Where to start from for a beginner in bitcoin??

[Sukii]

For someone who is new and has no idea on where or how to start investing in bitcoin where should we look at first and what should we avoid??

[Gurujebs]

For someone who is new and has no idea on where or how to start investing in bitcoin where should we look at first and what should we avoid??

I have some questions for you and I hope you can answer them, then that's when I can give you a real route to follow so you don't do jack of all trades on crypto because it's a very wide niche that you can start from anywhere but it depend on where you want to start.

My first question is that do you have money to invest? If you do, then I urge you to learn about type of coin you want to buy and I will advice you start from doing DYOR(do your own research) regardless if you are going to be buying Bitcoin or altcoins, try and do research about the coins you want to buy.

If you don't have any money and you are looking for alternative ways to earn. There are but you have to be patient about them. Airdrop is your best bet, there are retroactive aidrops which pay more but since you might not have funds to interact onchain and bridge network, maybe you should try telegram mini games and see your luck perhaps you will get money like others are doing but don't forget to DYOR.

[Sukii]

Oh wow
In that case I will learn more about airdrop
Thank you very much

[Sim_card]

Oh wow
In that case I will learn more about airdrop
Thank you very much

It is better that you invest in buying bitcoin and grow the amount of your bitcoin gradually using DCA method. Airdrops are everywhere and no one knows the one that is legit because majority of them so ll end up as scam. You are new to the cryptospace, therefore, you should start with something serious and invest for the future if you have extra cash that yoi can use to buy bitcoin. Most airdrops are waste of time and you might get frustrated when you end up with the scam ones.

[JISAN]

For someone who is new and has no idea on where or how to start investing in bitcoin where should we look at first and what should we avoid??

Bitcoin is a currency in which you can invest in all categories without doing any deep analysis because Bitcoin is constantly breaking its old records and setting new records so if one sees the price of Bitcoin at least 40-50% down from its previous ATH then in Bitcoin  A long-term investment should be made.  Because later when Bitcoin makes a new ATH again, at least double profit will be available from here.  A beginner investor would be better off following this topic to invest in Bitcoin in the beginning and later after gradually learning to do market analysis he can play Bitcoin with his new and own strategy.

[0t3p0t]

For someone who is new and has no idea on where or how to start investing in bitcoin where should we look at first and what should we avoid??

We look at first our own strength and weaknesses to asses whether a strategy would work perfectly for us or we need to improvise just to suit the specific expertise or skills we had with what we wanted to qchieve in Bitcoin investment. Acquiring enough knowledge will do the job well if we have it.

[albon]

Oh wow
In that case I will learn more about airdrop
Thank you very much

Your favorite thoughts are welcome.
However, not enough money is available from airdrops now because the main reason for this is the increase in the number of scam projects. We never want to discourage or disappoint a new crypto user. But the reality is you have to accept and work in crypto. But it is true that you can earn a lot of money from crypto by investing but for that you need to know the position in the crypto market. As bitcoin investment is always best for new crypto users. Because it is the world's first open-source cryptocurrency known as a decentralized digital currency. Since no financial institution or clearing house is required for transactions here, you can invest worry-free.

[bayu7adi]

For someone who is new and has no idea on where or how to start investing in bitcoin where should we look at first and what should we avoid??

First, determine your goal in entering the world of bitcoin, then choose the path you want to take ... If you only know cryptocurrency about trading and investment, and your goal is to become the richest person in the world ... you might get a recommendation to learn the basics of cryptocurrency first ... Binance Academy can help you ... there you will be explained the stages of the process that you can apply to become a professional in the crypto field ...

Be patient in learning, it is indeed very difficult ... but it is even more painful to be stupid and not be able to take any steps ... so, try to enjoy the process.

[TomPluz]

For someone who is new and has no idea on where or how to start investing in bitcoin where should we look at first and what should we avoid??

I will start with what you should avoid. You should avoid at all cost the scams and frauds happening all over the cryptocurrency world and do not ever be enticed by the appeal to greed as scammers are offering you usually high ROI by just doing nothing and just giving them your money. I know there are many ways and strategies scammers and fraudsters are using to victimize people and you should educate yourself with them so you will not be a part of the statistics. Now, what you can do to get Bitcoin as a beginner? To be blunt, you must have the money in your pocket so you can buy all the BTC you are dreaming so you need to work hard and save money. I am hoping there is a legit and approved crypto exchange in your country where you can buy one. Now, if you don't have the money or don't want to invest some money, you must have the time and must exert effort and then participate in the tap-to-earn projects but always remember that this can be time-consuming and can also be tiresome and there is no guarantee that you will really receive something worth your time and effort invested. The most important thing is you keep yourself educated and updated with new opportunities that may come up your way.

