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trust09man (OP)
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November 09, 2018, 03:14:46 PM
 #1

Hello Everyone.

I am new to crypto market, though I have done some reading and trend analysis, I seek your advice and help on what are the major Do's and Dont's when trying to invest?

Please guide me regarding where to invest and how to go about it?

Thanks
cytpoway121
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November 09, 2018, 03:55:26 PM
 #2

Not much to teach  in crypto currency trading
You should learn how to fully understand and deal with arbitrage and candles

Learn do always do your own research always
Avoid FUD
And dodge FOMO
Expect losses and profits

Have fun exploring
EncryptKnomes
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November 09, 2018, 03:57:25 PM
 #3

welcome to the community Smiley

1) my first bit of advice would be to always do your own research instead of just going off of what people say online
2) best things to research about a project is the whitepaper concept, the team, the roadmap, and how far along they are (I'd rather go for a cryptocurrency with a working product like Ethereum, Plutus, Stellar etc. than the ones who only have a whitepaper as they tend to be more legit)
3) trading is not easy, it takes a lot of time which I don't have (crypto comes 2nd to my actual work). I do however have faith in crypto so I prefer to invest and hold long-term
4) Do keep your coins somewhere safe and secure (best option is a cold wallet), centralized exchanges are not liable for anything that goes wrong
5) Don't chase the cryptocurrencies that have just skyrocketed as tempting as it is
6) risk management is the key

I don't know how much you know already but this is just a few that popped into my head, i'm sure the rest of the community will have some better pointers Smiley
eagleman
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November 09, 2018, 04:01:44 PM
 #4

Welcome here!

The first reminder that you should do before investing is only invest what you afford to lose.
These words are easy to read and hear but its hard to apply, many are still failing on how much they are investing.
knightmairesaint
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November 09, 2018, 04:05:04 PM
 #5

Hello Everyone.

I am new to crypto market, though I have done some reading and trend analysis, I seek your advice and help on what are the major Do's and Dont's when trying to invest?

Please guide me regarding where to invest and how to go about it?

Thanks

For starters, you should read and understand the posts located at the beginers and help. You can see the do's and dont's there. All the policies and warnings, what to do when dealing with a certain issue or problem, and what to expect here in bitcointalk.org. in addition, many essential ideas and topics are located there. It will be beneficial if you just read there and understand what mostly the higher ranking bitcoiners are saying. Always pay attention and do what mostly the legendary rankers are saying for which they have many experiences here. Also be wary of the posts of those who have red trusts, for which they have been punish (given a red trust) for a reason.

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Gozie51
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November 09, 2018, 04:17:05 PM
 #6

These words are easy to read and hear but its hard to apply, many are still failing on how much they are investing.

You are correct and that is where emotional maturity helps a trader. Experience too goes along way because these are usually repeated patterns especially when looking at the candles sticks when trading.

.
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Piskeante
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November 09, 2018, 04:22:52 PM
 #7

my advice is to leave fast before you realise this is a world were 95% of people lose money, and big whales get richer.

you are like the meat to feed sharks in this world.

BTC no more than 6k by end of 2019. ETH no more than 300$ by end 2019. Huge market manipulation, huge amount of scammers and hypers.
Airelves09
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November 09, 2018, 04:39:19 PM
 #8

Keep a heart of encryption learning. At the same time maintain a good investment mentality. This market can make you gain or lose. Never greed for more. Otherwise, you will lose more.


awazieik
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November 09, 2018, 04:39:53 PM
 #9

Hello Everyone.

I am new to crypto market, though I have done some reading and trend analysis, I seek your advice and help on what are the major Do's and Dont's when trying to invest?

Please guide me regarding where to invest and how to go about it?

Thanks

Great that you have come to the space prepared. There is not much to learn except using old time wisdom such as never investing more than you can lose and not falling for projects that don't make common sense.

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tycsols
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November 09, 2018, 05:02:18 PM
 #10

If you are really new to crypto world i will not suggest you to invest straight away, just read more and more , know about everything crypto here on this forum and also try to google and youtube if you want to know more about a specific thing or term, then after few weeks of research you can start with small first investment then increase your investment as your confidence grows, this is the best, safe and low risk way to enter this market for new members.

