Wexnident
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September 03, 2020, 01:06:24 AM |
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If a newbie asks what is a good wallet to use? Bitcoin User will answer the hardware wallet which is not free. Yes it is safest but not a newbie-friendly
Instead of a web wallet that is free and easy to use. Every wallet has its own flaws in order to secure your bitcoin you have to learn how to use it and make it secure.
It's naturally best to recommend what is best to use when being asked tbh. Besides that, when someone asks questions, there are a lot of answers which yes, mostly are hardware wallets, but some also introduce exchange wallets or online wallets, though it may get buried in the numerous amount of posts. Up to the OP to actually find them though. If a newbie asks how to earn bitcoin? Bitcoin user will say Signature campaign which is also not newbie friendly because you cant join the signature campaign now if you are a newbie.until they discover the altcoin campaign where they can join but will be disappointed sooner or later because of not getting paid and leave bitcoin and tell that it is a scam.
Instead, teach them one of the basic ways to earn bitcoin which is micro earning where they can earn small amount of bitcoin like faucets for them to test bitcoin
Faucets are a waste of time, teaching them to others seems like a stupid decision. Faucets take more than 1 year for you to actually earn anything substantial as well as more than that for you to actually withdraw them, so how can they even test it out? Signature campaigns on the other hand, require time but is rather easier though tbh, it's better for them to know about it themselves, as well as to know that to earn BTC, the best way would be to buy them in an online exchange. If a newbie asks what good thing about bitcoin? anonymity? Bitcoin user wants to teach about one the good thing about bitcoin which is anonymity but for a newbie point of view, it will also make confusion because if im the newbie why do I need to become anonymous if im not planning to do bad things.
instead, teach them the basic about bitcoin which is a payment method where they can use online or they can do a person to person transaction
This is killing the essence of what Bitcoin is though? Why would you avoid one of its features because someone can't understand it? There's nothing to avoid in introducing BTC as anonymous, and if they misunderstood, then that's their problem imo. If they asked why and how anonymity would help, then that's good, but if not, then that's that. Yes, nothing is safe, BUT remember that on online wallets, when the system gets hacked, YOU CAN'T DO ANYTHING. You "THINK" you have control over your funds, but no, you're technically leaving it to someones hands and just getting it from them when you need it. If that someone get's robbed (Online hack), can you do something about it? No, because it's not YOU that holds the wallet, it's that someone. On the other hand, with hardware wallets, it's YOU that's holding the coins, if they ever rob you, you can do something about it.
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Lorence.xD
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September 03, 2020, 02:03:04 AM |
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I won't agree with you. Old users want to tech perfect things about bitcoin, so the new user will not regret it in the future. If someone asks you about a bitcoin wallet then you should suggest a good wallet as a senior bitcoin user, web wallet wouldn't safe ever and newbies would regret when they will face many problems like KYC and account block. Even they can't buy a hardware wallet they should use a noncustodial wallet and no cost for it. If you don't suggest a hardware wallet then how newbies will no that it is such as an option to keep safer your bitcoin.
Regarding earnings, everyone earing from a different way, so they will suggest as same. Also, they should know regarding anonymity, either they follow it or not. I can't see anything wrong here.
Why not teach them both, the problem here is that there is always a "Make Your Choice" moments, we could teach them both the advantages and disadvantages of both wallets for example and let them decide what to choose from, yes, there will be regrets but it is up to the newbie if they are willing to continue forward or not.
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roadrunnerjaiv2025
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September 03, 2020, 02:18:33 AM |
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Different people answer other people's questions about Bitcoin differently. And different people asking about Bitcoin take other people's answers differently as well. To claim that we are making it complicated to say this and that may not be entirely accurate. It can be complicated for some, but it can also be a life-saver for others, especially when they get an answer or explanation that teaches them a secure option, such as a hardware wallet. I think a better way to put it is to mention both the basic and the complicated aspect of each information you are sharing. For instance, if someone asks you what the safest wallet is, invest a little more time to show at least three options and their pros and cons.
