Topic: How you can know about bitcoin? (Read 340 times)

you can learning cryptotrade, cryptocooding and some other fun tech in crypto, now im learning crypto cooding, hope i can build my startup someday.

My friend told me about the "incredible magical Internet currency" for about 2 years. I didn’t really listen to him because I thought it was all nonsense. But now I myself began to study crypto, and now I am here, and I am writing this comment! I didn't think then that now I myself will talk about it.

my friend Introduce to me about bitcoin, he is trader and also bounty hunter so when i start to interest with bitcoin, he show me about this forum. to make an account, post then join to bounties campaign. i am so gratefull to know bitcoin from him because he make easy for my way. but for start not easy like seen, difficult  for beginner to understand about this forum so confused, do not know about what it this etc ..... but my curiosity made me get through it...

The first time I heard about Bitcoin on TV. There it was said that some scammers were trying to do something illegal with the help of bitcoin. It was a long time ago. But this was my first meeting!
And only about 5 years ago I studied bitcoin in more detail.

I got acquainted with Bitcoin on Twitter,
There were some followers on my Twitter who were related to bitcoin,
By watching their tweets, I first came to know about Bitcoin's work and popularity.

the same experience, I was really lucky at that time to have a facebook friend who shared about bitcoin, I was surprised there was a coin that had a price 1000 usd and coincidentally at that time I was unemployed so I was interested to learn it, and I was told about this forum until for now I keep earn on this forum and get a lot of bitcoin in this forum too. as well as the knowledge that I have gained in this forum.

I know Bitcoin when a friend on Facebook shares about the faucet. And I tried to learn it, initially, it was difficult and needed patience considering earn from the faucet was very little first to follow the price of Bitcoin which was still cheap when 2014. After enough capital I tried trading at Bittrex and gradually my capital increased, although of course I suffered losses due to lack of knowledge about trading. from year to year earn profit from crypto is easier especially in 2017, many Altcoins can be profitable

Most people (myself included) simply see the word "bitcoin" somewhere on the Internet and a mention that it is some form of money, then they google it and in one of the first results they get bitcoin.org, which is pretty much the official site of Bitcoin. It's full of useful information and links for beginners, and then people usually start hanging out around this forum or the subreddit, and maybe read some books. It's really not that hard to start with Bitcoin, you just have to be curious.

Majority of us got the knowledge about bitcoin through this forum or from our friends. Googling online about bitcoin then didn't give me the desirably explanation on how it works until a friend taught me how to trade with it. Ever since then I have fallen much in love trading with it.

I was very lucky to find out about bitcoin very early before 2014, I was looking on google how to make money online.
And I found a video explaining Bitcoin I was sold about the concept right away, mainly because you didnt need any banks with Bitcoin.
I found the forum later on when trying to find out how to mine Bitcoin, and stayed here ever since

I think now a days most people know about Bitcoin, have heard about it somewhere in the news or from people around them.

When it comes to anything about Bitcoin and Cryptocurrency, Bitcointalk and Youtube is the best place, there are a lot of videos about Bitcoin for dummies and there are hundreds of so-called that will give you analysis on how to make profit on Bitcoin, Bitcoin is not a secret anymore it's just your interest that needs to awaken.

At the end of 2017, I was introduced by a friend about bitcoin. But I am not very interested because I have never traded anything, even investments like forex and others. I was very stupid and didnt want to know more at first, but in early March 2018 I was recommended to create a bitcointalk account, with the aim that I could get more information and join the bounty program.

Being a bounty hunter at first, with the hope that I get a lot of capital from the work I have done. But the fact is that there is no bounty that really results for me. I can find out more about bitcoin when I try to improve the quality of posts. This clearly requires me to read more from various references and I decided to stop being an altcoin hunter for a while and continue to work to improve the quality and knowledge of forums and bitcoin.

Some of my efforts to increase knowledge about bitcoin so far.
https://bitcointalksearch.org/topic/m.52920569 (Thread in Bitcoin Discussion)
https://bitcointalksearch.org/topic/m.51175721 (Thread in my local board Indonesia)

I guess I was lucky to hear about bitcoin from my good friend.
Media in my country became interesting in btc in 2017 when btc price jump to the sky 😁
I'm not aware that in my country we have any course about btc so only way to learn about btc is to find available info online.
I hope it will change in the future.

I was fortunate to know someone who was into cryptocurrency so the moment I picked interest, I had someone who was giving me guidelines. I knew about bitcoin for quite a very long time now but only picked up interest recently.

I got to know about the forum from an article I read from one of the cryptocurrency news media source (suspecting it's coindeck). The article was saying negative things about the forum but still I knew for a forum that has been the backbone of the community, most of those review must have been written just for viewers seek.

I do somewhat relate to your situation because ive been in stocks and forex wayback but opposite of yours where i do managed to make some profits
but when i do know about crypto and tried and compared the profits then its entirely different and this is the main reason why i jumped immediately
and later on i do study more about it when it comes to basic principles and its true usage aside from making money.

The one who do introduce to me about bitcoin or crypto is my friend telling me that he do know some methods or ways on making more money aside from forex trading.

We're on the internet era and everything can be found with the use of it. So, those classes that you have with stocks probably can be found on the web too. It's okay to watch youtube channels but you should be careful of who to believe with what they say.

If they start to direct their viewers to buy a specific coin then that's a sign that you should not be following him because it's for his own personal gain. I know that there are still youtube channels that are true to their viewers and you just have to find them and you'll understand the sense of what they are saying for being honest.

Media channels for most of the time tend to promote bitcoin in a bad-light and more importantly they would be spitting up their minimal knowledge in explaining what bitcoin is all about. Some of these channels tend to showcase them as something similar to a decentralized mutual fund investment scheme and some tend to name them scam. Bitcoin is more or less a global currency in general and they have no correlations with these trading funds or mutual investments. As pooya87 said, trading stocks can be learnt from prior experiences and same goes with the understanding of cryptocurrencies.

A simple analogy can be brought upon here comparing bitcoin and stocks : Can stocks be used to buy groceries from supermarket? Bitcoin can be used as a currency in the online commerce and comparing them with stocks is a stupid way of teaching a newbie. Some youtube channels tend to showcase bitcoin in its true value by helping others understand the purpose of the invention in more simpler way. Try to consider bitcoin as a currency and start reading "Mastering Bitcoin", "Internet of Money Vol 1-2" books. Once you get to reach the final page of these, your thought on bitcoin would change completely and you would start noticing bitcoin in a newer way. Coming to your question, I got to know about bitcoin from an economic news.

At first, I only know small information about bitcoin because what I have been introduced is only joining ICOs and earn erc-20 tokens then exchanged to bitcoin but later on I know that joining bounty is not much profitable on the time I have been participating and mostly ICOs are scam or fraud until I did some research and asking questions like newbie did at first.

i know bitcoin when people share stellar, people get some free stellar just by verifying his facebook, so i trying to get some too, after that i do earning a lot from some free coin like XRB, today bounty is very famous, people trying to get as much as possible, but some new token/coin have bad performance, so we can get very cheap value from our freecoin right now.

?

Keep dropping? The stock market are in a freakin ultra bull market. You'd have to be really REALLY bad in picking stocks to actually lose money. I mean, take a look at the S&P500! If you really had money in the SPY since March of 2019 and held till now, you'd have made 16% in less than a year, which is good for a sort of 'safer' investment in my book.

And if you actually sold early just because the prices are "dropping", then you need to take control over your emotions or stop investing overall.