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Everything you need to know about Bitcoin and Cryptocurrency

DylanGemelli

Founding Member
Super Moderator
I have seen far too many people saying that they do not understand or comprehend bitcoin and cryptocurrency. What I have found over the years is that people make it much more difficult than it truly is. Bitcoin is actually extremely easy to understand if it's explained and broken down properly. Instead of me writing a dissertation for everyone and perhaps overcomplicating it, I have put together some websites and videos that really break it down for everyone to fully understand. One issue that I have seen is that a lot of people and/or websites make it seem much more complicated than it is with their explanations. Read these websites and watch this short video to get a grasp on how it works, how to use it etc...


I promise you that cryptocurrency is not only extremely easy to learn but once you do, you will see the many benefits that it has. It is only growing in popularity and use and with good reason. If you have questions, post them in here but take the time to educate yourself with this info. Don't make this harder than it is on yourself. Remember, it is EXTREMELY easy if you just read and listen...




https://www.investopedia.com/tech/how-to-buy-bitcoin/


https://bitcoin.org/en/how-it-works


https://www.coindesk.com/bitcoin-explained-five-year-old




BITCOIN WALLETS


https://www.thebalance.com/best-bitcoin-wallets-4160642


https://blockgeeks.com/guides/7-of-the-best-bitcoin-wallets/






BITCOIN VIDEO


https://www.youtube.com/watch?v=kubGCSj5y3k
 

awm

Isarms VIP
Member
Oh man it’s so easy once you set up your account.

Only thing that sucks is sometimes if you use checking account it can take a few days to clear and with how volition bitcoins are you can even up short on the amount you need so I always over purchase.
 

cbbram

Community Leader
VIP Moderator
If you buy bitcoin with a debit card there's no hold it's immediately available. The fee is a few dollars higher than a bank transfer but these transfers will have a hold for a few days.
 

awm

Isarms VIP
Member
If you buy bitcoin with a debit card there's no hold it's immediately available. The fee is a few dollars higher than a bank transfer but these transfers will have a hold for a few days.

Yea my bank won’t allow the debit card option which sucks for me unfortunately....
 

RickRock

Community Leader
VIP Moderator
I'll say this is a hell of a lot better option these days for payment to sources over western union, etc
 

DylanGemelli

Founding Member
Super Moderator
I'll say this is a hell of a lot better option these days for payment to sources over western union, etc
oh shit, its not even comparable.. completely agree but honestly, beyond that... once you get into it, its pretty damn interesting when you really start learning about it and learning how to make it an investment...
 
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