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Author Topic: Can we have a newbie Bitcoin wallet?  (Read 402 times)
leonair
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August 17, 2023, 03:26:25 AM
 #41

Is there any wallet for newbies? If there's none, I think we should have a wallet for newbies. As a newbie who wants to learn and more about crypto, I've learnt that owning a wallet is very essential in managing one's crypto assets hence the necessity for anyone who wants to get involved in Bitcoin must have crypto wallet.
I do not think that it would be feasible to create a wallet for beginners, given that they are beginners, and mistakes cannot be avoided unless you mean creating a smart wallet that can detect user errors, which does not seem logical if the user himself does not have sufficient knowledge of the basics of the blockchain.
On the other hand, there is a much better solution, which is to use the Bitcoin test network. It is a parallel network that operates with the same settings as the Bitcoin blockchain and was created for practice and learning purposes before passing to the main network. On this network there is a testnet bitcoin that has no market value and can be obtained for free from one of the available faucets or by requesting it from anyone who owns it.
Wallet is wallet It will not be anything else for beginners. So it is foolish for beginners to think of a separate wallet. But I have noticed that most people who are new to cryptocurrency use Trust wallet. this is enough for beginners as they don't hold large amounts of crypto. but gradually everyone should move towards a good non-custodial wallet and start using hardware wallet if possible.
Right you are The wallet never separates. Because the function of the wallet is to store the crypto and allow it to be managed as desired.  New Rau wallets are used to deposit crypto and old Rau wallets are used to deposit crypto for no other purpose.  But one thing here is safety, the more amount you hold, the more safety you need.  In that case it is necessary to use a separate wallet.so beginner or old bitcoin use can use same wallet as well



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August 17, 2023, 03:55:24 AM
 #42

Wallet is wallet It will not be anything else for beginners. So it is foolish for beginners to think of a separate wallet. But I have noticed that most people who are new to cryptocurrency use Trust wallet. this is enough for beginners as they don't hold large amounts of crypto. but gradually everyone should move towards a good non-custodial wallet and start using hardware wallet if possible.
yes, I see some newbies I meet also use trust wallets. some even still don't have their own wallet and leave their assets on the exchange. even though they are not trading actively.
I was even surprised when I saw a friend who kept a sizable amount of Bitcoin in a trust wallet. and he doesn't know anything about hardware wallets. I suggested that he buy a hardware wallet but he ignored it. I can then only advise not to connect his wallet trust to the website carelessly. especially if they are active in the airdrop, there is a huge risk they will face if they carelessly connect their wallet.

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August 17, 2023, 11:50:36 AM
 #43

Is there any wallet for newbies? If there's none, I think we should have a wallet for newbies. As a newbie who wants to learn and more about crypto, I've learnt that owning a wallet is very essential in managing one's crypto assets hence the necessity for anyone who wants to get involved in Bitcoin must have crypto wallet.
I do not think that it would be feasible to create a wallet for beginners, given that they are beginners, and mistakes cannot be avoided unless you mean creating a smart wallet that can detect user errors, which does not seem logical if the user himself does not have sufficient knowledge of the basics of the blockchain.
On the other hand, there is a much better solution, which is to use the Bitcoin test network. It is a parallel network that operates with the same settings as the Bitcoin blockchain and was created for practice and learning purposes before passing to the main network. On this network there is a testnet bitcoin that has no market value and can be obtained for free from one of the available faucets or by requesting it from anyone who owns it.
Wallet is wallet It will not be anything else for beginners. So it is foolish for beginners to think of a separate wallet. But I have noticed that most people who are new to cryptocurrency use Trust wallet. this is enough for beginners as they don't hold large amounts of crypto. but gradually everyone should move towards a good non-custodial wallet and start using hardware wallet if possible.
This reminds me of the time when (almost) everyone used the blockchain.com wallet thinking it was the official wallet for bitcoins. Almost most of us used this wallet before understanding the basics of the blockchain. Then blockchain.com took advantage of the wallet's popularity, along with its blockchain browser, to launch its own trading platform. This is what is happening today with beginners and the Binance platform, as those who do not use their account on Binance as a private wallet use the TrustWallet. Unfortunately, it is not possible to correct the ideas of beginners about the differences between the different wallets, if they do not have the will to search, understand and learn.
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August 17, 2023, 01:34:10 PM
 #44

