Exactly , some people delay getting started because they think they need to know everything first, but the truth is you learn best by doing. Bitcoin is not a school subject it is an experience Once you have the basics knowledge , how to secure your assets the rest comes naturally as you grow in the space And I agree with the part about security. At first a trusted exchange might be okay especially for small amounts but over time, moving to a non-custodial wallet gives that peace of mind and real ownership. The most important thing is to start Waiting for perfect knowledge.
What you just need to get started is your discretionary income and the basic knowledge about Bitcoin, you saying that it's an experience is not proper because if an individual don't have the basic knowledge about Bitcoin, it would be wrong starting and hoping that experience will see him through in his Bitcoin investment.
You just have to know how to accumulate consistently and what is required to hold resiliently without you tempering with your holdings, which is having an emergency funds and a reserve funds, because those are the key things that enables you to hold without tempering with it.
@Fine bone I think you didn’t understand him well enough. You gain better knowledge of bitcoin through practice, that practice becomes experience and drives you to know further as you continue your bitcoin journey. You don’t need to wait to acquire all the knowledge before you can start investing.
Once you’ve started investing, everyday becomes a learning experience you’re no longer a passive player you’ve become an active investor and this will drive you to want to know more to protect your investment and improve on it.
Since he is a new investor who wants to start his bitcoin investment with weekly DCA, he is to only open an account with a reputable exchange, buy bitcoin through p2p and leave his bitcoin in the exchange for the main time, while he continues to learn more about bitcoin and which wallet is best for him to use.
I don’t think advising a newbie to buy bitcoin through p2p is a good idea. Considering that this person is new and have little to zero knowledge of the crypto space. The warnings and demerits should be well outlined and ensure it’s properly understood, because there are a lot of people in p2p who just want to cheat you off your money and newbies are an easy catch.