Bitcoin Forum

I've studied most Bitcoin investors, those who have money to invest are the ones going around looking for someone to teach them how to invest, the first thing they want to learn is how to use the exchange to make purchases using Fiat on the exchange, they are always in hurry, they have no time.

Those who don't have money, have all the time to keep learning and reading stuff online about Bitcoin and the crypto space, they have no reason to be in any hurry and it seems they are the ones that avoid the unnecessary dramas in the crypto space because they took their time to learn first.

Do not walk away from Bitcoin investment because you don't have the money, it's even better not to have money because you will have the patience to learn more about everything, and when the money comes, you will be able to avoid many dramas.

This is not true in all cases.

Many people that value their money do take their time to make some research about anything they wanted investing in not just Bitcoin, and for Bitcoin being a digital asset it is necessary for anyone willing to invest in it to do some research about the technology behind it before investment. Only those people willing to make quick money will just venture into Bitcoin investment and be eager to make profit.

Yes, and there are other ways of obtaining BTC other than buying them.

You can sell services or objects in exchange for bitcoins, you can mine them (but that requires investment, ASICs and infrastructure + electricity), you can take part in polls, signature campaigns here on the forum... There are lots of ways to obtain BTC, even without buying it.

I understand the idea of your post OP, but I don't think that having money prevents people from doing their research before investing.

When you have a lot of money, you don't want to lose it foolishly. When you have little money, you don't want to lose it either. I think it's more a question of personality, maturity and patience than financial possibilities if you look at people's buying behaviour.

Well, no wonder world is full of difference and each person has different idea, for example here op's idea about having knowledge is more valuable then having no money. But at the other hand few days back i read a topic, took me few time to find, whose idea and POV is totally different then ops. Without money, the knowledge is a waste (https://bitcointalk.org/index.php?topic=5456591.msg62415937#msg62415937)
Well, i have shared my opinion on the obari's post and i will share mine here too. That i totally agree with you too but also to some extent only. Because as obari said money is also necassary and without money what value our knowledge has, so in the reply i shared we could earn money by sharing our knowledge about crypto just like i am doin as a crypto content writer.

Point is, existence of both is necassary but knowledge is most necessary because without knowledge you can not stay longer.

It’s not entirely correct. The people without money actually study hard to get grasp of the thing so that they could offer services on it to raise money and most of them are usually employed by the rich folks to help them invest this is a general principle to all investments. But I tell you not all the rich folks that do that. There some that actually go to read all about it before diving into it.

In fact I would say those that do not have money or say little money are the ones that make mistakes in investing into either bitcoin or cryptocurrency at large. This is because they are eager to make lots of profits from it and therefore they rely on charts signals by influencers on social media claiming on how the crypto space could get them rich easily. As for the one with money, he is very skeptical into going into just anything that could actually Would result into him getting into loss.


Also without experience on it you can’t equally test your knowledge, because knowledge with having that experience is just a shallow understanding of the subject matter. So both should be equally balanced

I guess for the majority of us who discovered this community and started to join bitcoin paying signature campaigns then I will say that we are very lucky because we don't need money to begin with. From the campaigns we have, we learn how to save some and then re-invest it to something or do some trading or venture into maybe some altcoins.

But those who have the capital to begin with, it's easy for them. However, bitcoin investment is not a sprint, it's a marathon. So the longer we stay and continue to accumulate the better for us. And with that, we don't need to compare ourselves to some big whales, at the end of the day it's how we invest and not be affected by others.

Well, yeah people who don't have money to invest in bitcoin may have double or tripled their effort to study more about cryptocurrency in general so they can use their knowledge to generate income in crypto related field and so they could invest those money they have earned.
I've seen people offering some services in crypto trading, they offer basic and advance fundamentals of how to predict prices . That's one way of earning and at the same time enhancing your learning.

Any business you start takes practice. If a person does not have money, he will not be able to experience everything on his own. Saying that you need to study Bitcoin for the future someone who has no money upsets him even more. Since he will begin to understand that the current price of Bitcoin if he bought it right away, was more profitable than after he learned everything about it,
Everything must go together. Sometimes we meet hurried people who rush to invest their money, and this is an indicator of greed. The one who earns steadily knows how to manage money, and it is these people who get the best profit, as they consciously put in a lot of money, which ultimately leads to capital gains.

There are people who cannot afford long hours just to earn bitcoin so they usually use their own money to earn profits in return.

But there are people who doesn't have any money to use so most of the time they exert more efforts to gain bitcoins by working multiple jobs they can get on any platform they are. So you cannot say about its good not to have money to invest since its still depends on situation we are facing on.

Are you sure all people with capital for investment do the same?

Some are stupid, greed, lazy and do things like you said but some others will do due diligent researches before they are ready to spend capital for investment. They are intelligent investors.

They are not all smart people but when they don't have money, they have to work and learn to get bitcoin from their works or use salary to buy bitcoin.

However, they can be the same like stupid investors who initially have capital. After getting money from salary, they might be in hurry with investment and can change from investment to trading. If they end with Leverage or Futures tradings, no happy result and ending for them.

Reminder: do not keep your money in online accounts (https://bitcointalk.org/index.php?topic=5421039.0)

That's wrong, not everyone who have money are like that, I'm sure of it because we have bitcoin millionaires and not to mention learning is different for each individual, some people don't want to learn because they think already have some level of understanding on how bitcoin works and they see a semblance of it from their other investments so they skip ahead while there are others that wants to learn, I think that this is the better distinction when it comes to two types of bitcoin investor, those who want to learn and those who don't want to.

In many circumstances there is not always that type of person.
People are very difficult to entrust their money to be handed over to those who have knowledge about investments that are completely absent from the owner of the money.
What you say is not that it doesn't exist and doesn't ever happen in each of our environments, but they prefer to be taught at a glance and then they will practice it themselves with small amounts with the perception when they fail not in large numbers.

When people who have a lot of money and are able to invest in Bitcoin ^{[basic knowledge such as how to buy and store investment assets safely]}, then those who do not have much time will choose long-term investments.

Money (capital) and knowledge are two things that need each other in all matters, including in business.
The important thing is the desire to be able to master the desired field is strong in him.

That's wrong but on the other side it's right too, don't equate bitcoin millionaires with the people OP used as his observational sample. I agree with you that this is just about people wanting to learn and not.

Referring to the 2 conditions described by the OP, i think it's better not to have money first before actually investing in bitcoin. Try to imagine, if you have the money to invest in bitcoin (without knowing anything there), but at the same time the bitcoin hype is at its peak, do you have time to do more research? of course you will be afraid to miss the hype. So, i really agree with the important point stated by the OP that it is actually better not to have money first, so that we are not in a hurry and have a lot of free time to learn about bitcoin itself.

There may be a point, in that someone who is penniless might have more time to study and learn about Bitcoin and the exchange as a whole. So there is no rush to make investment decisions and have the opportunity to avoid the drama that sometimes occurs in the crypto market.

In any investment, solid knowledge of the assets to be invested is essential. Therefore, if someone has the investment skills and is prepared to deal with the associated risks, they may be better prepared to take the appropriate step in considering allocating some of their funds into Bitcoin.

I don't know how many people I've researched, or simply people you've met or heard about in different mediums, but I don't think human investment will be exactly the same, right from the start. in thinking the knowledge element has classified a hierarchy, or you can also mix things where rich people lack knowledge or poor people have a lot of knowledge, and people are both rich and knowledgeable and vice versa. The point is that investment behavior is based on elements of knowing them and then coming to specific experiences, to give us desires and goals. Just like a story that reminds me of buddhist monks, they don't know about bitcoin but they have a life and wisdom that is superior to the majority, but if we haven't lived like that, the Life operates like a game with all sorts of pitfalls that arise when given the opportunity to choose whether to participate or refuse is already a decision that has a lot to say.

Investing in Bitcoin requires a steady attitude.  Because there are so many people in cryptocurrency only those who want to make quick money will venture into bitcoin investment and be interested in making a profit.It is possible to get rich easily in the crypto space, but it requires a sufficient amount of knowledge.  To use digital currencies, they must have the knowledge to manage their access.  Those who are short on time will opt for long-term investments.You can't make good profit in Cryptocurrency with just money it requires knowledge nothing is possible without knowledge.  Any business we do requires practice.

Those who don't have money will forget about Bitcoin because they don't have any money to invest in the first place.

Those who don't have money will trying to earn free Bitcoin through Bitcoin faucets, join scam bounties, trade their KYC to earn crypto, sign up on various centralized exchange which have challenge to earn crypto etc.

I don't believe they will learn and read many stuff about Bitcoin, most people will not want to learn something that they will not able to earn.

I don't really agree with what you said, because it will be quite difficult for someone to be able to profit from the crypto market using knowledge alone, experience and money are also needed. Moreover, the crypto market is quite difficult to learn, due to volatility and various other factors. knowledge alone will not be enough to be able to face this market, that's why it's important for someone to be able to prepare their capital to invest in bitcoin, it doesn't need to be too big, someone can just start investing with small capital.

so in my opinion between knowledge and money on Bitcoin investment is important. these things must be balanced, so that someone can achieve consistent profit from Bitcoin investment.

Took me a few minutes to understand the gist of the OP. If you have no money, it represents a complicated financial situation for an uncertain time. Maybe what you learn about investing is not useful for yourself, and it is dangerous to teach others before you get into it yourself.

Not that I'm preventing you from learning early, nor do I know at which stage you'll be ready to put your money in. Learning how bitcoin works is also a form of knowledge investment that should come before real money.

Everyone has the way they learn. If there is more accessible funds how do you think the rate of learning would be?
It's still the interest that counts. Some got to know about Bitcoin and the opportunity it can offer while they were broke and pennyless. Others learnt how to when they had the cash, and could pay the best brokers.
The one who even learnt while pennyless may have a hard time even making profits for a long time, should he/she stumble upon cash and try to invest in Bitcoin.

The risk takers are the ones who actually profit from Bitcoin trading. Irrespective of broke or rich.

Always plan to reduce your expenses so that no matter how limited your income is, you have the possibility to save a little, and then think about how to invest these amounts wisely. Not reducing needs leads you to be bankrupt before the end of the month or at best with zero debts but without savings, so research what are the things that consume your budget and reduce them, and when you get a surplus you can invest it in Bitcoin or any other investment.

I mean, I say that the problem is not in investing, but rather in your thinking without money.

I don't think that learning about Bitcoin investment is necessary for those who have no money and for those who hardly fulfil their humanly needs. But, if someone has enough money, and still they are only learning about Bitcoin investment, and aren't taking any proper step to invest in it then they will never invest in it because of the fear of loss. The fear of loss is created in the minds of the people who don't trust Bitcoin as a profitable investment, and those people will never be able to invest in Bitcoin because of that fear.

