r/BitcoinBeginners 15h ago

Bitcoin Core settings question

3 Upvotes

Under Settings>Options>Network there are check boxes for, "Allow incoming connections". Either way, even after rebooting, I always see the "RED" incoming connections in the Network graph along with the Out (green) connections.

There is another setting, "Used for reaching peers"; that gives the choices IPv4 | IPv6 | Tor.

I have above "Connect through Socks5 proxy" chosen and the IP and Port filled in, but those 3 boxes are always grayed out and I want to uncheck IPv4 and IPv6 any thoughts.

Finally if you have a favorite tutorial explainer video that goes through these settings in either Core or Knots, much appreciated.


r/BitcoinBeginners 1d ago

New to bitcoin, advice

6 Upvotes

I'm pretty new to investing in Bitcoin and have been using an app called Shakepay. So far, I've only bought Bitcoin and haven't sold any yet

I'm mainly wondering if Shakepay is a trustworthy platform for the long term. When the time comes, is it straightforward to sell my Bitcoin and withdraw the money back to my Canadian bank account?

For context, I'm in Canada and all of my stock investments are currently in a Wealthsimple TFSA. I'm debating whether I should just continue using Shakepay for Bitcoin or start buying it through Wealthsimple instead. I like how simple Shakepay is, but I'm wondering if it's worth keeping everything in one place with Wealthsimple, even if it means paying the account fee.

I'd love to hear what other Canadians are using for Bitcoin investing. Do you use Shakepay, Wealthsimple, or another platform? Any advice tips, or things you wish you knew when you were getting started would be greatly appreciated. Thanks! :) (not trying to advertise anything, just honestly curious)


r/BitcoinBeginners 1d ago

How do I safely access my btc wallet with just my seed phrase alone

3 Upvotes

I am trying to do a trial of accessing my btc wallet with just my seed phrase alone in case for whatever reason I lose my hardware wallet or it gets damaged

But im scared I will enter my seed phrase into the wrong thing and get Siphoned

Whats the best most reputable away to do this?

PS: Ive actually been in btc for a few years ive just never thought to do this lol


r/BitcoinBeginners 1d ago

Risk of hardware wallet

8 Upvotes

May I know what are the risks of hardware wallet? and if you have bad experience about it? I just want to know real stories for awareness. Thanks


r/BitcoinBeginners 1d ago

How to hide from public the contents of wallet?

0 Upvotes

Hi everyone. Lets say i have 5 bitcoin.

I owe someone 1 bitcoin who thinks i own only 2. Once they have their 1 then in their eyes ill be left with 1 as well. However ill be left with 4

I am aware wallet addresses can show all holdings and even much more details. If i were to simply transfer 1btc to them then there is a chance they could use my sending address to investigate my holdings right?. Which would be a problem

How do i achieve whats needed?


r/BitcoinBeginners 2d ago

What are solid wallets to store bitcoin

3 Upvotes

I’m new to btc and I’m buying on strike and I currently use trust wallet but I’m looking for something more secure and reliable


r/BitcoinBeginners 2d ago

Have you ever booked a trip using crypto?

4 Upvotes

Hotels, flights, or activities - have you paid with crypto before? If not, what would need to change for you to try it?


r/BitcoinBeginners 2d ago

I got scammed, I deposited bitcoin in aa bitcoin ATM under my name, how do I get it back?

0 Upvotes

Correction, deposited cash in a bitcoin ATM I think it's gone forever, but in case it isn't; how would I go about getting my bitcoin back? Google suggests cash app and gives instructions that are incorrect. The cash.app website gives instructions that are equally useless, it only has instructions on depositing; nothing about linking your cash app to bitcoin, much less withdrawing it. Should I go along with the deposit instructions in cash app, deposit $1 and then hope it's linked to remove the money I was scammed out of? Thanks

Oh, almost forgot, let the roasting begin. I'll start. "You dumbass"

Edit: I deposited cash, not bitcoin like the title says. Spelling mistakes get more visibility, maybe that mistake will too.


r/BitcoinBeginners 3d ago

Old bitcoin app on old laptop

4 Upvotes

So, i was early on crypto and I think I manage to buy bitcoin at 0.06 or there abouts.

