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Total N00b - can anyone advise on the best things to do buying crypto currency?

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  • Total N00b - can anyone advise on the best things to do buying crypto currency?

    Hey people!

    I want to squirrel away some crypto currency that I can forget for a few years and then be a bazillionaire. (lol fat chance)

    Well I do want to buy some...

    What am I looking for and what exchanges are OK etc? are there any decent guides out there that people would recommend?

    Thanks in advance

    ( I wont be buying right now - want to watch what is happening)
    http://steamcommunity.com/id/smellyferret

  • #2
    Buy from reputable exchange places like Kraken/Coinbase. Then store coins in an offline cold storage wallet for rainy day. Really is as simple as that, just don't forget password or lose private key for this wallet.

    4770k @ 4.6, XSPC Raystorm, Avexir 4x4GB 2400MHz, ASUS Z87 Maximus Hero VI, Tri-fire 290x/290x/290 Reference EK 290X CSQ Full Nickel Blocks, Alphacool 240 ST-30, Alphacool 360 ST-30, Asus Xonar, Alphacool D5, Corsair AX 1200i, Carbide 540

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    • #3
      I buy from LocalBitcoin.com, the rates will be better on their website, but you do have to build up a positive reputation to trade at the best rates. Some sellers require ID checks and a fair bit of personal info, so it can be a bit tedious.

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      • #4
        Thanks both
        http://steamcommunity.com/id/smellyferret

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