My First Experience Using Bitcoin to Power Up My Account - Bitcoin Virgin
steemit·@whatsup·
0.000 HBDMy First Experience Using Bitcoin to Power Up My Account - Bitcoin Virgin
<html> <p> </p> <p>My First Experience buying Steem outside of the Internal Market. My background is Corporate America, not Crypto. So, when I made a decision to purchase some Bitcoin, I asked how to go about it on SteemIt, but the advice wasn’t very clear to those of us who have never owned Steem before. (or at least me)</p> <p><br> Being a hands on learner, I took the tiniest amount of money to learn the ropes. I decided on $100 dollars. I wasn’t excited to give out my Credit Card numbers, so I searched for a site that would accept paypal. Google led me to Paxful.com after doing a bit of due dilegence I put in an amount of money I wanted to spend. The site sorts for people who are selling and will accept your form of payment.</p> <p><br> A seller contacted me via a chat on the Paxful site. He/She (pictures showed a woman) wanted a very specific picture of me, holding a sign.. With a date, and some verbiage she gave me. I took the selfie. She also wanted me to message her using a Facebook account with the same name. There seemed to be a middleman (brokerage account holding the money in escrow until we both agreed.) So, this seller sent me through some hoops to confirm my identity. Within a half an hour, I owned shiney new bitcoin. My $100 bid cost, $104 dollars, and resulted in $80 dollars worth of bitcoin. <br> <br> <img src="https://s25.postimg.org/oimbe1sj3/bitcoin_283611_1280.jpg" width="1280" height="854"/>*pixabay<br> </p> <p>I then moved the coins to Bittrex and paid a fee to do so. I was able to trade my bitcoin for Steem on Bittrex. Now, how to import it into my Steem wallet? I looked up all my keys, and tried to withdraw… worried all of the time my money would be lost in Bitcoin wasteland. When I tried to create a transfer transaction I used my key. My transactions just sat, and sat … Turns out. I didn’t need my key Rather just my account name… whatsup. Once, I got that straightened out I was able to easily move my new Steem into my Steem account and power up. Mission accomplished.<br> <br> I know those of you who have been using and trading bitcoin are laughing at me now, and I realize I made a lot of mistakes. I used a small amount of money, and went through the process to “learn” and I was okay with making some mistakes in order to learn. I wonder if there isn’t a way to make the process easier for those of us with little bitcoin experience in order to let smaller mainstream users “Power Up” more easily.<br> </p> <p>Please share your first experience with purchasing Bitcoin in the comments. Also, feel free to give advice to others in the comments!<br> </p> <p><img src="https://s25.postimg.org/ecyw3uvqn/Pinkwhatsupwhale.jpg" width="639" height="426"/><br> @whatsup<br> <br> </p> </html>
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