I'm thankful to have been joined by @choogirl, @followbtcnews, @scaredycatguide as we work through the basics of how a new person to crypto would buy/sell fiat for crypto or crypto for fiat. Then we walk through some wallets, exchanges, and do the very lowest level of crypto investing terms and tools.
This show specifically avoids talking about hot picks for a given week or what folks should buy. We don't know your financial situation so we can't tell you what you should be doing or what risks you should be taking on. That said, for many people a position in crypto currency could be a good investment and could fit within the scope of their current investments.
While some of the show had a US centric perspective there we do present some of the concerns of our international audience, specifically our Australian counterparts, and provide a few web links they can use to exchange fiat and pay their bills.
Websites Vistited
https://coinbase.com
https://btcmarkets.net
https://uphold.com
https://localbitcoins.com
https://bitpay.com
https://steem.cards
https://paywithsteem.com
https://amazon.com
https://www.livingroomofsatoshi.com/
https://blocktrades.us/
https://coinmarketcap.com/
https://www.livecoinwatch.com/
https://www.tradingview.com
https://steemit.com/market
https://bittrex.com/
https://bitshares.org
https://www.myetherwallet.com/
Additionally spoke about the Jaxx and exodus wallet, which are lite wallets that can store multiple currencies.
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@clarkk | Feb. 3, 2018, 6:40 p.m. | Votes: 2 | [
VOTE ]
@twirble just said the crypto world is mysterious i agree with you but not fully. Yeah my iwn opinion and observations on the crypto market is that its always a dwindling one,today its up tomorrow it goes as twice. Now bitcoin has dropped to an unimaginable level and ripple that was topping the chart of top value crypto currencies on the likes of EThereum and steem is no where to be found,and alot of analyst has made it known that in the next future of like 3months there would be a boom in these crypto currencies especially bitcoin because japan,germany,Nigeria,russia and few other countei3countries are really into it and tending to legalize it as legal tender. So for logical investors,they shoulf stick to what they got in their wallet and purchase more now alot are trading it at cheaper rate because there sure will be a boom..thanks for your information @aggroed steemians appreciates your view.
While I agree with the comments about Coinbase being very limited, it does offer account protection that few exchanges or wallets can offer, due to it's regulated status in the US. The crypto market is confusing to new investors but you also need to remember to think about the safety and security of your investment, not just the potential profit.
Ultimately, it's like the stock markets - never invest more than you can afford to lose, and learn all that you can about the market in general and your investment in particular.
With more than 1300 cryptocurrencies being traded today and ICOs popping up almost every day - there are going to be some excellent opportunities out there - Steem is certainly among them.