Re: Buy the DIP, and HODL!

In as much as I like your consistent on Bitcoin investment but one thing you should also consider is the possible fees you could incurred while making a withdrawal on every buy to your wallet, although as investors whose plan is to hold for a very long time it will not be advisable holding your investment on a decentralized exchanges because anything is possible so buying from an exchange and withdrawing to your wallet is actually the best but to be on a safer side in terms the fees of withdrawal you could strategize your withdrawal in such a way that if your accumulation is on a weekly basis you could accumulate for two or three months and withdraw all at once instead withdrawing at every buy which will cost you more.

Keeping Bitcoin on any type of exchange, decentralized or centralized is a big no. We should be wise about where we're keeping our bitcoins. If you have no hardware wallet yet, you should keep it on wallets like Electrum, Bitcoin core, Blue wallet or any of likes that provides your key.
But, wait a minute. Who does keeps his bitcoins on decentralized exchanges? I know that there could be some but really, people still keeping bitcoins there? Because if it's on a DEX, I am sure that it's not a Bitcoin that's on its own network but probably on different chains like wrapped BTC.

Hardly for a beginner to go around using these hardware wallet if they are not much familiar with it talk more of using a decentralized wallet or exchange.

Mate, I think you are wrong here; all bitcoin wallets are decentralized because only you have ownership of your private key, which you use to control your bitcoin. If you advise a newbie not to use a decentralized wallet to hold his bitcoin, that means you are indirectly telling that newbie to make use of a centralized wallet to hold his bitcoin.

Your argument here is pointless. Didn't you see the part where i mentioned that it is a first step for beginners to buy from a centralized exchange and after learning about security measure for a wallet then they can transfer their investment over there. Let me ask you a question. Where do you buy your bitcoin? Do you buy from a CEX or DEX? If you tell me you buy from a CEX then you are nothing but a hypocrite, because you made it sound like a Centralized exchange is a bad area for bitcoin to pass through.

Oh perhaps i have been too aggressive here Cheesy

Let me make my point more clear and address this concern. For a beginner its more important to understand between security and ease of use. So my suggestions was;

A beginner should consider a trusted centralized exchange (at least some level of trust generally) with strong security to get started and learn how to buy deposit and then buy bitcoin. Gradually as they become more comfortable they can learn security measure and how they can secure their holding s in decentralized wallet for total control over their bitcoin.

Al last its all about finding the right balance between security and easy to use exchanges or wallet regardless of our level of experiences as an investor.