If someone has enough money for investing in Bitcoin then they only need a week or two to learn about Bitcoin and its market before investing the money into it. Waiting for longer than a year or two isn't a good thing for a Bitcoin investment because the price of Bitcoin can go high anytime and the ones who miss it when its price is low will regret that why they didn't invested in it when it's price was already low.

Somehow right but not all the time. Fiest of all, even if you have the knowledge but lacks the capability to invest, you won't be able to test or even apply that knowledge, right? As per those who have money, indeed they would be only after with profit but still they have the capability to try and test, and learn eventually. Both has ups and downs, it just depends on the individual to how will he/she be able to make use of the circumstances. Perhaps there's a huge dump with the market price, initially, you would have idea of buying right? Then how would you be able to do that? You know what to do but you cannot act in accordance with your plan. I'd say people with money has the advantage still, even if dumps occur, they can afford holding for a long time until the market recovers.

Your study might be correct based on your respondents or the people you observed. Generally, anyone that is in a haste to invest and make an instant profit has a high tendency of losing his funds. A lack of knowledge about the area you want to invest in will lead to wrong decisions. If you don't have quality information, you are bound to make mistakes. Second, premature investors are prone to scams. There will always be fake businesses or investment platforms that will promise big profits. Without basic knowledge, one might become a victim because of a hasty decision. The above facts relate to both those that have or don't have money to invest.

If you have intentions to invest in any area, the first investment should be in knowledge. Lack of money shouldn't be an excuse because one can get money in a few minutes but knowledge takes time to build. So the time you invest in learning is not a waste.

That's not entirely true, if you know about bitcoin at this point and you don't invest in it but just focus on studying and learning, then you will miss out on a lot of things. Bear season is a good opportunity to invest in bitcoin, and you will miss it if you wait. I agree with part of what you said, but we also need to consider what stage the market is in. Do you want to buy $30k worth of bitcoins, or do you want to buy $100k worth of bitcoins when you've done all the research?

Someone who wants to start investing in Bitcoin, of course, must do research first, as well as those who have a lot of money, of course, will be careful in making a decision to start.  Apart from getting recommendations from the people around them, of course they will learn by doing research from various sources first.
Except, if the person has a lot of money but little knowledge and doesn't want to dig deeper into how it works, it will be very easy to lose the money invested in it.

And for those who don't have money like Op said they can only collect information from various sources but don't dare to start it then it can't be said much better because they are only rich in information but can't feel success with it

It doesn't necessary but people find Bitcoin has some opportunities that could give to a person despite their current status, let's say some rich people having a lot of money and finding things where they could invest their money, then they tried to study Bitcoin for their money to work passively. While for people doesn't even have assets to enter in this industry, won't even think on studying Bitcoin as they don't know how to execute it without having experiences since it would be impossible for them to gain experiences without losing money that they couldn't even afford to lose. But still it's open to every one to learn so it wouldn't be hurt to study incase they have the money.

@Z390, I will partially disagree with you on this one. The reason is that, whether you have money to invest or not, it's still necessary to invest by the time you begin to have that knowledge. Let me tell you, some people that you think are very rich are very careful in managing their money; they don't take risks that they feel are not worth it. An example is my friend, who had all the money to invest in Bitcoin back then when he was learning Bitcoin, but he was busy focusing his funds on just one investment source, which disappointed him before he decided to try Bitcoin.

Whoever lacks money management skills will fall into those unnecessary dramas you talk about, but whoever has good money management skills will always want to investigate the assets they are putting their money into.

Why I partially agree with you too is because someone who doesn't have money yet to invest, if the person is dedicated to learning steadily, might have gotten enough knowledge to guide them before they invest. But don't forget that experience will teach those who don't want to learn calmly before investing, that after they make one or two mistakes, they will learn. My Opinion is that it's just good to have money so that as you learn, you are also Investing at once; there is no time to waste.

Some people don't have money to invest, at such they feel they are wasting their time to learn Bitcoin, so, they don't bother themselves.


Cheers 🥂, Dr.Bitcoin_Strange 👺👺

I think if you have more money or less money but learning first is very crucial because if you don't know what to do and how to manage risk then it will not be possible to achieve your desires. It does not mean that if you are wealthy person then just putting money into some business will surely give you profit, learning is also very important.

It is reality that people always learn about those things which he can buy and if person does not have money then he is not interested in such activities because he know that he cannot use money in this field. It also depends on the interest of individuals, an interested person will learn by himself while those who are not interested will just put money and think that this amount will multiply regularly without doing anything which is totally wrong concept.

the opinion that you convey is the conclusion of your perception and in my opinion not all Bitcoin investors are in a hurry as you say.
I don't fully agree with your opinion but I take the positive side of your opinion because I think your opinion might open people's minds so they don't rush to invest without having sufficient knowledge.

for this opinion, I agree, don't feel discouraged and don't give up easily on learning Bitcoin even though we don't have enough money to buy Bitcoin.
we can get Bitcoin not only by buying it but we can get it in various ways as long as we can see the opportunities that exist.

This is a very important topic because the majority of newbies always tried to start as soon ad they hear about Bitcoin, and 70% of them will did some wrong steps that could lead them to lose money and sometimes get scammed, people must start learning about everything in crypto and how to profit from opportunities before putting money on crypto otherwise they will lose

I guess many forum users don't have money to invest. They register on forum and do something useful, try to join bounties, make constructive posts, and earn some bitcoin from signature campaign. I would definitely not say all users are like that but I am sure some users join forum for the purpose of making money which is then invested over time.

Regardless of their goals, it may be true that forums can help them get good opportunities to become bitcoin investors. So even if they don't have money, their interest and willingness to become bitcoin investors can be made possible when they want to learn.

Depends on certain conditions yet we know that there are people despite on having tons of money they could still be able to make out some dealings which they would be able to make involvement accordingly
and wont really be that too careless when it comes into their decisions considering that this one would really be involving money which it would really be that common sense that they should really making
some study and analysis towards it.They cant really be just in a hurry on putting up things without thinking properly since they do know that money is really at stake on which it would really be
that not all having the money would really be just be like that on where having no time on studying on something that they do really want to get involved with.
You cant really compare out those people who dont have money to those who do have when it comes to decision making. We know on whose always have the advantage.

Well it depends on how "privileged" you are actually. Some even don't have the access to just learn investment at all even if they really wanted to learn. It's not just having the money to be able to learn new stuffs just because they the means to do do so but also knowing on what the person really needs at that condition.

I wonder where you got that "70%" though. There are still newbies like me back in 2017 that just proceeded with caution because I know that crypto isn't something to just f around.

@OP is this findings or discovery of yours base on any studies made with the crypto community or just an observation of yours among the few btc friends you are familiar with? coz i know for a fact that this is not true.
Have you taken a good look at the entire crypto space and the monumental number of brains that has huge funds in it? i think it is usually the other way around, those with no penny or little to invest usually don't find leaning btc important and worth their time since they won't invest anyways, they are too afraid to lose their small funds that they will rather not waste time with it unlike the big boys who knows what's up.  ;)

Here is a hint - take airdrop Mainnet interaction as a case study, find out how many broke dudes are wasting time on something they don't have money to do and find out how many dudes with money are actively involved with constant interaction and increasing transaction volume on a daily, weekly and monthly basis.

I am not sure if this applicable story everywhere. This seems to be very small thought about the Bitcoin investment. I mean how many people might be there who think this way while making an investment in the Bitcoin. If someone is willing to invest money then they would always come prepare and make their moves. Moreover, I would like to think that if someone is making research about different investments then they would do it only after learning how much money they could invest or willing to spend so that they can be differentiated from the daily expenses. Most of the research based investment are done by keeping in mind about the money we are willing lose on the way. If someone is not having money then I bet they would never think about investing the money.

To be frank, I find the concept appealing. Those who possess financial resources often feel rushed and struggle to make informed decisions when investing. They lack sufficient time to learn and conduct thorough research. Such individuals typically learn from their losses, the hard way. Nevertheless, if you are already familiar with Bitcoin and currently lack substantial funds for investment, you can continue learning about it and make the right decision when you have the necessary financial means.

I'm am very certain sure about what op actually mean and I can say I'm one if the practical example of such investor, I've been studying about crypto trading and investment with zero balance to the extent I missed 2017/18 bullrun, fast forward again to the 2013/24 bull run, I also missed it because I have no money but the knowledge about crypto and Blockchain increases, now I'm currently building a decentralized finance (Defi) platform which will be disclosed soon because my knowledge increases and I got investors for my project.

I may likely take this topic a debate as to why having money and no knowledge vice versa which is pretty much good for crypto space.

The amount of time one does research can be quite lengthy. If one buys Bitcoin before understanding much of how it works and how to buy and sell it, then at some one will pay an expensive real-time lesson. The guy who cannot buy any Bitcoin and spends his time researching it before he buys any, may have the advantage of learning more about it without losing money to newbie mistakes. But the argument can also be made that during his time researching, the price of Bitcoin may have risen significantly and during such an event, the earlier investor is the clear winner.

So both sides can have their pros and cons.

Personally, I just dove right in. If you have a healthy brain, its easy.

If you have an irrational or rash personality, then studying Bitcoin before investing into it is the preferred course of action for you. It really depends on whether you are confident in your abilities or not. ;D 8)

Those who don't have the capital have no money to waste; thus, you're more careful and considerate when it comes to investing. While what the OP mentioned isn't necessarily true, it's often found in newer users who, as some of us have noticed throughout the forum, are focusing directly on how and how quickly they can multiply and grow their investments. Personally, I can relate to what the OP is referring to since I myself started with zero capital and everything has been earned through my personal work, such as microtasking, signature campaigns, trading, and Altcoin mining, and I'm thankful for the whole experience and journey.

Spending time in learning is never wasted, it doesn't matter whether you have money or not. It is natural that when a big investor comes to invest, the first thing he thinks about is the safety of his money. Rich people know how to use their money and how to manage trading accounts. They are not so inexperienced that they will invest a big amount of money without knowing anything about Bitcoin. Buying bitcoins is not a difficult task, a person who invests his money can find out how to buy bitcoins using fiat with a little internet searching. So it is not a serious matter. But if the person does not acquire trading skills then he may face huge losses from which he will gain experience and avoid making the same mistakes in future. So if a person who wants to be a Bitcoin investor has a huge amount of money, he will find out its proper use.

It's good to learn, but if that learner doesn't have money, how can he invest? Knowledge of Bitcoin will give him experience but it will be important for him to figure out his earning source, and build the ability to invest in Bitcoin. So having money, or not having money is not important to know about Bitcoin, it is important how the individual is taking it.

