Creating Easy Brazilian Fish Stew is straightforward when you follow these simple steps:

1. Heat Olive Oil: In a large pot or Dutch oven, heat the olive oil over medium heat.
2. Sauté Vegetables: Add the chopped onion and minced garlic. Sauté until the onion becomes translucent, about 3-4 minutes.
3. Add Bell Peppers: Stir in the diced red and green bell peppers. Cook for another 5 minutes until they soften.
4. Spice it Up: Add the paprika, cumin, cayenne pepper, salt, and pepper. Stir well to combine, allowing the spices to bloom for about 1 minute.
5. Pour in Coconut Milk: Add the can of coconut milk and fish or vegetable broth to the pot. Stir to combine all the ingredients.
6. Simmer: Bring the mixture to a gentle simmer. Allow it to cook for about 10 minutes, letting the flavors meld together.
7. Add Fish: Carefully add the fish chunks to the pot. Cook for an additional 5-7 minutes, or until the fish is cooked through and flakes easily with a fork.
8. Finish with Lime Juice: Stir in the lime juice, adjusting the seasoning with salt and pepper as needed.
9. Garnish: Remove from heat and garnish with fresh cilantro.

Following these steps will guide you in creating this incredible stew effortlessly.