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Showing 11 of 11 results by koicrypto225
neither one of the two options you named are any good!
faucets will waste your time, may infect your computer when you visit them and they will give you such a small amount of coins that is not even worth 1 tenth of the effort you put in!
the mining "sites" are either scams or will turn into one sooner or later because selling mining contract is not even profitable for them. you will end up paying a lot more money in fees than you earn at some point. for example now that price of bitcoin has come down the maintenance fee of all the cloudmining sites is higher than their payments.
if you want to 'invest' then just do it directly in bitcoin. and if you want to earn then go do a real job instead of wasting your time. then use that money to buy bitcoin.
faucets will waste your time, may infect your computer when you visit them and they will give you such a small amount of coins that is not even worth 1 tenth of the effort you put in!
the mining "sites" are either scams or will turn into one sooner or later because selling mining contract is not even profitable for them. you will end up paying a lot more money in fees than you earn at some point. for example now that price of bitcoin has come down the maintenance fee of all the cloudmining sites is higher than their payments.
if you want to 'invest' then just do it directly in bitcoin. and if you want to earn then go do a real job instead of wasting your time. then use that money to buy bitcoin.
Helped much, thanks for this. I tried faucets and it's a total crap. It wastes so much of your time which is so precious and giving a really close to nothing return. I'm afraid to try mining sites because of the reviews available.
Id prefer also long term trading, its the best way to engage in crypto because we dont know when will the price got pump and dump. as long as you invested in the good coin.because sometimes there are coins that will not last long enough so we gotta careful in choosing coin for long term trading. And the advantages of long term trading is when you buy a coin in a lower price in the future it will triple or double.
Long term trading is most likely a wise option especially for a beginner. There will be continuous pump and dump on the price. And this would entail confusion and emotional pressure particularly to a beginner. So, as the strategies are still on process of absorbing, long term trading is a good start.
I won't even narrate any history, I will just say it as it is.
I got involved with cryptocurrency and overwhelmed with the market size and and all the good sides of the story, I didn't waste much time to gain little knowledge about the market, invested in it as anyone else could have, joined trading with little or no knowledge of crypto trading, learning on the trade, grew with the market, supposed to be a sweet experience but otherwise happened. I wasn't frustrated with the constant downtrend of the market, I guess it was my expectations that got it frustrated and eventually all was 1000% losses and I closed all trade without a consolation. But I'm still not giving up, rather looking for how to amend some of my mistakes.
Life experience cryptocurrency 1.0 (exited)
I got involved with cryptocurrency and overwhelmed with the market size and and all the good sides of the story, I didn't waste much time to gain little knowledge about the market, invested in it as anyone else could have, joined trading with little or no knowledge of crypto trading, learning on the trade, grew with the market, supposed to be a sweet experience but otherwise happened. I wasn't frustrated with the constant downtrend of the market, I guess it was my expectations that got it frustrated and eventually all was 1000% losses and I closed all trade without a consolation. But I'm still not giving up, rather looking for how to amend some of my mistakes.
Life experience cryptocurrency 1.0 (exited)
Yeah, it has happened and the good thing is you have learned and still determined to continue what has been started. What's important is to carry the lesson along the way. It may be repeated from to time to time; hence, it is truly needed to be skeptical and open-minded always.
Thanks for the positive feedback guys, it really means a lot! 
I just honestly think that if you are here and you are participating/looking/learning, then do it the right way!
Forget about the money aspect, help yourself first. This may sound a little bit like double standards as I have a signature campaign on here, but i might as well if i'm here right? It's not the primary reason i'm here. Learn to make content that people find helpful and engaging. Try and have a positive outlook, look at it from the perspective of YOU being the one who is giving out the merit- would you give merit to the vast majority of posts in here? I wouldn't.
I'm no expert but i'm trying. All the knowledge I need is here and on the web, I just have to find it, digest it, shape it and then present it in a way that people find useful and informative. This isn't rocket science guys, all you have to do is try a little harder. If your mindset is right- you are almost there.
