Inexperienced users can make a lot of mistakes when starting to work with cryptocurrency. For example, choose an exchange where it is risky to store funds or specify the wrong address when transferring digital assets. Each of these and many other mistakes can lead to a partial or complete loss of the invested funds.

1. First of all, it is important for a user starting to work with cryptocurrency to decide on their strategy. It depends on where the trader will store their assets. If he prefers to buy coins and forget about them for a long time, it is safer to keep them in a cold wallet. If the user wants to try trading digital assets, it is better to choose an exchange.
Both methods have their advantages and disadvantages. It is more convenient to keep assets on the exchange: they can be sold at any time, exchanged for other coins, or withdrawn into fiat money. This is especially true during sharp market fluctuations. If a rapid decline in the price of bitcoin begins, the coins stored on the exchange can be immediately exchanged for dollars or other currencies.
The middle gold can be hybrid wallets that work, for example, as applications on a smartphone. This is a more secure way to store funds than on the exchange, and at the same time, most of these wallets allow you to make purchase and sale transactions with popular cryptocurrencies.

2. After choosing a strategy, you should create a wallet for storing cryptocurrency: either download the application to your computer or smartphone or create an account on the exchange. You can choose both options. Experienced traders hold on to the trading platforms part of the assets that are needed for operations. The remaining funds are stored in OTC wallets.

3. There are two main ways to buy cryptocurrency. The first is directly on the exchange if you have created an account on it. Many large trading platforms now allow you to top up your balance directly from your card or through a payment system. For this, a commission is taken, usually in the amount of 3-5%.


And in conclusion, I can say that it is extremely important to choose the right strategy and stick to it.