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Author Topic: ✅Guide for Beginners in the world on cryptocurrencies✅  (Read 312 times)
HBKMusiK
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January 02, 2020, 05:56:19 PM
Last edit: January 02, 2020, 11:04:03 PM by HBKMusiK
Merited by DdmrDdmr (2), Daniel91 (1), hugeblack (1)
 #1

This guide was first posted in the Romanian section: here but I decided that much more users can benefit from it so I translated it in English.

I'm going to start by posting a glossary of terms first, it will take something to translate everything from the original post because I have a lot of work to do besides that and I'm quite lazy as a person. Here you go :
Altcoin - abbreviation from alternative coin, or all the projects that exist except Bitcoin
AML  – Anti-Money Laundering.
ATH  - All-Time High
Bearish - Downward Trend
BFX, Finex – BitFinex exchange-
Bullish - Upward Trend
CB – Coinbase Exchange
C&H  – Cup and Handle chart pattern
Core wallet - a wallet that contains the blockchain
Circulation supply - number of coins/tokens in circulation
Dapps - decentralized application
DCA  – Dollar Cost Averaging
Fiat – money without intrinsic value that is issued and regulated by a government. Example: $, £, ¥, € Fib - Fibonacci retracement
FOMO - Fear Of Missing Out.
FUD -Fear, Uncertainty & Doubt
H&S  – Head and Shoulders chart pattern
Halving/halving – The reward for miners decreases. It happens 1 time every 4 years at Bitcoin.
Hoobi – Huobi Exchange
HODL / HOLD – basically long-term investing. Only used sometimes in comments: Hold On Despite Loss
ICO - Initial Coin Offering.
KYC -  Know Your Customer
Long – a form of buying (you believe that the coin you bought will rise in price)
Short – a form of selling (you get the idea)
Market cap: price per coin/token X circulating supply
Max Supply – total number of coins/tokens that will ever exist
Miner - device that validates the transactions of the blockchain
Mnemonic Phrase –  a secret group of words that represent a wallet
P&D  – Pump and Dump
P/L, P&L, PNL  – Profit and Loss
Polo – Poloniex exchange
Public key – the key which you can share when you need to receive a payment (you can share this key with anyone)
Private key – a key used to access a wallet (don't share this key)
Rekt – wrecked. Losing a trade
Satoshi – the smallest part from one ฿itcoin . 1 Satoshi = 0.00000001 ฿..
Stop – stop-loss order
TA – Technical Analysis
Whale – one entity that buys a big amount of coins/tokens.

Other sources of crypto terminology from the forum :  
1
2 3

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HBKMusiK
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January 02, 2020, 06:24:53 PM
Last edit: January 03, 2020, 07:53:01 PM by HBKMusiK
 #2

News

CoinDesk
Bitcoin Magazine
The Merkle
CryptoCoinNews
Cointelegraph
Bitnewstoday

Exchanges (https://www.cryptowisser.com/exchanges/)


Binance
Bittrex
Bitstamp ($, €)
Cex.io ($, €)
Coinbase ($)
GDAX ($, €, £)
Gemini ($)
HitBTC ($, €)
Kraken ($, €)
LocalBitcoins
Poloniex
Shapeshift

Cryptocurrency Market Capitalizations

CoinMarketCap
CoinGecko
Live Coin Watch
Coincap
CryptoConstruct

Market Tools and Data

TradingView
Cryptowatch
BitcoinWisdom
CoinAlyze
Bitcoin Analytics
Bitcoinity
Cryptrader
Cryptocompare


Portfolio Tracker

AltPocket (Web)
Blockfolio (App)
CoinCap (App)
Drakdoo (App)
Delta (App)
CoinTracking (Web & App)
CoinTrackr (Web)
CryptoCompare (Web)

Wallets

Desktop (Windows, Linux, OSX):
Electrum (BTC)
Litecoin (LTC)
Bitcoin.com (BTC, BCH)
Monero (XMR)
NEM (NEM)
Stellar (XLM)
Stargazer (XLM)
NEO (NEO)
Lisk Nano (LSK)
Sia-UI (SC)
ArkEcosystem (ARK)
IOTA (MIOTA)
Stratis (STRAT)

Mobile (iOS, Android, Blackberry):
Mycelium (BTC)
Airbitz (BTC)
Litecoin (LTC)
Bitcoin.com (BTC, BCH)
Stargazer (XLM)
Lobstr (XLM)
Guarda (ETC)

Online:
Blockchain.info (BTC, BCH, ETH)
LiteVault (LTC)
MyEtherWallet (ETH, ETC, ERC20 tokens)
Ark Lite WALLET (ARK)
ClassicEtherWallet (ETC)

Hardware:
Ledger Nano S
Trezor
KeepKey

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January 02, 2020, 06:25:51 PM
 #3

You can add up and read up these threads when it comes to terminologies.

https://bitcointalk.org/index.php?topic=4802831.0
https://bitcointalk.org/index.php?topic=3250658
https://bitcointalk.org/index.php?topic=126798.0
HBKMusiK
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January 02, 2020, 06:34:51 PM
 #4

Thank you! I have added everything to the main post. If there is something else you want to add please edit your post.

