James Irvin

1604918733

Tips for New Bitcoin Investors

Bitcoin has grown well in the cryptocurrency world in the last few years and many peoples are showing their interest in this crypto industry. Most of the research and study says that bitcoin is more popular and it might be a benefit for most of the peoples today. Moreover in this, you have to be tricky, it has its risks and if you are not aware of it, you may lose a lot. If you are a new bitcoin (BTC) investor, there are some major things you should know and have to do before you get started.

1. Do your research

Before investing in Bitcoin, it is crucial to do some research about bitcoin. You shouldn’t invest in anything before you don’t understand it. Understand the concept, how it works, and know the possibilities before you lose your money, let’s consider that it also a risk. Take your own time to learn the basics and constantly increase your knowledge of it.

2. Don’t force yourself

It could be more excited when you are investing in cryptocurrencies for the first time. Every beginner in this industry has to look forward to making money as like as the other traders have already claimed. Moreover, as I said earlier you should learn about the basics and not rush up the process. Bitcoin might have been known for some years now. But, nobody knows what will be the future? And also, don’t invest more money into bitcoin investment. Start investing small and day by day learning can help you to decide how much you have to invest in it.

3. Invest in other cryptocurrencies

Most of the experts would say that don’t get more excited about Bitcoin that could end up investing all your money in it. They suggest that, don’t invest your entire money in one cryptocurrency ie., Bitcoin. Instead, make your investment in other assets such as Litecoin, Ripple, Bitcoin Cash, Tether, Ethereum, etc.

Want to buy cryptocurrency in India? Visit Koinbazar and complete the registration process.

4. Keep your assets secure

Cybercrime department is more pre-eminent to avoid fraudulent activities in the crypto space. One of the best ways to hold your bitcoin safe is by keeping it in a cryptocurrency wallet. But, before you have to check that the wallet is secure. Because your transactions can get hack and might be ended up losing all of your money if you are not be aware of it. There are no refunds for bitcoin, once lost you can’t retrieve it. Be careful and also you should avoid getting into such a situation.

5. Prepare for volatility

Most of the investors would advise that the Bitcoin market is more unpredictable. If you are a new investor, you have to keep a strategy that helps to manage at the time of price fluctuations. Always aim for long term investments, don’t get any temptation to get into short-term bets.

Summing Up:

The above-mentioned one which could help you know the best way to invest in Bitcoin for the new investors and begin your journey with enriched information.

#bitcoin #btc #cryptocurrency #crypto #litecoin #altcoins

What is GEEK

Buddha Community

Tips for New Bitcoin Investors

Bitcoin Hits New Low (Top 3 Key Support Channels) ( HOT NEWS!!! )

Join us on a musical journey through the charts. Piano Matt takes us through his Bitcoin technical analysis. We’ll go through 3 Bitcoin support channels and identify some key price points.

Find out where we need the price of Bitcoin to go in order for a bounce back. We’ll go through some scenarios as well as some of the most likely price ranges we could see BTC bouncing around in. Stay tuned for some morning TA!

📺 The video in this post was made by BitBoy Crypto
The origin of the article: https://www.youtube.com/watch?v=1F_TQAGbPFQ
🔺 DISCLAIMER: The article is for information sharing. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Not investment advice or legal advice.
Cryptocurrency trading is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money
🔥 If you’re a beginner. I believe the article below will be useful to you ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner
⭐ ⭐ ⭐The project is of interest to the community. Join to Get free ‘GEEK coin’ (GEEKCASH coin)!
☞ **-----CLICK HERE-----**⭐ ⭐ ⭐
Thanks for visiting and watching! Please don’t forget to leave a like, comment and share!

#bitcoin #blockchain #bitcoin hits new #bitcoin hits new low (top 3 key support channels) #bitcoin hits new low

Anastasia soda

Anastasia soda

1624212000

BITCOIN UPGRADE - What It Means For Investors

Bitcoin just got a huge upgrade - here’s what it means.
Bitcoin just got a huge upgrade - it’s called Tap Root, here’s what it means, what it does, and what the price of Bitcoin will be as a result.

