hi guys =) i finally bought some bitcoins :) - page 2.

superkawaii

member

Activity: 72

Merit: 10

Quote from: Birdy on May 07, 2013, 06:46:31 PM

Quote from: superkawaii on May 07, 2013, 06:41:33 PM

Quote from: Birdy on May 07, 2013, 06:36:25 PM

The desktop (/local) wallets download the whole transaction history (yes, of every single Bitcoin in the world), so it will take a while for the first sync ^^
I think the one for smartphone has other ways to access the transaction history.

The safest place to store Bitcoins for a long time are offline wallets or paper wallets.
The easiest way is imo creating a paper wallet with this website: https://www.bitaddress.org/
There are some things you should know:
Keep the private key safe! It's like the key to your safe!
The Bitcoin adress is the adress you can use to put any amount of Bitcoins into this safe.
Important: If you want to take any amount of money out of the safe, take it all and don't use this paper wallet again! Create a new one!

i remember when i was playing around with my android wallet just to see how it works i exported the keys or something like that and saved the file to dropbox then i formated my smartphone , downloaded the android wallet app and just imported the keys

is this similar what you;re talking about with the paper wallet?

anyroll

newbie

Activity: 14

Merit: 0

Quote from: Anon136 on May 07, 2013, 06:49:21 PM

Quote from: superkawaii on May 07, 2013, 06:34:40 PM

hey guys im new to the forum , i mostly lurk the speculation sub forum but i wanted to make a thread asking for some advice

i finally bought some BTC after depositing on mtgox

i bought 5btc @100usd per

do you think this was a bad or good idea ? i was originally going to buy 1000$ worth but for some reason i got scared lol and only bought half of that

honestly bro's my goal was to trade bitcoins and profit enough to buy a macbook air =)

well i wish you all the best and i hope you all turn a profit with bitcoins

<3

smart move holding on to half of your money. Use it to buy more if the price falls.

True, this is a good tactic. Bitcoin prices are so volatile its almost a certantity once the price goes up it will go down just as much before it rises again.

shields

full member

Activity: 164

Merit: 100

I'm in a similar situation, heard of bitcoin in the last couple of years but never really looked into it properly until 2-3 weeks ago. After a lot of research I'm a believer, gradually bought in about 500euro worth over the last week when the price has been low. I aim to buy in another 500-1000 euro over the summer depending on dips in price.

houseofchill

member

Activity: 110

Merit: 10

Quote from: superkawaii on May 07, 2013, 06:41:33 PM

Quote from: Birdy on May 07, 2013, 06:36:25 PM

My advice is: Whatever you do, keep at least one Bitcoin in a safe place in case Bitcoin is a skyrocketing sucess ^^

yeah i always thought about that just incase some how bitcoin reaches a crazy price for some reason

i would like to ask you a question about bitcoin wallet if i can , right now i just keep my bitcoins in the mtgod wallet or whatever , i have i desktop wallet but it takes like forever to synchronize or update , im also interested in the android wallet for my smartphone because for some reason it updates really fast i dont know why

so in your opinion what is a safe place for a n00b like me to keep my bitcoins in ?

thnx you for taking the time to reply to my thread

If you're talking about the initial desktop wallet synchronization it takes a long time (several hours) bc abt 10 gb of data needs to be downloaded. If you're talking about the day to day updating of new blocks then the desktop version still takes longer than the android version bc the android app uses a shortcut of talking to a server that already has the entire updated blockchain.

Anon136

legendary

Activity: 1722

Merit: 1217

Quote from: superkawaii on May 07, 2013, 06:34:40 PM

hey guys im new to the forum , i mostly lurk the speculation sub forum but i wanted to make a thread asking for some advice

i finally bought some BTC after depositing on mtgox

i bought 5btc @100usd per

do you think this was a bad or good idea ? i was originally going to buy 1000$ worth but for some reason i got scared lol and only bought half of that

honestly bro's my goal was to trade bitcoins and profit enough to buy a macbook air =)

well i wish you all the best and i hope you all turn a profit with bitcoins

<3

smart move holding on to half of your money. Use it to buy more if the price falls.

Birdy

sr. member

Activity: 364

Merit: 250

Quote from: superkawaii on May 07, 2013, 06:41:33 PM

Quote from: Birdy on May 07, 2013, 06:36:25 PM

My advice is: Whatever you do, keep at least one Bitcoin in a safe place in case Bitcoin is a skyrocketing sucess ^^

yeah i always thought about that just incase some how bitcoin reaches a crazy price for some reason

i would like to ask you a question about bitcoin wallet if i can , right now i just keep my bitcoins in the mtgod wallet or whatever , i have i desktop wallet but it takes like forever to synchronize or update , im also interested in the android wallet for my smartphone because for some reason it updates really fast i dont know why

so in your opinion what is a safe place for a n00b like me to keep my bitcoins in ?

thnx you for taking the time to reply to my thread

The desktop (/local) wallets download the whole transaction history (yes, of every single Bitcoin in the world), so it will take a while for the first sync ^^
I think the one for smartphone has other ways to access the transaction history.

The safest place to store Bitcoins for a long time are offline wallets or paper wallets.
The easiest way is imo creating a paper wallet with this website: https://www.bitaddress.org/
There are some things you should know:
Keep the private key safe! It's like the key to your safe!
The Bitcoin adress is the adress you can use to put any amount of Bitcoins into this safe.
Important: If you want to take any amount of money out of the safe, take it all and don't use this paper wallet again! Create a new one!

anyroll

newbie

Activity: 14

Merit: 0

Quote from: superkawaii on May 07, 2013, 06:34:40 PM

hey guys im new to the forum , i mostly lurk the speculation sub forum but i wanted to make a thread asking for some advice

i finally bought some BTC after depositing on mtgox

i bought 5btc @100usd per

do you think this was a bad or good idea ? i was originally going to buy 1000$ worth but for some reason i got scared lol and only bought half of that

honestly bro's my goal was to trade bitcoins and profit enough to buy a macbook air =)

well i wish you all the best and i hope you all turn a profit with bitcoins

<3

Definitly a good idea, if I was you id invest the whole 1k, but thats just me.

superkawaii

member

Activity: 72

Merit: 10

Quote from: Birdy on May 07, 2013, 06:36:25 PM

My advice is: Whatever you do, keep at least one Bitcoin in a safe place in case Bitcoin is a skyrocketing sucess ^^

yeah i always thought about that just incase some how bitcoin reaches a crazy price for some reason

i would like to ask you a question about bitcoin wallet if i can , right now i just keep my bitcoins in the mtgod wallet or whatever , i have i desktop wallet but it takes like forever to synchronize or update , im also interested in the android wallet for my smartphone because for some reason it updates really fast i dont know why

so in your opinion what is a safe place for a n00b like me to keep my bitcoins in ?

thnx you for taking the time to reply to my thread

Birdy

sr. member

Activity: 364

Merit: 250

My advice is: Whatever you do, keep at least one Bitcoin in a safe place in case Bitcoin is a skyrocketing sucess ^^

superkawaii

member

Activity: 72

Merit: 10

hey guys im new to the forum , i mostly lurk the speculation sub forum but i wanted to make a thread asking for some advice

i finally bought some BTC after depositing on mtgox

i bought 5btc @100usd per

do you think this was a bad or good idea ? i was originally going to buy 1000$ worth but for some reason i got scared lol and only bought half of that

honestly bro's my goal was to trade bitcoins and profit enough to buy a macbook air =)

well i wish you all the best and i hope you all turn a profit with bitcoins

<3

Topic: hi guys =) i finally bought some bitcoins :) - page 2. (Read 1115 times)