CRYPTO HODLING

in #bitcoin8 years ago (edited)

I see same questions over and over on reddit, and typing answer every time is boring as hell, so I decided to slowly start building up not only crypto currency, but also general computer/internet/money use guide.
In the end these are just my thoughts and critical feedback is welcome.

CRYPTO HODLING

  • make sure you know what you are investing in, check how your investment is performing at least once a year
  • if you don't want to trade, you can just buy at local Bitcoin ATM or via PayPal from trusted seller
  • Blockchain.info is NOT "blockchain". There's an important distinction like Bitcoin.com is not Bitcoin too
  • don't store on blockchain.info wallet, if you lose unique identifier that they give you, you also lose access to your account, no reset available...
  • paper/downloadable software/hardware wallets all work fine for long term hodling

OTHER IDEAS: https://steemit.com/guide/@ragetester/paper-money-will-die-a-k-a-ultimate-user-guide-page-1

paperdisc.jpeg

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I worked on the set that took that bill gates pic.

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