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Topic: Practical tips for starters - page 2. (Read 1564 times)

full member
Activity: 206
Merit: 100
September 07, 2017, 06:19:03 AM
#20
A few basic crypto rules and tips:

1.) Trust no one.
2.) Do your own research, don't listen to cheerleaders
3.) backup your wallets and passphrases
4.) backup your wallets and passphrases again.

A few things people can forget:

1.)  What if you suddenly die?  Leave instructions in your will about how to retrieve your BTC for your loved ones.
2.)  Make backups of your backups of your backups.

FOR THE ADVANCED USERS:

1.) Always run new wallets in an isolated VM
2.) Encrypt and then encrypt again, and again......
jr. member
Activity: 168
Merit: 1
September 06, 2017, 01:54:28 PM
#19
The best way to start if you are new is set up a wallet on blockchain.info then buy Bitcoins. If you don't know any trusted bitcoin shop yet just click on my banner down of this post


Done that long time ago.  Smiley
legendary
Activity: 2506
Merit: 1113
There's no need to be upset
September 06, 2017, 12:19:56 PM
#18
You will need first of all to learn about bitcoin. Understand how it works and why it matters. When you'll understand idea behind you'll understand it potential. It's impossible to explain in one post. Here you are some links which will held you
1. Book "Digital gold" N. Popper (you can download it)
2. Book "Mastering bitcoin" A. Antonopoulus  (same, you can download it)
3. This video will help to understand how economics works, that is crucial for understanding importance of bitcoin https://www.youtube.com/watch?v=PHe0bXAIuk0
Hope this will help you
Best

learning some basic TA also helps.

you can start here:
https://decentralize.today/starters-guide-for-crypto-trading-8d4b9862735
https://steemit.com/cryptocurrency/@wolfofpoloniex/bare-basics-of-trading-cryptocurrency

I reallyrecommend Mark Douglas books as well
"trading in the zone" and "the disciplined trader" are great

"trading for a living' too

Wink

good luck!
hero member
Activity: 835
Merit: 502
September 06, 2017, 06:05:33 AM
#17
 There are 2 news for you
Bad - a lot of people are interested in btc
Good - now is not a problem to get information of altcoins anb bitcoin

Read news watch youtube  read forums
newbie
Activity: 1
Merit: 0
September 06, 2017, 05:21:57 AM
#16
thank you all fo the first guidance, it saved me on opening a new thread!
sr. member
Activity: 378
Merit: 260
Bitcoin SV is Bitcoin
September 06, 2017, 05:06:29 AM
#15
The best way to start if you are new is set up a wallet on blockchain.info then buy Bitcoins. If you don't know any trusted bitcoin shop yet just click on my banner down of this post

full member
Activity: 251
Merit: 101
September 05, 2017, 10:42:30 PM
#14
I'm just new at this bitcoin system. Could you please enlighten me about the potentials here, and, what are the practical steps that I should do?

Start earning your first satoshi from the faucets.

I recommend faucethub.io - very good multiwallet interface with exchange option.. You will learn very much from this practice
full member
Activity: 420
Merit: 100
Global Blockchain Solution For Transportation
September 05, 2017, 07:16:26 PM
#13
I am also new here but for me a good start must start by reading some ideas and asking some questions if ever you have your questions.As a starter,  all of us must be enlighten first before doing the next step.
sr. member
Activity: 554
Merit: 251
September 05, 2017, 06:01:54 PM
#12
https://bitcointalksearch.org/topic/m.21531594

Have a look at a thread I made yesterday.
full member
Activity: 210
Merit: 100
September 05, 2017, 04:22:39 PM
#11
The best thing anyone could do when engaging to something new for his/her is to equip themselves woth necessary knowledge.
So my advice to you is read and research continuously, especially with crytocurrency topic which are of great interest to you.
And of course if you wanted to be able to freely communicate in this forum you should also read about their rules and regualations.
full member
Activity: 235
Merit: 100
September 05, 2017, 07:52:20 AM
#10
I'm just new at this bitcoin system. Could you please enlighten me about the potentials here, and, what are the practical steps that I should do?
Welcome to you,
The first time you should to know about the rule in here, you can check Bitcointalk.org Rules , Educating people about crypto currencies is the main purpose of this forum anyways so better take advantage of the chance to learn and earning in the process. welcome to bitcoin forum, success for you  Wink

