Pages:
Author

Topic: Im a beginner. (Read 1829 times)

hero member
Activity: 653
Merit: 500
July 03, 2014, 07:31:44 AM
#28
Go to the alt-coin section.  But I think DOGE is profitable the most, I really dont know, I've stopped minning coins.

Ummm, DOGE is in its death throws in my opinion. I'd look into mining low difficulty coins that haven't been added to exchanges/pumped yet. DOGE is dangerous at this point....

The doge hype is over IMO. The price is now down to just 34 satoshi. Cheesy
sr. member
Activity: 588
Merit: 354
July 02, 2014, 07:50:51 PM
#27
All the information you seek are at your finger tips of clicking the "search" icon on the top right.

Go to advanced settings to type your keywords. As for your general questions, like what type of coin to mine would be under the category for "alt coins" and start from there.

hero member
Activity: 658
Merit: 500
Buy and sell bitcoins,
July 02, 2014, 05:52:05 PM
#26
Go to the alt-coin section.  But I think DOGE is profitable the most, I really dont know, I've stopped minning coins.

Ummm, DOGE is in its death throws in my opinion. I'd look into mining low difficulty coins that haven't been added to exchanges/pumped yet. DOGE is dangerous at this point....
hero member
Activity: 782
Merit: 1000
July 02, 2014, 05:24:30 PM
#25
Hey guys:)

Im new in the cryptocurrencywolrd and have some questions.

I got my wallet and some BTC.

I want to mine and want to trade.

what do i have to know about mining and which Hardware do i have to get?

Where should i mine or which sofetware do i have to install?

which coin is the best to mine?

which trading platform is the best to trade BTC or other alt coins?

some inevitable websites ?

Thanks lot Wink


Go to the alt-coin section.  But I think DOGE is profitable the most, I really dont know, I've stopped minning coins.
newbie
Activity: 1
Merit: 0
July 02, 2014, 03:01:37 PM
#24
I think the best advise for newbies to the bitcoin arena is to get educated about bitcoin before you do anything with bitcoins. I know of a great course that will teach you everything about bitcoin and give you real trading strategies that experts use. PM me if you want more info on that.

But honestly if you are new to bitcoin get you some education about bitcoin from somewhere. Please beware of the bitcoin hype and the hypesters. Keep in mind that bitcoin shares some similarities with other crypto-currencies but it has a uniqueness all to it's own. Having the right education will identify key things about bitcoin that will lead to you developing strategies on investing in bitcoin, no matter if you use money or not.

One tip I will leave you with if you are trying to grow your bitcoin bank, sell items you don't won't or don't need for bitcoins instead of for money. I know someone who just sold their car for bitcoins. This is probably one of the fastest ways to get bitcoins. No fancy equipment, no money out of your pocket, more space in your house or garage.  Wink

If anyone comes across or know of some new ways to gather bitcoins please pm me to let me know.
hero member
Activity: 633
Merit: 500
July 02, 2014, 03:49:42 AM
#23
It seems to me OP has lost his/her interest in bitcoin real fast, and didn't come back after creating the account for a few days... Sad
newbie
Activity: 31
Merit: 0
July 02, 2014, 03:40:21 AM
#22
u can creat a wallet on https://blockchain.info/
sr. member
Activity: 462
Merit: 253
June 20, 2014, 10:37:37 AM
#21
Unless you have a good budget, mining bitcoin is not an option as the difficulty is pretty high, and for a profitable mining you would need a stat of the art asic miner that cost a lot of cash.

To acquire the necessary experience, and to understand the different aspect of cryptocurrency I suggest you to read the different guides and informations on the website and do some applications on altcoins

+1
The scrypt ASIC are more affordable though, and there's not much difference in Hash/$ wether you buy a 100$ or 2000$ ASIC.
sr. member
Activity: 581
Merit: 253
May 14, 2014, 05:15:28 PM
#20
Welcome and good luck!
newbie
Activity: 34
Merit: 0
May 04, 2014, 07:25:43 PM
#19
welcome my friend and have fun. good luck.
newbie
Activity: 6
Merit: 0
May 04, 2014, 04:10:48 PM
#18
Unless you have a good budget, mining bitcoin is not an option as the difficulty is pretty high, and for a profitable mining you would need a stat of the art asic miner that cost a lot of cash.

