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Author Topic: Your guidance is needed  (Read 467 times)
Lucius
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January 17, 2022, 11:29:22 AM
 #21

One thing I can advice is if you want to be in the crypto world, atleast learn about it. Don't invest money if you do not know how it works because it's a really big risks. There are a lot of newbie friendly thread here where you can start to read on so you can catch on the basics.

This is advice that every beginner should follow, and I'm sure it would be much better for everyone to make people understand what is most important in the whole crypto story - not profit in the first place, but knowledge. That eternal FOMO (fear of missing out) that affects so many people is a really big problem.

If you pause for a moment and think about everything, then it will quickly become clear to you that you need to go the right way, and not look for shortcuts that often lead to the abyss. First learn what Bitcoin is, then how to store it properly, and only then start investing - the reverse order only means problems, there is evidence for that all over the internet.

Here’s one example of someone allegedly losing as much as 40 BTC because he didn’t realize the importance of proper backup - we’ll all agree that it’s a very costly mistake.

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.BLACKJACK ♠ FUN.
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Drnice
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January 18, 2022, 05:42:52 AM
 #22

What and what to avoid in this crypto world so as not to fucked myself up in every way possible? I need some advice as a beginner and I don't want to mess up pls guide me right, hope I came to the right place

You are very well welcome to this forum, the number one forum where you can get the best support and help in the entire crypto community.
It is almost hard to say you won't get hit by some bad project even as a bounty Hunter. Which part of the crypto community do you wish to venture into, cause there are a lot of ways of earning from crypto currencies and also in this forum.
You can render some service of which you are a professional. Things like;
> Bounty Campaigns
> Campaign Manager
> Writers/Translators

You can also venture into the Trading part of crypto currency, but you must take your time to understand the pattern at which it goes, or you can be a long time investor, who just hold his Bitcoin for every price rise (things can always go side ways, it's how the system works)
Amongst all, always take your time to read and make your own personal research when you are investing into any project, and always invest what you can afford to lose (though, with patients, you can always get your investment back).
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January 18, 2022, 08:25:05 AM
 #23

I think in this case you need to pay close attention to your financial management.
because this will be very influential and when you can't manage your finances and assets then everything will be useless because it's good to invest or trade everything has a very big risk.
maybe the steps i am doing now can help you in this.
1. when I invest and trade I use money that is not really used in the short term.
2. Self-control is very important because indeed when dealing with money we will have thoughts of being greedy and this can actually make you lose your assets
3. Always try to study and analyze especially when we want to buy a coin or are in a project

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Peanutswar
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January 18, 2022, 08:26:21 AM
 #24

Play at your own risk, many people join the crypto world without having prior knowledge and commitment to these things they just want to join because of the urge to earn profit which is part of it but you cannot achieve this kind of thing if you are still null to all of the things like essential knowledge. If you want to risk there's altcoins but if you want to have a good insight and stability go for the bitcoin. As possible don't trust, anyone with your account always keeps safe your funds. Also no one will give you a free money avoid using platforms telling they can double your earning within 2 days it doesnt exist if course ponzi scehemes. Knowledge is the better to feed.

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GeorgeJohn
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January 18, 2022, 10:24:43 PM
 #25

Learn about cryptocurrency and understand the concepts. Do not think of making money first without you having the knowledge how earn the money. Get a job that can be source of income,  don't rely on trading that it can make you rich or it can be only your source of income,  also don't trade because of emotion trade with undersndtanding. Alway have the zeal to learn new things about trading and it will help a lot.
Don't trade blinding , do not trade with greed it may no really work for you.
Let us try to be sincere to ourselves, do you aware that having the mindset of making money will restructure a beginner or newbies not to achieve their objectives, having the mindset of money will make a forum user to be conscious of making something tangible to succeed, let us have it in mind, money is a spirit and it renders quick response or quick achievement, because everyone activate thing that will give it money fast, and also pay attention to that.

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lovesmayfamilis
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January 19, 2022, 11:02:03 AM
 #26


Let us try to be sincere to ourselves, do you aware that having the mindset of making money will restructure a beginner or newbies not to achieve their objectives, having the mindset of money will make a forum user to be conscious of making something tangible to succeed, let us have it in mind, money is a spirit and it renders quick response or quick achievement, because everyone activate thing that will give it money fast, and also pay attention to that.

I liked it. Motivation should always be. All great accomplishments contained an idea and a goal. Not everyone immediately understands their goal, but time plays for them. Therefore, we see people who understand the value of bitcoin, for example, and coming to the forum to participate in bounties, restructure themselves for further study and development of cryptocurrencies.