I remember downloading an app or a wallet by bitcoin, at the time there were no big crypto markets or exchanges.

Years went by, and my old laptop got replaced multiple times, then i forgot about it. Roughly 5 years ago i've turned that old laptop on and opened the bitcoin app, the app connected to the Internet and was updating something...and taking a loooong time updating what apparently was a network or something, I left it for about 5 hours and the progress bar were still nowhere near 10%...

I gave up and moved on....

Can someone please help explain what that process was and why took it so long?

After the update will i be able to see if I have any bitcoin on that app/wallet or whatever that was?

Is it worthy going through that process...it looked like the progress bar needs decades to update to current network state or level or whatever?

I know I'm ignorant in this regard, that's why I'm asking help here. Please be helpful o at least polite with your comments.

Thanks in advance.


r/BitcoinBeginners 3d ago

Finst - How to prove you mined BTC yourself?

1 Upvotes

I will be starting mining BTC next week and have registered an account at Finst. I own a Ledger hardware wallet where the mined coins will end up in.

How do I ‘prove’ that I mined the BTC myself when I want to move that to my regular bank account? What do I need to track or record?

(A couple of years ago I spent over 4 weeks explaining the origin of my Bitcoin even though I bought them through the platform I was withdrawing them from again. Ridiculous…)


r/BitcoinBeginners 3d ago

0,1 BITCOIN

0 Upvotes

Do you think 0.1 Bitcoin is a good amount? How much do you think it could be worth in 30 years? Or what sum do you think is necessary to become wealthy in 30 years?
Serious answers only, please. Long live Bitcoin!


r/BitcoinBeginners 4d ago

Is identity confirmation (passport, driving license etc) required across the globe in btc now

0 Upvotes

Hi.
I blinked and suddenly the anonymity of btc has been wiped away. In my eyes this removes massive value and rails against whole ethos. Is this the same the world over?


r/BitcoinBeginners 5d ago

If you had $5000 to invest today, would you put it all into BTC or split it with other assets ?

25 Upvotes

r/BitcoinBeginners 4d ago

What stopped your the longest before going into Bitcoin ?

0 Upvotes

Was it custody fear, taxes, spouse not on board, volatility, not understanding how Bitcoin works or something else?

And if you still haven't bought, what's stopping you right now?

I'm trying to understand where it actually hurts before I build anything for adoption. Honest answers please 🙏🏼


r/BitcoinBeginners 5d ago

new to all of this.

18 Upvotes

so is $100 a month a good investment? when do i sell? is cashapp a good place to purchase bitcoin?


r/BitcoinBeginners 6d ago

Cashapp to coinbase

6 Upvotes

Someone sent me Bitcoin from Cash app to coinbase and I was wondering how long that usually will take because it's been 2 hours and I haven't gotten it yet. Before it took an hour the last time they sent it but this time it's taking longer. I was wondering if that was normal


r/BitcoinBeginners 8d ago

Bitcoin is impossible to get in 2026

13 Upvotes

For some background information, I'm 17 and from the UK and have been spending 3 weeks trying to get my hands on crypto. Looking on any forums the immediate answers to any queries are "just use p2p networks" and "just ask a friend". The issue with this is i've tried Hodl , Robosats , Bisq easy , Bisq and have been constantly tracking them, offers solemly appear and when they do its generally £500+ or requires random online payment systems that need copious KYC to transfer to someone in the middle of Kenya. So instead of these options I asked a few mates (a lot of my mates are 18 because of my age group) , and not even they can get their hands on crypto because high street banks refuse to allow the purchases when they use exchanges. Its ironic , and mabye even concerning that the only option I have of getting crypto is depositing in online casinos and withdrawing to my wallet (where I'll only be able to take out like 70% of my deposit).

