Where to start from for a beginner in bitcoin??

[erus]

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??

Price! ,
What you should pay attention to when getting to know Bitcoin is the price because the price of Bitcoin always goes up and down uncontrollably, no one regulates it and tends to be wild. When I first got to know Bitcoin, the price was also fluctuating and difficult to control. Many of my friends also warned me about Bitcoin, the price changes all the time, but I kept on learning about Bitcoin.

[bhadz]

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??

Everything can be searched online and so as where to start and how to start investing in Bitcoin. There are a lot of tutorials that you can go and see if the reference are helpful and as a person, you should be able to determine which is good and helpful and as well as the wrong and sketchy ones. You don't have to be gullible with everything other people say. Always put up a source and verify what have been told you.

[Tribalchief]

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??

Everything can be searched online and so as where to start and how to start investing in Bitcoin. There are a lot of tutorials that you can go and see if the reference are helpful and as a person, you should be able to determine which is good and helpful and as well as the wrong and sketchy ones. You don't have to be gullible with everything other people say. Always put up a source and verify what have been told you.

YouTube is practically one of the best resource to learning in this modern age. There are literally thousands of full courses in different areas, and I believe the OP will definitely find one relating to Bitcoin investment for beginners. And, I think as he comes across certain things, he should also try as much to ask questions on the forum, because there are chances that he might misinterpret certain information that he comes across from online resources.

And what I feel is most important, is that he should learn to make and take his own decisions. On this forum, we all give our own opinion based on what we think or feel, but that doesn't mean that everyone is right or wrong. So, he must learn to take certain decisions on his own while starting his own investment.

[Dzwaafu11]

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??

Cryptocurrency is very wide; it depends on what you want to do and the amount of money you get because crypto is all about having money to start what you want to do. The first thing you need is the knowledge; you must learn before you do everything in the crypto space. If you don’t have the knowledge, then don’t do anything because you will lose money. Learning is the first step you should take as a beginner in crypto that will be your guide in everything you want to do. 

What you should avoid is the risk of the investment after learning. If you cannot take the risk, then leave it to avoid panicking at the end of the day. Make sure you learn a lot before you invest, and knowing the risk is one of the most important things you should know.

Avoid quick money. Don’t say you will invest because you want to get reach quickly; that is not happening, and that is some newbie mentality. Last but not least, don’t forget to invest what you can afford to lose, but the most important thing is learning first before you earn.

[Themepen]

Cryptocurrency is very wide; it depends on what you want to do and the amount of money you get because crypto is all about having money to start what you want to do. The first thing you need is the knowledge; you must learn before you do everything in the crypto space. If you don’t have the knowledge, then don’t do anything because you will lose money. Learning is the first step you should take as a beginner in crypto that will be your guide in everything you want to do.

Snip.

Yes Investing in cryptocurrency needs three things. Knowledge... caution...  and patience. Before we start we should learn about risks and benefits. Cryptocurrency is complicated and unpredictable. Education helps us to make good decisions and avoid losses.

We do not expect to make money quickly means we think we will be a millionaire in one night yes we can but if we have a good luck. By the way instead of this invest carefully knowing potential dangers and only use money we can afford to lose.

[Publictalk792]

YouTube is practically one of the best resource to learning in this modern age. There are literally thousands of full courses in different areas, and I believe the OP will definitely find one relating to Bitcoin investment for beginners. And, I think as he comes across certain things, he should also try as much to ask questions on the forum, because there are chances that he might misinterpret certain information that he comes across from online resources.

And what I feel is most important, is that he should learn to make and take his own decisions. On this forum, we all give our own opinion based on what we think or feel, but that doesn't mean that everyone is right or wrong. So, he must learn to take certain decisions on his own while starting his own investment.

Yes YouTube has many helpful videos to learn about Bitcoin investing. But we do not just rely on videos also think critically and ask questions. To really understand check multiple sources and ask experts and learn to make own decisions. Getting advice is helpful but make sure to think for ourself. By learning online and doing our own research we will become smart Bitcoin investor able to make good choices. And if we will hold for long run so we will get huge profit.

[LogitechMouse]

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??

As somebody who's self-learned all the way and not being guided by any mentor whatsoever, I would always recommend crypto forums like this forum (Altcoinstalks) and the other forum (Bitcointalk), and at the same time, YouTube as your place to learn everything. As for YouTube, if you really want to learn, go watch those 1 hour documentaries out there that's explaining Bitcoin or cryptocurrency. You'll never regret it. Back when I was starting, I'm spending around 2-3 hours per day watching documentaries with regards to Bitcoin. If I can do it, you can do it as well.

As for the things that you should avoid? I would suggest avoid interacting with random strangers that are sending you a DM directly because 99.99% they're scammers. I would say that you need to learn more and make some research and along the way, you will know which are the ones that you should avoid of.

Good Luck OP, and I hope you will learn more about Bitcoin and crypto in general.

