Quote from: Ambatman on Today at 02:10:21 PM

Quote from: rachael9385 on Today at 12:40:27 PM

Well, your points are not actually bad but the most important knowledge that a new Bitcoin investor needs before applying security to his holdings is how to buy. If an investor knows how to buy he can also know how to secure his Bitcoin, at that moment he believes that it is his asset because he exchanged his fiat for Bitcoin through p2p, at this first point when he has purchased Bitcoin he doesn't care if he has make profits or not, the next step is for him to send the Bitcoin to the wallet he will use for holding. Which means after buying, the other important step is sending.
As a newbie to Bitcoin investment, you also need to calculate the figures of Bitcoin you have, so that while sending from the exchange you bought Bitcoin from to the wallet that you will use for holding you can be able to figure out the fees for your transactions so that you will know the figures of Bitcoin that you will receive.

Not quite
In Engineering there's a saying in my side that before learning how to switch ON a machine learn how to switch it Off first
There are people, I mean lots of people that can buy and sell Bitcoin but few of the majority can really secure their holdings
Like we normally say if it ain't your keys, it ain't your coins.
What am saying is even if you can buy and sell Bitcoin with no prior knowledge on how to secure it
Good wallets to use among other security measures
It's the same as placing your money in an empty pockets
The importance of security is quite underrated
Personally I feel a newbie should learn about a secure wallet and method to implement
Before learning how to buy or sell.

What you have explained fall into the category of basic knowledge. They are basic because they are the minimum requirement before starting to accumulate Bitcoin and without them, it is not advisable to get started. The information about wallet is not complex to get and like you said, it has ben abundantly emphasized that "not your keys, not your coins". Any newbie investor in this forum should have already known that and put that as a factor of consideration in the search of his basic knowledge. I think this just as simple as saying, before you own a bank account, you have to ask questions how to protect your account by not sharing secret information. After a newbie understand how to buy and sell, common sense require that protection of the asset is the key thing.

If we continue to make it look complicated as regarding the basic knowledge required to get started, newbies following this discussion might never ever get started because they will be thinking they have to learn all there is to know about bitcoin before they get started. Remember that the technology itself is developing, new things are coming and surely there will be more improvement in security and wallets. When those improvements arrives, we will still see how to adopt them but for now, it does not require much to know what wallet to use and how to get started with investing in bitcoin already.