You are right, i forgot about experience, actually both op's discussed the dependency of the same two entities ( knowledge and money) so in this crowd, i forget to mention out Experience but the point is, one can gain experience if he/she will have money but of course if one wants to learn trading with no money then there comes paper trading, (that's how they can build experience). So, overall, experience an be built after, but first we need knowledge and without we can not even build a good experience.

To get benefit from the Crypto industry knowledge is kry and then comes money and then you can gain experience.

You are right though, and to add that those who have the money are the ones that easily get scammed due to lack of due diligence or research before investing in coins outside bitcoin, or they easily fall prey to bitcoin investment scam where they tell their victims to invest and earn interest on their investment every day, this one is something I've particularly experienced myself and my savior is that I don't always have the money each time such an offer comes up, else, I probably would have fallen victim to such scam on several occasions, as such offers are sometimes, so juicy that one with the money would be seriously tempted to try it out.

So its just what it is, most times, not having money is sure a blessing In disguise, as it saves us from losing money as well.

OP, that's not true cause this is something that has to do with a vice-versa situation and individual way of doing things.
We have seen some newbies on this forum who didn't have the fund to invest in Bitcoin and still choose not to study to understand the fundamental aspect of it.
While there are also some rich people who took their time to learn about Bitcoin before they invest in it.

It is a good thing to ask for guidance if we have the money and yet low on knowledge about the venture we are interested.  I do not think that every investor are in a hurry since they already have the money, they wanted to make the best out of their time, looking for the fastest way to learn since we all know time is precious too.


The problem here is that we cannot invest without money even if we have the knowledge.


So how can you invest in Bitcoin if you don't have the fund?  In the end we still need money to invest in Bitcoin so the idea of having no money to invest in Bitcoin is even better makes no sense.  In investment the most precious is time, knowledge and fund.

  
Op I don't fully agree with you in all cases that people without no money to invest in Bitcoin or cryptocurrency are better than those who have money to invest in terms of learning things about cryptocurrency. as for me i see people without no money to invest more weak in learning because they may not dedicate more time in learning because it may not be that soo valuable to them because they don't have the money to invest but people that have money will like to take their time and dedicate them self in learning because they will not want to lose their money.

@OP I read that you sell your land for BTC (https://bitcointalk.org/index.php?topic=5457298.0), so I think your action conflicts with your statement in this thread.  IN Bitcoin investment money is the most important factor to kick-start your Bitcoin investment venture.  You cannot start your investment venture with only knowledge and without money to buy your investment.  At the end of the day, you will use that knowledge to produce money and eventually buy Bitcoin.  So it does not match your statement about having no money to invest in Bitcoin is even better.

I think it's a personal thing. I believe so because people with a lot of money still take the time to understand the business before going into it. Not everybody hurries into it. People who hurry into investment are people who are more likely to run into scam investments and Ponzi. They just want to get rich quickly out of the scheme, and Bitcoin is not that.

While you have stated an advantage of not having money to invest in this context, there's also a disadvantage.
If you didn't have money to buy Bitcoin when it was 10k dollars in 2017, how will you feel when it was 65k dollars in 2021? There's this feeling you'll feel like you missed out on an opportunity just because you didn't have money to invest.

Right. Without intention i'm sure, I think OP has skewed kinds of people into two brackets. People who buy/can buy and don't know much about what they are doing, and people who are broke and know more.

Of course I'm sure there are a lot of people who are broke and know about the intricacies of Bitcoin, or are learning fast because there are no monetary means to buy and. That doesn't mean it's a good position to be in. Learning Bitcoin and blockchain to a point where you can make a living does not necessarily mean that you will succeed, and definitely isn't a favorable position to be in.

It's more efficient to buy Bitcoin than to earn it, because all the earning opportunities in the world are in fiat, and only a few are in Bitcoin, with a lot of competition. And doing faucets, bounties, trading is a really bad earning method, compared to running a small business or just finding a job. But you are right, the people who just bought Bitcoin need to first of all learn all security best practices.

That is op opinion and what he think so far about those that have the funds to invest and the people that do not have the funds to invest in Bitcoin. Not everybody that have the fund to invest in Bitcoin will want to follow this step since the way we reason is very different. We think differently and do things in our own ways. This is more of a self discipline about the way we react to things and make investment. It is very wrong for us to quickly jump on making money as an investor without learning and gaining the right skill to take us to the level we ought to be and starr making money.

I mean I can see your point here, you're going to learn a lot actually if you started to enhance your knowledge more before even starting right. But at the same time it wouldn't make any sense if you're not going to apply what you have learned about cryptocurrency, In my opinion, the best thing to do is just to start now and then learn on your way, with that your saving time by having experience and knowledge. Yes you have a forum where you could learn, and most of the members will help you and teach you, but the experience is the best in this situation.

When I started on cryptocurrency I was just a student so I don't really have money at all that time, I guess it would make sense at its already a good opportunity to learn Bitcoin, You could totally use your knowledge on how you're going to earn money right, it wasn't going to be easy but I didn't really invest on Bitcoin but I earn it that time, when I started my job that is only the time that I started buying bitcoin because I already have a salary.

Mmm not sure what kind of rich bitcoin investors you've studied (whatever that means) but in that case I just wonder how those people made that money: rich people with a brain know that you don't become rich overnight, just look at Warren Buffet net worth how increased after years and years. Maybe you're talking about people who inherited money, so for them everything looks easy? Also because I really don't understand who and why you should pay to teach you how to use an exchange, even a kid would be able to use an exchange...

It's hard to argue with this, but there are still nuances. It's not enough just to buy bitcoin, it's much better to choose the moment when it can be done best, because everyone should know about the high volatility that sometimes reaches unthinkable heights in the crypto markets compared to traditional markets. Therefore, even if there are funds available for investment, it is better not to invest everything at once, but to do it in small pieces, gaining the necessary experience.

because actually investing in any asset still requires us to study it first. the rich people might be in too much of a hurry to make money, but I don't think they wouldn't do it with some caution.
people who are oriented towards business development and investment always think things through well. including studying several aspects that will indeed help them in making choices.
I actually don't really have a problem whether I have money or not to invest in Bitcoin. it all depends on each individual. because every potential investor may still have their mentor who will direct them from the start.

Well, what I'm trying to say is that his distinction of bitcoin is a bit narrowed because that doesn't tell the whole story, it divides them easily to the haves and have nots which is wrong because there are some people that have money to invest but are still willing to learn while they are investing, that's why I see it as kind of a bad dichotomy. I didn't claim that OP is wrong but I can't and won't prove anything because I stand by what I am talking about.

people who are going to invest in btc usually have someone who always does research first and adds insight and knowledge before investing in btc and there are those who don't do research first and most don't do research In the past it's always bad and ends up making a loss.

In my opinion, in this case, not everyone who no has money does research before investing because usually people who have money will actually be eager to seek knowledge because they don't want to experience losses. even usually people who don't have money are always lazy to study because they don't have money.

but indeed if don't have money it would be good to learn about btc first so when you have money of course it will be easy to invest in btc and have the potential to make a profit.

Currently, there are quite a lot of ways to invest in bitcoin, there are even a lot of them on social media or YouTube. you can study it for free. In addition, people who are usually in a hurry in this investment will quickly leave this investment because they may think that this is an instant way to get profit, without even learning.
The advice I have is not to rush. You just need to keep studying if you don't have money. that way you might get a lot of benefits. In fact, you might even find a way to earn through an airdrop or something else, and start investing in bitcoins. for information, I also started all of this with only a laptop and internet.

It's for their assurance and security that they can take back their money anytime and to see how liquid cryptocurrencies are. Well, it's liquid but we know that not all of them.

That's right, and these people are also likely the ones to observe the market with their time. Since they've got no budget yet to invest but they see what's happening in the market and this is making them having good decision and have it on their minds that if they have money soon, they know what to buy and to invest with it.

Well, you can do something about that. Find a side hustle, grind for something so that you'll have money eventually and don't have to be that big. As long as you have initiated it, that's what matters. You already have a something to begin with.

Plus crypto world is filled with opportunities which means that if you have a lot of time, and a willing character to work hard, and no money at all that makes him hungry for more work, all that equals to finding a job here. Most of the time a job here would be a lot better, it is not going to be even remotely close and it would result with an insane high levels of return without a doubt.

I think it is quite obvious that we shouldn't be really worried about an unemployed person in the crypto world because if they really work for it, they can definitely find a job. One way or another, even if it is not a "job", they can find bounties, airdrops, promotions, signature campaigns, management, and many other things as a business and could do so well.

It may work for others but not for everyone. However, I agree with this based on my personal experience. I started my Bitcoin journey even though I don't have the money to invest in Bitcoin. Instead, I invested my time learning more about Bitcoin until I discover others ways where I can earn Bitcoin or crypto tokens. I also invested my skills and knowledge to be able to work and earn tokens in return that I used in buying Bitcoin.

If you really want to enter this space, it doesn't always mean that you need money to invest so you can have your Bitcoin. Bitcoin isn't just for people who have money. If you don't have the financial capabilities, make use of the other things you have that you can offer to others. Just like what I've mentioned, if you have any skills or knowledge you can offer, use that.

The split between the haves and have-nots, and their contrasting approach towards understanding Bitcoin, is truly a paradox, isnt it?

The affluent, capable of causing ripples, seem to speed-run the crypto journey. Conversely, the less endowed devote time to comprehend, evolving into the digital era's crypto intellectuals.

But is this the norm? Or should we see this as a golden ticket to enlighten potential investors about understanding before leaping? This may be the antidote to the infamous "crypto dramas." A cocktail of capital and wisdom could turbocharge a prosperous Bitcoin economy.

It may take a lot of time to get all the necessary knowledge here, but if you need money for everyday expenses, then you won’t be able to study for a long time without paying, because you will need to eat something.

There are opportunities here too, all this also takes time, a beginner will not be able to just come here and receive at least some income. Therefore, if there is a desire to understand what and how it works here, and earn money here, then this can be achieved, although a guaranteed income as at work here may not be achieved. So at first you should have a job that will provide everything you need, and in parallel will allow you to study those areas that you are interested in, I am sure that this is the only right decision.

Or perhaps you are in high school, or you are a student on a scholarship, then you will have enough time, hopefully without compromising your studies, to achieve your goals here.

But how many of those who don't have money actually are interested in learning about it? They are trying different ways to earn some free Bitcoins also through those scam websites because they are seeing how much profits people have made through it without even caring to read about it that what's the importance of it.But yes we should patiently spend time on researching about it and acquiring more knowledge about it while saving some money to invest later on.But if you have say small amounts set aside not big one you can simply DCA with it while reading about it and gaining knowledge about your investment and make future plans accordingly.

He might struggle to do some studies regarding on what will be the effective methods he can use to earn on bitcoin. And its hard to decide if we only have few balance to spend since every trade we do is really needed to watch after because if we do simple mistake and cannot do any action then chances to lose on what we are doing with our investment especially on crypto will be in vain.

