You guys know what you're doing, right?
Don't have an extensive amount of know-how on crypto and wallets, etc. How do I get in the game before crypto becomes obsolete?
Want to get started on crypto
Lucas Ward
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Luke Cook
go do research, lurk these boards, learn the lingo, watch youtube vids or search google when you don't understand something. It takes a lot of fucking work to get up to speed.
I only started ~3 months ago, turned my initial $5k into $110k so far (paper gains haven't really withdrawn anything) and plan to keep it up as long as I can.
Don't be afraid to make mistakes, you almost certainly will make some and they can be expensive. And don't be a sheep, if someone says "invest in this" don't just do it, understand why it would be worth doing, assess for yourself. Most people do not care about you nor have your interests in mind at all.
Nicholas Torres
You can invest in the ethino crowdsale. It will be a good starting point for a 10x or 20x
Adam Torres
user this video is the best primer on how crypto actually works.
youtube.com
You can think of wallets as entities that can store or transfer crypto. To have control over a wallet, you need that wallet's private key. You can create an Ethereum wallet at myetherwallet.com. Save the private key somewhere safe (offline). Most coins here are based on the Ethereum network (called ERC-20 tokens), and so most of them can simply be stored in an Ethereum wallet.
Angel Hill
To send funds to another wallet, you send them to that wallet's public key (sometimes just called address).
Acquiring crypto can be done through Coinbase or Gemini if you're in the USA. Hooks into your bank account, you deposit USD, and you place a buy order for Bitcoin or Ethereum.
Then go to more esoteric exchanges (esoteric to normies) like Binance and Bittrex to pick up the new and exciting coins with low market cap, high volatility, and high potential for growth
Christopher Ward
A lot of people get started everyday on Veeky Forums, I started a few days ago and made a few hundred already.
>Buy BTC
>find a coin worth buying on an exchange that you think will rise
>dont get greedy and sell when you reach an appropriate profit point
>repeat until rich
The issue is finding out which coin is worth buying and that require research, a positively safe one would be LINK right now but it's rising to it's all time high so you either need to buy now and hope it doesn't dip or wait for the dip. Good luck user and hope we all make it.
Blake Ross
You don't need to know shit about the tech, wallets, markets etc to do it. It's better if you know of course but it's an easy process.
Just google "how to get bitcoin" then buy some. After that I'd suggest choosing an exchange to trade between alts and stick to one.
Bittrex has more volume and choice for now but it's dying, Binance is growing fast as fuck and has less fees, easier to use and is more ergonomic.
Don't buy an alt because you like how the price moved on the graph, do some research and see if it has a lot of competition.
I'm stupid with computers and tech, bought my first bitcoins in 2013, traded them a lot but never had my own wallet. I just use exchanges and they provide a wallet you can create and use in 1 click.
They do way more money with the fees they take than they would stealing your coin, then they would also have to hide all their life.
Don't gamble your coins on risky pumps or shitcoins, you'll lose everything and be digusted of crypto. If you play safe and keep what you have you'll be wealthy in a few years when real money comes into the game and the crypto world goes x100 from now.
Zachary Roberts
would anyone suggest coss atm?
Andrew Morgan
As much as I would suggest going to the casino. Do it if you like gambling. The coin is shit but it can go x10 too for no reason.
They have way too much competition, including Link.
Carter Sanders
what do you currently do before investing in a coin?