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Author Topic: What do I need to know has a newbie  (Read 335 times)
Z390
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October 23, 2022, 08:31:38 AM
 #21

Do not buy a hardware wallet from a store nearby or an online marketplace, make sure you order the product from their official website, either Trezor wallet or Ledger wallet make sure it's coming from them officially.

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ABCbits
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October 23, 2022, 09:17:47 AM
Merited by DdmrDdmr (3), vapourminer (1)
 #22

Do not buy a hardware wallet from a store nearby or an online marketplace, make sure you order the product from their official website, either Trezor wallet or Ledger wallet make sure it's coming from them officially.

While generally it's good suggestion, take note some hardware wallet including Trezor and Leder have official/authorized reseller[1-2] (whether it's physical or online store). You also could avoid high shipping fee or import tariff/fee depending on where you live.

[1] https://trezor.io/resellers
[2] https://www.ledger.com/reseller

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DdmrDdmr
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October 23, 2022, 02:57:21 PM
 #23

<…>
A good example to consider is the fact that hardware wallet providers have been breached in the past, leading to emails, names and addresses of their owners made available on the internet for the delight of scammers and whatnot.

If one can make the purchase physically in a reliable shop (i.e. official reseller - which may likely be impossible in many geographical locations), it is certainly something to ponder, as he’d avoid leaving any data behind, especially if the purchase is made in cash. That does not rule out needing to perform the necessary tamper checks, which is something to do regardless of where it was bought.
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October 23, 2022, 03:10:48 PM
 #24

I have been experiencing some financial difficulties due to the inflation I explained my situation to my friend about plans on how to secure my Investments since I'm already used to the character of saving but have little knowledge of bitcoin and investment in it and my friend introduced me to bitcoins and this forum I'm really glad to be here please what must I know?

Your story look like mine. Although it been long I registered in the forum but since I am novice about bitcoin I was not having the interest in it but a brother and a friend of mine encouraged me to participate so I can learn well.
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October 23, 2022, 04:12:42 PM
 #25

Have gone through most of the comments and I can say I have gotten alot of advice and steps on how and where to start from or go about it. It has been really helpful and I just want to say thank you to everybody. I really appreciate the advice and guidance on how to go about the whole stuffs.
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October 24, 2022, 01:05:32 PM
 #26

It has been really helpful, and I just want to say thank you to everybody.
Welcome to the forum, feel free to ask more questions in case you become confused. I can relate to your story, and it is a good place your friend has introduced you to, he has also put you on a path to financial independence with him/her introducing you to cryptocurrency instead of helping you temporarily with money which would have been good also but sadly a temporary solution to your financial problems. That is an example of the type of friend to keep.

R


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Awaklara
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October 24, 2022, 02:12:19 PM
 #27

I have been experiencing some financial difficulties due to the inflation I explained my situation to my friend about plans on how to secure my Investments since I'm already used to the character of saving but have little knowledge of bitcoin and investment in it and my friend introduced me to bitcoins and this forum I'm really glad to be here please what must I know?
looks like you will like Bitcoin Investment from your habit of saving.
to find out about Bitcoin, you can visit the Bitcoin Discussion board. you can find a lot of information there. technology, news, and also developers.
It is also important that you know the Bitcoin market and cryptocurrencies in general. you can visit the Trading Discussion board.

the forum may not be able to provide all the complete information. but don't hesitate, you can ask here.

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.Duelbits.
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YOSHIE
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October 24, 2022, 02:57:52 PM
 #28

Have gone through most of the comments and I can say I have gotten alot of advice and steps on how and where to start from or go about it.
That's a great move, if you've read and responded to some of the suggestions from the more junior forum members here.

I'm sure you here can start and end well, this forum has good information and developments that you can learn especially about crypto such as Bitcoin, investment, trading, Meta, exchange and so on, the bottom line: you have to have faith and willingness to learn well, to be honest we were the first to come here, also have the same experience and things as you, with persistence and willingness we want to learn, so that we can achieve what we want especially about crypto investing and trading.

R


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Obari
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October 24, 2022, 03:59:56 PM
Merited by vapourminer (1)
 #29

I have been experiencing some financial difficulties due to the inflation I explained my situation to my friend about plans on how to secure my Investments since I'm already used to the character of saving but have little knowledge of bitcoin and investment in it and my friend introduced me to bitcoins and this forum I'm really glad to be here please what must I know?

You must know that plagiarism is a very big taboo over here, and if you must get something from somewhere else, then you have to always reference it.
You have to know that here, tribalism and racism isn't tolerated, as all members are treated equally according to your ranking.
I want you to also see the forum as a school, which you'll unlearn,learn and relearn as learning never ends which is very practical in the forum.

Members are been ranked according to their efforts put into writing that got the attention of people to be able to like it enough to Merit it. See below for ranking details here https://bitcointalk.org/index.php?topic=282350.0
Always try as much as possible to write quality and meritable post, as short words like wow, great, nice, etc isn't nice and might not earn you a merit for your next ranking.

To get full list of things you need to know as a new, click below
https://bitcointalk.org/index.php?board=1.0

R


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Agbe
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October 24, 2022, 05:06:21 PM
 #30

I have been experiencing some financial difficulties due to the inflation I explained my situation to my friend about plans on how to secure my Investments since I'm already used to the character of saving but have little knowledge of bitcoin and investment in it and my friend introduced me to bitcoins and this forum I'm really glad to be here please what must I know?
Inflation is a global phenomenon, but there are some situations that the inflation rate is higher than the normal inflation of a country such scenario are war, high level of demand/scarcity of a good (s) and other disasters.
Investment is the best business ever in everyone's life. A man without Investment is like a failure to his children. Because when he has passed on the children have to take over from where he has stopped.
Saving money in one's custody is one of the dangerous thing in life. Even you that own the money will not sleep well. Because you will be thinking of arm robbers and others unrest things in mind.
There are lot of things to be Known. Read the rules in any forum you are visiting and abide on the rules then you are good to go.

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October 24, 2022, 06:19:26 PM
 #31

If you want to buy a hardware wallet make sure it's open source, if you don't know already not only hot wallets are closed source we have some hardware wallets that are closed source too, DYOR.

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SPIN

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Gosgosking
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October 24, 2022, 10:25:43 PM
 #32

As far as you are in the this forum you are in the right part. The forum will help you how to go about investment. The forum won't encourage you go into an investment that may seems difficult for you. What you need to know as a newbie, bitcoin can't make you to be rich if only depend on bitcoin without any source of income.
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