Getting Started in Crypto CurrencysteemCreated with Sketch.

in #bitcoin2 years ago (edited)

I thought my first post on Steemit should be giving an overview of resources I use to learn about crypto currency in the hope they can be useful to you. There are now many resources on this subject and the ones listed below I think are a good place to start based on the significant time I've spend researching this subject for the last few years.

How to get crypto?

1, Buy on one of the three regulated US exchanges (I would recommend Coinbase):
www.Kraken.com
www.Coinbase.com
www.Gemini.com

2, Mine some?
This is beyond the scope of this post and I'll cover it in further posts.

3, Earn some?
Steemit posting etc - this will take a lot of effort to earn even a small amount!

Getting an financial overview of the crypto market:
www.coinmarketcap.com

Documentaries:



Youtube channels:
Coin Mastery: https://www.youtube.com/channel/UC4nXWTjZqK4bv7feoRntSog
Ivan on Tech: https://www.youtube.com/channel/UCrYmtJBtLdtm2ov84ulV-yg
Crypto: https://www.youtube.com/channel/UCdUSSt-IEUg2eq46rD7lu_g
Louis Thomas: https://www.youtube.com/channel/UCpceefaJ9vs4RYUTsO9Y3FA
Box Mining: https://www.youtube.com/channel/UCxODjeUwZHk3p-7TU-IsDOA
Andreas: https://www.youtube.com/channel/UCJWCJCWOxBYSi5DhCieLOLQ

Securing Bitcoin, if you plan to have more than a couple of thousand dollars I'd recommend getting the ultimate in security which is a Trezor hardware wallet which keeps your private keys offline:
https://www.amazon.com/Trezor-bitcoin-hardware-compatible-ethereum/dp/B00PCMSJQS/ref=sr_1_1_sspa?s=pc&ie=UTF8&qid=1527264841&sr=1-1-spons&keywords=trezor&psc=1

Which coins to buy?
I'm no financial adviser but for passive investing I'd recommend creating an index. To start I'd go with the 4 coins on Coinbase which are Bitcoin, Ethereum, Bitcoin Cash & Litecoin. To determine how much to buy of each refer to www.coinmarketcap.com

Hope this is of use to you!

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