The best wallet to keep your bitcoins is Electrum for me. Its a great compromise of security, flexibility and a nice design. Your questions are already pro-Bitcoin, so I can not answer anything else that use nothing but Bitcoin in those cases !

Welcome to the bitcoin world.


Because you can have a chance of getting profit as the price of bitcoin is fluctuating, so when the price increases, you get profit and vice versa.


Don't worry about this, just always read the terms and condition of the online wallet that you are going to use. So if you are worrying about this, just use blockchain.info


Blockchain.info for me. Just visit the site.

To be safe and secure, you create addresses for the machines not connected to the Internet, keeping careful priv key. But the big change values should BTC main problem is the value

1. Bitcoin is no need too much verification, that's why peoples call it an instant payment.
2. Store your money on bitcoin can give you profit more than bank will give you. It caused by the bitcoin prices that are fluctuating. So when you buy bitcoin at low price and withdraw it when the price is up, you get profit on that. Exactly like forex trading, but the bitcoin fluctuations is more extreme.
3. To assess a wallet is better than another wallet is just try it one by one as your choice. Or you can google it. Or maybe you can explore this forum to see the review of some wallets by the users here.

Keep reading, keep learning. Good luck

You are right about Paypal,but eBay and thousands of online stores accept Paypal and only a few websites accept bitcoin for purchasing goods and services..Unfortunately Paypal is still more buyer-friendly  than btc.

Bitcoin is a digital currency.Its price varies with the increase and decrease in demand.So it is volatile and hence investors buy it to gain profits.The best wallet is electrum.It gives you a seed when you create an account and in case if you forget your password or your system gets repaired, you can recover your wallet with that seed.Just note that seed which is a 13 word password in a paper and keep it safely.

You right, the bitcoin value is increasing quickly unlike the other currency they are not increasing. And the reason why they choose bitcoin than the PayPal because just like what I said already and it is most popular than that. Here in bitcoin you can invest your money or trade it then earn, no much work just need a time. And there are also have many wallets, online and cold wallets and I'm using cold for the safety of my money and fully secured.

One day I was also newbie for bitcoin and was not having any knowledge about bitcoin and I continued to study every thread on this forum and whenever I found any thing about which I was not cleared I searched that on internet. So spend some times in searching on this forum it will take some times for you to understand about bitcoin.

Yeah if you use online wallet, but why would you want to use online wallets if you can use hardware wallets or other wallets that you can control by yourself. That way nobody else has a say over your bitcoins but yourself. But I would say that bitcoins cannot yet solve all the problems of the financial world as it has not reached the level of adoption that would eradicate the need for paypal or other payment methods.