If we meet people who have greedy attitude maybe we should try to learn with them and make this as a basis so that we will not follow what he is going thru and can escape the possible consequences of this action and convert it to right decision making especially in our possible investments.

exactly! It really depends on the individual. There were some people who even learned about Bitcoin, but once they had the money, someone (maybe their friends) still convinced them to bag some Altcoins that turned into shitcoins. While there were still people who had the money to invest at the time of learning, they gave off their time to gradually learn before investing their money. We all know that every individual really has different habits, and there are rich people who will just invest without taking note of the risks involved, and by the time they see some kind of situation with their investment, they will begin to complain. In my opinion, it's better to have the money while you are learning. It's left for the person to calm down and learn so well that they don't make mistakes, but if they still make mistakes along the way, then experience will teach them.


Cheers 🥂, Dr.Bitcoin_Strange 👺👺

So at the end of the day, an investment needs money even with all the knowledge acquired.  I do not know how can one profit from Bitcoin if they don't invest in it.  And we all know that any form of investment requires money.  So we cannot just easily stated that having no money is better in any kind of investment.  I am also confused on what @OP wanted to convey on this thread.  Although I agree that knowledge is very important but how can one profit in Bitcoin if he does not spend money to invest in it.

I think that this is the hardest part - cultivating patience and discipline to keep studying about bitcoin when there is no money to invest. But there is a reward in this - the person would have been able to have a thorough understanding of bitcoin thorough studying. We should not forget that the true test comes when you actually invest, we cannot tell if the person would avoid dramas or not. That is the point where everything learned will be put into practice or tested.

OP What you need to know is that an investor will create plans to invest in bitcoin or any other altcoin for his future gains when he has money to spare. He isn't doing it because he has money, rather, he just wants to make investments to safeguard his future. Although he might end up investing in Bitcoin at a high price as a result of being impatient to do so when he wasn't supposed to. Still, yet, it is a known fact that one cannot succeed in crypto without taking the risk to invest in bitcoin, whether it is in the bull run or bearish market. So what's the point if someone gains all this knowledge and exposure about bitcoin without ever investing in it when it deems right to? Like he misses all the opportunities brought before him to invest in bitcoin at a low price.

The problem is not everyone have a tendency to be patient just learning without any practice on real run with small amount of money(demo doesn't count because your emotion and other factors don't really apply here), it used to be possible in earlier years when the price of Bitcoin was really low as low as 3 digit USD. It's more impactful to learn everything when you are in practice instead of just theory.

Based on the OP's idea that it's not very good to have money while learning Bitcoin, he also forgets to realize that there are different kinds of people in the crypto world, so he (the OP) should not just give this kind of impression to any newbies that might be reading this. ofcuse Whoever doesn't want to make a mistake should be aware that they need to learn first and become very educated about what they are Investing their money in before going ahead with it.

It all depends, in my opinion. Even though they don't have any money, many newcomers are racing to buy Bitcoin because of what they've heard. You know they are so desperate for money that instead of learning because they lack funds, they risk their funds in investing without enough information and therefore lose. To be honest, those who don't have money are more likely to lose than those who do. We can't compare investors to those who have nothing to invest in because most of them are adept at it. Investors are more likely to invest with knowledge and steady emotions because they have money to invest. Those who do not have money are more likely to invest based on emotions rather than knowledge.

Is actually true, having no money to invest on Bitcoin is most time better than having the money to invest were as you don't have enough knowledge about it and loose it later, so having no money to invest at that moment allows you to study and learn all the concept about Bitcoin and also going through google to research and meet different professionals to enhance your knowledge about investment.

After gathering all these information you will see that your mentality and perception on investment will change and you will see everything the way it alt to be. It doesn't matter who invested first but matter is the understanding and profit making.

It is true that those who have more money do not have time to learn. You need time to gain experience in any platform. People who have more money are also more busy. Different businesses, investment of money in different places and many money matters have to be settled.

 it is also true that those who do not have money only have time. Because when a person does not have money, where will his activities come from, because money keeps people busy. So he tries to learn different things and often joins all the ways to earn online.

It is a great move to learn and gain experience with Bitcoin and crypto currency platform, but I think Bitcoin investment requires a good amount of money, and a person is more interested in the platform in which he has money for investment.

I feel that opportunity to invest some time should not be missed because opportunity does not come again and when opportunity comes it has to be utilized. People who don't have money is different but those who have money can invest in Bitcoin if they want. Because if you invest with risk, this investment can change people's lives. There is no rush to invest for those who don't have money. If a person is interested in investing without money then that person should acquire adequate knowledge about investing. If he gets enough idea about investment, he can use his idea and invest in future when he has enough money to invest.

This post however reflects my view on the same topic created by obari sometimes last week like I said on the post that both knowledge and money compliments each other. You can not have knowledge and not use it wisely to create or generate money for yourself likewise you having money and not acquiring knowledge so as to aid you sustain yourself on the long run.
You see, at first, you must acquire knowledge which is the first course of life before anything else. Tell me how do you manage your wealth or any situation if you have no knowledge. So you see that in any and everything one gets engaged in in life, one must be able to have an atom of knowledge so as to scale through as the case maybe.

I can relate here, it's because also you only have time and don't have enough money for it.
That's why I am very proud of those people who start with nothing, especially in cryptocurrency, because in some cases you can have Bitcoins in many ways, like working something and earning Bitcoin, you just need time and dedication. Back in the days, I can say, it's much more easy to earn some Bitcoins.

If you don't have yet the money to invest, why not invest your time to learn for yourself right? Because once you learned Bitcoin you can actually find ways to earn it without even needing some funds. Where you can start from small cuz if you're good enough to make it huge, then you've really learned from your studies about Bitcoin. For me the best way as a student, you can do working student and those funds you could use it for investment, don't be distracted from buying all unnecessary things for you to be financially freedom in the future.

Because some person at the moment doesn't have the money to invest in bitcoin doesn't mean they are taking the period all out learning and gaining more knowledgeable tips and strategies about bitcoin as it relates to investment and trading. They could be using those period strenuously working and conceive some other channels on how to generate the needed money for the investment other than devoting such time to learn.

The necessity of the money in using it to invest could make their interest to learn and gain knowledge very slim. Like what if they learn and ends up never having the money to invest eventually. Like of what usefulness is a knowledge to a person when they don't have the wherewithall to use that knowledge on.
I think having the money already at hand could be a booster for anyone who have the hunger to learn to even spread his tentacles for a broader knowledge about bitcoin but for those who don't have the desire to learn but just want to earn, not having the money to invest is a fertile ground for excuses.

I agree with your points and it's true that sometimes in spite of having everything in a field there are some risks and challenges that we must have to face. The crypto-market is also full of such risks especially for those who are in the field of crypto trading because in crypto trading there are many altcoins that have no good use case, and those are only made for the purpose of pump and dump promotions. The traders who trade those altcoins are at very high intensity of risks because those altcoins can lose 99% value anytime, and the traders can empty up his/her capital by investing in those coins. The risks are quite high if you take part in presales of those coins because most of those coins are useless and they won't earn you anything.

Aside from risks, the crypto-market is also full of opportunities and many people who can work in this field could be financially stable within no time. Even the income that people generate from the signature campaigns and other simple tasks is quite enough to live one's life happily with minimalistic expenses. In many countries people earn very low wages for their hard work, but in the field of crypto-currencies one could earn substantial income by doing not-too-hard type of work. In any field one's knowledge is the most important factor for success, and in crypto market the same rules are valid for the ones who want to earn some money. If someone is knowledgeable about the crypto market then things could be in his/her favor, on the other hand if someone is not knowledgeable about the market then that person couldn't make a lot from crypto-market.

There are people whose attitude is that when they want there is a way and when they don't want there are many reasons. Only these two people will always fall if we have something we want to share with them.

And there's a lot of that here in the Bitcoin community, and it's true what you said that most people who don't have enough money have more time than those who have enough money here in the crypto space that we're in.

How did you conduct your study to come up with this? It would have been fair if you use "some" instead of "most" in your statement. By the way, how do you feel learning without practical? Discourage I guess.

No sane human will invest and ignore to follow up unless the money invested is not much. It makes more sense when you're learning, you should have money to invest as well in order to see the practical aspects of what you're learning else you'll find it difficult to continue learning in the long run. Your learning will be in vain if after all the efforts, you have no money to invest.

I'm not saying you should not learn if you don't have the money thou but have money to invest and learning at the same time will trigger you to learn more since you won't be happy to lose your money.

Nah. Just because those people don't show themselves around social media does not mean they don't have time. There are plenty of rich ladies and gentleman around the internet that could be reading our comments right now and they won't bother to respond to any of our replies.

It's just not everything you see around the internet is really true.

It could be just a rough observation with immediate conclusion, I suppose. It's kinda hard to conduct any crypto related study around the globe as there are surely an inactive users.

You are right, most rich people don’t have time reading about bitcoin, most of them have head about bitcoin in different places, all what they will want to do is look for someone that really understand it and they will ask the person to invest for them. Most of those rich people are having lots of physical investments which they have to manage, since they don’t know much about bitcoin, they won’t have time to start learning about bitcoin, and most of them don’t have time trading bitcoin, their investments is always a long term investment.

If you know about bitcoin, then you might meet someone rich that will want you to manage his portfolio for him and he will be paying you, you knowing about bitcoin has very great advantages because opportunity can come at any moment and you will be able to utilize it will, if you are being paid to manage portfolio, you will be able to save money from the salary which you are being paid and you will be able to establish yourself also. I was connected to a politician few months ago in my country, he told me he will get back to me whenever he is ready, and am sure he is going to pay me. So even if you don’t have money to invest, just keep on reading and it will be useful one day.

There's no such thing as too bisy to study things especially something which would generate profit. We can all make time for sure but they just choose not to. On the other hand  let's say you have the knowledge; if you don't have an amount you can afford losing, then nothing will happen for sure. Let us accept the fact that money plays a huge role in any field of investment, to have a good start. And having a money is not an excuse to not put effort on learning things. Obviously, it would be much better having both of these capabilities. But going back, people with money won't be at the edge if they will choose to go easy on what they are doing. They can pay individuals to do it for them. No requirement is there that all money should be done through hardwork. Therefore, it is a case to case basis.

You raise compelling points about the dangers posed by certain altcoins. But should we not also take into account the equally transformative potential they offer? Can the very volatility that frightens some also create opportunities for others?

When we turn to earning potential in crypto, we walk a delicate line. True, many have reaped significant rewards from simple tasks. However, isnt it overly optimistic to dismiss the effort involved as 'not-too-hard type of work'? Isnt it precisely the complex and often inscrutable nature of the crypto-market that makes it so lucrative?

