Journey of a newbie. - page 2. | Bitcointalksearch.org

Rockstarguy

hero member

Activity: 1050

Merit: 592

God is great

Quote from: Bravethug on September 21, 2023, 06:40:49 AM

I have always been confused about crypto currencies and how they work... how they are stabilised and regulated but with the present plight and constant devaluation of my country's currency, it's safe to say I need to learn, practice and own a safer landing, the banking systems are not helping with constant maintenance levies and network issues. I'm aware that there is no perfect place but anywhere with a more better solution is more preferable. Cheers to the beginning of a new journey.

You also need to understand that coming around bitcoin won't add to the value of your money to make you rich very quick. Bitcoin is good for a long term investment if you want better profit from it. It will be too bad for you to leave your money in the bank for a longtime as savings because it will keep on losing value but if you can hodl Bitcoin for a longtime it will be profitable for you in the future, you can only achieve this benefit in profit from bitcoin if only you are ready and have good patience.

Gutting value from bitcoin can be challenging for some beginners because they just inquisitive to make money so fast, but if you take your time to understand how bitcoin works you will be very glad for making the right choice embracing bitcoin as a financial option.

Bravethug

newbie

Activity: 10

Merit: 5

Quote from: Saisher on September 21, 2023, 08:25:40 AM

Quote from: Bravethug on September 21, 2023, 06:40:49 AM

I have always been confused about crypto currencies and how they work... how they are stabilised and regulated but with the present plight and constant devaluation of my country's currency, it's safe to say I need to learn, practice and own a safer landing, the banking systems are not helping with constant maintenance levies and network issues. I'm aware that there is no perfect place but anywhere with a more better solution is more preferable. Cheers to the beginning of a new journey.

Congratulations you did the right thing, we all wish that there will be more people who would realize the value of Bitcoin as a store of value in times of constant devaluation of their local currency and inflation, but people prefer to have second thoughts because of the bad news they are receiving from mainstream media.

Merited you for your new journey I'm sure it will be a fruitful journey because you have chosen the right path to financial freedom and accepting this new innovation in online payment.

Thank you so much for your kindness and words of encouragement. It's not everyday someone meets a kind person. I appreciate you.

kamvreto

legendary

Activity: 1974

Merit: 1157

MAaaN...!! CUT THAT STUPID SHIT

No need to be confused, you still have plenty of time to learn it if this is your initial journey in crypto. High volatility makes crypto prices unstable and some of the bad conditions that are regulated are only part of it, no one really regulates the crypto market is decentralized. No economic platform is perfect and you also said that continuous devaluation of your country's currency would have a very bad effect. You just need to learn more deeply, a beginner's journey is not easy, it depends on whether the beginner wants to learn seriously or not.

Bobrox

sr. member

Activity: 1246

Merit: 262

Welcome mate to Bitcoin discussion forum and you can start your journey as beginner for learning with bitcoin and cryptocurrency, but not fault if you try watching Youtube channel with cryptocurrency discussing and check related on some article describe what is bitcoin or cryptocurrency. You can learn here after having basic of Bitcoin or altcoin knowledge and ask about any thing difficult understanding in article who explain about cryptocurrency.

But its not difficult for understanding with cryptocurrency and I believe you will easy how to accept Bitcoin as worth investment in the future after few days active in this forum and not bad to try trading or investing in bitcoin later.

Saisher

full member

Activity: 2324

Merit: 175

Quote from: Bravethug on September 21, 2023, 06:40:49 AM

I have always been confused about crypto currencies and how they work... how they are stabilised and regulated but with the present plight and constant devaluation of my country's currency, it's safe to say I need to learn, practice and own a safer landing, the banking systems are not helping with constant maintenance levies and network issues. I'm aware that there is no perfect place but anywhere with a more better solution is more preferable. Cheers to the beginning of a new journey.

Congratulations you did the right thing, we all wish that there will be more people who would realize the value of Bitcoin as a store of value in times of constant devaluation of their local currency and inflation, but people prefer to have second thoughts because of the bad news they are receiving from mainstream media.

Merited you for your new journey I'm sure it will be a fruitful journey because you have chosen the right path to financial freedom and accepting this new innovation in online payment.

Davidvictorson

hero member

Activity: 1190

Merit: 901

Livecasino.io

Yes cheers to a new journey and a new beginning for you. Just like you a lot of us have our reasons for being here. To make your journey in Bitcoin and even on this forum worthwhile you would have to read more than you post. The first goal for you should be to acquire as much knowledge as possible so that you can make great progress on your journey.

Do read and abide by the rules of the forum. The most important for me is never to plagiarized. Do not pass off someone's knowledge as yours. Give them some credits. It is their intellectual property.

