Topic: What do I need to know has a newbie (Read 373 times)
As far as you are in the this forum you are in the right part. The forum will help you how to go about investment. The forum won't encourage you go into an investment that may seems difficult for you. What you need to know as a newbie, bitcoin can't make you to be rich if only depend on bitcoin without any source of income.
If you want to buy a hardware wallet make sure it's open source, if you don't know already not only hot wallets are closed source we have some hardware wallets that are closed source too, DYOR.
I have been experiencing some financial difficulties due to the inflation I explained my situation to my friend about plans on how to secure my Investments since I'm already used to the character of saving but have little knowledge of bitcoin and investment in it and my friend introduced me to bitcoins and this forum I'm really glad to be here please what must I know?
Inflation is a global phenomenon, but there are some situations that the inflation rate is higher than the normal inflation of a country such scenario are war, high level of demand/scarcity of a good (s) and other disasters. Investment is the best business ever in everyone's life. A man without Investment is like a failure to his children. Because when he has passed on the children have to take over from where he has stopped.
Saving money in one's custody is one of the dangerous thing in life. Even you that own the money will not sleep well. Because you will be thinking of arm robbers and others unrest things in mind.
There are lot of things to be Known. Read the rules in any forum you are visiting and abide on the rules then you are good to go.
I have been experiencing some financial difficulties due to the inflation I explained my situation to my friend about plans on how to secure my Investments since I'm already used to the character of saving but have little knowledge of bitcoin and investment in it and my friend introduced me to bitcoins and this forum I'm really glad to be here please what must I know?
You must know that plagiarism is a very big taboo over here, and if you must get something from somewhere else, then you have to always reference it.
You have to know that here, tribalism and racism isn't tolerated, as all members are treated equally according to your ranking.
I want you to also see the forum as a school, which you'll unlearn,learn and relearn as learning never ends which is very practical in the forum.
Members are been ranked according to their efforts put into writing that got the attention of people to be able to like it enough to Merit it. See below for ranking details here https://bitcointalksearch.org/topic/what-is-the-ranking-system-in-bitcointalk-282350
Always try as much as possible to write quality and meritable post, as short words like wow, great, nice, etc isn't nice and might not earn you a merit for your next ranking.
To get full list of things you need to know as a new, click below
https://bitcointalk.org/index.php?board=1.0
Have gone through most of the comments and I can say I have gotten alot of advice and steps on how and where to start from or go about it.
That's a great move, if you've read and responded to some of the suggestions from the more junior forum members here.I'm sure you here can start and end well, this forum has good information and developments that you can learn especially about crypto such as Bitcoin, investment, trading, Meta, exchange and so on, the bottom line: you have to have faith and willingness to learn well, to be honest we were the first to come here, also have the same experience and things as you, with persistence and willingness we want to learn, so that we can achieve what we want especially about crypto investing and trading.
I have been experiencing some financial difficulties due to the inflation I explained my situation to my friend about plans on how to secure my Investments since I'm already used to the character of saving but have little knowledge of bitcoin and investment in it and my friend introduced me to bitcoins and this forum I'm really glad to be here please what must I know?
looks like you will like Bitcoin Investment from your habit of saving.to find out about Bitcoin, you can visit the Bitcoin Discussion board. you can find a lot of information there. technology, news, and also developers.
It is also important that you know the Bitcoin market and cryptocurrencies in general. you can visit the Trading Discussion board.
the forum may not be able to provide all the complete information. but don't hesitate, you can ask here.
It has been really helpful, and I just want to say thank you to everybody.
Welcome to the forum, feel free to ask more questions in case you become confused. I can relate to your story, and it is a good place your friend has introduced you to, he has also put you on a path to financial independence with him/her introducing you to cryptocurrency instead of helping you temporarily with money which would have been good also but sadly a temporary solution to your financial problems. That is an example of the type of friend to keep.
Have gone through most of the comments and I can say I have gotten alot of advice and steps on how and where to start from or go about it. It has been really helpful and I just want to say thank you to everybody. I really appreciate the advice and guidance on how to go about the whole stuffs.
