Buy Bitcoin, and HODL!

[ultrloa]

Waiting is not an investment strategy... whether your starting goal (ideas) is 1 bitcoin or some other amount...
Hmm, I get the point now.

Even without any knowledge, one can still start investing in Bitcoin and in the process of investing one can learn.

Exactly  now you get the point.... it will be very stupid to wait and learn when the price of What you're learning keeps appreciating day by day.
Once you're determined  then the investment should started ASAP without any further delay and the best strategy beginners could use without even knowing anything about bitcoin  is the DCA strategy , its  simple and straightforward ...
Besides, learning to me is a continuous  process which might even take forever so waiting  to learn before investing when you think you know it all ( that person must be a clown) is so dumb, although as a beginner  you need to know some basics like choosing a wallet and keeping it keys safe( that can be learnt in just a day), he/she will be holding  there's  no need for getting too much In learning about the technicals as a beginner although understanding how transaction works while you invest could be a great idea so you won't get your self stucked up with alot of inputs on the long run, focusing  on your DCA strategy will be the greatest advice for beginners  too even when they already learn other strategies, a time will come when there will be a need for other strategies which is definitely not at the beginning of ones investment  .

Sometimes too much in strategy will make beginners confused in carrying out their investments. I believe beginners need a basic foundation to carry out their strategic planning better and achieve the targets they want. The big difference may be in terms of knowledge about Bitcoin, which means beginners may need an approach to see the big cycles that Bitcoin has gone through. Yes, basically beginners can start with the DCA Strategy if they are not able to think about the distribution of funds for several other strategy practices.

Even though investment success is triggered by individual self-confidence, in Bitcoin investment you must be able to know more about Bitcoin and why you are interested in buying and holding it. Sometimes people out there are still quite unfamiliar with Bitcoin and they don't understand enough and this is where an approach is needed for those who are really beginners in investing in Bitcoin.

In essence, we are in the modern era and Bitcoin has the advantage of being a very promising investment for old age. Apart from that, the price of Bitcoin is very fluctuating and use it cold money that is ready to lose. I mean you don't have to worry if the price drops very deeply because you really don't need the money you invest in Bitcoin for other purposes in your life.

They will only get confused if they don't fully understand what they are trying to learn. But if they could able to have focus on certain things that need to take care first like learning on how to execute well the DCA method then after they learn that they jump on technical aspects on bitcoin movement then for sure everything will be aligned according to the efforts and planned they do.

If they don't fully understand bitcoin and how it move due to market volatility then maybe they should not jump on the idea that its time for them to invest since they are so very raw and they need to learn more first since they have huge chance to get affected for certain unexpected movement which it can affect their decision making.

Bitcoin is really promising and there's no other coin that offer the same which also we can rely on that's why its better for people to understand first the methods they want to use so there will be no problem will happen in long run of their investment.

[Kliss]

Waiting is not an investment strategy... whether your starting goal (ideas) is 1 bitcoin or some other amount...
Hmm, I get the point now.

Even without any knowledge, one can still start investing in Bitcoin and in the process of investing one can learn.

Exactly  now you get the point.... it will be very stupid to wait and learn when the price of What you're learning keeps appreciating day by day.
Once you're determined  then the investment should started ASAP without any further delay and the best strategy beginners could use without even knowing anything about bitcoin  is the DCA strategy , its  simple and straightforward ...
Besides, learning to me is a continuous  process which might even take forever so waiting  to learn before investing when you think you know it all ( that person must be a clown) is so dumb, although as a beginner  you need to know some basics like choosing a wallet and keeping it keys safe( that can be learnt in just a day), he/she will be holding  there's  no need for getting too much In learning about the technicals as a beginner although understanding how transaction works while you invest could be a great idea so you won't get your self stucked up with alot of inputs on the long run, focusing  on your DCA strategy will be the greatest advice for beginners  too even when they already learn other strategies, a time will come when there will be a need for other strategies which is definitely not at the beginning of ones investment  .

