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Topic: New to bitcoin and eager to learn - page 2. (Read 1319 times)

legendary
Activity: 3542
Merit: 1352
July 21, 2015, 01:52:08 PM
#4
Hello! Bitcoin sparked my interest a few weeks ago and I decided to give it a shot. I've been using some faucets for a while and made a deposit of 30 EUR to my coinbase wallet. I also have a blockchain wallet and an account at yobit.net. If someone could point me in the right direction of where to start that would be great!

I honestly don't have much experience with financial markets, trading etc but I'd like to learn. Is 0.1 Bitcoin too low to do anything with or what would be a suitable amount?

Regards Max

Hello and welcome to bitcointalk.org!

First off, you don't want to keep your own balance in an online wallet, do you? Get a wallet that suits your needs like Electrum, Multibit or Mycellium. Those wallets do not need to download the whole blockchain to function; these are lightweight wallets that are newbie-friendly and will help you familiarize yourself in buying/spending/receiving bitcoins.

As for trading, don't bother on trading yet. Better read the basics on trading first before you dive in to that aspect of bitcoin. 0.1 isn't a low amount in trading. Honestly, you can start off with even 0.005 if you want to. Don't go all-in unless you know what you're really doing.

Good luck!
legendary
Activity: 1288
Merit: 1036
July 21, 2015, 01:37:34 PM
#3
Welcome to the best Bitcoin community  Grin You should take a tour throughout the sticked thread to dive into the various Bitcoin topics. There are many ways to make mistakes especially at the beginning.
staff
Activity: 3500
Merit: 6152
July 21, 2015, 01:15:21 PM
#2
Hello! Bitcoin sparked my interest a few weeks ago and I decided to give it a shot. I've been using some faucets for a while and made a deposit of 30 EUR to my coinbase wallet. I also have a blockchain wallet and an account at yobit.net. If someone could point me in the right direction of where to start that would be great!

I honestly don't have much experience with financial markets, trading etc but I'd like to learn. Is 0.1 Bitcoin too low to do anything with or what would be a suitable amount?

Regards Max

There is something you could do actually , we start with the first part since you new to bitcoin and want to learn ...
Never store your bitcoins on Blockchain.info or any other online wallet (same goes for Coinbase) or any exchange (including YoBit) . If you are using mostly PC then I suggest you to use Bitcoin core (if you don't want to download the 30 GB file then go with Electrum or Multibit HD) .  That's for storing your bitcoins .

Now for what comes to your 0.1 BTC , I usually don't recommend people to gamble because it's a loss if it was for winning then we would all do it .
I suggest you to look on the "Digital goods" section and buy Full Member account with high quality posts from reputable member around here . after doing that head to Overview of Bitcointalk Signature-Ad Campaigns and choose a good signature compaign . (Bit-x pays 0.008 BTC per constructive post) which means if you make 100 posts per week you could make 0.08 BTC per week . etc ... do the calculations and you will see .( Make sure to use an escrow when you trade on the forums  )
Feel free to ask further questions , we are here to help you out
newbie
Activity: 5
Merit: 0
July 21, 2015, 01:07:06 PM
#1
Hello! Bitcoin sparked my interest a few weeks ago and I decided to give it a shot. I've been using some faucets for a while and made a deposit of 30 EUR to my coinbase wallet. I also have a blockchain wallet and an account at yobit.net. If someone could point me in the right direction of where to start that would be great!

I honestly don't have much experience with financial markets, trading etc but I'd like to learn. Is 0.1 Bitcoin too low to do anything with or what would be a suitable amount?

Regards Max
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