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Topic: Can we have a newbie Bitcoin wallet? (Read 482 times)

hero member
Activity: 1666
Merit: 709
August 20, 2023, 02:36:54 PM
#49
There is nothing like newbie bank right so why should there be newbie Bitcoin wallet. Before you join or take up wallet you should have done your research on how to run it up, there are always guides from the wallet that would help you navigate the wallet it self and everything is not complicated. I see no reason for a newbie account.
sr. member
Activity: 938
Merit: 334
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August 20, 2023, 12:15:00 PM
#48
There is no particular Bitcoin wallet made for newbies only, every Bitcoin wallets are very easier to use but the problem is some are safe to use and some aren't, the difference is some are centralized wallet, they are custodial and the probably don't have private keys, you are going to log into the wallet using your email and password like when you trying to log into Twitter or your Gmail account, some give private keys but they have access to your fund..

The best wallets are blue wallet and Electrum wallet, download on your PC or mobile phone and keep the private keys to yourself only, do not share with any living soul, there is nothing hard about Bitcoin wallet, you can make transactions of them but verify the address you are sending the Bitcoin to because once you sent it out to another address there is no way to recover that Bitcoin.

Stay away from new crypto wallet that came out recently, they might be good but there is no way to proof them because no one or very less people are using such wallets, try staying with popular Bitcoin wallets that people are using, this is why I recommend blue wallet and Electrum wallet.
member
Activity: 253
Merit: 93
Humble Bitcoin Stacktivist
August 20, 2023, 07:18:47 AM
#47
I know exactly what you are talking about and I agree that it can be daunting for new users to understand everything about a wallet but it's not that difficult once you get the hang of things.

I send all new users to use Blue Wallet because it has the best interface for an on-chain wallet with different accounts and ease-of-use. If someone needs a lightning wallet that is also incredibly convenient and with a clean interface, I refer them to Phoenix and sometimes Muun but they both have their own learning curves. New users need time to learn how to send and receive on lightning before they try to open their own channels and deal with Phoenix's fees, etc. Once they get familiar with how sending and receiving works, then I try to onboard them onto Sparrow Wallet for maximum control over their transactions and a whole number of good rabbit holes to learn from.

Hope this helps.
hero member
Activity: 2282
Merit: 795
August 19, 2023, 11:36:49 AM
#46
Is there any wallet for newbies? If there's none, I think we should have a wallet for newbies. As a newbie who wants to learn and more about crypto, I've learnt that owning a wallet is very essential in managing one's crypto assets hence the necessity for anyone who wants to get involved in Bitcoin must have crypto wallet.

I think there are tons of guides in the internet that provide all the services and questions that you may need. In addition, you can also use a wallet and search for its corresponding YouTube videos for tutorials, etc. to fully grasp its entirety.

The internet is your friend- all of the information about a certain thing is one Google search away. Even if people were to create a newbie wallet, such use would be obsolete given that once you use a certain thing for a long time, you will become accustomed and knowledgeable on it.

