New to crypto? You're in the right place!
This thread is dedicated to beginners. Don't be shy – ask any question, no matter how basic it seems. We've all been there.
Topics you can ask about:
- Choosing a wallet (hot vs cold)
- How to buy your first crypto
- Understanding blockchain and tokens
- How to avoid scams
Let's make crypto simpler – one question at a time.
When I was starting out, the most confusing part was understanding the difference between tokens and coins.
🔹 Coins (like BTC or ETH) usually live on their own blockchain.
🔸 Tokens (like USDT, LINK) run on top of another blockchain (like Ethereum or Solana).
Also, if you're buying for the first time:
- Use a well-known exchange (Kraken, Coinbase, WhiteBit)
- Always enable 2FA right away
- Start with small amounts until you get comfortable
I made the mistake of aping into a memecoin early on and learned the hard way about exit scams 😅
Happy to answer more beginner Qs. We all started somewhere!
Don't try to learn everything at once. Pick 1 topic (wallets, exchanges, or security) and go deep before jumping to the next.
Hey y'all - if I just want to buy some BTC and hold it, should I go with a cold wallet right away or start with something like Trust Wallet first? 🤔
(Also... is buying on PayPal a bad idea?)
I'd say start with something easy like MetaMask or Coinbase Wallet so you get comfortable with sending/receiving crypto. Once you've got the basics down and hold more value, definitely move to a hardware wallet for long-term security.