to trust "Bitcoin" in order to do well? How come that we need to trust the crypto currency that everyone is wanting to earn unless you are an investor. He can't really "damage" Bitcoin but that user can spread wrong informations that will be accepted as the truth by some people.

I'm sure everyone can do or follow the rules of bitcoin as long as they can special counsel with their seniors.

I think we are now talking about the forum and not the Bitcoin itself since there is no way that Bitcoin has it's own rules.
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July 21, 2018, 08:11:56 AM
 #56

Indeed, most newbie only wants to make money from BTC investments.
For now, though, bitcoin is in a bear market, and while it's at a very low price, that doesn't mean it won't fall.

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genuin
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July 21, 2018, 08:13:12 AM
 #57

I have run into several Bitcoin "newbies" over the last couple of months, that are spreading the wrong information on forums and/or in person. Their intentions is good, but the results is bad, because they did not do proper research.

Some of these people are selling themselves as experts, because they have been in the scene for a few months. I have been in the scene for years and I still know very little about EVERY aspect of this technology.

I think you should rather admit it, when you do not know something about the technology, than selling your little knowledge as facts. I will regularly tell people that I am not clued up with every aspect of this technology, but I always try to do proper research, when I encounter something that I am not 100% clued up on.

~ Ask, if you not sure.
~ Do not lie, if you are unsure.
~ Do proper research, before you educate other people.
~ Accept that you will not know it all.
~ Fact check what you already know.
~ Do not argue, if you not sure about your facts.

Let's agree that we all learn something new about this great technology almost every day, so only a small amount of us are experts.  Wink
I think you are not right, in this forum free people say his opinion about bitcoin according to the experience passed by those who use bitcoin. if they say what they feel is wrong? but unfortunately not everyone can feel the good effects of bitcoin, especially about the movement of the price. If you are one of the victims of the issue spread by people you consider to be a beginner. I suggest you open an opinion for everyone, because it is the right of people
arthotdog
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July 21, 2018, 08:14:30 AM
 #58

Perfectly delivered mate,this is what the newbie accounts learn since most of the thread maker now are just newbies if not junior members

I tend to agree on that statement that we are learning eachday here,no matter how long we stayed in this forum but the reality is we dont know all the sides of the technology behind cryptocurrency
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July 21, 2018, 08:24:27 AM
 #59

I have run into several Bitcoin "newbies" over the last couple of months, that are spreading the wrong information on forums and/or in person. Their intentions is good, but the results is bad, because they did not do proper research.

Some of these people are selling themselves as experts, because they have been in the scene for a few months. I have been in the scene for years and I still know very little about EVERY aspect of this technology.

I think you should rather admit it, when you do not know something about the technology, than selling your little knowledge as facts. I will regularly tell people that I am not clued up with every aspect of this technology, but I always try to do proper research, when I encounter something that I am not 100% clued up on.

~ Ask, if you not sure.
~ Do not lie, if you are unsure.
~ Do proper research, before you educate other people.
~ Accept that you will not know it all.
~ Fact check what you already know.
~ Do not argue, if you not sure about your facts.

Let's agree that we all learn something new about this great technology almost every day, so only a small amount of us are experts.  Wink
This is a great prespective. Im so agree with your opinion because some people tend to take it too easy when it comes to information about bitcoin. But, in fact i think the newbies or even an experts in bitcoin can not just give an information without knowing deeply about something.

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July 21, 2018, 11:17:52 AM
 #60

But like  I've said, such behaviour harms them but generaly not to the Bitcoin.

It may not directly harm Bitcoin, but in the long run it could harm this entire ecosystem with how people ignore utility and focus purely on gains.

I can say without a doubt that the newbies we're dealing with this year are the worst newbies I have ever seen enter crypto. The situation will become only worse in the forthcoming years due to mainstream adoption picking up rapidly. Currently there are so many noobs pooling together in the altcoin part of the market, that I am sure every altcoin regardless of its utility and engineering will eventually fail.

Dumb money always makes the wrong decision, which should make people even more bullish on Bitcoin. Wink
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