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AakZaki
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January 19, 2022, 09:21:11 PM
 #27

Let us try to be sincere to ourselves, do you aware that having the mindset of making money will restructure a beginner or newbies not to achieve their objectives, having the mindset of money will make a forum user to be conscious of making something tangible to succeed, let us have it in mind, money is a spirit and it renders quick response or quick achievement, because everyone activate thing that will give it money fast, and also pay attention to that.
There may be a different mindset in each person and your words may not be entirely true. I think the orientation of the need for money makes new members look for all ways to increase their money. One of them might be to follow the Bounty campaign program. They used multiple accounts to follow one campaign that was clearly banned. Actually, since the Merit system is applied it makes the forum have more interesting discussions and have high quality. Their original should be to advance the forum, which in the end they will get more satisfactory results.
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January 19, 2022, 09:36:05 PM
 #28

Here are my list.
+1 don't fall for enticing promise.
+2 your own research should be done.
+3 anything free maybe be a ripoff trap
+4 pay attention to details, especially when checking an app, individuals, companies or so on.
+5 ask questions when necessary.
+6 greed is another self inflicted rip-off.
+7 very importantly seek knowledge and read up.

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dataispower
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January 19, 2022, 10:17:01 PM
 #29

What and what to avoid in this crypto world so as not to fucked myself up in every way possible? I need some advice as a beginner and I don't want to mess up pls guide me right, hope I came to the right place

You are very well welcome to this forum, the number one forum where you can get the best support and help in the entire crypto community.
It is almost hard to say you won't get hit by some bad project even as a bounty Hunter. Which part of the crypto community do you wish to venture into, cause there are a lot of ways of earning from crypto currencies and also in this forum.
You can render some service of which you are a professional. Things like;
> Bounty Campaigns
> Campaign Manager
> Writers/Translators

You can also venture into the Trading part of crypto currency, but you must take your time to understand the pattern at which it goes, or you can be a long time investor, who just hold his Bitcoin for every price rise (things can always go side ways, it's how the system works)
Amongst all, always take your time to read and make your own personal research when you are investing into any project, and always invest what you can afford to lose (though, with patients, you can always get your investment back).
Let us show new people the way of making production first not by making money. All the newbies just focused on money, before looking at what creation have they done and can this people explain what is forum and Bitcoin, today newbies will come and as on how to make money, they are not ready to know about bitcoin, giving them answers to join bounties and signatures for me is not good because if you watch them well they problem is money
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January 20, 2022, 12:01:34 PM
 #30

What and what to avoid in this crypto world so as not to fucked myself up in every way possible? I need some advice as a beginner and I don't want to mess up pls guide me right, hope I came to the right place
If there is a way to help it is impossible but the sad truth is that, we sometimes got wrong. But I'd never think we have to be afraid of getting messed up and do wrong decisions, people have learned a lot of it so why not use this in order to grow? I am, several times I got a mistake but I don't consider it as a big deal but instead, I do way to make it right and solve the problem. Honestly, learning from those things helps us to become knowlegeable, and it helps us to be more determined for the future.

R


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January 20, 2022, 11:11:24 PM
 #31

First, learn well about the crypto world because with it you will have a clear view of crypto. Other than that, don't easily trust people who act in the name of crypto for their own sake by giving an attractive offer because it's most likely a scam, you should avoid it far away. If you want to start trading or investing then start with a small capital first, it's better for you to manage it yourself so you can learn it well if later failure occurs. Today's failure is not the end of everything, learn it well so that it can be a lesson in the future.

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January 21, 2022, 08:27:06 AM
 #32

I can only advise never invest your hard earned money 100% in crypto if you don't know the risk for buying and holding it, spend only like 10%-20% of your savings if you are new in crypto. Always DYOR before investing to avoid scam projects its everywhere try to ask others opinion before joining, don't rush things as you may regret later.

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January 21, 2022, 08:43:01 AM
 #33

Avoid investing in the majority of the meme coins. Dogecoin and Shiba Inu are the most known of them all and there are going to be shillers that might come your way and tell that the project they're investing in is going to be the same as Dogecoin or Shiba Inu. But the thing is that they're only shilling you that project because you're a newbie and you're going to be gullible and believing them that they're telling the truth. It's best to start buying bitcoin if you don't want to get rekt as easy as the others.

Buying real purpose coins is the security that you need. As this user said there are many more cheap coins in $0.0000.... and you think they profit to you like dogecoin and shiba inu but you be careful about such, don't be deceived, is very hard to see those cheap coins that will be profiting to you. Focusing more on coins known to the market not to regret.
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January 21, 2022, 12:18:29 PM
 #34

What and what to avoid in this crypto world
First two things:
1. Avoid those who tell you that Bitcoin is a scam or a Ponzi scheme or a "Get Rich Quick" investment.
2. Avoid those who tell you that ALL altcoins are shitcoins.

