Author

Topic: Starting out with bitcoin trading. (Read 499 times)

hero member
Activity: 938
Merit: 1000
November 09, 2013, 01:01:08 PM
#5
How do I setup an offline wallet?

Or learn to use paper wallets generated off-line. Test it on small amounts first if you doing all right
newbie
Activity: 2
Merit: 0
November 09, 2013, 12:34:56 PM
#4
Offline wallets are a feature of some of the advanced programs like Armory.
member
Activity: 75
Merit: 10
November 09, 2013, 10:27:59 AM
#3
Thanks for your replies.

How do I setup an offline wallet?
newbie
Activity: 42
Merit: 0
November 09, 2013, 10:17:28 AM
#2
Can anyone let me know what do I need to start out?
Learn more about bitcoin. Especially the legal aspect. Your post gives me the impression that not only have you not done much research, but you're looking at bitcoin as a get-rich-quick type thing.

If I'm not mistaken all I need is a bitcoin wallet and some funds to start trading USD for Bitcoin, correct?
Basically, yes.

How do I get a wallet?
The exchange you're trading at (Bitstamp, Coinbase, BTC-e) will provide one for storage. If you get a lot of bitcoin you should move it to a external wallet, preferably a offline one.
member
Activity: 75
Merit: 10
November 09, 2013, 10:04:30 AM
#1
Hello I'm looking forward to start trading bitcoins.

Can anyone let me know what do I need to start out?

If I'm not mistaken all I need is a bitcoin wallet and some funds to start trading USD for Bitcoin, correct?

How do I get a wallet?
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