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TheRaed

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Through your work in cryptocurrencies, what is the best advice you can give to beginners in this field?
I just want one piece of advice

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49 minutes ago, TheRaed said:

what is the best advice you can give to beginners in this field?

One thing that I can give advise for the beginners of cryptocurrency is to keep on investing, investing is really good because it saves your money and it makes your money profitable in the future, do not be a worry when the price of the bitcoin goes down, if you are a strong believer of the bitcoin then you shouldn't feel that way because of the volatility of the bitcoin, changes of prices are normal. Just keep on holding your asset and pull it out once bitcoin inflation happens.

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Posted (edited)
8 minutes ago, Moontong said:

One thing that I can give advise for the beginners of cryptocurrency is to keep on investing, investing is really good because it saves your money and it makes your money profitable in the future, do not be a worry when the price of the bitcoin goes down, if you are a strong believer of the bitcoin then you shouldn't feel that way because of the volatility of the bitcoin, changes of prices are normal. Just keep on holding your asset and pull it out once bitcoin inflation happens.

@Moontong Regarding what you said about investing in bitcoin, yes, it is true one hundred percent
The price flop sometimes does not mean that Bitcoin is in danger but will rise and rise strongly

Edited by TheRaed
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Posted (edited)

In crypto field still so many new members exactly don't no how  scammers do scam, in this scammers hackers era its very important to know which project genuine and which scam, example everyone knows Twitter youtube scam, so my advice for beginners don't believe fake projects and sugar coated words.

Edited by Honny143
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47 minutes ago, Honny143 said:

In crypto field still so many new members exactly don't no how  scammers do scam, in this scammers hackers era its very important to know which project genuine and which scam, example everyone knows Twitter youtube scam, so my advice for beginners don't believe fake projects and sugar coated words.

@Honny143 I agree with you on this, as I know about people who have invested in cryptocurrency projects
Then they discovered that these projects are fraud and fraud
This happens to them due to entering the crypto world without prior knowledge

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I can provide advice for beginners, which is not to get dragged into profitable sites frequently during short periods of time, because they are often quorum and steal participants ’money. You have to be careful and choose wisely.

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I think that the best advice that can be provided to beginners in the field of crypto is not to invest in fake sites that offer you attractive offers as they are scams by fraudsters in order to steal your money

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Posted (edited)

My advice is always to take your time and don't react very fast. Usually, a rushed decision is the wrong one.
When you see opportunities that try to make you rush, like websites having timers or telling you how the first 100 investors will get double rewards it will probably be a scam trying to lure you in without doing research.

Edited by BTC Future
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8 hours ago, TheRaed said:

Through your work in cryptocurrencies, what is the best advice you can give to beginners in this field?
I just want one piece of advice

From  me i always made their mind not to be greedy for more .Because where they go for more they lose all their money.Always control your greedy,i said be greedy and earn more but always put a line which never be crossed.Where you know its my limit and not fall for more.Make resolve where you wanna go or what you do if loss all your money.

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Well first thing I call on beginners to be cautious of is the laws of the forum, being law abiding keeps them safe and free for learning the whole process involve in the system gradually to extent they become expert too, as always Experience is the best teacher. Derive some key lessons from others people mistakes in order to keep yourself free from law violations.

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That was a great idea that you made my friend. You are asking for someones advice with their own experience to learn from it which is very good idea because of their experience we can apply it to our journey here so that we can avoid unnecessary  things here and get some of their strategies for us to be successful here.

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On 7/29/2020 at 2:21 PM, TheRaed said:

Through your work in cryptocurrencies, what is the best advice you can give to beginners in this field?
I just want one piece of advice

 @TheRaed my advice to Newbie dont try to be much smarter but read, read and learn, learn.. If you dont understand something then ask but dont try to give wrong explanation to other because it will lead both to know wrong knowledge.. Dont be busy for earn because  when      you will be experts money will come to you automatically     

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Read more. That is my only advise to all newbies in the forum. Remember that in this platform, the more you read, the more you learn. Don't rush things, you can right post as soon as you read more here. Read the rules and regulations and read others post. That's all. The more you read, the more you learn. 

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On 7/29/2020 at 2:06 PM, TheRaed said:

Through your work in cryptocurrencies, what is the best advice you can give to beginners in this field?
I just want one piece of advice

Never run after money like watching different videos of earning $1k by trading and from airdrops in a day. Yes, some of them are real but they have great experience even they study about that for many years. So, I would request all of you member to learn some good skill and experience a lot about it because cryptocurrency is very huge than you have thought it's like beyond and we have to learn a lot of things.

