Karani

The time taken to learn the ropes on this site varies from one user to another. I see no problem with anyone considering themselves a newbie. They will eventually learn how everything works.

Even for beginners with zero crypto experience, Yobit is user-friendly. The cherry on top is it distributes free coins. All you have to do is share the link to the site on platforms like Facebook and Twitter.

Like other investments, the digital market is risky. That’s why there’s no coin that’s completely safe to buy. However, some are safer than others. Take the example of Bitcoin. Despite experiencing volatility, it always bounces back. Ethereum is also trusted by many users.

This is one of the most common questions on this platform. Even so, the answers are still vague and unclear to newbies. Go to your yobit wallet and click on the minus sign beside the coin you want to withdraw. Note that Bitcoin has higher withdrawal charges than other coins. That’s why it’s advisable to convert it into coins with lower fees like Waves. Afterward, provide the wallet address you want the coins sent to.

Look at the cryptocurrency’s technology. Coins with advanced technologies can be linked with more applications giving them an edge over their competitors. Don’t forget to go through the cryptocurrency’s whitepaper. It contains all you need to know about your preferred coin.

Crypto news sites aren’t always a reliable investment guide. Sometimes, companies use them as platforms to advertise their new product.

The past few years reveal bearish tendencies in Q1. If previous trends are anything to go by, however, Bitcoin is likely to increase in price during the second quarter of the year.

Unfortunately, some YouTube videos are fake. It’s not uncommon for YouTubers to pay users to comment with fake success stories to make sites appear legitimate.

The admins delete posts from time to time. Rarely will all your posts be approved. To avoid such scenarios, exceed the daily limit of 30 to compensate for the posts that will be removed.

This is highly unlikely. As time goes by, new payment systems will come up. One thing is for sure, however, these systems will be cashless.

Reddit is an invaluable source of crypto news. Likewise, Telegram has a number of cryptocurrency channels. Not forgetting Twitter which is a favorite of many crypto analysts and investors.

Assuming you’ve already linked your cryptotalk account to yobit, start collecting free coins. Airdrops are also a good idea. After you have gained some experience with cryptocurrency, factors like the coin’s regulations in your country, it’s liquidity, and supporting communities will help you choose the best coin.

Because the coin’s price is fixed, it remains stable even with the volatile market. Similarly, the government cannot terminate its operation neither can any individual control it.

There are many places to channel your crypto earnings. However, some of them are risky. Take the example of gambling. Though you could make huge profits, a win is not guaranteed. Likewise, it’s hard to identify genuine gambling sites.

Another essential trait is passion. It’s easier to succeed in something you love. A passionate investor will find opportunities which other people are likely to overlook.