I just honestly think that if you are here and you are participating/looking/learning, then do it the right way!
Forget about the money aspect, help yourself first. This may sound a little bit like double standards as I have a signature campaign on here, but i might as well if i'm here right? It's not the primary reason i'm here. Learn to make content that people find helpful and engaging. Try and have a positive outlook, look at it from the perspective of YOU being the one who is giving out the merit- would you give merit to the vast majority of posts in here? I wouldn't.
I'm no expert but i'm trying. All the knowledge I need is here and on the web, I just have to find it, digest it, shape it and then present it in a way that people find useful and informative. This isn't rocket science guys, all you have to do is try a little harder. If your mindset is right- you are almost there.
Thank you for this. It has helped a lot of newbies (including me) to once again check what is the primary aim in engaging a forum like this. Earning is an enticing reason, but having that purpose alone won't suffice if one wants to have a purposeful and meaningful participation. Indeed, what is truly essential is to have a right mindset and things will fall in its rightful place.
Well, guess what are they here for? Why would they improve their post quality for no reason? Everything gravitate around the money, and merit means more money. Easy peasy ...
So, don't be disappointed. That's live.
So, don't be disappointed. That's live.
That makes me feel dirty. They should want to improve their post quality in order to more clearly and efficiently convey their thoughts. They should want to improve their post quality because it will open all sorts of opportunities for them if they are able to articulate their thoughts and speech in a way that is attractive to others. I'm not saying they should want to improve themselves for no reason, what I am saying is that there is an endless sea of reasons and merit should not be the primary motivation. Maybe I am being naive, but I'd like to think that there are members arriving on the forum that are not solely driven by money and merit.
Thanks for your nice reviews. I will try my best to improve myself.
i am a new member here and don't have full awareness about posting rules so you made me well understand about posting behavior in your post and i learnt a lot from you thanks a lot.....
Here's a friendly tip for a new user; when you are quoting a post from another user it is normally appropriate to -snip- and "trim" the post down so that you are not completely re-posting everything they already have. It is regular that people only quote the specific part(s) they are responding to. That being said, could you please explain a little more about how I helped you understand more about posting behavior? I don't believe I've ever given you a direct review, nor have you requested one in any of my threads. I'm very interested to hear how I've assisted you in anyway.
Thank you for your well thought out post. I'm new in this forum and I have not tried posting a useful and informative subject yet. I'm reading and learning through the posts and quoting some of it which I could relate into. I think the key to creating a good and worthy posts is learning considerably prior to laying thoughts out through posts worthy to be discussed. If one isn't confident yet and ideas are still cluttered, it is better to read and learn more. With that, sufficient knowledge will be accumulated resulting to worthwhile contributions on this forum.
6 Things Good and Bad You Should Consider Before Investing in Cryptocurrencies.
1)- Potential returns can be massive.
2)-Inexperienced teams. I mean to say Bad Experience
3)-Liquidity
4)-Technical difficulties
5)-Transparency
6)- Security
I recommend using a cold storage wallet that lets you control your private keys. Your private key is what allows you to access your coin on the blockchain. It's best to keep this key offline and in a secure place.
Investing in cryptocurrencies is very risky. The markets are volatile and the technologies are still quite young. However, they are still a great opportunity for anyone interested in investing. Treat them as you would any investment and please do your own research.
1)- Potential returns can be massive.
2)-Inexperienced teams. I mean to say Bad Experience
3)-Liquidity
4)-Technical difficulties
5)-Transparency
6)- Security
I recommend using a cold storage wallet that lets you control your private keys. Your private key is what allows you to access your coin on the blockchain. It's best to keep this key offline and in a secure place.
Investing in cryptocurrencies is very risky. The markets are volatile and the technologies are still quite young. However, they are still a great opportunity for anyone interested in investing. Treat them as you would any investment and please do your own research.
This is very risky but big risks come with big possibilities of return. The most important thing is to be vigilant at all times. Read and understand well how this stuff works before jumping into decisions.
