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Topic: New user bitcoin !? - page 6. (Read 1626 times)

hero member
Activity: 560
Merit: 500
October 28, 2017, 06:27:30 AM
#25
As a new user, can I start using Bitcoin without having to understand the technical details?

Well, yes you can use it because its system is not that hard to understand. You can use it like how you would use your money. Invest, sell, trade and etc. But I think having the knowledge even if its a very small detail about bitcoin is worth having when you really want to put your time trying to get profit. Most people here are using bitcoin in order for them to get more profit by investing and trading. Just be disciplined and try making plans if you are diving into bitcoin world. Hope you the best. Goodluck mate !
hero member
Activity: 630
Merit: 500
October 28, 2017, 06:13:09 AM
#24
As a new user, can I start using Bitcoin without having to understand the technical details?
It's not good to start using bitcoin without any knowledge about bitcoin and cryptocurrencies in general. You should have a least a minimum knowledge about that, So i advise you to learn some articals in the internet and then you can use safly your bitcoin without any problems. Good luck for you.
Bitcoin is a currency and everyone has the right to use currency, I think very soon when bitcoin will become so much popular then even the illiterate will learn how to use bitcoin. In fact it is the need of the time and when time will come everyone will be the using it as a normanl currency.
member
Activity: 110
Merit: 10
October 28, 2017, 06:07:40 AM
#23
As a new user, can I start using Bitcoin without having to understand the technical details?
No never the reason is
1.You can all messed up things and lost your bitcoins by sending to any unknown address.
2.There are lots of scams going on with bitcoin you may be the target of them as you donot have knowledge.
3.1st you have to understand the basic of bitcoins and then you have to understand how to protect your bit coin and you computer safe.

Or else trust me 100/100 time you get hacked/scammed for sure.

 
legendary
Activity: 2576
Merit: 1043
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October 28, 2017, 06:06:12 AM
#22
I think you can use it without understanding but you will have a limitation in what you can use. Its better to have knowledge about bitcoin and about cryptocurrency as a whole. It will help you understand the world of crypto. Have some knowledge that will help you understand more about bitcoin. Good luck.
sr. member
Activity: 434
Merit: 250
October 28, 2017, 05:54:00 AM
#21
As a new user, can I start using Bitcoin without having to understand the technical details?
It's not good to start using bitcoin without any knowledge about bitcoin and cryptocurrencies in general. You should have a least a minimum knowledge about that, So i advise you to learn some articals in the internet and then you can use safly your bitcoin without any problems. Good luck for you.
full member
Activity: 608
Merit: 100
October 28, 2017, 05:53:17 AM
#20
You can use bitcoin without having to understand it, but you will have trouble if there is something with bitcoin, like halving, fork, double spend, and so on. you should learn while using bitcoin. So you can understand about bitcoin  Wink
hero member
Activity: 3080
Merit: 603
October 28, 2017, 05:43:15 AM
#19
As a new user, can I start using Bitcoin without having to understand the technical details?
No, you can't understand bitcoin if you don't have technical details. As a new user, most of you guys are thinking about bitcoin is a good investment because of the price of it is really competitive and encouraging to get into bitcoin. But my advice is you have to know what you are trying to use. We can understand easily that buying bitcoin, holding it, forgetting it for years and get back to it when the price is too high but it's still better for you to know the technical details about bitcoin.
sr. member
Activity: 602
Merit: 265
October 28, 2017, 05:42:33 AM
#18
As a new user, can I start using Bitcoin without having to understand the technical details?

as a noob a few years back, I jumped right in. I didn't know much then, and I still dont know much now. However, the basics were very easy to grasp and I have been hooked ever since. Going as far as earning a side income from my activities here. Op, nothing to worry about, If you are using it for basic send and receiving funds, you are good to go. Just be sure to secure your wallet and keep safe.
hero member
Activity: 887
Merit: 516
Bitcoin OG
October 28, 2017, 05:40:56 AM
#17

It's not very hard at all to use Bitcoin, it does get technical once you try to mine or run a node, which isn't really for the standard user anyways but you can utilize Bitcoin casually without a problem and new companies are making it extra easy user friendly.
member
Activity: 210
Merit: 10
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October 28, 2017, 05:40:19 AM
#16
It's not so hard to understand how bitcoin works. What do you want to use it for?

