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Author Topic: NEWBIE WANTING TO LEARN TO FLY 🕊️  (Read 242 times)
EarnOnVictor
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May 21, 2023, 10:45:46 AM
 #21

My advice to you is to first learn what cryptocurrency is and how to make money through it. Through this, you would get to know about the pioneer Bitcoin and how you can make money through HODLing, trading and many more. As an advice, you can maximize your trading potential by actively participating in Spot and Futures trading, but they also carry some higher degree of risks. It's up to you on this. However, you can safely be holding crypto in your wallet and see as your investment grows, yet it has to be done right which is why you will need to learn to understand everything.

These articles would help you: https://www.investopedia.com/passive-income-through-crypto-6386333
                                             https://www.gobankingrates.com/investing/crypto/how-to-make-money-fast-with-cryptocurrency/
 

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Z390
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May 21, 2023, 10:56:54 AM
 #22

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 have the money to invest in crypto and have no time to learn and do good research first, majority of investors that have money always make more mistakes than those that have no money, because those that have no money will have time to know more about crypto, presently, with no money, that's all they can do..

This makes them to know more about crypto and how to keep themselves safe on the long run, by the time they are ready to invest their hard-earned money they will spend the money right, because they now have better knowledge and patience with crypto, FOMO and unnecessary Hype will have less consequence on such people.

Cantsay
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May 21, 2023, 11:51:17 AM
 #23

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.

I remember back then when i first heard about bitcoin/crypto I also had the mindset of having large amount of money before one can take part in crypto and start trading and earning, it was later that I learnt that even with large capital if you lack the knowledge needed to trade and also to avoid scams you'll still end up not making anything, instead you will end up with a loss.

Quote
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 one I know and have been applying is the DYOR. I know that this might be challenging for newbies at first because they don't even knwo where to start when it comes to researching about a project but with time it beccomes easy just as it became for me.
Another thing is; avoiding celebrities hype. They are projects out there that pays celebrities to hype them and then making people ( most especially newbies) invest in it and at the end it will turn out to be a scam. You should have it at the back og your mind that those celebrities don't have a single knowledge abou that project they are promotuing which in other words means that they are no different from you.

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Onset
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May 21, 2023, 02:12:38 PM
 #24

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.
If Bitcointalk only had true enthusiasts and no signature campaigns, the forum would be empty as hell! Whether or not we want to say the truth, signature campaigns are an incentive and also an interest for most of us. Maybe it’s just in the back of our head, it doesn’t have to be the main purpose of writing here.. but just like any other hobby, there are only a handful who’d actually do it for the fun of it and not get earn anything from it at all.

The thing is that if everyone only posts for earnings, the posts become shitposts, the fun becomes an obligation and the forum becomes an echo chamber. That’s why it’s recommended that fun should be combined with this interest. Don’t leave the fun to the side for the earnings. If earnings weren’t an interest, nobody’d run for the best paid campigns.. but hey, we’re all humans after all!
Taskford
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May 21, 2023, 03:39:37 PM
 #25

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?

Don't get pressured by people you see. Individual has different timeline so you better work for your turn to come and don't do short cuts because people around you to do it. Much better if you take the slow path which is the organic one since if you learn all the things you need to know about crypto for sure your knowledge will no be limited on single criteria only.

You.can start here browsing some existing topics is so helpful. Also their are pinned threads on each section read that because all contents written there is so very informative. You can try an idea avoid what important things you need to do and what are.those needed to avoid.

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bbigtart
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May 21, 2023, 05:15:26 PM
 #26

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.
I was originally like you too, I thought that if we want to start crypto we must have capital. It turns out that I was wrong, there are still many who can generate crypto for free without spending capital, such as signing up on forums, airdrops, bounties, tesnet and others. I know all of that too because I am surrounded by friends who understand crypto as well, that's why we have to take advantage of this closeness by digging deeper into information.

Quote
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?
1. Learn more deeply about the Crypto you want to invest in
2. Look for reliable sources of information
3. This is important Avoid Emotional Investment because this is very dangerous if you can't control it
4. Invest by considering various types of crypto. Do not invest all capital in one single asset.
5. Protect Personal Information, especially when transacting with crypto exchanges
6. Stay alert for Scams, as the crypto world can't get away with scams.
7. Keep Learning and Growing Don't feel satisfied with the information that is available.

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israt1@
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May 21, 2023, 05:55:58 PM
 #27

op,You are welcome. If anyone is interested in crypto then this forum is for him. Because in this forum you can learn all the information for free. If you want to find something then use the search button. If you can't find it then create a topic. There are thousands Legends are there to answer your questions. So this is definitely a university for freshers.

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May 23, 2023, 07:42:01 AM
 #28

Actually, the original intent of crypto and blockchain is not for money making

Crypto was brought to replace our traditional currency (Dollar, Euros, etc)

But good enough still, people are making money from it, so yes, you too can be a part

Firstly, you have to study the crypto space by yourself, don’t depend on someone else’s analysis

Knowledge is the first step, get as much knowledge as you can

Secondly, invest more in getting more knowledge about crypto

You can specialize on NFTs, Defi, etc

But, you have to first get knowledge before anything else

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Alisha-k
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May 23, 2023, 07:53:01 AM
 #29

My advice to you is to first learn what cryptocurrency is and how to make money through it. Through this, you would get to know about the pioneer Bitcoin and how you can make money through HODLing, trading and many more. As an advice, you can maximize your trading potential by actively participating in Spot and Futures trading, but they also carry some higher degree of risks. It's up to you on this. However, you can safely be holding crypto in your wallet and see as your investment grows, yet it has to be done right which is why you will need to learn to understand everything.

These articles would help you: https://www.investopedia.com/passive-income-through-crypto-6386333
                                             https://www.gobankingrates.com/investing/crypto/how-to-make-money-fast-with-cryptocurrency/
 
For long term wealth creation, buy bitcoin

Buy more bitcoins

Buy even more


For short term wealth creation, use your money to invest in other businesses

It’s best you buy bitcoins and leave it for quite a good number of years

1btc in 2017 was around $1k

1btc today is $27k

That’s 27x any money you invested 6yrs ago

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reagansimms
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May 23, 2023, 08:38:23 AM
 #30

To achieve hope in the crypto space requires capital and patience, nothing can be achieved without effort. Luckily you are surrounded by investors who already understand how to invest in crypto well, you can learn a lot from them while reading some interesting topics that can broaden your horizons. Your mindset must be on two sides if you want to fly high in the crypto space, you need to be careful if you want to fly, because if you fall the potential for breaking you wings is very large. Start with small capital, you can do it gradually if you understand how to invest properly.

 
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