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binaryclocktwo
Newbie
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Activity: 4
Merit: 0
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July 29, 2014, 05:12:35 PM |
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The best would be to get a bitcoin app for your phone, send like 0.25 to it and try to use it as much as possible. Get used to how the transfers go, and how quick things are verified. Experience always is the best.
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DrG
Legendary
Offline
Activity: 2086
Merit: 1035
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July 30, 2014, 07:14:41 AM |
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The best would be to get a bitcoin app for your phone, send like 0.25 to it and try to use it as much as possible. Get used to how the transfers go, and how quick things are verified. Experience always is the best.
Eh phone wallet apps are not very secure at the moment. While I would encourage people to spend Bitcoin to increase adoption, for some 0.25BTC is almost a months worth of savings. |
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ranochigo
Legendary
Offline
Activity: 2982
Merit: 4193
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July 30, 2014, 12:11:57 PM |
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The best would be to get a bitcoin app for your phone, send like 0.25 to it and try to use it as much as possible. Get used to how the transfers go, and how quick things are verified. Experience always is the best.
OP should just research more before trying out small amounts to online wallet or lightweight wallets and get more experience. No newbies would immediately buy $125+ for a thing they don't have knowledge about. |
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polynesia
Legendary
Offline
Activity: 1358
Merit: 1000
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August 02, 2014, 07:53:31 AM |
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The best would be to get a bitcoin app for your phone, send like 0.25 to it and try to use it as much as possible. Get used to how the transfers go, and how quick things are verified. Experience always is the best.
OP should just research more before trying out small amounts to online wallet or lightweight wallets and get more experience. No newbies would immediately buy $125+ for a thing they don't have knowledge about. they don't have knowledge about or cant afford... |
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Keyara
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August 02, 2014, 10:41:50 AM |
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I am new to Bitcoin's and looking to get into them. What is the main advice you wish someone would have told you when you started with Bitcoins?
Buy a few coins and put them into cold storage. Come back in a few years. |
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botany
Legendary
Offline
Activity: 1582
Merit: 1064
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August 02, 2014, 11:02:06 AM |
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Guess I should explore bitcoins fully before thinking of altcoins,
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lynn_402
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August 02, 2014, 01:24:56 PM |
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Guess I should explore bitcoins fully before thinking of altcoins,
Altcoins can be a good way to learn about cryptocurrencies actually, since transactions costs almost nothing for many of them, and they are faster. |
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BunsenBurner
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August 02, 2014, 03:57:26 PM |
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I am new to Bitcoin's and looking to get into them. What is the main advice you wish someone would have told you when you started with Bitcoins?
Don't trust any one or any site to hold your bitcoin (okay, maybe there are a few exceptions like those highly trusted escrows) |
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dandouna
Newbie
Offline
Activity: 31
Merit: 0
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August 03, 2014, 02:40:08 PM |
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Hello everybody ,
We must to take time to understand bitcoin.
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Mobius
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August 03, 2014, 04:02:59 PM |
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I am new to Bitcoin's and looking to get into them. What is the main advice you wish someone would have told you when you started with Bitcoins?
Don't trust any one or any site to hold your bitcoin (okay, maybe there are a few exceptions like those highly trusted escrows) You can sometimes trust others to hold your bitcoin for you if you can reasonably determine that they are trusted, however you should only allow them to hold your bitcoin for short periods of time. Just because someone is trusted today does not mean they should or would be trusted tomorrow. |
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techgeek
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August 03, 2014, 06:07:17 PM |
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Understand you already missed 2009`s btc purchase - which most have so dont stress on that too much.
Focus on short term by making money for cash then buying bitcoin when its at a low point.
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polynesia
Legendary
Offline
Activity: 1358
Merit: 1000
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August 04, 2014, 01:36:42 AM |
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You can sometimes trust others to hold your bitcoin for you if you can reasonably determine that they are trusted, however you should only allow them to hold your bitcoin for short periods of time. Just because someone is trusted today does not mean they should or would be trusted tomorrow.
On the issue of trust, make sure you go through this thread. https://bitcointalk.org/index.php?topic=33835.0 |
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silvestar
Legendary
Offline
Activity: 1134
Merit: 1002
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August 04, 2014, 05:43:29 PM |
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I am new to Bitcoin's and looking to get into them. What is the main advice you wish someone would have told you when you started with Bitcoins?
Don't trust any one or any site to hold your bitcoin (okay, maybe there are a few exceptions like those highly trusted escrows) You can sometimes trust others to hold your bitcoin for you if you can reasonably determine that they are trusted, however you should only allow them to hold your bitcoin for short periods of time. Just because someone is trusted today does not mean they should or would be trusted tomorrow. Well said. Also, the escrows may not have prepared a "dead man's switch" and your bitcoin could be lost if something bad happens to the escrows. |
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nwfella
Legendary
Offline
Activity: 1596
Merit: 1000
Well hello there!
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August 04, 2014, 06:59:54 PM |
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Welcome aboard. Your in for one helluva ride I can promise you that!  Avoid investing in scams. And the best way to do that is to simply buy and hold. Cold storage or an uber-secure laptop that you don't do anything but bitcoin on. Make backups of everything, private key's, pass-phrases, etc. *Treat your coins as you would treat your own hard earned cash and don't give it to anybody you don't know just because he has "the next big thing" and because everybody else seem's to be doing it. |
¯¯̿̿¯̿̿'̿̿̿̿̿̿̿'̿̿'̿̿̿̿̿'̿̿̿)͇̿̿)̿̿̿̿ '̿̿̿̿̿̿\̵͇̿̿\=(•̪̀●́)=o/̵͇̿̿/'̿̿ ̿ ̿̿
Gimme the crypto!!
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littlewizard
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August 04, 2014, 09:39:26 PM |
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1. Be careful about online safety, back up your wallet and private key.
2. Never invest more than you can afford.
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nagabeler
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August 06, 2014, 07:00:34 AM |
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Welcome You are in the jungle, full of beast and cannibal , but there are also good bros here
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elliwilli
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August 06, 2014, 11:36:20 AM |
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if it looks too good to be true, it is
If its on the TOR network don't trust it
Store your wallet and back it up
Don't trust files from the internet and scan anything dodgy looking against virustotal
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ranochigo
Legendary
Offline
Activity: 2982
Merit: 4193
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August 06, 2014, 12:10:18 PM |
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if it looks too good to be true, it is
If its on the TOR network don't trust it
Store your wallet and back it up
Don't trust files from the internet and scan anything dodgy looking against virustotal
TOR network only promotes anonymity, not viruses. People looking for anonymity are usually bitcoin users. Some websites host their webpage on TOR nodes so both the user and the website cannot be tracked. The internet also cannot be intercepted, promoting anonymity. Virustotal isn't always accurate. There are custom viruses that can bypass anti virus detections. |
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lynn_402
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August 06, 2014, 03:21:49 PM |
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if it looks too good to be true, it is
If its on the TOR network don't trust it
Store your wallet and back it up
Don't trust files from the internet and scan anything dodgy looking against virustotal
Especially don't trust any file related to cryptocurrencies. So many fake trade bots have been posted online, which actually steal the user's wallets. |
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