RE: It's frustrating to not have any prior knowledge of the Crypto-World! Drop some knowledge on me...

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It's frustrating to not have any prior knowledge of the Crypto-World! Drop some knowledge on me...

in crypto •  8 years ago 

It's easy!!

  1. Buy Bitcoin = coinbase.com
  2. Trade Bitcoin = poloniex.com
  3. Buy and hold Bitcoin, Ethereum, Dash and Litecoin Long term.
  4. Trade Altcoins for extreme profits
crypto
8 years ago by

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      ·  8 years ago 

    That's pretty reassuring that you referred to it as easy. Hahaha
    I'm gonna look into every word you said. Thanks! It is appreciated!

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        ·  8 years ago 

      Store it all in a Trezor!

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        ·  8 years ago 

      I've never heard of that. I will look into it. If I ever become a millionaire off of Trezor I'll know where I heard it first! Thanks for the input @btcmillionaire.

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          ·  8 years ago 

        Have a read of this - https://bitcoingamblingreviews.com/we-bought-a-trezor/

        I was so happy when I finally got one. You really need to keep hold of your private keys or you may lose all your coins!

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            ·  8 years ago 

          Ahhhh, well I feel dumb. lol I was thinking it was just another form of currency. I see. So instead of having an online wallet, this is basically an external wallet? That definietly seems a lot safer, especially with hacker geniuses lurking about. Thanks for exposing me to the Trezor! Better safe than sorry.

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              ·  8 years ago 

            No worries :) You definitely do not want to store a lot of Bitcoin on a web wallet. You don't have to use a Trezor (there are other solutions), but it is worth thinking about!

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