I have been experiencing some financial difficulties due to the inflation I explained my situation to my friend about plans on how to secure my Investments since I'm already used to the character of saving but have little knowledge of bitcoin and investment in it and my friend introduced me to bitcoins and this forum I'm really glad to be here please what must I know?
Your story look like mine. Although it been long I registered in the forum but since I am novice about bitcoin I was not having the interest in it but a brother and a friend of mine encouraged me to participate so I can learn well.
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A good example to consider is the fact that hardware wallet providers have been breached in the past, leading to emails, names and addresses of their owners made available on the internet for the delight of scammers and whatnot. If one can make the purchase physically in a reliable shop (i.e. official reseller - which may likely be impossible in many geographical locations), it is certainly something to ponder, as he’d avoid leaving any data behind, especially if the purchase is made in cash. That does not rule out needing to perform the necessary tamper checks, which is something to do regardless of where it was bought.
Do not buy a hardware wallet from a store nearby or an online marketplace, make sure you order the product from their official website, either Trezor wallet or Ledger wallet make sure it's coming from them officially.
While generally it's good suggestion, take note some hardware wallet including Trezor and Leder have official/authorized reseller[1-2] (whether it's physical or online store). You also could avoid high shipping fee or import tariff/fee depending on where you live.
[1] https://trezor.io/resellers
[2] https://www.ledger.com/reseller
Do not buy a hardware wallet from a store nearby or an online marketplace, make sure you order the product from their official website, either Trezor wallet or Ledger wallet make sure it's coming from them officially.
I have been experiencing some financial difficulties due to the inflation I explained my situation to my friend about plans on how to secure my Investments since I'm already used to the character of saving but have little knowledge of bitcoin and investment in it and my friend introduced me to bitcoins and this forum I'm really glad to be here please what must I know?
Welcome to the forum, I think the users above me already mentioned the first thing you should about the which Is you should go true the forum rules. Since you said you are used to character of saving, I will tell you their is difference between fiat saving and bitcon, if you are saving fiat your savings those not increase or reduce, but when you come to cryptocurrency their is always volatility, after investing in bitcoin don't be suprise if you see your money reducing, I think most newbies always have wrong mindset before joining cryptocurrency, they believe immediately they invest, they are already in profit, but bitcoin is not like that, you can invest and still be at lost, but we should always learn to Hold.
Also make sure you avoid altcoins if you want to have rest of mind, the best project which I will recommend for you is bitcoin, since you are used to savings, then am sure you will be able to hold.
In Cryptocurrency space, scammers are everywhere and scammers are coming up with with new strategies just to defraud people daily, since you are newbie they are always targeting people like you, my little advice for you is that don't trust anybody you meet on social media, and don't share you private key with anyone, don't let anybody brainwash you.
I'm really glad to be here please what must I know?
Just make sure that you read the rules of Bitcointalk in order to not get banned from the forum. I believe that this forum is a good place to learn about cryptocurrency and ask anything you want. The forum is divided into various tech and non-tech categories, so there's plenty to choose from. With that said, don't be afraid to throw your own hat in the ring with a new post from time to time. It's a great way to make your voice heard on subjects you feel strongly about, and some good exchanges often develop as a result. Also, don't be afraid to ask questions, as those most often make for the best threads. There are plenty of friendly people on the forum who are more than willing to lend a hand as you navigate your way through the world of cryptocurrency for the first time. Good luck, and happy posting!
The most important thing is that the forum rules must be obeyed, it is one of the important things so that discussions in this forum remain orderly.
Came to this forum wanting to know more about Bitcoin knowledge I know it's a good way people around this forum will give some advice and maybe a resource where you can learn about Bitcoin, maybe here https://learnmeabitcoin.com/
If you have a character that saving is good and can be implemented in Bitcoin with several strategies maybe by doing DCA (Dollars Cost Averaging Bitcoin) it will be much better for you to invest in Bitcoin and be able to accumulate it.
About some other guides maybe this is important for you as a beginner to learn it. > Beginners & Help Encyclopedia
Came to this forum wanting to know more about Bitcoin knowledge I know it's a good way people around this forum will give some advice and maybe a resource where you can learn about Bitcoin, maybe here https://learnmeabitcoin.com/
If you have a character that saving is good and can be implemented in Bitcoin with several strategies maybe by doing DCA (Dollars Cost Averaging Bitcoin) it will be much better for you to invest in Bitcoin and be able to accumulate it.
