EBMARYAM (OP)
Newbie
Offline
Activity: 2
Merit: 0
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May 20, 2023, 06:27:16 PM |
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I have always been fascinated seeing people making it in crypto space. I'm kind of surrounded by people that are really into crypto but I have this mindset that until you have capital before you venture into crypto and make a success. This is why I haven't ventured into the space, but with good guide I believe I can make it as well.
As a new person that wants to make it in crypto, what safety guidelines and advices can you give to see him/her to success with minimal risks?
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Zaguru12
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May 20, 2023, 06:51:36 PM |
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Been surrounded with crypto investors is an advantage because you could easily get firsthand about the whole thing. Just like you said bitcoin requires capital and patience, also have the mindset that bitcoin isn’t a quick get rich scheme. Although with proper understanding of its trading you could make profits from it.
The most important advice on crypto space is to invest an amount you can lose, this advice is because bitcoin and crypto in general is volatile.
As a beginner to minimize risk stick only to bitcoin holding, investing into Altcoins are only profitable to experience trader’s because it is more of pump and dump coins, so to invest in it is risky for a beginner
Also do not quit your job to focus on crypto trading only
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Agbe
Legendary
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Activity: 1064
Merit: 1359
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May 20, 2023, 06:52:33 PM |
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You are welcome to the bitcoin world. It is only those who are persevered making it in the bitcoin world and not for those parochial participants. Since you are surrounded with crypto enthusiast then you have the advantage to learn more from physical and also from the forum and if only you are sincerely tell us your mind. If you like reading Unofficial list of (official) Bitcointalk.org rules, guidelines, FAQThat is the first guide in the forum. So follow up.
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Upgrade00
Legendary
Offline
Activity: 2212
Merit: 2368
Playgram - The Telegram Casino
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May 20, 2023, 07:16:21 PM |
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If you currently lack capital to invest, you can learn a digital skill which puts you in a position to get paid in Bitcoin. You grow your portfolio through regular purchases and get an alternate means of earning an income. But if I'm being honest, earnun to get paid in Bitcoin required time and attention, and sometimes capital to pay for the skill set. As a new person that wants to make it in crypto, what safety guidelines and advices can you give to see him/her to success with minimal risks?
• Learn the basics, • Do not rush into anything, • Understand how to secure your wallets, • Also understand that Bitcoin is not a get rich quick scheme, • Stick to Bitcoin if you're looking for stability.
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SatoPrincess
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May 20, 2023, 07:40:34 PM |
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I have always been fascinated seeing people making it in crypto space. I'm kind of surrounded by people that are really into crypto but I have this mindset that until you have capital before you venture into crypto and make a success. This is why I haven't ventured into the space, but with good guide I believe I can make it as well.
As a new person that wants to make it in crypto, what safety guidelines and advices can you give to see him/her to success with minimal risks?
You can learn crypto without investing, I think that’s the best way to start one’s crypto career. Some bitcoin books to read are; There is a lot of hype and fake lifestyle that’s being portrayed by people in the crypto in a bid to look successful. The best advice I received as newbies was “be skeptical of the hype”, this simple advice saved me from investing in altcoins even if they were promoted by the biggest celebrity or even if everyone is saying it’s going to be the next best thing after bitcoin.
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macson
Full Member
Offline
Activity: 1134
Merit: 151
Catalog Websites
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May 20, 2023, 07:56:36 PM |
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I have always been fascinated seeing people making it in crypto space. I'm kind of surrounded by people that are really into crypto but I have this mindset that until you have capital before you venture into crypto and make a success. This is why I haven't ventured into the space, but with good guide I believe I can make it as well.
As a new person that wants to make it in crypto, what safety guidelines and advices can you give to see him/her to success with minimal risks?
my suggestion is; -keep your privacy -do not trust 100% in other people, the rest is at least 5% for your suspicions -don't be easily swayed by FUD and FOMO -be yourself and never regret the decisions you have made cmiiw.... the crypto space is full of things that we must be aware of so that you don't lose money instead of making a profit, as a newbie always verify beforehand any new information you hear and keep asking people who you think can be trusted and have a good reputation in this forum.
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BIT-BENDER
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May 20, 2023, 08:14:45 PM |
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You want to survive in crypto-currency with minimal risk yes it's possible even though there is always an element of risk in this space (crypto) but you can actually reduce it. #Avoid altcoins if you can: altcoins are crypto-currencies that aren't Bitcoin, any other coin asides Bitcoin is an alternative coin, this side of crypto has a high percentage of risk and uncertainty, there are lots of altcoins and this can really mess with your choices, the are pump and dump and this can be an investors trap hole. So generally if you want to reduce your risk and you willing then you can try avoiding altcoins.
#Greed: the biggest tool scammers uses to get victims, greed is a potential risk in crypto-currency. It set people up to fall for scams, set traders and investors up to fall into loses as well.
#Low knowledge: you can't make it in anything you don't know about, Crypto-currency should not just be a gamble. Try to learn new things here, it can also here in protecting you in this ecosystem.