Sometimes too much in strategy will make beginners confused in carrying out their investments. I believe beginners need a basic foundation to carry out their strategic planning better and achieve the targets they want. The big difference may be in terms of knowledge about Bitcoin, which means beginners may need an approach to see the big cycles that Bitcoin has gone through. Yes, basically beginners can start with the DCA Strategy if they are not able to think about the distribution of funds for several other strategy practices.

Even though investment success is triggered by individual self-confidence, in Bitcoin investment you must be able to know more about Bitcoin and why you are interested in buying and holding it. Sometimes people out there are still quite unfamiliar with Bitcoin and they don't understand enough and this is where an approach is needed for those who are really beginners in investing in Bitcoin.

In essence, we are in the modern era and Bitcoin has the advantage of being a very promising investment for old age. Apart from that, the price of Bitcoin is very fluctuating and use it cold money that is ready to lose. I mean you don't have to worry if the price drops very deeply because you really don't need the money you invest in Bitcoin for other purposes in your life.

Even though many large companies continue to buy Bitcoin, I think there are still many people who don't understand Bitcoin. Maybe because they miss out on information because they live in remote areas or have difficulty accessing the internet. Yes, for those of us who have bought on dips, keep the Bitcoin we have for the long term.

Beginners might get overwhelmed if they try too many strategies for Bitcoin investments. It's crucial for beginners to establish a strong foundation and grasp the fundamental principles for better strategic planning. Understanding the significant cycles that Bitcoin has undergone can make a significant difference for beginners. Starting with the DCA Strategy can be beneficial for beginners who may struggle with allocating their funds among various strategies. Confidence plays a significant role in investment success but in Bitcoin investment it's essential to have a good understanding of Bitcoin and the reasons for your interest in buying and holding it. Some individuals are still unfamiliar with Bitcoin and may require guidance especially beginners looking to invest in Bitcoin. In this modern era, Bitcoin presents itself as a promising investment, especially for old age. The price of Bitcoin can be highly volatile, so it's essential to only invest money that you can afford to lose. If the price experiences a significant drop, there is no need to worry if the invested funds are not crucial for other aspects of your life.

While many prominent companies are still acquiring Bitcoin there are still many individuals who may not fully comprehend Bitcoin potentially due to living in remote areas or facing challenges in accessing the internet. For those of us who have purchased Bitcoin during price dips or using DCA strategy, it's wise to hold onto our Bitcoin for the long term.

[Tmoonz]

"Buying the dip and HODLing Bitcoins" is a popular strategy, but with inherent challenges. The difficulty lies in identifying the right dip – a temporary price drop before a rebound. While technical analysis can offer clues, the cryptocurrency market's volatility makes perfect timing nearly impossible. However, consistently buying smaller amounts (dollar-cost averaging) can smooth out price fluctuations. Additionally, Bitcoin's limited supply and potential as a borderless digital asset make it attractive as an inflation hedge. While its price swings can be dramatic, some believe its long-term trajectory could outpace inflation, offering a potential store of value. So keep buying Bitcoins and HODL as long as you possibly can!

I really don't think it is logical or a good strategy timing the market, reason being that as an investor your primary concern Should be how much BTC you can accumulate or you have accumulated and be able to hodl for a longer period of time. Because timing the market will really be a total waste of time because Bitcoin is a volatile asset anything can happen, so you can enjoy with those that was accumulating more Bitcoin without timing the market when Bitcoin start doing wonders, so accumulating more Bitcoin now is the best strategy and also the right time to buy and to accumulate more Bitcoin using the DCA strategy regardless of the present price because the the amount of Bitcoin you have will determine how profitable you will be and also remember to hodl your Bitcoin for a longer time.

@zacks5000, you don't seem to understand the logic of that bolded sentence from what @speedbitcoinwallet was saying, his emphasis was more of asserting that due to volatility timing the market can be very impossible that although technical analysis can give a clue and he goes further to talk about consistent buying through the dca strategy in other to mitigates the price fluctuations over a long time of offering a potential store of value.

@zacks5000 I think you have gat what speedbitcoinwallet all wrong.

Waiting is not an investment strategy... whether your starting goal (ideas) is 1 bitcoin or some other amount...
Hmm, I get the point now.

Even without any knowledge, one can still start investing in Bitcoin and in the process of investing one can learn.