Thanks for the info.  Im also a newbie and this reply goes for me also.
newbie
Activity: 14
Merit: 0
September 05, 2017, 06:50:04 AM
#9
Welcome to this forum
I think these are the things which will get you started.

1.start reading here in beginners and help
2.post till you rank up
3.activity updates every two weeks
4.if you reach junior mem its time to join signature campaign


thank you!!
full member
Activity: 266
Merit: 106
September 05, 2017, 04:02:07 AM
#8
You will need first of all to learn about bitcoin. Understand how it works and why it matters. When you'll understand idea behind you'll understand it potential. It's impossible to explain in one post. Here you are some links which will held you
1. Book "Digital gold" N. Popper (you can download it)
2. Book "Mastering bitcoin" A. Antonopoulus  (same, you can download it)
3. This video will help to understand how economics works, that is crucial for understanding importance of bitcoin https://www.youtube.com/watch?v=PHe0bXAIuk0
Hope this will help you
Best
hero member
Activity: 1190
Merit: 534
September 05, 2017, 03:46:19 AM
#7
Welcome on board, you are an early adopter as we have yet to reach that tremendous number of people using digital form of fiat currencies so don't think that you are late.

Now coming back to your question, you have already answered your question in the question itself. You are new and thus you need to start reading and understanding more about it. Fortunately, you are on the right platform to gain tremendous knowledge about Bitcoin and related topics. Do not start trading or investing in Bitcoin or altcoins right away before investing your time in adopting the things and understanding it. Use the search box in the upper right corner to find the answer to your queries.
full member
Activity: 952
Merit: 104
★777Coin.com★ Fun BTC Casino!
September 05, 2017, 03:07:13 AM
#6
Welcome to this forum
I think these are the things which will get you started.

1.start reading here in beginners and help
2.post till you rank up
3.activity updates every two weeks
4.if you reach junior mem its time to join signature campaign

Thank you for the information, now i know what to do since i am also new to crypto currency. This information you give will serve as my guid to learn and to earn at the same time. I better start reading now.
member
Activity: 94
Merit: 10
September 05, 2017, 01:05:36 AM
#5
Welcome to this forum
I think these are the things which will get you started.

1.start reading here in beginners and help
2.post till you rank up
3.activity updates every two weeks
4.if you reach junior mem its time to join signature campaign
sr. member
Activity: 684
Merit: 250
Early Funders Registration: monartis.com
September 04, 2017, 09:39:38 PM
#4
I'm just new at this bitcoin system. Could you please enlighten me about the potentials here, and, what are the practical steps that I should do?
Just to the basic when youre at school always read and listen to your teachers. No special skill are needed as long as you obey the rules, dont be in hurry and your in a right way.
sr. member
Activity: 546
Merit: 250
September 04, 2017, 09:17:19 PM
#3
I'm just new at this bitcoin system. Could you please enlighten me about the potentials here, and, what are the practical steps that I should do?
Welcome to you,
The first time you should to know about the rule in here, you can check Bitcointalk.org Rules , Educating people about crypto currencies is the main purpose of this forum anyways so better take advantage of the chance to learn and earning in the process. welcome to bitcoin forum, success for you  Wink
member
Activity: 182
Merit: 11
September 04, 2017, 07:41:03 PM
#2
First of all you should do a lot of reading Smiley Youtube also helps.
member
Activity: 116
Merit: 10
September 04, 2017, 07:26:06 PM
#1
I'm just new at this bitcoin system. Could you please enlighten me about the potentials here, and, what are the practical steps that I should do?
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