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Nine Basic Steps That Helps You Get Started With Bitcoin1 min read

Before you start using Bitcoin, which is still experimental but has been operational without any interruptions for over eight years, there are a few tips that you need to know in order to use it securely and avoid common pitfalls.

First,

Bitcoins are impossible to counterfeit or inflate.
Second
You can use them to send or receive any amount of money, with anyone, anywhere in the world, at very low cost. Bitcoin payments are impossible to block, and bitcoin wallets can’t be frozen.
Third
With Bitcoin you can directly control the money yourself without going through a third party like a bank or Paypal.
Fourth
Bitcoin transactions cannot be reversed or refunded. You should only deal with businesses or people you trust.
Fifth
To be valid, Bitcoin transactions must be confirmed at least once but preferably 6+ times before it has happened and becomes irreversible.
Sixth
Bitcoin is not anonymous but there is tumbling. All Bitcoin transactions are stored publicly and permanently on the network, which means anyone can see the balance and transactions of any Bitcoin address.
Seventh
you can get bitcoins by accepting them as a payment for goods and services or by buying them from a friend or someone near you. You can also buy them directly from an exchange with your bank account.
Eighth
There are a growing number of services and merchants accepting Bitcoin all over the world. You can use Bitcoin to pay them and rate your experience to help honest businesses to gain more visibility.
Ninth
The Bitcoin industry is always changing and there is much Bitcoin news coming your way.

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