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Topic: 100% Newbie (Read 2833 times)

hero member
Activity: 588
Merit: 500
December 10, 2015, 06:13:46 PM
#44
I have to ask, if someone gave you a BTC for your birthday, they must know something about it in order to make the purchase and transfer it to you as a present.  You need to do some research on here and see what is working for others.
legendary
Activity: 3248
Merit: 1072
December 10, 2015, 02:43:16 AM
#43
You can check what is the most profitable to mine in here:
http://www.coinwarz.com/

I would suggest if new staying with BTC.  It is easiest to mine arguably and is pretty user friendly depending on miner.  But some are very easy to use.

Also coinwarz is good for current BTC, but future it is not as no difficulty.   Use one such as: https://bitcoinwisdom.com/bitcoin/calculator to get difficulty and better for long term calculating on btc mining.

ethereum right now look very mineable akin to btc, so one can mine tha instead of bitcoin, the profit is around 0 $30 per month with a 970, if i've done my math correctly
legendary
Activity: 1456
Merit: 1000
December 09, 2015, 06:29:45 PM
#42
You can check what is the most profitable to mine in here:
http://www.coinwarz.com/

I would suggest if new staying with BTC.  It is easiest to mine arguably and is pretty user friendly depending on miner.  But some are very easy to use.

Also coinwarz is good for current BTC, but future it is not as no difficulty.   Use one such as: https://bitcoinwisdom.com/bitcoin/calculator to get difficulty and better for long term calculating on btc mining.
legendary
Activity: 1596
Merit: 1027
December 09, 2015, 03:19:51 PM
#41
You can check what is the most profitable to mine in here:
http://www.coinwarz.com/
hero member
Activity: 672
Merit: 508
LOTEO
December 09, 2015, 02:15:53 AM
#40
Hi guys

I received my first bitcoin as a birthday present in October this year. But now I need to know how mining works and how I can earn more bitcoins so I can start trading? Anyone out there that can give me a quick training session to get started? I will greatly appreciate any assistance!

Thank you and have an awesome day  Smiley



 Mining is only one of the ways to earn bitcoin. To earn bitcoins with mining you need a big investment capital. You can earn bitcoins in many other ways, there is a big market out there. On this forum and other sites you can earn many BTC.  This post will show you https://bitcointalksearch.org/topic/best-way-to-earn-bitcoins-1006151
legendary
Activity: 1456
Merit: 1000
December 08, 2015, 07:43:48 PM
#39
A friend said I should sign up here? why?
Because you can get a lot of knowledge about bitcoin here. Tongue

And you can earn money in this forum with a signature campaign.

Cool. thanks. I'll check it out!

I would highly recommend using it for knowledge.  There is a lot of it here depending on what you enjoy doing.  From mining to trading there is just a big volume of posts that are helpfull.

I would recommend staying away from signature campaigns till later down the road.  Use time now as learning which it should be as new person.  Pay goes up at full member so you can wait till then and not miss out on a ton of pay.
legendary
Activity: 2296
Merit: 1014
December 08, 2015, 07:03:33 PM
#38
Hi guys

I received my first bitcoin as a birthday present in October this year. But now I need to know how mining works and how I can earn more bitcoins so I can start trading? Anyone out there that can give me a quick training session to get started? I will greatly appreciate any assistance!

Thank you and have an awesome day  Smiley


My common recommendation is to watch bitcoin documentaries on youtube for example rise and rise of bitcoin.
You will understand quickly that mining phase for single person is long over Smiley
newbie
Activity: 5
Merit: 0
December 08, 2015, 06:54:11 PM
#37
A friend said I should sign up here? why?
Because you can get a lot of knowledge about bitcoin here. Tongue

And you can earn money in this forum with a signature campaign.

Cool. thanks. I'll check it out!
legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
November 08, 2015, 05:45:05 AM
#36
It depends on your electrical costs. If it's low, you have a higher chance of profiting.

