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Author Topic: Newcomers, here's your FAQ: Who should I trust?  (Read 48383 times)

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Newcomers, here's your FAQ: Who should I trust?
« on: January 22, 2018, 03:39:21 PM »
Jameson Lopp (19/Nov/2017)
Quote
Welcome to Bitcoin, newcomers! Here's your FAQ:

 Q: Who should I trust?
 A: Nobody.

 Q: When should I sell?
 A: Never.

 Q: Is Bitcoin dying because ____?
 A: No.

 Q: What have I gotten myself into?
 A: Nobody knows.

 Q: How do I learn more?
 A: https://lopp.net/bitcoin.html

Source: https://twitter.com/lopp/status/932350908461133825
"Your keys, your Bitcoin. Not your keys, not your Bitcoin." (Andreas Antonopoulos)
Latest stable Bitcoin version
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The following users thanked this post: bitjackpots


Offline BlockTechnology

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Re: Newcomers, here's your FAQ: Who should I trust?
« Reply #1 on: January 23, 2018, 02:33:49 PM »
I would also add an important piece of advice:
"Less nervous and do not give in to panic"

Offline bitzi

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Re: Newcomers, here's your FAQ: Who should I trust?
« Reply #2 on: January 25, 2018, 01:53:52 PM »
I should trust no one
Karena dengan menggunakan brand identity, Anda dapat membentuk persepsi orang-orang terhadap bisnis Anda.

Offline MaxXXXX

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Re: Newcomers, here's your FAQ: Who should I trust?
« Reply #3 on: January 28, 2018, 02:17:27 PM »
in God we trust

Offline Sensiyorum

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Re: Newcomers, here's your FAQ: Who should I trust?
« Reply #4 on: February 27, 2018, 07:01:33 AM »
I completely agree with the opinion not to trust anyone but yourself. This rule especially concerns various financial operations and trading.

Offline Tellmoth

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Re: Newcomers, here's your FAQ: Who should I trust?
« Reply #5 on: March 02, 2018, 08:12:59 PM »
I understand that this advice is meant to be cynical but it's getting to the gist of it. Like in any kind of economic situation, you are forced to make your own decisions - but you can learn where to look for information.
May you live in interesting times

Offline EnKoT

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Re: Newcomers, here's your FAQ: Who should I trust?
« Reply #6 on: March 06, 2018, 05:48:11 PM »
in God we trust
I dont....better trust your mom or dad...they are at least real ;)
Since I am quite new in the cryptocurrency world (compared to others) I realize that the security factor is as important or maybe more important than making good decisions in where to invest or not...

Offline innate

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Re: Newcomers, here's your FAQ: Who should I trust?
« Reply #7 on: March 09, 2018, 07:56:06 AM »
hm, it's nice. thank you for it

Offline Zoey_iam

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Re: Newcomers, here's your FAQ: Who should I trust?
« Reply #8 on: April 13, 2018, 10:13:48 PM »
Trust your guts but should be based on valid information and analysis of financial and trade situations.

Offline yazzy

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Re: Newcomers, here's your FAQ: Who should I trust?
« Reply #9 on: April 15, 2018, 11:19:59 PM »
Trust no one.  They all have vested interests.  Trust your decisions but be sure before even doing something big when doing bitcoin, do not spend more of what you're not prepared to lose.

Offline Senseiwork

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Re: Newcomers, here's your FAQ: Who should I trust?
« Reply #10 on: April 20, 2018, 12:19:45 PM »
the only one u can trust - yourself! But u may trust and CHECK everything you trust. dont neglect to check the idea of project. and it will feel like you invest in gaming business buying pkt

Offline Sensiyorum

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Re: Newcomers, here's your FAQ: Who should I trust?
« Reply #11 on: May 21, 2018, 10:07:27 AM »
Wallet security is the worst issue faced by the cryptocurrency traders as there are a lot of hackers which always keep an eye on snatching and stealing your coins. You can not trust anybody on the money markets including cryptocurrencies. Am I right folks!

Offline Garden

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Re: Newcomers, here's your FAQ: Who should I trust?
« Reply #12 on: May 22, 2018, 12:39:21 PM »
You are strictly advised to trust nobody on the money markets inculding cryptocurrency market. You have to trust the one who has good market vlaues and reputation whether he is a trader or a platform. Stay safe and be wise!

Offline Senseiwork

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Re: Newcomers, here's your FAQ: Who should I trust?
« Reply #13 on: May 24, 2018, 07:10:43 PM »
I am convinced u should not trust anyone in crypto sphere (me included) bc everyone tries you to get their bags

Offline Ifeanyichukwu

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Re: Newcomers, here's your FAQ: Who should I trust?
« Reply #14 on: May 26, 2018, 04:20:50 PM »
That's a good one. In crypto world, nobody is to be trusted.

