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Author Topic: Imagine that you're new to crypto now  (Read 7451 times)
Coyster
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July 22, 2019, 07:23:20 PM
 #101

Well of course I'll start looking on how to earn from cryptocurrency...
If you ask me, I do not think a newcomer should go all out to start earning right from the start, that will only leave such person vulnerable to scam and losses.

If I'm new here, I'll take my time to learn the ropes properly, read ceaselessly and little by little invest in coins that I fancy, cryptocurrency investment is very dicey and it takes a whole lot of commitment and determination.

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angelo2
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July 22, 2019, 09:25:41 PM
 #102

I'd learn the market all the month (youtube, medium, twitter and charts on cmc). Only after this month I'd invest.

Agreed. The main newbies' mistake is to invest as soon as they learnt what is btc.
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July 22, 2019, 09:39:34 PM
 #103

If I could give advice to a myself in the past, then I would say "buy bitcoin and continue to study cryptocurrency". At the beginning of the road, everyone faces fear and uncertainty, because they do not really understand what a cryptocurrency is. Therefore, it takes some time.. It would also be good to have a mentor who would help the novice to understand everything faster.

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July 23, 2019, 07:17:52 AM
 #104

If I find something new to me, I would doubt it at first. Research what is it about and learn how can I benefit from it in the future. So far, cryptocurrency is very beneficial to me for the reason is that there's no limitation on what Bitcoin could offer. I could buy something using gift cards bought using Bitcoin. I could buy steam games using Bitcoin or pay bills without going on a long line. Maybe invest some of my savings for the future.
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July 23, 2019, 07:51:09 AM
 #105

Imagine that you are a new player in the crypto world and have no idea about this topic.
What are you doing now? Read the book? You invest your savings in bitcoin, maybe you look at other coins (alts) or maybe you see that the price is falling and you're waiting to buy even lower. If so, do you know when to buy? What's your plan for this moment? Smiley
Just what like we did when we first came here ofcourse,luck that I have a mentor in crypto that has been here long time so it’s not hard for me to learn and adopt the community because he’s always there to answer all my inquiries and willingness to lend me a hand everytime I need one

But what I did wayback is do some extra job,reading books watching videos over internet and read some blogs and articles

But buying!it took me atleast more than 6 months before I purchase my first bitcoin and the next is I add altcoins,also bought some ico tokens since that time there are still good project going on
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July 23, 2019, 07:55:28 AM
 #106

Getting started with Cryptocurrencies?
Well before investing in any of them I will do my homework. Read about the ones I'm interested in , study the graphs for prices and predictions and would absorb all sorts of information by taking to someone who already is in this field.
Patience has always been the key. Im gonna take help of price prediction tools and see when is the best time to buy and then wait for the bullish run.
imstillthebest
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July 23, 2019, 08:21:12 AM
 #107

Getting started with Cryptocurrencies?
Well before investing in any of them I will do my homework. Read about the ones I'm interested in , study the graphs for prices and predictions and would absorb all sorts of information by taking to someone who already is in this field.
Patience has always been the key. Im gonna take help of price prediction tools and see when is the best time to buy and then wait for the bullish run.
verry well said  . that only sound easy but in reality almost no one can do that   . lets start with patience  . not all have the patience to hold thier crypto because once you see that the value is skyrocketting , you will be esily tempted to dispose what you got  . next is doing a reasearch   , most people are just lazy to do it . what they do is to pick up a coin that they think good without knowing its source or history  . lastly , theres no such thing as price predicting tools because if there is then all of us are already wealthy .
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July 23, 2019, 06:52:57 PM
 #108

Imagine that you are a new player in the crypto world and have no idea about this topic.
What are you doing now? Read the book? You invest your savings in bitcoin, maybe you look at other coins (alts) or maybe you see that the price is falling and you're waiting to buy even lower. If so, do you know when to buy? What's your plan for this moment? Smiley
Internet is has been a major source of cryptos information via google a new player should devote some little time to read, uderstand and if possible practilise every aspect or areas that had been covered by doing so such a person will grasp the whole scope of cryptos, personally I started with creation of a blockchain wallet and moved to capthers and fausets in getting some satoshis stored in my wallet furthered with reading more books on blockchain technolonogy and finally learning how to trade which of course is a long journey however slow and steady wins a race according to an adage.

Vaculin
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July 23, 2019, 07:14:54 PM
 #109

If I were new to crypto now, I will surely make sure to study and learn what environment am I putting myself into first. I will not make any drastic actions like investing or buying something I don't even know. I will do my own research and I will make sure to know and understand everything I need to know for me to avoid doing regrets in the near future.
This should be done first before making such investments. Crypto investment brings a lot of risks so i should be ready for it by doing a lot of researches through reading articles and learning from youtube videos too. But i still think the best way to learn more is to engage in it to gain real experience in life. In this way, i could totally feel what it looks like to have a crypto investment.

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July 23, 2019, 07:18:38 PM
 #110

If you are new to crypto currency I advise that you should study the what exactly multivate in the first instance before you make any move. If you got to know crypto currency as an investment opportunity then try as much as possible to learn when to invest and when not to invest.
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July 23, 2019, 09:51:18 PM
 #111

I'd better talk with people who already have a great experience in trading (for free). I guess it's the best way to learn the market.