Trading isn't that simple. If it is, why isn't everyone rich by now? The problem with this strategy is that you don't know where is the lowest it can go and the highest it can go and therefore very risky.

But you can't do arbitrage on mining thing, which is a best alternative that trading allows...
There are many people selling at cheaper rates and if you have some good deals with PayPal, I guess one can easily make 5% on their portfolio per day, so imagine making 5% of 1 BTC, I guess for newbies, it is enough to survive with minimal efforts...
Arbitrage on trading isn't the best strategy one can use. If not, everyone would be rich. The problem with this is that you have to get a few verified accounts on exchange. Withdrawals fees and delays are main factors which affect the profitability.
legendary
Activity: 1246
Merit: 1000
!!! RiSe aBovE ThE StoRm !!!
November 08, 2015, 05:20:55 AM
#35
It depends on your electrical costs. If it's low, you have a higher chance of profiting.

Trading isn't that simple. If it is, why isn't everyone rich by now? The problem with this strategy is that you don't know where is the lowest it can go and the highest it can go and therefore very risky.

But you can't do arbitrage on mining thing, which is a best alternative that trading allows...
There are many people selling at cheaper rates and if you have some good deals with PayPal, I guess one can easily make 5% on their portfolio per day, so imagine making 5% of 1 BTC, I guess for newbies, it is enough to survive with minimal efforts...
legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
November 07, 2015, 11:16:34 PM
#34
That's a pretty great birthday gift, however I wouldn't suggest mining apprantely people have been saying that the electricity costs more than what you earn.

You can start trading right now it's pretty simple buy low and sell high. Just don't invest too much in the beginning in case u do strike out
It depends on your electrical costs. If it's low, you have a higher chance of profiting.

Trading isn't that simple. If it is, why isn't everyone rich by now? The problem with this strategy is that you don't know where is the lowest it can go and the highest it can go and therefore very risky.
sr. member
Activity: 364
Merit: 250
November 07, 2015, 08:41:31 PM
#33
That's a pretty great birthday gift, however I wouldn't suggest mining apprantely people have been saying that the electricity costs more than what you earn.

You can start trading right now it's pretty simple buy low and sell high. Just don't invest too much in the beginning in case u do strike out
legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
November 07, 2015, 04:59:11 AM
#32
A friend said I should sign up here? why?

because this is the biggest forum tot alk about bitcoin, and you can earn while talking, it's a win win situation

before you can do this, you need to work on your rank, and earn more awareness other than bitcoin

I really hate the waiting time for each post. They should validate  each account with a cellphone or facebook this way it is much harder for spammers and we can post, learn and even enjoy itt
It isn't hard for spammers to get them in bulk and it would sacrifice the anonymity of the users. Most forum do not require such things. You would see much more spammers if theymos decides to do that.


I don't see cellphone validation or account validation.  The system they have now works fine, it just takes you  when new to have a posting period.  Which will go away.

People seem to value their privacy just look at  the thread on making BTC anonymous.   A lot would not want to give info.  Myself I don't do anything wrong so I'm not worried.

But adding validation seems like a pain for staff that are already busy.   I would just wait it out like we all did. And biggest thing get use to copying posts before posting... that was my worst thing is if I wrote a post and was before time limit was gone.
I do agree with what you say. But posting limit is the best to counter spammers as the limit gradually lowers. It can be annoying at first but it would be hardly noticeable once you go to Jr member rank. It should just take the time that you need to construct a good post. Not more than anonymity. Most websites do not have great security, bitcointalk was once compromised by a SE attack which could potentially have leaked out more information than password and emails if this validation was added.
legendary
Activity: 1456
Merit: 1000
November 07, 2015, 04:38:38 AM
#31
A friend said I should sign up here? why?

because this is the biggest forum tot alk about bitcoin, and you can earn while talking, it's a win win situation

before you can do this, you need to work on your rank, and earn more awareness other than bitcoin

I really hate the waiting time for each post. They should validate  each account with a cellphone or facebook this way it is much harder for spammers and we can post, learn and even enjoy itt
It isn't hard for spammers to get them in bulk and it would sacrifice the anonymity of the users. Most forum do not require such things. You would see much more spammers if theymos decides to do that.


