The Bitcoin (crypto) Beginner's Guide

[SilverDoge]

Just ordered a Nano S...can't believe how long the backorder is on those things. Won't ship til March 26 but better late than never.

5 available right now: http://www.bullionstacker.com/viewtopic.php?f=102&t=26739

[Preludedude]

Everywhere I read it says to order the Nano directly from manufacturer...Lots of fakes and potential scammers....

[joefro]

I ordered mine from France directly from the company's website. I paid a small foreign transaction fee and it took about a week to arrive, but it was still cheaper than buying on eBay or Amazon.

[silverpv]

Just ordered a Nano S...can't believe how long the backorder is on those things. Won't ship til March 26 but better late than never.

5 available right now: http://www.bullionstacker.com/viewtopic.php?f=102&t=26739

4 now.. will update. Mine are factory sealed.. Ordered from factory in france.

[BarsandStars]

damnit I wish i saw that before ordering

[ttitle]

Robinhood is going to offer fee-free crypto purchases starting in February for Bitcoin and Ether.

If you aren't familiar with Robinhood, they offer free stock trades too. Here's a referral link:

Join Robinhood and we'll both get a stock like Apple, Ford, or Sprint for free. Make sure you use my link. http://share.robinhood.com/travist121

[highroller4321]

Robinhood is going to offer fee-free crypto purchases starting in February for Bitcoin and Ether.

If you aren't familiar with Robinhood, they offer free stock trades too. Here's a referral link:

Join Robinhood and we'll both get a stock like Apple, Ford, or Sprint for free. Make sure you use my link. http://share.robinhood.com/travist121

I believe that they also have their own crypto app.

[SilverDoge]

Good video on Binance

Good video and very interesting. Operational for only 6 months. Over 5,000 projects are trying to get listed. Wow!

[AndeanCat]

I don't quite get it (insert Tom Hanks in "Big" where his character says, "I don't get it."). I have a Blockchain wallet with 0.1 BTC and 0.1 BCH. I don't get how to transfer or ask for money when the time comes to sell. I guess I'll look for YouTube videos. There's needs to be a simpleton version of all of this..LOL.

[Tractor Man]

All crypto beginners need to watch this. ST has figured it out.

[Silversaving]

Pretty funny. Guys a complete idiot....but it's funny!

[Brick's]

I started with Doger's Binance, went to Tractor Man's ST and some how ended up here with From Bitcoin To Hashgraph: The Crypto Revolution - Hidden Secrets Of Money Ep 8 - Mike Maloney. And even though I've been shown how to post these a half dozen times over my technotardation shines through

https://www.youtube.com/watch?v=SF362xxcfdk

Starts 3:00 min in. I like this.

[Purple and Gold]

For those unaware about the origins of the HODL term or meme, here is the original post that started it all.

https://bitcointalk.org/index.php?topic=375643.0

Whiskey bottles and brand new cars, oak tree youre in my way...

[Bucketeer]

Just HODL. Hold On for Dear Life.

[MaxGravy]

[Southpaw]

I like it

[Brick's]

Clever indeed.

[Brick's]

Ok, I managed to register to Binance (BNB) and log in. Miracles still happen. Now I'm totally noobing out. So it looks favorable to buy some BNB to reduce my fees by 50%. Sounds good as I like BNB anyway. But, then if flashes I need to 2FA authentication so I don't get ripped off. Two-factor authentication, I have a vague idea. Choices are SMS (no idea) and Google (used only for searching information and mapping).

The idea will be to POS some Cryptos on a cheap laptop (already ordered, arrive in about two weeks) and transfer to a cold (hardware) wallet once it has significant value. So my questions are: Do I really need 2FA and if I do, is it going to be technically painful to make it happen? In my mind simpler is better as I have a low frustration factor when it comes to technology. And is there an Idiot's Guide to Buying on Binance? Because I'm still trying to figure it out. And, what is a good amount of BNB to start out with as I was considering it for a later purchase anyway. Perhaps number 4 or 5 down the line.

Taking a break from buying crypto now in order to decompress. Hoping to get some workable feedback. Cheers to all.

[MaxGravy]

Ok, I managed to register to Binance (BNB) and log in. Miracles still happen. Now I'm totally noobing out. So it looks favorable to buy some BNB to reduce my fees by 50%. Sounds good as I like BNB anyway. But, then if flashes I need to 2FA authentication so I don't get ripped off. Two-factor authentication, I have a vague idea. Choices are SMS (no idea) and Google (used only for searching information and mapping).

The idea will be to POS some Cryptos on a cheap laptop (already ordered, arrive in about two weeks) and transfer to a cold (hardware) wallet once it has significant value. So my questions are: Do I really need 2FA and if I do, is it going to be technically painful to make it happen? In my mind simpler is better as I have a low frustration factor when it comes to technology. And is there an Idiot's Guide to Buying on Binance? Because I'm still trying to figure it out. And, what is a good amount of BNB to start out with as I was considering it for a later purchase anyway. Perhaps number 4 or 5 down the line.

Taking a break from buying crypto now in order to decompress. Hoping to get some workable feedback. Cheers to all.

2FA can be a text message (SMS). Binance trading fees with BNB aren't bad but be careful before you withdraw to a wallet. I've seen fees as high as 13%, which is why I still have balances there.

[BarsandStars]

Buy a few BNB and you'll be a good for a while unless you plan to do a lot of trading. I bought mine @ $22
Unless it drops by more than 50% AGAIN, you'll come out ahead using it to pay trading fees.