First step required for a beginner in bitcoin investment

[Z_MBFM]

Still confused till now now how to start making quality investment in bitcoin, going through my social media accounts I see many rejoicing on the benefits gotten from bitcoin and my mind is already made up to get started but finds it difficult starting because I don't know where to start from, all I can see i signs and signals moving up and down.

Don't pay attention to what anyone says, recharge yourself and then decide how you will do your investment plan. DCA is a common strategy for investing in Bitcoin because we all know how much potential Bitcoin has and Bitcoin creates a new record every time after a correction and surpasses the previous ATH. This happens once in a four-year circle. Since the birth of Bitcoin, this pattern has not been incomplete even once. And as people's interest in Bitcoin is gradually increasing, Bitcoin will be able to show many more miracles in the future. So I will suggest you to continue investing in Bitcoin according to DCA as per your ability, it will be good enough for you.

[BlackHatCoiner]

The first thing I did when I was a beginner was understanding on a theoretical level how bitcoin works. You can learn a lot from this website: https://learnmeabitcoin.com/.

The second thing I would do is learn about self-custody. You can just download Electrum, create a new wallet, write down the seed phrase, and receive $20 worth of bitcoin, just to play with it.

To make an investment, you need to practice security. Most beginners who don't know a lot about security purchase a hardware wallet, like Trezor, and use that to store their bitcoin.

[Hyphen(-)]

Still confused till now now how to start making quality investment in bitcoin, going through my social media accounts I see many rejoicing on the benefits gotten from bitcoin and my mind is already made up to get started but finds it difficult starting because I don't know where to start from, all I can see i signs and signals moving up and down.

You can start with just signals because you don’t know how it works, you need to take your time to understand everything or maybe the basics about Bitcoin and crypto before you can start fully.

First of all, learn about the basics of how Bitcoin works and how to protect your Bitcoin if you finally invest. You can learn that here. This good gives you the basic knowledge you need and it is easy to understand. If you have learned and understand the basic concepts, then you can go further to invest in Bitcoin.
Mind you, trading is different from Bitcoin investment, if you want to trade, you need to learn about trading again, and the risk involved.

[Deegodstime]

The first thing I did when I was a beginner was understanding on a theoretical level how bitcoin works. You can learn a lot from this website: https://learnmeabitcoin.com/.

The second thing I would do is learn about self-custody. You can just download Electrum, create a new wallet, write down the seed phrase, and receive $20 worth of bitcoin, just to play with it.

To make an investment, you need to practice security. Most beginners who don't know a lot about security purchase a hardware wallet, like Trezor, and use that to store their bitcoin.

Your well detailed process is educative,  well explanatory and precise. I will say its explanatory technique will help go along way in the process and if mistakes are not made I think it will provide a head start to bitcoin investment.
Honestly speaking I will say i never knows bitcoin experience has gone beyond social media adverts that makes profit generation very easy and fast without knowing there are more to it that is still hidden.

[Mhizlove]

First thing is that as a beginner don't rush into an investment because of the hype and things you see on social media, start by learning from the basics, understand and know how bitcoin works, how to keep your coins safe and how does the wallet do function. Them you start with a little money you know you can leave for long term, use platform that can be trusted and focus on how you can learn how bitcoin works instead of chasing or  going after profits and signals. Because the only thing that can make your investments be quality is when you have the knowledge, understanding and patience

[Creeper0]

Still confused till now now how to start making quality investment in bitcoin, going through my social media accounts I see many rejoicing on the benefits gotten from bitcoin and my mind is already made up to get started but finds it difficult starting because I don't know where to start from, all I can see i signs and signals moving up and down.

To start investing, I would advise you to be determined at the beginning and not to look at the results of others. Especially not everything you see on social media is true and there is no guarantee that you will succeed just because others have succeeded.
To start investing, rely on your own research and gain the ability to make your own decisions by gaining basic knowledge. Since you are completely new, you should initially gain basic knowledge about Bitcoin, and then start investing by gaining basic knowledge about investing. In this case, it is better to keep a long-term attitude.

[IjawMan]

Still confused till now now how to start making quality investment in bitcoin, going through my social media accounts I see many rejoicing on the benefits gotten from bitcoin and my mind is already made up to get started but finds it difficult starting because I don't know where to start from, all I can see i signs and signals moving up and down.

You first have to learn and know what those signals and signs represent and means. No knowledge on any anything is gotten at a lightening speed,

it takes time and dedication to get all that knowledge to succeed be it whatever your interests is, trading or investing for long time, that's for years.

For a newbie, trading should be off from your focus, do not be caught in the fast profit, the real profit is in bitcoin investment.

