Bitcoin Forum

Other => Beginners & Help => Topic started by: Cmanayuba on August 02, 2024, 03:47:54 AM



Title: Which other tools do I need as a Newbie
Post by: Cmanayuba on August 02, 2024, 03:47:54 AM
After downloading

SOCIAL ACCOUNT
1.Whatsapp 2.Discord 3.Twitter 4.Telegram

DEX WALLET
1.MetaMask 2.Trust Wallet 3.Phantom Wallet

CEX WALLET
1.Binance 2.Bitget 3.Bybit 4.OKX

Please forum members which other tools do I need as a Newbie so I can be outstanding and a full participant in the Crypto Space world.


Title: Re: Which other tools do I need as a Newbie
Post by: Helena Yu on August 02, 2024, 04:17:01 AM
If possible, don't mix daily usage and cryptocurrency usage since it will harm your privacy and security. So, better to have one phone for daily and another one for cryptocurrency.

There's no such dex wallet, instead non custodial/self custodial wallet. Those wallets aren't secure, if you want to use multi cryptocurrency wallet, use Unstoppable wallet.

And there's no such cex wallet, instead centralized exchange.

I don't think you need to have more tools, having more applications that installed in your device means the more chance or vulnerability of getting hacked.


Title: Re: Which other tools do I need as a Newbie
Post by: Hatchy on August 02, 2024, 04:53:19 AM
Please forum members which other tools do I need as a Newbie so I can be outstanding and a full participant in the Crypto Space world.

Welcome to forum mate, I see you are mixing  things up here. And you don't necessarily need most of these you have highlighted here. First of, you should ask your self what digital currency you wish to store. This is a bitcoin forum, and most people here store more of  Bitcoin than altcoins. Or tokens.
Read here to know the difference: Important to know: Difference Coin / Token and shady marketing practices (https://bitcointalk.org/index.php?topic=5463817.msg62719587#msg62719587)

These different coins have different storages. As Bitcoin is more safer in non custodial (https://bitcointalk.org/index.php?topic=5173370.msg52090702#msg52090702)and open source wallets. Eg  Electrum (https://bitcointalk.org/index.php?board=98.0), bluewallets and so on.
Read here to know more about Bitcoin wallets

[General] Bitcoin Wallets - Which, what, why? (https://bitcointalk.org/index.php?topic=1631151.0)

You can store your altcoins in altcoins wallet like unstoppable, metamask and so on. But you have to find good wallet that won't compromise your coins. I didn't mention trust wallet because I consider it not safe for so many reasons.

Bybit, binance and okx are not wallets but called exchanges. And we have 2 types of exchange which are the decentralized and centralized exchanges. So those you listed above are what we know as centralized and You also have to know that you should never store your coins on Centralized exchanges accounts. The have control over your funds. Those exchanges requires it's users to perform some verification process which in return exposes your personal information and reduces privacy. Not that there's any harm done, but for someone who values his privacy you should consider using decentralized exchanges. Decentralized exchanges doesn't need any verification before you can make use of their services.

Check here for some :
kycnot.me (https://kycnot.me/?t=&q=)

As a newbie, you don't even need any tool right now but enough knowledge so you can freely navigate the crypto space on your own. Take your time to do research, study thing about cryptocurrency here on the forum by being active and reading important post made by forum members. This way you will learn faster. Don't be fooled by any one who ask you for money to gain knowledge ost of them know nothing and are literally just trying to make wealth out of you.


Title: Re: Which other tools do I need as a Newbie
Post by: un_rank on August 02, 2024, 05:21:09 AM
For a start all you really need are sources of information which you'll get from social groups and forums. If the platforms you mentioned are giving you accurate information that is a good start. That information should guide your actions on which wallet to use and which exchanges to use.

Do not try to have as many crypto related apps as possible, one or two in each category that does the job is enough.

- Jay -


Title: Re: Which other tools do I need as a Newbie
Post by: BlackBoss_ on August 02, 2024, 05:34:27 AM
After downloading

SOCIAL ACCOUNT
1.Whatsapp 2.Discord 3.Twitter 4.Telegram

DEX WALLET
1.MetaMask 2.Trust Wallet 3.Phantom Wallet

CEX WALLET
1.Binance 2.Bitget 3.Bybit 4.OKX
You already downloaded many applications and still want to download more, crazy honestly.

Let's review what you downloaded:
Social media applications where you will get news, real and fake, and many links that can be phishing links. It's dangerous.
Web3 wallets and Centralized exchange applications. What will you do with these applications?
I guess you will store your money there, on a device you will use for Whatsapp, Discord, Twitter, Telegram, it's very risky and risk that you will lose your money by compromise on your phone is high enough to be concerned.


Title: Re: Which other tools do I need as a Newbie
Post by: Hewlet on August 02, 2024, 06:20:03 AM
After downloading

SOCIAL ACCOUNT
1.Whatsapp 2.Discord 3.Twitter 4.Telegram

DEX WALLET
1.MetaMask 2.Trust Wallet 3.Phantom Wallet

CEX WALLET
1.Binance 2.Bitget 3.Bybit 4.OKX

Please forum members which other tools do I need as a Newbie so I can be outstanding and a full participant in the Crypto Space world.
how useful are these apps you've downloaded to your knowledge in crypto? It's possible you're trying out so many things at the same time and it's surely not the right way to go as a starter. The urge always comes and the propensity to try out somany news sources and download all the wallet you wish to lay your hands on might seems the best option but in reality you need only a few of these things you've already downloaded and not pile up more that will even get you distracted.

Whatsapp, discord, Facebook, X and telegram are all messaging apps and although telegram has incorporated some crypto project into it recently, the primary usage of these media platforms are basically for sourcing news, chatting with friends and family or being part of a group where discussion like crypto could be shared. With regards that, the forum is already capable of helping out with all the information you need as a starter with real individuals that are ready to help you through any challenges you're probably facing as a starter without charging you a dime.

For the wallet, it's best you just an hot and a cold wallet and you don't have to make use of all the wallet you've pointed out there. If you're using binance or Bybit for instance, I don't see any reason why you should still download trust wallet or Meta mask. What's the there that they can do that another one of them can't do? Just don't try to do too much at the same time but in all you do, stick to few things and make sure that you're not joking with your security. Choose the right wallet and keep your key in a safe place offline. You don't want to download so many wallets and end up mixing all the keys up.


