Getting Started With Bitcoin - Top 5 Things To Know

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This video is intended for those that are new to Bitcoin. It is a overview of the top 5 things you should know as you explore this exciting new technology.
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WHAT IS BITCOIN?
What Is Bitcoin
• What is Bitcoin? (v2)
How Cryptocurrencies Work
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How I Learned To Stop Worrying and Love Crypto
www.udemy.com/...
Andreas Antonopoulous
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HOW TO GET A BITCOIN WALLET
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Mycelium
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HOW TO BUY BITCOIN
Online Exchanges
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www.bitfinex.com/
www.bitstamp.net/
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• How To Use A Bitcoin ATM
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HOW TO SPEND BITCOIN
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www.bitwala.io/
CoinBase
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wirexapp.com/c...
Xapo
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HOW TO SAVE/SECURE YOUR BITCOIN
Paper Wallets
• How to make a Bitcoin ...
www.bitaddress...
Hardware Wallets
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• How To Use A Bitcoin H...
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14 окт 2024

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Комментарии : 184

@enabnit87 7 лет назад

this is the best Bitcoin channel Ive found so far

@BTCSessions 7 лет назад

Hey wow, thank you! Super happy to hear you find my stuff useful :)

@enabnit87 7 лет назад

BTC Sessions super practical advice for someone dipping their feet into this stuff. also fun videos, make bitcoins seem easy

@BTCSessions 7 лет назад

Spencer Hanson haha thanks buddy! I laughed at this comment 🤣

@cmott6730 7 лет назад

ena. wish I had got in a year ago. sigh

@cmott6730 7 лет назад

@mynameis____yeah 6 лет назад

I love these videos OMG! They are extremely helpful, on point, no ummms and pauses! I love how it is filmed outside, makes me feel like I can breathe now , not to mention that I have been stuck inside an air conditioned room for several days due to Sydney weather... I really thank you for making these videos! I will definitely do my best to support this channel by using your links!

@tiernan9002 7 лет назад

the balls this guy has to stand the winter cold, and make a vlog in it. God bless.

@BTCSessions 7 лет назад

Tiernan Rothe haha it was so damn cold this day too.

@ThirdEyeTrader 7 лет назад

First ..Thank you...Second.....Excellent content...Your subscriber numbers should be blowing up. Just found you last week. Very impressed.......and your Canadian............

@BTCSessions 7 лет назад

Hey hey, no problem! I have fun making these videos, so I'm happy to have anyone watching :) Thanks for checking out my stuff. I'm always excited to hear from people!

@Asgard855 7 лет назад

Awesome Video Ben! i need to ask which wallet is good for me since i'm beginner , i want to go for Jaxx or copay but i'm not sure yet! help me guys!

@MaxOrtizAguilar 7 лет назад

Great video Ben. I have shared it on fb. I highly recommend your channel for people interested in learning about BTC. The knowledge you shared helped me getting started and know I'm a happy BTC user :-)

@BTCSessions 7 лет назад

Thanks Max! Always glad to see you around here :) We'll have to grab a coffee or a beer sometime soon!

@anabelcooper1062 5 лет назад

Some traders still get bad experiences from investing in Bit coin without reputable guide.

@williamsgoldanddiamonds6239 7 лет назад

I am a newbie.. Can you purchase a hard drive wallet, use libertyx to buy pins and put them on the hard drive wallet to avoid any bank account transactions? If so how would you make a Bitcoin address that would send to the drive?

@teamwpventure 7 лет назад

So I'm completely new to this, and this is probably a silly question, but do you have any videos showing how to transfer your BTC from an exchange to a hardware wallet? I just purchased a nano s this week and it should be here soon, but I'm still not 100% sure I get how to transfer it from the exchange to the hardware wallet.

@BTCSessions 7 лет назад

For sure I can help you out! This is the receive screen on my Ledger Nano S: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-YI1OntWB7wc.htmlm23s If you select and copy the string of charachters where it says "Bitcoin Address", you can then paste them into the "To Address" field when you go to withdraw from whichever exchange you're on. Here's an example from my Quadriga video: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-KkiO7sJu4lI.htmlm26s I hope this is helpful!

