• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Home
  • About
  • Book
  • Amazon
  • Cabo Rental
  • Projects…
    • The Inuit were never in Ketosis
    • The Manifesto
    • Gut Health
    • Elixa Probiotic
    • Resistant Starch
  • Archive

Free The Animal

Ex Navy Officer. Owner of Businesses. Digital Entrepreneur. Expat Living in Thailand. 5,000 Biting Blog Post on Everything since 2003.

My Interview at Sigma Nutrition Radio – Ketosis: A Call For for Context & Sanity
Mark Sisson Schools Jimmy Moore On Keto Clarity

How To Trade Cryptocurrencies

September 20, 2017 1 Comment

alt-cryptocurrencies

It’s a very unfamiliar world for most people but over the years has become less and less daunting, owing to the rise of exchanges and other various tools. We’re going to cover it all right below so read on.

This is to be a “living” guide that I regularly review and update as new information and tools become available, are adopted, and embraced. For this initial release, It’s my aim to make it straightforward, not overwhelming, but also with a few more advanced features tossed in. Many Patrons are already trading in cryptocurrency which is a huge bonus for everyone. Rising tides lift all boats.

Read the huge rest, covering everything, on Patreon.

Here’s the outline

  1. Getting from your fiat currency into crypto
    1. Getting them from and exchange
    2. Buying Bitcoin from an ATM
    3. Buying Bitcoin face-to-face
  2. Buying and trading ‘altcoin’
    1. Which exchanges?
    2. Now what do you do?
    3. Then what do you do?
  3. How to send and receive coin
    1. What’s a public address?
    2. Why it’s like mailing cash, except secure?
  4. How to store your coin
    1. Exchanges
    2. Software wallets
    3. Hardware wallets
    4. Paper wallets
    5. Moisture and fire protection
  5. Accounting for transaction costs
    1. Why it was free but now it’s not
    2. Why transaction costs can cost you thousands
    3. How to get Bitcoin for fiat currency for free
  6. Conclusion

I’ve endeavored to make this something the old hands don’t scoff at, the newbies and nobies aren’t overwhelmed by, and it has the fewest errors possible.

But, it’s surely incomplete, doesn’t contemplate only the best, and is already in need of improvement, even before publishing. But that’s the nature of honest and forthright dealing. We’re always wrong, and the struggle is not to be right, but less wrong.

If I can emphasize one thing, it is to have fun with this. If you’re stressing yourself out, and you’re not a pro-trader where that sometimes goes with the territory, then please ensure that the stakes you take are potentially laughable losses. Like, when you go to Vegas and the smart vacationer says “here’s my stake, I’m fine with losing it all for fun, but I’m going to try to be smart and gamble in a way that most prolongs my chances of hitting a rare JACKPOT.”

I welcome all commentary, and especially those comments that can correct any errors I’ve made and enhance this guide with sane and rational additions or even substitutions.

Read the whole Big Ass Thing at Patreon.

Share16
Tweet
Pin
16 Shares

Filed Under: Living Tagged With: bitcoin, cryptocurrency

The Fabulous Gumroad Store

Free The Animal The Paleo Diet Book

The Best Way To Market Research It

Write This, Not That: The 45 Anti-Persuasion Mistakes

The Best Way to Say It: How to Write Anything

PATREON SUPPORT

My own on-the-scene expat photos, stories, podcasts, and video adventures, currently from the island of Phuket, Thailand. Plus, anything else I write or video about.

Become a Patron

VACATION IN MY CABO CONDO


Elixa Probiotic is a British biotech manufacturer in Oxford, UK. U.S. Demand is now so high they've established distribution centers in Illinois, Nevada, and New Jersey.

Still, sell-outs happen regularly, so order now to avoid a waiting list.

Reader Interactions

Comments

  1. fearless September 21, 2017 at 02:33

    Shit. Paywalled. I thought the internetz is free I sayz.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Search FreeTheAnimal

Social Follow

Facebook3k
Facebook
fb-share-icon
Twitter6k
Visit Us
Follow Me
Tweet
Instagram358
Pinterest118k
Pinterest
fb-share-icon
YouTube798
YouTube
Follow by Email8k
RSS780

Post Notification Options

Non-Pestering Newsletter


powered by MailChimp!

About FreeTheAnimal

I'm Richard Nikoley. Free The Animal began in 2003 and as of 2020, has 5,000 posts and 120,000 comments from readers. I blog what I wish...from lifestyle to philosophy, politics, social antagonism, adventure travel, nomad living, location and time independent—"while you sleep"— income, and food. I intended to travel the world "homeless" but the Covid-19 panic-demic squashed that. I've become an American expat living in rural Thailand where I've built a home. I celebrate the audacity and hubris to live by your own exclusive authority and take your own chances. [Read more...]

CLICK HERE to shop Amazon. Costs you nothing.

Shop Amazon

My own on-the-scene expat photos, stories, podcasts, and video adventures, currently from exotic Thailand

Become a Patron

Gastrointestinal Health

Elixa Probiotic is a British biotech manufacturer in Oxford, UK. U.S. Demand is now so high they've established distribution centers in Illinois, Nevada, and New Jersey.

Still, sell-outs happen regularly, so order now to avoid a waiting list.

Elixa Probiotic

My Book

Free The Animal Book

Recent Posts

Stop Imagining; Do Something Big Instead

On November 6, I shut off Fox Narrative, got in the car, and drove 8 hours to the province. I haven't watched a second of that shit stain ...

Read More

Follow Me on Parler

If you want. If anyone is wondering where my Twitter presence went, they summarily bombed my account after 13 years and 7,000 followers; and as ...

Read More

I Want You To Think Diet and Lifestyle

I said I am getting back into diet advocacy. This is true. What I have come to realize—in both the intervening years since I was a Paleo Diet ...

Read More

Is it Time to Turn Back My Attention to Weight Loss?

So is the whole world, not just America. No matter where in the world you look—no matter which gender, which race, which culture, which ...

Read More

Making It Easy In A World Gone Crazy

A picture is worth a thousand words, they say. Sure, 11 year old Chili to the right and 10 year old Wasabi to the left—who have grown up in the Si Sa ...

Read More

Popular Posts

Coronavirus #3: Denise Minger is Thorough But Misses the Boats92 Total Shares
My 8 Weeks in Thailand #188 Total Shares
Have You Forgotten? Richard Lothar Nikoley Doesn’t Give An Eff What You “Think”83 Total Shares
Covid-19 Is Impeachment 3.0; BLM Riots, 4.0; Re-Lockdown, 5.083 Total Shares
My Musings on the Coronavirus (Covid-19)73 Total Shares
Coronavirus #2: The Dumb and the Dumber58 Total Shares
I Met A Dry Fasting Nut39 Total Shares
CovidScam Unravels. Backlash Grows and Intensifies.35 Total Shares
Coronavirus #1: The Innocent and the Guilty30 Total Shares
Anthony Colpo is Correct About Yet Another Con: The Covid-19 Con26 Total Shares

Last 10 Comments

  • Bret on Stop Imagining; Do Something Big Instead
  • Big on Stop Imagining; Do Something Big Instead
  • edster on Follow Me on Parler
  • Richard Nikoley on Follow Me on Parler
  • Richard Nikoley on Follow Me on Parler
  • Gerard on Follow Me on Parler
  • mart on Follow Me on Parler
  • Ron Padot Jr on Follow Me on Parler
  • Lynn Wright on Follow Me on Parler
  • Lute on Follow Me on Parler

© 2021 All Rights Reserved · Free The Animal Return to top

Go to mobile version