Title: Re: Which other tools do I need as a Newbie
Post by: Cmanayuba on August 02, 2024, 07:14:39 AM

I don't think you need to have more tools, having more applications that installed in your device means the more chance or vulnerability of getting hacked.

Having more applications installed on my device means the more chance of getting hacked.  Though I'm New into the crypto space, I don't know  but I've read somewhere that without someone having access to my secret code that is my passphrase  he wouldn't be able to hack or get access to my wallet.

My question here is "Do you mean my wallet can be hacked even without the person getting access to my Passphrase"?


Title: Re: Which other tools do I need as a Newbie
Post by: Justbillywitt on August 02, 2024, 08:18:21 AM

I don't think you need to have more tools, having more applications that installed in your device means the more chance or vulnerability of getting hacked.

Having more applications installed on my device means the more chance of getting hacked.  Though I'm New into the crypto space, I don't know  but I've read somewhere that without someone having access to my secret code that is my passphrase  he wouldn't be able to hack or get access to my wallet.

My question here is "Do you mean my wallet can be hacked even without the person getting access to my Passphrase"?
Someone can still hack your wallet if you connect your wallet to malicious website. They don't need your phrase anymore when you connect your wallet to these sites. So you have to be very careful with where you connect your wallet, if possible don't even connect your wallet to any app or website be it for airdrop or giveaway. So as you are protecting your seed phrase also avoid the urge of connecting your wallet to any third party site or App.


Title: Re: Which other tools do I need as a Newbie
Post by: Felicity_Tide on August 02, 2024, 08:37:03 AM
Am not really sure if these tools are necessary for the now, considering the fact that you are still a newbie. Maybe, I just didn't show interest in some of these things when I newly joined the forum. One thing I have always believe is that information is power, which means when you actually dedicate your time to learning both on and off this platform, you won't even bother creating a thread to ask for the things that you assumed are needed. Though, I still consider myself as a newbie, but I can say that I have learnt so many interesting things in the past three months, which won't make it difficult for me to make choices from any of the listed item if I actually want to.

Just to answer your question, I personally use Twitter to follow up with Bitcoin related news(just for news), but you should understand that Twitter won't teach you about Bitcoin in details. Don't really know about telegram and Discord, because I don't use either of them for the now. As for wallet, you should try mycelium if you can't afford a hardware wallet. While for cex, well most people suggest a dex, but I used a cex. p2p isn't available in my country on binance, so I use something else. Just check if the cex's p2p is available for your country, then you can make your choice.

But like I said, when you actually go after information by learning as a Newbie on and off this forum, you could easily make decisions on your own, and choose whatever tools you think might be needed. But I hope you clearly understand that none of these tools will teach you anything?.


Title: Re: Which other tools do I need as a Newbie
Post by: Louce on August 02, 2024, 08:38:03 AM

I don't think you need to have more tools, having more applications that installed in your device means the more chance or vulnerability of getting hacked.

Having more applications installed on my device means the more chance of getting hacked.  Though I'm New into the crypto space, I don't know  but I've read somewhere that without someone having access to my secret code that is my passphrase  he wouldn't be able to hack or get access to my wallet.

My question here is "Do you mean my wallet can be hacked even without the person getting access to my Passphrase"?

Some apps carries malwares and some other phishing stuffs I know about. Those things spies on you and will be able to steal your seed phrase ones you download them in your device. Ones they steal it, they will be able to take out your money.

And you called it passphrase, that's not the name I know. It's called a seedphase which your wallet gives to you to Keep safe, after creating it.

From what I read, passphrase is another thing entirely but relates to your seedphrase. Its like an extra key you add to make it more secure.


Title: Re: Which other tools do I need as a Newbie
Post by: AVE5 on August 02, 2024, 08:52:18 AM
After downloading

SOCIAL ACCOUNT
1.Whatsapp 2.Discord 3.Twitter 4.Telegram

DEX WALLET
1.MetaMask 2.Trust Wallet 3.Phantom Wallet

CEX WALLET
1.Binance 2.Bitget 3.Bybit 4.OKX

Please forum members which other tools do I need as a Newbie so I can be outstanding and a full participant in the Crypto Space world.

You don't just get all this done ready when you don't know the fundamentals of crypto currencies or what basic intake to perform.
First you needed to acquire knowledges of what crypto is about, understand that the concept is cryptocurrencies is for alternative means of making payments, investing and trading for profitabilities.
Then, take your decision if you're trading or investing. Don't fail to undergo studies of their basic f as factors for a start as a newbie.
You also have to be aware that trading is more critical than investment because it's typically a short term goal marketing which you can trade on possibilities of profits or lost.
Investment has you the chances to pursue either short or long term goal and it's usually less risker than trading in both knowledge required and lost possibilities.
So literally it's not about acquiring all these wallets and social platform that gives you the basic stance.



Title: Re: Which other tools do I need as a Newbie
Post by: Pandorak on August 02, 2024, 09:08:56 AM
[...] Please forum members which other tools do I need as a Newbie so I can be outstanding and a full participant in the Crypto Space world.

Whatsapp is not really necessary, other than that you already have it all. For non custodial wallets, Metamask is a good wallet, but that's not relevant to bitcoin, they only support EVM crypto. While Trustwallet & Phantom support bitcoin, but they cannot be fully trusted because they are not open-source wallets [1] [2] [3].

To store bitcoins, i suggest you use Bitcoin Core [4] or Electrum [5], as a newbie it's a good idea to learn the basics first.

[1] https://walletscrutiny.com/android/com.wallet.crypto.trustapp/
[2] https://walletscrutiny.com/android/app.phantom/
[3] https://walletscrutiny.com/iphone/app.phantom/
[4] https://bitcoin.org/en/bitcoin-core/
[5] https://electrum.org/


Title: Re: Which other tools do I need as a Newbie
Post by: Dunamisx on August 02, 2024, 10:01:01 AM
After downloading

SOCIAL ACCOUNT
1.Whatsapp 2.Discord 3.Twitter 4.Telegram

DEX WALLET
1.MetaMask 2.Trust Wallet 3.Phantom Wallet

CEX WALLET
1.Binance 2.Bitget 3.Bybit 4.OKX

Please forum members which other tools do I need as a Newbie so I can be outstanding and a full participant in the Crypto Space world.