There’s 3 main upgrades that are in Tap Root. The first is an upgrade to privacy. For the longest time people believed that using Bitcoin meant you could anonymously pay people for stuff, but it turns out Bitcoin is pseudo anonymous. That is why the FBI was able to seize money from Darkside.

WHO CARES ABOUT PRIVACY?

It matters because right now there are other cryptocurrencies that exist specifically because of 1 feature that they do better than everyone else for example - Monero which is considered to be the most private and anonymous coin to date. It has a market cap of several billion dollars and now Bitcoin will be competing in the future.

The second upgrade:

The second upgrade to Bitcoin is something called Shnorr signatures. Shnorr signatures is what allows the first upgrade to happen, but it’s also got a few tricks up its own sleeve like improving efficiency.

When Satoshi Nakomoto created Bitcoin, he designed it with something called the Elliptic Curve Digital Signature Algorithm or (ECDSA). If you ever wondered, how is it that I can send Bitcoin to someone without them knowing my private key? How am I sending Bitcoin from my wallet, how does it know not to send Bitcoin from someone else’s wallet? It works because of your private key.

UNIQUE DIGITAL SIGNATURE:

Your private key creates the unique digital signature, and your public key, which is what you share with someone when you pay or get paid, for example mine looks like this - in case you’re feeling generous - and this public key is what is used to verify your private signature that way the receiving wallet knows that it came from you. That’s how you’re able to send Bitcoin to someone without broadcasting your entire private key to the network because if you did, they also would get access to your output aka your actual wallet. To put it way easier, think of it like signing a check - once you sign your check, people know the money belonged to you.

WHAT THIS ALL MEANS

it’s going to help Bitcoin create better Smart Contracts which is something Ethereum is capable of doing that Bitcoin is not really that good at. This is because by changing the digital signature structure - it will allow Bitcoin to create smart contracts that ECDSA cannot or at least no where near as efficiently. This is because this new structure shrinks multiple transactions into one, you can improve efficiency and cost.

THE LIGHTNING NETWORK

Bitcoin can handle 5 transactions per second, no where near enough for the entire world. Visa can handle 65,000 per second. In order for Bitcoin to become a true currency, it has to fast and cheap. How do you create something like that without compromising the base layer of Bitcoin? Layer 2 scaling solutions like Lightning. This upgrade moves us 1 step closer to that goal.

WHEN WILL IT HAPPEN?

It will happen sometime in November of 2021.

PRICE PREDICTION

What will happen to the price of Bitcoin? Most likely - the price will do nothing - at least not right away. As developers explore this upgrade more and as they continue developing the lightning network, that will eventually increase the value of Bitcoin but the upgrade itself will most likely not have any major effect on the price.

Bitcoin’s price is currently dependent on the narrative (a good story) like countries adopting it as a national currency. Or when Elon Musk and Tesla decide to have a good day and tweet something positive. In the long term though, this is a huge leap forward.
📺 The video in this post was made by Andrei Jikh
The origin of the article: https://www.youtube.com/watch?v=u7qMeQnWCvk
🔺 DISCLAIMER: The article is for information sharing. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Not investment advice or legal advice.
Cryptocurrency trading is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money
🔥 If you’re a beginner. I believe the article below will be useful to you ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner
⭐ ⭐ ⭐The project is of interest to the community. Join to Get free ‘GEEK coin’ (GEEKCASH coin)!
☞ **-----CLICK HERE-----**⭐ ⭐ ⭐
Thanks for visiting and watching! Please don’t forget to leave a like, comment and share!

#bitcoin #blockchain #bitcoin upgrade #what it means for investors #bitcoin upgrade - what it means for investors

Most EXPLOSIVE Bitcoin Opportunity 2021 (In Depth Bitcoin Mining Analysis). (HOT NEWS!!)

