I heard about bitcoin from my uncle and he has been talking about bitcoin since February 2022 and have been hearing how bitcoin pays and support youths. If invest in long term. And he also warned me that bitcoin is not get quick rich scheme and there are different ways one can get bitcoin. And the ones he told me were:
1) buy bitcoin and store it in the wallet for the next bull market to come. And he told me to buy it in the bear market and invest it for a long term investment for like 3_5 years period, so I am planning to invest for the long term.
2) trading is the buying and selling of bitcoin in the market at all time or anytime which gives you profit if you can trade well. But trading is more risk than investment.
3) mining is the solving of mathematical problem through computing system when someone send bitcoin to a recipient, a miner must mine the coins in the blockchain before the recipient will receive the coin.
Conclusion:
In my curiousity to know more about bitcoin, he told me to register in bitcointalk so I will learn and know more from there. So if I make any mistake in any of my writing, please correct me. I am open to correction.
Buy BTC and hold until the next block halving is a good suggestion from your uncle for long-term investment but the only problem is we do not know if we will see the price go to the moon again because Bitcoin these days is regulated compared to before.
About trading, yes it's risky for a newbie or those who don't have trading skills but you can lessen the risk if you study technical analysis and learn how to use stop-lose.
And the last part about mining it seems your uncle didn't explain it well.
Mining Bitcoin needs ASIC units to mine a block.
Blocks contain 6.25 bitcoins as a reward to miners and the transactions they include in the blocks contain transaction fees that would be the miner's incentive.