Quote from: Charles-Tim on September 19, 2022, 07:36:04 AM

Quote from: slowlyslowly on September 19, 2022, 01:46:33 AM

Any suggestions about “easy entry” things for newbies?

The easiest entry point for newbies is to know how to buy bitcoin directly. Newbies can just go for a recommended noncustodial wallet, cold wallet for high amount and just buy and transfer bitcoin to such wallet and hold it there. Bitcoin was designed in a way you can have it and have full control over the ones you own as long as it is a private key wallet.

People always want to get a "magic wand" or "easy entry", instead of going down the path of learning and improving, go from beginner to expert. You can embark on this path by starting with active actions: both theoretical (to understand the basic issues of purchase and storage bitcoin), and practical (to put it into practice).

Quote from: Charles-Tim on September 19, 2022, 07:36:04 AM

Quote from: adaseb on September 19, 2022, 03:17:43 AM

You can use an exchange such as Binanace and just keep it on the exchange. Don't need a software or hardware wallet, its just for extra protection. If you keep it on an exchange just make sure you use 2FA and don't reuse passwords. As long as you don't click phishing links in email or anything suspicious you should be fine. Also enable whitelisting addresses also as an extra protection.

Exchange can be hacked. When you can have full control on a noncustodial wallet. Why saving coins on exchanges?

About 2FA, it is best to just use another device for it. I mean traders.

The exchanger can't only be hacked, but simply refuse to give out your money under any pretext, plausible or fictitious. Of course, this is the easiest way for newbies, because it removes all the issues of storage, security and responsibility, but at the same time deprives them of the most important advantage of bitcoin - freedom of action in the world of finance. The notorious "not your keys - not your money". Newbies should not start with simplification, sacrificing the most valuable thing that bitcoin has.