"Don't part with your dreams - when they are gone you may still exist but you will have ceased to live" - Mark Twain

"Do you know that this blog wouldn't exist if it wasn't for you being here to read it!?" - Bobby Gill

Friday, 9 February 2018

Bitcoin and Cryptocurrency quick start guide

Prior to Christmas a lot of people asked me my opinion on cryptocurrency and bitcoin, so I put together the basic guide below.

I skipped the ‘what is bitcoin’ and jumped straight into ‘how to get started’. I'm not a guru or trying to sell you anything, just sharing some basic information below.

Here is my quick background. I've just started getting into Crypto seriously now...

I was going to mine Bitcoin ~5 years ago but couldn't get the rig I bought set up, so sold it on.

Then I spoke to my cousin about it a couple of years ago, to which he said “it's too late, prices are too high.” - I took his word on it and missed out again.

Now I'm looking at speaking to only informed people who are actively buying and trading, as it's only their opinion that counts - and learning from experts who do analyse the underlying trends, forecasts and fundamentals. Also having a group for active traders to share knowledge with each other. If you're an active trader/buyer – you can skip this mini-guide. It's really for beginners only.

There are a lot of 'scammy' looking companies, making big promises and offering guaranteed returns (!?) trying to ride the back of Bitcoin and crypto - but of course you have to join their scheme to participate – and you pay commissions and don't have control of your money or crypto wallets.

- Remember: Don't ever abdicate your responsibility to someone else to learn about investing your money.

- Also remember it is speculative so put in what you're comfortable with and can afford to lose.

That's right, if you can't sleep at night because of the amount you have in Bitcoin/Crypto – you're putting in too much money!

I'd recommend putting in £500-£1000 max. initially.

If just starting and can only afford a small amount, do only £100.

Get started TODAY – as once you have some money at stake, you will learn a lot faster and other traders are more likely to discuss other coins and methods of trading with you.

Once you build your confidence and know how it works you will want to look at putting in more and also buying Altcoins (alternative coins).

You can get the main coins Bitcoin, Ethereum, Litecoin directly from the Coinbase platform. It's quite easy to use, so split money across them evenly.

My personal strategy will be to Buy and Hold long-term (at least 12 months to start with) - and check in monthly to see what is worth keeping, buying or maybe selling.

It's best to avoid daily news and price fluctuations, as if your blood pressure can't take big gains and swings over the short to medium term, this is not for you! Your friends who don't own any, will just try to put you off, as they're either 'afraid' or 'bitter' they're not Bitcoin millionaires already ;-)

Ask them if they're interested in Bitcoin, if they waffle about some 'fear' news story, don't bother them. You will find a couple who are active and you can discuss crypto with.

The platform recommendations below are purely because I use these independent trading platforms to buy/sell Cryptocurrency.

I'm sharing a couple of referral links too, as they will give a small bonus to both of us when used.

You can use other platforms or remove the referral part of the links if you don't like people getting paid for making recommendations. I added them to compensate for my time to put this quick start guide together after investing hours of my time to find out what works.

Anything from these links is small and incidental, you need to focus on actually buying and trading the cryptos, not getting referrals to make money (hence I won't be upset if you don't click on the links or take the Coinbase bonus).

Coinbase is the easiest platform to use for beginners to get started. This is what I used.

This link will give you $10/£7 free bitcoin when you buy $100(£74) worth of bitcoin using the special link below.

They also do a full Know Your Client with ID required etc. before you can buy.

This is the referral link to get the free bitcoin. If you use this link to sign up to Coinbase we'll BOTH receive ten dollars of free coins when you purchase $100 or more.

[Coinbase do not accept deposits from Nationwide Bank] You can buy with a bank card though.

You can also buy coins locally from people for Cash. Take a look at this site here:

There are also ATM's in various places to buy bitcoin.


Popular Exchanges for more coins
Bittrex.com (US based, Gov compliant - Beware Bittrex will comply with harsh tax laws in US) Bitstamp.net

Jan 2018 Update: Above were all slow at verifying accounts post Xmas rush – delays!


Exchange with Altcoins that are currently OPEN for registrations (many have been overwhelmed with applications since Xmas and pending verification on accounts)

For Altcoins you can use...

Binance platform (I use this) - once again they do a full Know Your Client with ID

Kucoin platform (I have an account) - easy & quick to set up account

This is not a referral method to make money, just a small bonus for inviting people. It costs you nothing to use this link - and you can then create your own to invite people.

