Warning for newbies

[Kimonoe]

Don’t invest in ico’s unless you do a ton of research.

Many of the last projects were either scams or were projects that didn’t have a chance to succeed for various reasons.

This is another big issue. Even if the project you have invested into is not a scam it is one that dies because of least support and useless whitepaper which is unable to attract real investors. As you said, everyone is supposed to do deep research on projects before involving with them and if you are lazy enough for that, simply go for the projects that are already popular and trusted by people.

we have to really know the project being invested because if we can't find out then we can get stuck on a scam project and possibly also projects that don't have potential in the future. knowledge must be possessed when investing and other things must be supplemented

to analyze projects requires skills, so don't give up easily to learn to analyze a project. in this forum a lot of suggestions that can be learned so that we avoid fraud projects. therefore we must have an open mind to absorb a lot of knowledge

[Thomas-s]

It's a good one, only if this newbies will adhere to your advise, then it will help them, but I'm sure most won't do research because they feel it will waste their time because they need to cash out fast and as a result will end up in loss. Well the key thing here is alays invest what you can risk to loose.

it will be like you said. newbies come to the market and first, they invest in the cryptocurrencies that they buy according to the recommendations of friends or some bloggers. They lose their money and only after they lose money they go to the forums to look for the answer to why this happened. only after losing money they are getting experience and then they begin to analyze new projects and learn how the market works

[Brunus]

Thanks for the good advice, but there will always be fools attracted by amazing promises of easy money that will be seduced by the swindler on duty.
As Barnum said, a fool is born every minute ....

[Drai]

1) Do better research on new projects before promoting them or investing a penny on them

This is very important and the acronym DYOR was invented for a reason, this has got to be one of the golden rules of cryptocurrency investments, always research every aspect of a project, the team, the project itself, their product and many other things before you commit any funds and never invest more than you can afford to lose.

2) Visit scam accusation thread on the forum time to time, it will safe you a lot too

This is the link to the scam accusation thread for newbies who doesn't know- https://bitcointalk.org/index.php?board=83.0

[desticy]

It's a good one, only if this newbies will adhere to your advise, then it will help them, but I'm sure most won't do research because they feel it will waste their time because they need to cash out fast and as a result will end up in loss. Well the key thing here is alays invest what you can risk to loose.

It is quite difficult to do your own research if you do not have experience.
Even if you do this, the risk of making a mistake or missing something is too high, which means that you can easily choose a worthy project.
Such negative experience is easily fixed in the minds of beginners and discourages any desire to conduct new research. First you need to gain experience and only then conduct your own research.

[curly228]

Yeah, that right, newbies must be very careful because day by day scammers are getting smarter

[Jamalkm74]

First of all Don't invest in ICO because it’s now dead, If fresh investors invest in crypto world then needs collect  more and more information, and then invest in crypto, always careful is important.

[gedarchitect]

My warning for newbies is to avoid investing in any kind of ICO and most especially avoid been greedy and always do alot of research before investing in any kind of altcoins. Another warning is to avoid clicking on any kind of links when surfing the internet

[henrybek3]

New friends should not open new titles immediately. They should read open topics. They will find answers to many questions they have. A new era has begun for people. Bitcointalk is the place to discuss a new economic order. You need to learn first to make money.

[superving]

Newbies needs to be prepared for this coming new year, scammers will try to take advantage of that year because bitcoin halving is already dropping the HYPE in crypto space  already, Learn to do research better, not all bad results in crypto are because a project failed, mostly are because of lack of research, with no good research you can easily fall for scam projects.

1) Do better research on new projects before promoting them or investing a penny on them

2) Visit scam accusation thread on the forum time to time, it will safe you a lot too

3) If you you have to invest always invest what you can afford to lose.

a person will not be a victim of   scam if they dont entertain messages from unknown people. Have a little knowledge on the project on the project they investing , like whos the member of team of they legit or just copied photos or infos of the true person. 

[cotton ball]

For newbie better joining with free way how to get bitcoin and altcoin without have investing, they have learn from earn altcoin from bounty campaign and airdrop project, they will understand later whit bounty campaign coin come from, after know whit ICO and IEO working they will understand about which one have to invest and get much profit for their investment.

