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kingsbtc

As a beginner did you experience difficulties

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9 hours ago, kingsbtc said:

We all know how difficult it is for a beginner to make money in crypto currency. As a beginner how many times have you expirence loss in crypto currency and how where you able to to control that

Everyone should learn and research before spending money. Did your parents and elder teach these basic things? We learn that outside the crypto world.

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Well it's about 2 years that i am investing and i have decided to invest for long term and only keep buying as prices go down. I am not trading and so i have never sold yet and so i have never post yet. Will only sell when prices spike in bull market 

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As a beginner, it's hard to start here without knowledge about crypto, we should try to search and learn about or just read here all the post and comments that will help you.

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As a beginner I lost one time it was my fault because before investing I didn't research about the site it was double your bitcoin site and I thought it is easy but it is very difficult to earn that was an experience 

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When I was a complete noob at crypto, I bought bunch of random tokens that were at +800% increased price in 24 hours. Dang I'm trying to remember the name of it... It's some Proof of stake/masternode trash coin(I will add the name when I remember). I thought holy shit this coin gonna make me rich.. I bought like 500€ worth of them... I had no idea what pump and dump was... So what happened next was, I woke up the following day and the price was -1000%. I lost nearly all the money I put into them. I thank this experience since it made me research alot.

Edited by neurolicious
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As a beginner, I first lost $ 10. Because I did not have a good idea about the site I invested in. That site was a scam site. So beginners should do a good research on crypto before starting any work.

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I didn't count it but until now make me stress when loss happen. I only write the strategy and nominal I use as my money management data, nothing else. First time is difficult but can pass away without angry is important, we can have fresh mindset about the real trading. That's my first lesson from first loss in market, it's worth actually.

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sometimes i faced difficulties on making money with crypto.basically on altcoins i have missed to trading some times.after that got new experience and made no mistakes again

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Yes of course i have. I have so many questions that are not answered immediately when i post. But because of good members on this community i have learned alot and im thankful.

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My first experience with trading is really bad, use half my money in one shot ( too optimist ). The result is I got lost and make me angry for 2 days. I broke my laptop and buy new one. Really bad if we can't control emotion and I hope become more patient in 2020 because already has fresh fund trading.

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On 12/30/2019 at 5:15 PM, kingsbtc said:

We all know how difficult it is for a beginner to make money in crypto currency. As a beginner how many times have you expirence loss in crypto currency and how where you able to to control that

When I was beginner it was in 2017. On November of this month Roger Ver made me lose money and I'll always remember this and probably he will lose a lot more with BCH.

Edited by BTC Future

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Yeah of course. Especially while creating wallets. I don't know which wallets to use. So I did a lot of googling and youtubing to find which wallet to use.

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Crypto trading is much easier than Forex trading when i start crypto trading i not learn properly i experienc some difficulties like i did not understand the market just put order blindly when I decided to enter this field I don't know how I can buy bitcoin and other cryptocurrencies

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Of course all beginners or in the beginning, we always feel of experience the difficulties, and we struggle but after we surpass that by doing things we must such as giving more effort, time and dedication to continue at any cost then the difficulty will eventually become normal to us, and we will gain experiences that will be useful and helpful for us.

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On 12/30/2019 at 8:15 PM, kingsbtc said:

We all know how difficult it is for a beginner to make money in crypto currency. As a beginner how many times have you expirence loss in crypto currency and how where you able to to control that

I will honest here,i do not suffer big losses in crypto because of my friends .They shared their experiences with me and guided me.Now what i am today is all because of their sincere help and guidance.If i don't have them i will be a looser.

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No not at all , because i have experience commenting on forum because i have used bitcointalk forum before , it is pretty same like it but Crypottalk pays us but btcointalk dont 

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Yes, that's a normal thing for the beginners because they are new in this concept. But to counter it, beginners must study its basics to have a knowledge in a specific concept. Because if not, problem may occur.

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Of course difficulty is part of your journey especially when you are just starting. Sometimes I hate to read difficult topics because of the terminologies used but it pushed me to learn things. I also experienced difficulties in managing my time but eventually, I became aware of handling it. This world will also test your patience to the point that you are thinking of quitting. But thank God I did not. All these hardships I believe are nothing when we achieve our goals.

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Of course all beginners in crypto cant avoid this kind of struggles, its just how are you going to face it and overcome it. if you are determine and confident i am so sure you can overcome it.

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On 12/30/2019 at 11:15 PM, kingsbtc said:

We all know how difficult it is for a beginner to make money in crypto currency. As a beginner how many times have you expirence loss in crypto currency and how where you able to to control that

Mistakes will make you a better person or smart enough,you will never know the right thing to do if you dont make any mistakes,everybody ofcourse made the wrong move specially in trading,but if you know your mistake,the next time you deal with it will be right coz youve learn your lesson already.

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Well the twin of success is failure, you need to accept you fail as a beginner and move forward and make good decisions about cryptocurrency so that you cannot lose you money again. Very well said that patience is the key to success in crypto industry.

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