[Agathamay]

Still confused till now now how to start making quality investment in bitcoin, going through my social media accounts I see many rejoicing on the benefits gotten from bitcoin and my mind is already made up to get started but finds it difficult starting because I don't know where to start from, all I can see i signs and signals moving up and down.

wait, you want to invest in crypto because you saw post of other social media users and you felt you were already missing out which is very wrong and it is known as FOMO which simply means Fear Of Missing Out and this happens when an investor solely invest in crpto market because they see other people investing and then they rush to also invest without doing a single research which is also what you are trying to do which is also very wrong and you shouldn't jump into investing in the market without a proper knowledge of how things work over there.

there is always an opportunity for everyone regardless of the time you come in and as a newbie it should be paramount to you on getting knowledgeable about the industry than trying to blindly invest in a coin you know absolutely nothing about  

[ColdLava40]

Still confused till now now how to start making quality investment in bitcoin, going through my social media accounts I see many rejoicing on the benefits gotten from bitcoin and my mind is already made up to get started but finds it difficult starting because I don't know where to start from, all I can see i signs and signals moving up and down.

Again and again, I'll keep sounding this. If you simply get interested in Bitcoin investment because of what you see on social media you will be disappointed.

Don't get me wrong, I'm not saying you won't make money from investment in Bitcoin, but it's not as easy as those people on social media tries to show it.

You need a good amount of knowledge and patience before you meet your target.

[KingsDen]

Still confused till now now how to start making quality investment in bitcoin, going through my social media accounts I see many rejoicing on the benefits gotten from bitcoin and my mind is already made up to get started but finds it difficult starting because I don't know where to start from, all I can see i signs and signals moving up and down.

First steps

• Understand bitcoin
• Get a job, so that you will have money to invest. If you already work, that's fine
• Research the type of wallets good for you
• Start investing using the DCA method
• Keep learning and contributing here, in months time, you can earn from this forum and maybe keep re-investing part of your earnings.

[Issa56]

Again and again, I'll keep sounding this. If you simply get interested in Bitcoin investment because of what you see on social media you will be disappointed.

Lots of people do get disappointed after trading, because what they see on social media is entirely different from what’s happening when they start trading. Trading is not as easy as people will make it look on social media. Seriously social media posts has made lots of people lose money in trading, because most people don’t even take their time to learn about trading, they just follow all those guys making videos on social medias.

Most of those videos are created because they just want people to join their community, they create those videos because of the amount all those social media’s are going to pay them, and not because they want to help, that’s why after creating a video, most of them do beg people to interact so that they just going to be paid. So it’s better you don’t jump into trading because of videos.

[tabas]

Honestly speaking I will say i never knows bitcoin experience has gone beyond social media adverts that makes profit generation very easy and fast without knowing there are more to it that is still hidden.

Don't believe with everything you see on social media, if some video or content says that you can make so much money through investing on Bitcoin but you'll have to do it on a specific platform they advertise. That's a red flag, they have the means to do advertisement in social media because there's a bigger return to those people as they're likely going to scam any single person that sees that ad without knowing of how actually it works. It sounds too good to be true that you'll earn fast and that income generation would be easy.

[BlackBoss_]

Don't believe with everything you see on social media, if some video or content says that you can make so much money through investing on Bitcoin but you'll have to do it on a specific platform they advertise. That's a red flag, they have the means to do advertisement in social media because there's a bigger return to those people as they're likely going to scam any single person that sees that ad without knowing of how actually it works. It sounds too good to be true that you'll earn fast and that income generation would be easy.

Immediately believe in everything is bad but if people are too skeptical, it's not good at all as they will waste many good opportunities. It's only like don't trust, verify by yourself, and do enough due diligent research for your knowledge and ability of making adaptive and good decisions. Like it's just a decision to buy bitcoin but if it was made 4 or 8 years ago, it would be better than now if that person has same financial status and investment capital in 8 years ago and now.

With things see or hear on social media, let's be very skeptical about them, and try to ignore them if they're such too good to be true offers or information, and always try to check whether such information is accurate if you are kind of interested in such things.

[cocadalcan]

Still confused till now now how to start making quality investment in bitcoin, going through my social media accounts I see many rejoicing on the benefits gotten from bitcoin and my mind is already made up to get started but finds it difficult starting because I don't know where to start from, all I can see i signs and signals moving up and down.

DCA method is very simple and a very suitable strategy for starting Bitcoin investment. You are still new to Bitcoin investment. You need to know more about Bitcoin. If that is the case this investment strategy is very correct during the learning period. To know about the DCA strategy for Bitcoin savings, ask on the Google search option through the internet in addition to social media. You will get the solution.

This method will keep you in Bitcoin accumulation for the long term without any fear during the rise or fall of Bitcoin. If you have available funds you can buy Bitcoin in lump sum. To reach a good financial level in Bitcoin investment and get good returns you can make use of the DCA method for multiple cycles or 4-10 years.

[SilverCryptoBullet]

The first thing I did when I was a beginner was understanding on a theoretical level how bitcoin works. You can learn a lot from this website: https://learnmeabitcoin.com/.

Learn me a Bitcoin separates its educational resources for beginners and experience (technical) people.
Beginners https://learnmeabitcoin.com/beginners/
Experienced users https://learnmeabitcoin.com/technical/

The second thing I would do is learn about self-custody. You can just download Electrum, create a new wallet, write down the seed phrase, and receive $20 worth of bitcoin, just to play with it.