[reallester]

Newbies needs to be prepared for this coming new year, scammers will try to take advantage of that year because bitcoin halving is already dropping the HYPE in crypto space  already, Learn to do research better, not all bad results in crypto are because a project failed, mostly are because of lack of research, with no good research you can easily fall for scam projects.

1) Do better research on new projects before promoting them or investing a penny on them

2) Visit scam accusation thread on the forum time to time, it will safe you a lot too

3) If you you have to invest always invest what you can afford to lose.

Thanks for the advise. Everyone need these. I especially love #3 because crypto space as a whole is volatile. So when investing, we need to bear in mind the need to investing with spare funds or funds we can afford to lose

[Kvalentine]

To say the truth nobody warned me when i entered into crypto space, back then i never knew this forum even existed and i did make many mistakes, those mistakes are the reason i am still standing strong today, its good to warn others but making mistakes is the way to learn better

[b1boy]

This cant be stressed enough but researching project wont save you from been scammed in the crypto currency world so I believe newbies should mostly or only invest in bitcoin and other top coins because I believe 85% to 90% of new IEO and ICO are scam and you getting defrauded

[makolz26]

For all the newbies, don't be too much hype and too much excited with cryptocurrencies thinking that this is just easy money that you can have. Although, there are a lot of people who are earning more of it than their usual income, that they have fulfilled their dreams and becomes rich doesn't mean that they made it instantly, it's not really a magic at all, it took them a lot of time and effort too before they achieved it.

[Kunnu]

Your all three points are effective especially the second one but I don't think these points are enough to aware newbies these days the scammers have various legerdemain to harvest newbies and they're getting successful in their ridiculous work but I hope better understanding, advises and instructions about investment will be very helpful for newbies and to having these kind of knowledge they must follow experienced people who have seen lots of ups and downs so it will be definitely helpful.

[LordShanken]

I think one of the most important tips for beginners and definitely one of the most useful tips is: "If something looks too good, it's almost certainly a scam."
Unfortunately, but no one gives away money for free and usually offering great opportunities to earn, scammers extort money from wanting to earn fast, inexperienced users.

[tambok]

I think one of the most important tips for beginners and definitely one of the most useful tips is: "If something looks too good, it's almost certainly a scam."
Unfortunately, but no one gives away money for free and usually offering great opportunities to earn, scammers extort money from wanting to earn fast, inexperienced users.

That's very true especially if they said that if you will invest to them, you will be sure win and you will for sure have sure profit, with this kind of promises, it is not real, they are just attracting users by telling you sweet lies for you to believe them. What you should focus is their platform itself, what they are doing for development and marketing.

[Polar91]

It is plain and simple, just be vigilant, make all decision supported by facts and research. Because at this era, scammers and fraudster are more intelligent than most people what more if they are newbies in the field of cryptocurrencies? I am not saying they shouldn't believe on anyone here, but the best thing to do is to make use of the trust system we've established on this forum. And make sure to ask them because their experience is more powerful than the knowledge of these scammers.

[Kersh768]

Newbies needs to be prepared for this coming new year, scammers will try to take advantage of that year because bitcoin halving is already dropping the HYPE in crypto space  already, Learn to do research better, not all bad results in crypto are because a project failed, mostly are because of lack of research, with no good research you can easily fall for scam projects.

1) Do better research on new projects before promoting them or investing a penny on them

2) Visit scam accusation thread on the forum time to time, it will safe you a lot too

3) If you you have to invest always invest what you can afford to lose.

I do agree. Newbies have been the main aim or target of scammers out there taking advantage of let's just say their lack of knowledge about cryptocurrency and because of the early desperation of earning profit on their first try on engaging into crypto related works. Making yourself knowledgeable or getting yourself into many things about cryptocurrency is the first basic thing newbies must do to be able to know how to survive into this vast world of crypto in which risks are inevitable added by the fact that scammers are everywhere. Doing further research about a certain project will be a good thing to be done to be able to let yourself aware on how things are going so that you will not be wasting your time and effort into things that are not worth it. Do not exert all that you have in just one blow, invest only what you can afford to loose so that if ever an investment fails, you can easily move on trying into another. Do not easily loose hope about experiencing loss because it is normal that anyone will experience it. The important thing is that you learn and the next you do anything like that, you will already know what to do. For newbies, the best weapon to survive is to keep yourself always updated and knowledgeable not be fooled by anyone.