Crypto Newcomers! Your Basic Q&As about Bitcoin and others - p1

in #bitcoin7 years ago (edited)

Most of the people are confused because of the huge amount of conflicting information (and that's for a reason) about cryptos.

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I have already read different information about the product, but didn't really have the time to get into the basic knowledge

They really don't know where to start.

I read that yo need an account at a different providers, after download a bitcoin wallet, connect with bank account or make a initial fund transfer to buy bitcoins and from that point to see how the market value evolves.

1st steps to do:

  1. Decide why you want cryptos (BTC or others..), like
    a. HODL! (what's HODL?),
    b. to trade (Types Of Trading | What Are The Different Types Of Traders?),
    c. to buy/sell goods (coinmap),
    d. money laundering and tax evasion or
    e. to understand the revolutionary technology behind.
    f. If you can continue the list, let me know, i am curious ;)
  2. Where you want to deposit the money from and where you want to withdraw (if you want to do such a dumb thing at all)?
  3. Can you take responsibility for your assets?
  4. Do you believe in mass media?
  5. Do you have time and energy to learn about new technologies and developments?

to be continued… if don't, just ask for it ;)

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This post has received a 1.56 % upvote from @drotto thanks to: @banjo.

Wonderful information. Thanks

Thx. But i can't see your upvote, not even a repost.. you read the Welcome — Steemit page?

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