Topic: What I got from my Friend about Bitcoin (Read 480 times)

Your first suggestion is actually quite good for someone who just knows about the crypto market or Bitcoin, because people who just know about the market or Bitcoin don't need to immediately act to buy some sats. Because he still needs time to understand several things related to the market and what assets are in it, even though in the end it also requires experimenting with small funds. But experiments with any amount of funds can still be done later when he already knows more about the market and all the assets in it.

Not everyone has time to teach him all she/he want to know and its already good that he know the basic things since he already get some idea about bitcoin and where he can use this coin. Also good that he came to this forum since there's a lot of guys can answer his question if he post something that bother his mind and want to know certain opinion of the people. Now its up for him if he pursue it since not everyone can really handle the pressure since starting up is very hard process for a newbie. Plus they need to deal with their investment and at earliest part of their investment they are prone to lose their money that's why they need to do a self research regarding on everything they want to learn since sometimes your own research is more important rather than those suggestion given by other people.

For the fact that you are starting your bitcoin joining on the forum you won't regrete it. The forum will let you to understand the things you need to know about Bitcoin. Apart from being a good hodler it is very important for beginners to have the understanding of securing wallet and to understand the strategies in which scammers use in getting people. Your friend introducing the forum to you is a good one ,it means you are not alone as you start journey but with other forum members who can share good ideas that will be very beneficial to your to your investment. Take your time and get better understanding of bitcoin and never be in a rush.

hi buddy, welcome to the largest bitcoin discussion forum in the world, feel free to ask about anything you don't understand, the seniors in this forum will definitely give you help.  what your friends recommend about bitcoin is good luck for you, not many friends are willing to give advice and also their insights about useful things like bitcoin, based on the post you made, you have a strong intention to invest in bitcoin, never save  keep your bitcoin in CEX, keep it in your personal wallet so that the bitcoin you have remains safe.

Yes that's true compared to learning from his friend and I think hus friend won't even taught him all she knows. Anyway, his friend didn't do it and suggested to join this forum and that means OP will find the information himself instead of just taking information from his friend although there's nothing wrong with asking information or knowledge from a friend or someone but if you do it all of the time or most of the time then that person will become lazy to do his/her own research. In short, that person will become dependent to someone.

great that his friend suggested to join this forum and not force him to learn things from him. just roaming around and educating yourself about this market, will assist him on what decisions he needs to make. he doesn't need to purchase btc on his first week or couple of weeks knowing about this market. but if he ever buy some sats, better try it with small funds first and see where it leads him as he navigates the world of crypto.

You should be the one who will decide whether you invest or not and you should think that what your friend has told you is an advice for you on what to do. There are other things you can do too like mining if you have the money to spend on mining rig to mine Bitcoin. It's good that you make some research and you should continue doing so to learn more and become knowledgeable in crypto and earn money in the future.

It's like a friend for keeps because of the knowledge that was shared to her.

Any question related to investing especially in Bitcoin and the market itself. Should she have any doubts to her decisions, it's fine to ask it to the community.

But OP, maybe you'll get some random messages from unknown people. Don't be too gullible to believe such tips given to you and that's why you need to verify it per se because some might attempt to scam you.

Consider taking more time understanding the investment proposal. Bitcoin and altcoins (Alternative Coins to Bitcoin) are volatile, that means that your investment could get profit or a loss in a short period of time.
I suggest you to read around, specially the forum rules so you'll be guided accordingly by the rules.
Welcome to the forum and wishing you the best of luck!

She guided you on the right path by introducing you to the forum, here we have very experienced users that'll guide you on any things that you're yet to understand about the industry so don't be shy to ask questions and when you get respond don't concentrate on how the message was pass but get the message and use it to your benefits. Considering the way the fiat cureency is getting disvalue everyday, investing in Bitcoin is the best hedge against inflation because not only does Bitcoin gives you protection to your wealth but it also add more value to it as your money keeps growing when you Invest in Bitcoin. The forum is very easy to use as if you don't break any forum rules you won't have any challenges so listen to what those above have said as they must have directed you to some rules and regulations thread while they were welcoming you to the forum.


The forum has millions of users (although most account are inactive) so obviously most username that you would have thought of, someone else might have thought of the username before you but Incase of next time you encounter such challenges on other platforms, just add few extra numbers or alphabet and you'll get cleared. As you have indicated interest in investing in cryptocurency, I would recommend you start with Bitcoin and stay with Bitcoin and you won't regret it like most of us did when we didn't take investing in Bitcoin seriously but were deceive by the way altcoins marketed their products and we found out the hard way that they're all full of garbage. After investing in Bitcoin, take the security of your investment very personal by buying a hardware wallet or using a non custodial wallet and not leaving your coins on exchanges or custodial wallets.

I can tell you're excited to be here, and you did the best thing by learning about bitcoin and joining this forum. It's important to understand that this forum won't just point you in the right direction; it will also give you plenty of reading material to keep you informed. Also, your friend who told you about this forum should be grab close because she has done the best thing for your friendship.
If you have learned a lot about bitcoin, then you can start buying your coins as you had intended. Don't be afraid to start with a small amount and increase it gradually. Take your time and read everything that will help you through your investment. I believe you should have known the risk in it before investing, so try and learn everything before getting to investment. All of the links that are being sent to you are very important, so open them and read more. This forum is all about understanding.