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On 7/29/2020 at 2:16 PM, Andrew56 said:

I can provide advice for beginners, which is not to get dragged into profitable sites frequently during short periods of time, because they are often quorum and steal participants ’money. You have to be careful and choose wisely.

@Andrew56 Yes, you are right, especially now that you find many fraudulent sites that target beginners in particular, so care must always be taken

23 hours ago, Moaz said:

I think that the best advice that can be provided to beginners in the field of crypto is not to invest in fake sites that offer you attractive offers as they are scams by fraudsters in order to steal your money

#Moaz I noticed that everyone has this advice because everyone has often been exposed to the monument from some of the sites

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For newcomers in the crypto world , I have following advises according to my experiences:-

  • Do not care about false information or media hypes
  • Search and all the essential things about cryptocurrencies
  • Do not think like crypto is get rich quick option, you need money to make money from the tradings in this field 
  • Start from small investment amounts
  • Choose the real and unique coins like BTC,LTC,XLM,XRP and choose the best exchange platforms like Binance, Bittrex, Yobit, etc. 
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Each member here should share his experiences with us even if they are modest! we should learn from the experts and beginners here..

my advice is that don't trust any investing site! You can believe only in official platform and exchanges.. also avoiding scam coins is really important in this cryptocurrencies world..


The first Russian vaccine against Corona and its effect on cryptocurrencies. https://cryptotalk.org/topic/109771-the-announcement-of-the-first-russian-vaccine-against-corona-and-its-effect-on-cryptocurrencies/

Yobit is marketing for its new token "Talk" https://cryptotalk.org/topic/106395-yobit-is-marketing-for-its-new-token-talk/

What do you expect from CRYPTOTALK after 10 years ?https://cryptotalk.org/topic/42224-what-do-you-expect-from-cryptotalk-after-10-years/ 

Don't forget to give positive or negative rates for those who deserve that!

 

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Sometimes that becomes very difficult and so its important to keep value of what little we have so as to avoid everything from falling its important we are able to keep everything in its own solution standards and make sure that your experience can also teach other people its very very important that works well

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On 7/29/2020 at 11:05 PM, Moaz said:

I think that the best advice that can be provided to beginners in the field of crypto is not to invest in fake sites that offer you attractive offers as they are scams by fraudsters in order to steal your money

The question here is how can they identify whether the website is legit or fake, the best thing to do about it is to check first the source link, if there is an unusual text written n the source, that is a fake website. You may also identify a fake website if there is a grammaticaly error on some of the content on the website.

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11 minutes ago, Moontong said:

The question here is how can they identify whether the website is legit or fake, the best thing to do about it is to check first the source link, if there is an unusual text written n the source, that is a fake website. You may also identify a fake website if there is a grammaticaly error on some of the content on the website.

Exactly! Just checking the source link or reading if there is wrong words, grammar or any unnecessary things for the website is considered as scam. For me this is enough to categories if its legit website or not. 

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Agreed its important other peoples mistakes are turned into our own lessons because where others have failed, gives you a chance not to fall to the same mistakes , but keep on working as hard to bettering what they have already done in whatever we do its really important we are able to value the little things  we have that works perfectly for you.

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If you are a beginner and have little experience in the field of trading, you must control your emotions, not to be greedy, and do not think you will earn a lot of profits within a short time, and trade with small amounts because any mistake or sudden change in the market will lead to a great loss  .

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There are a lot of tips that can be provided in reality, but the most important advice that I would like to offer is to avoid fraudulent sites and unbelievable offers such as obtaining $ 20 when registering sites and not to deposit with any unreliable sites, especially if they are new sites


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The one piece of advice that i can give to beginners is to never be greedy because greed is the main reason why people make huge losses. Greed is what results in excessive crypto gambling, which is available on almost all crypto sites, and when you try to use tricks to double your money and so on you find that you lose rather fast. There is no guaranteed way to win when you gamble and you should avoid it at all costs. Also i think that greed is what drives us to try doubling sites too and new investments. the rule is that if it sounds too good to be true, then it probably is. 

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my advice is do not follow your sentiment in trading and be patient, follow the technical analysis for any chart of any coin to trade, in investment choose the strong coin.

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