In addition, download the app coinmarketcap, cointeligraph, tradingview and github, this will help you to keep on to the updates and information on the developments' that are ongoing on the crypto networks, also, you can make use of this forum as the basic source for other related bitcoin discussion, go trough some of its threads and read more on what others are discussing on each board applicable to your demand.


Title: Re: Which other tools do I need as a Newbie
Post by: Lucius on August 02, 2024, 10:13:42 AM
@Cmanayuba, if you are researching what would be best for you when it comes to trading and storing cryptocurrencies, then what you are doing is a good way to learn some things through your trials and errors. However, be careful with all these downloads, because I assume that you use search engines a lot, and that means that you can also download some malicious program that can do you a lot of harm.

If you want to get serious about investing or trading cryptocurrencies, I suggest that you consider buying a hardware wallet, which is by far the best option when it comes to storing cryptocurrencies. At the end of the day, do everything you do with a lot of caution and ask for advice if you're not sure, because there are a lot of bad people just waiting for you to make a wrong move.


Title: Re: Which other tools do I need as a Newbie
Post by: Cmanayuba on August 02, 2024, 10:16:14 AM

I don't think you need to have more tools, having more applications that installed in your device means the more chance or vulnerability of getting hacked.

Having more applications installed on my device means the more chance of getting hacked.  Though I'm New into the crypto space, I don't know  but I've read somewhere that without someone having access to my secret code that is my passphrase  he wouldn't be able to hack or get access to my wallet.

My question here is "Do you mean my wallet can be hacked even without the person getting access to my Passphrase"?

Some apps carries malwares and some other phishing stuffs I know about. Those things spies on you and will be able to steal your seed phrase ones you download them in your device. Ones they steal it, they will be able to take out your money.

And you called it passphrase, that's not the name I know. It's called a seedphase which your wallet gives to you to Keep safe, after creating it.

From what I read, passphrase is another thing entirely but relates to your seed phrase. Its like an extra key you add to make it more secure.

I thought passphrase and seedphrase were the same thing... Thanks for the correction. I've learned something today already

How can I detect those apps that carries malware and phishing stuff that will be able to steal my seedphrase.


Title: Re: Which other tools do I need as a Newbie
Post by: ChocolateBitcoinK on August 02, 2024, 11:00:13 AM
Always be careful. Always keep your keys safe, do not share any of your confidential information with anyone. Because everyone can become your enemy due to the greed of money. So don't share your important things with anyone, always keep them safe. And you can use a separate device just for your wallet, it making you more secure.


Title: Re: Which other tools do I need as a Newbie
Post by: Oshio-man on August 02, 2024, 11:10:54 AM
It will going to be helpful, if you have the knowledge of cryptocurrency first before embarking on those app as a beginner because there are some scammers in the community using all those app you just mentioned here, it will be for your own favour, if you can settle down to achieve the knowledge of cryptocurrency before moving ahead with all those app op, is just a suggestion for you.


Title: Re: Which other tools do I need as a Newbie
Post by: Fiatless on August 02, 2024, 01:17:45 PM
How can I detect those apps that carries malware and phishing stuff that will be able to steal my seedphrase.
It is usually somehow difficult to identify malware. So, the best approach is to learn basic knowledge on how to protect your device. Malware or phishing attacks come in the form of unfamiliar advertisements, unexpected messages or applications, or enticing offers. It is better to avoid them by not clicking on random links and always confirming the source of any information or app before responding. Social media is not a safe place to get information; it is always better to get it from the verified website of the sender. If you want to keep your funds safe, consider using a hardware wallet or an air-gapped wallet.


Title: Re: Which other tools do I need as a Newbie
Post by: Coyster on August 02, 2024, 01:52:48 PM
I thought passphrase and seedphrase were the same thing... Thanks for the correction. I've learned something today already
A passphrase is basically a "seed extension" that increases the safety of your assets, it is an added word to your seed phrase that creates an entirely new wallet for you that can only be accessed with both the seed phrase and the passphrase.
How can I detect those apps that carries malware and phishing stuff that will be able to steal my seedphrase.
The only way to be sure of the safety of your assets is to hodl them offline, and not in the device that you connect to the internet with. Your internet connected device should not hodl any of your wallets, and even if it does, it should be a wallet that contains a small amount of coins.


Title: Re: Which other tools do I need as a Newbie
Post by: pakhitheboss on August 02, 2024, 01:54:26 PM
snip..

You forgot the most important wallet which is the Electrum wallet for Bitcoin. The next important thing according to me is the notification bot by TryNinja (https://bitcointalk.org/index.php?topic=5248878.0) which is for the forum. The next important thing is to know which platform to use for posting images in the forum, which is TalkImg.com. These according to me are more important than some of those which you have listed OP in your thread topic.  

For the CEX wallet please ensure you only use those wallets for trading purposes and not for holding your coins. Please do add Mexc Global to that list as it is still a CEX exchange that does not ask for KYC. Do some search within the forum to add a few P2P exchanges.


Title: Re: Which other tools do I need as a Newbie
Post by: Churchillvv on August 02, 2024, 02:33:36 PM
There is no knowledge better than experience. perhaps you might want to try all things (apps) that might help you in the crypto space but downloading all this apps should be done with so much care because harm virus are always targeting beginners in th crypo space.

This forum serves a lot of purpose which could cover most of the downloading you did already but as you desire you might want to download Reddit, that's based on my preferences and join the bitcoin and cryptocurrency communities on discord you will learn altogether including the helps you would get from Bitcointalk forum.

if you want to hold crypto, I would suggest you use a hardware or Electrum for bitcoin specifically and be more careful with CEX not to hold huge amounts in them for long.


Title: Re: Which other tools do I need as a Newbie
Post by: Saint-loup on August 02, 2024, 05:13:01 PM
You need to have a wallet with advanced features, such as coin control in order to understand how transactions worked and how they can be tracked by some people, authorities and companies. Electrum is a must if you want to understand how Bitcoin and the Blockchain work IMO


Title: Re: Which other tools do I need as a Newbie
Post by: SamReomo on August 02, 2024, 07:42:32 PM
Please forum members which other tools do I need as a Newbie so I can be outstanding and a full participant in the Crypto Space world.
I suggest you to learn about cold storage of Bitcoin and also learn about Electrum wallet. That's the tool that I prefer you most if you want to hold Bitcoin investment safely for long term.