About some other guides maybe this is important for you as a beginner to learn it. > Beginners & Help Encyclopedia
Hello, I am pleased to welcome you to this grateful forum. This is a place that you learn many things if you are so interested to learn. You can see members are always willing to help as you dropped your question they have welcomed you and many good answers have been giving you. It is left for you to put them in practice.
I have two advice for you which are;
1. Try your best to learn and learn as much as you can before you think of to earn from the forum.
2. Avoid plagiarism (copying other people's work, passing them as yours without referencing them), so that you will last long in the forum.
I have two advice for you which are;
1. Try your best to learn and learn as much as you can before you think of to earn from the forum.
2. Avoid plagiarism (copying other people's work, passing them as yours without referencing them), so that you will last long in the forum.
Hey, welcome to the community. There are a few suggestions already about the forum and rules. So these will help you to learn more about the forum. Regarding Crypto investment, just don't over-expect and don't try to become wick rich at all. Always avoid greedy offers if you found, first share them with the community before you lost funds anywhere. Always you will get the best suggestions from the forum. Be very careful when choosing an altcoin to invest in rather than Bitcoin. Understand the market very well before you invest a big amount. Invest that you can afford a loss, Bitcoin market is highly volatile and you may lose a lot.
I have been experiencing some financial difficulties due to the inflation I explained my situation to my friend about plans on how to secure my Investments
The inflation right now really really has a bad impact on the economy of many people, I'm sorry for what your country is going through.since I'm already used to the character of saving but have little knowledge of bitcoin and investment in it and my friend introduced me to bitcoins and this forum I'm really glad to be here please what must I know?
it is good if you ask like this from the start. @passwordnow has given the best thread for you to learn from the beginning, many are lazy to read it, the important thing is not to make spam posts, burst posts, threatening posts, or plagiarism posts because it is absolutely prohibited in this forum, the sanctions you can receive are a red flag and your account is banned from this forum.keep learning because all members in this forum are like that too, good luck!
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Welcome on board. What will help you in your cryptocurrency journey is having knowledge but in this forum, the one thing you need to know is that rules and regulations are the number one priority on this forum.
Read this user fillippone thread that was created to teach the average Joe about Bitcoin
Read this user fillippone thread that was created to teach the average Joe about Bitcoin
Since you already have the character of saving, that means holdling bitcoin for a long won't be difficult for you to do. Your friend knows how beneficial it is to have your assets stored in bitcoin that's why he introduced you to bitcoin and the forum, at least to have the necessary knowledge about crypto investment.
Have in mind that crypto is not a get-rich scheme. Don't invest in what you can't afford to lose. The Crypto market can go soar within a twinkle of eye
Yes, it will be easy for someone that has character in saving to have the needed discipline to hold cryptocurrency for the long term. However, I will advise the OP to prioritize his/her investment in Bitcoin which will always be the safe haven in the cryptocurrency market.Have in mind that crypto is not a get-rich scheme. Don't invest in what you can't afford to lose. The Crypto market can go soar within a twinkle of eye
First thing to know is the rules. Rules are all that keeps it toegthee here and should you wish to last as long as you would want and the forum exists, it would be in your best interest to keep the rules.
Secondly, its best yo have it at the back of your kind that this is a learn by discussion platform. You could also learn by just reading but, participation actually puts you out and you don't need to push it or force it to be involved. You just do your best to do you so lo g as its legal and hope that the community finds you interesting.
Thirdly, bitcointalkforum isn't an avenue for money making although, you can make some spare income outhere. Just see it as an addition or reward for adding to its content and the world of cryptocurrency.
Secondly, its best yo have it at the back of your kind that this is a learn by discussion platform. You could also learn by just reading but, participation actually puts you out and you don't need to push it or force it to be involved. You just do your best to do you so lo g as its legal and hope that the community finds you interesting.
Thirdly, bitcointalkforum isn't an avenue for money making although, you can make some spare income outhere. Just see it as an addition or reward for adding to its content and the world of cryptocurrency.
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