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Author Topic: New to Bitcoin - Need some advice  (Read 2999 times)
pressureonme
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May 15, 2017, 09:12:06 AM
 #21

What is purpose of buying / saving BTC?
-To keep your Money or assets from melting against inflation.
-To give your assets to be more valuable.
zarintasnim
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May 17, 2017, 03:02:22 AM
 #22

First you should select wallet where you store your bitcoin. You buying some btcoin on coinbase. You try trade some small amount bitcoin. You should not try to bitcoin debit card. Because its fees is high. You also try preserve some bitcoin for future then its price will be higher.

BartS
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May 17, 2017, 10:07:11 PM
 #23

Hello,

I am new to bitcoin, I have managed to set up a wallet on blockchain and on coinbase.
I am also aware of bitaddress and how to upload my wallet to blockchain.

That said, can anyone explain to me the cheapest method of buying BTC?
Also, what is purpose of buying / saving BTC?

How do people go about trading BTC?

Should I be using  an online BTC wallet when buying & storing BTC and what one is best if so?
 
If anyone could give me an inspiring newbies crash course as to why i should be buying BTC and uses / purposes of it along with strategy and practical educational info I would very much appreciate it.

Thanks,
Hero
It is not recommended that you use an online wallet to store your coins, you could use an online wallet with a small amount of bitcoin for stuff you are going to buy but your main stash must be under your control.
kickero0O
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May 18, 2017, 02:57:54 AM
 #24

I am also a newbie here. I am fascinated with bitcoin when one of our family member introduced bitcoin to me. He is very patient in mentoring us,and I thank him with that. I like the idea of bitcoin in investment and to earn more. Also the idea o trading and also earning online.

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RamBahadur.Gurung
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May 18, 2017, 11:34:25 AM
 #25

I am also a newbie here. I am fascinated with bitcoin when one of our family member introduced bitcoin to me. He is very patient in mentoring us,and I thank him with that. I like the idea of bitcoin in investment and to earn more. Also the idea o trading and also earning online.

Be very careful about trading (especially altcoin trading). Most of the altcoins (Ripple, Ether, Bytecoin, Litecoin, Stellar Lumens, Dogecoin.etc) are at all time highs, and I don't know when the correction is going to happen.
chain_chain
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May 20, 2017, 01:14:36 PM
 #26

I am also a newbie here. I am fascinated with bitcoin when one of our family member introduced bitcoin to me. He is very patient in mentoring us,and I thank him with that. I like the idea of bitcoin in investment and to earn more. Also the idea o trading and also earning online.

Just don't spend more that you're able to loose. And don't put all your eggs in one basket Wink
legarde23
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May 20, 2017, 02:04:47 PM
 #27

My only advice is do all what you want to do except gambling it will make you poorer try to improve your skills here in bitcointalk and rank up then join in campaign Smiley
checkmatesir
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May 20, 2017, 03:58:34 PM
 #28

Kraken and Bitstamp, cexio, are all reputable exchanges  Smiley

Crypto_Expert
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May 20, 2017, 10:33:05 PM
 #29

Hello,

I am new to bitcoin, I have managed to set up a wallet on blockchain and on coinbase.
I am also aware of bitaddress and how to upload my wallet to blockchain.

That said, can anyone explain to me the cheapest method of buying BTC?
Also, what is purpose of buying / saving BTC?

How do people go about trading BTC?

Should I be using  an online BTC wallet when i buy BTC and what one is best if so?
 
If anyone could give me an inspiring newbies crash course as to why i should be buying BTC and uses / purposes of it along with strategy and practical educational info I would very much appreciate it.

Thanks,
Hero
Answers to your questions can be read with the following threads that you can find here:
https://bitcointalk.org/index.php?board=39.0

Educational.
how to earn: https://bitcointalk.org/index.php?topic=1629118.0 (contains useful links)
wallets: https://bitcointalk.org/index.php?topic=1631151.0 (comparison, types, security)

This thread almost has the same question as yours so you can find useful informations in here:
 https://bitcointalk.org/index.php?topic=1770903.0

jaceefrost  Grin I'm grateful to you, I just went into this thread and immediately got stuck in the chain for your message, I hope I'll get my answers on this resource, thank you again again)
notyours
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May 21, 2017, 02:54:20 PM
 #30

My only advice is do all what you want to do except gambling it will make you poorer try to improve your skills here in bitcointalk and rank up then join in campaign Smiley

Nah, it's always depend on your luck and skills. i got money by playing some gambling here on internet, i know it is bad habit but thats the only way i can do to have some money not just only here on forum. Gambling always "Gamble" you so be wise when you win/earned first at all, exit your deposit and then play again your profit so if you lose there are no regrets, But i do always when i win i run for safety purpose and when lose i will come back and doubled my risk. Life is a risk, you risk for better outcome.
wadeo
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May 21, 2017, 09:52:46 PM
 #31