[libert19]

There have been plenty beginners before, so possibly whatever questions you have and the ones that arise are already answered, you just need to give a quick Google search for your query.

For your investment endeavor, I'd suggest using non-custodial and community trusted wallets such as mycellium and electrum to store your BTC, and where you to buy? Use reputed platforms in your country or obvious Binance comes to mind.

[bitterguy28]

For someone who is new and has no idea on where or how to start investing in bitcoin where should we look at first and what should we avoid??

okay so you want to start investing already i say you should establish first what kind of investment you want to do are you in it for the long term? will you want to trade etc etc

after establishing this the next thing i did was to basically find a wallet or an exchange to buy from and store my coins in there’s different types of wallet and exchanges there’s hot and cold wallet and there’s centralized and decentralized exchanges

hot wallets are basically connected to the internet and must be connected to if to be used while it is the opposite for cold wallets and centralized are basically platforms that are regulated by third parties and the opposite for decentralized ones

after choosing what type then you’d have to choose a specific one depending on your preference and goals

[jeraldskie11]

For someone who is new and has no idea on where or how to start investing in bitcoin where should we look at first and what should we avoid??

The first thing to do is to learn the basic knowledge about Bitcoin. And because you are asking about investment. This is what you should learn, Exchanges and Wallets. That is very important when we invest. There are many free lessons somewhere, just search it in youtube or google. Small information about Exchanges, it is the place where you can buy or sell cryptocurrencies, and the Wallets, it is a personal wallet where you can keep your assets more safely.

[MrSpasybo]

I will start with what you should avoid. You should avoid at all cost the scams and frauds happening all over the cryptocurrency world and do not ever be enticed by the appeal to greed as scammers are offering you usually high ROI by just doing nothing and just giving them your money. I know there are many ways and strategies scammers and fraudsters are using to victimize people and you should educate yourself with them so you will not be a part of the statistics. Now, what you can do to get Bitcoin as a beginner? To be blunt, you must have the money in your pocket so you can buy all the BTC you are dreaming so you need to work hard and save money. I am hoping there is a legit and approved crypto exchange in your country where you can buy one. Now, if you don't have the money or don't want to invest some money, you must have the time and must exert effort and then participate in the tap-to-earn projects but always remember that this can be time-consuming and can also be tiresome and there is no guarantee that you will really receive something worth your time and effort invested. The most important thing is you keep yourself educated and updated with new opportunities that may come up your way.

The primary objective for any investor seeking profitability in the crypto market is to minimize losses. Without capital, generating returns becomes virtually impossible. Investors must proactively safeguard their assets against threats posed by hackers, scammers, and FOMO.

To expedite and streamline their crypto journey, investors should seek guidance from an expert or, at minimum, a seasoned market participant. Moreover, continuous learning within their chosen sector — whether it's trading, holding, or providing services to other investors—is imperative.

Achieving success in the crypto market demands a diverse skill set. However, several fundamental principles stand out: unwavering faith in Bitcoin, self-custody of crypto assets, a healthy skepticism towards others, and a strict aversion to leveraging investments.

[Findingnemo]

For a beginner the knowledge of choosing the right wallet and exchange could be the first choice but obviously before that they need to have basic understanding of what is Bitcoin to them in particular because based on that the answer differs from one to another user.

What is decentralisation
What is blockchain
What is mining
What is staking
What is custodial and non custodial wallets.

Are some of the terms they need to become familiar with before buying Bitcoin or any cryptos.

[armanda90]

The first thing to do is to learn the basic knowledge about Bitcoin. And because you are asking about investment. This is what you should learn, Exchanges and Wallets. That is very important when we invest. There are many free lessons somewhere, just search it in youtube or google. Small information about Exchanges, it is the place where you can buy or sell cryptocurrencies, and the Wallets, it is a personal wallet where you can keep your assets more safely.

For the beginner have understand basic way about bitcoin from deposit, withdrawing until how to purchase our fiat easily to invest in bitcoin. I think firstly information needed about exchange and OP have to see available or not with local exchange market in his country to make easily for depositing fiat and buy bitcoin.
I think too difficult if want make transaction trough P2P on top exchange market such as Binance or Bybit because beginner not understand well rule or regulation when making transaction trough P2P.