Topic: best way to start (Read 618 times)

Zanab247, GideonGono, Vinaa77, and others - just wanted to point out this was originally posted way back in December.  The person asking these questions hasn't logged on here for months.  Probably no need to keep the conversation going just between ourselves on an outdated post that the original poster probably won't even see at this point.

Might be better to focus our energy on more current discussions!

First, you made a mistake by allowing someone to create a bitcoin wallet for you from the first time. Do you think these people are going to know your private key? People are not trusted again, mate. However, age does not matter here. Just share your knowledge and ask for what you don't understand. People will help you out.

Just be patient and study everything again. There is a lot to know about bitcoin and other cryptocurrencies, so just keep reading and learning. If there is anything you don't understand, the community will help you.

Since you are a 2018 old user, chances are that you are a bit experienced with Bitcoin. Currently if you visit help and beginner thread you can know about all functionality. Nowadays the more you support and donate yourself to the forum the more knowledge you can gain from this forum. One of the places to gain knowledge is bitcoin forum, because this forum is known as a classroom for people from almost all countries of the world. So everything is discussed here so the more time you spend here the more knowledge you can gain and you can teach someone else.

Indeed, it would be very good if we studied crypto first well and after we understand well how to make a profit from crypto then we will be able to invest or trade depending on the abilities we have, and if we are just starting out of course It would be better for us to invest because this is less risky than trading.
Yes, you are right, don't let us decide to enter crypto by just listening to the success stories of people who have benefited from crypto but we don't understand it well and of course those who have achieved success from crypto have of course experienced difficult times in learning to they have been able to get results from what they have done.

Welcome to the cryptocurrency industry, brother. You're in the right place and probably at the right time too. There are alot of information about Bitcoin and other altcoins right here on the forum, and all are available to you. I'd say you get reading, learning, and taking action, cause I want to assume you're here for the same reason most of us are... And that's gaining financial stability. The journey would be nice and smooth with the right information, trust me.

Once again.. welcome

Best way to start in crypto currency is by Learning it after that you could start earning.
I am not saying that it is easy, there are so many things to learn or consider if you really want to earn in crypto.
Don't just jump in due to FOMO, big news about crypto or successful stories that you heard or read somewhere in the internet, those stories sometimes exclude the part on how they really achieve that story.

You mean how to start BTC investment right, if you want to go into BTC investment, ensure you save some money in your bank account where you can use to buy BTC when the bear market enter the market and hodl through out the bear run before you will have hope to win when the bull run occur in the market.

 Since you have BTC wallet, I will advise you to start storing your BTC in your wallet and ensure you write down the seeds phrase to where nobody will have access because the day anybody have access to your wallet, they will surely have access to your money.

First, there is no ham or anything wrong. If someone should help you create a Wallet the question is that can the person be trusted? The answer is no when it comes to private stuff  like your bitcoin wallet, nobody should ever know about your wallet backup phrase or any of your wallet information that can enable the party assess your wallet without your notice. yes he helped you in creating your wallet.

That is good You have seen the processes the step you took on how to create the wallet and the things he told you to keep the store the information do it, depending the wallet you created, but the most preferable wallet is the decentralized Wallet which you have your back up phrase written down, so you can decide to even delete your wallet from your phone or any of the device you’re using to access your wallet, but the most important thing you have to take notes and precautions of your f
Phrase how it is arranged properly.
This is because if you really don’t take a lot of them like the first world, second world, third world, etc, you may mess everything up even when you know your complete phrase because you can’t access your wallet anymore until you know how it is arranged properly.

In conclusion, all you have to do is get a new wallet don’t trust anyone that knows your wallet. Yes he he has helped you go ahead and create a new wallet that is all.

The thread was created by December 7, 2023 and by that you have learn and gotten enough answers and knowledge form the thread. And let me also sip small things to the contribution to the thread. And first of all, you are welcome. Now in this world as you put it, there are two things you have to do. And one, you are here to learn because probably you don't have the knowledge in this world as you stated clearly in the Op and two you are to contribute to knowledge from what you have learned from others.

You are to learn and to educate others. That is how you can help others. And if your contributions are good to others then you grow up to the level you want and to grow is the reason of this thread I believed so. Then do well and grow.

In this world, there are scammers and criminals who will not show mercy to you when you let your guard down. You have to be careful and conscious about your security in this world, because there are no friends and family that you can trust when it comes to keeping your bitcoins safe.

In this world also you also have to learn not to follow everything and recommendation you get, you need to know how to do your own research and verify the information you are given.

OP, it has been a long time that you opened this account, going by your profile, I must welcome here because is not an easy stuff to be here since you opened this account I don't know what might be holding you, but I feel that it would have been wise if you have started this journey earlier before now but I know that there is know late coming in this business and the time you pick interest is the time for you, I will advice that you should open a new wallet, if you don't know how to open it, ask people or go through some YouTube videos may be you will learn their, I said than because your wallet key might be visible or known to the person that opened it for you unknowingly to you, after opening a new wallet learn more about btc and invest what you can afford to let go continuously as you can.

