Quote from: HeRetiK on November 23, 2017, 03:01:35 PM

Quote from: summer209 on November 23, 2017, 02:27:42 PM

Quote from: HeRetiK on November 23, 2017, 01:30:29 PM

Learn how to securely store your coins first. Then familiarize yourself with some of the more respectable exchanges. Learn how to read order books and how limit / market orders work. Then buy yourself an amount of coins that you feel comfortable with, even if BTC loses all its value. Withdraw it to your wallet, forget about BTC for 4-5 years and profit once the next halving occurs.

Don't bother with faucets, they are a waste of time. Trade alts only if you feel like gambling. And read this:

https://bitcointalk.org/index.php?topic=1629118.0

That's a great comment. Could you please recommend some good resource about how to securely store digital coins? Thanks.

1) Don't leave your coins on an exchange.

2) Don't leave your coins on an exchange.

3) Most secure and convenient way: Buy a hardware wallet such as the Ledger or Trezor -- preferably directly from the producer's website.

4) Equally secure but slightly less convenient: Learn how to create a paper wallet or how to setup up cold storage using an air gapped device

5) Only as secure as your online device, so basically not at all: Desktop wallets such as Bitcoin Core, Electrum. Mobile wallets such as Mycelium. Web wallets such as Blockchain.info. I would not, under any circumstance, hold more than spare change on a device that is connected to the internet.

6) Don't leave your coins on an exchange.

How secure is MyEtherWallet compared to the ones you listed above?