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Author Topic: How can a non technical newbie can learn about bitcoin?  (Read 447 times)
Flyingjack123 (OP)
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July 06, 2022, 05:13:24 AM
Merited by Welsh (1), NotATether (1)
 #1

Hello, I am a nontechnical newbie with medical background. My coding or computer education is almost nil. I want to learn about bitcoin and everything in crypto. What are the suitable resources I can follow?

Thanks in advance..
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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July 06, 2022, 05:21:01 AM
Merited by fillippone (3), Welsh (2), tranthidung (1)
 #2

You can start here: https://learnmeabitcoin.com/

Or you if love reading books: https://aantonop.com/books/iom/

The first link can give you the core concept of what bitcoin actually is starting from simple up to the most technical stuff, while the internet of money is more of like philosophical concept regarding bitcoin.

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July 06, 2022, 05:22:48 AM
Merited by Welsh (2), tranthidung (1)
 #3

If you are starting from zero then you should first learn the basics about bitcoin, what it is, choose a wallet, secure a wallet, send/receive coins, etc. The resources on bitcoin.org are helpful to get you started: https://bitcoin.org/en/getting-started

If you want to dive deeper the book called "Mastering Bitcoin" by "Andreas Antonopoulos" is a good place to start learning more about the technical stuff in bitcoin: https://github.com/bitcoinbook/bitcoinbook

From there, it's just a matter of searching and studying different details such as the cryptography (hash algorithms, elliptic curve cryptography, ...). It all depends on how far you want to go.

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July 06, 2022, 05:27:03 AM
Merited by fillippone (3), pooya87 (2), Welsh (2)
 #4


I believe it is abundant for your start.  Cheesy

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July 06, 2022, 05:27:14 AM
Merited by fillippone (3)
 #5

Hello, I am a nontechnical newbie with medical background. My coding or computer education is almost nil. I want to learn about bitcoin and everything in crypto. What are the suitable resources I can follow?

Thanks in advance..

You only need to know how to read and the basics stuff are here:

Frequently Asked Questions Regarding Bitcoin


Almost every question you have in your mind is answered there and all you need to do is to spare some time reading it.  
The only hard thing to do for the newbies is the actual transacting, sending and receiving BTC as long as you only try little amount first, you all good and when you did it successfully, the next one would be easy.

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July 06, 2022, 05:31:40 AM
 #6

Hello, I am a nontechnical newbie with medical background. My coding or computer education is almost nil. I want to learn about bitcoin and everything in crypto. What are the suitable resources I can follow?

Thanks in advance..
As a starter you are in the right place since this is the birth place where bitcoin discussion started.

I understand if you are not familiar with the technicalities, as there are other tools or site like Google to help you search topics that are unfamiliar to you when it comes to bitcoin but just beware cause some links might be harmful.

If you want to be safe then go to this section bitcoin discussion. Just use the search engine of all the idea about bitcoin any possible questions that comes on your mind can be here.

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July 06, 2022, 05:34:30 AM
 #7

Learning bitcoin from an investment point of view doesn’t require you to learn every thing.

You have to be able to know basics of how blockchains work , smart contracts , Dapps , DeFi and NFTs and meme coins these are the few spaces you should have a fair idea about.

Then you try finding coins or projects that are working on rectifying issues in the current system and are undervalued when compared to their peers in market cap. You look at how actively the team is working and how much they are promoting themselves and spending on ads. What kinds of acquisitions they are making and if any institution is considering or has already been in tie up with them. Then do they grab interest of influential people. Then how good is the future scope of the project, will it stay viable long term basis.

For all of this you can go through Reddit , Quora and YouTube channels of prominent people in this field. Also watch only content with a from a credible platform, these days 1 year olds are explaining how to invest in cryptos , so better stay away from getting scammed
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July 06, 2022, 05:44:55 AM
Merited by fillippone (3)
 #8

Then you try finding coins or projects that are working on rectifying issues in the current system and are undervalued when compared to their peers in market cap.
You can not do that with "basic" understanding of the technology. Otherwise you'd end up brainwashed by pretty advertisement where they first create a fake problem (eg. "bitcoin is slow" or "bitcoin uses too much energy") then introduce you to their own scam coin that supposedly fixes those fake problems (eg. a shitcoin "faster than bitcoin" or one using the fundamentally flawed "PoS algorithm"). When you are fooled into buying that shitcoin, they dump their premined coins on you and make a lot of profit while you end up holding worthless bags.

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July 06, 2022, 06:11:57 AM
 #9

Read through the e-books shared above and share your knowledge here for a better explanation. Consistency is the tool you need to improve faster.

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July 06, 2022, 06:32:58 AM
 #10

There is a separate site working on educating people. Find the required course and start learning at Cryptodetail. Here you've got fundamentals, cryptocurrency mining, altcoins, exchanges, wallets, blockchain and more other. Everything is provided in a much easier way to understand. Even the non technical people will understand the basics upon which the network is operating.
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July 06, 2022, 06:33:56 AM
 #11

Hello, I am a nontechnical newbie with medical background. My coding or computer education is almost nil. I want to learn about bitcoin and everything in crypto. What are the suitable resources I can follow?

Thanks in advance.
Congratulations on finding your way to the forum. Here you will have almost all the answers you need as a beginner and you will also be guided on how you go about your crypto journey. Seeing that so many useful contributions and information have been passed to you already, I will like to encourage you to read through the forum rules so that you don't go against the rules while trying to get knowledge on bitcoin and cryptocurrency.  You can also  gather knowledge if you focus and read more of the topics that will be discussed on this section I believe with time you will get familiar with the knowledge your looking for.

