How do I play bitcoin online?

Hello, fellow crypto enthusiasts! I'm curious about the process of playing with Bitcoin online. Could you please explain in a concise manner how one can safely engage in Bitcoin trading and investment activities? I'm particularly interested in knowing about the necessary steps to set up a digital wallet, choosing a reliable exchange platform, and understanding the risks associated with Bitcoin trading. Additionally, I'd appreciate any tips or best practices you could share to ensure a smooth and profitable Bitcoin journey. Thank you for your insights!