Well it's essential to be aware of these warnings and take a necessary precautions, Such as:
- Educating yourself on Bitcoin and its risks
- Setting clear investment goals and strategies
- Using reputable and secure exchanges, wallets, and services
- Diversifying your investments
- Staying up-to-date with market trends and regulatory changes
And remember , investing in Bitcoin is risky and could lose some or all of your investment. Always do your research, set clear goals, and never invest more than you can afford to lose.
Op you wrote well, except the part where you said diversifying your investment. This is not a basic idea for newbies to set up a good Bitcoin investment. Without having an intermediate knowledge about crypto, it's impossible to diversify without running at huge loss. The best advice for a newbie is to focus on Bitcoin investment and learn wholly from it, so at the right time he can go into diversification of his investment if he wants to.