Topic: Beginner, lots of questions (Read 250 times)

Website that I am signin for is called cex.io - should I go to that coinbase is it only legit one? I don't want to be played with my money.

Are there any websites which allows me to find work for bitcoin like real work? Or I can only find work via this forum if that is it how do I know they will pay me?

So I should be safe if I have bitcoin then if government won't track me down that's a big brief.


Well I don't believe that my investment will count as big one hopefully. What hardware wallet you suggest guys then?

As I said I can't find great opportunity I never traded like never in my life before.

Thanks for kind words and answers, really like like that

Any information about mining?

When will it end the prices' ups and downs its hard to know i think, it depends on the market.


In my opinion i wouldn't put my savings, at least no all of them, because of the volatility of the price. Something i would do, if interested is trading various currencies taking advantage of the volatility, not buy a bunch of coins and wait forever for the price going up.

Earning Bitcoin its like earning other currency, you have to work for it. Here in the forum you can offer your skills and get payments in BTC or any altcoin you prefer.


Here in the forum you can learn a lot about the crypto world. I recommend you to keep browsing the forum leaning a little bit avery day, getting involve in discussions to rank up your account so you'll be ablle to -if you want- participate in a signature campaign to get some profits.

When you say you signed in to “some website” and gave them some credentials, what site are you referring to? Just be careful who you give that info to. If it’s Coinbase, that’s probably fine.

As far as your question about when the bubble will pop, no one knows. Everyone will give a different answer to a prediction. We may not even be in the bubble yet. The price could go up to $25,000 and then crash to $15,000.

You will just have to do your research to find out where you think the best buying opportunity is. One piece of good advice I heard recently was don’t worry about the price right now and just buy a little every week so you dollar cost average. This way you are buying low and high and the average will hopefully be low enough to make some good profit.

A lot of people will tell you here that it is not a bubble and I will agree with them. Because it has limited supply (16mil now and max 21mil in a future) But bitcoin has a big volatility.
But you should learn at first technology and idea behind and only after that discuss a price. Price of bitcoin is only a result of technology that stays behind it.
And you will need a bit time to learn
Good luck with that!

I hope it's one reputed website, because you have to watch around closely, there are scam sites too.
Take care.


It's being used more and more. It's a currency (and an asset). It's not the best coin for illegal stuff since it's only pseudo-anonymous (don't worry for now about that).
We don't focus on illegal things and we don't want to get into prison neither. And I don't know how to launder money
Of course, in every ecosystem there are also bad people, there are scams and illegalities, so there are here too (and for some time those were most of the news on Bitcoin).


The speed on making 100 Bitcoin depends on how much somebody has invested in Bitcoin ASIC miners - some special devices for mining, quite expensive a piece.
I don't own Bitcoin mining hardware, I don't mine.


On Bitcoin network you have (simplified) one address and one key for that address. The address is public. Anyone can see how much Bitcoin is there. Some may check this and that and understand that it's your address (but usually that will happen only if you tell publicly that info). But that's not a problem, since only you have the key and that means that only you can move away (spend) that Bitcoin.
So no, I don't move my Bitcoin away to escape people seeing it. However, wherever I move them, people will see (unless I use mixers).


Work. Bitcoin is money. Like Dollar. In quite similar way you go to work, earn money and can buy USD or EUR of that, you can buy Bitcoin too.
Or you can earn (sub units of) Bitcoin directly for goods and services.


You know, there is US Dollar, Canadian Dollar, Hong Kong Dollar and so on. The real dollar is the US dollar.
Many things can have "bitcoin" in their name, but only one is the real Bitcoin.
I won't tell if you should buy this or that. It's up to you. In the same way you can invest in same time in USD and HKD, in the same way you can invest into BTC and BCH, if you think it worth it.


The safest use to be a wallet on your computer/laptop. And (especially if you talk about big investment) you'll need hardware wallet.
In the case of most web sites you don't own that money. They do. You own an account. If the website goes down, if it goes out of business, your money is gone.
BUT: if you keep local wallet, you'll need to be careful because there are viruses / malware targeting Bitcoin; you'll need that computer SAFE.


See the USD/CAD/HKD example. Add EUR and other currencies to the list. You can invest in one when it's low, wait until it's high, sell for another one and so on.
It's the same with crypto-currencies - BTC, BCH, BTG, Ethereum, Monero, Dash, Waves, Ripple,  and some 1000 more

Hello,

I was watching about this on television so I wanted to say hi. There are a lot of questions.

Many that I know of say that this is in the bubble do you know when it will end so I can enter naw , sell before price crash to max my gains to earn a lot from it? I see price is 10k with good predictions around 100k next year I want to get in why not.

I signed in to some website they asked me about my credentials, ID , phone number etc. I gave them now waiting to be approved which enables me to buy it. I am planning to put all my savings in this one it looks to good to be true so I am not sure but stats shows that I am wrong - I am not an investor but when i hear good news I don't want to miss this big opportunity.
Started to read around a lot even bought some investing courses online, now listening to these.

Questions about it more: For what is this used is there a dark market and that's why it is high? Will my country try to track me down - I don't like being in prisons, never been in one. How do you guys louder money? Boys do you mine bitcoin, how fast can I get like 100 or more of them from mining?

Some say that all balances and wallets, whatever it may be, are open and can be accessed by somebody else and I am unable to reclaim my bitcoins if i have in future - how do you cope with this? Do you move frequently to escape others taking?

What do you do to fast earn bitcoin? I see that there are a lot other bitcoin versions should i buy those or only bitcoin?  What your recommendationss what software to use, or website to login? i read that blockchain.info is the best place and requires little knowledge - my bitcoins safe with them? Or i will need other provider? Will they take my balance?

What is the difference bitcoin + bitcoin cash + bitcoin gold + BitcoinDark can I buy bitcoin gold and sell it for much much more for bitcoin price? Do you do this?