@teamwpventure 7 лет назад

Thanks so much! I just got it now in the mail. My follow up question would be can the copay wallet accept ethereum? I am big on ethereum after researching a bit this past couple weeks.

@BTCSessions 7 лет назад

Unfortunately CoPay only supports bitcoin, but if you're into both then I'd recommend checking out Jaxx. They're a multi-currency wallet, and you can freely convert between Bitcoin and Ethereum within the wallet itself. Here's the video I did on it: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-Wu7jsarwfa4.html

@teamwpventure 7 лет назад

Awesome man! I really appreciate it. I just found your channel today and I'm loving your videos!

@BTCSessions 7 лет назад

No problem at all! It always gets me hyped when I find out that my videos have helped someone out. Really glad to have you here!

@pcservicecoltd6635 7 лет назад

Hi Bitcoin, what are the benefits/Profits to the clients who are registering with Bitcoin Program, I can not run your Video due to the local Network i have, Please explain.

@muhanadalsarrani8283 7 лет назад

I'm planning to have different wallets beside my coinbase wallet. Are other wallets free to setup like coinbase? and are they free of charge to send bitcoins between these wallets? Thanx man!! Great channel...

@Vgk36 7 лет назад

How this guy doesn't have a million subs blows me away! Great video love the series.

@BTCSessions 7 лет назад

sincityryder haha thank you! I'm flattered!

@AmerikanTube 7 лет назад

Thanks, and mostly appreciate all the links !

@patrykf8145 7 лет назад

When you said stay safe with the online exchange did you mean platforms like CoinBase? So moving your bitcoins from let's say CoinBase to Ledger Wallet? Thanks

@BTCSessions 7 лет назад

Yes that is absolutely what I meant. If you have Bitcoin in any online exchange (including Coinbase), they currently have ownership over your money. At any point they can change their policies and censor your transactions, OR they can be susceptible to hacking, which may also cause you to lose your funds.

@giorgiananci 6 лет назад

@deztroyer2041 6 лет назад

Extremely helpful! Thank you 😄Subscribed!

@Matt-uy9ne 7 лет назад

Surprised PayPal hasn't jumped onto Bitcoin

@michaelanderson8464 6 лет назад

I bought a litecoin & bitcoin card cold wallet is this all I need to buy the coins?

@robotpolice2042 7 лет назад

Very well informative you sir have earned yourself a subcriber😎👌

@madmax919191 7 лет назад

Hi Ben! I stubled across your channel a couple of days ago. I really like the way you explain about bitcoin topics in both a casual and informative manner! :) I have a totally different question: where did you get your sunglasses from? maybe you can tell me about the brand and model? :) Thx and have a good one!

@BTCSessions 7 лет назад

MYZ 91 hey hey! Lol great question. I got them from a store called Boathouse. Not sure if this store is only in Canada or not. They were pretty cheap and sadly they just broke yesterday! I had them for a year though, so not bad for $20. Now I've gotta go find some new ones!

@madmax919191 7 лет назад

I am sorry to hear they broke. Unfortunately, I am not from Canada and I've never heard of that store before. But thanks for letting me know anyway! :)

@1RobertD 7 лет назад

Paying premium for buying bitcoin via ATM or losing anonymity buying online. Why does it matter to be anonymous? Sorry I'm new to this and just wondered.

@Ascadians 6 лет назад

Taxes & government, capital gains. If it's linked to any bank, or you buy with a CC or ATM... They've got you.

@silva27 7 лет назад

Nice! A question for you Ben. Do you know of a good site I can invest into many other digital currencies like Litecoin, Ethereum, Dash, Zcash, Moneros, etc and pay the lowest fees (CAD to BTC)? Cheers, Zephyraijunzo

@BTCSessions 7 лет назад

I believe Coinbase, Gemini and Kraken all have listings for a few different currencies. For those that are not available on exchanges, the simplest way of converting is through a website called shapeshift.io I did a video on them a while back. Basically you just deposit bitcoin (or any other cyrpto you like) and get the coin you prefer sent back to you. The only thing you need to do is get a wallet for the currency of your choice. I found Jaxx is pretty good for that. In fact you can convert currencies right inside the Jaxx app, which I also did a video on. Exodus is another one I featured, though they are only available on desktop.