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MetalGear
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November 09, 2018, 05:12:33 PM
 #11

Hello Everyone.

I am new to crypto market, though I have done some reading and trend analysis, I seek your advice and help on what are the major Do's and Dont's when trying to invest?

Please guide me regarding where to invest and how to go about it?

Thanks
Being newbie in this forum you should gather more data and information about investing or trading so that you start without any worries. Having enough knowledge about it will really help to make more income. Do not try to invest in untrusted website and always check the website. You should choose trusted site when you do investment.
ABDUL86
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November 09, 2018, 05:17:58 PM
 #12

Brother to be very frank no one is tech you in one post and never you can learn in few week.i suggest to you kindly read articles and post regarding crypto market,and kindly watch atleast 20 coins trend on daily basis I hope you learn alot.

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KuyaBreezy
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November 09, 2018, 05:19:11 PM
 #13

Advice that helped me to stop the loss of money, first, always make your investments with your head, not with your heart, that means don't get carried away by fud or fomo, always analyze what is happening in the market and if what happens is a temporary or permanent situation, that will allow you to make the predictions necessary to generate some profit or minimize loss.

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November 09, 2018, 05:24:52 PM
 #14

Hello Everyone.

I am new to crypto market, though I have done some reading and trend analysis, I seek your advice and help on what are the major Do's and Dont's when trying to invest?

Please guide me regarding where to invest and how to go about it?

Thanks

Here are the things you need to follows pal:

1. Continue reading about in Blockchain, Bitcoin, Cypto's, and other things that are related on this one.
2. If you want to start trading, you be prepare or ready for the things what you can afford to loss in or in some
other terms do it at your own risk.
3. Just always start from the basic whether it is on trading, bitcoin, mining and more.
drants
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November 09, 2018, 05:28:55 PM
 #15

Hello Everyone.

I am new to crypto market, though I have done some reading and trend analysis, I seek your advice and help on what are the major Do's and Dont's when trying to invest?

Please guide me regarding where to invest and how to go about it?

Thanks
Hello! to me, the most important thing to understand is that whatever mistake may occur, life still goes on. and invest the amount you can afford to lose, that's for sure!

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cryptobull3
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November 09, 2018, 05:31:58 PM
 #16

Congratulations and welcome to crypto society , first thing i suggest is that fear when every one is greedy and be greedy when everyone is fearful , Don't follow fake NEWS and never invest money in crypto that you can't afford to lose.

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VanityWallets2015
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November 09, 2018, 06:05:04 PM
 #17

Hello Everyone.

I am new to crypto market, though I have done some reading and trend analysis, I seek your advice and help on what are the major Do's and Dont's when trying to invest?

Please guide me regarding where to invest and how to go about it?

Thanks
It is completely a very good and exciting experience being a newbie, I have been told many things, the do’s and don’t that I have to follow and if I tell you something very personal then these bitcoin accounts are very sensitive and you have to be precise while writing posts because you will never know when your account will get banned but the most important advice is that never copy and paste your post and write minimum four lines which should be unique and new and just enjoy your safe bitcoining as now you are self dependent and you need not to rely on your parents for very small things.

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November 09, 2018, 06:10:33 PM
 #18

If you want to strart invest i think BTC and ETH is the best choose for you.
Don't try to start trading before you know about market.
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November 09, 2018, 06:15:52 PM
 #19

If it is true that you are a beginner in trading, there are a number of things you must do
- Choose an exchange that has more altcoin pairs and high trading volume.
- Try to determine which coin you will trade (do research wisely before doing this)
- Determine whether you will trade daily or long term.
- Make sure you use funds that you are ready to lose (because trading is not as easy as we imagine).

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November 09, 2018, 06:18:58 PM
 #20



Just want to share a little since most of the responses here have already covered the basic things you must do and avoid. On my part, I would say that you stick to those coins and tokens that have already proven their value over time and please don't get too adventurous and join the shitcoins club (of course if you have the money to burn that would be no problem). And always be careful not to be victimized by scams which is already everywhere in the world of cryptocurrency. There are many opportunities in this industry but just like the Wild Wild West there are also pitfalls that must be avoided by learning from the disasters others already encountered and by always watching your back. Good luck to your endeavor. Lastly, hodling is not always profitable.
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