Yesterday I got a Btc off a friend who is big into this stuff and I have been trying to read up on what I can possibly do with this. I tried the trading, buy low sell high kind of thing and I've pretty much just stayed even. Any hints or something I can read to expand on what I can do with this Btc. Any help would be greatly appreciated.
Ps use small words not crazy computer lingo please lol
bitcoin is essentially money so you are asking what can i do with money
obviously you can spend it...
trading is very risky and most people loose more than they win (its a zero sum game: any cent someone wins, someone else has lost).
i'd recommend to start with looking at the details. eg look you address up at
https://www.blocktrail.com/BTC or blockchain.info and learn about inputs/outputs and the inner works.
if i where you i'd just hold that bitcoin and try to get a bitcoin expert
(btw be careful with alts. there MAY be some which look good, but they are all riskier than btc itself. so i'd suggest to get familiar with that first)