@roddyrodrodrod 7 лет назад

Ah Calgary, my home town! So would you still recommend Copay as a wallet for small amount of Bitcoin?

@BTCSessions 7 лет назад

Explosive Diarrhoea nice, how long ago did you live here? Yup, I still use Copay every day. They've updated it so it looks different from my video, but it's still my fav. I also use Mycelium quite a bit.

@roddyrodrodrod 7 лет назад

Thanks for the quick response! I am currently living in Calgary. I'm fairly new to cryptos so this has been a very informative channel.

@BTCSessions 7 лет назад

No prob! That's great - you should come down to Cafe Blanca on Saturday at 7. We're doing a BTC event. I'll be speaking, we'll have live music, and the first 50 people get free booze. Free entry for all. Thanks for the compliment. I have a blast doing the channel and I'm super happy that anyone is watching :)

@roddyrodrodrod 7 лет назад

Sounds good. Hopefully I can be there on Saturday...

@CoinCheckupcom 7 лет назад

Great approach towards the crypto-world. Thanks for enriching the community with valuable information and recommendations! Internet of Money is one of our favorite as well!

@ThePMBull 7 лет назад

I've been able to save up only 3 bit coins. . it's getting a pricey now... do you think 3 is enough?

@BTCSessions 7 лет назад

I think you're doing pretty well for yourself. You're right that the price is definitely getting up there. If Bitcoin continues down this path then most people will never own a whole Bitcoin. In fact, if all BTC ever created was divided equally amongst our current population, each person would only have 0.0028. Hopefully that makes you feel a bit better about your holdings :)

@teamwpventure 7 лет назад

That makes me feel a lot better about mine and I just started lol - you're always full of info man!

@teamwpventure 7 лет назад

What kind of price are you talking for Shaq? I see 1 BTC = roughly $1,175 right now.

@bossman7174 7 лет назад

i think u should mine if you want more use nice hash its pretty good if you have a computer

@flyandshy00 7 лет назад

Where are you buying them? I was thinking about blockchain but now I don't know, is it secure?

@jrgmrio 7 лет назад

great video! do u have referral code for purse??

@Ascadians 6 лет назад

Thoughts on a country with downed power grid? As long as you had a physical wallet, that's charged, you could potentially still commerce with others... Yes?

@AmerikanTube 7 лет назад

Purse.io is Ok but make sure you are able to obtain warranty on product you buy if you want to have guarantee period

@DefinitelyNotSquidSenpai 7 лет назад

Um hey just wanted to say what's the song of the start of the video?

@dagaslani999anatolian7 7 лет назад

what about long-term about save bitcoin like minimum 1 year u think is good idea ?

@BTCSessions 7 лет назад

I think saving Bitcoin for the long term is by far the best approach. The number of newly issued bitcoin gets cut in half every four years, so in 2020 it will be more difficult to get some than it is now. Even if the demand remains the same as it is now and doesn't increase at all, value will have to go up because less is available. Of course with any investment there are risks and you should only invest money you are willing to lose.

@sirlonewolf816 7 лет назад

Thank you, this was a good intro to Bitcoin.

@TM-bk3ij 7 лет назад

I clicked on your video to learn about BTC. Dude, your voice is so crisp, clear and pleasant to listen to I feel I could quickly grasp anything you're demonstrating. Thank you!!!

@isaackendall9549 7 лет назад

For cryptocurrency mining and how to make good wages on your invested funds contact me (isaacken70@gmail.com ) and I'll show you how i made over $500k in 3 months and the secrets behind it.

@Simplystimulating 6 лет назад

T. M. Oh

@CreceConFeSusan 6 лет назад

He is so nice, snowing and dressing sunglasses, just my type lol

@Ascadians 6 лет назад

Thoughts on Ledger Blue?

@exegodmode8038 7 лет назад

what are these online exchanges can somebody give me an example please

@MULTl 6 лет назад

Is Coinbase a good app?

@yordimejia266 6 лет назад

Thank you sir. That was really helpful and educational.