I too am very new to buying Bitcoin.
I am looking to purchase -with a credit card
Digibyte but certainly do not have a clue as how
to go about it and from what company to buy these from.
Any advice will be greatly appreciated!
mikehowardelness
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May 23, 2017, 08:40:08 PM
 #32

Everyone will want your bitcoins, protect them, never store them in an exchange.and beware of trading and ico
Sk_Ezaz
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May 24, 2017, 12:19:23 PM
 #33

There are lots of way to earn or buy bitcoin.if you have another coin then you should exchange those with bitcoin.if you want to earn bitcoin in this forum lots of ways to earn free bitcoin now you are a newbie you have to study more about this forum and read all important thread on Beginner help section or you can buy bitcoin from here some trusted people sold bitcoin with another Currency but you have got an escrow because you are a newbie for this reason no one trust you.

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ustradebitcoin
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May 29, 2017, 12:25:47 AM
 #34

welcome newbie, th first thing you should its visit this site bitcoin.com, all info are there..buy bitcoin could be easy if you find someone in your country to buy from him.. or use exchange site to buy BTC
hase0278
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May 29, 2017, 04:36:38 AM
 #35

That said, can anyone explain to me the cheapest method of buying BTC?
Also, what is purpose of buying / saving BTC?
Should I be using  an online BTC wallet when buying & storing BTC?
The cheapest method of buying BTC so far is buying via coinbase, it would also be easier for you. Also, it depends on what purpose you have for buying BTC but some like me buys and holds it to grow money. You should be using your online wallet for buying bitcoin, preferably coinbase and blockchain for storing it if it ain't a big amount but if you will store a lot, use electrum or any similar desktop apps to store bitcoin since it is safer than online web wallets.
XanderBits
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May 29, 2017, 07:38:04 AM
 #36

Thanks for all the tips in this thread. I'll try to read all of it to know more about bitcoin although I have a little knowledge because of faucets and some research. And by the way, how to earn that green+ below the users avatar? Do you think I can have it eventhough I am a newbie?
btcdiggingmaster
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May 29, 2017, 08:44:39 AM
 #37

you should visit this website bitcoin.org , you will find all info you need

Yes, today there are many articles and videos in online where you will get knowledge how to buy and why to save answer from google. Many experts have given polite answers to these questions and even I learned it through google browsing only. As a beginner, it will tough to find to find but to get the knowledge you need to work hard.
Yuri1890
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June 02, 2017, 10:27:31 AM
 #38

Yes We Are Newbie , This Position Is Not Hard , Youll just Wait To Go To Another Position like Jr Member , Just Wait For 1 month and All Of Your Sacrifices Will Gain In When YoubGot Higher Position .. Hardwork and Patience only The key to success
Erica Harris
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August 02, 2017, 01:35:50 AM
 #39

Hello,

I am new to bitcoin, I have managed to set up a wallet on blockchain and on coinbase.
I am also aware of bitaddress and how to upload my wallet to blockchain.

That said, can anyone explain to me the cheapest method of buying BTC?
Also, what is purpose of buying / saving BTC?

How do people go about trading BTC?

Should I be using  an online BTC wallet when buying & storing BTC and what one is best if so?
 
If anyone could give me an inspiring newbies crash course as to why i should be buying BTC and uses / purposes of it along with strategy and practical educational info I would very much appreciate it.

Thanks,
Hero

Very good disucssion. I was about to start a similair discussion. There's a lot of exchanges out there. I found that coinmarketcap.com gives quite a decent overview.  I found this great website: https://www.coincheckup.com They seem to give this complete indepth analysis of all cryptocoins.  For example:  https://www.coincheckup.com/coins/Bitcoin#analysis To see the:  Bitcoin Report.
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August 03, 2017, 09:20:46 AM
 #40

Hello,

That said, can anyone explain to me the cheapest method of buying BTC?
Also, what is purpose of buying / saving BTC?

  People save BTC because of the constant change of the value in the market. First, they buy BTC then they wait before the value of BTC increases, and that's how they make profit. There's a section here that focuses on trading. You can check that out.

How do people go about trading BTC?

  There's a section here that focuses on trading. You can check that out.


If anyone could give me an inspiring newbies crash course as to why i should be buying BTC and uses / purposes of it along with strategy and practical educational info I would very much appreciate it.

  You can go to the website bitcoin.com or you can just do your own research about bitcoin. There's a lot websites that explains things about bitcoins. Goodluck  Tongue



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