Been in crypto for a bit now not a pro, not rich, just someone who’s been around long enough to make some gains, lose some coins, and facepalm at my own mistakes
If you’re just getting started here are some real advice from someone who’s been through it
Bitcoin has always 8 Decimal and the smallest fractions is 1 Satoshi = 0.00000001 BTC
Since bitcoin was born most of people have lost their access to their bitcoin by not saving and securing their secret seed don't be one of them!
Pay attention to Security > Everything
Use 2FA don't click weird links NEVER give out your seed phrase no one legit will ask for it not support not admins not even your dog
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Don’t leave coins sitting on exchangesDont get fooled from Earn Daily Rewards or Airdrops that are worth cents
Seriously if the exchange goes down gets hacked, or decides to “freeze withdrawals” your coins are toast
THIS HAS HAPPEN MANY TIMES ON THE PAST IT CAN HAPPEN TOMORROW TOO
Get yourself a wallet write down your seed phrase store it somewhere
safe You’ll thank yourself later
You can use Bitcoin Core or Electrum
https://bitcoin.org/en/choose-your-wallet?step=5&platform=windows-
Learn the basicsYou don’t need to become a developer, but it helps to know:
What is a wallet?
What’s the blockchain actually doing?
What is mempool?
Trust me it makes everything less intimidating
https://mempool.space/-
You can buy a tiny bit of BTCMost of people say now days that bitcoin is only for rich which is a big mistake
You don’t need to buy a whole Bitcoin you can throw in $10 and just learn how sending/receiving works don’t let the price scare you off
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gnore any Email related to update your Wallet most of people lost their bitcoin by clicking malware links or phishing
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Be careful from Drainersthere are website that ask you to connect your wallet to get an Airdrop (free coins of an project) 99% them are scam
once u connect your wallet your Coins will be gone ( even if you have 0$ but you add balance to that wallet after few months they will be gone )
Read more about Drainers here
https://usa.kaspersky.com/blog/what-is-a-crypto-wallet-drainer/29713/Use 2 wallets
1 Main for Long term which you only store your Bitcoin as an invesment and dont touch till you are a millionaire and the 2nd wallet for any payments or thing u need daily
That’s all I got just wanted to throw this out there in case it helps someone dodge a few mistakes I made early on
Anyone else got tips for the newer folks? Drop ‘em below