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Site Suggestions, Support and Resources => Industry Reviews => Topic started by: cwandrews on July 06, 2016, 12:00:32 PM

Title: Bitcoin Wallet
Post by: cwandrews on July 06, 2016, 12:00:32 PM
Howdy - I'm looking to get started with Bitcoin and am interested in recommendations for a wallet.

Pretty sure Jack Spirko recommended Coinbase, but I can't remember for sure. Love for somebody to refute or confirm.

Thanks in advance.

cdandrews
Title: Re: Bitcoin Wallet
Post by: Smurf Hunter on July 06, 2016, 12:04:18 PM
Coinbase is probably the easiest to start with.  You lose some of the REAL crypto/anonymity from BT, but it's very easy to buy/sell using your bank account.
If you can use paypal, you can use coinbase.

In fact, my 12 year old son uses it.  I think I've given him $5USD twice for doing weekly chores and he's already made 15%.
It's been a good teaching tool.  Learning about dollar cost averaging, currency exchange and other financial concepts.
Title: Re: Bitcoin Wallet
Post by: cwandrews on July 06, 2016, 12:21:59 PM
Coinbase is probably the easiest to start with.  You lose some of the REAL crypto/anonymity from BT, but it's very easy to buy/sell using your bank account.
If you can use paypal, you can use coinbase.

In fact, my 12 year old son uses it.  I think I've given him $5USD twice for doing weekly chores and he's already made 15%.
It's been a good teaching tool.  Learning about dollar cost averaging, currency exchange and other financial concepts.

That's cool - I think I'll do that with my 15 year old daughter. Agreed: great way to introduce commodity pricing, etc. into their world.