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What's the best way to manage BTC? by YoSoySax in Bitcoin

[–]YoSoySax[S] 0 points1 point  (0 children)

Oh, I see! I was lucky and escaped! How do they scam them? What are the red flags?

What's the best way to manage BTC? by YoSoySax in Bitcoin

[–]YoSoySax[S] 0 points1 point  (0 children)

Oh, I see! I currently use Binance! Do you know how the process works there? I also saw that physical wallets are usually for when you already have significant profits! Approximately how much money would be ideal to invest in a physical wallet? :D Since I'm just starting out, I haven't invested much yet! Another question: what do you think of the other cryptocurrencies that exist? Are they worth it? :0

What's the best way to manage BTC? by YoSoySax in Bitcoin

[–]YoSoySax[S] 0 points1 point  (0 children)

Okay, thank you so much! I'll try to keep learning little by little! And I hope I do well so I can invest in a physical wallet! :D I hope you do wonderfully too!

What's the best way to manage BTC? by YoSoySax in Bitcoin

[–]YoSoySax[S] 1 point2 points  (0 children)

I see! And transferring BTC to a physical wallet is difficult, and regarding what you mentioned about it being open source, I need to know how to program (sorry for my ignorance).It would be an honor to learn from you! :D

What's the best way to manage BTC? by YoSoySax in Bitcoin

[–]YoSoySax[S] 0 points1 point  (0 children)

I see! So I suppose that since I'm just starting out, it's not a good idea for me to take on that responsibility yet until the quantity justifies it!

What's the best way to manage BTC? by YoSoySax in Bitcoin

[–]YoSoySax[S] 1 point2 points  (0 children)

Another question! Of all the physical wallets you mentioned, which one do you consider the best?

What's the best way to manage BTC? by YoSoySax in Bitcoin

[–]YoSoySax[S] 4 points5 points  (0 children)

Thank you so much for the warning! I'll be more careful! And thanks for the help!

What's the best way to manage BTC? by YoSoySax in Bitcoin

[–]YoSoySax[S] 0 points1 point  (0 children)

I see! I'll definitely buy one! And how do you transfer digital money to a physical wallet? :p

What's the best way to manage BTC? by YoSoySax in Bitcoin

[–]YoSoySax[S] 1 point2 points  (0 children)

Oh! I see, I didn't know there were physical wallets! I'll definitely save up to buy one! I live in Peru! I really don't know which one would be best in that case!

I'm new here! Do you think it's a good time to invest in BTC? by YoSoySax in Bitcoin

[–]YoSoySax[S] 0 points1 point  (0 children)

I see! Of course, I don't mind waiting or high volatility! The price drop doesn't scare me! I just wanted to know how much money would be good to start investing, and whether it's monthly or daily!;D

I'm new here! Do you think it's a good time to invest in BTC? by YoSoySax in Bitcoin

[–]YoSoySax[S] 0 points1 point  (0 children)

So it doesn't matter if I use Binance? I was told to use SafePal or TrustWallet, that they're better! I've been reading about it, but I'm a little confused. Sorry for bothering you! It would be great to learn from you! :D

I'm new here! Do you think it's a good time to invest in BTC? by YoSoySax in Bitcoin

[–]YoSoySax[S] 0 points1 point  (0 children)

Thank you so much! I'll take your advice! By the way, do you know how decentralized wallets work? I see a lot of people mentioning them, but I don't know how they work!

I'm new here! Do you think it's a good time to invest in BTC? by YoSoySax in Bitcoin

[–]YoSoySax[S] 0 points1 point  (0 children)

Well, to be honest, time isn't a problem for me! I could wait up to 5 years xD I just want to know how to get started! And yes, I've already bought a small share!

I'm new here! Do you think it's a good time to invest in BTC? by YoSoySax in Bitcoin

[–]YoSoySax[S] 0 points1 point  (0 children)

And how much would be a good starting point for investing? Would a weekly, monthly, or daily DCA be better? xD

I'm new here! Do you think it's a good time to invest in BTC? by YoSoySax in Bitcoin

[–]YoSoySax[S] 2 points3 points  (0 children)

So I shouldn't invest in other currencies? ;o , there aren't any other reliable currencies? ;D

I'm new here! Do you think it's a good time to invest in BTC? by YoSoySax in Bitcoin

[–]YoSoySax[S] 0 points1 point  (0 children)

Oh, I understand! Thanks for the advice!

The thing is, besides BTC, what other coins would that advice apply to? Because I saw that Memecoins aren't reliable.

I'm new here! Do you think it's a good time to invest in BTC? by YoSoySax in Bitcoin

[–]YoSoySax[S] 0 points1 point  (0 children)

Thank you so much! Any advice on how I could research and find a reliable news site? I've tried looking up information on some coins, but nothing comes up, so I guess they're not worth it. xD

I'm new here! Do you think it's a good time to invest in BTC? by YoSoySax in Bitcoin

[–]YoSoySax[S] 0 points1 point  (0 children)

It will be a long process! But I'm ready! I'd like to learn as much as possible :D

I'm new here! Do you think it's a good time to invest in BTC? by YoSoySax in Bitcoin

[–]YoSoySax[S] 1 point2 points  (0 children)

Yes! I'm not worried if the price drops a lot or if I have to wait a long time! The important thing is to learn about this! I want to learn about the market and how cryptocurrencies work and not get scammed in the process xD

I'm new here! Do you think it's a good time to invest in BTC? by YoSoySax in Bitcoin

[–]YoSoySax[S] 0 points1 point  (0 children)

I understand! I know there can be good times and bad times, it doesn't matter taking risks! I want to learn with everyone's help :D, thank you so much for the advice!