Re: 11 Mistakes you should never do in crypto trading✌✌
by
ross14k
on 13/09/2018, 10:00:05 UTC
Thx, its quite helpful. For now, I havent made significant mistakes, but its always interesting to learn more about possible risks. Actually, I think that there are even more mistakes that can be made in crypto trading. For example, that it isnt wise use trading platform before you managed to make a research about it. Each newbie can simply read a review about exchange and then decide to use it or not. Simple process that helps in avoiding frauds. Moreover, there are user-friendly exchanges with understandable interface, which might be very useful for newbies. Personally I began trading with cex (https://cex.io/), so it wasnt very hard for me.
I'm totally new to bitcoin. What needs to be done if i want to accept micro bitcoin for services that i offer? What type of set up i need to do?
Thanks Steve
Hi there! If I understood you correctly, you want to use btc as a payment method. Well, the first step for each newbie is to create an account on a cryptocurrency exchange. It might be better to choose user-friendly exchange. CEX (https://cex.io/) might fit you, as its kinda convenient. Besides, youll need to use online wallet. Im not quite sure that I can suggest you a way to use bitcoin as a payment method, but it certainly wont work with a hardware wallet. So, youll need to keep your crypto online.
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Re: Do not exchange coin on Poloniex if you do not want to wait and "lose money"
by
ross14k
on 04/09/2018, 13:28:46 UTC
That's really sad to hear😞 I heard mostly positive reviews about them. But as the time shows, every case is different.