Post
Topic
Board Beginners & Help
Re: First buy Bitcoin as a newbie, good way to start.
by
Zigabel
on 12/11/2023, 06:50:11 UTC
I know to lot of people, who may have invested money into the wrong investment platforms outside of Bitcoin but pirade themselves as Bitcoin investment may misunderstand the title of this thread, but that is the truth, and the best way to start your Bitcoin journey.


I use myself as an example, be for I started to acquire knowledge about Bitcoin, I first bought some amount of Bitcoin and held it in my personal wallet, not an exchange wallet, and I had my wallet keys properly saved, and after that, I became more active innthe forum and reading comments and posts and doing other bitcoin related research,  and that made it easy for my to accumulate more bitcoin while studying, and this has helped me in much greater ways and I thought it could help others here, most especially newbies.


So if you have the money to buy some Bitcoin,  why not buy first and thereafter learn along the way and keep practising the few things that you learn, e.g DCA approach, this approachable helped a lot of newbies to be able to have the right mindset and accumulation approach towards bitcoin, and they can accumulate a good amount within a short space of time, and also building a sustainable knowledge that helps you to have a better understanding of the market and to make good analysis.
To be able to buy and store your Bitcoin you need to have some basic knowledge to be able to achieve that, if you have no knowledge at all it's not possible you will know how well to be able to buy and store before further learning, sorry to say but it's proper to think that you can just buy without any knowledge except you are assisted by some one who has a prior knowledge.

You will always need that basic knowledge to first get on board at least to know how to buy, difference between wallet and exchange and other simple basic knowledge about cryptocurrency before you be able to buy and store the go to acquire further knowledge about how cryptocurrency works and it's dynamics, these may be for further learning but you need the basics to at least be able to purchase coins. Although not everyone would want to follow your style some persons prefer to better understand all they can lay their h d on or probably make sure to get substantial knowledge about it first before investing a dime.