To use Electrum more safely, people must understand basics about wallet and these guides can help them.
[GUIDE] How to Safely Download and Verify Electrum.
The paranoid user's security guide for using Electrum safely.

Not only with Electrum, but also with all wallets, making wallet backups properly is very important.
How to backup a seed phrase?

[Big Dirams]

Still confused till now now how to start making quality investment in bitcoin, going through my social media accounts I see many rejoicing on the benefits gotten from bitcoin and my mind is already made up to get started but finds it difficult starting because I don't know where to start from, all I can see i signs and signals moving up and down.

DCA method is very simple and a very suitable strategy for starting Bitcoin investment. You are still new to Bitcoin investment. You need to know more about Bitcoin. If that is the case this investment strategy is very correct during the learning period. To know about the DCA strategy for Bitcoin savings, ask on the Google search option through the internet in addition to social media. You will get the solution.

This method will keep you in Bitcoin accumulation for the long term without any fear during the rise or fall of Bitcoin. If you have available funds you can buy Bitcoin in lump sum. To reach a good financial level in Bitcoin investment and get good returns you can make use of the DCA method for multiple cycles or 4-10 years.

DCA method is a reliable strategy for both new investors and old investors. DCA helps in accumulation of bitcoin both during highs and lows with no pressure of frustration of market volatility, when we apply DCA method such investors doesn’t need to be worried at all on when to buy bitcoin because each time is a perfect option to buy and  hold for longer period of time.

  And this method of DCA will be very beneficial and effective when such investors has the mindset of holding for longer period of time and so bitcoin accumulation will be in progress all the time.
On advice is that let not get moved by others profits let focus on ourselves and build a strong future.

[Lannakosa]

Starting is always difficult, and believe me, it is not only beginners who struggle. Even after several years in the market, when it feels like you more or less understand everything, it is still hard to find the best moment to start buying. That is why we so often see recommendations to use the DCA strategy, where you begin buying bitcoin with equal amounts every week or every month, whichever is more convenient for you. I think that even now it would not be a bad idea to start buying. Personally, I believe that bitcoin could drop even lower, and in my opinion, the best time to start buying would be from summer. But no one will give you clear guidance on when to start buying and how to do it. That is something you have to decide for yourself, based on what feels comfortable for you.

[Deegodstime]

Still confused till now now how to start making quality investment in bitcoin, going through my social media accounts I see many rejoicing on the benefits gotten from bitcoin and my mind is already made up to get started but finds it difficult starting because I don't know where to start from, all I can see i signs and signals moving up and down.

Maybe Bitcoin isn't your thing but you are forcing yourself on it?
Ask yourself this question first and see, make up your mind right after.

I have seen people talking this way but they come up here thinking maybe it's for them, there is no room for you if you don't care about what Bitcoin is solving in today's world, in short period of time you will get bored.

I am talking from experience because I have refer people to this forum and today they are no more active, I blamed myself for even wasting my time, I judge them wrongly, thinking they have same vision as mine.

It seems they did it all for quick money and Bitcoin isn't such.

One unique quality possessed by every human willing to learn in there ability to know what they wishes to know even if its the most difficult thing on earth.  All involved in bitcoin practices today where not born with bitcoin knowledge but one day developed interest in it and wishes to get involved in it same as you and strongly believe mine will also be same. I don't need any other conviction or questions to ask myself anymore, because I know and believe it most definitely work for me even if it takes time because of lack of direct mentor but that dream must definitely come to manifestation.

[maydna]

Learning first will be necessary before deciding to start but many people make a mistake by not learning and only following others. They thinks that investing Bitcoin will gives them big profits in a short term but that will not always happens.

You can reading many valuable lessons here so you can get the ideas how starting your Bitcoin investment. DCA methods is the thing you need to start Bitcoin investment and many good lessons from members here that you can modify so that will works perfectly for you.

[tabas]

Don't believe with everything you see on social media, if some video or content says that you can make so much money through investing on Bitcoin but you'll have to do it on a specific platform they advertise. That's a red flag, they have the means to do advertisement in social media because there's a bigger return to those people as they're likely going to scam any single person that sees that ad without knowing of how actually it works. It sounds too good to be true that you'll earn fast and that income generation would be easy.

Immediately believe in everything is bad but if people are too skeptical, it's not good at all as they will waste many good opportunities. It's only like don't trust, verify by yourself, and do enough due diligent research for your knowledge and ability of making adaptive and good decisions. Like it's just a decision to buy bitcoin but if it was made 4 or 8 years ago, it would be better than now if that person has same financial status and investment capital in 8 years ago and now.

With things see or hear on social media, let's be very skeptical about them, and try to ignore them if they're such too good to be true offers or information, and always try to check whether such information is accurate if you are kind of interested in such things.

The problem is that not many of these people do their research diligently. They look for those who are influential and anything they say is what they will use as their decision making factor. Please don't do that, we all have minds to decide and we shouldn't be reliant to other people for financial decisions. As for the early buyers, they're at advantage and that's no longer the case as many have missed the early days. Now, if someone buys today this is the early days after the next years to come and that's why they shouldn't miss this time's moment.