Electrum is safe and open-source Bitcoin wallet and anyone who learns it can save his/her Bitcoin for long term without any issues.

I suggest you to avoid holding crypto-currencies at those online exchanges but you can use those online exchanges for purchasing of crypto assets.


Title: Re: Which other tools do I need as a Newbie
Post by: tabas on August 02, 2024, 09:25:33 PM
Having more applications installed on my device means the more chance of getting hacked.  Though I'm New into the crypto space, I don't know  but I've read somewhere that without someone having access to my secret code that is my passphrase  he wouldn't be able to hack or get access to my wallet.

My question here is "Do you mean my wallet can be hacked even without the person getting access to my Passphrase"?
You're right, and yes there is a tendency that you'll still get hacked if you innocently connect your wallet to some services that you'd be required to just press your consent. That's why don't just connect your wallets if a website asks you to do so if you are not aware of the website and the service that it has. Because there are websites that upon visiting, you'll be asked to do that automatically so you just have to decline it and leave that website or simply ignore and leave it.


Title: Re: Which other tools do I need as a Newbie
Post by: lovesmayfamilis on August 03, 2024, 02:12:51 PM
I would do it differently, although I recognize myself in your question. Go the opposite way. Don't rush. Don't rush to install programs until you understand what they are for and how they work. Try to learn from the advice of those who have gone through their mistakes and taught you how not to act. Read, ask questions, and as soon as you can correctly answer such questions, install. You want to become experienced, and this means that you must have experience. Without it, nothing will work out right away. Be prepared for losses and do not retreat after them.


Title: Re: Which other tools do I need as a Newbie
Post by: taufik123 on August 03, 2024, 05:48:48 PM
I would do it differently, although I recognize myself in your question. Go the opposite way. Don't rush. Don't rush to install programs until you understand what they are for and how they work. Try to learn from the advice of those who have gone through their mistakes and taught you how not to act. Read, ask questions, and as soon as you can correctly answer such questions, install. You want to become experienced, and this means that you must have experience. Without it, nothing will work out right away. Be prepared for losses and do not retreat after them.
Yups, this needs to be noted, because many beginners just install programs or applications without fully understanding how to use them.
Even now there are more applications for crypto and some of them are also the cause of malware and phishing attacks etc.

If you want to become experienced, of course, you have to go through a series of experiments and things like that to get through these experiences.
Because the crypto world is not just a theory, but there needs to be some practice that must be done.

But the OP seems to be too excited and in a hurry to install all the required crypto apps.
And it should be noted that there are many disguised apps that try to stalk and infect every user's device.


Title: Re: Which other tools do I need as a Newbie
Post by: nakamura12 on August 03, 2024, 07:55:10 PM
You shouldn't store your crypto on cex wallet for far too long. As the saying goes "not your keys not your coins". Better store your crypto on wallets that does let you store the seed phrase or mnemonic phrase. You can download elecetrum for wallet storing bitcoin and you don't need KYC or anything like that. Trustwallet does support a lot of crypto but trustwallet isn't an open source wallet that's why they can't be trusted. Honestly, I have been using trustwallet many times but I never left my bitcoin in there for too long or should I say, once I got my btc then I always transfer it right away to my main wallet.


Title: Re: Which other tools do I need as a Newbie
Post by: Onyeeze on August 03, 2024, 08:02:38 PM
There is something I want us to understand the concerning a cryptocurrency someone who want to know about cryptocurrency should America adequate research of cryptocurrency before so you have many tools and those two will be on your engagement in anything that I have to do with the cryptocurrency Mostly Bitcoin but I believe that the help of internet can give you what you want in cryptocurrency so therefore passing a random question question in folding can also give you the same thing so I believe that as a beginner in cryptocurrency or Bitcoin you have to observe the method people use to analyze their investment in Bitcoin and any other coin


Title: Re: Which other tools do I need as a Newbie
Post by: Hyphen(-) on August 03, 2024, 09:01:21 PM
After downloading

SOCIAL ACCOUNT
1.Whatsapp 2.Discord 3.Twitter 4.Telegram

DEX WALLET
1.MetaMask 2.Trust Wallet 3.Phantom Wallet

CEX WALLET
1.Binance 2.Bitget 3.Bybit 4.OKX

Please forum members which other tools do I need as a Newbie so I can be outstanding and a full participant in the Crypto Space world.
Do you actually need all these? I think they are not necessary and they are not important.

Firstly, learn about Bitcoin and cryptocurrency first, if you are able to understand the basic concepts behind them, you can now conclude what and what you need to start not by just downloading these apps as you do.

Do not rush, take it easy because there is no hurry in Bitcoin or crypto investment.
Learn about Bitcoin, blockchain technology, wallets keys and address. (http://learnmeabitcoin.com)


Title: Re: Which other tools do I need as a Newbie
Post by: Zoomic on August 04, 2024, 07:07:26 PM
After downloading

SOCIAL ACCOUNT
1.Whatsapp 2.Discord 3.Twitter 4.Telegram

I do not see the relevance of these social accounts listed above to your desire to have an outstanding participation in the crypto space. You need to stay focused, these social accounts will only be giving you different unverified information from mostly social media content creators disguising as crypto mentors.

First, identify what kind of cryptocurrency you wish to know about and try to join forums of likeminds like you so you can discuss and share ideas on what you all know about that coin. Participating actively in cryptocurrency forums is one fast way to learn and gain a broader knowledge about crypto. This is way better than relying on some social accounts as a tool.

Remember also that scammers are much on social media, so be careful.


Title: Re: Which other tools do I need as a Newbie
Post by: Wakate on August 04, 2024, 09:08:25 PM
After downloading

SOCIAL ACCOUNT
1.Whatsapp 2.Discord 3.Twitter 4.Telegram

DEX WALLET
1.MetaMask 2.Trust Wallet 3.Phantom Wallet

CEX WALLET
1.Binance 2.Bitget 3.Bybit 4.OKX

Please forum members which other tools do I need as a Newbie so I can be outstanding and a full participant in the Crypto Space world.
I can see your seriousness to really learn more and getting prepared for the crypto world. One thing you need to understand is that many of the apps you have downloaded especially the different wallets are not that important for you unless you want to dive in participating for airdrops and bounty campaigns. All these you have gotten is good which is for the future need so in case the need might arise but the most important thing for you is to have good understanding about the crypto and how you can diversify your crypto investment whether you will later become a trader or just an ordinary investors.


