Post
Topic
Board Speculation
Merits 4 from 2 users
Re: Buy Buy Buy or Sell Sell Sell?
by
Pi-network314159
on 16/07/2024, 15:31:57 UTC
⭐ Merited by Ishicryptic (3) ,JayJuanGee (1)
newbies should do their research first before investing.
Personally, I think newbies should get started rather than wasting time researching.
What I meant by newbies should do some research is that some newbies lack basic knowledge about bitcoin. If they don’t accumulate knowledge about bitcoin before investing, some might end up losing their investment because they don’t know the appropriate wallet to use in storing their bitcoin, they don’t know how to secure their private key, some don’t even know reputable places to get bitcoin from and other basic things which they should know. Some newbies just see some advertisements about bitcoin on social media, and they will pick interest in it, and we all know we are not supposed to trust or follow most of the videos we see on social media because some of them are scammers. That’s why I do recommend that newbies do research before investing.
 
If they invest first before doing research, before they get to understand something’s, it might already be late. Some newbies might see some Ponzi scheme that will require people to deposit bitcoin on a particular site as an investment. A newbie without knowledge might end up falling for tricks like this.

It is very important for newbies to ask questions from experienced crypto holders and learn to carry out research before buying any cryptocurrency including Bitcoin.
It seems to me that you don't understand the meaning of what you are saying. How can you be asking from expirenced crypto holders? Did you really know what experience crypto holders mean? For the benefit of doubt cryto holders from my experience mean expirenced mean shitcoin holders. And that is not what we are talking about here. When making preference you should consider a potential coin like bitcoin instead of contradicting the whole situation.

Although Bitcoin is safe to buy and hodl but altcoins requires both newbies and experienced people to research any altcoins that they want to buy.
Altcoin is not necessary at this point in time. Bitcoin should be what we should be thinking of right now because it's the future of blockchain technology. Any other coin aside bitcoin is prone to distraction to me, I don't know of you. But if I where you I will pay much attention and stay away from those fucking shitcoin or altcoins whatsoever, because they are misleading and distraction to bitcoin. It is better you know your way around now before it's too late. Because if you doubt what am saying and you invest your fund in shitcoin, you will come back crying of lossing your precious fund to shit scam projects.