A Bitcoin Wallet is the Bitcoin equivalency of a bank account. You can store your bitcoins in the wallet and convert them into cash later when you have enough (more on that later.) Or you can keep your bitcoins, gambling that they will go up in value and therefore will be worth more.
Please note that you should not expect to become a millionaire with Bitcoin. Just as you should not expect to become a millionaire with any currency. But if you are willing to dedicate enough time and effort, you have a decent chance at trying.
So how do you get a wallet? By following the below step by step guide.
This guide is meant for beginners to Bitcoin. Perhaps one day I will update this post with guides for more advanced users.
Step 1: Create a temporary wallet at https://trybtc.com/
This website shows you the basics of Bitcoin and also places a very small amount of bitcoin in your wallet to help you get started.
Step 2: Follow the prompts on your screen until you get to an offer to create a wallet with coinbase.
Step 3: Create the coinbase wallet with an email address that you have.
Step 4: Check the email address you registered with for a confirmation email from coinbase.
Step 5: Once you get that email, click on the included link to confirm your account with coinbase and make your "permanent" wallet.
Step 6: That's it. Soon you should get your free bitcoin from TryBTC to help you get started.
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