The minimum toolbox for crypto beginners

in #bitcoin7 years ago (edited)

Here is a short list of links that should be very handy for beginners in the crypto world to start getting around the subject matter:

1. The overview

To get quickly a general view of the crypto market(s), this a key one:
https://coinmarketcap.com/

2. The first actions

a. the starting point: the bitcoin reference website

Now, to start acting in the crypto world, as of today, it all starts with bitcoin. The other cryptos will come right after, but bitcoin is the sensible starting point. So the very first step is the actual official website for bitcoin:
bitcoin.org

b. The wallets

There, from the resources section (https://bitcoin.org/en/resources) you can learn more about bitcoin, and inevitably you will learn about wallets, because to participate you will need a wallet one way or another.

One very convenient, fast and easy way to get a first cold wallet will be with the page located at:
www.bitaddress.org

c. The exchanges

Right after solving the wallet question satisfactorily enough, you will then get to the exchange question. The exchanges are services that give you a way to buy bitcoins with your traditional currencies: USD, Euro, Yen...etc...
A good starting point for that is again the resources section of the reference website:
https://bitcoin.org/en/resources

3. Checking the effects

Whether you acted or not (yet), there is this convenient way to check the amounts that circulated in and out of any bitcoin address, and that is:
blockchain.info

Therefore, on that website, you can easily check if your bitcoin address, that you have created by now, has received the bitcoins you may have purchased and sent to.

4. An example

Finally and simply to start getting a taste of what this blockchain idea could potentially be used for, there is nowadays this interesting website that relies on it. Thanks to its blockchain the participants, i.e. contributors, can be rewarded with crypto values:
steemit.com

Conclusion

Hopefully this quick page can be handed out to anyone beginning with the cryptos to help them jump start their way around this new paradigm of the blockchain and cryptos, which today does feel a little bit like stepping into the wild wild west...

Links summary:

  • coinmarketcap.com
  • bitcoin.org
  • bitaddress.org
  • blockchain.info
  • steemit.com

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