Early members, give us an insight

[YOSHIE]

What tip you could give new members who just got into crypto

Many things you can learn and find in this Bitcointalk Forum, about trading, crypto, Bitcoin, and many other things.
Example: a very simple one, if you want to know something about crypto in the past year.

1. Topic: Crypto trading tips based on years of experience
2. Topic: Top Cryptocurrency Tips That You Should Know Before Trading
3. Topic: Bitcoin tips: Bitcoin Trading Starter Pack
4. Topic: YOUR TOTAL BEGINNERS GUIDE TO CRYPTOCURRENCY and BITCOINTALK

I hope the guide above can be a good thing for you to learn & read.

[Yamifoud]

Just like to ask you also what you would like to do in your life in crypto?

Many people come in here for different reasons,
*trading
*pure investment
*Some sort of gambling

It could be best not to hurry towards crypto, it takes time to fully make yourself ready to it. These things will help you to guide what you need to acquire first before getting involved in one of those. Because I'd choose to become a trader, then I spend more time into the trading discussion, the same we'll do to the rest. We should have one thing to focus on first before we jump into another one.

[bryant.coleman]

Hi there

I would like to ask the people who joined this community in its first years. What tip you could give new members who just got into crypto

I joined this forum about 8 years ago, and I have seen the ups and downs of cryptocurrency. Nowadays the main reason for holding cryptocurrency is to make profits out of it. When I joined in 2012, none of us expected that Bitcoin prices would go up by 1,000x. Most of us supported cryptocurrency for ideological reasons. Anyway, there are a few simple things to keep in mind if you want to get rich from cryptocurrency:

1. Hold your coins safely and securely. Just follow the basic safety precautions, such as 2FA and email confirmation
2. Never ever listen to FUD
3. Never do panic selling
4. Always remember that Bitcoin is the original cryptocurrency and give it a higher priority when compared to the other altcoins
5. Stay away from all the pyramid schemes and ponzis, no matter how attractive they sound

[arcmetal]

Do not buy when the price is high, or rising (avoid fomo).

Do not sell when the price is falling (avoid fear).

Do not trade on emotion.  Be cold.


Or, even more simply:  do not trade bitcoin.

Just buy it today, and spend it later, in the future.  

Always sell less than what you buy, and you will always have some to sell in the future.

Patience is the key in this realm.

[molsewid]

Hi there

I would like to ask the people who joined this community in its first years. What tip you could give new members who just got into crypto

My tip as a member of this community, learn everything you can. Knowledge is the power in this community. Your knowledge and dedication to learn more will help you a lot to gain more bitcoin and other crypto-currency. It will help you to track the nicest path to earn more. And it will help you determine what is a good decision to make in different ways of earning in crypto like trading.

Avoid bounties and airdrops. Waste of time and effort for chump change, if they ever materialize.

This is true but if you're lucky some bounties and airdrop will give you a little amount. It's a waste of time and effort if you have other options to earn more.

[avikz]

Hi there

I would like to ask the people who joined this community in its first years. What tip you could give new members who just got into crypto

Well, here goes my tips:

1. Everything that glitters is not gold - avoid any program that offers you interest/passive income against a deposit. Rather look for POS coins for passive incomce
2. Using cryptocurrency doesn't give you a leeway from the real world taxes - be a good citizen
3. Avoid using darknet for purchases. Usually enforcement agencies keep a track of darkweb activities
4. Learn crypto trading to make money but avoid shady exchanges.

My tips are more around the usability of cryptocurrencies, taken from real life experience. Hope it helps!
 

[BitcoinPanther]

Hi there

I would like to ask the people who joined this community in its first years. What tip you could give new members who just got into crypto

If you are new to crypto, it is best to study, research and learn about the economics and fundamentals of crypto.  There are lots of sites that gives information about cryptocurrency.  If you are not inclined on reading you can also watch videos from youtube.

You can learn about crypto on this YT channels:

Known's Crypto Cave
Altcoin Daily
Crypto Zombie
Lark Davis previously known as Crypto Lark

This also gives a good insight about Bitcoin pattern:
Bitcoin's 4 Year Cycle  by Bob Loukas

[fr4nkthetank]

Have fun

[Krislaw]

If you're referring about the forum start reading the threads here especially in the beginners & help, there are some compilation of threads there that will surely help you some are about mining, trading, and the basics about cryptocurrency gather some knowledge first, Don't get swayed easily by instant profits and avoid scams, and also if trading interests you gather some experience too and try accumulating the information and strategy that you needed.

[Mpamaegbu]

Let me itemize the nuggets here:

1. Always remember that the cryptocurrency industry isn't a get rich quick business. Patience is key here.
2. Get an ear plug. Use it during hype. Hypes soon fade away.
3. Avoid faucets like a plague. They're a waste of time and data.
4. Always save any site you visit on your homepage. It saves you from phishing sites and malware. If you must access any exchange for the first time, go through the CMC (coinmarketcap) site. Thereafter, save the link on your phone's homepage.

[khaled0111]

OP you should specify what field you are interested in so others can give you the appropriate advice.
I've been here for three years so not quite an early member but during my stay here I noticed that the most repeated and valuable advice are:
 - Don't invest what you can't afford to lose.
 - Not your keys, not your coins.

But the most important thing is this:

Have fun

[Twentyonepaylots]

- Buy bitcoin with your extra money very often and hold.

Check

- Do not go into trading game until you are master in it.

This makes sense but there is another thing when you lose in trading, but I'm not telling you to go lose all day lol, I mean everyone of us started and learned the hard way of trading, there were times that we often think to stop trading coz we're all losing but the thing is every mistake you make in trading, you always learn from it becoming you more aware of what trading is all about. Be careful with exchanges practice/demo tool.

- Don't listen to all those gurus, they are here to sell their signal which are useless.

Buy their speculation, dig your own grave