Mayor of ogba

sr. member

Activity: 476

Merit: 316

Get $2100 deposit bonuses & 60 FS

Quote from: Bravethug on September 21, 2023, 06:40:49 AM

I have always been confused about cryptocurrencies and how they work... how they are stabilized and regulated but with the present plight and constant devaluation of my country's currency, it's safe to say I need to learn, practice, and own a safer landing, the banking systems are not helping with constant maintenance levies and network issues. I'm aware that there is no perfect place but anywhere with a better solution is preferable. Cheers to the beginning of a new journey.

inflation in your country's currency has made to see the reason to believe in Bitcoin through other people who are living well because they believe and embrace Bitcoin on time. Op, you are welcome to this great forum, where you can learn Bitcoin's fundamentals, you can also do your research on Bitcoin.

The link below will help you with some Bitcoin-related books
https://bitcointalksearch.org/topic/some-books-we-need-to-read-5350541

Have it in mind never to store your Bitcoin on a centralized exchanqge like Binance, Gate.io, or Kucoin because you don't have access to the private key where you store your Bitcoin. You can store your Bitcoin in a wallet where you fully have 100% control of your Bitcoin, such as a non-custodial wallet like "Electrum wallet".

Pandu Geddon

hero member

Activity: 826

Merit: 583

What exactly do you want to achieve? Want to learn about crypto? or want to invest or trade crypto to earn profits?
I'm sure this isn't the first time you've heard of crypto or Bitcoin that attracted you to the forum. If you want to learn everything, start gradually. Don't rush, you can get much information on the forum. But first, determine your goals in the forum and you can filter out some of the more important information.

welcome to the forum, maybe you will need more time to search and read. but that's the process. I hope you enjoy it.

Hyphen(-)

hero member

Activity: 1022

Merit: 744

Welcome to Bitcointalk forum mate, one of the best ever Bitcoin related discussions forum you will ever find, I am sure you will be happy to be here because you will get almost all the basic guide and knowledge you need about Bitcoin and cryptocurrency here.

Quote from: Bravethug on September 21, 2023, 06:40:49 AM

I have always been confused about crypto currencies and how they work..

Learnmeabitcoin.com will elaborate and explain almost all the basic information about how Bitcoin works and some knowledge you will need to get started, because knowledge is very important, and considering Bitcoin is a digital currency, you need to have the basic knowledge to avoid some mistakes that might cause you to lose money.

Odohu

hero member

Activity: 602

Merit: 543

Quote from: Bravethug on September 21, 2023, 06:40:49 AM

I have always been confused about crypto currencies and how they work... how they are stabilised and regulated but with the present plight and constant devaluation of my country's currency, it's safe to say I need to learn, practice and own a safer landing, the banking systems are not helping with constant maintenance levies and network issues. I'm aware that there is no perfect place but anywhere with a more better solution is more preferable. Cheers to the beginning of a new journey.

The first question that comes to mind is: are you here to learn about Bitcoin so you will be able to making money through it? If yes, do you plan to buy and hold it for a profit or you have figured out other ways of making money from Bitcoin? If your plan is to learn to be able to buy, I will suggest you learn about the DCA method of accumulating Bitcoin
In conclusion, If you have the answers to these key questions, then your stay in this forum will be fruitful and you will cherish your the abundant information avialbel here free of charge. So, define your priorities well and have a plan on how to go about it.

_act_

legendary

Activity: 1106

Merit: 1337

Lightning network is good with small amount of BTC

Bitcoin and many other crypto like the stable coins are helping people in countries with inflation like Turkey, Venezuela and many countries in Africa and Asia. If you know that your government are devaluing your local currency, bitcoin and many other cryptocurrencies is what you can go for. Some people see it easy to buy stable coins as they buy some bitcoin but the best against inflation is bitcoin.

The advice that I have for you is to not leave your coins on those centralized exchanges and to protect your noncustodial wallet not to be hacked. If you want a well protected wallet, wallet on airgapped device would be good or buy a hardware wallet.

tetaeridanus

member

Activity: 182

Merit: 33

Hey! Welcome!

Good luck on your journey! The more you stay active the more good people you meet!

Cheers.

Tetaeridanus. ✨

Bravethug

newbie

Activity: 10

Merit: 5

I have always been confused about crypto currencies and how they work... how they are stabilised and regulated but with the present plight and constant devaluation of my country's currency, it's safe to say I need to learn, practice and own a safer landing, the banking systems are not helping with constant maintenance levies and network issues. I'm aware that there is no perfect place but anywhere with a more better solution is more preferable. Cheers to the beginning of a new journey.

Topic: Journey of a newbie. - page 2. (Read 317 times)