So I've finally bought bitcoin after reading all the advice from everyone around here. Thanks so much everyone, it was actually quite easy I don't know what I was so overwhelmed with the process early on and waited so long.
HERE a few week back. Check the never ending comment thread whole the process.I want to that @thedamus for laying out the entire process for all to see with @goldenarms in this post
He suggested a Jaxx Wallet app on my Iphone which was super simple to set up. Then I made an account with Canadian Bitcoins as suggested and after a few days of photos back and forth it was all set up and I made my first purchase of $500CAD. Here are the very exciting results.
Of course I immediately transferred it all to STEEM using Blocktrades to power up my account, hoping to be a epic whale, drop huge upvotes and get a vote slider finally, but it appears I came up a bit short after all the currency conversions were done it was only 255 STEEEM.
But my 100% upvote did go to whooping $0.05, If I ever let it actually recharge to 100%. But now I'm on a mission to get a that last little bit of STEEM I need. I really want that darn vote slider finally and then I want to get some extra to start exploring some delegation to all the great communities and initiatives that have helped me so far here on Steemit.
Watch closely, I'm going to raid my silver hiding spots this weekend and find a few pieces I am willing to part with and make a few more trades/sales with this new bitcoin wallet and STEEM/SBD. (Any requests anyone-I have a little bit of everything and I'm going to get those bears for you @thedamus)
I am also looking for further advice about what to do next. I understand that Bitcoin is the gateway coin to trade for other coins. So I must need some accounts with some of the exchanges or however this all works. Also should I get this Trezor Wallet everyone suggests to move the coins off my Iphone. Then how do I move coins between wallets, is there a fee, so many more questions.
Also if anyone knows the secret next coin that's dirt cheap but going to go crazy in a few years so I can retire and live off the land feel free to let me know as well.
this post
Super excited to be dropping this epic new Team Canada banner by @bearone. She is the amazing art queen here around steemit check her out, and check out from @goldenarms the mastermind behind this new #teamcanada initiative.
there are exchanges where you can use litecoin/dogecoin (cryptopia) as base currency...
Bittrex kinda has ETH market, but not many pairs on that one...
Most of the time it's indeed BTC...
I wouldn't have done the power up, I have been using power down for months now...but good luck with getting that slider.
Thanks man, I really love this platform and will likely focus on a bit more Steempower for the next while.
Good on you for taking the plunge into crypto! It can be daunting but very rewarding too.
Trezor is a good option. I use KeepKey which is very similar, though you won't be able to store your STEEM on it as only a few of the main currencies are supported. Personally I think Bitcoin is a good place to be right now, but opinions on coins are like arseholes. Everyone has one.
My advice, take it slow and learn as you go. There are a lot of traps and scammers that can catch out newbies and take your money so err on the side of caution. It is nowhere near as safe as precious metals.
Yeah, I will definitely take it slow and only invest as much as I'm willing to loose. I am a very poor gambler and not going to take many risks.
How awesome is @thedamus? He's put 3 of us atleast into finally taking the Bitcoin plunge! I'm glad to know all you guys, this community is the bomb. Banner looks so sick! @bearone is a princess
He has been awesome to us all eh, great to have someone with so much experience to hold our hands to take this leap. I can no say enough good things about @bearone she has been so supportive to the entire steemit community.
Just seeing this now! Awww shux guys, thanks for the props! You are obviously fine humans that deserve to be philosopher kings! Buy it. Hold it. It is going to be really fucking large beyond what you understand today.
I think I need to do the same.
click here!This post received a 1.5% upvote from @randowhale thanks to @phelimint! For more information,
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@phelimint got you a $1.65 @minnowbooster upgoat, nice! (Image: pixabay.com)
Want a boost? Click here to read more!
Now your a kid in a candy store, just like your first silver purchase. We always want more more more.
Yeah pretty much eh, just what I need another addiction...lol.
congrats I'm here to share the same experience!
Is it profitable
Awesome stuff! You’re doing great, friend! If I weren’t following you already, this post would definitely have earned you a new follower. ;)
Also, I’m using Ledger Nano S hardware wallet and I am very happy with it. But Trezor is just as good, from what I hear from my friends who have it.
Thanks for the support man! I think I will definitely have to pick up a hardware wallet that seams to come highly recommended and I'll take at look at the Ledger Nano S, too thanks for the recommendations.
Good Luck!
I'm hearing good things about Helium.
I haven't looked into it personally, but some people I respect have said it's worth learning about.
Thx, I'll definitely have to look into it.
Steem Witness Hope you enjoyed your bellyrub!This post has received a Bellyrub and 7.08 % upvote from @bellyrub thanks to: @phelimint. Send SBD to @bellyrub with a post link in the memo field to bid on the next vote, every 2.4 hours. Be sure to vote for my Pops, @zeartul, as
Steem Power is your best bet. Get as much as you can. Also buy EOS.
This is actually one I've been seeing a lot about recently and the one that is most intriguing to me.
Way to go!
Snap!! I bought my first bitcoin today!
I also posted my first post today!
A day of 1sts, a good day!😊
Good luck with your crypto I'm totally clueless on this!
Yeah, it's been an exciting and eye opening experience here on steemit eh, so much to learn.
An auspicious moment in your life! Be smart and get more!
This is great for relative noobs like me :) Thanks!
Please, please be careful posting screenshots of your wallets and/or transactions.... the never-do-gooders are out and about.
Yikes, Thanks for the info, I though this part was safe to show, guess there is much more to learn.
Welcome to the party!!
Follow me for lots of Canadian crypto content
https://steemit.com/altcoins/@darkflame/simple-steem-chart
Congrats and good for you!
Good on you bro!
You will get the slider at 500 sp.
Look into delegation with minnowbooster.
This can get your vote power up quickly.
Your vote value is around .00014-.0002 times your total sp. :) (I think i changes periodically, I've seen it as high as .0004)
Don't delegate out any sp till you have extra as it will lower your vote power.
Thanks for the info man, getting very close to the slider now then.
couple steem into minnowbooster memo 4 and you'll be there :)
That is truly fantastic!
Awesome Phil! Gimme a day or so and i will send more info... in the meantime, click those 3 little white lines at the top of jaxx page, go to currency, and then choose "CDN." Go back to front page and Voilá, your btc holdings will be valued in Canadian dollas.
Also, be aware that silvergoldbull.com accepts btc for metals and it's discounted versus a CC payment ;)
Further, everytime you move it it costs a few cents, and every conversion will cost a bit too depending how you do it. But HOLD some btc man, it's going to go fucking ballistic sometime soon.
Cheers!
Awesome man, I switched it to CAD. I actually have alot of follow up questions for you, hopefully we can touch base sometime, if your willing, shoot me and email at phelimint@gmail.com.
I have the answers
Great Job! Buy more Steem...
Thanks, That is definitely priority 1.