Title: Re: Which other tools do I need as a Newbie
Post by: Porfirii on August 06, 2024, 02:31:41 PM
After downloading

SOCIAL ACCOUNT
1.Whatsapp 2.Discord 3.Twitter 4.Telegram

I do not see the relevance of these social accounts listed above to your desire to have an outstanding participation in the crypto space. You need to stay focused, these social accounts will only be giving you different unverified information from mostly social media content creators disguising as crypto mentors.

-snip-

Remember also that scammers are much on social media, so be careful.

There are also scammers in forums, but they are much less and communicate via PM because if they share the details in public they are easily exposed by veteran members.

As per staying focused, I agree that it is easy to be laden in social media because of too much (dis)information; they are designed for this, after all.


Title: Re: Which other tools do I need as a Newbie
Post by: DarkState on August 06, 2024, 04:32:11 PM
You can choose between Twitter and Telegram among the social accounts. I personally prefer them so that's why I told you.
You can select Binance from CEX WALLET. because it is easy to use and beginner friendly.
Thank you.


Title: Re: Which other tools do I need as a Newbie
Post by: Nheer on August 06, 2024, 04:57:03 PM
You already downloaded many applications and still want to download more, crazy honestly.
It’s really crazy and if he is isn’t careful he will end up mixing things up which may be costly for him as a newbie. He doesn’t even seem like he knows much, a newbie should focus on learning and understanding how crypto works. There is a lot to learn as a beginner and failing to understand wallets security and some other things may lead to loss of funds.

After downloading

SOCIAL ACCOUNT
1.Whatsapp 2.Discord 3.Twitter 4.Telegram

DEX WALLET
1.MetaMask 2.Trust Wallet 3.Phantom Wallet
Be careful how you engage in these social media’s especially Telegram and Twitter, there are lots of fake profiles and fake information being spread their so don’t just believe everything you see there.

With these wallets i get the feeling you are interested in altcoins since they are mostly multi coin wallets, altcoins are not so reliable and they are more risky so my advice for you is to start with bitcoin for now as a beginner since its risk is less.


Title: Re: Which other tools do I need as a Newbie
Post by: Abu-Naim on August 06, 2024, 07:54:00 PM
After downloading

SOCIAL ACCOUNT
1.Whatsapp 2.Discord 3.Twitter 4.Telegram

DEX WALLET
1.MetaMask 2.Trust Wallet 3.Phantom Wallet

CEX WALLET
1.Binance 2.Bitget 3.Bybit 4.OKX
Are you here for alt coin promotion and airdrops? If yes then you have gotten all you need because I think all they will require is centered in all these you have gotten, just that you will need to learn how to use them and the difference between them all so that you don’t get somethings wrong and you don’t lose money.

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Please forum members which other tools do I need as a Newbie so I can be outstanding and a full participant in the Crypto Space world.
Participating in cryptocurrency space based research on bounties and airdrop; you got all you need but do you know that all these are almost waste of time? Bounties and airdrops are not paying reasonable amount of money like they used to do which is why most forum users don’t advice newbies to start from there, instead they advice them to learn about Bitcoin and focus on investment using DCA method.


Title: Re: Which other tools do I need as a Newbie
Post by: Peanutswar on August 06, 2024, 09:16:29 PM
After downloading
SOCIAL ACCOUNT
1.Whatsapp 2.Discord 3.Twitter 4.Telegram

With these I guess you keep hunting into a different projects, well telegram is one of the trend now after the discord and twitter I don't use Whatsapp before most likely these three. Base on your OP you are keep finding into other tokens or alt tokens but I do recommend to using a electrum wallet to store your bitcoin, also highly recommend to use a hardware wallet this makes you more safer but of course make sure its sure in physical to avoid losing your money as long as you save your seed phrase too. Be careful with the links you've been clicking in socials it might be a way to the attack to access your device or info that might lose your money.


Title: Re: Which other tools do I need as a Newbie
Post by: KingsDen on August 06, 2024, 10:49:44 PM
After downloading
SOCIAL ACCOUNT
1.Whatsapp 2.Discord 3.Twitter 4.Telegram

With these I guess you keep hunting into a different projects, well telegram is one of the trend now after the discord and twitter I don't use Whatsapp before most likely these three. Base on your OP you are keep finding into other tokens or alt tokens but I do recommend to using a electrum wallet to store your bitcoin, also highly recommend to use a hardware wallet this makes you more safer but of course make sure its sure in physical to avoid losing your money as long as you save your seed phrase too. Be careful with the links you've been clicking in socials it might be a way to the attack to access your device or info that might lose your money.
With what OP listed above, I am not certain which aspect of cryptocurrency he wants to involve himself with. Does he want to be a trader? Because he got a handful of exchanges. Does he want to Hodl, because I saw non custodial wallets. Are those social media platforms necessary? Or he wants to bounty hunt. It seems OP wants to involve in everything at the same time.

I'll advice him to take one step at a time and understand the industry first before weighing in fully.


Title: Re: Which other tools do I need as a Newbie
Post by: lizarder on August 07, 2024, 06:43:30 AM
SOCIAL ACCOUNT
1.Whatsapp 2.Discord 3.Twitter 4.Telegram
What is the purpose of use, is it just to learn about crypto information or do you have other views on the four applications.

DEX WALLET
1.MetaMask 2.Trust Wallet 3.Phantom Wallet
This is used for long-term storage or just as a transit point for your assets. Because if you store assets for the long term, you must consider a wallet that has a good level of security.

CEX WALLET
1.Binance 2.Bitget 3.Bybit 4.OKX
I use one of the exchanges to buy and sell the bitcoins I have, but I only use it as a transaction step. It is important to remember that exchanges are not a place to store assets in the long term, especially for bitcoin. So you need to distinguish the benefits of transactions with the place to store the assets you choose.

