WelcomeUser Guide
ToSPrivacyCanary
DonateBugsLicense

©2026 Poal.co

1.3K

Crypto is something that you hear a lot about lately, but I've never gotten a grasp on what it is or how buy it and use it. Is there a good non-jewed video I could watch or something I could read that explains it and shows you how to get into it? I've tried to watch a few videos but they're all over the place. There's a ton of foreign concepts to me like wallets, block chain, etc.

Crypto is something that you hear a lot about lately, but I've never gotten a grasp on what it is or how buy it and use it. Is there a good non-jewed video I could watch or something I could read that explains it and shows you how to get into it? I've tried to watch a few videos but they're all over the place. There's a ton of foreign concepts to me like wallets, block chain, etc.

(post is archived)

[–] 1 pt (edited )

If you download the very original Bitcoin-qt client you can download the entire copy of the ledger ( aka blockchain) and it is like 400gb or so in total storage space required. Bitcoin qt client is the original wallet application and in that application there is a “receiving address” section that supplies your receiving addresses associated with your newly created wallet.

https://duckduckgo.com/?q=bitcoinqt+receiving+addresses&iax=images&ia=images

Or you can use popular applications like ones in the App Store like trust wallet or MetaMask.

But you basically have to get you a receiving address somehow and then you can think of it like your home address. And the Bitcoin is the package. So next step is to get some Bitcoin somewhere I.e an exchange like Coinbase, uphold, KuCoin. I personally like to store my long term investments in what people call a cold wallet and then if the exchange gets hacked your coins are safe. And that is because an exchange just has multiple different wallets they use to operate and as we know from history they are a huge target for hackers and I think even some of the exchanges are insured for certain amounts from loss if they get hacked.

[–] 1 pt

How do I go about getting a cold wallet?