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Tips for Newbies getting Started with Bitcoin

It can be hard at first trying to acquire Bitcoins especially if you have no money to invest. The good news is you got on board the Bitcoin train before 99% of the rest of the world, and there is plenty of time left to get BTC. One day 1 mBTC might be worth $1000 who knows? :D

Here are my recommended steps for getting started:

1. Open a free Blockchain.info wallet
Tip: Be sure to backup your wallet

2. Create multiple Paper Wallets from BitAddress.org
Tip: Open site in Private/Incognito window, unplug internet, print paper wallets, close browser, restart computer. Done!
Send Bitcoins to your Paper Wallet from time to time as a Savings account/Cold Storage. (DON’T LOSE YOUR PAPER WALLETS)

3. Buy whatever amount of Bitcoins you can afford from LocalBitcoins.com or a nearby Bitcoin ATM
Tip: Take a picture of the QR code for your Blockchain.info Receive address or bring with you one of your paper wallets. Use a free Blockchain app or address checker app to verify the funds are received if using an ATM. If you sent the Bitcoins to your paper wallet, you can import the Private Key into your Blockchain.info wallet. I recommend investing a small amount if this is your first purchase, maybe $5-$20.

4. Find Free No Deposit bonuses from reputable Bitcoin Casinos
I won 50 mBTC from 20 free spins, but you have to bet a certain amount to unlock the withdrawal. If you are lucky you can win big without having to make a deposit. Here are our favorite casinos, but understand gambling is risky and you will likely lose whatever you deposit.

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What is Bitcoin a Basic Guide


A beginner’s video explaining the basics of Bitcoin, the blockchain and the Crytocurrency world.

How Bitcoin Really Works

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