You are viewing a single comment's thread from:

RE: I Tried To Buy 10,000 Steem Last Night, But Failed. I Could Use Some Suggestions, Please.

in #steemit8 years ago

My advice is: be very cautious. I've been involved with cryptocurrency for about a year and a half and the biggest lesson I've learned so far is that unless you know what you're doing, it's like walking through a minefield. One false step and it can be a disaster.

This whole thing is very complicated. It is not easy and simple! Unless you're a computer geek, you might find it all overwhelming, as I have.

I've tried many wallets, read a lot, tried to keep up, watched tons of YouTube videos, moved coins around, etc., and the more I learn the more I realize how much more there is to learn.

I'm at the point now where I'm backing off from it and simplifying as much as possible. I have a Jaxx wallet and a Coinbase account, and I'm focusing on DASH and Steemit. And that's about it.

I wish you good luck with it.

Sort:  

Thanks for your reply. I, too, want to keep things rather simple. I don't have the time to read extensively about all the cryptos out there. Which is why I have been playing it safe and just earning Steem from posting! No financial loss there.