The Big Picture
This isn't your normal stock or asset - in the governments eyes it's a physical asset (which you will have to pay taxes on as it's earned income when you 'sell' at a higher price, better than early withdrawal\retirement fees). The idea is to think of this account as your 401K, IRA / savings - its for your retirement years of life. The money you put into this account should NEVER be taken out unless its in your retirement time. The reason being that the value will increase over time even though the price of bitcoin may jump and drop in big waves, the general tend should be to the up (as it's done since the beginning of it's creation).
Where do we begin? To be honest I can't explain it in a short summary and I feel that this video link below is a great tool I can use to help explain instead. Unfortunately the video isn't a short as this summary, its 45 minutes in total. I ask that you watch the first 10 mins which will explain Bitcoin in terms I believe most people will understand. The following 10 - 30 minutes will shows several billionaire and experts you may know or seen before share their stories about Bitcoin. It's truly an eye opener and may just help me get you to invest that first $100 to get you started (wish I did when it was $20 and I listened to this advise then, it's still not too late to join the party, believe it or not!)
To Get Started:
1 - Watch This Video to get a better understanding of Bitcoin and it's potential -
https://www.reddit.com/r/Bitcoin/comments/bynr7l/10_million_dollar_bitcoin_endgame44_min_video/
2 - Create a Coinbase Account - Coinbase 101 / FYI - This is one of the first US companies that's main focus was to give US consumers a secure and safe platform that they could purchase and/or store their bitcoin on. They were the first and still do allow buying with your Debit (Instant) or Banks accounts. They have really set the standard for best practices and security with storing bitcoin - i also believe they store and hold the most bitcoins compared to any other company for consumers.
So the first thing to create an account from my referral link @ https://www.coinbase.com/join/gonzal_p2
Using my link you'll get an additional $10 bonus when you sign up and deposit $100 within 180 days of opening the account.
3 - Within your coinbase account, you can setup a recurring deposit. I like to use 'On the 1st and 15th' which is twice a month OR 'Once a month' and use with a larger amount. Please note the fees -I actually have recurring setup in USDC coin has it's free / no fees. I then trade this for different coins and diversify my portfolio while slowly building it.
4 - Forget about it once this is setup - I would suggest only the yearly or quarterly check-in at most... The more you check the most likely you may do something you regret.
5 - Never sell. This is for retirement and never mind the price. Be patient and positive.
That's it - You can get a jump start by earning free money @ Coinbase using their earn / learn website - link below:
*Bonus* - Earn free cryptocurrency (real money folks) by watching education short videos on what and how they work @ https://www.coinbase.com/earn
If you don't want to purchase crypto, instead you can earn it as cashback and earn interest on it!
After you make some money and wanna share the Bitcoin love, my Bitcoin tip wallet address is: 1EURXbP6fAZHT49c7qMR8ZTjHSQEUhUSpX