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Awaklara
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May 20, 2023, 08:35:01 PM |
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As a new person that wants to make it in crypto, what safety guidelines and advices can you give to see him/her to success with minimal risks?
you may be able to have a good circle of friends and have good communication to discuss Bitcoin. but remember, not all of them can also be shared with them. keep your boundaries and privacy that you can't share with anyone. Your environment may be your greatest risk. One more thing, if you store assets in a wallet, don't be too open to connecting your wallet with any site. most beginners are too eager to seek information related to crypto. and many scam sites that you will encounter.
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Forever101
Member
Offline
Activity: 388
Merit: 30
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May 20, 2023, 08:51:19 PM |
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You have heard from the experienced on what to do. Before investing , do well to dive into what it means and how it works so that all your focus won't be in profit profit profit. This will help you balance your thinking and not over loaded with the thought of loss or gain. As you have heard from others, invest what you can afford to loose in other to maintain good standard of living without posting risk to your life. Another pitfall to avoid in this journey is greediness,knowing when to enter and when to exit the market for profit maximization. If your investment is majorly on bitcoins, Good! But if you have others in mind, be ware of scammers
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BitcoinPanther
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May 20, 2023, 08:55:30 PM |
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I have always been fascinated seeing people making it in crypto space. I'm kind of surrounded by people that are really into crypto but I have this mindset that until you have capital before you venture into crypto and make a success. This is why I haven't ventured into the space, but with good guide I believe I can make it as well. You can always venture into cryptocurrency even without capital. There are other means of engaging with cryptocurrency that does not need financial capital. Like offering services and working as free lancer and accepting cryptocurrency as payment/salary. Cryptocurrency isn't only about investment. Since there is a community and economics, there will be lots of options to participate in cryptocurrency. As a new person that wants to make it in crypto, what safety guidelines and advices can you give to see him/her to success with minimal risks?
You must educate yourself about cryptocurrency, its basic technicality and economics. Always verify information before believing it and avoid any get rich scheme proposition.
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Hyphen(-)
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May 20, 2023, 09:01:42 PM |
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I have always been fascinated seeing people making it in crypto space. I'm kind of surrounded by people that are really into crypto but I have this mindset that until you have capital before you venture into crypto and make a success. This is why I haven't ventured into the space, but with good guide I believe I can make it as well.
You can succeed just as well as others if you are committed, and you have chosen to be one of them. I see they have already provided you with some important links that will provide you further assistance on your crypto journey as a result of this step you took by seeking advise from some experienced forum users so that you will acquire all the correct information you need. As a new person that wants to make it in crypto, what safety guidelines and advices can you give to see him/her to success with minimal risks?
Avoid being greedy because greed is the main cause of all investors downfalls. If you are satisfied with the little profit you make while trading, then you will be a successful trader. Don't be as eager to succeed as others because everything in life is a step-by-step process; therefore, begin with just a small amount until you learn all of the essential knowledge to be a professional.
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rby
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May 20, 2023, 09:27:26 PM |
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I have always been fascinated seeing people making it in crypto space. I'm kind of surrounded by people that are really into crypto but I have this mindset that until you have capital before you venture into crypto and make a success. This is why I haven't ventured into the space, but with good guide I believe I can make it as well.
As a new person that wants to make it in crypto, what safety guidelines and advices can you give to see him/her to success with minimal risks?
The first step to succeeding in the cryptocurrency industry is your mindset into the cryptocurrency industry. If your mindset is to get rich very quick, you might not succeed in this very space. I can see it is because of the success of your friends, who live around you that makes you to join the cryptocurrency earlier than you planned. You might not know if your friends have other sources of income other than cryptocurrency, but they would make you feel that they get their money all from crypto. To be honest, invest more of your time in learning how Bitcoin and other cryptocurrencies work before you can invest your money. It is good that you have a steady source of income, and then br investing according to your budget, That is the best way to break through in the cryptocurrency industry.
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[center][table][tr][td][url=https://stake.com][font=Arial black][size=24pt][glow=#0f212e,2][color=transparent][size=8pt].[/size].[size=9pt][sup][size=16pt][color=#fff]Stake.com[/size][/sup][/size].[size=8pt].[/td] [td][/td][td][/td] [td][size=2pt][tt] [color=#2d4454]▄████████████████████████████████████▄ [glow=#fff,2]██ [color=#ccc]▄▄▄▄▄▄▄▄▄▄[/color] [color=#ccc]▄▄▄▄▄▄▄▄▄▄[/color] ██[/glow] [color=#ed5564]▄████▄[/color] [glow=#fff,2]██ [color=#ccc]▀▀▀▀▀▀▀▀▀▀[/color] [color=#0c79ed]██████████[/color] [color=#ccc]▀▀▀▀▀▀▀▀▀▀[/color] ██[/glow] [color=#ed5564]██████[/color] [glow=#fff,2]██ [color=#0c79ed]██████████ ██ ██ ██████████[/color] ██[/glow] [color=#ed5564]▀██▀[/color] [glow=#fff,2]██ [color=#0c79ed]██ ██ ██████ ██ ██ ██[/color] ██[/glow] [color=#ccc]██[/color] [glow=#fff,2]██ [color=#0c79ed]██████ ██ █████ ███ ██████ ██[/color] ██[/glow][color=#ccc]██▄ ██[/color] [glow=#fff,2]██ [color=#0c79ed]█████ ███ ████ ████ █████ ███[/color] ██[/glow][c
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boyptc
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May 20, 2023, 11:20:06 PM |
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Welcome here, I think you've got already a good start by having those peers that will guide you. Didn't you ask them for ways without having the need of starting big or with having no money?