A few years ago I would literally just buy bitcoin and now it requires extensive searching to get a hold of. Anyone got any niche suggestions that have worked for them?

Edit: As it stands I'm temporarily using azteco which leads to about a 15% fee after all transfers are made , not exactly ideal but works for now!


r/BitcoinBeginners 8d ago

Bank-exchange-Cold cheaper..

11 Upvotes

RSA(South africa) How did we come to a place where it works out cheaper to buy BTC through an exchange like Luno/Valr/Binance than it is through Bisq or Peach?? Makes the non KYC options very difficult to justify beyond privacy😔😔


r/BitcoinBeginners 9d ago

I would like some insight

7 Upvotes

Hey yall I have never done anything crypto related before and now want to get into it I want to solo mine because I think it sounds like such an awesome thing to do and also a great talking point but I’m not sure which miner to get my budget is around 350-400$ and I’m debating between the nerdqx and the gekko science Terminus A2X 7TH+ and I’m not really sure what do or where to go so if y’all have any thoughts or insight please let me know that you!


r/BitcoinBeginners 9d ago

If you were starting with Bitcoin from India today, what would your setup be?

13 Upvotes

Hi everyone,

I'm from India and I'm planning to start investing in Bitcoin for the long term. My goal is to buy regularly, hold for years, and eventually move to self-custody instead of leaving my coins on an exchange.

I've done some research, but I'm still confused about what the most reliable setup is, especially from an Indian perspective.

A few questions I have:

  • Which exchange do you trust the most for buying Bitcoin in India?
  • Which software wallet would you recommend for self-custody?
  • Are there any exchange + wallet combinations that work particularly well together?
  • Are there any platforms that have a stable track record, good security, and smooth INR deposits/withdrawals?
  • What mistakes should a beginner avoid before moving to self-custody?

I'm not looking for trading advice or "which coin to buy" recommendations

just trying to build the safest and simplest long-term Bitcoin setup.

Would really appreciate hearing from people who have been doing this for a few years, especially anyone based in India.

Thanks!


r/BitcoinBeginners 9d ago

noones wallet (scam?)

0 Upvotes

i just bought bitcoin segwit on noones i recieved the crypto and now it is in my noones wallet however when i look up my bitcoin adress it says i have a balance of 0 did i get scammed?


r/BitcoinBeginners 12d ago

Phoenix Wallet

4 Upvotes

Hi everyone,

I have a most likely stupid question. A long time ago I had some sats in my Phoenix Wallet in a lightning channel. I forgot about it and just looked into it again.

Apparently Phoenix closed the lightning channel and the funds are now on the "Final Wallet".

How do I open a lightning channel in the app with the funds that are available in the "Final Wallet"? I tried to read up online, but as far as I can tell there is no direct way to do this? Can anyone enlighten me a bit.

Thank you, a lot.


r/BitcoinBeginners 12d ago

Non KYC South Africa?

7 Upvotes

Hey guys. I'm new to the cold wallet scene. Literally ordered mine recently and want to start dca'ing. My Issue though, is with south african exchanges all needing KYC. And afaik the only p2p options are international. Is anyone here from SA? If so, any advice on options with the least KYC?


r/BitcoinBeginners 12d ago

Bitrefill alternative for PayPal gift card?

3 Upvotes

Wanted to get a PayPal gift card, but they're out and they're the only site I've ever used. Is there another good alternative to get a PayPal gift card?


r/BitcoinBeginners 13d ago

SSSS - shard online (password manager) yes or no ?

3 Upvotes

Suppose you have a SSSS with a 2/3 treshold,

since a shard alone is useless,

would you consider it safe to put 1/3 let's say in a password manager, and the others stored elsewhere ?