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Author Topic: I am a newb but I want to invest... any thoughts?  (Read 725 times)
newb2pro (OP)
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August 17, 2018, 09:44:44 AM
Last edit: August 17, 2018, 10:05:53 AM by newb2pro
 #1

Hi, guys and gurus! Nice to meet you all.  Cheesy
I've been coming to the forum time to time, but it's my first time posting.
I need some advice...

I bought BTC and lost 90% of my money a while back. It wasn't all my savings or anything, but it was quite a loss. A friend of mine told me about the bitcoin - but I didn't know anything about this crypto world so I still kick myself for being so dumb - and I got in without research. Snap, and it was gone.  Sad
I guess I should have been smarter, should have done my research, should have come here before and so forth... but what's done is done.

But now that I do more reading and follow this crypto market, I am more and more convinced that cryptocurrency is going to boom soon and I don't want to miss out!

I've been looking around recently and found out this thing called 'airdrops' and from what I understand they basically give you some coins for free!  Shocked
I think it's a good thing cuz I don't feel comfortable about the risk of putting money in but at the same time can get a bit of coin for free.
But it also means that I can't really spend it or exchange it for cash for a long time, right?

The airdrop event my friend and I found is this thing called Coindrop, and apparently I can make up to like 60,000 SEEDs. (Here is the link: coindrop.link)
I'm a bit cautious but it sounds like really good opportunity, so I figured I'd ask you experts.

So what do you guys think?  Huh
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August 17, 2018, 09:48:57 AM
 #2

Hi, guys and gurus! Nice to meet you all.  Cheesy
I've been coming to the forum time to time, but it's my first time posting.
I need some advice...

I bought BTC and lost 90% of my money a while back. It wasn't all my savings or anything, but it was quite a loss. A friend of mine told me about the bitcoin - but I didn't know anything about this crypto world so I still kick myself for being so dumb - and I got in without research. Snap, and it was gone.  Sad
I guess I should have been smarter, should have done my research, should have come here before and so forth... but what's done is done.

But now that I do more reading and follow this crypto market, I am more and more convinced that cryptocurrency is going to boom soon and I don't want to miss out!

I've been looking around recently and found out this thing called 'airdrops' and from what I understand they basically give you some coins for free!  Shocked
I think it's a good thing cuz I don't feel comfortable about the risk of putting money in but at the same time can get a bit of coin for free.
But it also means that I can't really spend it or exchange it for cash for a long time, right?

The airdrop event my friend and I found is this thing called Coindrop, and apparently I can make up to like 60,000 SEEDs.
I'm a bit cautious but it sounds like really good opportunity, so I figured I'd ask you experts.

So what do you guys think?  Huh
If you not sell any of your bitcoins yet then you lost nothing since you itself mentioned that the market can boom at any time so hold your coins until to make money.

Doing airdrops is a way to make money but it is hard to find the legit aidrops,most of them were scams and worthless to do,you can try bounties if you want to make money which is better than airdrops.

newb2pro (OP)
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August 17, 2018, 09:51:10 AM
 #3

I forgot to put the link to the Coindrop thing. Sorry. I guess you guys need this to check it out for me, right?
coindrop.link
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August 17, 2018, 09:58:19 AM
 #4

You already know the point before making any investment, wich does some proper research, if you want to participate in ICO you should do more research from team background to that token it self. And yeah you can make some bucks by doing airdrop, but it's not that much money cause you just do some simple task like following twitter and filling a form after that. If you want to make more money I suggesting you do some bounty campaign, of course, if you to join signature campaign you'll need a better rank, but as a newbie you can participate in facebook, twitter, LinkedIn and many more, I guarantee that you will earn money quickly by doing bounty instead of joining airdrop
edit:
I forgot to put the link to the Coindrop thing. Sorry. I guess you guys need this to check it out for me, right?
coindrop.link
ah if you refer to that specific airdrop i have no idea cause there no official thread about that here. And just want to tell you that there plenty airdrop here, if you want to join bunch of them, is ok, its only take your time :3

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bottdto
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August 17, 2018, 10:09:49 AM
 #5

As a newcomer, you should first read about cryptocurrencies and blockchains, do research and analysis on the market, humbly consult professionals, and finally make tentative investments based on your personal abilities.
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August 17, 2018, 10:25:48 AM
 #6

As a newcomer, you should first read about cryptocurrencies and blockchains, do research and analysis on the market, humbly consult professionals, and finally make tentative investments based on your personal abilities.

True. The first step, should be learning everything related to cryptocurrency world and know well the characteristics of crypto market. But, It's sometimes hard to get the professional traders who want to share their experiences and knowledge. If any trader groups, it may be better to follow them.  

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August 17, 2018, 05:52:16 PM
 #7


--Snip---

Just wondering how you lost 90 % in Bitcoin. It is definitely you get scammed or invested in a fake ICO.

I will recommend you to read the below 2 articles before doing any further investment.

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

https://bitcointalk.org/index.php?topic=4586576.msg41375668#msg41375668

I am alive
DisBITcus
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August 17, 2018, 05:58:38 PM
 #8

I consider the beginner the same кpиптoвaлютчик as well as all. And he can invest a toga whenever he wants. The only thing is that newcomers need to know more information. It is necessary to visit such forums more often. To get acquainted with the opinions and advice of those who have long in the crypto currency. To minimize the risks.
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August 17, 2018, 06:06:57 PM
 #9

Investment is very good in crypto
but as a newbie, you have to be smart and intelligent.