@aakasharora12 7 лет назад

Hey Ben! This is Aakash from India. Totally agree that EXCHANGE WALLETS are not safe. QUES: I keep my BTC mostly in BLOCKCHAIN wallet but you didn't mention it in ur preferred LIST of wallet.. my ques is why?? is blockchain wallet not secure?? TIA

@coloradobitcoin3058 7 лет назад

Personally, I avoid Blockchain.info due to it's larger attack surface (web-logins) as well as a history of bugs. Many others do the same if you were to ask /r/bitcoin, for example. However, it is still a very popular wallet choice. Better than custodial wallets like Coinbase, for example, but not as good as Copay or the other mobile wallets.

@ayushabhishek5196 6 лет назад

Hey akash can u help me out with mining of bitcoins please. How do i get bitcoins myself a starter buddy. If you could just help me out that would be great.

@debbiemontelongo8761 7 лет назад

Thx so much for an informative video. I also would like to know how to cash out if needed.

@BTCSessions 7 лет назад

Hey Debbie, no problem! Thanks for watching :) I'll be doing more videos on exchanges like Kraken and Gemini in the coming weeks, so that should help as far as cashing out. In the mean time, feel free to check out my videos on how to use a Bitcoin ATM and the Canadian exchange "QuadrigaCX". Those should also have mentions of how to convert your Bitcoin to cash. My videos on Wirex, Bitwala's BTC Visa, and Purse.io also show ways that you can spend your Bitcoin on goods directly. Happy New Year!

@milaadhotaki5164 7 лет назад

Awesome facts keep grindin mate

@danielcardenas416 7 лет назад

Hello I have a question can you have more then two wallets and have bitcoins on both????

@BTCSessions 7 лет назад

Yes absolutely. I often use different wallets for different purposes, and send back & forth between them. You can actually also have the same wallet on your phone/computer and link them so they contain the same "account". I do this with Bitpay, CoPay and Jaxx. You can also do it with Coinbase (because they hold your money like a bank) and Blockchain.info

@danielcardenas416 7 лет назад

Cool thank you very much for your time to answer .... I'm still a beginner to this bitcoin ....

@GPW787 7 лет назад

Excellent. Thanks.

@RumbleFish69 6 лет назад

Great stuff! The walking around made me dizzy though :/

@Iaretreytrey 7 лет назад

Why does bitcoin seem so complicated....? Can't I just sign up, use my visa to add funds, and use with simple directions? FUCK why cant people be more to-the-point and simple with this stuff?

@cirooo2017 6 лет назад

Trevor Joshua Coinbase

@shanerahimian1771 6 лет назад

Yes mate, set up a coinbase account and buy away, use my link and we both get $10 www.coinbase.com/join/5a12fe3a06350b0201deb542

@Bb-yg3rq 6 лет назад

Trevor Joshua because the point is to stay away from the government

@jhonnybravoh 6 лет назад

Im going to use your link man fyi!

@TheJackieeisbeastxP 6 лет назад

Little Timmy and how do you do that? I’m new to this

@dickniel 7 лет назад

need some consulting

@BJJNINJA215 7 лет назад

Extremely helpful!

@01artist 7 лет назад

How much is bitcoin worth? Just curious

@g.t.g1111 7 лет назад

Thank You! Very helpful indeed.

@isaackendall9549 7 лет назад

For cryptocurrency mining and how to make good wages on your invested funds contact me (isaacken70@gmail.com ) and I'll show you how i made over $500k in 3 months and the secrets behind it.

@danielcardenas416 7 лет назад

Thank you for your views of these wallets you mention a few I really like

@BTCSessions 7 лет назад

No problem Matty! Sounds like great minds think alike, haha

@oliverjarosi 7 лет назад

Excellent content :) keep up the good work

@BTCSessions 7 лет назад

Oliver Jarosi thank you! You're too kind!

@elizabethpaier1411 7 лет назад

Wondeful ! Thank you !

@KaceyThorps 6 лет назад

Great info. Thanks!

@garyExposMtl 7 лет назад

Minimal fees? I haven't found that one yet...

@bobbydooly 5 лет назад

Why would you not delete the Quadriga reference ?

@BTCSessions 5 лет назад

Because I have hundreds of videos and things change regularly.

@catsrigley 6 лет назад

might be a stupid question but... if everyone is trying to figure out how to buy and recieve and mine bitcoins, then why do people sell them? Like why would I want to sell my $10 bill I have in my pocket? Seems weird to sell your own money.