Knowledge, as you rightfully point out, is crucial. But isnt adaptability just as, if not more, essential? The crypto landscape is ever-changing, demanding constant vigilance. Isnt this precisely why Bitcoin, with its revolutionary blockchain technology, continues to intrigue us and hold such promise?

This is like, even if you can't afford to buy the stuff that you need, you'll learn about it online, like finding reviews and how to maintain it so that it will not get easily destroyed. In bitcoin, it is almost the same; you are just learning first before investing in it. What's best about this is that you'll strive more, you'll learn more, and after that, you'll conclude that you'll invest more of it if you have a chance, as you are more confident that you'll earn profit on it. You are right, mostly if we do have money, we are too hasty, and we are getting blind to those other things as we are just seeing the profit.

As already stated by others, this isn't true in every case. Some people don't want to do research regardless of do they have money to invest or not yet some people will do it in both cases. For me, I haven't had much money to invest and luckily I've had a lot of time to learn more and more and I think I benefited from that. I was always finding ways to earn Bitcoin and learning how to invest so it was better for me so I could use my money smarter today. Even though I wish I had more money back when I started, I'm glad I had the experience and I guess it's never too late to invest.

Bring discussion brings back some past painful memories of mine, I started my crypto journey when I had nothing too, and I spent most of my time staring at the value of Bitcoin, yet I engage in many airdrops at the time and I claimed multiple faucets, I have many doge coin and Litecoin but I lost them.

I was able to use these coins as an experiment instead of using real money, I knew the difference between wallets when I lost my doge coin to a custodial wallet, it was a good number of Doge coin, enough to turn me into a millionaire in dollars if I had them till 2021.

Years ago, you can end up with good and bad coins engaging in airdrops if you don't have money to invest in crypto, this space is where many people started with no money and they ended up with money, thanks to airdrops and crypto mining, I mean Dogecoin was so easy to mine in 2015-2018.

I also believe that not many people would try to learn about bitcoin if they didn't have the money. Instead, they will find another job to earn money because no one wants to waste time learning something they are not sure they will use later. I used to fall into this situation, I am very passionate about investing, but when I don't have money, I will prioritize making money for the necessary things first. Investment will only be considered when we have the money available for it.

You are right, having the money already at hand will definitely help us stay motivated and arouse the desire to make more money from the money we have. From there, it motivates us to desire to learn, to find out everything necessary to bring success. When it comes to investing, money and knowledge are necessary and sufficient conditions to start, without either of them, things will go nowhere.

Well, I do not totally agree with you on this. Sometimes it true that those that have money do not like wasting time in investing, they just throw their money there before even thinking it through. And this sometimes pay off for them. They could get lucky and hit a gem early.
And also not having money can be very frustrating especially when you are very convinced that a certain token will do very well because like you said you have had the time to do your research about the project, and when it's time to take action, you don't have the money to put in, this can be very frustrating.
Moreso, you can not have money, have time and not have interest in knowing more about a project.

actually those who have no money are the type of people that would do anything to find which way is better and best to earn money even small amount of earning .
while those who  have money mostly wanted to earn quicker , and this is why they fell mostly of wrong decisioning and harder to gather those much they are looking .

That is the truth. If you have a lot of money, you won't spend much time for learning. When you don't have money but you need money and then you will give your precious time also keep a close eye on how you will earn money from it. People who have a lot of money are always reluctant to take any decisions. Due to which the possibility of wrong decisions is very high. OP has given more priority to learning than money. Earning money is not difficult if you have proper education or knowledge.

I'm not sure about that (Having no money to invest in Bitcoin is given) and I'd say No, if someone don't have money I can't see how that person would devote his or her time to read or research on something that he/she doesn't have money to invest on, you're broke and you spend all your time reading and doing research on Bitcoin knowing quite well that you can never get the cash by doing such (Reading and doing research), that's ridiculous. Why not get the money first then engage yourself in reading or learning more about Bitcoin, whenever you have the money and you have interest in investing then you're good to go.


Some people might still be interested even when they don't have money and they can let it be until they are financially stable but that doesn't mean they don't have that interest for it because there's no money. Like I said, they can use that period of going to hustle out cash to invest instead of doing what won't fetch money to do what they like doing that's reading and researching. To be sincere with you, these set of persons are very hard to see in the trading sector, they can wait till eternity, they're always patience.

This is the best community to learn about bitcoins, and to have all these fantastic users who always share some crucial information about bitcoins and cryptocurrency for free is something you don't find anywhere else on the internet. All of it is legit because if some bogus users post something inappropriate or wrong about a specific topic that is related to bitcoins, he often gets corrected or get beware of when they cast some doubts to the users. So whenever you want to learn some fundamental knowledge before deciding to invest, it's better to use the search button and continue your journey to becoming one of the investors that won't have any regret when it comes to their investment in bitcoins.

for the most part, a lot depends on the desire to gain new knowledge, and I think it’s not just about saving time. Anyone who wants to thoroughly explore something will spend enough time. Now the same YouTube is a huge library that has almost everything and you can find the answer to any question. Or even register an account here and chat with people, they will always answer a competent question here.

You’ve made a very valid observation. It’s quite true that people who have the financial resources are more eager to dive into investing and only focus on the practical aspects like making purchases and using exchanges without having a proper knowledge of what it entails, while people who do not have immediate funds at hand are more likely to spend more time in learning and understanding the Bitcoin and cryptocurrency space which is eventually beneficial to them and helps them to make informed decisions when they are eventually ready to invest. Regardless, no matter ones’ financial capacity, he or she should ensure to have an in-depth knowledge and understanding of Bitcoin and cryptocurrency before making any investments.

When an investor has money he rushes to trade on various exchanges. But it is never a good sign to rush before investing. A wise person would never be interested in investing without knowing about cryptocurrency. There are people who invest their money and try to get rich very quickly but they have no patience. Basically such people invest impatiently and later suffer losses and collapse. But those who don't have money to invest will never be impatient but be patient and take detailed education about the market. And they will invest when they get full knowledge then skill full and they have money. And such a person will never lose his money by investing but will be successful in future. So I think it's right to be patient when not having knowledge about crypto is better than not having money.

That could be wrong though. Some investors really have money and know exactly how to invest in Bitcoin, they are skilled at estimating when to invest and when to sell. Having money doesn't necessarily mean they are in a hurry to learn how to use exchanges to make purchases using fiat. They might choose to relax and learn the basics first before making their first move.

Perhaps some people may fit the the problem you said but it's not entirely accurate in all cases. People who have limited funds or no money, may have more time to learn about Bitcoin and make wise decisions when they start investing. However, it's highly relative and depends on people circumstances imho.

As far as I know, you need both of them. Learning something will give you knowledge. But only knowledge can't give you success in your life. Experience does. In order to gather experience, you need to go out and try it out yourself. You need a mindset to learn, and it will lead you to gather knowledge and then you will apply that knowledge to gain more experience.
I don't care how low that might be, but you need money. You need to go out and experiment with it. Apply all that you know and test it, compare the results, find out flaws, and fine-tune it to perfection. Knowledge is everything, but experience makes it perfect. So whenever you try to invest in Bitcoin, start small, learn the process, gain experience, then move towards the big fish.
And the statement is not always true. Those who try to invest without knowing all about it, in order to make quick money, are the fools entering the market with only money and not with knowledge and experience. Those who understand the concept of risk and risk management, will first learn everything and then enter the game. This is just how it is.

This is true for those rich people who are investing blindly, meaning they invest without sufficient knowledge that will teach them how to act the right way when investing bitcoin. However, for those who keep valuing their money, every centavo of it counts so expect that they will never invest without making intensive research at first. While losses are inevitable, at least they know how to combat them with working strategies and skills in the market.

This made me remember my early days of bitcoin and bitcointalk platform. You see, curiosity drives someone to learning and having knowledge about something which they deem fit in knowing and having interest in. Anybody with passion and zeal for something would never have an excuse as a reason for not achieving what they want to no matter the situation and circumstances surrounding them.
I think it is lousiness that makes people give excuses  and not give time to what they have interest in doing not to talk of when it has to do with generating funds.
I  always tell people around me to always have that curiosity mindset because that is the drive to learning more about anything they desire to know about in life.

This may be true and acceptable to many who lack the necessary funds to buy Bitcoin directly and choose to keep learning about the technology and its embedded concepts, and risk assessment when it comes to investing in Bitcoin,  meanwhile, those with capital ready to invest may miss some vital role and information as regards to bitcoin and even go as far as missing bitcoin with some scheme that may end up scamming them of the capital.


So to a great extent, not having money may be helpful to a newbie if they invest the time in learning about Bitcoin and how to avoid getting scammed by securing both their wallet and assets.

Wow
If I've gained nothing from bitcointalk.org, I've earned to accept the fact that just as out faces are different,  so are our thoughts and sense of reason.
I believe some other members  have told you about me creating a thread with a completely  opposite idea where I talked about having money to back up ones knowledge as having knowledge without money to invest is of no use as people with knowledge  without money to invest will definitely miss out from everything bitcoin has to offer at that point in time.

What truly is the essence of having knowledge  without having  any money to invest in the industry?
Just as a wide thought because for instance, someone who has the money with a minimal knowledge  about bitcoin and possibly  buys about 1 bitcoin at the current market price and maybe in one year to about 3 years, the price rises to an all time high of about 70k dollars which means that the investor should be making about twice of his investments and a crypto knowledge guru who has all the knowledge  but barely has any money to buy  or doesn't have any money to buy at all, wouldn't such a person miss out of all bitcoin  has to offer?

And if you're to choose which you'll  be, which will you chose to be, the investor with the basic knowledge  of buying low and selling high and a knowledge  guru who has all the knowledge  and has no money to invest?
Please I will appreciate  a sincere answer.

It's true,someone without money will have time to learn about bitcoin because he has plans towards buying someday so that he wouldn't make any mistake that will make him run at loss. On the other hand someone who has the money to invest will also learn about his investment after buying to understand more how it works. But I will say that someone who already has bitcoin and is learning at the same time will have more knowledge than someone who is only learning. Anybody who rush into a business without knowing the risks involved will end up at great loss. If you want to grow in your investment you must learn it proper so that you can be successful in it.

That's not the point, either having money or not having money changes the approach to investing. If you have none, then you would have to increase the amount of income you have and in the crypto world you can do that a lot better. I know a lot of people are not sure about it but we need to make sure that we can do something like that if we do not have the money for it.

There are tons of people who haven't really decided on anything just yet, but I believe that we could probably make a lot of profit when it comes down to bitcoin. I think expertise just brings better investment results, but even a novice could make a profit by working, increasing the income is not just by trading, you can do a lot more stuff for that as well.

