I have decided to write a very basic checklist on starting with Steemit and Cryptos
I realize they are so many Guides out there its hard to compete, so I am just going to do a few basic tables to allow people to see the basics and research each one as they wish.
I have decided to keep my links within Steemit as so much useful information and resources on here.
Lets start with the Slang
| Word: | Meaning: |
|---|---|
| Whale | Someone who holds a lot of value. |
| Fiat | Standard Money such as the USD or GBP. |
| Steemian | A person using steemit such as you or I. |
| HODL | Hold on for dear life (DO NOT SELL). |
| SBD | Steem Backed Dollar |
| Newb/N00B | Someone pretty new to the community |
| FUD | Fear, Uncertainty, Doubt this is when someone disagrees and criticizes your post. |
| TL;DR | Too long don't read |
Things to do when you start both:
| Steemit: | Cryptos: |
|---|---|
| Read the FAQS https://steemit.com/faq.html | Consider getting an hardware wallet. |
| introduceyouself #introduceyourself | Research a currency of your choice a lot can be found at #cryptocurrency |
| Spend time exploring. | Read the #crypto-news sections to keep up with the latest. |
| Upvote posts you really like. | Read reviews about the online wallets and Exchanges. |
| Comment on posts. | Read up on protecting any coins. |
| Resteem posts. | Only invest what you can afford to loose. |
| Make sure you understand the difference between SBD, Steem and Steem Power https://steemit.com/faq.html | Make sure you understand cryptos and have fun :) |
Some of the exchanges which accept Steem and other Cryptos:
Bittrex, Poloniex, Tidex, Hitbtc
This is a very basic thought process you should be doing, Obviously looking into the things above will lead you down a rabbit hole of exciting things.
I hope you enjoyed reading this, and I hope it took you down a rabbit hole on Steemian :)