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KingsDen
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September 15, 2022, 11:10:22 PM
 #41

Simple question where do I start with Bitcoins?

Oh no! It's another one, newbies are used to dropping a post and not return to the conversation again lol. I was a victim of this, but I would still return maybe in 2 or 3days time when the conversation is in the 4th or 5th page and I would find it difficult to reply to all the important posts, since I didn't know how to multi-quote  Grin

Incase you will get back to read this, you have a question to ask yourself .
Why do I want to know Bitcoin?
To what extent do i want to know Bitcoin?

For the question of why know Bitcoin, there are two possible answers for you;
  • Because I want to get rich(quick) with bitcoin
  • Because I see bitcoin as an evolving technology that might be the future if finance, perhaps it can help me control my money without the third party
If your answer is number one, you need to change your mindset and make number two your possible answer.

For the question of to what extent you want to know bitcoin, there are two possible answers;
  • Just to be able to perform bitcoin transaction, hodl or even trade bitcoin
  • To know the technical part of bitcoin,  by knowing its working principles and maybe be able to make decisions in bitcoin.
Both reasons are cool and upto you to decide based on your level of dedication. You will achieve both knowledge here by searching the forum and asking questions. You can enhance faster by reading bitcoin books and documentaries.

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September 15, 2022, 11:57:14 PM
 #42

Simple question where do I start with Bitcoins?

right here, on this forum  Wink

But kidding aside, it's up to you... Why are you interested in bitcoin? The technical aspects, the fact that it's a method of sending and receiving funds, or are you looking to invest?
Bt exactly, in my opinion, this frum is the most appropriate to start with Bitcoin. Yes, this is a very good forum to learn about Bitcoin, to be understood more efficiently and easily than learning and reading on the articles.
Bt, because there is so many information, replies, and posts right here, we need more time to read them, many great information is available here.
As long as we always continue reading, this will really be a great starter before inevstment.

For OP, once to remember is that:
Never start by following the people activities on hype, in which athey may have been profesiona, and you are new. SO, the activities and also decision may be different. the ebst way is always reading and learning at first from any source. Then, don't be easy fooled by somecertain platforms that promise about ver high profuts instantly. They may be scammers and will take your money

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September 17, 2022, 09:53:30 PM
 #43

And you are exactly where you need to be, right here in this forum. You will learn and read about most things and articles you need to know about bitcoin in this forum. You Also need to stay dedicated and punctual if you really want to learn. This forum is one of the best forum you will ever see when it comes to bitcoin or cryptocurrency. So keep your heads up and remain focused.

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September 18, 2022, 05:21:27 AM
 #44

Simple question where do I start with Bitcoins?

Where do you start with bitcoin This kind of answer is definitely given by senior sirs who are there. But I want to tell you a little bit more about Bitcoin mining. If you can invest you will gain experience but you don't want to anyway just ask and leave. Here you can take help of pool mining and there you can follow.
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September 18, 2022, 06:47:35 AM
 #45

"I have my graphic cards ready to start, where do I start mining and which is the most reasonable way to start it?"
You can't use a graphic card to mine Bitcoin anymore, those days are long gone, now you need an Asic miner to mine Bitcoin and they are very costly, also do not bother mining other coins right now because it's never going to be possible since Eth mining is no more, I have 6 2080ti and they give me 1$ to 2$ per day, imagine that.

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September 18, 2022, 08:30:08 AM
 #46

You can't use a graphic card to mine Bitcoin anymore, those days are long gone...
That's true, but you can still mine altcoins and then sell them or exchange them for bitcoin if there is a market for it. There are platforms like Nicehash that still work. How profitable that is with the current worldwide electricity costs is a big question though. You mine an altcoin and the site pays you in BTC. But be ready to lose a decent share because of their fees.

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September 19, 2022, 10:03:20 AM
 #47

Start from knowing about Bitcoin and you do that through engaging in the forum. This way you will know how to buy your first Bitcoin,  where to save the coin and to protect your private keys and what kind of wallets to use. Bitcoin isn't complex but when you misplace your private key the complexity sets in. Start by learning and to learn you begin here

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September 20, 2022, 11:07:51 PM
 #48

Depending on your true motivation, you might wish to use bitcoin for investment or for money transfers. To me In either case, this forum will be of great assistance to you. I am aware that, as a newcomer to the world of cryptocurrencies, you will undoubtedly have many questions. Therefore, use this form frequently to learn more.