Volcanoes! No, this isn’t a flashback to your eighth-grade science project. President of El Salvador, Nayib Bukele, is proposing harnessing the geothermal power of volcanoes to mine Bitcoin in his country.

Believe it or not, this idea isn’t just to make the news of El Salvador using Bitcoin as legal tender even more explosive than it already has been. It’s a truly sustainable energy source that El Salvador already uses, and it may be the key to unlocking a green future for mining Bitcoin.

0:00 Intro
0:52 El Salvador, Crypto, Geothermal Energy
3:07 Why Geothermal?
4:52 How much energy mining needs
6:35 Closing thoughts
📺 The video in this post was made by BitBoy Crypto
The origin of the article: https://www.youtube.com/watch?v=NXEGZB5RbDc
🔺 DISCLAIMER: The article is for information sharing. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Not investment advice or legal advice.
Cryptocurrency trading is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money
🔥 If you’re a beginner. I believe the article below will be useful to you ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner
⭐ ⭐ ⭐The project is of interest to the community. Join to Get free ‘GEEK coin’ (GEEKCASH coin)!
☞ **-----CLICK HERE-----**⭐ ⭐ ⭐
Thanks for visiting and watching! Please don’t forget to leave a like, comment and share!

#bitcoin #blockchain #most explosive bitcoin opportunity 2021 #depth bitcoin mining analysis #most explosive bitcoin opportunity 2021 (in depth bitcoin mining analysis) #bitcoin opportunity 2021

Fannie  Zemlak

Fannie Zemlak

1596816000

Savage Bitcoiners Volume 1: Interview with Psychedelic Bart

Twitter social icon

Originally published on Citadel21.com April, 21 2020

NamePsychedelic Bart a.k.a. Psycho Bart

Country: United States

**How long have you been into Bitcoin and what got you interested? **

I’ve been into Bitcoin since 2013. I was initially drawn to BTC because I was a volatility junkie and I saw an opportunity to make more fiat. Over the years, I started to look into it more, take it seriously, and accumulate. Once you’ve figured out that Bitcoin is unstoppable, you’re deep in the rabbit hole.

How did you come up with your alias and why don’t you use your real name?

I came up with “Psychedelic Bart” because I grew up loving The Simpsons, Bart’s alter-ego El Barto, and Rob “Killer Acid” Corradetti’s artwork. I don’t use my real name because I value privacy.

Best Bitcoin experience and worst Bitcoin experience?

Best Bitcoin experience – befriending intelligent Bitcoiners over the years. It’s the best when you find people that are on the same wavelength as you. Worst Bitcoin experience – losing Bitcoin to trading shitcoins and leverage. I’ve learned my lesson.

What is the biggest fail you have ever seen in the Bitcoin world?

Mt. Gox. I didn’t get Goxxed but too many Bitcoiners got rekt from the shitty exchange. Learn from this and HODL YOUR OWN BTC.

What do you think about the Bitcoin markets volatility this last year?

Meh. You have to get used to the volatility because Bitcoin is still a new asset or else you’ll never make it out alive.

What are your thoughts on the upcoming halving and how will it affect price?

Not priced in! Most people still have no clue what Bitcoin is and the power it has. Bitcoin will moon again – it was designed to.

What is the biggest threat of COVID to the economy?

Government overreach destroyed Main St. and many small businesses.

What are your thoughts about the US Federal Reserve injecting so much money into the economy because of COVID?

Bbrrrrrrrrrrr.

How do you think this affects Bitcoin?

Anyone with a clue knows that the Fed is addicted to printing money and they’re not going to stop. More people are beginning to learn that Bitcoin is the best hedge.

Why do you think some people, especially noobs gravitate to shitcoins?

False advertising and unit bias. Shitcoiners lie and most people (even the really smart ones) are turned off from Bitcoin’s price.

What do you think most shitcoiners miss about Bitcoin?

That Bitcoin is light years ahead of everything else. Most people fall for the shitcoins’ marketing gimmicks, but when you take the time and figure out what the truth is, you’ll go all into BTC.

