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Redditors Discuss What Every First-Time Crypto Investor Should Know Right Now

Redditors Discuss What Every First-Time Crypto Investor Should Know Right Now

Coinpedia2025/11/15 16:06
By:Coinpedia

Every time the market heats up, new investors rush in and many end up confused, overwhelmed, or worse, scammed. 

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Beginners take to Reddit to ask what they should learn first from people who’ve survived multiple cycles and seen every mistake in the book. 

Here is some of the most practical, experience-driven advice we found for you. 

Before anyone mentioned coins, charts or exchanges, the community aligned on one thing: beginners should learn how to protect themselves.

Veterans repeated the same rules:

  • Never answer DMs as a lot of them are scammers.
  • Store your seed phrase on paper, offline.
  • Don’t keep crypto on exchanges longer than necessary.
  • Learn the difference between hot and cold wallets.
  • Always send a small test transaction before moving money.
  • Double-check the network you’re sending on.

This advice is not meant to scare away first-time crypto investors, but anyone who’s watched enough hacks and rug pulls knows it’s required. 

  • Also Read :
  •   Redditors Reveal Hard Truths of Crypto Investing After Years in the Market
  •   ,

After security, many emphasized the same roadmap: understand Bitcoin before touching anything else.

It came up in almost every reply as Bitcoin is the simplest place to learn the fundamentals. How it works, why it exists, what problem it solves, and why long-term price cycles matter.

The recommended learning sequence was: Bitcoin → Blockchain basics → Ethereum → Smart contracts → DeFi → Tokenomics.

Only after this foundation should beginners explore altcoins. Otherwise, they risk getting pulled into hype cycles and losing money chasing “the next hidden gem.”

Here’s a spotlight on some of the most avoidable errors:

  • Buying during FOMO.
  • Picking random coins without understanding them.
  • Connecting wallets to unknown websites.
  • Choosing the wrong blockchain network while transferring funds.
  • Ignoring or not knowing the tax rules of your country 

The crowd didn’t agree on every topic, but they did point to educators who consistently deliver solid information like Andreas Antonopoulos for Bitcoin and security, and Benjamin Cowen for long-term market cycles.

Others mentioned Miles Deutscher, Brian Jung, Crypto Dad and Dan Digital Currency. Several users also pushed beginners toward original sources like whitepapers and GitHub repos.

Put all the replies together and you get a simple, practical path:

  1. Learn wallet safety and how scams work.
  2. Understand Bitcoin and basic blockchain concepts.
  3. Move to Ethereum and smart contracts.
  4. Use a reputable exchange.
  5. Start small and practice sending funds safely.
  6. Move assets to self-custody.
  7. Learn tokenomics.
  8. Avoid hype-driven trades.
  9. DCA if you’re investing long term.
  10. Keep learning.

Crypto doesn’t need to be overwhelming. It just needs the right starting point. If you want to learn at your own pace, Coinpedia’s Academy and Beginner Guides give you everything you need.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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