I know nothing about crypto. I want to buy some but I find it overwhelming. If someone could please help show me where to start and if you have any tips it would be appreciated. I don’t have a computer so I do everything on my iPhone. So any apps I can use would also be helpful.

submitted by docdarloco from self.cryptocurrency

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[–]JasonCarswell 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (2 children)

I too would like some help. Specifically, regarding wallets. I don't update my Bitcoin often as it takes at least a week to update every singe block that's ever been transacted on since the dawn of time. Plus it takes up many gigabytes.

I need wallet recommendations.

If I were to invest I'd split it equally, and invest in Bitcoin Classic, Bitcoin Part Deux (and more), Etherium, Monero, Wownero, Piratecoin, Dogecoin, Filecoin, and maybe a couple others I've forgotten. I'd add to them on the regular if I could too. Real (not paper certificates) gold and silver would be good too.

Be careful of the corporate bankster shit like Ripple (currently doing well) and the future Facebook Libre Diem. I fear they are traps - good until they aren't.

[–]docdarloco[S] 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (1 child)

I’m with you on the gold. I do think the bank crypto could be sketchy but honestly all currency seems sketchy at this point. That’s why I would also like to get heirloom seeds. I wanna cover my ass as much as possible.

[–]JasonCarswell 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (0 children)

Gold is a good large investment, but silver will be easier to barter with when times get dire. A gold ounce might get you half a year of groceries, but no one buys groceries like that - assuming they're still in business in half a year. A silver tea spoon maybe easier to trade with.

Yes, I need to get some seeds too for my unfinished basement year-round garden (still dependent on electricity).