Bitcoin for beginners by a beginner.

How do you buy Bitcoin?

What is a wallet?

0x491221cBd616f8b4a3BbeaC22A384C86CF17dd33

How do you buy all the alt coins?

Tell me that this doesn't look like a website from 1999.

How do you keep track of everything?

My portfolio at some point in time, don't judge me.

What is a good strategy?

  1. Don't be over-invested. When you put money on the line that you can't miss, you will freak out when it suddenly drops 20% in one day. Only use money you won't miss for the next year and preferably not even if you never get any of it back.
  2. Get in early and buy the lows. You will feel more comfortable if it first goes up with 50% and then drops 10% than the other way around.

Which coins should I buy?

Here are some basics to start with.

What is an ICO?

  1. You send them Ethereum from your wallet to the address mentioned on their website (I use Metamask as my ethereum wallet for ICO’s it has a cute fox).
  2. They transfer the ICO tokens back to your ETH address.
  3. Add the according token address to your Metamask wallet and your tokens will show.
  4. Wait and burn some candles. When the tokens make it to an exchange you can transfer them from your wallet to the exchange and sell them.

Do you think this is a bubble?

Imagine Facebook in it's early days having it's current 500 billion valuation.

Do you think it is a good idea to get into crypto currency at this time?

Talent Developer currently at a one year sabbatical - Pushing people to make the most of their talent. Contact : toon@tooncarpentier.com

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Toon Carpentier

Toon Carpentier

Talent Developer currently at a one year sabbatical - Pushing people to make the most of their talent. Contact : toon@tooncarpentier.com

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