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lepbagong
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September 03, 2020, 03:51:28 AM |
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I won't agree with you. Old users want to tech perfect things about bitcoin, so the new user will not regret it in the future. If someone asks you about a bitcoin wallet then you should suggest a good wallet as a senior bitcoin user, web wallet wouldn't safe ever and newbies would regret when they will face many problems like KYC and account block. Even they can't buy a hardware wallet they should use a noncustodial wallet and no cost for it. If you don't suggest a hardware wallet then how newbies will no that it is such as an option to keep safer your bitcoin.
Regarding earnings, everyone earing from a different way, so they will suggest as same. Also, they should know regarding anonymity, either they follow it or not. I can't see anything wrong here.
Why not teach them both, the problem here is that there is always a "Make Your Choice" moments, we could teach them both the advantages and disadvantages of both wallets for example and let them decide what to choose from, yes, there will be regrets but it is up to the newbie if they are willing to continue forward or not. maybe if you don't want to teach you can also do the easiest thing is to ask for an explanation that is more likely to hit the forum according to the country. because usually what is crucial like this the explanation from the country forum is more understandable and trustworthy. trying to come up with an explanation is a good thing to do, or at least trying it out for yourself at a small face value and being able to figure out which one is the best.
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davis196
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September 03, 2020, 05:16:55 AM |
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Instead, teach them one of the basic ways to earn bitcoin which is micro earning where they can earn small amount of bitcoin like faucets for them to test bitcoin Pointing new Bitcoin users to faucets from day 1 is a completely wrong approach.The newbies will waste their time earning a few hundred satoshis,which is nothing. I can't agree about the other assumptions in your post.I've never promoted hardware wallets to Bitcoin newbies.If you are a Bitcoin newbie and you don't plan to buy lots of Bitcoin,having a hardware wallet is pointless. Bitcoin newbies usually don't care about BTC anonymity,they just want to make some money,but making money online is not easy.It doesn't matter if it's in the crypto world or the fiat digital world. Misleading a newbie into thinking that making money with Bitcoin/cryptocurrencies is easier than all the other online money making methods is completely wrong.
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alani123
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September 03, 2020, 05:21:09 AM |
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Honestly, ease of use is almost always taken into account when someone answers questions about wallets here... That's just my view of course. But if security comes in question, then of course it's also good to make mention of hardware wallets. Newbies need to at least know their options before they can decide.
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tbct_mt2
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September 03, 2020, 05:25:05 AM |
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To try and get first experience, they can use $10 to buy their first bitcoin. There are many exchanges, platforms to buy first bitcoin. https://www.bestchange.com/ (many payment methods and exchanges with rates are available and filter for you to choose best exchanges) Help: A list of LocalBitcoin alternatives (P2P marketplaces)[BIG LIST] Buy/Sell Crypto (OTC, P2P, DEXs, CEXs, NO-KYC, ATMs, etc.)P2P marketplaces and Bitcoin ATMs can give newbies convenience. The Gold marketplace with Digital gold (backed by physical gold in vault) can help you to sell or convert your BTC to ETH or GOLD token. If newbie want to trade on the forum, please being careful with newbies and notice on their trust score, trust feedback and some data on their profiles. Password changed / Woke up recently. Good signals to know potential scammers. Woke-up or hacked accounts should not be trusted.
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maxreish
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September 03, 2020, 06:02:52 AM |
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Newbies are really confused when they are asking in btt forum but there are still some replies and answers that is worth to spend reading and newbies are wise enough to choose which will be the best choice to pick for their own sake. And yeah, I somehow agree that most of the time, members are just complicating things. They should always learn the basic ones at first, from earning here in cryptocurrency space to basic trading and simple and secured crypto wallets. Though I believe newbies are wise enough today. There are tons of article or even such threads here in forum community that they can read and explore. If they are eager to learn, they'll gonna make it to understand even into most complex ones.
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imstillthebest
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September 03, 2020, 06:51:05 AM |
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you got a good point on there but this applies to some but not to others because me to be honest i dont explain btc or a crypto just like on your first example because that is already for advance users . a newbie must learn from the verry begining . i do recomend them an online wallet , the most popular in our country and this wallet already gone thru several updates making it easier to understand for newcomers . i also recomend them faucet to earn for the first time , not this forum because of how rules changed here and its now strict on here to level up an account .