[ZAINmalik75]

Yes Investing in cryptocurrency needs three things. Knowledge... caution...  and patience. Before we start we should learn about risks and benefits. Cryptocurrency is complicated and unpredictable. Education helps us to make good decisions and avoid losses.

We do not expect to make money quickly means we think we will be a millionaire in one night yes we can but if we have a good luck. By the way instead of this invest carefully knowing potential dangers and only use money we can afford to lose.

We cannot make quick money from cryptocurrency without getting knowledge about their it works. I agree with this statement. But there are lucky people who have not knowledge but good friends who have good knowledge those lucky people just follow them and make millions not over night but they make quick millions. We can make money fast and can withdraw it fast anywhere in the world that's the main purpose of it.

As beginners, they should not only learn general things but technical things too because there they will learn different new things which will expand their thinking circle and they will think out side the box maybe some take crypto as their profession in the future.

[Hyphen(-)]

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??

You need to start by learning about cryptocurrency, Bitcoin in general first before thinking of where to start from either investing in Bitcoin or altcoin.

Know about bitcoin, cryptocurrency, blockchain technology, and how dose Bitcoin or crypto transactions work before you start putting your money into crypto.
Also learn about wallets, exchanges both centralized and decentralized exchanges; know the difference and their purposes before you start your crypto journey.

you can learn from this website, and you can as well ask question here in case you need more clarifications.

[vegasus]

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??

What you should do?
Choose top exchange and buy Bitcoin there on the trusted one, then, hold them until the price is getting much better as what you expect.

What should avoid?
Investing in hype coins, such as meme coins and other new coins based on hype that make some FOMO. This is very high risks.
It is better to invest in Bitcoin and top altcoins only, much better and wiser than the new coins that probably will end as shit coins.

[Bhigdaddyjr]

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??

You must first understand what bitcoin is, how it operates, and how much it may make or lose. Before attempting to invest in or purchase bitcoin, you should educate yourself on all aspects of it, such as its price volatility and private and public keys. A digital asset, a Bitcoin can be kept in a digital wallet or at a cryptocurrency exchange. The current value of Bitcoin is represented by each individual coin, but you can also possess partial shares of each coin. Each Bitcoin has a smallest denomination known as a Satoshi, which is named after the person who invented the cryptocurrency. Owning fractional shares of Bitcoin is very popular, as each Satoshi is equal to a hundred millionth of a Bitcoin.

[Z-tight]

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??

If you do not understand what you are getting into, then take time to learn about it first, i.e. you need to know how to safely store your BTC, where to buy it and what to expect. Some people buy BTC and set unrealistic returns for themselves, this can lead to stress and disappointment, BTC is not a get rich quick scheme, so these are part of the things you must know.

[Kemarit]

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??

If you do not understand what you are getting into, then take time to learn about it first, i.e. you need to know how to safely store your BTC, where to buy it and what to expect. Some people buy BTC and set unrealistic returns for themselves, this can lead to stress and disappointment, BTC is not a get rich quick scheme, so these are part of the things you must know.

It's because they really think that it's best to go and buy right away without thinking how and when they going to store it. Then suddenly, if by chance they lost their coins or they have hack and they got disappointed.

Now, looking back I do agree that it's best to understand specially about wallets first, custodial vs non-custodial, open source. So if I would mentor something that is the first thing that I would teach.

[LogitechMouse]

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??

If you do not understand what you are getting into, then take time to learn about it first, i.e. you need to know how to safely store your BTC, where to buy it and what to expect. Some people buy BTC and set unrealistic returns for themselves, this can lead to stress and disappointment, BTC is not a get rich quick scheme, so these are part of the things you must know.

That's the problem right now. There are many people out there promoting Bitcoin as some kind of a way for them to earn money in the quickest way possible. This is the reason why many investors out there are losing money. Nowadays, learning when you're a newbie and alone is very hard because many are misinforming newbies along the way. This is why I would suggest to most newbies to have a friend that's been into cryptocurrency for quite some time.

I hope that OP will follow what we are saying. That he will take time learning, and learning before investing because the market can be harsh especially for those new investors.

[joniboini]

I'll just share my brother's experience learning Bitcoin or crypto a while back. He's in university right now and he was looking for some side jobs to earn money at that time. He stumbled upon airdrops so he's interested in doing that. He asked me about it and I told him he should learn a bit about wallet security first before dabbling in farming or trading crypto. So he downloaded an open-source wallet, and read some wikis and forums on how to make transactions, store passwords/seeds, etc. After that, he starts making exchange accounts on his own and getting familiar with 2FA, trading, and so on. I told him to avoid spending any money to buy crypto for a while though, because fomo is not a good thing.

I think you can do more or less the same thing as mentioned above (some members suggested the same thing in this thread). Get familiar with the basics such as choosing your wallet, getting to know what platform you can use to trade crypto, learning common scams to avoid, and so on. If you're still confused then ask more, so we can give better answers to your question. Asking "what I should do" is just way too broad and "learn more" is usually the right answer for that.