If you are new to owning Bitcoin or other cryptocurrencies. Wallets can be a technical thing and you need to keep things simple so you do not lose any of your money.
If you do not already own any crypto currency account I suggest an account at Coinbase. Here is a link to create an account: https://www.coinbase.com/join/59a565f803b62e0085a271f9 If you use this link to to create an account and you buy $100 of Bitcoin or more it will credit you an extra $10 in Bitcoin and I will also receive a $10 bonus.
Live Chat for the challenge found here: http://discord.gg/markeedragon Look for the #cryptocurrency channel.
Live shows Schedule: https://docs.google.com/spreadsheets/d/1zQZoKQnzGRgWXBefzGKlyfDppGQWzJy6PafWm-4c4sQ/pubhtml
Trading Group: https://t.me/joinchat/EittckRCRc0b1-vBsFPrtg This is a telegram group. It requires a telegram account. Telegram is where most of the crypto groups reside.
Good Tools and Services I like.
Bittrex for Alt Coin Trading: https://bittrex.com
Trading View: https://www.tradingview.com/
Changelly: https://changelly.com/?ref_id=6bf3fec3c8a8 Coin conversions service.
Of note: I am not giving you professional investment advise. You need to do what you feel is best for you. I am just relating what I have found to work and not work for myself. You can use what you see in this video as a possible guide but your own success or failure may vary. :)
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CARDANO is only 0.20$ it was 0.05 few weeks ago and it will go to 100$ or more soon, it is the best crypto under the developer point of view, in vest in them. here how to get them with no fees https://youtu.be/u88hcZr03bM
You forgot to mention hardware wallets like the Trezor and Ledger Nano, which are in my opinion more secure than paper wallets. Even if you were to lose it or someone stole it they couldn't get in without your password.
Also if storing money on an online wallet (not recommended) your best option is probably Coinbase Vaults. https://www.coinbase.com/vault?locale=en-US
Coinbase Vaults aren't like your normal balances. They have withdraw delay periods, multiple approvals for transactions, 2FA on withdraw, etc. Even if somehow people got through all that and begin a withdraw you could just cancel their withdraw within 48 hours. However since this is all still online and Coinbase owns your keys if they were to shut down or get hacked you would lose your money.
@markeedragon 3:27 regarding not knowing if the wallet was drained. Couldn't you check the public portion of the walled periodically to see the balance while still keeping the private paper portion secure?
A hardware wallet like the Ledger Nano S is very easy to use and should be recommended over a desktop wallet like Exodus. Only advanced users can keep a desktop wallet properly secured but hardware wallets are almost foolproof.
This video is geared towards people new to cryptocurrency. So many people have issues with this stuff I make my suggestions based on the easiest solution. As people advance then that recommendation can change. :)
How to become bitcoin trader? Exactly like Bitcoin, multiple digital currencies exist in the marketplace. So if you prefer to buy a few other currencies which aren`t available on Indian Exchange than you can utilize Bittrex. All you have to do is locate an exchange that you favor. Cryptocurrency exchanges have a massive potential to modify peoples minds and opinions concerning cryptocurrencies generally speaking and their application in actual life. So even in the event the exchange is attacked, its still true that you have your money. Furthermore, the exchanges prepare each and every industry for Bitcoin expansion. Existing stock exchanges will also compete to be able to fulfill the users configuration requirements. Sooner or later later on, the prices will grow more equal, meeting somewhere in the middleyour profit is equivalent to the quantity of convergence. No matter how far it is from Kijun, it is likely to return and test that level at some point. The amount of bitcoin is perpetually changing. In the US, it is 1000 USD. Whats even better, seek the services of a seasoned lawyer or at least ask for an in depth consultation. So youve read the newspaper about the meteoric growth of crypto currencies including Bitcoin or Ripple. Then coming up with 1000s of exchange rates simply to go out and get groceries is nearly impossible. Many cities around the world provide a bitcoin ATM where you are able to trade cash for bitcoin. The cryptocurrency world isn`t efficient.