a lot of ppl keep asking me about bitcoin and crypto in general and how to get started, so im gonna use this thread to consolidate some info
Bitcoin: peer to peer version of electronic cash. You can read the original whitepaper describing it here: https://bitcoin.org/bitcoin.pdf
good books to read: https://www.amazon.com/Mastering-Bitcoin-Unlocking-Digital-Cryptocurrencies/dp/1449374042 https://www.amazon.com/Digital-Gold-Bitcoin-Millionaires-Reinvent/dp/006236250X
this is long but it's solid general overview of cryptocurrency vs. fiat currencies and why bitcoin has value https://medium.freecodecamp.org/cryptocurrency-101-7197684775fd
^ also provides some insight on how you can buy/store your cryptocurrencies and someone's personal experience w/ trading
another good starters guide by @Panama_TJ: https://decentralize.today/starters-guide-for-crypto-trading-8d4b9862735
^ I recommend reading the interviews he does on his page if you want to see various people's personal trading experiences with crypto
another solid beginner's guide, also covers some of the prominent exchanges and warns against hyip schemes lol https://cryptohustle.com/bitcoin-and-cryptocurrencies-for-beginners
good insight on 'alt coins' or 'crypto assets' and the benefits and downsides of decentralized applications https://blog.chain.com/a-letter-to-jamie-dimon-de89d417cb80
interesting insight on bitcoin as a protocol instead of money by @Beautyon_ https://hackernoon.com/why-the-quoted-price-of-bitcoin-doesnt-matter-86ded11a8cb5
Technical Analysis: http://www.investopedia.com/university/technical/
trading crypto is similar to trading forex http://www.investopedia.com/university/forexmarket/forex1.asp https://www.babypips.com/learn/forex
. @CarpeNoctom 's articles can be helpful on seeing technical analysis from different timeframes & perspectives https://bravenewcoin.com/news/bitcoin-price-analysis-volatility-reigns/
. @VentureCoinist is also a good resource for TA, explains his ideas well in his threads and his telegram channel https://twitter.com/VentureCoinist/status/920804506249478144
I recommend starting with understanding basic candlesticks, horizontal support/resistance and trend lines
after you get a good grasp of the basics I would look at exponential moving averages, stoch rsi/rsi, macd, ichimoku cloud, & bollinger bands
http://tradingview.com is free and is a good site to use to practice
example of how to use ichimoku cloud: https://twitter.com/CarpeNoctom/status/611631313108381696
. @cryptomocho & @Cryptomickey are good resources if you're looking for low cap/micro cap coins https://twitter.com/Cryptomickey/status/917053770630012928
important article on securing your crypto assets by @notsofast https://steemit.com/bitcoin/@notsofast/4-ways-to-secure-your-bags-bitcoin-altcoins-cryptoasset-tokens-whatever-a-notsofast-security-primer
my bro @DollaSignBeezy 's general thread on crypto: https://twitter.com/DollaSignBeezy/status/890417917539434496
my bro @bitcoinzay has a youtube channel and a site for educating people about crypto: https://krbecrypto.com/
hereâs my coinbase referral link $10 free if you havent bought any bitcoin yet
http://coinbase.com/join/597df5c3724fa10091ffb562

reminder that < ~1% of the global population has bought any cryptocurrency https://www.forbes.com/sites/apaul/2017/11/27/its-1994-in-cryptocurrency/
thread of some of the major altcoins % return on investment this year lol https://twitter.com/DollaSignBeezy/status/935717776936841217
more questions I keep getting:
*no you don't have to buy an entire bitcoin, you can buy any amount of partials from $1 to $1000 worth
*yes you can withdraw your money whenever you want, crypto is 24/7 & coinbase is insured https://www.coinbase.com/security
*no you don't have to buy an entire bitcoin, you can buy any amount of partials from $1 to $1000 worth
*yes you can withdraw your money whenever you want, crypto is 24/7 & coinbase is insured https://www.coinbase.com/security
*dont keep money on exchanges buy a http://ledgerwallet.com
another great thread https://twitter.com/woonomic/status/937171129134874630
this one is great too https://twitter.com/cburniske/status/937078996218646528
have received a lot of dms asking how to do this so I just wrote this up https://medium.com/@OnGodBruh/how-to-buy-altcoins-cfd0e33f4ff3?source=linkShare-6930b9f6e320-1512668149
"Bitcoin is text. Bitcoin is speech. It canât be regulated in a free country like the USA where the people have guaranteed protection of their inalienable rights." - @Beautyon_ https://hackernoon.com/senate-bill-s-1241-a-threat-to-america-456873d4eccc
this is well done and easy to understand https://medium.com/@mrkacperczyk/answering-all-cryptocurrency-newbie-questions-d1683652dec8
this will age well https://www.linkedin.com/pulse/paradigm-shifts-ray-dalio/?published=t