Agreed, and the main point is there "for free". There re a lot of fraudsters "crypto experts" which will consult you for btc or usd. Never believe in that. I guess a you can just create a post there or on reddit asking for help. There will be a lot of traders which are happy to talk with yout about the market just because they re interested in this.
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July 24, 2019, 02:12:20 AM
 #112

I will be starting from the very first step. I will be gathering as much reliable information as possible. It is better to know something thoroughly before even starting to invest on it. Probably, informational videos will be the most helpful for me as well as raising questions to some individuals who have already acquired much knowledge about cryptocurrency. And then finally, I will take a look at the price and consult the experts whether it is the perfect time to buy or wait for another time.
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July 24, 2019, 06:32:38 AM
 #113

Most of the people today tend to try something new without studying it first and most of the result they've got is disappointment or loss of something valuable to them. Trying their luck in cryptocurrencies for the first time is no difference because I experience the same during my initial days in trading cryptocurrencies. The newbies today seem to be more aggressive and adventurous than before so they should be reminded to study first the basics of cryptocurrencies before investing or trading on it.
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July 24, 2019, 08:18:04 AM
 #114

Imagine that you are a new player in the crypto world and have no idea about this topic.
What are you doing now? Read the book? You invest your savings in bitcoin, maybe you look at other coins (alts) or maybe you see that the price is falling and you're waiting to buy even lower. If so, do you know when to buy? What's your plan for this moment? Smiley

Bitcoin is discussing the biggest investment since launching dot com, crypto, and blockchain projects achieving high valuations simultaneously.
Bitcoin is indeed excellent. At present, there is no investment instrument that can provide benefits as big as this crypto currency.
in this case as a beginner must learn a lot.
for example Learn Expensive Buy Cheap Selling Strategies
The low-cost buying strategy is an alternative strategy that works for highly volatile investments. This is a very simple strategy, by selling crypto when the market will return to a bearish position and buying lots of compilation coins will rise. It just doesn't sound like a strategy - just a practical rule of crypto. However, there are certain recommendations that you must read to make a profit here.
Here, you must know when the price of Bitcoin or Ethereum rises so as not to lose money. Get you not exceeding your monthly limit to buy crypto with this strategy.
the compilation is all understood, and it understands well ... then it can generate profits. There will certainly be a lot of lists that are made to buy things or things that have been desired like car, house, clothes, jewelry, bags, shoes, and can travel to many country

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July 24, 2019, 10:46:01 PM
 #115

Imagine that you are a new player in the crypto world and have no idea about this topic.
What are you doing now? Read the book? You invest your savings in bitcoin, maybe you look at other coins (alts) or maybe you see that the price is falling and you're waiting to buy even lower. If so, do you know when to buy? What's your plan for this moment? Smiley

Of course,I will read here in forum,get some ideas and understanding about crypto before investing or whatever. Also learn first from the experienced of others. You can't jump into conclusion with out reading the headings...what i mean you can't enter into bitcoin or crypto world with out learning first about it. You need knowledge in everything of course.

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July 24, 2019, 11:26:40 PM
 #116

Imagine that you are a new player in the crypto world and have no idea about this topic.
What are you doing now? Read the book? You invest your savings in bitcoin, maybe you look at other coins (alts) or maybe you see that the price is falling and you're waiting to buy even lower. If so, do you know when to buy? What's your plan for this moment? Smiley
I know about the investment sector by accessing crypto currency and I am sure that I will be very confused when I am a newcomer in this investment field.
I remember how I joined the market, there was a lot of losses happening.  If I start it again, maybe I will make a mistake again.
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July 24, 2019, 11:31:20 PM
 #117

If indeed I am a new player in crypto currency then I will take my time one or two days to focus on learning about everything in crypto currencies. I will learn about crypto currencies from websites, from daily news, and from market movements. For me, it's important to know everything because knowledge is my foundation to continue to move better and not be wrong in making decisions. I can't be lazy to find out everything about crypto currencies. I have to understand about investing, trading, bounty, mining, and everything that involves crypto currencies. I am sure that if the road taken is based on adequate knowledge, it is impossible to make a wrong decision.
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August 03, 2019, 02:42:34 PM
 #118

If I were new to cryptocurrency now, I would have  researched very well about the different types of cryptocurrencies on the market before investing than to follow the hyped crypto coin. That would have saved me from making investment in shitcoins.
DYOR (Do Your Own Research) & Learning from other people's experiences is the best and most effective way to learn and understand something. so we don't go into the wrong place like shitcoins  Cheesy

Good, I can say that I also made some research, I discover this forum because I was interested to learn and honestly I was not wrong, I'm very thankful I find the forum as I learn a lot of techniques here on how to make money and it broaden my knowledge in crypto, it introduces me also to altcoins market which I made a decent money in the past.
I am also very grateful to this forum. This forum is very educational and very good for us to be able to increase knowledge about crypto currencies and which cryptocurrencies are best for investment  Grin
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August 03, 2019, 04:17:27 PM
 #119

Imagine that you are a new player in the crypto world and have no idea about this topic.
What are you doing now? Read the book? You invest your savings in bitcoin, maybe you look at other coins (alts) or maybe you see that the price is falling and you're waiting to buy even lower. If so, do you know when to buy? What's your plan for this moment? Smiley

Many of those options are puzzling me even now that I am not new to the market.
I think that I would still try to find a great altcoin and invest some money on it. I know that you can hardly find a good alt to invest but I think that if you are lucky enough you can make good profits.
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August 03, 2019, 05:45:39 PM
 #120

Imagine that you are a new player in the crypto world and have no idea about this topic.
What are you doing now? Read the book? You invest your savings in bitcoin, maybe you look at other coins (alts) or maybe you see that the price is falling and you're waiting to buy even lower. If so, do you know when to buy? What's your plan for this moment? Smiley
the state of the crypto world now is not the same as before. if you means in here is invest by trading, maybe the standard concept is still the same as before, buy when lower price and sell when price increase. but if you want to invest with other coins (altcoins), i think you must learn carefully that altcoins so that you don't lose your money in the next time

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