Offline Sensiyorum

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Re: Newcomers, here's your FAQ: Who should I trust?
« Reply #15 on: May 29, 2018, 04:52:28 PM »
A good post for the newbies to the crypto world. Yes, I agree with the fact that you can not trust anybody on the money market. You have to stay sharp all the time for keeping yourself safe from any kind of scam. You also need to keep learning as much as possible for gaining profits.

Offline crypterum

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Re: Newcomers, here's your FAQ: Who should I trust?
« Reply #16 on: May 30, 2018, 08:33:49 AM »
That's a good one. In crypto world, nobody is to be trusted.

but yourself

Offline emma.lee1890

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Re: Newcomers, here's your FAQ: Who should I trust?
« Reply #17 on: June 29, 2018, 07:34:14 AM »
I would also add an important piece of advice:
"Less nervous and do not give in to panic"

Offline FutureICO

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Re: Newcomers, here's your FAQ: Who should I trust?
« Reply #18 on: August 11, 2018, 08:31:43 PM »

I will say in simple words, you just not need to trust ANYONE. If you do then you are absolutely fooling around. It is incredibly necessary to just follow the trend and do whatever you are comfortable with.


I just follow the stuff happening in the Crypto space and rest is all manageable. The current thing of notice is around Binance as they released the demo of decentralized exchange. So these are the things to look at.

Offline kissmarx

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Re: Newcomers, here's your FAQ: Who should I trust?
« Reply #19 on: September 29, 2018, 03:35:41 PM »
I agree with all this FAQ and it's answers. These are the most important things to always put in mind wherever you are, whatever you do. That's why "trust" is valuable these days. We can't just trust anybody right away. It must be gained with patience. Always DYOR.

Offline emma.lee1890

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Re: Newcomers, here's your FAQ: Who should I trust?
« Reply #20 on: September 30, 2018, 07:23:32 AM »

I would also add an important piece of advice:
"Less nervous and do not give in to panic"



Offline crroman18

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Re: Newcomers, here's your FAQ: Who should I trust?
« Reply #21 on: October 01, 2018, 09:43:07 PM »
but what if it's a free bitcoin giveaway...? lol

Offline FinnethB

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Re: Newcomers, here's your FAQ: Who should I trust?
« Reply #22 on: October 07, 2018, 06:20:45 AM »
Yes trust no one, but sometimes taking a risk is a bang! My crypto friend introduce MyShield to me and so far I can say that this project is worth trusting for.

Offline emma.lee1890

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Re: Newcomers, here's your FAQ: Who should I trust?
« Reply #23 on: October 21, 2018, 10:21:14 AM »
That's it. Nothing we can found in his/her merit history. That's actually normal and understandable if 100 merits was allocated due to the account rank (maybe Full member), but I don't think someone wanted to delete all historical posts to drop account rank to Newbie. Sounds mad. Should delete gradually if he/she want to do this.

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Re: Newcomers, here's your FAQ: Who should I trust?
« Reply #24 on: October 31, 2018, 09:09:32 AM »
in God we trust!

Offline emma.lee1890

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Re: Newcomers, here's your FAQ: Who should I trust?
« Reply #25 on: November 14, 2018, 05:14:23 PM »
If you are a Newbie member (that is, you have less than 30 activity), any images that you attempt to embed using BBCode will automatically be converted into their link equivalents. This is to prevent abuse, for instance by spammers. Your images will start appearing normally once you become a Jr. Member.

Offline Areding

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Re: Newcomers, here's your FAQ: Who should I trust?
« Reply #26 on: November 21, 2018, 07:54:26 AM »
You can only trust yourself. You can never rely on anyone, especially when it comes to money.

Offline Anast

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Re: Newcomers, here's your FAQ: Who should I trust?
« Reply #27 on: February 17, 2019, 10:33:21 PM »
I would also add an important piece of advice:
"Less nervous and do not give in to panic"
You know, sometimes we can't avoid these feelings especially when things are not going well. But we can't help but remain calm as our funds depends on it.

Offline letsgetit

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Re: Newcomers, here's your FAQ: Who should I trust?
« Reply #28 on: February 25, 2019, 08:09:39 AM »
yeah, in this business it's better and safer to trust no one

Offline Meadow

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Re: Newcomers, here's your FAQ: Who should I trust?
« Reply #29 on: February 25, 2019, 06:21:21 PM »
Q: When should I sell?
A: Never.
That's a dubious one.


Offline frankcastle

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Re: Newcomers, here's your FAQ: Who should I trust?
« Reply #31 on: March 29, 2019, 09:23:31 PM »
nice faq :)

Offline kventin.upgrade

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Re: Newcomers, here's your FAQ: Who should I trust?
« Reply #32 on: March 30, 2019, 12:18:38 AM »
I would also add an important piece of advice:
"Less nervous and do not give in to panic"


I would add: "A Calm and a reasonable breaks all the waves"
I like modern club music, and I love to dance and meet girls in clubs.

