NEWBIE CRYPTO THREAD

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Ask any questions related to crypto. How to keep your coins safe? What is buy and sell wall? What is the best coin to invest? How to get your first bitcoin? Ask your questions here; no bullies allowed.

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>>2254187
The story of the nigga who created bitcoin

Rumor has it that this man created Bitcoin; his street name is “Satoshi Nakamoto”

In 2008, Mr. Nakamoto was sniffing coke off a stripper’s ass and getting high in the strip club. But then the 2008 subprime market crash happened in the USA, which led to a world wide depression.

(What is the subprime market crash? Because bankers being greedy hooked nose crooks. The bankers scammed people and then, in turn, the government bailed them out. What the fuck?)

Mr. Nakamoto said: “These fucking hooked nose bankers, I’ll create my own digital cash, I don’t give a fuck!”

In his underwear, he wrote the code for bitcoin. Thus, in 2008, bitcoin was born.

(It took him 17 minutes to write the code for bitcoin; after that he took a shit and then fucked a high class hooker. Don’t ask me how I know this)

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Whether you have bitcoin or etherum, you don’t want no mother fucker to steal your coins. So you have to keep it safe. How so?

Ranking, from worst to best:

1. Keep your coins in an exchange like Poloniex.com or Bittrex.com. Why? Because the exchange can get hacked and you’re shit out of luck, my friend)

2. “Hot wallet” AKA online wallet like coinbase.com or Jaxx app. Why? Because you don’t control the private keys. This means that you’re fucked if coinbase.com got hacked. What about Jaxx App, which is an adroid app? Hackers can hack your phone by putting a keyword logger, so you’re fucked too. Oh boy.

3. Paper wallet. Getting better – most thiefs aren’t savvy and your paper wallet looks like a QR code. However, you can lose your paper wallet if you lose your paper wallet, someone is smart enough to know your paper wallet is your private key. Paper wallet is free and easy to make …

Encrypted wallet .dat file. You can store your encrypted .dat wallet into a USB thumb drive. Now you’re getting pretty secure. However, be sure to make multiple copies of it, because if you lose it you’re shit out of luck my nigga.

4. Hardware wallet – the best! There is a lot of hardware wallet in the market like Trezor, Nano Ledger S (my recommendation) or KeepPassX. Even if there is spyware on your computer, your coins are safe because a nigga can’t steal your coins, since the hardware wallet is almost walled off from the Internet. Also when you start your hardware wallet, you generate “seed words”, so even if you lose your wallet you punch in your seed words and it reconstructs your wallet from scratch; thus as long as you keep your seed words safe you’ll never lose your coins. FUCKING AMEN, thank you Jesus.

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Question: I want to become a smart nigga, how do I make money from trading coins? Please help!

Do you know why Warren Buffet is worth $79 billion USD? Because he’s a smart nigga and he does a lot of cocaine off a hooker’s ass. You want to be a smart nigga like Warren Buffet because he reads 8 hours a day. When you’re smart, you make smart investments; so don’t be a dumb nigga.

You want to study crypto 8 hours a day so you can become a Warren Buffet nigga of crypto. You want to be a mother fucking expert!

You should know crypto like the back of your hand, like: what is blockchain technology? Where did the technology come from? Where is it going? What are the big institutions invested in crypto right now? When will dumb normies come into the crypto space? What is a hard fork? How do you invest in ICOs?

That’s why you have to read and study 8 hours a day if you want to become “smart money” and become a rich nigga in a lambo. If you don’t study, you’re not smart thus you’re a dumb nigga driving a ford.