@lisaanderson4383 6 лет назад

The price of BTC is constantly changing and sometimes fluctuate. So, when the prices go down, some people go into panic and sell cause sometimes the fall is always very drastic. Also, its business for some of us who have good tutelage on how to trade this same btc to make quick money... I get signals when its about to go up or crash.... so i buy when its low and sell when the prices go high... I have been getting this signals from Bogdan Viktor on skype for over a year now and i must say he has changed my fortunes, he also hooked me wth a mining boot but that is a story for another time.

@thebotfather6713 7 лет назад

New to this the million dollar question is how do I make money lol I was introcdued but a friend on fb seems interesting but I still Kinda don't get it

@austinlowry6817 7 лет назад

lets hear it for Calgary Canada!!! Well done and very informative. Thanks so much.

@vid8301 7 лет назад

are they offline wallets

@blockmax3681 6 лет назад

New to bitcoin? and want to know more? here is a link that will help you understand it futuremoney.io/opportunity/?id=kendrick4498 REPLY

@eduardomiller9315 7 лет назад

thank you for this video man...

@BTCSessions 7 лет назад

No problem Eduardo! Thanks for watching and commenting :) It's always appreciated.

@solution777 7 лет назад

Great video!

@MarkRees1 7 лет назад

Hey, nice work!

@BTCSessions 7 лет назад

Thanks! Hope it was helpful!

@Ascadians 6 лет назад

How would a refund work if you paid with Cryptocurrency?

@bobbydooly 5 лет назад

I watched your news article about scamming the scammer.

@1CrazyMoon1 7 лет назад

Nice!

@rickymagicanada 7 лет назад

Great info

@Schnupfndrache7 7 лет назад

hey, what are your thoughts on paper wallets from sites like bitaddress.org ?

@BTCSessions 7 лет назад

Hey hey, I actually did a video on this a couple months back. I used to store most of my savings in paper wallets (though I now use a Ledger Nano for that). Paper wallets are a great way to store bitcoin as long as you're careful with it and print multiple copies to leave in different locations. You wouldn't want your house to burn down and lose your BTC in the process. Here's the link to the vid: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-VTsHeiBhPIM.html&t

@Schnupfndrache7 7 лет назад

What are your thoughts on just using a Single Wallet? Also is it true that I should only deposit currency only one time per wallet? or can i keep adding money like a piggy bank ?

@BTCSessions 7 лет назад

I was using 4 different paper wallets, which was somewhat dependent on what amount of money I was comfortable leaving in each one. As far as my understanding goes, you can deposit to the wallet as many times as you like, but if you spend from the wallet then it's better to just sweep the whole thing and start a new one. The reason for that is because you've now accessed the private key online, meaning that there's a possibility it could be compromised. A true cold storage wallet has never been spent from.

@Schnupfndrache7 7 лет назад

BTC Sessions ah I understand ty. btw it would be cool if you also made a video where you explain how to cash out bitcoin for money. I think you just mentioned coinbase in one of the recent ones, but a how-to would be nice

@vakeone 7 лет назад

Also, if you don't print a paper wallet from a permanently offline computer and printer, there's a possibility it could be compromised.

@thisisthewroten 7 лет назад

Bitcoin is a decentralized currency that allows peer to peer spending and lending.

@SachinBalan_PB 7 лет назад

👍🔔🙏 love your video's sir

@superultramegamaga4021 7 лет назад

how do you cash out?

@BTCSessions 7 лет назад

There are a variety of ways. Some Bitcoin ATMs are 2-way meaning you can send the machine bitcoin and take out cash. You can sign up for an exchange, sell your bitcoin online, and then get money wired to your bank. You can go on localbitcoins.com and sell to someone directly in person. You can also get a Bitcoin Visa card like I've covered in other videos, and convert your bitcoin directly to the card, to be spent anywhere that accepts credit cards. You can also spend it online directly at a lot of spots like Purse.io where you can get huge discounts on Amazon using bitcoin. Plenty of ways to cash out any BTC you don't want to hold anymore.

