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ยป Few questions about getting started with crypto currency (200k reps)
  1. Results 1 to 7 of 7
post 1637688543 05-03-2021, 05:53 PM
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#1
  1. backinthegymbro
  2. Never accept defeat!
  1. backinthegymbro
  2. Never accept defeat!
  3. Join Date: Aug 2018
  4. Posts: 23,402
  5. Rep Power: 275845

Few questions about getting started with crypto currency (200k reps)

I want to start getting in on the doge/eth train however i have zero knowledge about cryptos besides a few videos i've wachted.
Will rep answers.

1. Do you have/use a cold wallet?
2. Do you have a separate phone/phone number just to verify your stuff? Incase people try to get your number to verify/hack your chit.
3. Do you have a separate (cheap) laptop that you only use for crypto? I've had a Remote Access Tool (RAT) installed on my old computer once where someone was able to see literally everything and it freaked me out ever since. Suddenly a random message popped up on my screen with a guy complimenting my porn collection (dead srs). I'm worried someone might be able to see my passwords etc and then steal the funds.

4. How safe are cold wallets? I read they can't be hacked, but what if they break? What happens then?
5. They say to write everything down on multiiple notepads. Do you keep 1 in your house and 1 in a bank? Like in a rented locker?
6. Anything else i need to know before i start?

Will rep for legit answers. Save me a spot on the moon!
Cobra Kai never dies!
post 1637689003 05-03-2021, 05:59 PM
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#2
  1. mrdot
  2. Registered User
  1. mrdot
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  4. Location: Canada
  5. Posts: 25,912
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You are taking this too serious just invest already
post 1637689343 05-03-2021, 06:05 PM
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#3
  1. CopeFear
  2. Degenmaxxer
  1. CopeFear
  2. Degenmaxxer
  3. Join Date: Apr 2020
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If you aren't too educated just sign up to Binance or Coinbase to start buying crypto.
Yellow Fever Crew
post 1637690033 05-03-2021, 06:13 PM
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#4
  1. Gorillajewshead
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  1. Gorillajewshead
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doge approaching ath eth at ath. should have invested in january.
post 1637690413 05-03-2021, 06:20 PM
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#5
  1. Winston56432
  2. Banned
  1. Winston56432
  2. Banned
  3. Join Date: Dec 2020
  4. Age: 56
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Originally Posted By CopeFear
If you aren't too educated just sign up to Binance or Coinbase to start buying crypto.
have u paid an asian brothel in crypto currency yet?
post 1637691113 05-03-2021, 06:31 PM
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#6
  1. jamalfudge
  2. Throbbing Member
  1. jamalfudge
  2. Throbbing Member
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  4. Location: United States
  5. Posts: 39,406
  6. Rep Power: 297374
Originally Posted By backinthegymbro
I want to start getting in on the doge/eth train however i have zero knowledge about cryptos besides a few videos i've wachted.
Will rep answers.

1. Do you have/use a cold wallet?
2. Do you have a separate phone/phone number just to verify your stuff? Incase people try to get your number to verify/hack your chit.
3. Do you have a separate (cheap) laptop that you only use for crypto? I've had a Remote Access Tool (RAT) installed on my old computer once where someone was able to see literally everything and it freaked me out ever since. Suddenly a random message popped up on my screen with a guy complimenting my porn collection (dead srs). I'm worried someone might be able to see my passwords etc and then steal the funds.

4. How safe are cold wallets? I read they can't be hacked, but what if they break? What happens then?
5. They say to write everything down on multiiple notepads. Do you keep 1 in your house and 1 in a bank? Like in a rented locker?
6. Anything else i need to know before i start?

Will rep for legit answers. Save me a spot on the moon!
It's good to have a device just for crypto. You can get a range of tablets or unlocked phones for under a hundred, it's definitely worth it. Look up tutorials on how to use Coinbase, Coinbase Wallet (separate from Coinbase App) and/or Exodus wallet. Look up what seed phrases are and know how to keep them safe (like two copies in separate waterproof and fireproof areas). Don't listen to miscers who say it's ok to leave coins on exchanges.
#
post 1637851723 05-05-2021, 03:44 PM
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#7
  1. backinthegymbro
  2. Never accept defeat!
  1. backinthegymbro
  2. Never accept defeat!
  3. Join Date: Aug 2018
  4. Posts: 23,402
  5. Rep Power: 275845
Originally Posted By jamalfudge
It's good to have a device just for crypto. You can get a range of tablets or unlocked phones for under a hundred, it's definitely worth it. Look up tutorials on how to use Coinbase, Coinbase Wallet (separate from Coinbase App) and/or Exodus wallet. Look up what seed phrases are and know how to keep them safe (like two copies in separate waterproof and fireproof areas). Don't listen to miscers who say it's ok to leave coins on exchanges.
I have an old ipad 1. if i factory reset it, should it be good to go? Or is a computer easier to use crypto with since an ipad can only download apps?
I saw stuff about a cold hard wallet. But those require usb to computer. Can't plug it into an ipad.
Cobra Kai never dies!
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