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Need information about cryptocurrency.

Discussion in 'CryptoCurrency' started by krhnsfk, May 11, 2017.

  1. krhnsfk

    krhnsfk Junior Member

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    So, i'm looking to buy cryptocurrency. Most likely bitcoin and etheruem, but since i never bought cryptocurrency before i need help with wich wallet to choose from and what is better wallet on pc or smarthphone?

    I will also need to know where to buy AND where to sell them later.
     
  2. renzzzzzo

    renzzzzzo Registered Member

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    Would like to know as well, I am in the same boat as you are right now.
     
  3. mak3r

    mak3r Jr. VIP Jr. VIP

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    If you know nothing about crypto it's better for you to not deal with them. They have always been a big gample but today they are even more volatile than ever.
     
  4. renzzzzzo

    renzzzzzo Registered Member

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    Long-term investing in them with some left-over money is what my plan is.
     
  5. Inception_AC

    Inception_AC Jr. Executive VIP

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  6. I know SEO

    I know SEO Marketplace Mod Moderator

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    Moved to the crypto forum.
     
  7. ldiaz117

    ldiaz117 Junior Member

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    You can buy and sell both of those on CoinBase.
     
  8. Vapys

    Vapys Regular Member

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    Exodus or Electrum
    Both good digi wallets, check their fees and decide.
    Good luck
     
  9. Lisa Baker

    Lisa Baker Newbie

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    If you create a bitcoin wallet you can access it from your pc as well as your smart phone.... and now speaking of selling you will get a whole number of platform, you can do direct trading or use it in some purchase, or sell to a person.
     
  10. THUNDERELVI

    THUNDERELVI Elite Member

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    Best wallets for storing:

    1) Hardware - Ledger (if you have a lot of money stored in cryptos use this one)
    2) Electrum - best wallet for storing BTC, has apps for most platforms
    3) MyEtherWallet - best wallet for storing ETH, web only

    As I only deal with ETH & BTC for long-term holding at the moment, these are the 2 wallets I use. For any other coin, use exchanges or the coin's personal wallet (risky though since they own your private keys) - Bittrex is my favorite as I haven't had problems with it so far and the deposits take a few minutes only to appear in your account.
     
  11. PinguSpy

    PinguSpy Jr. VIP Jr. VIP

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  12. Rank 360

    Rank 360 Jr. VIP Jr. VIP

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    Try Coinbase wallet. Its very fase and secure.
     
  13. punk434

    punk434 Junior Member

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    WEB Wallets : Blockchain.info(BTC and ETH), Myetherwallet(only ETH and Ethereum based coins)
    Hardware : Ledger Nano S,
    Desktop : Electrum, Bitcoin Core
    Android : mycellium

    Since you don't know where to start.You can directly buy bitcoin from Blockchain.info.It is better to start with a popular web wallet like Blockchain.info.Even though coinbase is a wallet it is more of an exchange.So security is less than Blockchain.info.

    Hardware wallets are better but you need to take care of them about not getting lost.

    Desktop wallets are safe and best among all.Electrum is lightweight and best.

    Android users can use mycellium safely.
     
  14. Yurio

    Yurio Newbie

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    Биткойн был прибыльным только тогда, когда он стал диким. Было выгодно спекулировать.
    Тогда это стало выгодным для тех, кто продал / сдал оборудование для добычи.
     
  15. strongsteel

    strongsteel Newbie

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    There's a good full on step by step guide that helped me a lot that explains everything you need to know about trading CryptoCurrency, hope it helps :)

    https://bitpam.com/cryptocurrency-trading-guide
     
  16. blackh4t

    blackh4t Regular Member

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    Do not use wallet on smart phone it security risk!
     
  17. Lisa Baker

    Lisa Baker Newbie

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    Have not bought yet???