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Topic: How To Manage Your Bitcoin For Long Term (FOR NOOB) Purposes - page 2. (Read 455 times)

hero member
Activity: 770
Merit: 509
Just New In Investing Bitcoin And There are lot of altcoin to invest any tips how to manage your bitcoin for long term and not burning your money alot !  Roll Eyes Shocked Shocked

It's easy, step by step guide here:

1) Buy BTC or work for BTC (get paid in BTC)
2) Create a paper wallet (https://www.youtube.com/watch?v=872eSnlKUeg)
3) Wrap it in plastic to avoid erosion of paper with time/humidity etc
4) Make a couple of backups in safe places
5) Put the BTC you buy/work for on the paper wallet
6) Enjoy your unhackeable cold storage

Now you just need to control the impulse of wanting to get rich overnight by gambling with shitcoins.
sr. member
Activity: 385
Merit: 250
Simply don't spend unless you absolutely have to. You should also do extensive research on an altcoin you're planning to invest on, because a lot of them are basically pump and dump scams.
AGD
legendary
Activity: 2070
Merit: 1164
Keeper of the Private Key
member
Activity: 161
Merit: 10
Just New In Investing Bitcoin And There are lot of altcoin to invest any tips how to manage your bitcoin for long term and not burning your money alot !  Roll Eyes Shocked Shocked
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