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January 03, 2020, 08:18:38 PM
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HBKMusiK
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January 07, 2020, 06:17:59 PM
 #6


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January 08, 2020, 07:20:33 AM
Merited by HBKMusiK (1)
 #7

We basically wrote a 120+ list of useful crypto tools and sites here https://gocryptowise.com/blog/ultimate-list-of-handy-crypto-tools-sites/ Don't want to paste them all on here, but the sections are:

1.    Forums and user generated content sites
2.   Most popular Reddit pages for crypto
3.   Crypto news sources
4.   Crypto price tools
5.   Blockchain explorers
6.   Crypto guides sites
7.   Hardware wallets
8.   Desktop wallets and mobile wallets
9.   Crypto exchanges
10.   Decentralised crypto exchanges
11.   Crypto lending services
12.   Ethereum links and tools
13.   Bitcoin links and tools
14.   Crypto trading tools and sites
15.   Crypto portfolios
16.   Crypto trading bots
17.   Crypto tax information
18.   Guides to spending crypto & Bitcoin irl and ATMs
19.   Crypto scams, hacks and other bad stuff information
20.   ICO / IEO / STO, etc (seed funding models for crypto startups)
21.   Crypto training and guides
22.   Crypto calendars
23.   General crypto tools
HBKMusiK
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January 09, 2020, 08:56:28 PM
 #8

We basically wrote a 120+ list of useful crypto tools and sites here https://gocryptowise.com/blog/ultimate-list-of-handy-crypto-tools-sites/ Don't want to paste them all on here, but the sections are:

1.    Forums and user generated content sites
2.   Most popular Reddit pages for crypto
3.   Crypto news sources
4.   Crypto price tools
5.   Blockchain explorers
6.   Crypto guides sites
7.   Hardware wallets
8.   Desktop wallets and mobile wallets
9.   Crypto exchanges
10.   Decentralised crypto exchanges
11.   Crypto lending services
12.   Ethereum links and tools
13.   Bitcoin links and tools
14.   Crypto trading tools and sites
15.   Crypto portfolios
16.   Crypto trading bots
17.   Crypto tax information
18.   Guides to spending crypto & Bitcoin irl and ATMs
19.   Crypto scams, hacks and other bad stuff information
20.   ICO / IEO / STO, etc (seed funding models for crypto startups)
21.   Crypto training and guides
22.   Crypto calendars
23.   General crypto tools
Good job, you deserve a merit for it.
I will add an interesting new post here:
Missing Out The Important Topics!!

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January 13, 2020, 01:33:54 PM
 #9

We basically wrote a 120+ list of useful crypto tools and sites here https://gocryptowise.com/blog/ultimate-list-of-handy-crypto-tools-sites/ Don't want to paste them all on here, but the sections are:

1.    Forums and user generated content sites
2.   Most popular Reddit pages for crypto
3.   Crypto news sources
4.   Crypto price tools
5.   Blockchain explorers
6.   Crypto guides sites
7.   Hardware wallets
8.   Desktop wallets and mobile wallets
9.   Crypto exchanges
10.   Decentralised crypto exchanges
11.   Crypto lending services
12.   Ethereum links and tools
13.   Bitcoin links and tools
14.   Crypto trading tools and sites
15.   Crypto portfolios
16.   Crypto trading bots
17.   Crypto tax information
18.   Guides to spending crypto & Bitcoin irl and ATMs
19.   Crypto scams, hacks and other bad stuff information
20.   ICO / IEO / STO, etc (seed funding models for crypto startups)
21.   Crypto training and guides
22.   Crypto calendars
23.   General crypto tools
Good job, you deserve a merit for it.
I will add an interesting new post here:
Missing Out The Important Topics!!

Thanks Smiley

I hope it helps someone.

BTW: If anyone wants to suggest new tools then please do. Want it to be a living and relevant document over time
HBKMusiK
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January 14, 2020, 03:29:50 PM
 #10


HBKMusiK
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January 28, 2020, 12:24:45 PM
 #11

Bump !  Roll Eyes

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January 28, 2020, 03:26:33 PM
 #12

With all due respect, isn't "posting twice in a row" is against the rules of the forum, I've been told about it:

Quote

(..snip..) and please refrain from posting twice in a row, you should edit your first post, ask your question there and then delete the second post, in fact if I am not mistaken , what you just did is against the forum rules.
https://bitcointalk.org/index.php?topic=5185539.msg52485388#msg52485388
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January 28, 2020, 03:52:34 PM
Merited by HBKMusiK (1)
 #13

HBKMusiK,

I would add following topics to your list of useful link:

1. [GUIDE] How to Create a Strong/Secure Password
2. [GUIDE] Use this for identifying Scam/Phishing Websites & Exchanges in Crypto

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HBKMusiK
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January 28, 2020, 07:58:13 PM
 #14

Thank you for your contribution, I rewarded you with one merit for your post, please keep posting here when you find interesting threads.I'll offer more merits for people that post here interesting threads or other guides here.(right now I've got 8 smerits to send)

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