Kakashi2020 Posted June 3, 2018 Share Posted June 3, 2018 What things do I need to know about cryptocurrencies which are basic need to know for first time investors? Investing in cryptocurrencies is a new thing, what would be the things a new investor needs to know? Quote Link to comment https://slingbank.com/forums/topic/645-what-do-i-need-most-to-know-about-cryptocurrencies/ Share on other sites More sharing options...
NerdIndeed Posted January 4, 2019 Share Posted January 4, 2019 I believe that for beginners, the better way to start is from investing only TIME. By taking part in different airdrops or bounty programs such as TokenGo etc. What do you guys think? 1 Quote Link to comment https://slingbank.com/forums/topic/645-what-do-i-need-most-to-know-about-cryptocurrencies/#findComment-3857 Share on other sites More sharing options...
JPK0007 Posted January 11, 2019 Share Posted January 11, 2019 (edited) i think that the beginners need to do a lot of research before finally taking the decision in investing in any sort of Cryptocurrencies. It is always best to be safe when you are new to the field of high risk investment like cryptocurrency. However, one needs to take some risks and try to diversify there investment in more than one Cryptocurrency. It is always advisable to invest only that much amount that you can afford to lose. Edited January 11, 2019 by JPK0007 1 Quote Link to comment https://slingbank.com/forums/topic/645-what-do-i-need-most-to-know-about-cryptocurrencies/#findComment-3906 Share on other sites More sharing options...
Alania Posted January 12, 2019 Share Posted January 12, 2019 To be honest with you, I don't "pollute" my mind with any other cryptocurrency except BTC, because I personally believe it's the most trusted one and safest. Apart from it having a potential to outlast all the others. 1 Quote Link to comment https://slingbank.com/forums/topic/645-what-do-i-need-most-to-know-about-cryptocurrencies/#findComment-4006 Share on other sites More sharing options...
VanessaIsabelle Posted January 12, 2019 Share Posted January 12, 2019 Cryptocurrency are the digital gold and the money of the future. To name a few, we have Bitcoin, Ethereum and Ripple. Before you invest, I suggest you investigate and gather feedback's from people who have invested in them. Try to be open minded and neutral as possible with a wide range research material with first hand information. You have to learn before you invest and be cautious. Be aware of all the market cap which tells you more or the less the value of your cryptocurrency. 2 Quote Link to comment https://slingbank.com/forums/topic/645-what-do-i-need-most-to-know-about-cryptocurrencies/#findComment-4009 Share on other sites More sharing options...
Alania Posted January 30, 2019 Share Posted January 30, 2019 On 1/12/2019 at 4:35 PM, VanessaIsabelle said: Cryptocurrency are the digital gold and the money of the future. To name a few, we have Bitcoin, Ethereum and Ripple. Before you invest, I suggest you investigate and gather feedback's from people who have invested in them. Try to be open minded and neutral as possible with a wide range research material with first hand information. You have to learn before you invest and be cautious. Be aware of all the market cap which tells you more or the less the value of your cryptocurrency. By the way, it might be hard for a person to become familiar with cryptocurrency because for example BTC offers to choose a certain wallet at the start and it's kinda confusing how to pick the right one (that's where it has lost me at first). 1 Quote Link to comment https://slingbank.com/forums/topic/645-what-do-i-need-most-to-know-about-cryptocurrencies/#findComment-4101 Share on other sites More sharing options...
bomb Posted November 12, 2020 Share Posted November 12, 2020 On 6/3/2018 at 2:46 PM, Kakashi2020 said: What things do I need to know about cryptocurrencies which are basic need to know for first time investors? Investing in cryptocurrencies is a new thing, what would be the things a new investor needs to know? You need to understand the architecture of cryptocurrency. How it came to be, how it operates and the trends and history of different coins. It is advisable to gather enough knowledge before trying to invest in crypto. You can easily burn your fingers. 1 Quote Link to comment https://slingbank.com/forums/topic/645-what-do-i-need-most-to-know-about-cryptocurrencies/#findComment-11790 Share on other sites More sharing options...
axel Posted December 1, 2020 Share Posted December 1, 2020 Well here is a very informative link that tells you what you need to know about cryptocurency: https://www.consumer.ftc.gov/articles/what-know-about-cryptocurrency#Investing in Cryptocurrency 1 Quote Link to comment https://slingbank.com/forums/topic/645-what-do-i-need-most-to-know-about-cryptocurrencies/#findComment-12045 Share on other sites More sharing options...
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