@superultramegamaga4021 7 лет назад

BTC Sessions dude.. you are awesome... i am 100% new as of yesterday... is it true that intial investment will double in like 90days?

@BTCSessions 7 лет назад

Thanks man, I think it's good to try to give people a basic understanding of the technology. There's a LOT to learn. I definitely wouldn't bank on ANY price predictions from anyone, regardless of if they're good or bad. If there's one thing I've learned in Bitcoin, it's that you never know what is going to happen. While I think that they technology holds huge promise in the long term, I wouldn't have ANY money in it that I needed for the short term. 90 days from now it could go up, but there's an equally good chance that it could go down. Only invest what you can 100% afford to lose :) I try not to rely on any short term gains. I'm in this for the long game, and the realistic goal is to never have to sell it. Why? Because if Bitcoin grows to its full potential, you won't have to sell it - you can just spend it like you would with regular dollars. Best of luck as you learn all about Bitcoin, my friend! You're going to have a blast learning about it. If you want some fun videos that are really great explaining the technicals and potential of Bitcoin, check out anything by Andreas Antonopulous. He is THE public speaker on BTC.

@realloreal 6 лет назад

Scammers a very prevalent. Let's learn as much as possible.

@roncossette7316 7 лет назад

I live in Lacombe AB Ith things withBitcoin is very helpful thank you

@BTCSessions 7 лет назад

No problem Ron! Glad I could help :)

@johngonad1999 6 лет назад

This video is really old but you should try Paxful, its a p2p platform.

@davidtorre7939 6 лет назад

do you need a credit card?

@mikhaeloira4954 6 лет назад

do you really have to buy a bitcoin?

@seapr6 7 лет назад

Thanks for the awesome info on earning bitcoin as a buyer on Purse.io!!!

@BTCSessions 7 лет назад

No problem!

@bobbydooly 5 лет назад

I think you need to use a camera that minimizes the shake. It gave me a headache watching your footage, I could not finish.

@Vald-zj7yq 6 лет назад

This is so confusing but thanks

@ThePioneerChannel 6 лет назад

Hey I'm in Calgary lol wanna help me get started? Beers on me haha

@nyxi2189 7 лет назад

Top 1 Thing To Know: Be the Anti-Satoshi and plaster your face on everything

@TAYLOR13961 7 лет назад

Could you Check out millhash website mining Bitcoin see if Genuine Do a tutorial video About the Website I am Registered Looks kinda Awkward

@HezaBrew 7 лет назад

Gold and silver! always worked in the past 6000 years

@BTCSessions 7 лет назад

gaston crigger I think all 3 are complimentary 😁

@redfono2463 5 лет назад

Why I didn't listen to you man!

@BTCSessions 5 лет назад

Haha what part?

@redfono2463 5 лет назад

@@BTCSessions to buy BTC!!!

@BTCSessions 5 лет назад

@@redfono2463 lol this video was posted in December of 2016 when the price was $1000. You would have quadrupled your money.

@redfono2463 5 лет назад

Yeah that's why I don't wanna remember haha

@ecbmanikandan 6 лет назад

You Are Sooo Cute, Handsome and Hooooot Brooooo...!

@CharlieMatthews2003 6 лет назад

Casey neistat wannabe 😂👌

@thebotfather6713 7 лет назад

New to this the million dollar question is how do I make money lol I was introcdued but a friend on fb seems interesting but I still Kinda don't get it

@BTCSessions 7 лет назад

Haha no worries! I'll be honest - trying to trade the crypto markets is scary. My tactic has been to buy & hold for the past few years now. I ignore the ups and downs, set aside a specific amount each month, and just continue to accumulate. If I had bought or sold every time something big happened I honestly would have lost a lot of money. That being said, don't every invest money you can't afford to lose. A good way to do it is perhaps cut out a bad habit that you spend money on and use that as your investment money. Then even if the price crashes, you know you would have spent that money on something bad for you anyways. Ultimately it will be up to you what your tactic is. If you get the chance, read the book "Unshakeable" by Tony Robbins. Apply those lessons to crypto and you'll probably be better off than most.

@thebotfather6713 7 лет назад

BTC Sessions so Let's say I wanted to set an amount each week and just leave it do I accumulate that way as well ? As if i were to do it each month ?