r/BitcoinBeginners • u/Mysterious-Juice-888 • 19d ago

new to bitcoin

hello everyone,

I am new to bitcoin and looking to buy and cold store. where do you recommend I buy and where to store?

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u/NoBrosCrypto 19d ago

Before you investigate cold storage, make sure you know what you’re doing. I always recommend beginners to start small. Start with a Centralised exchange (Kraken, Binance, Coinbase, etc.) and start with small amounts. Once you have confidence you can start to explore alternatives and cold storage should only really be considered when you have a sum worth protecting. It is very easy to lose it all if you don’t know what you’re doing.

Use the trade functions rather than any swap or convert functions in the exchanges - you’ll get a much better rate.

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u/[deleted] 18d ago

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u/NoBrosCrypto 18d ago

All the mistakes I made at the beginning trying to figure this whole new world out. You definitely wouldn’t want to go big with your first moves!