I always advice people that got their Bitcoin wallet opened through the help of someone to always go back and create a new wallet just as they are been teached , never ever store bitcoin on wallet that someone help you created because they might be waiting for you to have enough bitcoin and they will steal it all, this was something that happened to my cousin, he choose to follow friends to teach him and they rugged his Bitcoin in the end and today he is no more into Bitcoin because he believe that Bitcoin is a scam.

Even after telling him where thing went wrong he choose to avoid bitcoin, I advice you to take things slow with crypto and Bitcoin, turn this into going to school and learning for a while, it will pay off eventually, this is the only way you can find your own way with Bitcoin.

This forum can be of great help for someone like you, if you can't find answers to some things you can just ask on here and you will be answered, by the way you are welcome to this forum, just keep learning and you will be fine.
 

I love the fact that you're already thinking of thinking other people, but I guess there's a perfect time for that, and with how you created your thread, I guess you need to help yourself first before helping other people.

As to where you start, this forum is one. Youtube is another one that can help you. There are so many platforms online that will help you in terms of knowledge. For now, don't think of helping others and instead, help your first. Start at the basics of cryptocurrency. Start at the basics of Bitcoin. Over time, you will learn more and more as you watch and read online. We started here as a newbie. I started as a newbie as well, and the internet helped me learn more, and more about cryptocurrency.

I hope you will continue learning so that the time will come when you will be helping other people on how to open Bitcoin wallet. I just hope that the people who helped you open a Bitcoin wallet will not get the Bitcoins that you will store there because for sure they might know the private keys on it.

I think it's fine if you have a close family member or close relative to help you open a bitcoin wallet. But you should look for sources like official Bitcoin websites, educational platforms and financial news websites to gather information and stay updated about the latest developments in the Bitcoin world. Use online forums to find answers to specific questions or concerns you may have about Bitcoin, such as its security, value, or how to buy and trade it. Consider using online courses, webinars, and tutorials to deepen your knowledge and understanding of Bitcoin and its related technologies. All in all, you can gain a broad understanding of Bitcoin and its potential as an investment.

It is assume that this wallet belongs to two persons and the people I think can share the same wallets are couple that marriage has brought them to become one, and this can only take place based on agreement from the person. If it is something that has nothing to do with marriage I think it is not right for people to think of sharing wallet or someone helping a someone else to create a wall. Wallet is person and it is very important people should learn to keep its information private.

Wait what does this person know your private key too? lol for me everything can be learn on youtube everything you wanna learn from scratch to advance, don't just focus on bitcoin because for me its already high and if you had a money to invest with why not. This forum can help you too just extent your imagination think outside the box and don't for your all money in 1 basket and are always good to go , i swear i just started on watching youtube everything now you seen on the internet.

i guess you should have gained w right knowledge regarding the way the forum hid by now but I just want to add that you try and visit your local board more often since it appears as though English isn't your native language and ensure you identify with them so that they will give you the needed guidance and so you can also follow up with the trends and happening in the field of Bitcoin in your country.

First don't trust any one else about created wallet and secure by your self with all data seed phrase, I know you faced difficult with creating bitcoin wallet but if your age not limited for getting ID card and can't verify exchange account you must help your parent and use their ID to verify exchange account.
I think easy for creating bitcoin wallet address right now and you can see many kinds guide on Youtube channel and check them step by step regarding not secure when asking the other exactly know with your seed phrase data.
Not bad ideas use your other wallet for recovery if your trusted person have bad planning in the future, we can't predict some one in the future keep trust or not exactly you know him as online or offline.

I see you created an account on the forum in 2018. After creating account posted something here then worked on some campaign for working in bounty section. Since then you have been inactive from the forum for a long time. I think you have enough knowledge here. But anyway I won't say anything about that but if you really don't know anything you can post help and beginner section hope you will get good response from there. But if you have the process to go ahead, you can definitely go ahead and learn about cryptocurrencies, about Bitcoin, about the world.

i don't know what your reason is for opening a bitcoin wallet in 2023, where you have participated in the bounty since 2018. but nevermind, it's never too late to start investing in bitcoin.

as a suggestion, the first thing you have to do is secure your wallet. since the wallet was created by someone else, there is a possibility that your private key will be leaked, so it's a good idea to make sure that your wallet is safe. or better, you can create a new wallet and it's not difficult.

then you can continue to find out various things about bitcoin, such as how to invest in bitcoin, what is sats, etc. it shouldn't be difficult, seeing that there are many sources available on google that you can use or you can learn from this forum which is more recommended.