Exactly  now you get the point.... it will be very stupid to wait and learn when the price of What you're learning keeps appreciating day by day.
Once you're determined  then the investment should started ASAP without any further delay and the best strategy beginners could use without even knowing anything about bitcoin  is the DCA strategy , its  simple and straightforward ...
Besides, learning to me is a continuous  process which might even take forever so waiting  to learn before investing when you think you know it all ( that person must be a clown) is so dumb, although as a beginner  you need to know some basics like choosing a wallet and keeping it keys safe( that can be learnt in just a day), he/she will be holding  there's  no need for getting too much In learning about the technicals as a beginner although understanding how transaction works while you invest could be a great idea so you won't get your self stucked up with alot of inputs on the long run, focusing  on your DCA strategy will be the greatest advice for beginners  too even when they already learn other strategies, a time will come when there will be a need for other strategies which is definitely not at the beginning of ones investment  .

I don't think that really makes too sense, having a basic knowledge is far different from not having any knowledge  and that sounds too awkward hence, acquiring a basic knowledge is what is required of before investmenting with hope of learning more on your way up, of which certain considerations or factor are very viable as to that regards which includes:

1. Your income flow (understand your the level of your disposable income)  after taken care of your personal needs to a provitional emergency funds

2. Your risk tolerance level

3. Methods of buying (lump sum or dca)

There are basic knowledge one should get before venturing into any form of business or investment, it is going to be a disaster entering into any investment without any basic knowledge.

[Hewlet]

They will only get confused if they don't fully understand what they are trying to learn. But if they could able to have focus on certain things that need to take care first like learning on how to execute well the DCA method then after they learn that they jump on technical aspects on bitcoin movement then for sure everything will be aligned according to the efforts and planned they do.

going into learning the technical aspect of Bitcoin isn't necessarily for most newbies to be honest, as someone  that's not all that old in the system I understand how deficult it was when I tried doing all the self study because I needed to get all things figured out before even starting but along the line I got to know that it's better to just start with a simple amount and then look for what's happening in the system and then do your analysis from there should you use a bigger amount.

What I mean is this, instead of telling a newbie to get all too complex about knowing everything about the price movement of Bitcoin before investing, what happens if he starts investing with an amount that's as small as $10?  As his DCA amount while he follows up the process and grows in his mental knowledge while still investing. If you don't find a comfortable point to start before getting all the complex knowledge, there is no possibility that you will eventually start at all cause it might get to a point where investing into Bitcoin might seems too complex for you and quiting might look like the only available option. Till now, I don't really stress myself about the Bitcoin chat that relates the past movement of Bitcoin price with what's obtainable at this moment. I only have to know that Bitcoin has grown over the years from almost a zero value spot to what it currently his at this moment and that it has a higher potential of doing better than it currently his at the moment at that's just the basics I need. maybe other important issues that relates to my security, the best wallet to use and other important concepts can come with these but I must not necessarily know everything before eventually starting.

If they don't fully understand bitcoin and how it move due to market volatility then maybe they should not jump on the idea that its time for them to invest since they are so very raw and they need to learn more first since they have huge chance to get affected for certain unexpected movement which it can affect their decision making.

the only condition that will possibly make the person to get bothered about what you call an unexpected movement should be if the person is HODling for the short term or investing into an altcoin or meme coin. If the person is fully investing into Bitcoin with long term plan, what you call unexpected event which to me is same as saying "bearish seasons" are added advantage that can help the fellow to accumulate a good chunk of Bitcoin at that time.

Yeah, it's necessary they understand that Bitcoin is a volatile asset and that by that, there might be occasional correction that comes while they HODL but those kind of information makes more sense when the person's already have some quantity of Bitcoin in his portfolio. The best thing I feel every newbie that's ready to invest into Bitcoin should be made to know is that they shouldn't invest into Bitcoin for the purpose of seeing returns immediately. As long as they have accepted to go with you for at least a period of 4 years without talking about the need to take out there asset, then you don't have a course for alarm regarding any kind of issues that comes along the way.

