Where to start with Crypto?

Chirner · Jul 31, 2022

SocialManager said:
I tried 6 medications + 2 therapists over a period of 2 years, no improvement with anxiety or anything else. Melatonin helps me much more with my sleep, which is the only thing some of the medications helped with. It works for some people, didn't work for me, and lots of doctors hate prescribing different treatments and give up on their patients, making the patient feel even more hopeless. I worked in a hospital for criminals with mental disorders and I have studied the subject for years in university.

Yes, they can help some people, but there are plenty of cases where someone had a full team of nurses, psychologists, and psychiatrists treating them, they were taking their medication, and the doctors all signed off saying they were good to go, and the day they were released they either killed themselves or someone else. I am a supporter of medication and therapy, I just don't want people to get too hopeful in case they use their few resources to go and it fails for them.

Bitcoin is old school and has lots of support from big players, but it's just not that useful for everyday transactions. Coinbase is what we call a centralized exchange - it means you are asking them to hold your coins for you and keep them safe. Metamask and TrustWallet are what we call decentralized wallets, and you are the only one who has the key to access your coins. Metamask does not work with Bitcoin but TrustWallet does. TrustWallet has a handy app to install on your phone and it makes it very easy to get started. If you lose your "password" to your wallet, you could lock yourself out of your money forever because it's the same as losing your wallet full of cash basically.

Thanks for you answer, at the end of day I ended up using Exodus, since Metamask and TrustWallet don't have a desktop version.

lokibyheart · Jul 31, 2022

if you want to do trading then use binance or ftx like exchanges

exodus, metamask etc are the wallet to store your crypto

you cant trade there

in exodus you can exchange coins but fees will kill you and you wont get the price you want

you can also do leverage or margin trading on exchange like binance, ftx, bitfinex, i dont recommend it to new trader, its very very risk but if you manage your risk and have a system then it could be very profitable

and one last word

trading is very hard, very very hard and you need very good capital to trade and also you wont became profitable trader right away, it could take 1 year or 2 year or more than 2 year, if you survive it

good luck bro

TerryJ · Aug 1, 2022

I'd recommend start learning about general investing over multi asset classes rather than only crypto investing. You need to gain skills and have the motivation to gain a bit of capital to invest. Its a long-term life long strategy. Too many want to get rich quickly with no capital which is a complete scam or highly risky.

Elvlin · Aug 1, 2022

start with crypto?
you start with understanding what is crypto blockchain and the underlaying technnology pro and cons. and why it still have a lot potential

tired of being a broke loser and want to do something with my life.?
choose 1high money skill. competitive skill that people pay a lot of money for example programing, best is solidity programer. than spen 10k hour only learning and grinding the skill to be expert. build your portofolio up as you learn and grin. than sell your skill.

onlinemarketer12 · Aug 1, 2022

Read the entiire crypto section on BHW. You can also sort threads based on views or responses.

HustleTong · Aug 1, 2022

Trading is riskier
Learn how to find the right low-cap gems (these coins blow up 30x or more)

krishnaverma · Aug 2, 2022

First read about crypto history on internet and then decide where you want to invest.

kalpana007 · Aug 2, 2022

Before investing money in any plan, you have to do full research about the plan.

msaqib_301 · Aug 2, 2022

Chirner said:
I'm tired of being a broke loser and want to do something with my life.
I really want to learn about crypto and crypto trading, where do you think is the best way to start learning about this stuff?
Thx

I would suggest you to get active on twitter , following correct people not influencers who dump on their followers . Invest with what you can loose . Market is very tough these days

ResiProxies · Aug 8, 2022

Chirner said:
I'm tired of being a broke loser and want to do something with my life.
I really want to learn about crypto and crypto trading, where do you think is the best way to start learning about this stuff?
Thx

You are not a loser my friend and regarding crypto please invest alot of time in learning about it before diving in. Best of luck!

Nikolaos · Aug 19, 2022

Chirner said:
I'm tired of being a broke loser and want to do something with my life.
I really want to learn about crypto and crypto trading, where do you think is the best way to start learning about this stuff?
Thx

Try binance and it's academy

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