I am an aspiring crypto-head searching for answers, tips and tricks. The more I hear about the world of Cryptocurrencies the more i feel behind.
Through this post I intend help myself and others in my position learn the basics of Cryptocurrencies.
What are the first 10 steps to take when entering the cryptocurrency world?
Please comment below to help us grow.
What 10 steps? Start with one...find an exchange...get some money into it...buy a coin or two and start to feel the excitement...the rest will follow.
First - learn the core concept of what a bitcoin is
Second - learn how and where to buy and withdraw bitcoin, specially withdrawing because buying is usually easier.
Third - find what you want to do with your bitcoins.
Four - Watch out for Scams! they are everywhere in the bitcoin world!
Five - hold on your coins, it's only the beginning of the crypto frenzy!
Six - Stay informed! Read the news! Learn about new coins and technologies around it!
Seven - You have to keep the pressure off because the world of crypto is full of stress, for that I use the magic wolf trick, I jerk off. That's right, two or three times a day, keep the blood flowing.
Eight - Well by this time you should know what to do, I ain't a specialist...
Nine - That means No in german
Ten - That probably means something in japanese.
Here you go buddy! Have fun!
The next steps depend on what you choose to do with it:)
8, 9 and 10 are definitely my favorite points lol Joke aside 1-7 are extremely helpful and as little as invested as i am so i can definitely see the pressure coming. Thanks for the tips! I hope your comment can help many of us.
1.) Watch a video or 2 explaining crypto-currency (basics)
2.) Watch a video explaining the basics of blockchain tech
3.) Get yourself a wallet (*e.g. Coinbase)
4.) Buy some shit (Ether, Bitcoin, Zcash, Monero, Steem, etc...)
5.) Learn more about it...
6.) Do some transfers, exchanges between accts
7.) Learn
8.) ...lots
9.) ...more
10.) Get a crypto debit card!
I like point 2. I definitely need to learn more about blockchain tech. Thanks for the comment, I really appreciate it!
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