bitcoin is a new thing for me, I am new to bitcoin.
therefore i ask.
as a beginner .. of course I am a bit confused with the bitcoin system.
and of course I want to have a good plan with bitcoin when I get it later.
Bitcoin is pretty interesting! Of course you can use it without knowledge about how it  works in detail. But I think everyone who use bitcoin should know some fundamental principles. Good luck  Wink
sr. member
Activity: 2016
Merit: 283
October 28, 2017, 05:39:20 AM
#15
As a new user, can I start using Bitcoin without having to understand the technical details?
yes you can but i suggest to learn first.  Put some time to read here in forum to gain more knowledge . Or do some research about crytpo currency in the internet  to gain some knowledge also.  Effort is the must mate.  As the others said the more you learn the more you earn.  
full member
Activity: 644
Merit: 143
October 28, 2017, 05:38:36 AM
#14
As you use bitcoin regurly, you’ll learn everything about it. I also started without any knowledge, but as time goes by, and as I use bitcoin regulary, I learned the basics and so. I also started to do researches regarding cryptocurrency. But I suggest atleast try to understand first what bitcoin really is and how does it work.
member
Activity: 350
Merit: 10
October 28, 2017, 05:35:20 AM
#13
All that you need to understand is:

-The importance of keeping your private keys safe (as they give you the right to spend your coins);
-What wallets to use in order to keep the keys safe (for a moderately user friendly experience, try a software wallet like Electrum or hardware wallet like TREZOR - for smaller amounts you could decide to use a phone wallet);
-The transaction fees that you need to include in your transactions (a good wallet will have good automatic fee estimation, but often you need to understand how long it may take for your transaction to confirm);
-Which merchants you can spend BTC at; and
-How confirmations work.

After that, I'd say you can pretty much use it and not screw anything up.  Always make sure you're sending to the right address - BTC transactions are non-reversible.



this is a very understandable explanation.
I hope in the future I can run all of it well and without messing it up.
sr. member
Activity: 2016
Merit: 283
October 28, 2017, 05:32:43 AM
#12
As a new user, can I start using Bitcoin without having to understand the technical details?
yes you can but much better to have knowledge about crypto currency.  as a newbie put some time to read here in forum to gain more information.. Cause the more you learn the more you earn. 
full member
Activity: 448
Merit: 102
October 28, 2017, 05:26:42 AM
#11
if you start by investing you do not need to understand the technical details, you just sit and check every bitcoin fluctuation. then you take when you get a profit. and hold when bitcoin prices below.
but at least you know basically how technical details are about investing in bitcoin.
full member
Activity: 238
Merit: 100
October 28, 2017, 05:24:14 AM
#10
you can start using it without understanding, but it's better to learn some basic things
member
Activity: 350
Merit: 10
October 28, 2017, 05:22:59 AM
#9
In order to use bitcoins you do not need to understand the technical aspects. But I think curiosity would win. You will learn to be confident in the rightness of their choice. Now if you have a small amount of coins you can store them in the wallet and watch as they grow in price. Can at any time to exchange their coins for Fiat and spend on your goals. The choice is yours.

thank you..
hopefully later I can understand again aspects associated with bitcoin. Grin
full member
Activity: 476
Merit: 112
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October 28, 2017, 05:21:06 AM
#8
if you just want to invest in bitcoin, I think you are quite silent and sit looking at investment up or down. and you do not need to understand the technical details,
but if you want to trade, or join bitcointalk, I think you have an obligation to understand the technical details, because without it you incur losses in each of your trading and will get a hard rebuke from the moderator when playing bitcointalk.
full member
Activity: 420
Merit: 106
October 28, 2017, 05:20:45 AM
#7
As a new user, can I start using Bitcoin without having to understand the technical details?

You can use bitcoin with out understanding the technical details. But it is better to have some fundamentals how bitcoin works you can search here there is a lot of information here about bitcoin that you can use as reference to understand bitcoin technically.
hero member
Activity: 938
Merit: 559
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October 28, 2017, 05:18:11 AM
#6
All that you need to understand is:

-The importance of keeping your private keys safe (as they give you the right to spend your coins);
-What wallets to use in order to keep the keys safe (for a moderately user friendly experience, try a software wallet like Electrum or hardware wallet like TREZOR - for smaller amounts you could decide to use a phone wallet);
-The transaction fees that you need to include in your transactions (a good wallet will have good automatic fee estimation, but often you need to understand how long it may take for your transaction to confirm);
-Which merchants you can spend BTC at; and
-How confirmations work.

After that, I'd say you can pretty much use it and not screw anything up.  Always make sure you're sending to the right address - BTC transactions are non-reversible.

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