What do you want to focus on with Bitcoin? That's because Bitcoin is so vast. If you want to invest or trade, then multiply the knowledge you want to master. So ask a lot about what you want. In addition, many discussions, questions and reading on the trading board, it will make you master faster. But you don't be lazy to read, it will make a lot of garbage questions that recur. All knowledge is in this forum, you are quite diligent in reading and asking. Because there will be a lot of validation from friends here.

I will tell you that this you friend is one of your best friend so hold her tight because she lead you to a straight path in time of financial freedom, and I'm very happy to you as a bitcoiner an assure you, you will never regret buying it.

There are more to cryptocurrency which I wil expect you to ask your friend very well about the risks involved so that you can't fall on it. Has your here now many things will be easy because the forum will guide you in any information you need about bitcoin or Cryptocurrency at large, now welcome to the forum.

I don't know how familiar you are with Bitcoin, but before investing you should definitely consider its positive and negative aspects before making an investment decision. Investments should be made with money that is not exposed to loss if held for a long period of time. Not only that, where to keep the deposited bitcoins before investing is also a key issue. If you don't choose a secure wallet, it can be risky to hold your bitcoins for long term. Almost as we say "Not Your Keys, Not Your Coins" If you are new you should learn it. but if your amount is less then you choose temporarily any bitcoin wallet or top class exchange wallet but definitely need a safe bitcoin wallet for long term and big investment.

Seem like, you are a person who is bit easily influenced by people. Luckily, you are in the right person who tell you about bitcoin. And, maybe, if your friend tells you to invest to another coin, you will come too and follow in what he suggests. Dude, if i were you, I will not be easily influenced like that, I will look for overall data information I received and don't just accept it straight away.

The forum has over 3,5 Million + member registered which I think you will dificult to use username hasn't been used. to avoid that, you can use https://bpip.org and put that username you want to use on search username box, if it has been used, the website will display the username which you can't use it as username forum.

Welcome to the forum, I hope you have found a lot of information that will help you plan your investment for the first time. The first coin that might be worth having for you to start with is Bitcoin, just focus on researching so much information related to Bitcoin. it's better not to think too much about altcoins or memecoins from new projects first. Bitcoin is the best of all.
I also hope your friends don't leave you without guidance. It would be better if you also get guidance from your friends regarding this forum. You might find it easier to find information or anything that sometimes makes things difficult for beginners.

You made the correct choice by joining the forum, and I am confident that if you can follow the guidelines, you won't regret joining the forum. Take your time reading the forum rules and guidelines to ensure that you don't break any of them. Everything you will learn on the forum is free.

Waw, this is serious. I was just thinking about the reason why you created this thread, but after seeing this particular part, it’s just kind of funny to me. Is all this necessary? You don’t have to tell us all the procedures that you followed when registering on the forum, it’s of no use to anyone here or in the forum, and no one cares about your intended username being chosen before. Since you have successfully registered, then it’s fine, you don’t need to tell us your story.

You are going to learn anything you wish to learn about bitcoin and cryptocurrency here, just make sure you go through different sections here to learn, and you can ask questions in case there is anything you don’t understand. But before creating a thread, make sure you use the search button first to confirm if similar questions haven’t been asked previously.

Before you make bitcoin investment, make sure you learn the basics of bitcoin and cryptocurrency. Don’t be in a rush to invest because you might end up losing your investment if you don’t properly secure your bitcoin.

Your friend has advised you very well, for that I thank your friend. Bitcoin has gained a lot of popularity in the present time, it is because of your friend that you came to know about Bitcoin easily. Your friend gave you better advice, which led you to join the Bitcoin Talk Forum. You should study regularly to gain knowledge from bitcoin talk forums. If you don't understand something then of course you ask here or you ask your local community. OP you said buy coins this week, I suggest you definitely buy bitcoins. When you buy bitcoins you buy by following the DCA method. You invest in Bitcoin and hold it for a long time. Hope you can earn a lot of profit.

While planning to buy your first coin this week, hope you already got the necessary or let me say the preliminary knowledge required of you which includes the knowledge on wallets and exchanges as well as safety? I would advice that you spend more time on researching about what you intend investing in and since you’re already on the forum, I want to say a big welcome to you and also to let you know that you’re on the right track an you should also fell to ask any question that might seem difficult for you as there are hundreds if not thousands of users who wil be willing to guide and assist you on the forum.
Good luck mate with your crypto journey.

I don't recommend newbies to buy Bitcoins when you're still acquiring knowledge because of the fact that you might not ready for the things to happen with your investment especially with how volatile Bitcoin is, but I guess you have a friend that will guide you through that so... yeah good luck with your investment journey.

TBH, I envy those people who have friends who are also investing into Bitcoin, and other types of investment as well. I don't have any friends that's also investing into crypto. I don't see anybody around me who's investing into different types of assets which is kind of frustrating (a little). It's good for you that you have a friend that will guide you. Use this forum as a platform where you can learn more about Bitcoin, and not a platform where you can earn money. Continue to learn, and information are everywhere already. You just need the initiative, and time to learn.

Good Luck OP, and welcome as well.