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July 06, 2022, 06:37:25 AM
Merited by fillippone (3), Welsh (2)
 #12

Good starting point is an excellent @fillippone's 5 Resources to teach Average Joe about Bitcoin topic which is aimed at exactly your profile of users. I would just like to add that you don't have to have in-depth knowledge about bitcoin to start using it. All you need is basics on how to store them securely, and how to send without overpaying fees and you are good to go.

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July 06, 2022, 06:47:29 AM
Merited by pooya87 (2), SquirrelJulietGarden (2)
 #13

I might add a few word to all the excellent suggestion above.
Take your time.
Don’t rush.

We are still very early in the bitcoinisation process, don’t rush making investments until you don’t understand at leat the basic concepts.

Read the forum, study, ask questions.
When you are confident, start with a small sum so you can practice with wallets, private keys.
Then start buying small amounts over fixing periods (something called Dollar-Cost-averaging) and go on studying.

Bitcoin can be a very complex matter, you’ll stumble in very different points of view. You will fined your own.

And, above all, doubt of every investment tips, of course. Everyone want to put their greasy hands on your precious satoshi’s!

OMG! Me included!

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leea-1334
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July 06, 2022, 07:02:47 AM
 #14

Some really cool resources I see already mentioned but I understand it can still be time-consuming and hard to see for a lot of people, especially these days people want things in bite size format.

There are quite a lot of "Learning" and "Academy" courses I think might suit this need. Coinbase has one if you can,,, I see also from Binance.

Problem is they want you to use their product (exchange).

Independent one I know a new one is LearnCrypto.com it has many TLDR sections you can check.

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SquirrelJulietGarden
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July 06, 2022, 07:14:43 AM
 #15

Then start buying small amounts over fixing periods (something called Dollar-Cost-averaging) and go on studying.
Dollar Cost Averaging is a good one to use for everyone. You don't have to time the market to succeed.

Websites for Dollar Cost Averaging DCA

https://dcabtc.com/
https://www.blockchaincenter.net/dollar-cost-averaging/
https://www.bitcoindollarcostaverage.com/
https://www.cryptodca.org/

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Maus0728
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July 06, 2022, 07:18:37 AM
 #16

Then you try finding coins or projects that are working on rectifying issues in the current system...
Unfortunately, majority of the projects who failed have claimed the same narrative you wrote.

For all of this you can go through Reddit , Quora and YouTube channels of prominent people in this field. Also watch only content with a from a credible platform
What parameters are you actually talking? Do you mean Bitboy, a youtuber with millions of subscribers shilling useless and scam projects of different NFTS, Defi and the likes?

With large number of influencers encroaching on the YouTube space, it is likely that beginners like OP are susceptible to some false information, which would eventually cause him to invest in projects with little to no value. Plus, it will just introduce another rabbit hole that could lead to confusion.

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July 06, 2022, 07:27:53 AM
 #17

Hello, I am a nontechnical newbie with medical background. My coding or computer education is almost nil. I want to learn about bitcoin and everything in crypto. What are the suitable resources I can follow?

Thanks in advance..
You do not need to read many books, learn many computer language or anything at all. Do only two things.
a. Read the whitepaper and read it a way that you understand the 9 page file.
b. Learn how to create a wallet and secure it.

Take it simple. You do not lean how money was created, who control money, what paper it needs, what printer, what other material to create money. You only see money, have it to you, keep it in bank, spend it. Simple. Bitcoin is the same simple.

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July 06, 2022, 10:01:17 AM
 #18

Hello, I am a nontechnical newbie with medical background. My coding or computer education is almost nil. I want to learn about bitcoin and everything in crypto. What are the suitable resources I can follow?

Thanks in advance..
you can view that links which links you got from first 3 post on this thread. and for more information you can googled as your needed. and you can also watch youtube video about bitcoin. and i will advise you read about bitcoin on this forum. you will get many info about bitcoin & cryptocurrency here . just you have to search hardly yourself


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July 06, 2022, 10:20:54 AM
 #19


If you don't like reading antonop books, you can always watch his youtube videos. There are lots of videos detailing Bitcoin actually some are not so hard to understand and fit for newbie. I'm not very much an knowledgeable myself about BTC. Only the basics of BTC and I only pick up some information in this forum when I tried altcoins what I learn much is trading and playing casino.

Took me years to look into the Whitepaper but there are still lots of terms I'm not familiar.  Nothing much for me to learn as all I want is to use BTC for my trading. If my employer just pay me BTC, I would very well accept.

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July 06, 2022, 10:27:31 AM
 #20

You can start here: https://learnmeabitcoin.com/

Or you if love reading books: https://aantonop.com/books/iom/

The first link can give you the core concept of what bitcoin actually is starting from simple up to the most technical stuff, while the internet of money is more of like philosophical concept regarding bitcoin.
There is a mistake in the first link...I mean the article
Quote
Bitcoin is an electronic payment system created in 2009.
, bitcoin was created in 2008 and lunched in 2009. Though the article is wow!!! I really enjoyed reading the article to gather more information to the ones I I have gathered. That is why learning is a progressive process that has no ending. Then the second link is very nice for the books (The internet of Money. Volume one to two and the other book) stated there. But I discovered that the books can no be accessible unless you pay or buy the books from Amazon. That is poor users can not afford it.

For the OP, you can use the two links that have been provided by Maus0728 to equip yourself with bitcoin and also make more research on search engine like Google and Yahoo. But all depends on your interest and ability to learn. You also need time to read or navigate the net to search for information. You might be interested to read but time is a very big disturbing factor in learning.

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