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8 contributions to First Step Bitcoin
What if the price of Bitcoin dropped by 50% or more by the end of the year?
Right now it looks like we are at the beginning of a classic bitcoin Uptober Bitcoin hit a new all-time high price today at $126K But what if Bitcoin dropped to $64K or less by Christmas? How would you feel? What would you do? What would you be telling yourself?
What if the price of Bitcoin dropped by 50% or more by the end of the year?
3 likes • 1d
I would say its time to buy!
I could use your help
I am currently in the process of updating the main/first course in the classroom area. With the first course I’m going to focus on helping people know what to do to get started with bitcoin The course is going to cover these steps: 1. Open an account on a Bitcoin-only exchange and buy first Bitcoin 2. Set up a secure Bitcoin-only wallet 3. Backup the recovery phrase for the wallet 4. Do a test recovery of the wallet 5. Set up regular, recurring, automatic buys of Bitcoin 6. Set up regular, automatic transfers from the Bitcoin-only exchange account to the Bitcoin-only wallet I could use help with three things 1. Feedback on the course outline 2. Feedback on the course modules after they're posted 3. Suggestions on what to focus on for next steps after the first course is completed I’ll post a separate post for item #3 and I’ll post a request for feedback after each module is published and live. For now, please let me know what you think about the first course outline I posted above The focus of the course is to help people take action and: buy their first bitcoin, set up a secure wallet to store the bitcoin long-term, and to automate regular buys to start wealth building with bitcoin. Am I missing something important for new bitcoiners to do to get started well in Bitcoin? Do you have any concerns or questions about any of the steps in my outline? Thank you for your help with this! I look forward to your feedback
I could use your help
3 likes • 15d
I like this! The only thing maybe to add is something about why bitcoin. What makes bitcoin different from other crypto. So ppl dont start making purchases without understanding
1 like • 15d
@AP Wilcox yeah. I think a good "why/what is" bitcoin as an intro could be good. Then all the how to videos
Do you think hardware wallets are worth it for beginners?
Should someone new to bitcoin be using a hardware wallet? First off, what is a hardware wallet? A hardware wallet is a small electronic device that is used to approve transactions from a bitcoin software wallet. You have to get a code from the hardware wallet to the software wallet in order to send any bitcoin from your software wallet It makes your bitcoin only software wallet, even more safe. But do beginners need it? Please tell me your thoughts in the comments? I will post my thoughts in the comments as well
Do you think hardware wallets are worth it for beginners?
3 likes • Sep 1
@AP Wilcox cypherock for bitcoin. Tangem for everything else. Also keep them in a faraday cage.
2 likes • Sep 1
@AP Wilcox depends if u generally have issues with tech. Im the type of person who will obsesively reasearch before I do anything. So I chose it because there is no phone app. Seemed more secure. I find they do a good job guiding you step by step on how to set it up. But its not the most intuitive.
Have you used Bitcoin to sell something?
Have you ever sold anything for Bitcoin? A product? A service? Getting rid of some of your old stuff? You’d be surprised how easy it is to sell things for bitcoin. You’d also be amazed at the benefits of selling for bitcoin. Amazingly low transaction fees No chargebacks The transaction settles in minutes and is not reversible You can sell almost anything to almost anyone in the world. What have you sold for bitcoin?
Have you used Bitcoin to sell something?
2 likes • May 16
I have not! Never thought about it
What’s the best thing you ate this last week?
My wife and I went to In-N-Out this week for lunch It’s one of my very favorite hamburgers, and at $3.65 it’s an unbeatable value! What’s one of the best things you had to eat this week?
2 likes • May 2
Steak! Always steak
0 likes • May 3
@AP Wilcox entraña (skirt steak is the closest in the US). Medium rare always
1-8 of 8
Dr.Evelyn Szeinbaum
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@evelyn-szeinbaum-2472
Naturopathic Doctor and TCM practitioner. Restored my energy, mood and fertility. And I'm on a mission to help millions of women do the same!

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Joined Sep 21, 2024
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