Bitcoin - Toker's Den - International Cannagraphic Magazine Forums

redwhiteblue · 03-15-2018, 11:54 AM

I'm in need of help. So, I downloaded the bitcoin wallet and coinbase. I am verified and was just about to buy BC for my wallet when I see it took a dive in the last few hours for a bit.

So do you lose the value if you buy it and put it in your wallet or just what?

Seriously don't want to fuck up but want to get into this not only for seeds or whatnots but possibly invest a few hundred. I'm visually impaired so I can't read threads for long and so... Well I just need help.

Best of best to ya! And thanks.

XXX_710 · 03-15-2018, 04:18 PM

I've been following bitcoin for awhile and my advice is, don't be someone who follows the price daily. It has gone up and down over the last several years and it will continue to do so in the future. Be careful investing in crypto: exchanges can take your coins, hackers can take your coins, your pc can die with your wallets on it. If you are technically challenged, it is not for you. If you chose to buy some, do some reading and know what pitfalls others have suffered. If you still decide to "get in", develop your position gradually over the long term instead of making large bulk buys. Know what the coin you are buying does, if anything other than hold an arbitrary value.

redwhiteblue · 03-16-2018, 03:11 AM

Quote:

Originally Posted by XXX_710

I've been following bitcoin for awhile and my advice is, don't be someone who follows the price daily. It has gone up and down over the last several years and it will continue to do so in the future. Be careful investing in crypto: exchanges can take your coins, hackers can take your coins, your pc can die with your wallets on it. If you are technically challenged, it is not for you. If you chose to buy some, do some reading and know what pitfalls others have suffered. If you still decide to "get in", develop your position gradually over the long term instead of making large bulk buys. Know what the coin you are buying does, if anything other than hold an arbitrary value.

Thank for the reply. So is it safe to just use to buy seeds with for a n00b? I'm wondering how long it takes to convert dollars from bank to coin. Not sure if its instant once set up to go from bank to coinbase and into wallet? Peace

03-15-2018, 11:54 AM	#1
redwhiteblue Newbie Join Date: Mar 2018 Location: Massachusetts Posts: 6	Bitcoin I'm in need of help. So, I downloaded the bitcoin wallet and coinbase. I am verified and was just about to buy BC for my wallet when I see it took a dive in the last few hours for a bit. So do you lose the value if you buy it and put it in your wallet or just what? Seriously don't want to fuck up but want to get into this not only for seeds or whatnots but possibly invest a few hundred. I'm visually impaired so I can't read threads for long and so... Well I just need help. Best of best to ya! And thanks.
	Quote 1 members found this post helpful.

03-15-2018, 04:18 PM	#2
XXX_710 Newbie Join Date: Jun 2017 Location: in the corn Posts: 46	I've been following bitcoin for awhile and my advice is, don't be someone who follows the price daily. It has gone up and down over the last several years and it will continue to do so in the future. Be careful investing in crypto: exchanges can take your coins, hackers can take your coins, your pc can die with your wallets on it. If you are technically challenged, it is not for you. If you chose to buy some, do some reading and know what pitfalls others have suffered. If you still decide to "get in", develop your position gradually over the long term instead of making large bulk buys. Know what the coin you are buying does, if anything other than hold an arbitrary value.
	Quote 1 members found this post helpful.