Quote from: Smilevictorobinna on Today at 08:13:36 PM

[4] Read tutorials on how to verify wallet (if possible), backup seeds, private keys, wallet backup; and steps to recover wallets

Do all you can never to get to the point where you need to recover your wallet, it is never a sweet experience. Recovering wallets means that you lost your seed phrase, device or something connecting to the wallet, it is not always an easy steps and most times are not successful. Instead of getting to this point, the best is to avoid anything that will lead to wallet recovery.

Quote from: Smilevictorobinna on Today at 08:13:36 PM

[5] Testing seeds, private keys, wallet backup first, and only deposit money in those wallets when testing results are good

During the wallet creation, one is required to test the seed phrase before the wallet is finally created. Electrum and even trust wallet have that option. However, this might be different with private keys such as those of MEW and Metamask. If one have to test the seed phrase again from where it has been written down just to be sure everything go smoothly, that is still perfect and a good practice.

Quote from: Smilevictorobinna on Today at 08:13:36 PM

[8] Check KYC requirements on exchanges that you have plans to buy coins on their platforms

If possible exchanges requiring KYC should be avoided especially now that Nigerians are facing challenges from the government in relation to cryptocurrency. Without KYC, individuals can be well protected from the actions of the government.

Quote from: Smilevictorobinna on Today at 08:13:36 PM

If your interest project already listed on coinmarketcap.com (~ CMC) > Start from CMC to get official website, github, etc. of that project

If your interest project has not yet listed on CMC, and you know official website of that project > Start from official website to get other things

If your interest project has not yet listed on CMC, and you know official website of that project > Start doing your own research from Google, with higher risks. This is last option you should think of.

Encourage people to focus more on Bitcoin and just consider other tokens with money they can afford to lose because most of the new projects die with time unlike bitcoin that will give more benefit when held for long. I have long stopped telling people to invest in ICOs or new projects because of the scam rate that is extremely high. Building a bitcoin portfolio is safer for beginners and experienced investors.

Quote from: Smilevictorobinna on Today at 08:13:36 PM

I believe this write up has helped you in one way or the other as a newbie.
Please I'm open for correction and you can add also in other for us to achieve this goal of educating the newbies.
Thank you.

Your post is comprehensive and very helpful and my contribution are also ways I support your post and give my opinion base on my experience. Thanks for sharing this wonderful information.