Originally posted by LordyMatsuo:

Any tips on how to explore in a better way? I mean the map is huge do i need to keep building new beds/bases to sleep in?

Yes. Build (small) houses regularly or take over the existing ones in the world (Wooden houses in Meadows and Stone Towers in Black Forest) which is much cheaper in build costs.

Originally posted by LordyMatsuo:

I see there is a teleport i can build can i place them anywhere i want to make fast travel points or do i need to find portals out in the world?

You can place teleporter Portals wherever you want and it's highly recommended when you start expanding farther away or to distant islands. Just keep in mind that you can't transport metals through these portals and you'll need a ship to bring them over from longer distance.