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Ahoy there

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

Common mistake of newbies here is joining HYIP sites and Investor-based games that is more likely to scam you within few days resulting to a loss of your coins.

Yeah and its nothing new as when I was a newbie even I invested in doubler site to double my coins quickly, but then I realised that I have been scammed, but I learnt from my mistake.

That has to be the biggest mistake i see constantly, people thinking other people will double their coins in 5 minutes...it sounds great until they run and just never come back, there is no purpose to think someone can double your coins faster than you can.

That's true but when you are really new to something then that mistakes are obvious to happen, may be the greediness comes into play and that disturbs everything.

Well I agree with you. When I was new I have runned into many of that and lost a lot of money there maybe 0.03 BTC that I made that time in faucets. Well I guess God is good so I got an opportunity to earn big via trading especially when I joined here, and now I can easily get 0.03 BTC even more. Grin

Yeah and everyone has made that mistakes but the good thing is to learn from our mistakes and make sure that we don't repeat same mistake again and again in future.