The risk won't change for everybody and there's no exception on it. And there's no guaranteed that even you start with a capital, your success isn't assured.
The best approach is to start little and then learn the market as if you have no option since you've placed your money already. Dollar cost averaging(DCA) will be suggested to you by many and take note of how you do it.
You can start with as little as you can while testing the waters until you've got enough of it and ready to venture more with your additional capital.
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Sexylizzy2813
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May 21, 2023, 02:21:27 AM |
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I have always been fascinated seeing people making it in crypto space. I'm kind of surrounded by people that are really into crypto but I have this mindset that until you have capital before you venture into crypto and make a success. This is why I haven't ventured into the space, but with good guide I believe I can make it as well.
As a new person that wants to make it in crypto, what safety guidelines and advices can you give to see him/her to success with minimal risks?
For beginners or newbies you have to start small, make use of money that you can afford to lose. You can't just start up with a huge amount like all your savings and expect a bigger profit, well you can be lucky but to be on the safer side start with a small capital. Try to understand the mechanism of buying, selling and exchanging cryptocurrency before investing. Don't just jump into any crypto exchanges, look for a trustworthy crypto exchange.
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Onset
Jr. Member
Offline
Activity: 56
Merit: 26
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May 21, 2023, 02:43:34 AM |
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Stick with Bitcoin. Forget about altcoins until you feel like you’re actually legitimately ready for them. Altcoins are like a ride or die thingy. This strategy alone will save like over 90% of the risks a normal crypto investor goes through.
By the way, you don’t need a lot of capital to begin. By waiting until you have more capital, you’re wasting time and opportunities. You’ll be basically left behind because you thought you need to be wealthy to start. Nobody became wealthy by having wealth, unless they inherited it.
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ThemePen
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May 21, 2023, 06:54:51 AM |
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I have seen mostly the newbies only come to earn here. And some are those who really want to learn. Newbies who come here to earn they think about merits and their first priority remain merits. Or mostly go to the bounty section and take part in the different bounties. Mostly do not read the rules and just start postingtg without reading rules and they make mistakes. They should read the Rules first.
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SOKO-DEKE
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May 21, 2023, 08:26:08 AM |
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I have always been fascinated seeing people making it in crypto space. I'm kind of surrounded by people that are really into crypto but I have this mindset that until you have capital before you venture into crypto and make a success. This is why I haven't ventured into the space, but with good guide I believe I can make it as well.
For those looking to earn significantly from the cryptocurrency market, capital is, in my opinion, the most crucial factor.There are other ways to succeed in the cryptocurrency world as well, but the ideal approach is to have your own money. However, before you start investing in the cryptocurrency market, try to learn more about Bitcoin and cryptocurrencies in general. As a beginner, I can only advise you to invest in bitcoin first and steer clear of all other cryptocurrencies, as many of them are worth investing in nothing but trash. This is because beginners may lack the information necessary to do their own thorough study to identify the best coins or tokens out all existing altcoins. As a new person that wants to make it in crypto, what safety guidelines and advices can you give to see him/her to success with minimal risks?
Make sure you have proper knowledge about cryptocurrency industry, don't be greedy to invest more than what you cannot afford to lose, always ask about any thing you don't understand about crypto industry especially coming to forum to seek for guidance,don't click on any links you don't know it sources because crypto industry is full of scammers.
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mamesso
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May 21, 2023, 09:07:25 AM |
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The main capital for success in the crypto world is not money, but knowledge. Luckily you are around people who love crypto and are knowledgeable about crypto. You can learn to fly step by step, the people in the forum will help you ventured into the space as you wish. Here you can find knowledge-enhancing guides to achieve success in the crypto world, keep reading for a deep dive into the foundational knowledge that can help you fly even higher. Don't rush to become successful in the crypto world, you also need to consider all the risks that will occur. Money as support to start investing, without capitalizing on your knowledge you can be at risk of losing all of its value.
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superman184
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May 21, 2023, 10:05:23 AM |
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I have always been fascinated seeing people making it in crypto space. I'm kind of surrounded by people that are really into crypto but I have this mindset that until you have capital before you venture into crypto and make a success. This is why I haven't ventured into the space, but with good guide I believe I can make it as well.
As a new person that wants to make it in crypto, what safety guidelines and advices can you give to see him/her to success with minimal risks?
If your neighborhood is surrounded by crypto-loving people and some of them are already successful, then you have only two tasks. The first thing you have to learn from them is by asking about crypto and also what the obvious risks are in any case. The second is that you shouldn't be lazy in reading when there are several people like in this topic who provide guidance to you because that is something that might help you to understand crypto things that you didn't know so far.
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