Simple Steps To Purchasing Your First Bitcoin

Purchasing your first Bitcoin can be an exciting yet slightly daunting experience, especially if you’re new to the world of cryptocurrency. Here, we present a beginner’s guide to help you navigate the process with ease. Step 1: Choose a Reputable Cryptocurrency Exchange Before you can buy Bitcoin, you’ll need to register with a cryptocurrency exchange. It’s essential to choose a reputable exchange that offers a user-friendly interface, security features, and a wide range of supported cryptocurrencies. Some popular exchanges include Coinbase, Binance, Kraken, and Bitstamp. Step 2: Complete the Verification Process Most exchanges require users to verify their identity to

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8 Beginner Bitcoin Questions Answered

I asked some friends who were Bitcoin noobies what they wanted to know about Bitcoin, and was ready with some answers. Here’s what we came up with. Common Questions about Bitcoin, Answered How does mining work? Mining is a key component of the Bitcoin system. It helps secure the network, is integral to the issuance […]

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How To Buy Bitcoin and Other Cryptocurrencies Using Paypal

How To Buy Bitcoin and Other Cryptocurrencies Using PaypalThese days there are myriad ways people can purchase cryptocurrencies, and the payment platform Paypal is a popular choice. Multiple crypto brokerage services and exchanges allow people to buy digital currencies with the payment option. The following post is a simple guide and list of exchanges that support Paypal payments so you can get started […]

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How To Start Using Bitcoin: Buying, Storing, and Spending Crypto for a Total Newb

How To Start Using Bitcoin - Buying, Storing, and Spending Crypto for a Total NewbFor the already initiated, there is a little spoken of land outside of crypto world where legions of normal people hear about Bitcoin and are interested, but don’t know where to begin. This is a problem considering the creator of Bitcoin, Satoshi Nakamoto, designed it as a peer-to-peer electronic cash system for anyone to use. […]

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Where, What and How: Everything You Should Know About Buying Your First Cryptocurrency

Where, What and How: Everything You Should Know About Buying Your First CryptocurrencyIf you already own bitcoin, this article’s not for you – though you’d probably have appreciated it when you were first starting out. This one goes out to anyone who’s yet to dip a toe into the world of cryptocurrency, but is seriously considering it. Over the course of this guide, you’ll discover the best […]

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Top 4 Project Aspects You May Be Overlooking

For traders and hodlers alike, it’s of utmost importance to assess potential projects to determine whether or not they have a strong future and are worthy of one’s interest and investment. While factors like strength of teams, trading volumes, current and future products, and roadmaps are essential, they only represent a handful of numerous metrics […]

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What College Kids Are Saying About Cryptocurrency

TheMekrle_University of Cantabria Bitcoin BlockchainOn Friday, February 9, I had the opportunity to attend a cryptocurrency talk hosted by my school’s computer science club. This event was just one of a plethora of talks that have been taking place at colleges and universities throughout the world. My college can best be described as a private, liberal arts college in the US with a student body of just under 1,500. The Computer Science department is made up of only four professors and a few dozen CS majors. While the school certainly doesn’t resemble Berkeley or New York University, it is worthwhile to recognize the growth of cryptocurrency taking place everywhere

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Seven Deadly Trading Mistakes Every Rookie Makes

Seven Deadly Trading Mistakes That Every Rookie MakesSo you’ve created a Coinbase account, bought your first fraction of a bitcoin and followed up with half a litecoin. You’re now ready to become a cryptocurrency trader. You fire the lot over to an exchange where the first coin you purchase shoots up by 10% before you sell, smug in the knowledge that you’ve […]

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Here Are Three Major Mistakes Made by New Traders

TheMerkle Novice Bitcoin user MistakesWith increased public awareness of Bitcoin and altcoins, many new faces have recently entered the crypto scene for the first time. Of course, new traders will make many bad decisions, and for the most part, they will improve with time and experience. However, a number of these mistakes are common, and can easily be identified and avoided. Ignoring Market Cap Ignoring market capitalization is a pretty common issue that seems to persist almost universally among new traders. The mistake is that these traders look at the price of a coin, not its market cap, to decide whether or not to buy it. They look

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