Quote from: trobin on January 31, 2018, 04:24:11 PM

Quote from: reck1ess on January 31, 2018, 04:11:03 PM

BITCOIN 10 COMMANDMENTS

1. Do not buy more bitcoin if you can't afford to lose them.
2. Do not store everything in one wallet/exchange.
3. Buy on the dips, sell on the peaks.
4. Honor the creator and the developers.
5. Do not believe on everything you see on the news.
6. Do not buy/sell panic.
7. You should have other cryptocurrencies beside me(bitcoin).
8. Do not give you private keys.
9. Give your cryptocurrency addresses instead.
10. Always put secondary securities if available.

So i was thinking of a good idea to help beginners to start their journey in bitcoin and other cryptocurrencies. Then i came into this.
Would appreciate if you can contribute some suggestions that are better than mine so I can replace other commandments to make it look more better and helpful to freshers.

Not really changing them but just writing them a little differently:

1. Never invest more than you are able to lose.
2. Store your coins across different wallets/exchanges.
3. Buy low, sell high.
4. Understand and respect the idea of bitcoin and the intended direction set out by the creator and developers.
5. Take time to read news in full and assess if it is accurate and what it means, do not believe everything you read or hear.
6. Never allow your emotions to dictate your decisions, always take time to consider decisions and remove panic/fear from them.
7. Hold a diverse portfolio of cryptocurrencies to reduce risk.
8. Practice safe practices with passwords and private keys, do not ever share these with anyone under any circumstances.

9 and 10 I didn't really like so maybe they can be the ones you change, overall though it's really great advice for anyone starting out and covers the real basics.

Thanks for your cooperation. I will be applying this if you wouldn't mind.