Crypto for Newbs Part 1
I'm a newb, everyone starts here, pretty much no one is a pro from day one...and if you are a pro on day one, well, enjoy making a killing at this because everyone else is in different parts of the learning curve.
For those of us that need a little bit of help getting started I'll give you a few simple tips to get started.
I prefer to do a lot of my managing of cryptos on the fly, so I like mobile phone applications, I also gravitate towards those types of token uses as well, but that will be discussed in a different article.
The apps that will help you get started from day one (especially if you're in the US and you don't have any trading exchange experience/accounts set up).
Blockfolio - its a free app both on Android and iOS. This app is great for tracking your purchases in the market as it gives you fairly up to date information and snapshots of the market and what is going on with the convenience of it being on your phone.
Android - https://goo.gl/AAozxi
Apple - https://goo.gl/uC8n9XGoogle Authenticator/Authenticator - essential for the amount of QR scanning you'll be doing and the level of security it can provide is priceless. I would recommend this app as it is free and easy to use. Most exchanges and wallets that use 2FA (two-factor authentication) will walk you through how to use google authenticator.
Android - https://goo.gl/csuqoS
Apple - https://goo.gl/FhTU3LCoinbase - this is a good starting spot for most users as it's really simplistic and has a lot of easy to use functions. The downside with this application is the high fees it charges and the wait time to obtain bitcoin/ethereum/litecoin. In another article or any other articles you might find on the internet, those may go through other exchanges and such to obtain the main currencies of the new internet.
You can use this link to give yourself $10 of free bitcoin and help me out as well by giving me $10 of bitcoin for free courtesy from Coinbase. (Promise this is the only shill I'll be doing this entire article)
Referral link - http://goo.gl/cb5NZeTelegram - much like any community there is typically a medium that is used to communicate, share ideas, and report news. Telegram is the preferred method of many ICOs (initial coin offerings) and investment communities.
Android - https://goo.gl/DPQt7A
Apple - https://goo.gl/uJMGkTMedium/Steem/Flipboard - I prefer these three sites as it provides me a good variety of commentary in the marketplace. I get an idea of what bloggers are talking about - ranging from fluff pieces to hard news. Also, I get that news in bite-size bits of information that are easier to digest and can prompt additional research. All of these apps should be free to download.
Medium News App
Android - https://goo.gl/hC5ySc
Apple - https://goo.gl/rYSc8WFlipboard News App
Android - https://goo.gl/3F3jM6
Apple - https://goo.gl/cXsHpjSteem Blog/News website
https://steemit.com/YouTube - great for following personalities within the cryptospace, I have quite a few that I enjoy following and learning from. If you want to know which personalities I follow the most, leave a comment and I'll write another posting about which people I enjoy and why.
That's it for the crypto day camp pack for newbs, hopefully, that sets you in the right direction for all things crypto! I hope to encounter you on your journey and talk with you all in various forums.
If you enjoyed the article please let me know in the comments section or by tipping me some steem!
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Unlike short links this allows the reader to see where they are going by simply hovering over the link before they click on it.I'm super skeptical about trading on mobile apps, do you think it's safe?
@Troshmoney
Good Question!
The only app that in the article that would allow you to trade would be Coinbase, it's a good starting place if you don't have any experience trading on a platform/exchange. If you do then there are other places that allow you to do such things such as Poloniex, Bittrex, Bitfinex, Binance, etc.
The other apps that are listed are merely for communications, news, and tracking.
I would agree mostly that trading via mobile can be a little dicey, however, if you've got to start somewhere, I'd start with this set of apps since all of them are free to download. If you do choose to trade via mobile device then I'd recommend enabling advanced profiles in your settings for the accounts as well as make sure your phone is protected via advanced security measures and software...also probably would be useful to turn off bluetooth and airdrop.
If you're concerned that you'll get hacked, or something of that nature I'd encourage you to enable 2 factor authentication and also have a wallet storage separate from the exchange so that the currencies you trade aren't left on an exchange. Digital wallets like MyEtherWallet (ERC20 tokens), Exodus (various highly traded coins). Or hardware wallets such as Trezor.
Hope that answered your questions!