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Getting started with Monero by gargunzola

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· @gargunzola ·
Getting started with Monero
While deciding which [cryptocurrencies to buy](https://steemit.com/cryptocurrency/@gargunzola/which-cryptocurrencies-to-buy), I mentioned that I would like to buy [Monero](https://getmonero.org/). 

![Capture.PNG](https://steemitimages.com/DQmepDR8oNPyd4ii3fwfk1LnLrydSPMDy2ZvWhzR9yEt46E/Capture.PNG)
*Monero over the past 3 months. You can view the chart for [Monero on Yahoo finance](https://finance.yahoo.com/chart/XMR-USD#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).*

## How to get started with Monero?
* You can use the public wallet and node at [My Monero](https://mymonero.com/). Note that this is not very secure and you won't be reaping the benefits of Monero's privacy. It's good to get started and for small amounts, but it's not ideal.
* You can install a private wallet and node directly from [Monero downloads](https://getmonero.org/downloads/). 
* Top up your wallet from an exchange like [Kraken](https://www.kraken.com/) or [Evercoin](https://evercoin.com/faq).

![thumb16.jpg](https://steemitimages.com/DQmea9oZKkbQMna27TVMPApXCDexyn85YgdhWKBdfHZK89j/thumb16.jpg)
*That's right, take it! Take it all! You like that, don't you?*

There is a great guide from [Monero Eric](https://moneroeric.com/install-monero-wallet-address/) to get you up and running. Note that this guide is slightly outdated as there is now a GUI for Monero too. Just check under downloads. I prefer using the command line, so Monero Eric's guide is perfect for me. However, the GUI is pretty good and it will guide you through the process of getting a wallet, downloading and syncing with the massive blockchain, and even Monero mining!

Remember to [protect your principal investment](https://steemit.com/cryptocurrency/@gargunzola/protecting-your-money-how-to-protect-the-principal) by building a diverse portfolio, and decide how you're going to [ensure adequate return](https://steemit.com/investing/@gargunzola/investing-in-cryptocurrency-ensuring-an-adequate-return). As mentioned, I'm picking five cryptocurrencies and putting a little bit of my overall portfolio into them by splitting the crypto segment five ways. Then we wait. Profit???
👍  ,
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vote details (2)
@addisdev ·
Thanks, this is a helpful guide. Monero seems in early stages as far as infrastructure. I'm looking forward to mobile and hardware wallets.
👍  
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@gargunzola ·
Glad you found it helpful! I'm just starting with crypto myself. We'll see where it goes.
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