Merit is given by other users that find your post useful. It's not easy getting merits, and I wouldn't focus too much on it. Instead try to learn all about Bitcoin read a lot, and be helpful to other users requests and questions. At some point you will get your first merit, and your second. And soon you will see why you receive merits, and why most of the posts do not. From your history I can tell that most of your posts just answer with an opinion about something that has nothing to do with Bitcoin. Those posts will not get you far, as they are considered useless and spammy in this forum, thanks to all the bounty campaigns.
Yes, I'm new in this area and although having merit is enticing, it shouldn't be a focus especially for a newbie. Instead, reading the available information and learning from it pays much. Having merit will be earned through time and will be a reflection of what has been learned and contributed in this forum.
2-Stay away from media news:
Media are always manipulating traders through some false news and even the social media (Twitter, Facebook..), They may even control what happens in the market (crisis, jump), in order to achieve the interests of some (the capitalists) and regrettably, many believe the information and fake predictions.
The tips presented are undoubtedly useful when dealing with crypto and especially in its trading as risk is expected. However, in my opinion, media is also a useful source of information as long as caution is coupled in dealing with it.
First of all, welcome on board. This is a right place for you to learn not only about Bitcoin but also other cryptocurrencies and blockchain technology. I would recommend investing your time in reading as much as valuable posts and learn what Bitcoin and crypto are all about. Start with the beginners and help section where you will find the solutions to most of your queries as a newbie. Do not invest in anything without doing any research, there are many scammers out there executing their scams under the name of crypto.
Yes, this forum is such a good place to start knowing about bitcoin. Just starting this thing and the threads are very helpful in gaining insights on how this stuff works. Great to hear advices from established members here.
There's alway some sad feeling going with newbies in any community, including this forum.
Firstly, newbies do not understand all neccesary regulations, thus may easily get hurt when their posts are deleted due to not conforming to rules. Secondly, newcomers are seen and sometimes treated as strangers who trying to get some precious resources from the cummunity. Thirdly, posts by juniors are probably not appreciated and usually passed by senior members (i.e. newbies writing just for other newbies reading, mostly). Forthly, trying to write good posts but not hoping much to get merits as mentioning in another thread obviously another discouraging thought to new members.
Anyway, I think that's quite normal, because all members have experienced such feelings when they just joined this forum. The only matter is how they manage to pass such little akward moments.
What're my solutions? Well, just follows common instruction: reading more, learning much, and trying to contribute useful posts within my current knowlege about cryptocurrency world, as much as I can.
How about you, new guys? Any better ideas?
Firstly, newbies do not understand all neccesary regulations, thus may easily get hurt when their posts are deleted due to not conforming to rules. Secondly, newcomers are seen and sometimes treated as strangers who trying to get some precious resources from the cummunity. Thirdly, posts by juniors are probably not appreciated and usually passed by senior members (i.e. newbies writing just for other newbies reading, mostly). Forthly, trying to write good posts but not hoping much to get merits as mentioning in another thread obviously another discouraging thought to new members.
Anyway, I think that's quite normal, because all members have experienced such feelings when they just joined this forum. The only matter is how they manage to pass such little akward moments.
What're my solutions? Well, just follows common instruction: reading more, learning much, and trying to contribute useful posts within my current knowlege about cryptocurrency world, as much as I can.
How about you, new guys? Any better ideas?
If it is any consolation, I am a senior member here, but even my posts get deleted some times. I try not to dwell on it, but instead try to make better contributions the next time around. A good attitude, respect for others and a willingness to learn are key.
P.S. And don't forget, all legitimate members here had to start from scratch.
It's a consolation indeed. Great and very helpful to hear from a senior member engaging in this thread.
To begin mining bitcoins, you'll need to acquire bitcoin mining hardware. Bitcoin mining with anything less will consume more in electricity than you are likely to earn. It's essential to mine bitcoins with the best bitcoin mining hardware built specifically for that purpose. So is it really a good idea to start mining?
Bitcoin mining would be much profitable but the risk that it entails because of expensive capital needed should be considered beforehand.