That is why, I do recommend that you utilize the search bar in the forum if you have any questions about a certain wallet; search using Google; or create/open a thread for a discussion should you have questions about its use.
sr. member
Activity: 1008
Merit: 262
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August 17, 2023, 11:15:44 AM
#45
Is there any wallet for newbies? If there's none, I think we should have a wallet for newbies. As a newbie who wants to learn and more about crypto, I've learnt that owning a wallet is very essential in managing one's crypto assets hence the necessity for anyone who wants to get involved in Bitcoin must have crypto wallet.
I don't think there is anything like newbies wallet but I know many of these non-custodial wallets always have a demo on how to use it. Anyone that is confused about how to use a wallet effectively can kindly search for videos online on how to use the Wallet safely if such a Wallet is a popular one people had been using. Any person that is confused too and can write to the team on complaints so that issue can  be resolved by the team. There are multiple wallets newbies can use on the internet that are very easy to use without any difficulty at all.
legendary
Activity: 2184
Merit: 1302
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August 17, 2023, 08:34:10 AM
#44
When you talk about Newbie wallet, I guess what you meant is an easy to use, and user-friendly wallet, right? Because "Trust wallet" is the best option for that, due to it's simple, easy to use interface and it's option to add a new token or coin while selecting the right blockcain while running an airdrop & bounty hunt, making it the most popular among newbies.
Mind you that trust wallet is a closed source wallet, and it is not advisable to use closed source wallets (look at what happened to Atomic wallet), i don't use trust wallet, so i don't know if it is user-friendly like you say, but that's not still enough reason why one should choose "simple and easy to use" over their security. Electrum and other open source wallets i have used are also very user friendly and so easy to use, coupled with better security.
hero member
Activity: 2338
Merit: 757
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August 17, 2023, 06:50:36 AM
#43
Is there any wallet for newbies? If there's none, I think we should have a wallet for newbies. As a newbie who wants to learn and more about crypto, I've learnt that owning a wallet is very essential in managing one's crypto assets hence the necessity for anyone who wants to get involved in Bitcoin must have crypto wallet.
I do not think that it would be feasible to create a wallet for beginners, given that they are beginners, and mistakes cannot be avoided unless you mean creating a smart wallet that can detect user errors, which does not seem logical if the user himself does not have sufficient knowledge of the basics of the blockchain.
On the other hand, there is a much better solution, which is to use the Bitcoin test network. It is a parallel network that operates with the same settings as the Bitcoin blockchain and was created for practice and learning purposes before passing to the main network. On this network there is a testnet bitcoin that has no market value and can be obtained for free from one of the available faucets or by requesting it from anyone who owns it.
Wallet is wallet It will not be anything else for beginners. So it is foolish for beginners to think of a separate wallet. But I have noticed that most people who are new to cryptocurrency use Trust wallet. this is enough for beginners as they don't hold large amounts of crypto. but gradually everyone should move towards a good non-custodial wallet and start using hardware wallet if possible.
This reminds me of the time when (almost) everyone used the blockchain.com wallet thinking it was the official wallet for bitcoins. Almost most of us used this wallet before understanding the basics of the blockchain. Then blockchain.com took advantage of the wallet's popularity, along with its blockchain browser, to launch its own trading platform. This is what is happening today with beginners and the Binance platform, as those who do not use their account on Binance as a private wallet use the TrustWallet. Unfortunately, it is not possible to correct the ideas of beginners about the differences between the different wallets, if they do not have the will to search, understand and learn.
hero member
Activity: 1246
Merit: 699
August 16, 2023, 10:55:24 PM
#42
Wallet is wallet It will not be anything else for beginners. So it is foolish for beginners to think of a separate wallet. But I have noticed that most people who are new to cryptocurrency use Trust wallet. this is enough for beginners as they don't hold large amounts of crypto. but gradually everyone should move towards a good non-custodial wallet and start using hardware wallet if possible.