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FXforfun
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September 03, 2020, 07:10:13 AM |
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I'm a newby so I think I can give my opinion based on my personal experience. And yes! Bitcoin is extremely complicated for a newby, a friend of mine who knows I'm invested in Bitcoin was interested on it and I had to warn him that he'll have to spend hours selftraining and cross a long process to join.
I agree that on the internet we have all the needed information. But you have to search, to analyze, to filter the trash from the real good stuff. There's a lot of both. Finally you can understand what it is and where you are entering... But it is complicated. Your time must be invested.
I disagree that bitcoin is just another coin. For me, as a newby, it is not. It's just an asset like gold. What can I buy with bitcoins that I couldn't buy with euros? Nothing. Yeah, I know that now I could buy porn. Well, that's not enough, frankly. Maybe on a near future will be just another coin, but today it is not, nobody uses it. Sorry, it's the way it is.
Anonimity, blockchain, etc. I don't care!! Same as I don't care about the chemical structure of gold. You can invest on gold without knowing its unique physical properties, or how many tons of gold are there on earth...
Bitcoin is complicated and delicated because it's dangerous. A lot of scammer and charlatans hounding. It's like swimming in a pool of sharks. Careful with the wallets!, what do you download and where!, exchanges legit!, etc.
It would ease the process to improve the user interface and security. Something like having a centralized (taboo word I know) organization on bitcoin that could certify APP's, or Exchanges or transactions or whatever. For instance, some of the first things I did was checking on bitcoin.org. Good or bad it was for me the reference point where I got my wallet (hardware wallet) and my exchange. Anything out of this "certifyed" institution would be a visible risk for new users. Something like buying by internet where you can know if the vendor website is a trusted company by... whoever
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megalotz
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September 03, 2020, 07:19:15 AM |
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Everyone has a smartphone nowadays, when they ask you what Bitcoin wallet to use, tell them to use MYCELIUM, it is available for Android and Apple phones. I vouch for Mycelium but if you know of a better/safer smartphone wallet app, advise them to use that.
Just tell them to make a backup of the wallet and keep it in a safe place just in case they lose their phone.
They don't have to earn Bitcoin, they can always buy Bitcoin with their fiat money for testing, investing, or transactional purposes.
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Latviand
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September 03, 2020, 07:20:21 AM |
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Web wallets are unsafe. I use Electrum because of its lightweight on my computer and after install or open it I can use it immediately.
Web wallets are easy to access by those hackers so it is really risky to use them. I settled with using hardware wallets because it is much safer for me and much worth it to store my asset there. I'm comfortable in using it and if I lost my bitcoin with my hardware wallet, it is completely my fault that's why we should always be careful and mindful with it. Is the newbie's responsibility to learn the bitcoin basics, and not our responsibility to teach them how it works.
It is not that bad to ask and seek help to those people who are more knowledgeable and experienced here in this forum. But i'm hoping that in every newbie and every knowledge that they acquire, they should also share it to other newbies like them to prevent having a repeated questions.
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AniviaBtc
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September 03, 2020, 08:26:42 AM |
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In regards to anonymity/privacy, it's necessary to let them know that it's one of the important features of Bitcoin, so they don't become careless like many people are on regular internet. It's a very important feature that makes Bitcoin network secure, just like decentralization, transparency, immutablity, censorship resistant, permissionless/trustlessness, deflation etc. They should be gradually taught these things, for the good of the network.
Some newbies are really easy to trust someone because they think that it will help really help them accomplish or achieve something. Most of that scamming scenarios happened to those newbies who think that someone will help them earn profit when in reality they will just get their money. Anonymity and privacy should be always prioritize and kept in mind so that you will not have a hard time losing your money instantly. Newbies are suffering when they engaged with these fake schemes that can fool their account out. If you're a newbie and you want to become aware with this situations, try to visit "Beginners & Help"
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o_e_l_e_o
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September 03, 2020, 11:29:54 AM |
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for the newbie,they dont need to be afaid in kyc and I don't think the account block will happen as long as they don't do fraud. in my opinion all wallet is not safe it just depend how you use it You are continuing to give out bad advice. Everyone should be afraid of KYC every time you have to complete it. You are sending everything required to completely steal your identity over the internet to an anonymous bunch of strangers. Identity theft can do more damage to you than someone emptying your bank account, and you can be left with life long implications, poor credit, debt, even criminal charges. Saying "all wallets are not safe" is equally poor advice. Sure, there is no such thing as a 100% secure wallet, but that does not make the security of an encrypted airgapped cold storage wallet equal to that of a third party custodial web wallet. There is a big difference between making things simple and oversimplifying things so much as to be dangerous.