Please forum members which other tools do I need as a Newbie so I can be outstanding and a full participant in the Crypto Space world.  
You need to know the actions you take in investing especially how to run investments properly and you also need to know the level of security for storing assets so that it is not in vain when involved in it. Learning is important because it can increase knowledge about investment and other important needs and by learning or reading you will provide an overview of the needs needed.


Title: Re: Which other tools do I need as a Newbie
Post by: Uhwuchukwu53 on August 08, 2024, 05:08:28 PM
The primary tool that will help you as beginner or venturing into crypto is not all about wallet, but information, just as many has said cex wallet or storing your asset in cex is very wrong when your full of information you don't need to even think twice because if the danger in keeping asset in cex, the self custodian wallet has always been the best for crypto just that as beginner you must have the information and what it take to keep the details because any mistake you might lose all you stored in it.


Title: Re: Which other tools do I need as a Newbie
Post by: knowngunman on August 09, 2024, 07:57:34 AM
After downloading

SOCIAL ACCOUNT
1.Whatsapp 2.Discord 3.Twitter 4.Telegram

DEX WALLET
1.MetaMask 2.Trust Wallet 3.Phantom Wallet

CEX WALLET
1.Binance 2.Bitget 3.Bybit 4.OKX

Please forum members which other tools do I need as a Newbie so I can be outstanding and a full participant in the Crypto Space world.

You forgot to download Facebook too  ;D

I'm very confident that you are referring to bounty when you said crypto space. Everything you mentioned above are tools for bounty hunters and I guess one of them refer you to this forum. If my guessing is right, well, there's more to bounty in this forum and you don't need most of these things that you downloaded.

To get started in crypto space is to have access to appropriate information. By information here I mean knowledge of what you are getting into. Forget about wallets and social media, what you need at this stage is knowledge about crypto. Wallet comes after you're familiar with the technology and decide to take action on whether to invest/trade/hold. I see some links in the previous replies under this thread directing you to appropriate thread to get more information, you can read through them or visit https://www.coindesk.com/tag/learn/ to learn more about cryptocurrencies in general.


Title: Re: Which other tools do I need as a Newbie
Post by: serjent05 on August 09, 2024, 09:07:11 AM
Please forum members which other tools do I need as a Newbie so I can be outstanding and a full participant in the Crypto Space world.

Upon learning several tools given by the replies, don't forget our natural tools of common sense.  Knowing how to apply and see opportunities in a given situation.  Many frown upon altcoins but if you are good enough to determine what and which is the hidden gem among these batches of shits(altcoin), it can give you a huge profit.

The primary tool that will help you as beginner or venturing into crypto is not all about wallet, but information, just as many has said cex wallet or storing your asset in cex is very wrong when your full of information you don't need to even think twice because if the danger in keeping asset in cex, the self custodian wallet has always been the best for crypto just that as beginner you must have the information and what it take to keep the details because any mistake you might lose all you stored in it.

I highly agree that information is the best tool for a newbie in his initial venture into cryptocurrency.  So it is good to have a list of good websites where we can gather information and learn skills that is connected to cryptocurrency activities.

If @OP wanted to have a deeper knowledge on cryptocurrency, he can check and try this list of free courses from Udemy (https://www.udemy.com/topic/cryptocurrency/free/) which includes introduction to cryptocurrency, cryptocurrency courses, setting up mining rig, trading and more.


Title: Re: Which other tools do I need as a Newbie
Post by: Asiska02 on August 09, 2024, 11:57:26 AM
Staying with the stuffs you’ve listed above are to me not the basic things you need to start with. To become very knowledgeable in the crypto space, what you need importantly is to have basic knowledge about cryptocurrency. If you had the knowledge, then going further to download some wallets and exchanges to use will be at handy to you because you’ll know the do’s and don’ts of having one and how to operate them effectively well. Social media handles will also help, but you have to always verify information from there before you would take any action whatsoever on that regard. If you’ve downloaded wallets and exchange apps in your decide and you don’t know how to use them, or just use them as you like, you’re making yourself more vulnerable to attacks and could lose your funds if any information goes into the wrong hands.


Title: Re: Which other tools do I need as a Newbie
Post by: Rockstarguy on August 09, 2024, 12:00:08 PM
How can I detect those apps that carries malware and phishing stuff that will be able to steal my seedphrase.
It is usually somehow difficult to identify malware. So, the best approach is to learn basic knowledge on how to protect your device. Malware or phishing attacks come in the form of unfamiliar advertisements, unexpected messages or applications, or enticing offers. It is better to avoid them by not clicking on random links and always confirming the source of any information or app before responding. Social media is not a safe place to get information; it is always better to get it from the verified website of the sender. If you want to keep your funds safe, consider using a hardware wallet or an air-gapped wallet.
Another thing will also help to avoid online attacks that  can lead to hack is for you to  know what you really want. You don't need to download every app that is related to cryptocurrency and you don't need to go into every crypto site, if you have this understanding it will be difficult for you to fall victim.

For you to have the understanding of what you really want will help to avoid risk and scam that  can cause you to lose your asset. Some beginners fall victim of attacks because they do not have the knowledge of what the social media environment is like. Apart from  having wallets and cryptocurrency platforms it is very important for one to have knowledge about security and knowledge about how scammers operates to get victims.


Title: Re: Which other tools do I need as a Newbie
Post by: Alone055 on August 09, 2024, 12:49:19 PM
Some beginners fall victim of attacks because they do not have the knowledge of what the social media environment is like. Apart from  having wallets and cryptocurrency platforms it is very important for one to have knowledge about security and knowledge about how scammers operates to get victims.

That's the basic reason why scams happen. How do you think people scam other people? They use their vulnerabilities in their favor so that they can get something out of them while making the victims think that they are going to benefit from what's happening. Scammers are very sharp, they are very good at what they do because they have a lot of practice. There can be beginner scammers as well, but they can't get their plots done very well.

So, undoubtedly, a person needs to have at least general knowledge and understanding, so that they don't get scammed easily. If you get into a business but you know nothing about it at all, many people will come and scam you very easily because they know the market better than you, so they will make you think you are doing good business but in reality, they are scamming you.


