My no coiner friend wants Bitcoin

Good morning/evening.
 
OK so for almost the first time one of my normie no coiner friends asked me about Bitcoin whilst we were having lunch last week. Well what she actually said was 'If I give you some money can you double it for me'. Now the easy option would be that I take some of her money, buy Bitcoin at the rightish time and shove it on my ledger until she would like it back BUT that is not how this game works. I have learnt some valuable lessons (thank you @B18 amongst others) and I have also spent time and money to get where I am in crypto, so I set her a task. Learn about wallets. 
 

 
Now of course I will help her, she is my friend, she is smart and she works really hard, she also knows I have been in this game a while now.
 
So I thought I would set a series of 'tests' shall we say, now for this I would love your input, if I have missed anything or not explained something properly let me know in the comments. So first thing first eh and remember this is for someone who is a complete noob.
 
1 Sign up for a CEX (Centralized cryptocurrency exchange)
This is so you will be able to buy crypto with Fiat ($,£,etc)
Make sure you use a reputable exchange like https://www.kucoin.com/, Binance or Coinbase. (Depends on your region)
You have to make sure you download only the real link for anything in crypto.
Set up 2FA (2 Factor Authentication)
 
2 On ramp some fiat
Put some money onto the exchange so you can buy crypto, use a debit card to send some funds to the account you have set up.
 
3 Follow the instructions, start with a spot market order and you will use GBP os USD to buy BTC.
Congratulations, you will now have yourself some Satoshis (part of a Bitcoin).
 
4 Look at getting a cold crypto wallet https://www.ledger.com/ and Trezor are 2 common ones.
 

 
So what is a hot/cold wallet and why do I need one?
Cold wallets are offline and are used to store your crypto safely. It is a physical device like a thumb drive. You will need to store your seed phrase (12 or 24 words, like a password that you must NEVER share and don't store it on your PC or phone. Do not lose this!!!
Hot wallets are connected to the internet and could be prone to attacks, but are convenient to use for regular trading. Examples of these are https://metamask.io/ and https://phantom.app/. You have your seed phrase for these.
 
Metamask logo
 

 
Exchange wallets are good to start with but they technically own your crypto, not you. If they were hacked you could lose your crypto or they could freeze your account.
 
5 Now you may want to DCA (Dollar Cost Average) set a sum aside every week or month to use to buy Bitcoin, this can be set up easily on your exchange account or you may just want to buy some as and when you have funds. Once you hit a certain amount of Satoshis, transfer this to your cold wallet.
 
Now you can start going down the rabbit hole, read everything about Bitcoin and how there will only ever be the 21 million, you will learn how Fiat is inflationary and Bitcoin is not, you will learn about blockchains and decentralization. You will learn about the crypto cycles over 4 years and that a bear market is when you buy, buy and buy some more. 
 
You will probably get excited about this new crypto you have and may want to monitor the price, there are lots of places you can do this, https://www.coingecko.com/ and https://coinmarketcap.com/ cap are good and easy to use. There will be volatility, expect drops and days where you wonder if you were crazy to do this, then it will rise up like a phoenix only to drop down again, this you will either love or hate but it will be worth it all in the end.
 

 
 
 
This could be your plan, just buy low and hold (HODL) Hold On for Dear Life, but if you want to go further than that there will also be much more to learn. You may want to learn to trade. (takes time and patience to learn) You may want to venture into ALTs (Alternative coins) This will also take time and patience as you learn to research these tokens. Then there is DeFi (Decentralized Finance) yep you guessed it, time and patience again! There is so much you can do in the 'Cryptoverse' but above all only invest what you can afford to lose.
 
TIPS
 
Beware of You tube crypto influencers, some just want you to be their exit liquidity, ie. You buy the crypto they are promoting so they can sell it all!
Fan tokens can be much like the above.
FOMO or Fear Of Missing Out, you get so excited by the hype that after a couple of glasses of wine buying anything seems like a good idea.
Rug pulls, this is when a project will leave you high and dry, usually the developers take the money and run. Only invest in good projects!
Beware of clicking on links on X or Telegram, if it sounds too good to be true, it probably is.
 
 
So there you have some basics my no coiner friend, this is why I have been so busy for the last few years. Was it worth it? Oh yes it really is, enjoy the rollercoaster.
 
As always, thank you for reading and please feel free to comment, have you had your no coiner friends ask you about crypto? Have I missed any valuable advice?