Post
Topic
Board Altcoin Discussion
Re: Newbie Come to Crypto What they should do first?
by
lornadane
on 09/03/2022, 07:39:07 UTC
I don't know which others, when i come first I look at coinmarket cap and learning a detil the coin I want to buy.

My friend ask me, what coin he should buy , but I not really sure for now because I'm entering cryptocurrency 3 years ago. Too many coin right now that make me confusing

for a beginner, I think what you do is study the market movements and also learn the coins you want to invest. I think for a beginner should follow what you are doing.
It is very important indeed before buying coins for investment a beginner needs to do research,
and not just for beginners but for all who want to buy because then at least we know what the coin looks like,
it takes time for them to understand the market movement
the crypto market is different from other markets (foreign currency, stock and etc), there are some people who are very confident to inside the crypto market with that knowledge ends in failure. they think both are the same, they begin with high capital and thought it would be like as what they did before. and now they blame the market.

Yes it's true that many of the big entrepreneurs sometimes blame the crypto market when losses overwhelm them.
Without them seeing the difference between the stock and the crypto market is very much different.
Especially when it comes to buying and selling as well as working hours.
Meanwhile, the crypto market has absolutely no buying and selling limits.
Even though sometimes people think it is easy to enter the crypto market, in reality it is not that easy.