What do you have to say to shitcoiners who claim Bitcoin will fail?

Shitcoiners talk out of their asses all the time. I love this legendary quote: “If you don’t believe me or don’t get it, I don’t have time to try to convince you, sorry” - Satoshi Nakamoto.

**Who is the biggest Bitcoin sell out that deserves to be put on blast? **

Trace Mayer. Imagine building your reputation for years, then ruining it in a span of weeks with Mimblewimble Coin and other nonsense.

**Who are some of the most hardcore Bitcoiners you know and why? **

The most hardcore Bitcoiners are the ones that build, code, and HODL. Nothing beats skin in the game. Big shoutout to the contributors who write and review code.

**What Bitcoin startups or companies are you most excited about? **

Too many LOL. Coinkite, BTCPay, Samourai, Wasabi, River Financial, Unchained Capital, Cash App, Swan Bitcoin, LN Strike, Lolli, Fold App, Blue Wallet, myNode, Casa, and much more.

**What are your goto Bitcoin storage options? **

Coldcard Wallet. I recommend using it with a long passphrase for most people, multisig for the advanced crowd.

Any tips you want to give to people new to Bitcoin?

HODL your own keys, get used to the volatility, and dollar cost average.

Name some of your favorite information sources and/or podcasts in the space.

Stephan Livera, Tales from the Crypt, John Vallis’s Rapid-Fire podcast, Fun with Bitcoin podcast, Bitcoin Pleb Talk podcast, bitcoin-only.com, and of course Bitcoin Twitter.

Any last words of wisdom?

Think for yourself and never give up your freedom.

For more Bitcoin Articles check out www.citadel21.com!

Pirate Beachbum_ has been into Bitcoin since 2014 and doesn’t consider himself anyone special. Over the years he has written dozens of articles about Bitcoin, and interviewed many of the top minds in the space. Most people know him from co-founding a rogue group of Bitcoiners, who call themselves the Bitcoin Taco Carnivore Plebs, with his good friend Hodlonaut._

#bitcoin #savage-bitcoiners #citadel21 #hackernoon-top-story #bitcoin-spotlight #bitcoin-maximalism #bitcoin-price #btc

Abigail betty

Abigail betty

1624323600

How to Buy Bitcoins in 2021? (4 different methods reviewed). DO NOT MISS!!!

Here’s a quick guide for buying your first Bitcoin:
Step 1 – Get a Bitcoin wallet
Step 2 – Find your Bitcoin address
Step 3 – Go to Coinmama and choose the amount of Bitcoin to buy
Step 4 – Enter your Bitcoin address and payment information
That’s how to buy Bitcoins in a nutshell. For a detailed explanation watch the complete video, here’s what I’ll cover:

0:51 - Bitcoin wallets in a nutshell
1:47 - How many Bitcoins should you buy?
2:44 - Choosing a Bitcoin exchange
4:53 - Trading platforms vs. Brokers
6:20 - Registration + KYC
6:55 - Moving your Bitcoins from the exchange
7:44 - Bitcoin ATMs
8:31 - Buying from an individual
📺 The video in this post was made by 99Bitcoins
The origin of the article: https://www.youtube.com/watch?v=tuUO-Q4_b5c
🔺 DISCLAIMER: The article is for information sharing. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Not investment advice or legal advice.
Cryptocurrency trading is VERY risky. Make sure you understand these risks and that you are responsible for what you do with your money
🔥 If you’re a beginner. I believe the article below will be useful to you ☞ What You Should Know Before Investing in Cryptocurrency - For Beginner
⭐ ⭐ ⭐The project is of interest to the community. Join to Get free ‘GEEK coin’ (GEEKCASH coin)!
☞ **-----CLICK HERE-----**⭐ ⭐ ⭐
Thanks for visiting and watching! Please don’t forget to leave a like, comment and share!

#bitcoin #blockchain #bitcoins #how to buy bitcoins in 2021 #buy bitcoins #how to buy bitcoins in 2021? (4 different methods reviewed)