How will you advice a newbie about this in 2024?

[Belarge]

The problem that most newbies face is that they are quick to earn money in the crypto space, and yes this is why we are here but not to start your journey with shitcoins in my opinion, it is better to start with known projects that already exist which has use case and profit potential than looking for shitcoins where most of them end up getting screwed and some would still come back here crying how they lost their money when they've failed to do the right thing, investing in altcoins or shitcoins isn't totally bad in as much as you are able to catch the right one that will give you the desired profit ,but should be when you must have gotten a good knowledge about how the crypto space works.

Newbies are open to risks because they have few or zero idea about the projects in the market, unable to differentiate between a solid projects and scamming ones. Knowledge is power and gaining possession will definitely boosts one to become formidable and promising for crypto projects. Advise a newbie in the present day of trading and investing? I think everyone is man enough and they know exactly the scenario of the market. It's filled with volatility and probably out of line.

[tabas]

In real life, we don't patronize plagiarized documents and the governments rule is even giving a sanction and punishment to those that will be caught doing it. That's why I am saying that if they are for the new products, they need to put at least a couple of their minutes in reading it and trying to figure out if they've read the same thing somewhere else. Because even if you go to the Services section, you'd see people offering making a project's whitepaper. You'll never know if that's a copied and modified one from the past projects that they've worked or they even copied that as well as they purchase it if ever they've worked for a project in the past.

[OcTradism]

Newbies are open to risks because they have few or zero idea about the projects in the market, unable to differentiate between a solid projects and scamming ones. Knowledge is power and gaining possession will definitely boosts one to become formidable and promising for crypto projects. Advise a newbie in the present day of trading and investing? I think everyone is man enough and they know exactly the scenario of the market. It's filled with volatility and probably out of line.

Newbies were scammed because they don't look for anything more than opportunities to be rich quickly.

Because their main concern is get rich quickly, they are more vulnerable to scammers. Lazy and greed, put newbies more closely to scam projects but they don't realize this risk before they were scammed. It's too late after money stolen, scammed but it's their full responsibility by ignoring many warnings about scam.

The Cryptocurrency Scam Book.

[Velemir Sava]

For us to lead this Opinion and to get a nod from them is certainly not an easy thing, where my assumption is that they will still do their own research by buying cheap coins on the market, regardless of memes or not.

But, over time they will finally find the awareness to buy what has been proven to perform well and dominate the market performance and even come to the conclusion that BTC is the real answer to investing in the crypto world and what they are looking for, they will realize how the price changes with quickly and speculated by the big players in the market when it is not what they hold best.

[Taskford]

Newbies are open to risks because they have few or zero idea about the projects in the market, unable to differentiate between a solid projects and scamming ones. Knowledge is power and gaining possession will definitely boosts one to become formidable and promising for crypto projects. Advise a newbie in the present day of trading and investing? I think everyone is man enough and they know exactly the scenario of the market. It's filled with volatility and probably out of line.

Newbies were scammed because they don't look for anything more than opportunities to be rich quickly.

Because their main concern is get rich quickly, they are more vulnerable to scammers. Lazy and greed, put newbies more closely to scam projects but they don't realize this risk before they were scammed. It's too late after money stolen, scammed but it's their full responsibility by ignoring many warnings about scam.

The Cryptocurrency Scam Book.

Unfortunately not all newbies have access for all information they need especially if this is their first investment since for sure they will be convince by some people they trust that's why there are people got victimized on any schemes used by scammers.

We all know that if they could just do a research first they can avoid it but their knowledge is so fresh regarding on this and they don't have proper assessment on everything they do since they have limited knowledge about this things. But for sure after the first scam happened they learned a valuable lesson and this is important thing they need to consider. For sure this people will now do their research especially if they read a lot of unfortunate stories on each experiences happened by their fellow investors.

But we can't really deny that its important to research first but unfortunately not every know where to start since they have almost zero knowledge when they are starting up.

[Issa56]

The year is 2024 and we still have many newbies flooding into crypto space as we speak, they have one goal in mind, to make money from crypto projects, we all can't change their minds to go for Bitcoin only, at least until they get better with doing their own research.

Everyone in the crypto space has the mindset of getting rich, not just the newbies. What I know the newbies are always doing is looking for quick ways to make money in the crypto space, which is very wrong, most of them do end up being scammed. If you are just joining crypto, I will only encourage you to invest in bitcoin, but I will never force you. After telling you the necessary things that you should know, it’s left for you to follow what I say or not.

For example, copied white paper is no longer a big red flag like before, I said this because even big projects do this today, and change some things in a whitepaper or let me use the word "finetune" to their own tastes.

If I can see a project with copied white paper, then it’s a total red flag for me. What do you have to offer when you can’t just take your time to write your white paper yourself? I can never invest my money in any project that copies a white paper, I don’t care if the project is big  or not.

[Kristiyana]

The year is 2024 and we still have many newbies flooding into crypto space as we speak, they have one goal in mind, to make money from crypto projects, we all can't change their minds to go for Bitcoin only, at least until they get better with doing their own research.

Everyone in the crypto space has the mindset of getting rich, not just the newbies. What I know the newbies are always doing is looking for quick ways to make money in the crypto space, which is very wrong, most of them do end up being scammed. If you are just joining crypto, I will only encourage you to invest in bitcoin, but I will never force you. After telling you the necessary things that you should know, it’s left for you to follow what I say or not.

For example, copied white paper is no longer a big red flag like before, I said this because even big projects do this today, and change some things in a whitepaper or let me use the word "finetune" to their own tastes.

If I can see a project with copied white paper, then it’s a total red flag for me. What do you have to offer when you can’t just take your time to write your white paper yourself? I can never invest my money in any project that copies a white paper, I don’t care if the project is big  or not.

You're right investing your money in a project that copied white paper is very risky, because most of those project happens to be scam, though there are some project that do copied white paper of other projects but yet there are still legit. but i will never recommend anyone to invest in a project that copy white paper of other projects because such project can be very risky. Of course you wouldn't care how big the project is, mostly when Money is involved, however we just need to be careful with those project.

[Xril2024]

Day by day people are more and more inclined towards cryptocurrencies.  Investing their precious money here.  You must know well to invest your precious money.  Because scammers are constantly trying to mislead newbies.    Groups with bad intentions will take money from the inexperienced during bear markets.  They will not be found when the bull market arrives.  If you want to invest your precious money then do it in Bitcoin.    Do more research before investing in shitcoins or altcoins.

[sotelorene]

Day by day people are more and more inclined towards cryptocurrencies.  Investing their precious money here.  You must know well to invest your precious money.  Because scammers are constantly trying to mislead newbies.    Groups with bad intentions will take money from the inexperienced during bear markets.  They will not be found when the bull market arrives.  If you want to invest your precious money then do it in Bitcoin.    Do more research before investing in shitcoins or altcoins.

Sorry to ask what do you mean by investing your precious money. Is there any money that is not precious. The reason most people don't invest in Bitcoin is not because they don't believe it will do better but because Bitcoin is mostly a long term investment so most people don't have that patient they just want to get rich overnight that is why they are always a victim of shitcoin and alt cause they believe this coin can make them rich overnight and off course it can but not all the time and sometimes before you get that particular one that will make one rich overnight one has already waste his/her money on fake projects. Life is a gradual process, if you rush things you will definitely miss it.