Title: Re: Which other tools do I need as a Newbie
Post by: Pandu Geddon on August 09, 2024, 12:56:27 PM
Staying with the stuffs you’ve listed above are to me not the basic things you need to start with. To become very knowledgeable in the crypto space, what you need importantly is to have basic knowledge about cryptocurrency. If you had the knowledge, then going further to download some wallets and exchanges to use will be at handy to you because you’ll know the do’s and don’ts of having one and how to operate them effectively well. Social media handles will also help, but you have to always verify information from there before you would take any action whatsoever on that regard. If you’ve downloaded wallets and exchange apps in your decide and you don’t know how to use them, or just use them as you like, you’re making yourself more vulnerable to attacks and could lose your funds if any information goes into the wrong hands.

something new to start must be based on knowledge. at least he knows that some things must be prepared before starting, meaning he has understood something even though it is very basic.
then add to his knowledge first before starting to operate some of the applications that have been downloaded. I'm sure Op may have to spend more time first to learn everything. he could have immediately bought assets for investment or trading, but without better knowledge, no one would suggest he buy anything at this time.


Title: Re: Which other tools do I need as a Newbie
Post by: AYOBA on August 09, 2024, 05:50:50 PM
After downloading

SOCIAL ACCOUNT
1.Whatsapp 2.Discord 3.Twitter 4.Telegram

DEX WALLET
1.MetaMask 2.Trust Wallet 3.Phantom Wallet

CEX WALLET
1.Binance 2.Bitget 3.Bybit 4.OKX

Please forum members which other tools do I need as a Newbie so I can be outstanding and a full participant in the Crypto Space world.
As a newbie those tools you listed above not the major things that you can use to start your journey in this forum, this forum is all about having a enough knowledge that you can use to discuss with other people here they say that leaning is a continue sentence so the cryptocurrencies you’re talking about also deserve a lt of knowledge before you can jump into it. Because their some people that they have too much of interest in crypto but they don’t want to seek for knowledge before further, that’s why most of the people are seriously having a issue by the time there into crypto stuff.

Those exchanges that you listed above that you’ve already downloaded them, for now it will be very difficult for you to operate them, because you cannot operate them without having a knowledge about them the only advice I can give you now is for you to go and make your  own personal research about the cryptocurrency stuff, so that you will know the basics things about the crypto aspect and how you can use those exchanges you listed.


Title: Re: Which other tools do I need as a Newbie
Post by: DYING_S0UL on August 09, 2024, 06:55:23 PM
Here is the best place below for help and guides:

https://www.talkimg.com/images/2023/08/27/M9Y4o.jpeg

Just search the forum for the topics you would like to learn.

In case you wanna learn more of Bitcoin.

https://github.com/bitcoinbook/bitcoinbook#chapters
https://bitcoin.org/en/bitcoin-paper
https://www.bitcoin.com/get-started/


Title: Re: Which other tools do I need as a Newbie
Post by: Franctoshi on August 09, 2024, 09:25:04 PM
Now that you have had this thing in place ready to kick-start your crypto journey, now it's necessary you take your security measures very serious such as using good authenticators, avoiding storage on any centralized exchanges as it's always being said, "Not your keys, not your crypto" store in a cold storage wallets or download a decentralized wallet like Electrum wallet for the better storage of funds, and lastly safeguard your private keys or seed phrases properly.


Title: Re: Which other tools do I need as a Newbie
Post by: Onyeeze on August 10, 2024, 08:35:08 AM
Always be careful. Always keep your keys safe, do not share any of your confidential information with anyone. Because everyone can become your enemy due to the greed of money. So don't share your important things with anyone, always keep them safe. And you can use a separate device just for your wallet, it making you more secure.
Yes you're right because I know that keeping your information in secret is one of the things that will make you safe in any that with bitcoin and other coins, some people save their seed phrase online and that's what makes hackers to get access to them, but op is asking for the tools that is required for its journey of bitcoin, including the forum, but I seen that maybe you try to give your suggestion, for investment you have to know the skills of what you want to do properly, because it's one of the factors that can make people to dislike journey of bitcoin, the main thing is to understand what to do at appropriate time.


Title: Re: Which other tools do I need as a Newbie
Post by: vintages on August 10, 2024, 01:32:00 PM
After downloading

SOCIAL ACCOUNT
1.Whatsapp 2.Discord 3.Twitter 4.Telegram

DEX WALLET
1.MetaMask 2.Trust Wallet 3.Phantom Wallet

CEX WALLET
1.Binance 2.Bitget 3.Bybit 4.OKX

Please forum members which other tools do I need as a Newbie so I can be outstanding and a full participant in the Crypto Space world.

Being an expert or "full participant" in cryptocurrency space is mostly not about downloading apps and social media apps. You don't become a crypto expert that way. Just bear this 4 things in mind.

1) Update yourself everyday on latest crypto news and trends. And latest crypto crimes, it will expose you to the latest crime in crypto space and how to protect yourself.
2) Never store your phase phrase online or screenshot them. Write it down manually and secure ot properly.
3) Check any links before clicking or downloading. Some could be phishing.
4) There is no free"bitcoin" now. Be careful if anyone promise you that.


Title: Re: Which other tools do I need as a Newbie
Post by: Belarge on August 10, 2024, 10:50:55 PM
Now that you have had this thing in place ready to kick-start your crypto journey, now it's necessary you take your security measures very serious such as using good authenticators, avoiding storage on any centralized exchanges as it's always being said, "Not your keys, not your crypto" store in a cold storage wallets or download a decentralized wallet like Electrum wallet for the better storage of funds, and lastly safeguard your private keys or seed phrases properly.
Newbies have more complex tools to lay their hands on and this can actually be possible when they offer themselves for learning and taking into consideration and practice everything they've learnt in the space. Newbies shouldn't be too confident and slack behind when they've made a mistake, instead bounce back to continue hitting top edges in the space which would be very easy for them.

Newbies have the potential ability to explore more in the system and probably know the basic sectors to understand and comprehend in the system. It will definitely need time but the bes results comes from good decision making and execution. Our private keys ought to be in safe place because we by mistake it's publicly known, it then means our accounts is no longer guaranteed safe.


Title: Re: Which other tools do I need as a Newbie
Post by: reagansimms on August 11, 2024, 02:29:53 AM
As a Newbie, you only need Information to increase your knowledge in the Bitcoin industry. Having a Bitcointalk account is enough for you as basic capital in fully understanding Bitcoin because you can get valid information that has been shared here. Other tools are just support or complements, you must have a strong desire to learn everything related to Bitcoin.
As a first step for those of you who have entered the Bitcoin industry, collect all the information about Bitcoin, then study and understand it to increase your knowledge. As you slowly develop, you can distinguish what you need most and what is merely complementary.