I don't see cellphone validation or account validation.  The system they have now works fine, it just takes you  when new to have a posting period.  Which will go away.

People seem to value their privacy just look at  the thread on making BTC anonymous.   A lot would not want to give info.  Myself I don't do anything wrong so I'm not worried.

But adding validation seems like a pain for staff that are already busy.   I would just wait it out like we all did. And biggest thing get use to copying posts before posting... that was my worst thing is if I wrote a post and was before time limit was gone.
legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
November 07, 2015, 03:26:31 AM
#30
A friend said I should sign up here? why?

because this is the biggest forum tot alk about bitcoin, and you can earn while talking, it's a win win situation

before you can do this, you need to work on your rank, and earn more awareness other than bitcoin

I really hate the waiting time for each post. They should validate  each account with a cellphone or facebook this way it is much harder for spammers and we can post, learn and even enjoy itt
It isn't hard for spammers to get them in bulk and it would sacrifice the anonymity of the users. Most forum do not require such things. You would see much more spammers if theymos decides to do that.

legendary
Activity: 3248
Merit: 1072
November 07, 2015, 03:14:29 AM
#29
A friend said I should sign up here? why?

because this is the biggest forum tot alk about bitcoin, and you can earn while talking, it's a win win situation

before you can do this, you need to work on your rank, and earn more awareness other than bitcoin

I really hate the waiting time for each post. They should validate  each account with a cellphone or facebook this way it is much harder for spammers and we can post, learn and even enjoy itt

they can't do this is against their tos, and privacy i believe, you can buy an account if you want to avoid this, even a junior can do it already
legendary
Activity: 1904
Merit: 1074
November 07, 2015, 02:25:04 AM
#28
Do you have any knowledge about trading? It could be a risky venture if you not familiar with the concept. I would suggest you read this newbie guide for 1Broker and ask questions

before you dive into the deep end. ---> http://www.bitbiz.io/threads/newbie-guide-to-trading-on-1broker.810/

Start very small, and work your way up... The Bitcoin and Crypto currency markets can be brutal, if you not well prepared. Enjoy.  Wink
sr. member
Activity: 434
Merit: 250
Loose lips sink sigs!
November 07, 2015, 12:03:11 AM
#27
A friend said I should sign up here? why?

because this is the biggest forum tot alk about bitcoin, and you can earn while talking, it's a win win situation

before you can do this, you need to work on your rank, and earn more awareness other than bitcoin

I really hate the waiting time for each post. They should validate  each account with a cellphone or facebook this way it is much harder for spammers and we can post, learn and even enjoy itt

It only takes a few weeks to rank up to a level where you don't have a time constraint on your posting. Since you've been registered since August you should be at that level. If you post a bit more you'd see your activity rise quickly and that time constraint would go away.

With that said, it seems like you don't post much anyway - so is the time between posts really an issue for you?
hero member
Activity: 714
Merit: 500
November 06, 2015, 06:05:04 PM
#26
A friend said I should sign up here? why?

because this is the biggest forum tot alk about bitcoin, and you can earn while talking, it's a win win situation

before you can do this, you need to work on your rank, and earn more awareness other than bitcoin

I really hate the waiting time for each post. They should validate  each account with a cellphone or facebook this way it is much harder for spammers and we can post, learn and even enjoy itt
legendary
Activity: 3248
Merit: 1072
November 06, 2015, 02:27:10 AM
#25
A friend said I should sign up here? why?

because this is the biggest forum to talk about bitcoin, and you can earn while talking, it's a win win situation

before you can do this, you need to work on your rank, and earn more awareness other than bitcoin
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