Post
Topic
Board Bitcoin Discussion
Re: I am 19 years old boy living in South korea. Please give me an advice
by
Davidvictorson
on 22/10/2023, 17:23:52 UTC
I receive about $100 a month from my dad. I am planning to use them to buy some bitcoin.
Please give me an advice to be successful Bitcoin investor in the future.
I'll give you my advice in bullet points. Here they are;
- Read up on Dollar Cost Averaging strategy.

- Budget  a percentage of your pocket money to buy Bitcoin either monthly, bi-weekly. Do it for as long as you can.

- Download and install Electrum wallet or any other soft wallet on your laptop and keep your key phrase safe.

- Only use Centralized exchanges like Binance to buy your Bitcoin. You could also try decentralized exchanges. When you buy move the Bitcoin out of the exchange into a soft wallet.

- If you have a skill request to be paid in Bitcoin if your clients would agree to.

- Look for other ways to accumulate Bitcoin.

- Stay up to date with Bitcoin news.