Newbiemon (OP)
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Activity: 60
Merit: 10
★☆★Bitin.io★☆★
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July 01, 2014, 01:05:39 PM |
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Newbie here in the forum, i just want to know what to do and not to do, and some tips to earn BTC Thank you!
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ferall
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July 01, 2014, 01:11:36 PM |
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Don't trust anyone. Thoroughly check your computer (if you have one) for malware, viruses, rootkit etc etc etc.
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Velkro
Legendary
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Activity: 2296
Merit: 1014
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July 01, 2014, 01:20:03 PM |
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do read a lot of guides from diffirent sources don't gamble
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Acidyo
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July 01, 2014, 01:22:42 PM |
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Don't trust strangers.
Don't fall for obvious schemes.
Try to learn as much as possible about bitcoin and spread the info with others.
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Newbiemon (OP)
Member
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Activity: 60
Merit: 10
★☆★Bitin.io★☆★
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July 01, 2014, 01:38:35 PM |
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Thanks for the info guys! i will surely remember the trust no one part. i'm really excited to earn in bitcoins.
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ferall
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July 01, 2014, 01:40:41 PM |
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Thanks for the info guys! i will surely remember the trust no one part. i'm really excited to earn in bitcoins. Good luck!
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Sydboy
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July 01, 2014, 01:51:14 PM |
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dont trust anyone. encrypt wallet with password or to be extra secure encrypt the wallet.dat file again.
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Zebra
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July 01, 2014, 02:29:25 PM |
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Newbie here in the forum, i just want to know what to do and not to do, and some tips to earn BTC Thank you! Use escrow whenever possible, and be extra careful when the deal is too good to be true.
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2double0
Legendary
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Activity: 2618
Merit: 1105
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July 01, 2014, 02:33:06 PM |
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Yep, allllwaaaayyyyys escrow when you can and sign up with sig deals to make a couple btcs a month with the posts you make here. have fun !
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Zebra
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July 01, 2014, 02:47:31 PM |
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some tips to earn BTC You have already discovered the best way to earn bitcoin, ie. joining a sig program lol.
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validium
Sr. Member
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Activity: 350
Merit: 250
Decentralized thinking
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July 01, 2014, 03:06:53 PM |
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Start with Malware protection i.e download Noscript to minimize the chances of you getting infected with malware through drive-by's while surfing the net
And avoid downloading unwanted softs. or clicking on weird links especially shortened urls.
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oli123123
Legendary
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Activity: 1445
Merit: 1000
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July 01, 2014, 03:10:20 PM |
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Don't use online wallets
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newflesh
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July 01, 2014, 03:28:18 PM |
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It's a good idea to have a read of some of the scam accusation threads to get an idea of the sort of scams people try and pull. Always use a trusted escrow for trades
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RodeoX
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Activity: 3066
Merit: 1147
The revolution will be monetized!
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July 01, 2014, 03:45:08 PM |
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Don't get off track with alt-coins or investment schemes. Just buy bitcoin at market price from an exchange then transfer it immediately to a wallet on your computer. And do make a backup copy of your wallet.dat file that is stored in a safe location.
These are not hard rules, but may help you avoid fraud. Shared wallets or online wallets are risky. If you are not using Linux then it is even more so. Trading with PayPal or not using escrow is also a good way to loose your money. Lastly, if you loose your wallet and have no backup copy, your money is hopelessly gone.
-Cheers
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izanagi narukami
Legendary
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Activity: 2030
Merit: 1028
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July 01, 2014, 04:22:37 PM |
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Do: Don't : - trust anyone directly,
- gamble
- spam
tips for earn bitcoin :you can start to join voting contest, good start for making BTC find out more here :
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bitmaster111
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July 01, 2014, 06:22:28 PM |
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Don't use online wallets
Anything serious with online wallet what happen why you use " Don't use online wallets " . because I am using online wallet I want to aware about any issue with online.
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odolvlobo
Legendary
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Activity: 4424
Merit: 3324
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July 01, 2014, 06:29:06 PM |
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- Encrypt your wallet.
