Just getting started in crypto, total noob here, a little help would be appreciated.
Where and how do I buy and sell cryptos? And how do I store them?
>>2510485
>Where and how do I buy and sell cryptos? And how do I store them?
>Buy on coinbase
>transfer to an exchange like bittrex
>invest in other currencies to make a profit
>sell those back to bitcoin
>re-transfer bitcoin back to coinbase
>sell.
>It'll go directly to your bank account.
And if you want physical storage, look into wallets like trezor or ledger nano.
>>2510578
I've heard that transferring directly from Bittrex to coinbase causes problems, how would one avoid this? Is transferring from BC to a different wallet and then Coinbase a way around this?
.: Crypto 101 :.
>0) Lurk more
Search for what you are about to do, why you shouldn't do this and find a reason to do it anyway.
>1) Register wallets
Pick up some wallets for some coins you wish to keep.
Those will be your buffer between trading and "real" money.
It doubles as a storage for long term investment.
Usually, a single bitcoin wallet is enough, some tho will prefer to have multiple wallets.
>2) Fill those wallets
Convert some of your "real" money into crypto.
Usually it means buying bitcoin on coinbase.
>3) Set up for trade
Register to some trading place and convince yourself of the amount you wish to lose on trading.
Usually it means register to bittrex and transfer form wallet to exchange.
>4) ???
Daily lurk on /biz and edge trading skills lead you to make profit.
Usually it means shitting on itself whenever bitcoin hiccups and posting "This coin is going to moon, all aboard!".
>5) Profit
Congrats, you made profit.
Change back your exchange bitcoin to "real" money.
Usually it means bittrex to coinbase to your account.
And, very important step, buy a Lambo.
https://www.tacot.com/listings/lamborghini-centenario-lp-770-4-2016-dark-grey-maisto-85557-0
>-1) As a side note
- Always luck more
- Understand what you are doing
- Stop asking for spoonfeed and search by yourself
- Only gamble what you are willing to lose
- Very few can make a living out of this crypto trading thing, don't expect a lot
- Always lurk more
- Mining is not profitable on current "big" crypto like Bitcoin or Ether
- stay norm big fella
- Buy low sell high
- Keep like 60% - 80% in "trusted" coins (BTC, ETH, etc. Those will change over time) play with the rest
- Lurk more, I told ya.
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Free to copypaste
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>- Mining is not profitable on current "big" crypto like Bitcoin or Ether
t. miner