Post
Topic
Board Bitcoin Discussion
Re: Basic Bitcoin skills
by
Tessnik
on 16/09/2021, 18:24:26 UTC
Welcome to the forum. Depends what country you're in, but:
1. Do not store your bitcoin on exchanges or webwallets.
2. Do not daytrade.
3. Do not invest in cloudmining (Most are ponzis, fractionally reserve mine, or charge too high fees = you will never ROI).
4. Do not mine until you have done at least 100 hours of research.
5. Do not invest your bitcoins in any investment schemes.
In addition, don’t invest in any crypto venture you don’t know, especially those activities that are high-risk base. My best advice for the ops is to just buy and hold Bitcoin in a cold wallet and hold for long because as a newbie in crypto you need to take your time to research in other not to lose your money.