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Author Topic: I want to know about bitcoin and wallet system.  (Read 71 times)
Khokonrana (OP)
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Today at 06:05:26 AM
 #1

Please I want to know about bitcoin and I'm very excited to know more about techinical inssue and how to manage a bitcoin and sell .

I am completely nervous right now that's why I'm asking.
Noobguy
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Today at 06:26:20 AM
 #2

Bitcoin is digital money. It is not controlled by any bank or government. You keep it in something called a wallet. This wallet gives you an address, and that address is like your account number. You can receive Bitcoin there, and you can also send it to others.

The technical side is a little bit difficult, especially things like private keys and transactions. The most important thing you must protect is your private key.

Managing Bitcoin is mostly about using a good wallet and being careful. Nowadays, many wallets are easy to use, like Trust Wallet, Electrum, or hardware wallets. You can check your balance, send, and receive Bitcoin without much difficulty once you get used to it.

Selling Bitcoin is also simple. You can use an exchange like Binance or other trusted platforms. You send your Bitcoin from your wallet to the exchange, then sell it and receive money in your bank or mobile wallet.

Don't worry, everyone thinks difficult in begining. Try to learn more, read articles in this Bitcointalk you will see many valueable post, try to read, take tim,e and if you face any problem, just ask or start a new topic in Beggingers and help or in Bitcoin discussion section.
satscraper
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Today at 07:42:30 AM
 #3

Please I want to know about bitcoin and I'm very excited to know more about techinical inssue and how to manage a bitcoin and sell .

I am completely nervous right now that's why I'm asking.

In very simple words, Bitcoin is something like the cryptographically backed electronic form of IOU promise stored in the blockchain, which is distributed database ideally synchronized across millions if not billions of devices.

But I have to ask you why are you nervous?

Once I heard the wonderful song I don’t remember its titlle that said “all learners travel so hard.” I agree with this, but I must add that their efforts will eventually pay off.

So you should begin your journey with hope rather than nervousness.

If you are not affraid of technical terms I would recomend starting with this educational site.




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knowngunman
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Today at 08:23:11 AM
 #4

Please I want to know about bitcoin and I'm very excited to know more about techinical inssue and how to manage a bitcoin and sell .

I am completely nervous right now that's why I'm asking.

You're mixing things together. Knowledge is one step at a time, not by eagerness.

As a beginner, you need to know about Bitcoin first before making advanced steps to know about the technical aspects of it.

Here's a link you need as a beginner to know about Bitcoin. learnmeabitcoin.com

If you overexcited, you might miss the necessary basics and jump to advanced level. You'll find things difficult if you lack basic knowledge.

As for wallet related issue, you should check one of the pin thread on this board [General] Bitcoin Wallets - Which, what, why?

 
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bitmover
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Today at 08:50:51 AM
 #5

Please I want to know about bitcoin and I'm very excited to know more about techinical inssue and how to manage a bitcoin and sell .

I am completely nervous right now that's why I'm asking.

Completely nervous about what? Bitcoin is in every media portal around the world  there are literally thousands of good guides on the internet about how to buy/sell bitcoin safely.

I am always intrigued by such posts. Why dont you just Google about it?

This post would make sense 10+ years ago


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Alvin_talk
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Today at 08:52:32 AM
 #6

Please I want to know about bitcoin and I'm very excited to know more about techinical inssue and how to manage a bitcoin and sell .

I am completely nervous right now that's why I'm asking.
OP I believe satscrapper has already made you understand what bitcoin is all about so I won't explain that again. Gaining technical background in bitcoin means you need to put alot of effort consuming technical contents about bitcoin. Although I am still in the learning phase as well but this are the little technique I use to improve daily:
First, I visit the technical discussion board regularly, not to write but to read inputs by experienced users, it helps me alot. Apart from this, I also read Mastering Bitcoin by Andreas Antonopoulos and l visit this site, learnmeabitcoin.com to read and improve my technical knowledge.

The journey is not always smooth but as you know good things don't come easily, less I forget, there is a site I also find interesting to download and read for free: oceanofpdf.com you can find so many interesting bitcoin related books there. The books in this screenshot and many more a available for you to read and understand and should incase you encounter any difficulties you can always create a thread to get answers to your queries.

nakamura12
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Today at 09:05:17 AM
 #7

It is like the digital fiat if there is in your country where you can send and receive but in this case is that it is crypto like Bitcoin. Bitcoin uses proof of work where it uses cryptographic puzzle that miners solves to validate transactions that will be added to blocks that are mined. There are lots of topics and guidelines online like how to buy and sell Bitcoin, which wallet is best to use, how to increase security of the wallet and also about privacy.

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Today at 09:40:05 AM
 #8

Perhaps with "nervous", OP meant "eager to learn" or "excited about it".

OP, read this: https://learnmeabitcoin.com/beginners/how-does-bitcoin-work/ and then revisit the whole guide. It's good for beginners.

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