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September 20, 2022, 11:46:03 PM
Merited by The Sceptical Chymist (3)
 #49

Simple question where do I start with Bitcoins?
While we've been putting in our best to make sure OP gets the answers that would help him or her to understand crypto and the way the forum works, OP haven't been giving the responses any attention and could be said to have been trolling.

OP have been inactive since the creation of this thread as his last seen is the same as thread creation.

Except the intent is to ensure other beginners who might be in OP's shoes understand, we might just be wasting our time and energy in trying to make a good impression.



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September 21, 2022, 06:11:45 AM
 #50

This excellent forum allows you to get to know Bitcoin even more closely. Before you start with Bitcoin, you should first identify the aspects that allow you to be even more sure of getting Bitcoin fractions in any way. Bitcoin is very much favored by people in various parts of the world because of its role as an investment instrument that has the potential to reap maximum profits. It should also be underlined, Bitcoin also has risks because the price moves very volatile from time to time. So, before you put anything of value in Bitcoin, you should do some thorough research before investing in Bitcoin to identify the risks and match your ability to minimize risk.

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September 21, 2022, 05:55:50 PM
 #51

Since you didn't explain whether you already had a bitcoin wallet or why you needed to start using it, I'll be honest and say that this question is anything from easy.
It's a great time to buy bitcoin if you want to invest in it, so if you haven't done so already, I advise you to open a wallet and then look for an exchange platform that accepts your country. I also urge you to keep browsing this fantastic forum and pick up lots of knowledge.

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November 25, 2022, 08:27:53 AM
 #52

I think the best way to start is to read a bit, research and start investing. The only way to understand how the market works is by actually being part of the market. Good luck.
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January 02, 2023, 05:58:26 PM
 #53

For you to know more about bitcoin is in the forum here because mostly things that are being discus here is about bitcoin and other related activities which are very useful to who is planning to make a bright future because I as a newbie here I'm also here to learn more about bitcoin and other activities because I have hear a lot about bitcoin and I have seen how useful it is to those who believe in bitcoin, so my friend before starting anything about bitcoin and to make it easier for you is to start up from the forums ask people who know much better than you to know much about bitcoin.
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January 02, 2023, 10:39:34 PM
 #54

You can't use a graphic card to mine Bitcoin anymore, those days are long gone...
That's true, but you can still mine altcoins and then sell them or exchange them for bitcoin if there is a market for it. There are platforms like Nicehash that still work. How profitable that is with the current worldwide electricity costs is a big question though. You mine an altcoin and the site pays you in BTC. But be ready to lose a decent share because of their fees.

the distribution of bitcoin block rewards which is getting smaller every year makes btc miners have to upgrade their mining machines with new and expensive CMIIW, so those who want to focus on becoming miners (what I mean here is altcoin mining) can see this article ->

I think the best way to start is to read a bit, research and start investing. The only way to understand how the market works is by actually being part of the market. Good luck.

Becoming a profitable investor in the market is not an easy matter, there are many things to go through, starting from learning - DYOR - and even making the right decisions (buying and selling), everything must be done properly and correctly. lastly, don't be rash and greedy because time can't come back, if you make a mistake in investing (especially if you buy shitcoin) then time will be wasted. focus on investing in bitcoin, it's more certain.



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Sandra_hakeem
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Activity: 308
Merit: 437


.."Know thyself" --Socrates--


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January 03, 2023, 09:25:38 PM
 #55

Simple question where do I start with Bitcoins?
I honestly dunno why you got registered in here in the first place -- isn't these purpose amongst your main interest In here? When I got registered, honestly I knew a little about Bitcoin but it wasn't enough to help me out lest I got beguiled by some ponsi schemers -- that's majorly what any regular beginner would come across on the net...I'm proud to say that I've learnt alot including -- having some fringe ideas on technical matters; I wouldn't get that if I wasn't registered in here. OP, I believe you'd get whatever orientation you need in here to begin your crypto journey -- just look out for where you've got some complexities and let anyone help you out with 'em.

Sandra 🧑‍🦰

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