When you talk about Newbie wallet, I guess what you meant is an easy to use, and user-friendly wallet, right? Because "Trust wallet" is the best option for that, due to it's simple, easy to use interface and it's option to add a new token or coin while selecting the right blockcain while running an airdrop & bounty hunt, making it the most popular among newbies.
Mind you that trust wallet is a closed source wallet, and it is not advisable to use closed source wallets (look at what happened to Atomic wallet), i don't use trust wallet, so i don't know if it is user-friendly like you say, but that's not still enough reason why one should choose "simple and easy to use" over their security. Electrum and other open source wallets i have used are also very user friendly and so easy to use, coupled with better security.

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August 17, 2023, 04:15:44 PM
 #45

Is there any wallet for newbies? If there's none, I think we should have a wallet for newbies. As a newbie who wants to learn and more about crypto, I've learnt that owning a wallet is very essential in managing one's crypto assets hence the necessity for anyone who wants to get involved in Bitcoin must have crypto wallet.
I don't think there is anything like newbies wallet but I know many of these non-custodial wallets always have a demo on how to use it. Anyone that is confused about how to use a wallet effectively can kindly search for videos online on how to use the Wallet safely if such a Wallet is a popular one people had been using. Any person that is confused too and can write to the team on complaints so that issue can  be resolved by the team. There are multiple wallets newbies can use on the internet that are very easy to use without any difficulty at all.









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August 19, 2023, 04:36:49 PM
 #46

Is there any wallet for newbies? If there's none, I think we should have a wallet for newbies. As a newbie who wants to learn and more about crypto, I've learnt that owning a wallet is very essential in managing one's crypto assets hence the necessity for anyone who wants to get involved in Bitcoin must have crypto wallet.

I think there are tons of guides in the internet that provide all the services and questions that you may need. In addition, you can also use a wallet and search for its corresponding YouTube videos for tutorials, etc. to fully grasp its entirety.

The internet is your friend- all of the information about a certain thing is one Google search away. Even if people were to create a newbie wallet, such use would be obsolete given that once you use a certain thing for a long time, you will become accustomed and knowledgeable on it.

That is why, I do recommend that you utilize the search bar in the forum if you have any questions about a certain wallet; search using Google; or create/open a thread for a discussion should you have questions about its use.

R


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August 20, 2023, 12:18:47 PM
 #47

I know exactly what you are talking about and I agree that it can be daunting for new users to understand everything about a wallet but it's not that difficult once you get the hang of things.

I send all new users to use Blue Wallet because it has the best interface for an on-chain wallet with different accounts and ease-of-use. If someone needs a lightning wallet that is also incredibly convenient and with a clean interface, I refer them to Phoenix and sometimes Muun but they both have their own learning curves. New users need time to learn how to send and receive on lightning before they try to open their own channels and deal with Phoenix's fees, etc. Once they get familiar with how sending and receiving works, then I try to onboard them onto Sparrow Wallet for maximum control over their transactions and a whole number of good rabbit holes to learn from.

Hope this helps.

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August 20, 2023, 05:15:00 PM
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 #48

There is no particular Bitcoin wallet made for newbies only, every Bitcoin wallets are very easier to use but the problem is some are safe to use and some aren't, the difference is some are centralized wallet, they are custodial and the probably don't have private keys, you are going to log into the wallet using your email and password like when you trying to log into Twitter or your Gmail account, some give private keys but they have access to your fund..

The best wallets are blue wallet and Electrum wallet, download on your PC or mobile phone and keep the private keys to yourself only, do not share with any living soul, there is nothing hard about Bitcoin wallet, you can make transactions of them but verify the address you are sending the Bitcoin to because once you sent it out to another address there is no way to recover that Bitcoin.

Stay away from new crypto wallet that came out recently, they might be good but there is no way to proof them because no one or very less people are using such wallets, try staying with popular Bitcoin wallets that people are using, this is why I recommend blue wallet and Electrum wallet.

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BIT-BENDER
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August 20, 2023, 07:36:54 PM
 #49

There is nothing like newbie bank right so why should there be newbie Bitcoin wallet. Before you join or take up wallet you should have done your research on how to run it up, there are always guides from the wallet that would help you navigate the wallet it self and everything is not complicated. I see no reason for a newbie account.

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.HUGE.
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