Another exchange is CoinFloor but min deposit is £2500 to use this platform
https://www.coinfloor.co.uk/ (min deposit £2500)

Note: For Altcoin purchase I found it cheaper to buy ETH and then transfer ETH from Coinbase (rather than BTC)

There will be some MLM’s out there to avoid and new ICO coins not listed to trade so avoid them or do proper due diligence. Often the money you 'invest' is being used to pay MLM up-line commissions. Learn how to trade cryptocurrencies and be responsible yourself for putting your own money directly into trading.



Join the Meetup Group at:

And the Milton Keynes Crypto Facebook group here:


Disclaimer: Any investment carries a degree of risk so please do your own due diligence and play safe by only contributing money you can afford to lose. Play safe, play smart but be sure to play!

Extra info...

Wallet Creation
when holding coins long term

Whilst your coins are on the Exchange platforms, they could be hacked or lost.

Initially getting started is more important than trying to figure everything out first.

Protect your login details and wallet addresses on the exchange, as you would your bank account details, and don't ever share the 'secret' addresses.

If you are putting in a considerable sum of money, then you need to get yourself sorted with some wallets and learn the method of 'cold storage'

You'll find more info at the sites below.


www.Bitaddress.org to create a wallet

Move cursor... use paper wallet

Generate 1 address, encrypt... use passphrase

SHARE Address to give to people to 'receive' and 'load'

SECRET Address to 'spend'



Enter Password

Create New Wallet

Save your Keystore File

Download Keystore File (UTC / JSON)

... I understand

... Save Your Private Key

... Print Paper Wallet


Desktop Wallet


Download... download


Thursday, 7 September 2017

What Really Matters? Advice For Someone Smart Enough To Understand

What really matters? Below is a reminder from a couple of people who have been here before. Hopefully there is a lesson or two for you.  

If you take a moment from being busy & productive and just look up, maybe you too will see what is really important in life.


"I’m 76. 
My high school and college classmates are dropping like flies.  My time is coming fairly soon. I’ve had a varied and active life from stealing food from hotel corridors to survive to owning 4 successful companies and retiring at 49 to backpack the world with my kids. 35 was my best year. I was young enough to do it all and smart enough to see the traps ahead of me. 

One thing I wish I knew back then, not just philosophically, but at the basic level of my soul: It doesn’t matter. Nothing really matters. There is no point to all of the pain, stress, arguments, hassles, and the rest. 

I can buy a Lambo for cash and have my clothes custom-made, but I drive a 2,000 Toyota 4Runner with 242,000 miles on it, my pants are almost as old as my sons, I wear shoes I bought in 1999 that still have miles on them, my favorite food is spaghetti, and I tossed my smartphone six year ago. It drives my sons nuts. They want my wife to buy me a new Toyota Sequoia, a smartphone, and something other than the $9 tee shirts I get off Amazon.

But I learned something years ago, long after my 30s: It doesn’t matter. None of that stuff made me happy. It gave me pleasure, but pleasure fades and the darkness falls unless you are happy at your core. I am. So, I’d have liked to know not to take life so seriously. It cost me my first marriage and bad relationships all over the place because I tried to grind my way up the “ladder of success”. And it didn’t mean a thing."

Source: Marlon Brandy on Quora

"100% true and profound based on my own life experiences. I worked for a man who is swimming in money and sinking deeper and deeper into unhappiness.

I have been in third world countries where there was no money, and there was pure heartfelt happiness. I have been betrayed by FALSE friends, used financially and emotionally, stolen from, manipulated, deceived and left for dead.

I interview people and ask them to define "success", it is as if I asked them to define the "atom", the only answer they have is "money". People have made character , ethics, integrity and honesty an under valued waste of their time.

It reminds me of the 5 Life Regrets published by "Hospice International", these are the regrets of people who are in the last hours of theirs precious lives, they are poor, middle class and mega rich, they all have the same regrets, if you take nothing of value from this post, TAKE THIS.
#1 I wish I would have had the courage to share my true feelings with people.
#2 I wish I would have been true to myself, rather than everyone else.
#3 I wish I would have spent more QUALITY time with my family and friends.
#4 I wish I would NOT have worked so long and so hard, especially doing things I did NOT want to do.
You notice there is NOTHING about success, money, materialism and soul mates. When it comes to climbing the success ladder of LIFE, you better make damn sure you are not really climbing DOWN."

Source: Gary King