Quote from: SOKO-DEKE on Today at 08:28:47 AM

Quote from: Vera Hammy on March 13, 2025, 02:52:30 PM

Hello everyone i am new to the forum, I’ll really need your guidance to help me understand the forum better, I’ve gone through some threads here in the Beginners and help board, but I think I’ll need more guidance I don’t know much about bitcoin but am open to learning.

You are welcome. Learning in the forum is not something hard, but it depends on how someone approaches learning here. Some people's way of approaching learning is to rush and try to learn everything quickly so they can start earning like other members in the forum. However, they often fail to realize the time it took others to reach that level, enabling them to use features like signatures and avatars.

If you decide to rush and learn everything within a short period, you might not gain a proper understanding of Bitcoin and other related topics. This could negatively affect you later. In fact, rushing through learning might prevent you from fully understanding the rules and regulations, which can lead to issues. For example, some members have had their accounts tagged because they didn’t take the time to learn the forum rules properly.So, my advice is to take your time, stay calm, and learn gradually so you can understand everything well. Pay attention to the links provided by other members, as they will be of great help to you.

Quote from: cvx-move on April 16, 2025, 04:54:06 PM

Hi. I am a beginner in cryptocurrencies & mostly a holder than being a trader , but I have lost a lot of money past one month,the Bitcoin goes up & down but other ones just goes down why? is it normal or not? I have some Move-CVX-XRP-Major_GMT & all of them are still going down & down.I am disappointed & confused & maybe give up this market forever. If you are an experienced one please give me some advise.

If I may understand you properly, you invested in altcoins, which I may call "shitcoins." In fact, these tokens you mentioned I do not know much about, but I have heard some people complaining about them because they lost almost 80% of their capital in those projects.Newbies are advised to avoid altcoins as they may not be capable of conducting proper research on their own. If you had invested the money you put into "shitcoins" in Bitcoin, even if you were at a loss, I don't think your losses would have exceeded 20%, assuming you bought at an all-time high. However, if you invested early last year, you might even be in profit.I also want you to know one more thing: almost all altcoins are pump-and-dump schemes. Once they dump, it’s hard to see them pump again. But with Bitcoin, if you hold for the long term, there is a higher probability of being in profit.

Thanks a lot for the advice ,It helped me to understand the situation better.

cvx-move

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