From a mechanical-design standpoint, Bitcoin is almost objectively the most superior store of value asset that has ever existed, and for the majority of people, that is the best use of it.
Unless you actually know what you're doing with trading and all of that, I think the best advice to give a newbie is to treat BTC like an on-the-side "savings account" of sorts... If you can ignore the short term volatility and just DCA (stack those sats), over the long term, basic economics is in your favour, a fundamentally deflationary asset will always beat inflationary currencies. Unless there is a devastating collective loss of trust in bitcoin (watch out for those patoshi coins moving when quantum is a problem), demand will likely continue to grow and this idea will hold.
As many have said, patience is key. It's hard to be patient... but large scale global Bitcoin adoption is an incredibly long term process. Even starting now, if you consistently save and accumulate over the next 10-20 years, I think the prospects are very strong (other SoV capital flows into BTC). Generally speaking as well, stacking sats can make huge price dips a lot easier to ride out, rather than trying to time the market and "double your money"
Unless you actually know what you're doing with trading and all of that, I think the best advice to give a newbie is to treat BTC like an on-the-side "savings account" of sorts... If you can ignore the short term volatility and just DCA (stack those sats), over the long term, basic economics is in your favour, a fundamentally deflationary asset will always beat inflationary currencies. Unless there is a devastating collective loss of trust in bitcoin (watch out for those patoshi coins moving when quantum is a problem), demand will likely continue to grow and this idea will hold.
As many have said, patience is key. It's hard to be patient... but large scale global Bitcoin adoption is an incredibly long term process. Even starting now, if you consistently save and accumulate over the next 10-20 years, I think the prospects are very strong (other SoV capital flows into BTC). Generally speaking as well, stacking sats can make huge price dips a lot easier to ride out, rather than trying to time the market and "double your money"