please don't get me wrong, what I meant by set up a bitcoin wallet is by setting up your own bitcoin custodial wallet to store your bitcoin after purchasing it from an exchange and not setting up a bitcoin wallet on the exchange. Though I have edited it for clear understanding.
Good, clarity is important in topics like this so it wouldn't be misleading to those it's intended to guide well.
On Bitcoin education, I must confess that I never understood Bitcoin well until I came onboard into the forum, so I'm highly recommending this forum above any magazine or YouTube videos for a newbie, it's interactive learning process is second to none.