yes, I see some newbies I meet also use trust wallets. some even still don't have their own wallet and leave their assets on the exchange. even though they are not trading actively.
I was even surprised when I saw a friend who kept a sizable amount of Bitcoin in a trust wallet. and he doesn't know anything about hardware wallets. I suggested that he buy a hardware wallet but he ignored it. I can then only advise not to connect his wallet trust to the website carelessly. especially if they are active in the airdrop, there is a huge risk they will face if they carelessly connect their wallet.
sr. member
Activity: 1400
Merit: 420
August 16, 2023, 10:26:25 PM
#41
Is there any wallet for newbies? If there's none, I think we should have a wallet for newbies. As a newbie who wants to learn and more about crypto, I've learnt that owning a wallet is very essential in managing one's crypto assets hence the necessity for anyone who wants to get involved in Bitcoin must have crypto wallet.
I do not think that it would be feasible to create a wallet for beginners, given that they are beginners, and mistakes cannot be avoided unless you mean creating a smart wallet that can detect user errors, which does not seem logical if the user himself does not have sufficient knowledge of the basics of the blockchain.
On the other hand, there is a much better solution, which is to use the Bitcoin test network. It is a parallel network that operates with the same settings as the Bitcoin blockchain and was created for practice and learning purposes before passing to the main network. On this network there is a testnet bitcoin that has no market value and can be obtained for free from one of the available faucets or by requesting it from anyone who owns it.
Wallet is wallet It will not be anything else for beginners. So it is foolish for beginners to think of a separate wallet. But I have noticed that most people who are new to cryptocurrency use Trust wallet. this is enough for beginners as they don't hold large amounts of crypto. but gradually everyone should move towards a good non-custodial wallet and start using hardware wallet if possible.
Right you are The wallet never separates. Because the function of the wallet is to store the crypto and allow it to be managed as desired.  New Rau wallets are used to deposit crypto and old Rau wallets are used to deposit crypto for no other purpose.  But one thing here is safety, the more amount you hold, the more safety you need.  In that case it is necessary to use a separate wallet.so beginner or old bitcoin use can use same wallet as well
hero member
Activity: 1484
Merit: 608
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August 16, 2023, 10:19:32 PM
#40
Is there any wallet for newbies? If there's none, I think we should have a wallet for newbies. As a newbie who wants to learn and more about crypto, I've learnt that owning a wallet is very essential in managing one's crypto assets hence the necessity for anyone who wants to get involved in Bitcoin must have crypto wallet.
I do not think that it would be feasible to create a wallet for beginners, given that they are beginners, and mistakes cannot be avoided unless you mean creating a smart wallet that can detect user errors, which does not seem logical if the user himself does not have sufficient knowledge of the basics of the blockchain.
On the other hand, there is a much better solution, which is to use the Bitcoin test network. It is a parallel network that operates with the same settings as the Bitcoin blockchain and was created for practice and learning purposes before passing to the main network. On this network there is a testnet bitcoin that has no market value and can be obtained for free from one of the available faucets or by requesting it from anyone who owns it.
Wallet is wallet It will not be anything else for beginners. So it is foolish for beginners to think of a separate wallet. But I have noticed that most people who are new to cryptocurrency use Trust wallet. this is enough for beginners as they don't hold large amounts of crypto. but gradually everyone should move towards a good non-custodial wallet and start using hardware wallet if possible.
legendary
Activity: 1554
Merit: 1139
August 16, 2023, 06:38:20 PM
#39
Is there any wallet for newbies? If there's none, I think we should have a wallet for newbies. As a newbie who wants to learn and more about crypto, I've learnt that owning a wallet is very essential in managing one's crypto assets hence the necessity for anyone who wants to get involved in Bitcoin must have crypto wallet.

