dothebeats
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November 25, 2017, 12:21:26 PM |
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I started reading about it out of blank interest. Never knew that it would really get me great fortunes that I never imagined I would achieve in such a short span of time. Right now I'm diving deep on the technical aspects of bitcoin and cryptocurrency in general and would someday--hopefully--be a developer of some sort specializing in crypto.
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Norcal2020
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November 25, 2017, 01:02:20 PM |
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My start was with research about crypto and then taking the super simple step of purchasing via Coinbase. From there, started to look into alt coins via other exchanges and moved coins around accordingly. As mentioned, a hardware wallet is ideal, to keep you coins off of the exchanges, unless you are actively trading them. Good luck out there and only invest what you are willing, or able, to lose.
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bitonix
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November 25, 2017, 01:17:08 PM |
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Learn how to securely store your coins first. Then familiarize yourself with some of the more respectable exchanges. Learn how to read order books and how limit / market orders work. Then buy yourself an amount of coins that you feel comfortable with, even if BTC loses all its value. Withdraw it to your wallet, forget about BTC for 4-5 years and profit once the next halving occurs. Don't bother with faucets, they are a waste of time. Trade alts only if you feel like gambling. And read this: https://bitcointalk.org/index.php?topic=1629118.0Good advice. Get a coins you beleive in (bitcoin, ethereum, etc), store in a cold wallet and go to bed. Those who spend long hours on exchanges are not neccesarily the successful treaders
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charlie schwifty
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November 25, 2017, 03:27:53 PM |
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Learn how to securely store your coins first. Then familiarize yourself with some of the more respectable exchanges. Learn how to read order books and how limit / market orders work. Then buy yourself an amount of coins that you feel comfortable with, even if BTC loses all its value. Withdraw it to your wallet, forget about BTC for 4-5 years and profit once the next halving occurs. Don't bother with faucets, they are a waste of time. Trade alts only if you feel like gambling. And read this: https://bitcointalk.org/index.php?topic=1629118.0how to store coins? sorry im new thank u
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Dudeperfect
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November 25, 2017, 05:17:12 PM |
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I think you should spend some more time in reading valuable posts/articles so that you will be able to learn and understand in a better way. I have joined this forum in 2014 and still, I find myself incomplete so I try to read as much as I can to enhance my knowledge and skills.
I appreciate your move to start trading with the little amount but before that, I would highly recommend you, spend your time in understanding the things and market behaviour. I started during my domain name reselling business and found Bitcoin worth spending my time on it.
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Qzeyn
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November 25, 2017, 06:20:31 PM |
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Knowledge is power, you are definitely in the right place for Research and information. Start of in some good exchanges to trade In maybe the top 10 cryptocurrency, store them securely and hold them, For a little while, if you feel to gamble and want a quick buck Research first some new tokens and if you like what's in the White paper buy into them when they at ICO stage and hope for the Best, you will get some bonus at ICO stage, and hope they take off. This can be risky. You know, high risk high reward, soo good luck and enjoy.
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Grodoigts
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November 25, 2017, 06:32:42 PM |
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Hi there! I think the most important thing to understand for a beginner is that you are for a fact going to make mistakes (as everyone did), that's why you should start with a small amount, believe me you need to learn a lot and end up with a lot of different software/wallets/adresses/fees etc..
With a small amount if you do make a mistake for example playing around with Bittrex's auto-sell option, it's ok you only loose a few satoshis but you've learned what it actually does and how it works.
I personally made a few stupid mistakes and I'm glad I only had a small amount.
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mirte86
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November 25, 2017, 11:27:22 PM |
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The best thing is to read a lot about the different crypto's and then make a decision in which you want to invest in> do not leave your crypto's on an exchange. good luck
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HeRetiK
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November 26, 2017, 10:18:52 AM |
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1) Don't leave your coins on an exchange.
2) Don't leave your coins on an exchange.
3) Most secure and convenient way: Buy a hardware wallet such as the Ledger or Trezor -- preferably directly from the producer's website.
4) Equally secure but slightly less convenient: Learn how to create a paper wallet or how to setup up cold storage using an air gapped device
5) Only as secure as your online device, so basically not at all: Desktop wallets such as Bitcoin Core, Electrum. Mobile wallets such as Mycelium. Web wallets such as Blockchain.info. I would not, under any circumstance, hold more than spare change on a device that is connected to the internet.
6) Don't leave your coins on an exchange.
How secure is MyEtherWallet compared to the ones you listed above? Depends on how you use it. You can use MyEtherWallet in conjunction with hardware wallets, in which case it's as secure as it can get. By default MyEtherWallet works as a web wallet, in which case it's as safe -- or unsafe -- as any other wallet that is stored on an online device. how to store coins? sorry im new thank u
See above.
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Frollama
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November 26, 2017, 11:49:25 AM |
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Best thing to do is start small, start using the differents wallets, use the exchanges, know how to protect yourself, use coinmarket and find more resources that will help you in the future, make a twitter account and start folowing crypto traders ... there is a lot of things to do and can be overwhelming so take your time and to things slowly dont rush
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keyscore44
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November 26, 2017, 02:38:55 PM |
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For me mining only by one person is not a good idea so just trade, make yourself the best in it and after that try to do something diffrtent cause trading is one of the hardest tools to earn in this world imo.
