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Author Topic: Can a newbie make investment before learning?  (Read 578 times)
Churchillvv
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May 17, 2024, 09:30:10 PM
 #81

As on my own opinion alot of newbies have fallen in to hand of scammers because of their insufficient knowledge about Bitcoin so therefore it take a high risk to make an investment when you yet to understand the Bitcoin investment to avoid been scammed of your hard earnings
Take your time learn and implement before you inter market or make any investment as a newbie
Let's not make the line between investment and knowledge too extensive. One can invest with out proper knowledge of what he or she is investing on and one can still have a proper knowledge yet not invest. It's vise visa.

If you have the capital why not invest and long the line of your investment you are learning already. Some people invested in bitcoin with out a proper knowledge all the knowledge was how to buy bitcoin in an exchange along the line of having bitcoin somewhere they got interested in knowing how to maximise the opportunity they had which is the learning we are talking about hence the knowledge is in the process of purchasing.

Some benefits of knowledge about bitcoin or having a proper knowledge of it is just be sharing your knowledge or teaching people about it for payment, just as we that participate in a campaign we are examples of people who benefit from having bitcoin knowledge before investing in it though I'm not generalizing this statements because some invested before finding the forum.


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May 17, 2024, 10:25:17 PM
 #82

I will not going to suggest any newbie to invest in crypto before learning because cryptocurrency trading is high risky, you can loss you all fund if you invest with out proper knowledge.
While I am going to suggest them to invest in Bitcoin only if they want to start. But it doesn't mean that they need not to invest to learning first. Every investor should be wise and that's what I am going to tell them to do. They need to DYOR.

Even it is with Bitcoin, they need to understand how it goes and how the market works for everyone. If they proceed to trading without that much understanding and idea of how the market works, they're just burning their money easily.

Because even then if you want to invest on bitcoin long-term you have know at least the basic about it .
I agree and I hope they understand it very well.
Investing in bitcoin is not actually risky. It only gets risky if you see it as a get rich quick tool. However, of course basic learning is vital so you can avoid too much losses while starting, and I think that’s not hard at all. Just merely reading and understanding what you have read can also already provide you valuable insights. Just never stop learning and finding out the reasons why you lose consistently, that way you will master your investment in due time.

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May 17, 2024, 10:26:21 PM
 #83


Take your time learn and implement before you inter market or make any investment as a newbie
Yes, that’s very correct, but you as a newbie, can you stay to learn while other people are using shitcoins to make money?
Money is basically the main reason why newbies invest in cryptocurrency, they are mostly eager to make money that’s why they are not considering learning first. The normal procedure is learn first before investing in Bitcoin or any coin for your choice.

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May 17, 2024, 10:50:43 PM
 #84

There are many views and advices about this with usually we need to understand things before having any investment because this is best for the investment and investor with investing in bitcoin is never been risky as we all know but using any tool or trick for having quick profit can create problems for the user so just try to avoid things like these and first try to learn all then having investment in these things are much better and profitable for all with just keep one thing in mind if you are going to do anything try to have all knowledge and updates about this because if you will be lost your money it's not easy to recover this which can ruin your life as well.

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May 17, 2024, 10:54:06 PM
 #85


Take your time learn and implement before you inter market or make any investment as a newbie
Yes, that’s very correct, but you as a newbie, can you stay to learn while other people are using shitcoins to make money?
Money is basically the main reason why newbies invest in cryptocurrency, they are mostly eager to make money that’s why they are not considering learning first. The normal procedure is learn first before investing in Bitcoin or any coin for your choice.
But we all know not all newbies follow this but resort into taking short cuts to gain quick earnings. The reason why a lot of newbies end up losing and quitting because their capital were used up already before they have gained substantial learning in bitcoin. Hopefully, this could serve a lesson to everyone that it’s not possible to chase quick profits when you don’t even know the nature of your investment first.

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May 18, 2024, 04:39:23 AM
 #86

As on my own opinion alot of newbies have fallen in to hand of scammers because of their insufficient knowledge about Bitcoin so therefore it take a high risk to make an investment when you yet to understand the Bitcoin investment to avoid been scammed of your hard earnings
Take your time learn and implement before you inter market or make any investment as a newbie
I will not going to suggest any newbie to invest in crypto before learning because cryptocurrency trading is high risky, you can loss you all fund if you invest with out proper knowledge. Because even then if you want to invest on bitcoin long-term you have know at least the basic about it .
I completely agree with that.

Even if someone knows that Bitcoin is a great investment asset and most people who invest in it for the long-term tend to gain profit from it, it is still important for them to do their research and understand the basics of how things work around it and what steps they are supposed to take before or after investing in it.

Knowledge gives a person more power to conquer things they might not be able to conquer without it, so it's better if our focus stays on gaining as much knowledge as possible before we get into anything, and when we talk about financial markets, it becomes a necessity for us to have a lot of knowledge about the market and the assets in it.

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May 18, 2024, 07:01:45 AM
 #87

As on my own opinion alot of newbies have fallen in to hand of scammers because of their insufficient knowledge about Bitcoin so therefore it take a high risk to make an investment when you yet to understand the Bitcoin investment to avoid been scammed of your hard earnings
Take your time learn and implement before you inter market or make any investment as a newbie
I will not going to suggest any newbie to invest in crypto before learning because cryptocurrency trading is high risky, you can loss you all fund if you invest with out proper knowledge. Because even then if you want to invest on bitcoin long-term you have know at least the basic about it .
I completely agree with that.

Even if someone knows that Bitcoin is a great investment asset and most people who invest in it for the long-term tend to gain profit from it, it is still important for them to do their research and understand the basics of how things work around it and what steps they are supposed to take before or after investing in it.

Knowledge gives a person more power to conquer things they might not be able to conquer without it, so it's better if our focus stays on gaining as much knowledge as possible before we get into anything, and when we talk about financial markets, it becomes a necessity for us to have a lot of knowledge about the market and the assets in it.

You're absolutely right knowledge is required in all aspects of life, if you don't have knowledge there's no way you're going to carry out your investment plans, because you don't know how the market work's. However is always good to acquire enough knowledge before looking into crypto investment, because in this crypto space enough knowledge is required mostly when it has to do with meme and altcoins investment, you need to understand how the market works before looking out to invest in this coins.

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