Offline kventin.upgrade

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Re: Newcomers, here's your FAQ: Who should I trust?
« Reply #33 on: March 30, 2019, 12:22:00 AM »
I like modern club music, and I love to dance and meet girls in clubs.

Offline popeye

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Re: Newcomers, here's your FAQ: Who should I trust?
« Reply #34 on: April 02, 2019, 10:50:59 AM »
I completely agree with the opinion not to trust anyone but yourself. This rule especially concerns various financial operations and trading.
100%! Sometimes I don't trust even myself. Especially when it comes to passwords and access! :-X

Offline kbradshaw

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Re: Newcomers, here's your FAQ: Who should I trust?
« Reply #35 on: April 02, 2019, 11:42:34 PM »
My advice is not to trust anyone and to look for genuine forums like this one where people aren't just posting affiliate links.

Offline bit858585

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Re: Newcomers, here's your FAQ: Who should I trust?
« Reply #36 on: April 05, 2019, 06:47:04 PM »
do not trust, do not fear, do not ask
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Offline Johnny Smith

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Re: Newcomers, here's your FAQ: Who should I trust?
« Reply #37 on: April 05, 2019, 06:55:38 PM »
Just believe in yourself!  ;)

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Re: Newcomers, here's your FAQ: Who should I trust?
« Reply #38 on: April 06, 2019, 11:31:21 PM »
In crypto world, nobody is to be trusted.
I like modern club music, and I love to dance and meet girls in clubs.

Offline bit858585

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Re: Newcomers, here's your FAQ: Who should I trust?
« Reply #39 on: April 09, 2019, 04:22:30 AM »
I agree, in the crypto world, nobody is to be trusted.
you are right
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Offline Mermaid

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Re: Newcomers, here's your FAQ: Who should I trust?
« Reply #40 on: May 02, 2019, 05:30:57 AM »
We have to be vigilant always and everywhere, not only in crypto sphere:)

Offline coin_talk

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Re: Newcomers, here's your FAQ: Who should I trust?
« Reply #41 on: May 03, 2019, 08:08:12 PM »
Nobody is to be trusted all around the world. There is only you and your goals.

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Re: Newcomers, here's your FAQ: Who should I trust?
« Reply #42 on: May 09, 2019, 08:50:54 AM »
Nobody is to be trusted all around the world. There is only you and your goals.
What a pessimistic point of view, you guys, have got

Offline OllieCrypto

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Re: Newcomers, here's your FAQ: Who should I trust?
« Reply #43 on: May 11, 2019, 06:04:59 AM »
also :
remove emotions from your trading and or investment, or else you will panic too much and lose everything
My favorite Trading Tool :
Gunbot - the Automated Cryptocurrency Trading Bot

Offline Mermaid

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Re: Newcomers, here's your FAQ: Who should I trust?
« Reply #44 on: May 15, 2019, 09:39:47 PM »
also :
remove emotions from your trading and or investment, or else you will panic too much and lose everything


Absolutely agree. Emotions can cause real troubles

Offline coin_talk

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Re: Newcomers, here's your FAQ: Who should I trust?
« Reply #45 on: May 16, 2019, 10:16:05 AM »
My advice is not to trust anyone and to look for genuine forums like this one where people aren't just posting affiliate links.

I agree. Very good advice.

Offline bart8e

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Re: Newcomers, here's your FAQ: Who should I trust?
« Reply #46 on: May 17, 2019, 02:53:20 PM »
Yes, I agree that not only in cryptocurrency market but in all of your businesses it's good to trust yourself, your wisdom, knowledge and experience

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Offline Jonycrypt

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Re: Newcomers, here's your FAQ: Who should I trust?
« Reply #48 on: July 04, 2019, 12:23:40 PM »
I agree, in the crypto world, nobody is to be trusted.

Offline Jonycrypt

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Re: Newcomers, here's your FAQ: Who should I trust?
« Reply #49 on: July 04, 2019, 12:26:50 PM »
I would also add an important piece of advice:
"Less nervous and do not give in to panic"

Offline Kostyax

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Re: Newcomers, here's your FAQ: Who should I trust?
« Reply #50 on: July 08, 2019, 01:27:04 PM »
Trust only your own experience in this area.

Offline observer

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Re: Newcomers, here's your FAQ: Who should I trust?
« Reply #51 on: July 09, 2019, 11:15:16 AM »
in God we trust


When it comes to my wallet, i don't think i might trust even Him ;d

Offline opportuniti

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Re: Newcomers, here's your FAQ: Who should I trust?
« Reply #52 on: July 22, 2019, 09:23:33 PM »
This is a huge cryptocurrency problem. If they steal it from you, no one will help you. After all, this is not the gov. money. For the goverment, it is like a toy of monopoly money. From here and all the problems with the trust. There are no guarantees that you will get something, give it away, change it for cryptocurrency.
Therefore, no one trusts anyone. It is terrible to realize that when complete freedom is equal to complete impunity.


 


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