Downloads for bitcoin traders
"The hard, cold reality of trading is that every trade has an uncertain outcome. Unless you learn to
completely accept the possibility of an uncertain outcome, you will try either consciously or
unconsciously to avoid any possibility you define as painful. In the process, you will subject yourself to
any number of self-generated, costly errors."
Best Bitcoin Exchanges
Looking for a place to exchange fiat money to Bitcoin? We have quite a list for you.
Don't just go for any big name you spotted maybe on a banner. Each exchange has its perks. Your choice will depend on how much information you want to share with the exchange at all.
By and large transactions from eWallets are not widely accepted. It has a good reason – these are easily reversible in a time window of several days after completion. You always have this option on Localbitcoins, but be careful. You can always get scammed, and not always by new users.
On exchanges mostly you are only able to do a bank transfer. For that you need to confirm your real identity. If you stumble upon an exchange that has the absence of identity confirmation and advertises it as a valuable benefit on the homepage, possibly you have found a scam.
To be on the safe side best is to check Bitcointalk forum and The Bitcoin Bad List
How to buy Bitcoins with Skrill or Paypal
Skrill and Paypal are both well-known e-wallets.
Skrill has couple more neat features though - sign up is fast and easy, fees relatively low and withdrawals very easy. You can even withdraw your funds on a Visa debit card.
The disadvantage is that Skrill payments are easily reversible.
When you are dealing with an unknown person who buys Bitcoin from you, there is always a chance they will reverse the payment. The Bitcoin transaction is irreversible so you will end up screwed.
The Skrill chargeback policy is such that even withdrawing the money in cash will not save you from chargeback. Once the sender cancels their order the money is sent from your account, if the result of that is negative balance you have to send in the money to cover that debt.
All these are problems with selling Bitcoins for Skrill cash. If you want to buy Bitcoins with Skrill cash, you are safe. But count on a higher price of the coins since the vendor puts himself in high risk.
Read more about the fastest, safest and cheapest ways to buy Bitcoins with Skrill
Best Bitcoin Wallets
There is a tradeoff between security and usability
While Electrum is fine for everyday use, it uses centralized servers and by the way it operates it is possible to tell Bitcoin addresses of the same wallet. It is also possible to associate an IP address with the transactions. With the amount of Bitcoin transactions it would be hell of a job to find you, but still - relying on this is security by obscurity. If that is not good enough for you but you still want to use Electrum, generate separate wallets (File > New/Restore) and use VPN when doing transactions.
Read more about Bitcoin Wallets
Bitcoin Wallets for cold storage
If you want to have a kind of savings account on a laptop you don't use anymore,
go ahead and get Armory on it.
The setup is a little complicated but is the only equivalent to a hardware wallet.
But remember that a hardware wallet is easier to use and lighter to carry around, of course.
They cost as little as 20 EUR, it might be worth it.
Read more about Bitcoin cold storage
Read about hardware wallets (updated for 2017)