To acquire the necessary experience, and to understand the different aspect of cryptocurrency I suggest you to read the different guides and informations on the website and do some applications on altcoins
newbie
Activity: 7
Merit: 0
May 04, 2014, 03:55:23 PM
#17
 Smiley Smiley Smiley
hero member
Activity: 882
Merit: 1000
May 03, 2014, 02:26:28 PM
#16
Welcome to bitcoin and bitcointalk, aMattel Smiley


Hey all,

Im just coming home and I'm surprise to get so great answers and tips from you how to trade and mine bitcoin.
Thanks to all!! I'm looking forwards to have a nice time with you all!!

I think bitcoin has a great potential to get a very big thing!!
I think other question I can save now and hope I get enough information and experience by doing myself. Learning by doing;)

You can definitely learn a lot by trying different stuff yourself.
Whenever you got a question, feel free to ask us here, and I am sure you will get great answers again Smiley
newbie
Activity: 7
Merit: 0
May 03, 2014, 12:09:46 PM
#15
I think other question I can save now and hope I get enough information and experience by doing myself. Learning by doing;)
newbie
Activity: 7
Merit: 0
May 03, 2014, 12:03:17 PM
#14
Hey all,

Im just coming home and I'm surprise to get so great answers and tips from you how to trade and mine bitcoin.
Thanks to all!! I'm looking forwards to have a nice time with you all!!

I think bitcoin has a great potential to get a very big thing!!
hero member
Activity: 653
Merit: 500
May 02, 2014, 10:26:00 PM
#13
Hey guys:)

Im new in the cryptocurrencywolrd and have some questions.

I got my wallet and some BTC.

I want to mine and want to trade.

what do i have to know about mining and which Hardware do i have to get?

Where should i mine or which sofetware do i have to install?

which coin is the best to mine?

which trading platform is the best to trade BTC or other alt coins?

some inevitable websites ?

Thanks lot Wink

You can mine with different hardware (CPU, GPU, scrypt ASIC, sha256 ASIC, etc).
You can mine different types of coins (sha256, scrypt, scrypt-jane, quark, etc) and you may need different software to mine.

It is hard to break even with mining now, so don't expect to get profits at all.

The biggest btc exchanges are bitstamp and btc-e, and the biggest altcoin exchange is cryptsy.
newbie
Activity: 56
Merit: 0
May 02, 2014, 08:24:05 PM
#12
If anything the only good tip that few will admit.

Do not get BFL mining most of their miners break and suck. ESP those preorder hype.
hero member
Activity: 882
Merit: 500
May 02, 2014, 08:12:57 PM
#11
If you are new to Bitcoin, don't mine.
If you are new to trading, don't trade bitcoins.

Instead try to learn first by reading on the topics as much as possible, then by trying out with small amounts. You will make mistakes and learn from them.
I even suggest to mine bitcoin. Not for the profit, but to help on your understanding. It is also fun.

I think that my advice is just as good as yours. I didn't include a lot of explanation because I figure it would be ignored anyway. The few newbies that are interested in mining and trading in order to learn something should follow your advice. But most newbies want to mine and/or trade because they think they can make a lot of money, and those newbies should follow my advice.

Every trader has lost a lot on a trade at some point if they have been in it long enough.
Newbies should not go into trading unless they can stomach a tough loss.
legendary
Activity: 2296
Merit: 1014
May 02, 2014, 08:09:47 PM
#10
now u can mine only alts, bitcoin too hard, thats one your question
legendary
Activity: 4522
Merit: 3426
May 02, 2014, 04:40:50 PM
#9
If you are new to Bitcoin, don't mine.
If you are new to trading, don't trade bitcoins.

Instead try to learn first by reading on the topics as much as possible, then by trying out with small amounts. You will make mistakes and learn from them.
I even suggest to mine bitcoin. Not for the profit, but to help on your understanding. It is also fun.

I think that my advice is just as good as yours. I didn't include a lot of explanation because I figure it would be ignored anyway. The few newbies that are interested in mining and trading in order to learn something should follow your advice. But most newbies want to mine and/or trade because they think they can make a lot of money, and those newbies should follow my advice.
Pages:
Jump to: