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Author Topic: I am a crypto newcomer , where should I start?  (Read 591 times)
pptIox (OP)
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November 17, 2018, 09:45:35 AM
Merited by krogothmanhattan (1)
 #1

My friend introduce crypto to me last month, and my friend also told me about this forum. then I bought 2 BCH few days ago, because I saw my friend also bought BCH. now there are 2 coins in my wallet called BCHSV. My friend told me that this is also BCH,but I still don't understand it. Now my concern is that their prices have been falling, and I don’t know if the price will rise again.
It was obviously a bad start for a crypto newcomer. Now what should I do, where should I start?
I have spent some time getting familiar with here. here are so many altcoins here, but I don't know which one is worth investing?
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HODL2090
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November 17, 2018, 09:57:58 AM
 #2

Newbie, read before posting this is a good place to start.

If you are new to this some I believe your primary objective should be learning, before you consider investing. You do not just dabble into an investment options.
Read, learn more about this forum.
qweqwe2121
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November 17, 2018, 09:58:10 AM
 #3

Don't bother thinking about what is good to invest, think about how you can get cheap prices and sell at high prices, all back to you. You only need to analyze every Coin you want to buy. I'm not great about this, but profits are I get enough. I am always interested in coins with small supplies. It would be better if you feel a loss while learning to trade, because from there you will know how to anticipate it, Good luck.
Marshall14
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November 17, 2018, 10:01:21 AM
 #4

There are more than enough tools and online articles for you to do your own investigations,and as always it's important for users to make their own conclusions and speculations in this network and never adopt anothers strategy
Well I understand the panic you're in at the moment as the price has fallen and considering your new on board,but it's a regular phenomenon,the price is unpredictable and unstable,thats one very feature if the network you must get acquainted with
So it's now up to you to research on the factors that trigger a rise/fall..

But as always I'll advice you to hold on to your BTC
And invest in well established ALTS
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November 17, 2018, 10:04:13 AM
 #5

In cryptocurrency you don't make your decision on others direction you should have first understood what cryptocurrency is about. Well you bought two Bch that is a good capital from my point of view. Well you can hold and see what happens

[ M O B U ] The Investment Bank of the Future
The Security Token Protocol and Licensed Security Token Exchange
https://mobu.io/
Lunalionn
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November 17, 2018, 10:07:48 AM
 #6

My friend introduce crypto to me last month, and my friend also told me about this forum. then I bought 2 BCH few days ago, because I saw my friend also bought BCH. now there are 2 coins in my wallet called BCHSV. My friend told me that this is also BCH,but I still don't understand it. Now my concern is that their prices have been falling, and I don’t know if the price will rise again.
It was obviously a bad start for a crypto newcomer. Now what should I do, where should I start?
I have spent some time getting familiar with here. here are so many altcoins here, but I don't know which one is worth investing?
First of all, I think you should spend more time to learn about crypto currency, when you have enough basic knowledge, I'm sure you will know where to start. Goodluck to you.
baobao2000
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November 17, 2018, 10:30:39 AM
 #7

Here is good place for you to start with cryptocurrency. I start with bitciontalk last year. You can get a lot of information just hang out in the forum. There are section discussion about trading and altcoins. I think it is better to read and learn more first and try to gain more knowledge before trading.
Ridmal.Cryptoguy
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November 17, 2018, 11:25:01 AM
 #8

Read the articles on this forum & search in google. Alao you can learn using youtube vedios. There are a lot of things to learn before doing crypto trading. But remember you have a lot of things to learn while trading also. I believe the word learn & Earn. Follow it. You will be a successful trader one day. Im also still learning.
nakamura12
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November 17, 2018, 12:28:15 PM
 #9

This board will be like your source of information, tips, guides, and even opinion from experts in this forum. The first step for you is read all stickied thread  before starting what you want to achieve here in bitcointalk forum.

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Mr.trader
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November 18, 2018, 05:04:20 AM
 #10

My friend introduce crypto to me last month, and my friend also told me about this forum. then I bought 2 BCH few days ago, because I saw my friend also bought BCH. now there are 2 coins in my wallet called BCHSV. My friend told me that this is also BCH,but I still don't understand it. Now my concern is that their prices have been falling, and I don’t know if the price will rise again.
It was obviously a bad start for a crypto newcomer. Now what should I do, where should I start?
I have spent some time getting familiar with here. here are so many altcoins here, but I don't know which one is worth investing?
you should not invest upon others tips or because if your friend invested e might be having different plans , why dont you ask your friend only about what to do
and if your friend as good knowledge ask him only where to start from
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November 18, 2018, 06:53:04 AM
 #11

If you don't know where to start, don't rush to invest in anything, but fortunately, you bought BCH, which is at least not a shitcoin. BCH is much better than other altcoins. Don't cry and wait patiently, it will go back.
You can often come here and go around, you can learn a lot of things, it will help you.

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cool mango
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November 18, 2018, 06:59:35 AM
 #12

even i am new to crypto i searched many sites they had info about topic but not getting clarity about the topic i guess i should get experience 
Dudeperfect
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November 18, 2018, 07:24:05 AM
 #13

I always strongly recommend newbies to invest their time before investing their money. One should invest as much as time to do research about the crypto sphere in order to understand it. Sadly, most of the newbies expect to earn money in the first week itself which is not a wise expectation in my honest opinion, especially when they don't have much idea about it. Start with the beginners and help section where you will find answers to most of your questions as a newbie. Bitcoin or any other cryptocurrency is a payment system which gives some more advantages as compared to that of traditional fiat system and we should view it in that way.
stoxalpha
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November 18, 2018, 09:41:05 AM
 #14

Wow, your investment style is very dangerous. My friend named .bch is now facing a huge threat. This is not gambling, here is the investment! You should invest a small amount of money to learn trading knowledge and learn more about the differences between coins, such as why Bitcoin is so expensive or why Ethereum has smart contracts.

Juggy777
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November 18, 2018, 11:43:53 AM
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My friend introduce crypto to me last month, and my friend also told me about this forum. then I bought 2 BCH few days ago, because I saw my friend also bought BCH. now there are 2 coins in my wallet called BCHSV. My friend told me that this is also BCH,but I still don't understand it. Now my concern is that their prices have been falling, and I don’t know if the price will rise again.
It was obviously a bad start for a crypto newcomer. Now what should I do, where should I start?
I have spent some time getting familiar with here. here are so many altcoins here, but I don't know which one is worth investing?

Hey the investment you have made falls under herd mentality, wherein you have brought because your friend brought it. When you bought bitcoins cash there was news of their fork happening, and their prices were falling down it's surprising you did not even do simple research. While you have Bch ABC and Bch Sv currently only Bch ABC is the legitimate coin just hodl your coins, once a guide comes how to fork the existing do it, so this way you'll get two more Bch coins so your total will become four. I would recommend you to invest in bitcoins, and for alts you can add ripple that's one coin I can say is worth investing.
Chantella
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November 19, 2018, 08:33:12 AM
 #16

Has anyone come across projects that during ICO look for investors and later on say that they were merely contributors?
pptIox (OP)
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November 19, 2018, 10:05:33 AM
 #17

Thank you for your help, I now know what Bch ABC and Bch SV are. But now both of them are falling, what happened? I am scared!
Will this market become better next year?
jossiel
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November 19, 2018, 10:12:49 AM
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Thank you for your help, I now know what Bch ABC and Bch SV are. But now both of them are falling, what happened? I am scared!
Will this market become better next year?
There no one that can assure you if the market will become better by next year. The prices are falling not only for those coins you hold but for every cryptocurrencies in the market, in short the crypto market is falling for awhile. And this can stay for long or its just a short time fall. And what you should do is create a plan and DYOR (Do your own research).

Don't be scared, as I've said if you DYOR then you are aware on what's the potential result of the market. Right now, you have the power to decide to sell both coins you have. You just imitated what your friend done by buying BCH and that's not your sole decision right? buying before the fork is okay but you should also lean on your own decision making.

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pptIox (OP)
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November 19, 2018, 10:53:31 AM
 #19

Thank you for your help, I now know what Bch ABC and Bch SV are. But now both of them are falling, what happened? I am scared!
Will this market become better next year?
There no one that can assure you if the market will become better by next year. The prices are falling not only for those coins you hold but for every cryptocurrencies in the market, in short the crypto market is falling for awhile. And this can stay for long or its just a short time fall. And what you should do is create a plan and DYOR (Do your own research).

Don't be scared, as I've said if you DYOR then you are aware on what's the potential result of the market. Right now, you have the power to decide to sell both coins you have. You just imitated what your friend done by buying BCH and that's not your sole decision right? buying before the fork is okay but you should also lean on your own decision making.

Thank you, I feel better now, I will learn more about crypto, and I will not buy any crypto easily in a few months. If the price of BCH is not going back, I will not complain again, this was my own decision and wil not weaken our friendship.
I have started to like crypto a little bit now. Smiley
ethicalpinoy
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November 19, 2018, 09:30:31 PM
 #20

You should start reading and reading alot on this forum. Keep learning and learning that's the only secret to success. Don't try to jump through hard things trust me you will not get any further. That's based on my experiences.
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