#BtcNewHolder
TIPS FOR NEW BITCOIN HOLDERS
1. Understand Bitcoin: It's not just an asset, it's a revolution. Study its history and market cycles, such as the halving.
2. Buy slowly: Use DCA (regular purchases) and avoid investing everything at once.
3. Security is essential: Use hardware wallets (Ledger, Trezor) and store your seed phrase offline.
4. Avoid common mistakes: Bitcoin is for the long term. Don't follow the hype or sell in despair.
5. Continuously educate yourself: Learn about reading charts and concepts such as digital scarcity.
6. Plan for the long term: Don't look at the price every day. Patience is key.
7. Protect your strategies: Don't disclose how much you have or where you keep it. Simplicity in analysis works.
8. Final tip: Invest only what you can afford to lose, diversify and stay calm. Learning is the greatest gain.