Mostly, newbies who have heard things in the wrong way from people will be that way, they believe that cryptocurrency is a way to get rich quickly, and as soon as you invest your money, you will start getting profits right after it while that is not true, such kind of people will always be in a hurry to invest without learning anything about the market and cryptocurrencies and how everything works, they tend to be too eager to just buy and get profits.

But, there are also people who don't do this, even if they have their capital at hand and can invest any time, they will take their time to learn everything first before they get involved, and these are the kind of people who get success in everything they do because they value knowledge and experience.

I'm not sure about your statement. I think most people will consider investing when they have enough money to invest. And most people who don't have money don't think about investing. If you have a lot of money and are confused about where to invest your money, yes, you need an expert consultant. And is an expert consultant a penniless person? They have experience in investing, I believe an investment consultant has a lot of money. Otherwise, who would believe a poor investment consultant? That is a sign that their investment failed

So in my opinion it's not enough if your goal is to become an investor but you just sit back and read a book. Learning is not always by reading books, you work, try small investments, go bankrupt, get up again, invest again, until finally successful. It's been a long journey. No one can become a successful investor by reading a book and sitting pretty while enjoying hot tea

Not for everyone, some people believe that investment is their way out of poverty and all they do is find ways to make money so that they can invest in crypto, while some believe that there should be a another way to make money free without investing a dime, see, we all end up becoming what we believe in, some people believe that it's impossible to make money without having money for investment or business first.

Some believe it's a slower process and there is a chance you won't come out with any significant changes, even those around us tend to give advice based on their beliefs, but in the end what you believe in is what you will get.

Right now free money in crypto space only come from testnet and a few airdrops, majority of new projects don't give free tokens anymore, the last one was Arbitrum and SUI failed to do the same, so mamy disappointment will occur soon, so yea money is a bigger part to make more money in crypto now.

I think you're wrong, if I may asked what's the essence of having full knowledge of Bitcoin without investing in what you have knowledge of? I think this is what they called waste of talent, most beneficiaries of Bitcoin are the investors. A lot of friends surrounded me who had made huge amount from Bitcoin without the full knowledge of it, their main goal is to invest and make profit and they have hugely made it form Bitcoin with a little knowledge compared to me who have the deep knowledge but couldn't invest, what's my gain!

You have said it all mate. If you must go into a business, you must have a proper knowledge of what you are about going into so as to be on the safe side of not making mistakes.  Knowledge is powerful and as such one must be educated on what ever they deemed fit going into to improve their ideology.

Nevertheless, a person without money is always eager to make the money and that alone arouses their desire to seek for knowledge and that knowledge gained will aid them in making the money the longer for. So therefore, having no money triggers the desire of one to learn in other to make money and lead a good life.

This is definitely better than rushing to invest without knowledge. But my question is, newbies with no money serious and motivated to learn about bitcoin? I doubt many people will do that because when you don't have money and what you need to do is make money and not focus on something that isn't necessary at the time. As experienced investors, we will be aware of that, but as newbies, I don't think they will have that mindset.

OP this in some way makes sense the availability of money could pose as a distraction to learning first, but having no money within the first periods of knowing about bitcoin would really be helpful in making the person focus about the knowledge of bitcoin compared to when having the money available as it could lead to a divided interest of wanting to trade and invest or learning first.

 But with the absence of the money you're all geared up to learning only, particularly for those that have the luxury to learn about new things to  be able to stand out when they eventually gets to participate.

It's obvious that everyone don't have same characters so therefore theirs some people who have money to invest in bitcoin but they never be at hurry, they cool down and microscope the advantage and disadvantages of the investment before venturing into it,  while some people exhibit the exact characters you portray, I really want you to know that bitcoin requires a good time to study the system of cryptocurrency generally or bitcoin before venturing into.

learning to know about bitcoin is of course very good so that when you want to join and invest, you already know what to do. so keep trying to learn and don't need to rush to be able to invest as soon as possible without adequate provisions, so you don't get into trouble later.
but I agree with the opinion that everything will be meaningless if you don't have the money to start investing in bitcoin, because it's impossible to make money but you don't have the money to start with. The conclusion is to keep learning and also prepare money to start investing, if you're not ready, wait until you have one.

Still not entirely true, I have been in crypto space since 2017ish and I still make some investment mistakes till date, I have the money but it's another thing entirely when doing research, some vital points or information can still be missed, have you ever try to learn something and it's unclear to you for a while but after several revisiting the same pages you become to understand better? This is how cunning crypto investment can be at times, if you have the money you can do research and invest but miss some parts, if you don't, you can still always revisit for fun and things could be more clearer.

Of course, people have different characters and behaviors, but sometimes, many begin to act spontaneously and not deliberately under the influence of external factors. Recall, at least, the hype of 2017, when only the lazy didn't buy cryptocurrencies. A lot of people, including me, practically didn't study the projects, didn't delve into all the subtleties and details, which led to losses. Many projects either disappeared or never returned to those indicators. Why am I saying this? And then, that not everything is so simple and that bitcoin turned out to be not the worst solution (when compared with other cryptocurrencies) for spontaneous investments.

If mention OP's post, then it would be most correct to say the following. If you have money, then invest in btc (having learned the basics first, but in general, it has a fairly low entry threshold and doesn't require extraordinary knowledge and skills). If not, learn more about bitcoin /cryptocurrencies and when you are financially and mentally ready, then invest.

While the sentiment that people acted spontaneously during the 2017 crypto-hype is accurate, I argue that it wasnt simply a lack of knowledge that led to their losses. In fact, the issue was more fundamental: it was a failure to recognize the speculative nature of the market.

Bitcoin or any other cryptocurrency should never be seen as a shortcut to wealth, but as a tool for disrupting traditional financial systems. I agree with your advice of learning the basics before investing, yet I push it a step further. Learn not only the basics of Bitcoin but the entire philosophy of decentralization and how it challenges the existing systems.

Regarding Bitcoin being the 'safest' option for spontaneous investments, I remain skeptical. Even Bitcoin is subjected to significant price volatility and its 'safety' is subjective to the risk tolerance of the individual investor. Bitcoin is more than just a safe investment; it's a bold stand against the existing system.

I disagree.

Not all Bitcoin investors are newbies, and not all of the newbies that want to invest their money in Bitcoin are not always in the hurry, it depends on a certain person I guess. Having no money and just studying what Bitcoin truly is will just make you miss opportunities in investing, and that will become one of your regrets in the long run. So having money is an advantage, because you can invest whenever you want in cryptocurrency.

In addition to having money to invest, if you want your standing among investors to remain intact you still need a quality education on bitcoin. Since investing in Bitcoin includes several procedures, learning is a requirement for success otherwise, you risk losing a lot of money, suffering emotionally, and quitting.

Making a purchase is one of the simplest aspects of Bitcoin, which is why some people struggle to grasp its fundamentals. Sometimes, however, learning something the hard way is the best option, as trading can cause you to lose all of your assets. People are investing in Bitcoin on a daily basis, and if you look at the percentage of investors over time, it has risen and is still rising. You should introduce this to people and also encourage them to do their research.

Only a fool would actually go into an investment if he or she doesn't really understand the concept behind what he is trying to put his money into although most people are influence by others through success story that they have experience in bitcoin investment thereby making you all anxious about an investment in bitcoin and in so doing running faster than your shadow and making the investment because of the story you have heard without you making your own research which at the long might acquire nothing but loses because you don't understand the whole concept of investing in bitcoin.

I have the same opinion as you. If we learn about bitcoin but don't have the money to invest, it will cause us to miss a lot of opportunities, as well as we will quickly become bored and not motivated enough to continue. Instead of spending a lot of time learning about bitcoin with no money to invest, I would choose to find work to earn money. In any field, if we can both practice and learn the theory, we will progress very quickly. So when we have money, we have more advantages than just learning cliché theory.

Access to education is a right for everyone. How do you think learning about Bitcoin would be for you if you had no money?
To me it seems that to study Bitcoin for the future you must have money yourself or else it will be a boring one. Another thing to remember is that Bitcoin is a very volatile asset. So investing in it carries risk. Investing in it can lead to significant losses without proper understanding and financial stability. But yes if there is no financial investment fund then it makes a person more hard minded to save. If a person can save, his funds will increase and he can create opportunities to invest in bitcoins in the future. That is why the person should improve employability, acquire new skills and pursue entrepreneurial opportunities. They can explore investment opportunities in Bitcoin when they are better prepared to manage the associated risks.

For someone who has money and plans to invest in BTC, he will consider learning about it since he will put some money into BTC. I doubt that a person in his right mind will just dive to invest without knowing what BTC is. As a matter of fact, he already learned everything about BTC before investing.

Some users come from other markets as well like stocks and the forex market, they know how markets work and all they just need to learn is the industry. Sometimes, they didn't even need to learn the technology like the blockchain, all they need is the charts in order to make money.

Op!, How did you get your data to arrive at your conclusion? Did you do a general study or a random study, or did you carry out a survey?  Please I would like you to go into detail on this topic because from your explanation it means that those who have money don't learn about what they invest their money. After all, they have money, No way, and I disagree with you.

Some big men that I know are very conscious about how and what they spend their money, and they research before diving into any business, even though some of them don't have much time, but they hire professionals in that field before they do anything investment.

In view , I say that it is absolutely not necessary that you have no money and you interested to have BITCOIN, or you have some amount of capital and interested to take this opportunity. Now if this situation arises that you don't have enough knowledge about Bitcoin and blockchain technology, then you may please gain some details about the cryptos. Want to say that trading can be done in any case and if you want to do it .If you have some capital to start a traditional business, then you should think about getting involved in digital currency trading. As you join it, your interest will surely increase.

If you want to investigate and know more about bitcoin when you do not have the ability to buy it, it is more encouraged, because you would practically be starting from scratch, since first of all, you would have to know what this virtual currency is, how to obtain it without the need of legal tender money, we would inquire more about how to manage it once a considerable amount is finally possessed and the best ways to avoid losses, looking for yourself and consulting with others who will have more time in the matter...... but something very important and that could differentiate them from those investors who are only governed by the opinion of others, is that doing it this way is where the best decisions are made based on their knowledge and not so much because of the influence that someone else could generate.

  Without money everything will become more harder because in this world money is the most important thing and it is the most useful stuff and without it everything is hard, based on your statement you said having no money to invest in bitcoin is more better? for me it is not! because you can still study bitcoin in no hurry if you have money it depends on our emotions not in money even if you don't have a lot of money but you are in hurry to earn still it is not good. So for me money is important you can have a try without any hesitation if you have a lot of money.

They are in hurry to get profit by investing in bitcoin, but if those people did not make good invesment planning they will only lose their investment.


After being patient to learn bitcoin, you will still be able to meet "drama" as like what you said. The drama can be caused (one of many reasons) from volatility of the bitcoin price. it can not handle only by learning bitcoin.

