@bitcasino.io
Nice article, it will definitely help any noobs who read it. All I can add from my own experiences (bitcoin has made my life btw) is a couple of things -
1.) DCA (dollar cost average)
Dollar cost averaging (DCA) is an investment strategy that aims to reduce the impact of volatility on large purchases of financial assets such as equities. Dollar cost averaging is also called the constant dollar plan (in the US), pound-cost averaging (in the UK), and, irrespective of currency, unit cost averaging, incremental trading, or the cost average effect.
https://en.m.wikipedia.org/wiki/Dollar_cost_averaging2.) Be patient, bitcoin is very volatile at times. At some point in 2014 I was over 50% down on my investment at the time. I was patient & HODLED, I kept buying & didn’t panic sell. I am now in (unbanked - still holding) obscenely high profits of a high order of magnitude.
Weak hands = Losers
3.) Treat your bitcoin like you would the most precious thing in your life. Security is of upmost importance, store your coins offline.
4.) Just a list of the exchanges I’ve found safe & reliable over the years - Coinbase, Bitstamp, Localbitcoins & Bittrex.