Title: Re: Which other tools do I need as a Newbie
Post by: camilocollin6 on August 11, 2024, 03:31:59 AM
After downloading

SOCIAL ACCOUNT
1.Whatsapp 2.Discord 3.Twitter 4.Telegram

DEX WALLET
1.MetaMask 2.Trust Wallet 3.Phantom Wallet

CEX WALLET
1.Binance 2.Bitget 3.Bybit 4.OKX

Please forum members which other tools do I need as a Newbie so I can be outstanding and a full participant in the Crypto Space world.

To be an outstanding and full participant in the crypto space as a newbie, here are some additional tools and resources you might consider -
1. Portfolio Trackers :-
CoinMarketCap or CoinGecko : These platforms provide real-time data on cryptocurrencies, including market capitalization, volume, and historical charts. They also offer portfolio tracking features.
Blockfolio (now FTX) : A mobile app to track your portfolio's value and receive price alerts.
2. News and Research Tools :-
Crypto News Aggregators : Websites like CoinTelegraph,CryptoSlate, and Decrypt - provide the latest news, analysis, and updates in the crypto space.
Messari : A crypto research and data analytics platform, great for in-depth research on coins and projects.
Glassnode : Offers on-chain analytics, helping you understand the behavior of the crypto market.
3. Learning Resources :
YouTube Channels : Channels like Andreas Antonopoulos, Coin Bureau, and DataDash- provide in-depth educational content.
Crypto Courses : Platforms like Udemy or Coursera - offer courses on blockchain and cryptocurrency to deepen your understanding.
4. Security Tools :-
Hardware Wallet (e.g., Ledger, Trezor) : Essential for securing your cryptocurrencies offline.
VPN (Virtual Private Network) : Protect your online privacy while trading or managing your crypto assets.
2FA (Two-Factor Authentication) Apps : Google Authenticator or Authy adds an extra layer of security to your accounts.
5. DeFi Tools :-
Yield Farming Platforms (e.g., Aave, Compound): For participating in decentralized finance (DeFi) to earn interest on your holdings.
Decentralized Exchanges (DEXs) (e.g., Uniswap, SushiSwap): To trade cryptocurrencies without relying on a centralized platform.
6. Community and Discussion Platforms :
Reddit (e.g., r/CryptoCurrency, r/Bitcoin): Engage in discussions, ask questions, and learn from the community.
7. Tax Tools :
Koinly or CoinTracking - Tools to track your crypto transactions and generate tax reports.
8. Blockchain Explorers :
Etherscan (for Ethereum)  Allows you to track transactions, check gas fees, and explore smart contracts.
  = BscScan (for Binance Smart Chain) : Similar to Etherscan but for BSC.
By integrating these tools, you'll be well-equipped to navigate the crypto space effectively and become a knowledgeable participant.


Title: Re: Which other tools do I need as a Newbie
Post by: Cricktor on August 11, 2024, 08:18:17 AM
Just search the forum for the topics you would like to learn.
I highly recommend to train and practice your search skills in this forum, because a ton of information is already available in it. Unfortunately a lot of users seem to be just too lazy to do a decent search. Many ask questions that have been answered multiple times before.

Because search frequency is a bit throttled for lower ranks, I suggest to use https://ninjastic.space (https://ninjastic.space) which to my knowledge doesn't limit searches per time. I also find the search experience there quite nice and friendlier than the forum's own search.


https://github.com/bitcoinbook/bitcoinbook#chapters
https://bitcoin.org/en/bitcoin-paper
https://www.bitcoin.com/get-started/
I would stay away from bitcoin.com as one of the founders is Roger Ver and I don't trust this shenanigan who is heavily promoting the shitcoin Bitcoin Cash. I don't think bitcoin.com's agenda is purely focused on Bitcoin.

To learn more about Bitcoin I highly recommend https://learnmeabitcoin.com (https://learnmeabitcoin.com). Great site for newbies and experts, too. My goto place if I need to refresh some Bitcoin details.



Avoid closed-source wallets. Open-source doesn't automatically mean it's better or more secure, but at least there's a chance to check and verify that a wallet does its magic properly and not in some insecure way weakening the security of your wallet's private keys.

I don't recommend holding a lot of value in mobile phone wallets. As far as I've seen others already recommended to not use your daily internet shit mobile for crypto wallets. People usually have too many questionable apps on their mobiles and lack security knowledge.

App stores can't guarantee the absence of malicious apps and it's difficult, if not impossible, for most users to verify an app is clean.

I would only hold pocket money amounts in a mobile phone wallet because mobile phones can be lost easily, the better ones are targets for thieves and it's almost impossible to assess the overall security of the device.

Also on a desktop computer or laptop. If you can afford it, use a separate device for your crypto stuff. Separate your daily internet shit from your cryptocurrency stuff and wallets. You want your crypto stuff computer to be as less as possible exposed to internet evil.

Think early about using a decent hardware wallet (stay away from Ledger crap). Your wallet's private keys are much better protected in a hardware wallet than any hot software wallet could ever be. Learn to use a hardware wallet properly and always check every transaction details on the independant display of your hardware wallet before you sign the transaction.


Title: Re: Which other tools do I need as a Newbie
Post by: DYING_S0UL on August 11, 2024, 04:25:14 PM
I highly recommend to train and practice your search skills in this forum, because a ton of information is already available in it. Unfortunately a lot of users seem to be just too lazy to do a decent search. Many ask questions that have been answered multiple times before.

Because search frequency is a bit throttled for lower ranks, I suggest to use https://ninjastic.space (https://ninjastic.space) which to my knowledge doesn't limit searches per time. I also find the search experience there quite nice and friendlier than the forum's own search.

It's understandable for newbies though, they are too lazy to do the diggings. Some newbies wouldn't even read the pin posts and start their own topics on how to where to why to etc. I also may have done this in this past. Anyway, one of the perks I got from using bitcointalk is the ability to read a lot. I am reading all day long whenever I'm online.  

Hey that actually a good idea, why didn't I think of using ninjastic for my searches. I always use btt or google.