Re: What is the best tips for who will invest in BTC for first time?
For who will invest for first time in Bitcoin, what is the basic recomendations and tips to PLAY THE GAME!??
1. It is true it's necessary search for a Exchange with the price cheap in BTC for buy it ?? That is a good recomendation for "Traders" and "Holders" too??
2. I will "holder" my BTC, I need buy in piece BTC or all my fiat money buy all BTC? What is the best strategy to be a good HODL in BTC?? And Why?
3. What is your strategy for now in BTC? And why??
4. List me all your good tips for to start now! I will be very grateful...
Sorry for the silly questions, but that's how you start
PS:. I have already prepared my mindset, and I am only investing a money that if I lose it will not hurt me.
1. It is true it's necessary search for a Exchange with the price cheap in BTC for buy it ?? That is a good recomendation for "Traders" and "Holders" too??
2. I will "holder" my BTC, I need buy in piece BTC or all my fiat money buy all BTC? What is the best strategy to be a good HODL in BTC?? And Why?
3. What is your strategy for now in BTC? And why??
4. List me all your good tips for to start now! I will be very grateful...
Sorry for the silly questions, but that's how you start
PS:. I have already prepared my mindset, and I am only investing a money that if I lose it will not hurt me.
after your first purchase, make sure to immediately move your bitcoin to a secure wallet
like hardware wallet
but make sure the wallet hardware is safe from the keylogger, because there is a case of someone's assets being lost because of the keylogger inserted in the wallet hardware
you can also use a web wallet like electrum or blockchain wallet
make sure to properly store the passphrase for the login without anyone knowing
the point is you have to move your bitcoin immediately after buying it from the exchange
never save your bitcoin on an exchange