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famososMuertos
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September 03, 2020, 11:59:34 AM |
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Hi! I think I understand the point ... but it is easier to start doing it than to start saying it, that is, have execution, how many new users can he say "he helped me" and by him I understand bitcoin. Don't expect others to do things according to your criteria, you just need to know that you are doing it right. We as individuals must seek good information and know who really helps us and who doesn't. This is an Forum where most are adults and we cannot be a kindergarten school. Individually we must do our part to learn what we do not know. GB ______ Please, it's good to use the "!!" rule in a title like that. / this is not a grammar school, but in this case it is necessary. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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thesmallgod
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September 03, 2020, 12:18:04 PM |
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The reason why it seems complicated to explain to a newbie is that you might not understand how much knowledge the individual knows about bitcoin. From experience, most newbies are interested in a bitcoin wallet, how to trade (include buying with fiat) and where to store them. This is the reason I prefer suggesting a more simpler ways rather than some complex answers. For instance, I will never suggest a DEX wallet for a newbie but rather CEX so incase in carelessly forget information about the wallet, he/she could easily retrieved it. As time past by, they will understand some other types of wallet and their usage. But first, they only need to start make use of the basic one.
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CryptoPoliticalEnthusiast
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September 03, 2020, 01:38:05 PM |
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The reason why it seems complicated to explain to a newbie is that you might not understand how much knowledge the individual knows about bitcoin. From experience, most newbies are interested in a bitcoin wallet, how to trade (include buying with fiat) and where to store them. This is the reason I prefer suggesting a more simpler ways rather than some complex answers. For instance, I will never suggest a DEX wallet for a newbie but rather CEX so incase in carelessly forget information about the wallet, he/she could easily retrieved it. As time past by, they will understand some other types of wallet and their usage. But first, they only need to start make use of the basic one.
A good analogy is learning to ride a bike as a kid. Did you start with training wheels? Well start new Bitcoin users with training wheels. When they learn how to "ride," they'll start seeing the other important stuff.
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Slow death
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September 03, 2020, 07:16:07 PM |
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this is strange, because in my opinion when a person enters the investment world that person is obliged to do a lot of research on the investment that he wants to make, and in this a lot of research the person will find hundreds of explanations that some may be difficult and others easy that in the end the person will end up understanding how bitcoin works, today there is youtube that despite being full of people who only post videos to gain views there are still people who post good content and easy to understand
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aryadiningrat123
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September 03, 2020, 07:58:47 PM |
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that's good advice for beginners because they don't understand about bitcoin further so they will ask people who first played bitcoin or use bitcoin so they can understand bitcoin more broadly and be careful in choosing a wallet or converting shares in bitcoin because if they It's their fault that they lose their assets and their money so they have to choose a wallet that is strong or that no one else can hack
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DarkDays
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September 03, 2020, 09:05:40 PM |
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Your strategies are too much effort to implement. If you had 5 people asking you about what BTC was then you'd spend ~20 mins per person explaining the same thing, and the way you said you might just show them how to make small money via faucets etc is only going to cost you your time for probably not much in return.
I have no problem with you doing that from the goodness of your heart, I'm just saying it isn't practical on the long run or something others would consider taking on.
The best way to learn about BTC or anything in general is to have enough curiosity and if that's lacking then there's little you can do to help other learn something they're vaguely interested in. Like the old saying ' where there's a will there's a way'.
And if you ask me what I'd say to people who come to me asking about advice regarding crypto I'd most likely guide them to online resources where they can learn and take away the messages they care about, if they wish so.
Also, this way there's no throwing around the blame that if it wasn't for you I would have still had my x amount of money type conversation.
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