- Backup your wallet.
- Don't let other people hold your bitcoins for you.
- If you don't hold the private key, you don't own the bitcoins.
- Use escrow if you don't know the other person.
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Join an anti-signature campaign: Click ignore on the members of signature campaigns. PGP Fingerprint: 6B6BC26599EC24EF7E29A405EAF050539D0B2925 Signing address: 13GAVJo8YaAuenj6keiEykwxWUZ7jMoSLt
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btchris
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July 01, 2014, 08:08:52 PM Last edit: July 01, 2014, 08:24:04 PM by btchris |
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Some of these are repeats... but they deserve being repeated! - Do encrypt (passphrase protect) your wallet. Don't use a simple passphrase. Don't use a passphrase you use elsewhere. Encryption helps, but understand that it doesn't prevent all types of theft.
- Do backup your wallet. Different wallet software work in different ways: some wallets you only need to backup once, others you need to backup after every new receiving address is created, and others are somewhere in-between. Understand how this works for the wallet software you've chosen, and be vigilant with your backups!
- Don't start off owning more BTC than you can afford to lose/have stolen. If you find yourself getting close to your personal limit, search for "cold storage" and find out how to use it. Don't put this off until it's too late.
- Do choose one of the wallet options from the official choose-your-wallet page here: https://bitcoin.org/en/choose-your-wallet. Not all online wallets are bad, however Do heed the warnings on this page regarding some of the less-safe online wallets. Choosing an online wallet does not exempt you from backing up your wallet.
- Don't download programs from the Internet. This rule is difficult to follow 100%; just be aware that each new program you download and run could be the one that steals your BTC.
Regarding that last rule, here are some guidelines that can help you decide how (un)safe a download is. Note that these are not hard-and-fast rules! - Do research a program before downloading it. Are there a lot of websites discussing it if you search for it? Does it have a Wikipedia page that wasn't created yesterday? If either answer is No, Do be more suspicious of it.
- Software that is open source, especially if the answers above were No, is generally more trustworthy, but Don't assume that something is safe simply because it's authors claim it's open source!
- Software that is written in a popular scripting language such as Python, Ruby, Perl, JavaScript, etc. is generally more trustworthy, but Don't assume that something is safe simply because it's a script unless you can read and fully understand the entire script! Never download and run something claiming to be a script if it's actually an EXE file.
- Do look at the number of pages in a thread before downloading any software referenced on the first post of the thread. More pages means a smaller chance of the software being malware (but there's always still a chance it could be malware!). Do avoid software with only a few pages worth of posts - let someone else be the guinea pig!
- Do look at the Activity count and the Date Registered of users when trying to decide if they're trustworthy, and be more suspicious of Newbies, but Don't automatically assume that a Hero Member is 100% trustworthy.
- Do err on the side of caution/paranoia. It only takes one piece of malware to steal all of your BTC even if you've encrypted your wallet and even if you're using two-factor authentication.
- If you've decided to risk downloading something, Do take the time to find the single official download link or website.
Sorry if I sound scary... most people around here are the honest type, but there absolutely are scammers around here too. Use common sense, and have fun!
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commandrix
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July 01, 2014, 09:16:50 PM Last edit: July 01, 2014, 09:32:21 PM by commandrix |
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If you find yourself strongly tempted by a seemingly awesome offer, whether here on the forum or elsewhere, while browsing the Internet in your pajamas first thing in the morning, go have breakfast. It'll at least give you time to think things over. Oh, and when you do want to deal with somebody, make sure he, she, it or they has a positive trust rating and has been around for a while. You see offers from other newbies all the time and probably 75% of them are scams.
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spacegeek
Newbie
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Activity: 4
Merit: 0
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July 01, 2014, 10:56:58 PM |
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Don't use online wallets
So your saying not to use coinbase? What exactly is wrong with using coinbase if you transfer the bitcoin to a cold storage wallet after receiving bitcoin?
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