[laijsica]

"Buying the dip and HODLing Bitcoins" is a popular strategy, but with inherent challenges. The difficulty lies in identifying the right dip – a temporary price drop before a rebound. While technical analysis can offer clues, the cryptocurrency market's volatility makes perfect timing nearly impossible. However, consistently buying smaller amounts (dollar-cost averaging) can smooth out price fluctuations. Additionally, Bitcoin's limited supply and potential as a borderless digital asset make it attractive as an inflation hedge. While its price swings can be dramatic, some believe its long-term trajectory could outpace inflation, offering a potential store of value. So keep buying Bitcoins and HODL as long as you possibly can!

I really don't think it is logical or a good strategy timing the market, reason being that as an investor your primary concern Should be how much BTC you can accumulate or you have accumulated and be able to hodl for a longer period of time. Because timing the market will really be a total waste of time because Bitcoin is a volatile asset anything can happen, so you can enjoy with those that was accumulating more Bitcoin without timing the market when Bitcoin start doing wonders, so accumulating more Bitcoin now is the best strategy and also the right time to buy and to accumulate more Bitcoin using the DCA strategy regardless of the present price because the the amount of Bitcoin you have will determine how profitable you will be and also remember to hodl your Bitcoin for a longer time.

@zacks5000, you don't seem to understand the logic of that bolded sentence from what @speedbitcoinwallet was saying, his emphasis was more of asserting that due to volatility timing the market can be very impossible that although technical analysis can give a clue and he goes further to talk about consistent buying through the dca strategy in other to mitigates the price fluctuations over a long time of offering a potential store of value.

@zacks5000 I think you have gat what speedbitcoinwallet all wrong.

Waiting is not an investment strategy... whether your starting goal (ideas) is 1 bitcoin or some other amount...
Hmm, I get the point now.

Even without any knowledge, one can still start investing in Bitcoin and in the process of investing one can learn.

Exactly  now you get the point.... it will be very stupid to wait and learn when the price of What you're learning keeps appreciating day by day.
Once you're determined  then the investment should started ASAP without any further delay and the best strategy beginners could use without even knowing anything about bitcoin  is the DCA strategy , its  simple and straightforward ...
Besides, learning to me is a continuous  process which might even take forever so waiting  to learn before investing when you think you know it all ( that person must be a clown) is so dumb, although as a beginner  you need to know some basics like choosing a wallet and keeping it keys safe( that can be learnt in just a day), he/she will be holding  there's  no need for getting too much In learning about the technicals as a beginner although understanding how transaction works while you invest could be a great idea so you won't get your self stucked up with alot of inputs on the long run, focusing  on your DCA strategy will be the greatest advice for beginners  too even when they already learn other strategies, a time will come when there will be a need for other strategies which is definitely not at the beginning of ones investment  .

I don't think that really makes too sense, having a basic knowledge is far different from not having any knowledge  and that sounds too awkward hence, acquiring a basic knowledge is what is required of before investmenting with hope of learning more on your way up, of which certain considerations or factor are very viable as to that regards which includes:

1. Your income flow (understand your the level of your disposable income)  after taken care of your personal needs to a provitional emergency funds

2. Your risk tolerance level

3. Methods of buying (lump sum or dca)

There are basic knowledge one should get before venturing into any form of business or investment, it is going to be a disaster entering into any investment without any basic knowledge.

Stay well informed and up to date with basic concepts and precautions in view of depositing Bitcoins. Aligning investments on a monthly basis and even ensuring that all the needs of self and family are met. Most new investors start aggressively initially, over-emotional due to their lack of knowledge.Only because of this mistake he deviates from long-term Bitcoin accumulation which is a very painful experience given the investment. All his hard work may go in vain if he does not keep a floating cash system, he is also advised to keep enough money for emergency needs. It is very important to keep this preparation initially before investing. If someone can save even $50 per month without investing aggressively in the beginning, he can be successful in the future. For example if an aggressive investor makes $150 he invests most of his disposable income but after a few months he may be insolvent. And there is no other way but to withdraw the investment.

[Mayor of ogba]

It is very important to make sure we have a good amount of money for emergencies before going into Bitcoin investment (especially when you are planning for the long term). 

I will say that you do not need to establish your emergency fund prior to getting started in investing into bitcoin - especially if you are investing for the long term.