So I'm asking if there can be wallets for newbies that'll contain tutorial measures on how to use it and it'll also be user friendly to newbies thereby helping them to learn all the basics of Bitcoin wallet
I was wondering what could have warrant this and from your statement, it points to the fact that, you want a user friendly and tutorial incorporated wallet.
Well, that’s what you’ve got on the forum, you can’t expect wallets to come with some ads and tutorials in between although, I see that on mycelium but the thing is, you feel more in control having an uninterrupted or undisturbed wallet through ads and those floating icons than you would in a wallet that lays out everything right before you.

What you need for tutorial is what you’ve got in this forum and that aside, wallets are often user friendly with most circulating about,
Send, History and Receive. The later to it might come in the form of, setting up fees (sat/byte), bumping fees, choosing a network and so on.

It’s more easy to operate a wallet and one could easily gain in on that.
hero member
Activity: 2338
Merit: 757
Top-tier crypto casino and sportsbook
August 16, 2023, 06:00:37 PM
#38
Is there any wallet for newbies? If there's none, I think we should have a wallet for newbies. As a newbie who wants to learn and more about crypto, I've learnt that owning a wallet is very essential in managing one's crypto assets hence the necessity for anyone who wants to get involved in Bitcoin must have crypto wallet.
I do not think that it would be feasible to create a wallet for beginners, given that they are beginners, and mistakes cannot be avoided unless you mean creating a smart wallet that can detect user errors, which does not seem logical if the user himself does not have sufficient knowledge of the basics of the blockchain.
On the other hand, there is a much better solution, which is to use the Bitcoin test network. It is a parallel network that operates with the same settings as the Bitcoin blockchain and was created for practice and learning purposes before passing to the main network. On this network there is a testnet bitcoin that has no market value and can be obtained for free from one of the available faucets or by requesting it from anyone who owns it.
sr. member
Activity: 1876
Merit: 437
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August 16, 2023, 05:04:45 PM
#37
Is there any wallet for newbies? If there's none, I think we should have a wallet for newbies. As a newbie who wants to learn and more about crypto, I've learnt that owning a wallet is very essential in managing one's crypto assets hence the necessity for anyone who wants to get involved in Bitcoin must have crypto wallet.

So I'm asking if there can be wallets for newbies that'll contain tutorial measures on how to use it and it'll also be user friendly to newbies thereby helping them to learn all the basics of Bitcoin wallet so as they grow and improve their knowledge about wallets and Bitcoin in general, they can advance to pro versions of Bitcoin wallets. With this, to send, receive coins  and do other things like message signing will  be less complicated to newbies and will also make the use of Bitcoin wallet an easy task for all newbies
I mean that wouldn't be necessary I mean there was no special treatment for newbies having their own wallet, and there was no perfect cryptocurrency wallet, but if all you want if information about the cryptocurrency wallet your lucky because you are in this forum, everything you need is already here to on starting your cryptocurrency journey so if you want a Bitcoin wallet I would suggest Electrum Wallet but there are still a lot of walletss out there that you could try just make sure to do the research about it, In my opinion, it is the most suitable and safest wallet for newbies, it is also easy to install I didn't really experience any issues on years of using it, you could just follow this instruction to Safely download and verify your electrum [GUIDE] How to Safely Download and Verify Electrum [Guide].

I suggest continuing to learn more here in the forum, When i was just getting started choosing a wallet was actually difficult i mean it was just so complicated and everything was just new to me but if you're really interested in cryptocurrency and Bitcoin your gonna need to learn it and do it on your own.
hero member
Activity: 2268
Merit: 669
Bitcoin Casino Est. 2013
August 16, 2023, 01:23:47 PM
#36
Newbies can also have their own wallet. It's not about ranks that you can have a wallet which means that everyone can have their own wallet and it's your responsibility to keep it safe so that no one other than you can have access to it. One more thing is that you should be careful to fraudulent activities like a fake wallet provider where you think you are going to import a wallet but they will only be able to know your wallet credentials. You can create a wallet using Electrum and it is for free. Before creating a wallet, reading the thread provided by zaguru would help you understand the types of wallets you can use.
hero member
Activity: 1428
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August 16, 2023, 01:15:38 PM
#35
We usually use the terms "custodial" and "non-custodial" for comparing wallets and I don't think the terms "centralized" and "decentralized" are suitable for that.
A wallet is non-custodial, if it gives you access to private keys and it's custodial, if it doesn't give you access to private keys. If you mean the same thing by the terms "centralized" and "decentralized", take note that trustwallet gives you access to your keys and that's non-custodial.
Also, binance isn't a wallet. That's an exchange.
Totally agreed i was at fault as i said that in flow as i thought it might be somewhere easy for the OP to understand it but i think i should edit it to Custodial or non-custodial manner instead centralized or decentralized. I do know what custodial and non-custodial means but there are also terms for centralized and decentralized wallet and many people use them but still if members have issue and they think the usage of custodial and non custodial is better then i am all ok with it.
hero member
Activity: 1022
Merit: 744
August 16, 2023, 10:49:15 AM
#34
In contributing to that I also think there should be tutorials held here on bitcointalk forum to educate newbies on the basics of crypto and also how to exchange them . Speaking from experience since I'm also a newbie ,I still find it difficult to understand how to change my coins to money .
Mate, there is nothing hard to understand about Bitcoin wallets because all the Bitcoin wallets out there are user-friendly.