DO ALOT OF RESEARCH, FIGURE OUT A PURPOSE, IDENTIFY THE PROJECT
and then you invest.

Don't mix it up, and do the right things always
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August 17, 2018, 06:10:15 PM
 #10

The Basecoin token also costs $ 1. However, the team uses the principle of consensus to reduce and expand the offer of their koin. When the price of coins falls below $ 1, the owners of coins are asked to buy promissory notes, and the coins used for such purchases are destroyed. As a result, the supply of coins is reduced and the price is rising. To increase the offer, act in the opposite way. Advantages: The project is supported by well-known funds, the developers studied in the most prestigious universities in America. Disadvantages: Trust in the issuance process is required
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August 17, 2018, 06:15:43 PM
 #11

First of all, you didn't make your research before investing into this volatile space. You would have made your research first before investing in my opinion. Airdrops are good if you find the right one but they are largely valueless when you receive the airdropped tokens
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August 17, 2018, 06:15:53 PM
 #12

Being a newbie in crypto market isn't responsible for your loss, sometimes even an experienced trader can lose his money.
The market is unpredictable, just want to advice you to keep holding until you feel favourable chance
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August 17, 2018, 06:24:11 PM
 #13

Hi, guys and gurus! Nice to meet you all.  Cheesy
I've been coming to the forum time to time, but it's my first time posting.
I need some advice...

I bought BTC and lost 90% of my money a while back. It wasn't all my savings or anything, but it was quite a loss. A friend of mine told me about the bitcoin - but I didn't know anything about this crypto world so I still kick myself for being so dumb - and I got in without research. Snap, and it was gone.  Sad
I guess I should have been smarter, should have done my research, should have come here before and so forth... but what's done is done.

But now that I do more reading and follow this crypto market, I am more and more convinced that cryptocurrency is going to boom soon and I don't want to miss out!

I've been looking around recently and found out this thing called 'airdrops' and from what I understand they basically give you some coins for free!  Shocked
I think it's a good thing cuz I don't feel comfortable about the risk of putting money in but at the same time can get a bit of coin for free.
But it also means that I can't really spend it or exchange it for cash for a long time, right?

The airdrop event my friend and I found is this thing called Coindrop, and apparently I can make up to like 60,000 SEEDs. (Here is the link: coindrop.link)
I'm a bit cautious but it sounds like really good opportunity, so I figured I'd ask you experts.

So what do you guys think?  Huh
You right airdrops can bring you some coins for free. But now, when the crypto market in such a bad situation airdrops will not bring you good profits. Now is a good time to buy coins.

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August 17, 2018, 06:47:49 PM
 #14

Invest wisely. Here is a project which I found promising where one can earn coins forever. Worth investing.
It's a good project and is in its initial stage. Intended to work for IOT and Nano-Tech.
Seems profitable.
They introduced PMA (Permanent Master Address), most probably they are restricting founder's profit and providing the same to miners and investors.
More Info about this crypto and project is here Doppler Website
https://bitcointalk.org/index.php?topic=4553663.0
An airdrop is also going to conclude this week which you can opt for now.
All contact links and information on their website.   
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August 17, 2018, 06:53:31 PM
 #15

Find coins that can 5x-10x. DO not try to make 50% on one coin, because the risk is so large the payoff needs to be a lot bigger. Of the top 25 coins right now only good play I can see is Tezos. Good luck!

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August 17, 2018, 06:56:52 PM
 #16

First of all I always wish the newcomers success! And I want to give advice. Always think a hundred times before investing. After all, I do not want the first setbacks to frighten you. And you have ceased to believe in the future of the crypto currency.
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August 17, 2018, 06:59:59 PM
 #17

Everyone makes mistakes when they first start out investing.
After all, almost the entire crypto market is made up of unlicensed and inexperienced investors.
You learn through trial and error, research and experience.

As far as airdrops though, honestly, your post kinda seems like a cleverly disguised advertisement.
But I will still give some advice.

My advice is: airdrops are a waste of time.
The reward is typically insignificant and the value of the coin you receive rarely goes up.
This is because from a business model standpoint, airdrops actually destroy value instead of create value.
If the airdrop brings in awareness and new investors it can work, but that is rarely the case.

Your time is better spent doing bounties instead of airdrops if you want to go the "get free coins" route.

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August 17, 2018, 07:05:55 PM
 #18

You can not invest in what is unknown. To begin with, you need to understand what kind of asset is this - cryptocurrency and how to properly reinvest them and at what point it is necessary to do it. Otherwise, you will lose all your savings.
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August 17, 2018, 07:11:11 PM
 #19

My best advice is to not invest on anything yet, since you are a newbie. You already did try to invest before and made some huge loss (wont be considered loss as long as you are still holding your coins and have not sold anything yet). This time, instead of rushing into investment, try to learn the market first. Learn from your previous mistakes. Then try investing small amount and experiment the market.
Airdrops, to be honest are just waste of time. You need to be extremely lucky to get some airdrop that ends up being quite successful. Do remember these are just free coins given away, so the value will be extremely small.

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August 17, 2018, 07:15:47 PM
 #20

You can not invest in what is unknown. To begin with, you need to understand what kind of asset is this - cryptocurrency and how to properly reinvest them and at what point it is necessary to do it. Otherwise, you will lose all your savings.
That is why he need to learn a lot before he will do his first move, he needs to understand how this market works and what he could expect after enter into the market.
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