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dxbcoin
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November 26, 2017, 03:51:32 PM |
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I started just 26 days ago, do you guys think I am too late for this? I dont even know how to trade or have any idea about technology ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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TheAndy500
Sr. Member
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November 26, 2017, 03:58:56 PM |
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I started just 26 days ago, do you guys think I am too late for this? I dont even know how to trade or have any idea about technology ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) It can't be too late, you just have to make some friends if you want to trade cause i saw you admit this in your answer, down and pumps will be always thats why for trading it won't be too late.
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TianaStam
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November 29, 2017, 12:53:51 PM |
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Can I have some ideas where to start?
You already started. This forum is the right place for all beginners. I am planning to go in Trading while doing some faucets for free sats. I am about to spend some pennies of mine to buy some altcoins in some of exhanges. IS THIS A PRACTICAL MOVE FOR ME AS A BEGINNER?? And after I rank up I will jon some CAMPAIGNS.
Don't spend your time on faucets it is just a shit with a lot of commercial. If you really have some money,no matter how much, input it on an exchanger and start your first steps as a trader already now, while you didn't join any campaign. Can I have your opinions about this? Is this a GOOD STARTUP? Im always reading and researching. THANK YOUU
That is great start up. That's what I am actually doing and for now it is going great, BTC rised from the moment I bought my first mBTSs and I am kinda in plus, but I invested some micro amount of money for now, anyway I am happy for my small, but success ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Good luck!
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dlhezter
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November 29, 2017, 01:08:11 PM |
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i got start in crypto world last march 2017, my friend introduce this bitcoin by means of financial freedom for him, he started to show some profs that he can earn money in bitcoin, so i started to search this bitcoin in my own way and my research brings me here, all knowledge that i gather here at our forum are profs that my friend didnt lie to me and all of those information that he told to me are true. so i decided to invest in bitcoin while studying more knowledge here at our forum and now, ive learn a lot of activity that related in bitcoin and i can earn more money from that, im thankful that i have a friend that willing to share his source of income and also im thankful too in this forum that i can learn/gather more knowledge and activity to earn bitcoin.
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juli50
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November 29, 2017, 02:55:52 PM |
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I was navigating in Taringa and i saw a post about an altcoin called DeepOnion, i read about this coin and really liked it. So i started to create an account here and in the coin forum. Then i invested in this coin and started to learn everything i could about cryptos. Now im in the crypto world for 3 mounths and i made some money and learn a lot of stuff.
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EniBeni
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November 29, 2017, 04:05:15 PM |
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Goodevening. I've been studying and researching in CRYPTOCURRENCY for about 2 months now. I also found out this forum 1 month ago, and I found out that this forum has a lot of information about CRYPTO. I always read threads in this forum so that I can familiarize myself here. According to the articles and threads I read you can get some BTC thorugh mining, airdrops, trading, gambling, campaigns here in this group, faucets, gambling[risky],ICO[risky]
Can I have your opinions about this? Is this a GOOD STARTUP? Im always reading and researching. THANK YOUU
Hi there! I'm just starting studying in crypto theme, could you advise some other trusted media you research, except that forum? Medium blogs may be or something else) There is too much online info on that topic and it's hard to find what to believe and what websites has more expertise than others. Bitcointalk is beyond the competition, of course
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YinShuiSiYuan
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November 29, 2017, 05:53:15 PM |
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Goodevening. I've been studying and researching in CRYPTOCURRENCY for about 2 months now. I also found out this forum 1 month ago, and I found out that this forum has a lot of information about CRYPTO. I always read threads in this forum so that I can familiarize myself here. According to the articles and threads I read you can get some BTC thorugh mining, airdrops, trading, gambling, campaigns here in this group, faucets, gambling[risky],ICO[risky]
Can I have your opinions about this? Is this a GOOD STARTUP? Im always reading and researching. THANK YOUU
Hi there! I'm just starting studying in crypto theme, could you advise some other trusted media you research, except that forum? Medium blogs may be or something else) There is too much online info on that topic and it's hard to find what to believe and what websites has more expertise than others. Bitcointalk is beyond the competition, of course https://cryptodaily.co.uk/the-history-of-bitcoin/ have you ever been on this side? It looks perfect for me even for proffesional cause it has some good info about crypto world.
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thinkpad99
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November 29, 2017, 06:05:37 PM |
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I was navigating in Taringa and i saw a post about an altcoin called DeepOnion, i read about this coin and really liked it. So i started to create an account here and in the coin forum. Then i invested in this coin and started to learn everything i could about cryptos. Now im in the crypto world for 3 mounths and i made some money and learn a lot of stuff.
My good friend, my friend, who has been interested in all the stories about me. I was afraid of risk, but it turned out that everything was OK and I am very happy now.
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Futureblnr
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November 29, 2017, 07:36:51 PM |
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Im just learning about it but found really interesting way to start) You know, but it’s really interesting to watch how cryptocurrency is becoming more available for each of us. https://mytc.io/ Ive just checked their website and wanna try it. A blockchain platform to turn time into the cryptocurrency.
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