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Cryptocurrency discussions / Re: Any advice for a newbie?
« on: May 27, 2024, 09:45:17 AM »Don't rush into making a decision to buy a new coin that hasn't been released on the market if you are still a beginner, because it could be dangerous if you don't understand it.You are right. There is a saying that goes, make haste slowly. As a newbie, he should be able to conduct a thorough research. If I were him, the first place to begin is the project's whitepaper and the team involved and their level of experience. Despite the research, the newbie has to know the level of risk that they can carry in buying the coins because you cannot be sure how if the project will succeed or fail.
But if you can analyze a new crypto project then it doesn't matter if you do that, in fact it's a good opportunity if you can buy coins before they enter the market or what we usually know as presale/pre-market.