^ From my own perspective of view, it is interesting to observe the different approaches of BTC investors based on their financial situations. Based also on my analysis it appears that those with available funds often seek out someone to teach them how to invest. Their initial focus typically revolves around learning how to use exchanges and making fiat purchases. These people are often in a hurry, lacking time to spare. While considering, those without immediate financial means tend to invest their time in learning and researching BTC and the crypto space online. Their lack of urgency allows them to avoid unnecessary dramas prevalent in the crypto space. Remember, not having money should not discourage you from BTC investment. In fact, it can be advantageous as it provides the opportunity to patiently acquire knowledge. When the time comes for you to invest, you will be better equipped to navigate potential pitfalls and minimize unnecessary complications.

and you are lucky if you found this forum because when you happen to check the services section, you will find out that there are so many services that are already accepting btc. and that is for you to show the skills that you have. also, you can see that even if you don't have money here, you can still earn depending on your strategies. like some bounty hunters looking to earn free coins or tokens, and then, trade with other coins. and that example will give you idea that people can also learn how to trade even without initial funds in the beginning.

Sometimes we saw this kinds of event but not all times. Many people involving in crypto currency market they investing on Bitcoin without proper knowledge. For investment and profit from this investment we need to learn about cryptocurrency market and trading instraction, Like how to creat a exchanger account and how to buy and sell and how verify exchanger account and how to withdraw. But many people are investing without thats knowledge and they are losing their fund.

Although I support your advocacy of independence and sound judgement, I think its crucial to discuss the drawbacks of such a strategy. Successful investing requires more than just knowledge, despite its importance. Additionally, one must think about their risk tolerance, market knowledge, and strategy planning - aspects that are frequently easier to understand when actual money is involved.

As admirable as it is to be independent and shun outside influence, ignoring other people's viewpoints may lead to missed opportunities and a lack of various viewpoints. A social game as much as an individual one, investing, including Bitcoin, is. Collaboration and the sharing of knowledge may prove to be equally valuable to survival in this enormous information sea as individual insight.

How come it is better to have no money to invest in Bitcoin?  I mean, you need money to invest in bitcoin. I get what you are trying to say. That if you have no money, at least you will try to learn about crypto currencies and the market, but lets be honest over here. If you never actually invest in crypto currencies, you won't really be learning anything. Reading from lots of books, articles, watching videos and trading on demo platform might help you a little, but as long as you don't get real experience, you haven't really learnt much.

yes, that's the case and indeed investing in btc is not an easy matter because as we know btc has a fluctuating nature so for btc investors of course they must be able to set a strategy and must be able to manage it well, so if  abilities are mature then we will definitely invest wisely the correct way is like using idle money to invest in btc.

I think he's pointing that if you don't have the funds yet to invest literally in Bitcoin why not invest to yourself first? Like gain some knowledge first and study some techniques where you can search up online since were in the era of the internet. Because let's be honest some newbie would impulsively invest even not knowing the basic knowledge about in this industry so they would jump into conclusions. But still if you don't invest in the real thing to Bitcoin, you wouldn't even assess if your knowledge you've been studied are have been applied. Knowledge and experience should be together for you to easily manage your funds in crypto.

Yes we often see such cases but if someone invests without understanding then he will do big stupidity. I think before investing we need to think carefully before investing. We need to take a look before investing in Bitcoin and other coins.  If so, we can get into a lot of problems. In such problems, we need to take some time and then invest.


Investing in Bitcoin has many advantages. If someone invests in Bitcoin, it can be very profitable for him if he can wait for some time.  Investing in Bitcoin has less chance of losing money. That's why I always prefer to invest in Bitcoin.

Even though we have a lot of money and want to invest in the crypto world, we must first learn how bitcoin performs and what we should avoid because in the crypto world there is a lot of drama that occurs if we are not careful then we will definitely feel losses, and if we want to explore the crypto world then there are many ways to get bitcoin for free, So every thing we do must have knowledge so that we know how to avoid fraud in investing.

It may seem peculiar, but this phase is truly tangible, and I have personally experienced it. Around the year 2014 or 2015, prior to my acquaintance with Bitcoin. There was a time when I found myself unable to make decisions, yet I had an insatiable appetite for learning. When I had sufficient resources to take action, I pursued them wholeheartedly.

I have gone through this phase several times, and the success rate of such endeavors stands at approximately 30%. Out of three different business attempts, I discovered that one of them aligned with my plans and achieved success.

In the realm of Bitcoin, perhaps this phase could be applicable when I am truly strapped for cash. Taking a more measured approach might be the most suitable step towards achieving success.

I won't say having no money to invest in Bitcoin is better but I agree it has its advantages.
I would prefer to have money and make mistakes the learn form my mistakes. If you don't have money to invest, you might just keep beating yourself up every time because of the opportunities you're missing out on.

Although you won't make the kind of mistakes a newbie will make, learning before having money to invest doesn't always guarantee that you you won't make losses.

I think those might be called also weak hands. If you have money and you don't even DYOR, that is a recipit for disaster in short time! But guess what? If you're doing that other than with Bitcoin, even if you DYOR you'll end up losing your money. Shitcoins have that tendency. The tendency of scams, rug pulls and devaluation! So, don't expect to be rich with shitcoins and without the DYOR.

First of all, you must try to know a lot of information and have enough money to invest Bitcoin. Because in order to make profit from Bitcoin trading, you must invest.
And secondly, if you don't have enough money for invest, then you will develop a saving mindset. You must work hard to invest and start saving money. Which will give you a good chance in future.

The way human faces are different so are our mind and ways of reasoning. I have come across different kind of people which I have exchanged words with regarding investment decision and all of that, the few people which I have met where never in a hurry to push in their money. It took them time, all few of them was after first was how to make it through the system, what are the do and the don'ts, and how to be safe, and I believe they were all in the right track for thinking about safety first.

It's only those who I think have lot of money which the little they want to invest into Bitcoin will mean little to nothing to them that I think will not think much about what the result might be or it might be as a result of being misinformed from where ever they got their information regarding the investment from, that's what will give them the zee to always be in a hurry to invest because they have conceive in their mind that what's in after investment is huge profit.

This is what OP is telling.

When you're done with the research and you're ready to buy bitcoin because you've got the money, good job on that because you're able to save so that you can invest.

That's the mindset of many rich people, they save to invest not save to save. If you do understand that, there's a meaning within those words and many got it wrong when they save.

When I’ve started exploring Bitcoin, I do not have money to invest. I was broke for most of 2017.

I’ve earned it in my very first gig here on Bitcointalk by applying to be a writer of an esports blog where they pay me via Bitcoin.

It’s a short-term project but at least they did pay me well. Then the rest is history when I’ve started exploring airdrops and bounties in the glory days of 2017.

People who do not have the first money,  to learn in advance  how to get Bitcoin for free then just learn how to trade and get a profit from the free. This is what I did the first time I got to know Bitcoin
But if you say that investors are in a hurry, it is not true that an investor must have understood what they will invest only by reading a little bitcoin synopsis they will be sure of their future so that during the Halving period they have gained 1000x profit from their initial capital

Gone are the days when you can have free bitcoins through facets and signature campaigns. Now you must buy it to accumulate considerable amount.

Soon Bitcoin will reach new hights and only few of us will have it.
Investment is the best way to own this precious coin else you will be left out of this exclusive community.

Haveing said that, yes it is never a good idea to jump on to any investment in hurry. Always do your own research before getting into any coin.

Perhaps, learning is expensive and we need money to do that. A reason why rich people become richer is because they are not afraid to take risks even if they will spend more money just to get information or ideas. Unlike those who have no money, let us say that they have a good level of knowledge and skill but because they don't have money to start making a business, they remain poor.
Therefore, we can say that money is very important and this is a tool that would help us to grow our finances as we can afford to invest if we want to.

Agreed. Been in both situations and I must say the time and freedom from pressure that comes from not having any money to invest is something that will really help you. I mean you could do the same thing even though you have the money to invest with but when you don't you're forced to do something with your time which in this case is to learn the craft first and foremost before jumping in. Still, when it comes to investing I'd choose having money over nothing cause the opportunities are better, and if I do say so myself rushing in headlong especially in a historically valuable asset like bitcoin who appreciates in value over time is something that isn't really stupid in the grand scheme of things. Provided that you hold as long as you can that is.

If we have no money to invest in Bitcoin it is indeed it has its advantage and that is we won't suffer any losses but at the same time has its disadvantage because we won't be able to take advantage of the opportunity on having a profit through Bitcoin investment.



I'd rather prefer to learn from the mistakes of others.  It is hard in having a first-hand experience of investment losses since it involves us losing our capitals due to mistakes of our judgement that resulted in a wrong decision while being on the person learning from the mistakes of others enable us to avoid certain decisions that lead them to losses.

And those fools are called newbies, those newbies that don't understand things properly but only have followed a few influencers on different social media platforms and always listen to their videos and read their posts and tweets and believe that they are the godfathers or investments and whatever they say is so magical and true and it is very easy to earn money through cryptocurrencies, so they go ahead and make investments without proper understanding.

I'm sorry if a newbie is reading my post but it's a fact, you guys really need to stop doing that and start doing your own research before making an investment instead of making the investment first and then running into a public forum and posting to ask if it is worth investing in a certain coin.

Forming a mindset can make it easier for you to achieve success, those who don't have money will build a strong foundation by learning something that can lead them in a better direction. Every day they always have careful planning to be successful as a Bitcoin Investor, an openness to continue to hone their skills all the time in order to become a reliable investor when they have some money.

Those who want to learn about how to invest in Bitcoin even without capital have big dreams in life, when they have money, they can immediately take advantage of the knowledge they have learned so far. In investing in Bitcoin, don't always prioritize money and then just learn how to invest, we might be ready to invest here because we have absorbed a lot of knowledge shared in the Forum.
Then what about those outside the forum who only study Bitcoin from other sites and then their steps stop due to the limited money they have, of course it takes time to invest when they already have money.

That's the major challenges Bitcoin investors are facing, mostly the new once that came into the system new, which I was a victim, on investing of Bitcoin before the last Bitcoin bull run started, I bought some fraction of Bitcoin worth of $1500, which 1Bitcoin worth about $4000 and I was happy when a friend introduce me and I bought a little part, and not up to eight months later, 1BTC went up to $28,000 which my portfolio has added profits and that makes me to sell off at that period and I was very happy good return investment profits, which after I sold out, price Keep moving up to $50,000, It was amazing to me, because I still happy for the fact that I invest in the right time and make profits. Hence another opportunity has been open to invest Bitcoin, while waiting for next Bull Run.

In every business I believe what's required of the person who want to start the business is first to know what he wants to go into and the next is to learn how it works. It's when the person have fully understand the process that's when they can move ahead in thinking about how to start and how to perfect the business.

