Post
Topic
Board Beginners & Help
Re: MOST COMMON MISTAKES OF A NEWBIE
by
recoles
on 05/06/2016, 14:22:52 UTC
Ahoy there  Smiley
Im a beginner with electronic currencies and started using Yobit few days ago
I would like to know what types of common mistakes newbies make and what to avoid in early days

Regards


Newbies uses web wallet whfch is really not that secure. Try to find a more suitable wallet for you like a desktop wallet hardware wallet , paper wallet or etc. A wallet whch you are the only person who has access to it's privatekey. Also most newbie invest in hyips and ponzi like it's actually a real investment well it's not. They are fraud and eventually they will run with your coins. Also if yo are tradig, don't go with the current hype that every coin is in. Trade coins that has a solid foundation not those coins that the price rise up pretty quickly and ended up as a pump and dump scam.
and For a newbie is better to more read and learn anything for knowledge. It will avoid newbie to do so many mistakes. And the newbie will become more experienced.