Quote from: Fiasem20 on Today at 08:16:36 PM

Quote from: Samlucky O on Today at 03:59:20 PM

Quote from: Ambatman on July 18, 2024, 02:10:21 PM

Quote from: rachael9385 on July 18, 2024, 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 h][]ow 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.

For me I would say it is important to study about security measures before investing in Bitcoin,

A newbie that wants to start investing in Bitcoin should start as soon as possible.There are things to learn along while investing in Bitcoin, learning about security measures shouldn't prevent a person to get started in Bitcoin accumulation.A newbie that has disposable income can get started as soon as possible, there's no time to waste, learning is a continuous process you can learn about Bitcoin security measures on Bitcoin forum like Bitcointalk where we have experienced bitcoiners to educate anyone about Bitcoin and it's security measures.Unfortunely trust wallet is not recommended as a safe wallet to hold Bitcoin for a long term.Once again start accumulating right away and there's no need for procrastinating because one wants to learn about the security measures of Bitcoin before investing.

I agree with the point you've made, newbies can start their accumulation without wasting too much time. for the things that they do not know for instance like security measures that is involved and some of the mistakes that can made will be lessons learned and corrected once the right questions are asked, is more like saying they will be learning on the job first hand. The thing with newbies is that, the beginning stage looks so frightening, as most beginners find it hard to pull through that first stage of their investment journey, but hence they are consistent with their investment and are able to pull through the first stage with strong convictions, then you will see procrastination and other forms of distractions will die a natural death.