Thursday, March 30, 2017

Getting Started with Crypto Currencies - 1

What is a CryptoCurrency?
To answer this question lets first look at the history of the field and the first cryptocurrency Bitcoins!

Where do I get started?
The first step to get into the cryptocurrency world is to get a wallet. Much like your physical wallet these applications or websites will store your coins for you. Wallets come with a variety of features over multiple types of media and equipment. The key is to find a wallet that is available how you need it and has the features you require. Typical types of crypto storage methods are device based wallets, online wallets and cloud wallets. Personally, I favor 3 wallets but have many more than that for various other uses.

BlockChain- web based, mobile app, bitcoin only, simple features
https://blockchain.info/wallet/#/

Coinomi- app only, local storage, easy access currency changing (slightly expensive)
https://coinomi.com/

Keep Key- physical storage, multi currency support, secured offline
https://www.keepkey.com/

Next few posts

Small Changes

Like many others I work 40+ hours a week at a day job and still it is not enough. So, I set out on an adventure to add a few more bucks into my pockets and, perhaps, a bit more comfort to my life. This blog will be the process and the path that I took allowing you to see what was and wasn't quite worth my time. 
Initially I will be just throwing content up for people and see if there is a decent following. If there is enough interest in the things I do we will grow from there. Who knows how far this blog will go or what types of content we will be venturing into.
Ultimately my goal is to organize my endeavors into three primary concerns the first being how much time the method takes, second how much it will cost you initially (if anything), third how much you can expect to get in return for this investment. I figure using those three criteria anyone who visits this blog will be able to decide what methods if any are right for them. 
The first few segments will be getting you set up into crypto currencies and explore money making methods via that, then I will venture into ad revenue and paid per click/ paid per view/ plaid per survey type services, after that it will be posts on various additive services to gain rewards from your already existing behaviors.

Hashflare

It has been a bit since the last post but Hashflare has changed their policy contracts are no longer forever. It is not advised to continue ...