So even if one have money, it does not stop them from acquiring the knowledge first before they can make a move to invest it on Bitcoin, everything is all base on ones personal believe and how they want their things done. They can follow the due process and learn about Bitcoin, or they can just buy and hold and become a holder which I see nothing wrong in becoming a holder.

Research will only happen to them when they got scam by those influencers they follow since they don't want that scamming incident happen again to them. We can't blame them to undergo on that process since not everyone have easy access of information and most of them have zero knowledge on what they are entering. Maybe on other hand their experience against those influencers help them to became vigilant and also have critical thinking on next investment they want to enter.

Actually but some people need more explanation even if they make a research about it, so they can invest their money, everyone wants profit, they want to invest before the price go up, so I didn't see anything wrong with it, some people need to have money before making a research, without money they won't force themselves to learn well, because most people focus on what they have, The cryptocurrency market has its own phases and factors that affect it.Some people have money initially, before learning about it and investing your hard-earned money, so they don't lose money when investing.

I don't find it right to associate research with the availability of money. So I agree with what you said. It is not right to talk about this situation by separating those who have money and those who do not. The key here is self-development. Gathering and researching information is not difficult. Those with or without money.

It's not fair to talk about whether people with money are far from researching or are incapable of doing it. After all, not everyone who doesn't have money is not a researcher.

When you say "you must have enough money" I ask how much is enough to invest in Bitcoin? Is there any specific amount of money to start investing in Bitcoin?
Well to me as long as you're financially stable you can, no matter how small the amount is you can start investing in Bitcoin, you mustn't have that same amount of money your neighbor have or even more before you can start.
Before you even think of investing you must have gotten the necessary details and you must know your in and out of the market, can't just rush into something you know nothing about, if you have the mindset of getting rich immediately then I think you're in for a constant loss.

Beyond that, most people who invest in Bitcoin actually earned it from working in the same space. Now, if the Bitcoin space availed you the opportunity to work and earn from it then you'd have no complaints as to investing in it cos the funds came through it. Its going to be a confident decision for you as an investor and everyone wants to increase the amount of Bitcoin they hold, why won't you love to do the same

 Having no money to invest is not actually an obstacle not to pursue and be successful on your bitcoin investment. But without knowledge and well understanding on your investment is a great barrier indeed. Even if you have the money and you use it to your advantage, that won't be enough guarantee that you will be successful on bitcoin as you need long preparation in acquiring knowledge and making you exposed on the real scenario of how bitcoin investment works.

However, not all those who have money are actually clueless about bitcoin. Some are really smarter as they are as they have studied well about bitcoin already before they decide to take the risk and risk their money despite how unpredictable bitcoin investment is. But I agree on the part that those who have no money will exert a lot of effort to study the investment first before they will decide to look for money to invest. Hard work and patience will always paid off in the end.

Only that, not having the funds to take up Bitcoin investment could count for a lot of wasted opportunities. Opportunities that you might as well be quite aware of and yet you watch it slide right by you because of the lack of funds.
What could be more agonizing than being in such predicament.
I could tell you that, there are those who are buying as well as learning, that’s the better position to be, you wouldn’t always win neither is failure always your end result. You win some, you lose some. It’s the way of business and investments.

Some people out there just never see themselves to have enough funds to invest with but in the real sense, they can actually strive with what they have. More often, they never do.
Don’t be in a haste and neither should you fail yo take opportunities if you could manage it.

The knowledge is necessary to acquire when we are interested in the currency but the knowledge won’t be complete without us having the currency to practice how it through work, buying and holding the currency is what will make the knowledge complete. I agree that no knowledge is lost but we still can’t completely ignore the fact that we need money to buy and hold those bitcoin.

Let’s take for instance those who do electrical studies in school and all they do is the theory part without going to field to make some field work and practicalize what they have learned how will they be sure that what was taught during practical is true? This is just the same way I also view bitcoin owning it can give us that first person experience not just relaying on what was gotten from reading through articles and post about how it works but we can tell base on what we discover.

Obviously, it's not even better. The best scenario is where the investor has money to invest, and I think we can't fight that logic... However, to not have money to invest doesn't mean the end of the line for the potential investor, as he can start step by step learning about Bitcoin and saving small amounts of money to buy little portions of Bitcoin every month or week. The impact will never be the same from an investor who already has hundreds or thousands of dollars since the beginning of his BTC journey, but he can also reach somewhere in the future, if he is a persistent and obstinate investor thinking on long term goals.

That is the case of many members of this forum who started from zero, without any investments, and even though they didn't become millionaires, Bitcoin made total difference on their lives for the better.

Maybe it's because he thinks differently from other people about it, so he doesn't want to do the same thing as many people do when it comes to investing in Bitcoin through their own income from the crypto space. In fact, differences in thinking will give birth to unique things in society because everyone can make research and comparisons when they want to do the same thing in a job that can generate sufficient profits. And I'm not surprised that someone doesn't want to do the same in the investment sector even if it's Bitcoin.

In my experience, I earn Bitcoin without spending any money, but I earn it through the effort I make by staying here on the forum and participating in other opportunities that I can have with cryptocurrency.

This is just an example of how I am involved in a signature campaign where we are paid through Bitcoin. But I need to work for it so that I can be paid with Bitcoin. Therefore, I am paying my bitcoin via doing the task required for me to be able to qualify for payment in Bitcoin, just simple as that.

i agree mate

lets take today for example, imagine knowing that halving is gonna take place soon yet you sit and watch an opportunity pass right before your eyes because you have no money to invest
some people learn about cryptocurrency but don’t really have the capacity to invest this is far from better than having money it’s devastating and could be frustrating

let’s not take the bare minimum and make it look good the best way is still to have money AND knowledge

If you think that way then it may be a wasted opporutniy, yes. But would you dare borrow money just for the sake of “not missing the opportunity”? While you are still saving money that youll invest in bitcoin, think of it as a goal. Anytime is the best time you invest in bitcoin. When you get the money you can afford the lose which is also the money youll invest in bitcoin it will then be a job well done!

I believe it's not that people with no money lack the time to learn and research. Most of them have to dedicate their time to earning a living. Surely, their daily working hours are likely to be longer than those with more money, and when they do have free time, they might spend it on entertainment or rest. They don't have many choices. So, I think the effort to spend time learning or researching depends more on the individual's willpower and determination than on whether they have little or a lot of money.
I've noticed that this market is the only one so far that provides a lot of opportunities for people with little or no money to earn their initial capital and even transform their lives. I've seen many people change their lives through airdrops or participating in activities like testnets and retroactive events. With the initial funds they earn from these activities, they invest and can potentially alter their financial positions.

I would want to do the same but when I don't have as much as you have to start with do you expect me to wait till I get to the amount you have before I start investing? No, to me is best to start with the little you have then with time you'd get to that amount of Bitcoin you talking about.
I know if you go big while investing your profit would speak more for you and going with little money would do the same, so is one step at a time to get to a greater hight, use what you have to start your Bitcoin investment.

Bitcoin provides a lot of opportunities even without investing or using capital to earn, for example, by joining signature campaigns, faucets, etc. The only limit is your patience and dedication to earn. Those ways of earning don't require capital, but they will require a lot of effort and patience to earn. But if you want bigger earnings, then it is not the wrong choice to invest in bitcoin. There are also a lot of ways to earn bitcoin. I only started earning bitcoin even without a capital; I started from faucets and mining, and then after I discovered other ways to earn, I studied those fields and still keep on learning. Right now, I do campaigns, which require effort, but it is worth it, and I still follow my routines. It's a bit exhausting, but it is worthy and rewarding, so I don't regret anything at all about investing time and effort in bitcoin.

wrong , the first thing they wanna learn is how to create a wallet in which they will
store their coins before finding exchange where they can buy precious bitcoin and the next is how to use exchange to trade.

this forum is the sanctuary of those who has no capital , because this forum offers lot
of opportunity to earn and gain Bitcoin or altcoin to be converted into Bitcoin . best to learn those first before dealing with expenses.
the longer we wait is the shorter we may earn, so best to have money while learning because
at least your investment is moving having time to learn .,remember bitcoin is better for long term holding .

Some people make bitcoin work for them and give more income trough investment way, first investing in bitcoin trough earned it from working than make bitcoin will work for them by giving profitable. Its looks unique when have investment become our passive income in the future and we don't have to work all our life and give opportunity for bitcoin working for us. I would like to do this step keep accumulate and investing in bitcoin every have opportunity will be my income assets in the future when retired from working.

Can't guarantee have all life should work and make bitcoin become our way to give passive income, now or never if want to earn more benefit and passive income in bitcoin by investing our fund for benefit in the future.

What you say makes sense, those who don't have money will spend time doing other things to earn money, and having free time to study is not easy.  unless those who are still dependent on their parents and family will have enough time to learn about the market.
I was once in that situation, when I was a worker, every day I had to work more than 16 hours, where did I find the time to research the market?

This is true, but to be able to make money from this market through airdrop, testnet, retroactive...you have to spend a lot of time on it.  it's not easy to change your life and generate income from those airdrop tasks.

It is always advised to learn about something, in this case Bitcoin, before investing money on it... But fomo is quite dangereous and try to get in quickly and so on... even getting into shitcoins. It is quite common, but you are right OP, learning is the best path

You speak the truth mate. I always had similar feelings in the initial days when I had just started with Bitcoin and I was like possessed by the fact that I had no money to get started with it. Literally, the first satoshi that came to my wallet was from the signature campaign itself. Till then everything was all about reading the stuff online and getting motivated. Then with lots of working, some passion, and motivation, I started my own mining rig back in 2017-18. That was an indirect investment in bitcoin since I had purchased the hardware locally. Started mining and then started receiving ETH for the first time. I was not interested din alts so I used to immediately convert everything in Bitcoin. Then I bought the nano ledger, and started saving Bitcoin in it for long-term holding as I started to understand the benefits of same.

But one thing is sure, if there was someone with me in the race who had money then they might have been worried about their investments. They might have had hundreds of questions about its legibility since they were going to put their real money into it with high risk of loosing. But in my case I knew what I was doing. SO yeah it does make lot of difference for sure.

Yes, missing out on Bitcoin investments due to finances is hard to accept. Watching opportunities pass by may be excruciating, especially when you know what you're missing. Its typical to feel the pain of missed opportunities and inadequate resources. However, investing requires more than money. Strategy, risk tolerance, and time matter. Financial knowledge and market dynamics can be the finest investment. Managing funds and knowing when to leap is a balance.

The belief that one never has enough to invest is often mental rather than financial. Start small, study often, and build your investment with knowledge. Choosing patience and persistence over haste often pays dividends. You correctly stated, "You win some, you lose some." The essence of investing. The tricky balance is being cautious without letting fear stop you.