Once you keep those two at arm's length, I think you should be fine.

In addition, don't go into crypto trading if you don't have the set skills for it. While at it, invest only cash you can afford to lose.

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..BUY/ SELL CRYPTO..
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January 21, 2022, 01:34:38 PM
 #35

If you can provide a "YES" answer to these questions am about to ask you then you are good to go

Can you take a risk.?
Can you manage things?
Do you have a financial source?
Can you think fast and act slow?
Do you have passion for learning?
Do you have enough patience and calmness?
Can you create time to develop yourself?

No one is born an Ireland of knowledge, we all learn from each other. If your response to the stated above questions is yes then i think you're good to go.



.
.BIG WINNER!.
[15.00000000 BTC]


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Rainbot
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January 21, 2022, 03:04:13 PM
 #36

What and what to avoid in this crypto world so as not to fucked myself up in every way possible? I need some advice as a beginner and I don't want to mess up pls guide me right, hope I came to the right place

Take it slow, moderate your greed, and read a lot, one of the reasons why newbies are losing money and landing in the wrong direction, is they are in a hurry to get into a project and invest without ample knowledge, they did not establish their knowledge about Cryptocurrency and criteria on what to look for a project, newbies are not late we are not lacking good projects but there are so many bad projects too and this is something that you need to avoid.

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isaac_clarke22
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January 21, 2022, 06:13:39 PM
 #37

In addition, don't go into crypto trading if you don't have the set skills for it. While at it, invest only cash you can afford to lose.
I've been from crypto trading and it wasn't just working right for me. I wouldn't call that I didn't have the set of skills, maybe just that my time doesn't work for trading and some might need to consider this in addition of what was asked by the OP to not get f'ed in every means possible (assuming s/he is still reading this thread as a Guest user due to inactivity).
I had learned some TA tools like the Bollinger Band and RSI, but it wasn't just enough.
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January 21, 2022, 07:21:45 PM
 #38

First, before even thinking about spending a penny: learn.
There's a good number of online courses on crypto. From very cheap ones on Udemy.com, to free ones at Tutsnode and ThePirateBay, the choice is yours. you can find many free ebooks too, and Wikipedia is always your friend.
Then, above all, never forget the #1 rule of investing:

Never invest what you can't afford to lose.

This rule may seem silly, but lots of people lost their lives for not following it. You WILL have emergencies. We all do. And you WILL face situations in which you HAVE  to "bend" that rule "just a little bit". Don't. If you don't have the money to invest, don't invest, or try to get the money elsewhere. But do not bury yourself, ever.

One of your worst enemies is FOMO (Fear Of Missing Out). Don't fall for it. There will always be another chance. Just take your time, do your homework, and make a move when you're ready.

And, finally, read the forum, and ask questions. There's an ungodly amount of information here on pretty much everything, and there's also a whole lot of very knowledgeable people ready and more than willing to share.
Don't be shy: somebody said the only stupid question is the one not asked. Also, this forum has a great policy when it comes to dishonest people, so you can trust the answers you get.

And above all: DON'T GET DISCOURAGED!. The crypto world can be difficult, but if others can do it, so can you.
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January 21, 2022, 07:31:33 PM
 #39

It is natural to have to take help from someone to acquire skills in any subjects. It is very easy for you to fail anywhere if you go to work without any experience any particular area. First of all you need a good guidance that can take you to a destination and in the cryptomarket we know that there is a kind of competition between the experienced. So you have to come under the guidance. Whether it is direct or indirect.
I know a tutor is always very important when you want to learn something new, but I'm afraid in crypto things are slightly a little bit different, most times it becomes very risky to get a tutor, especially when you're a complete novice that isn't even aware that your seed phrase is private, and only you should know it. Then again, most times tutors encourage people to buy coins/invest in projects they recommend to them just cause they are holding such coins and they want to pump it, this newcomer thus will make the mistake of investing without doing proper research which is very wrong.

Having said that, I think the forum is a great repository of knowledge and one who is new can start first of all here to get all the basic knowledge it is that they want to acquire, and even if they want to get a tutor, it should not be one that's too personal, remember to keep everything private, and only give info that would not hurt you, and that also applies to whoever is your so called tutor.
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January 22, 2022, 10:39:22 AM
 #40

To avoid mistakes in bitcoin,one needs an experienced person and a guidance to direct him or her on the things to do and the things not to do,because I'm bitcointalk,we have the do's and the dont's to adhere to.

In Bitcoin,mistakes stands as lesson and experience.An experienced person is the only person that can be a guidian.
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