As so many of my forum colleagues have provided links to recommended wallets that can be used by us all, you can go through the comments and get yourself a suitable wallet to be using, and trust me, they are easy to understand for all, which is why there is no specification for either a newbie or an expert in Bitcoin.
sr. member
Activity: 1764
Merit: 260
August 16, 2023, 09:41:03 AM
#33
Is there any wallet for newbies? If there's none, I think we should have a wallet for newbies. As a newbie who wants to learn and more about crypto, I've learnt that owning a wallet is very essential in managing one's crypto assets hence the necessity for anyone who wants to get involved in Bitcoin must have crypto wallet.

While reading the original post (OP), I find myself drawing parallels to guides for preschoolers. You know, those kids who are learning their ABCs. Or taking it to a more advanced level, it's akin to programming books for babies.

I do believe that what you are suggesting is feasible, but it requires someone to take the initiative to start such a project. They should consider first whether it's worth the investment of time, money, and effort.

Above all, even if you're still a newbie, you can learn to use the wallets we have simply by reading the guides and articles that are currently available.
hero member
Activity: 1176
Merit: 785
August 16, 2023, 05:12:24 AM
#32
Is there any wallet for newbies? If there's none, I think we should have a wallet for newbies. As a newbie who wants to learn and more about crypto, I've learnt that owning a wallet is very essential in managing one's crypto assets hence the necessity for anyone who wants to get involved in Bitcoin must have crypto wallet.

So I'm asking if there can be wallets for newbies that'll contain tutorial measures on how to use it and it'll also be user friendly to newbies thereby helping them to learn all the basics of Bitcoin wallet so as they grow and improve their knowledge about wallets and Bitcoin in general, they can advance to pro versions of Bitcoin wallets. With this, to send, receive coins  and do other things like message signing will  be less complicated to newbies and will also make the use of Bitcoin wallet an easy task for all newbies
When you talk about Newbie wallet, I guess what you meant is an easy to use, and user-friendly wallet, right? Because "Trust wallet" is the best option for that, due to it's simple, easy to use interface and it's option to add a new token or coin while selecting the right blockcain while running an airdrop & bounty hunt, making it the most popular among newbies.  But if you are looking for Bitcoin only wallet, then "Electrum" should be the best option for you, as it's got one of the best security and an option for mobile users (i.e android).
legendary
Activity: 2184
Merit: 1302
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August 16, 2023, 04:36:06 AM
#31
If you are a new forum member opening an account on a wallet you will never be asked your rank on the forum
Mind you that you don't "open an account on a wallet", if there's anything like that then it is a custodial wallet, and custodial wallets are not safe wallets to use because you are not going to control the private keys/seed phrase.
Wallets like Electrum Wallet, Mycelium Wallet, MyEthereum Wallet, Hardware Wallet etc. are generally considered by people as more secure complete wallets. You can use any of these wallets as a new member.
MyEtherWallet is an Ethereum wallet, OP is looking for a Bitcoin wallet, whilst Mycelium is not a good wallet to recommend when there are better alternatives like Sparrow wallet or bluewallet.
sr. member
Activity: 686
Merit: 286
August 16, 2023, 04:01:01 AM
#30
There is no separate wallet for newbies, a new member can use the same wallet that an experienced and professional member uses. It is everyone's personal decision to use a wallet. Different members use different wallets considering different aspects. If you are a new forum member opening an account on a wallet you will never be asked your rank on the forum or you can still use any wallet if you are not a member of the forum. Considering the security aspect, people always prefer the more complete wallets. Wallets like Electrum Wallet, Mycelium Wallet, MyEthereum Wallet, Hardware Wallet etc. are generally considered by people as more secure complete wallets. You can use any of these wallets as a new member.
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