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Are There Any Tips For A Beginner In Investing In Bitcoin?

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beantolfu | 15:43 Thu 04th Jun 2020 | Business & Finance
8 Answers
I am looking for websites where I can start learning about trading cryptocurrencies like Bitcoin. I am seeing a lot of people earning a lot from trading cryptocurrencies. I am seeing it all over social media like on Facebook and Twitter.

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>>> Isn't this a Q&A site? Yup! It's also a Q&A site that gets hit time and time again by spammers with links to cryptocurency sites! That's why the moderators are always suspicious of posts from new members which appear to be inviting such links. However, rather than immediately removing any 'suspicious' post from a new member, as well as flagging up a warning...
16:14 Thu 04th Jun 2020
Are you unemployed? topher_edge.
This is the second thread in a few minutes asking about bitcoin. You may find that your thread attracts spam which gets removed promptly so don't be alarmed if you see removed answers
The ones who've lost money tend not to talk about it on social media. Also a lot of the ads/articles about famous people making money from it and endorsing it are usually fake
Moderator's note: Two new posts, both from new members and in the space of 5 minutes, suggests that we're about to see some spammed links shortly. (If we do, I'll simply ban all concerned, resulting in the removal of both threads and the associated links).

However, in the somewhat unlikely chance of this being a genuine post, I'll suggest following the markets on the well-respected Binance site and then deciding whai (if anything you want to invest in):
https://www.binance.com/en
Question Author
What kind of answers am I getting here. I am asking a serious question and I don't understand what you guys are talking about. I am just asking for some tips. Isn't this a Q&A site?
>>> Isn't this a Q&A site?

Yup! It's also a Q&A site that gets hit time and time again by spammers with links to cryptocurency sites! That's why the moderators are always suspicious of posts from new members which appear to be inviting such links.

However, rather than immediately removing any 'suspicious' post from a new member, as well as flagging up a warning that the thread is being watched for spam, I always try to provide a 'proper' answer as well (just in case the post is 'legitimate').

Binance is probably the most-respected site for following a wide range of cryptocurrencies and for allowing you to trade in those currencies at minimal cost. That's why I've linked to it above. If you're considering investing in cryptocurrencies, you should use it to see which ones are currently performing the best and then decide whether you're ready to take the plunge.
Question Author
Okay. That is the kind of answer I am looking for. Thanks.
-- answer removed --

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