With that, we can successfully invest in Bitcoin without selling any part of it just because we want to solve some kind of emergency issues. On Bitcoin investment there are some challenges an investor faces. The things there are, when you are not properly prepared for the long term investment, you can't afford to continue investing because you are not yet ready, and what makes you ready for investment is how much you are paid as salary and how much you already kept for emergency cases. Even if you are already investing before knowing this, you might not end well because there are things you failed to do/understand, and those things are:

*Making sure you have a good amount separately for emergency cases

*Knowing the best method you can use for your investment plans.

*Having good knowledge about the kind of investment you are in so that you will be able to strategize the kind of methods you can use for the investment.

I believe with these 3 points one can successfully know what and what's needed before investing in Bitcoin.

That information is good, but you do not need to establish all of that prior to getting started in bitcoin.  You can simultaneously get started in bitcoin and get the stuff you listed into place.  So you are wrong in terms of suggesting needs to establish those things prior to starting your investment into bitcoin.
 

Well, it's quite funny how many people rush to invest in Bitcoin because they believe that we are in bull season, so they are expecting to accumulate Bitcoin before then. We all know fully well that it doesn't work that way, investment is a due process thing, and you will need to get knowledge from knowledgeable people or do your own research into it before you start investing. We don't have to rush into Bitcoin because we want to make profits so quickly.

Wrong.

The error or an overwhelming number of most people is not getting started.  First thing.  Get started..do stuff.. and even if it is just $10 investment to start.. At least at that point you are started.  Yeah you can work out the details later, and yeah you should be thinking 4-10 years or longer, so if you are planning on some kind of short-term then that is likely erroneous, so there are people with wrong mindsets, but that still does not necessarily mean that they should not get started, especially if they understand the foundation of investing into bitcoin as being 4-10 years or longer.
 

Besides, one can not accumulate 1 Bitcoin if one's getting just $300 a month (that's impossible), so as Bitcoin investment is an asset, it's good to maintain the due process instead of rushing to invest, then you still end up making mistakes that are unforgettable.

Waiting is not an investment strategy... whether your starting goal (ideas) is 1 bitcoin or some other amount... 

Even without any knowledge, one can still start investing in Bitcoin and in the process of investing one can learn.

You need basic knowledge about bitcoin so that it will guide your bitcoin investment to success. If you invest in bitcoin without having any knowledge about it, you will not know that you are supposed to make provisions for reserve funds for at least three months that will help you solve your unforeseen problems in the future. And you should also have the knowledge that bitcoin is not a quick-to-get-rich thing so that you will know when it is suitable for you to start your bitcoin investment. Also, you should know how to protect your bitcoin wallet private key from people so that you will not lose your bitcoin and also know how to keep it safe.

[Hallroom]

It is very important to make sure we have a good amount of money for emergencies before going into Bitcoin investment (especially when you are planning for the long term). 

I will say that you do not need to establish your emergency fund prior to getting started in investing into bitcoin - especially if you are investing for the long term.

With that, we can successfully invest in Bitcoin without selling any part of it just because we want to solve some kind of emergency issues. On Bitcoin investment there are some challenges an investor faces. The things there are, when you are not properly prepared for the long term investment, you can't afford to continue investing because you are not yet ready, and what makes you ready for investment is how much you are paid as salary and how much you already kept for emergency cases. Even if you are already investing before knowing this, you might not end well because there are things you failed to do/understand, and those things are:

*Making sure you have a good amount separately for emergency cases

*Knowing the best method you can use for your investment plans.

*Having good knowledge about the kind of investment you are in so that you will be able to strategize the kind of methods you can use for the investment.

I believe with these 3 points one can successfully know what and what's needed before investing in Bitcoin.

That information is good, but you do not need to establish all of that prior to getting started in bitcoin.  You can simultaneously get started in bitcoin and get the stuff you listed into place.  So you are wrong in terms of suggesting needs to establish those things prior to starting your investment into bitcoin.
 

Well, it's quite funny how many people rush to invest in Bitcoin because they believe that we are in bull season, so they are expecting to accumulate Bitcoin before then. We all know fully well that it doesn't work that way, investment is a due process thing, and you will need to get knowledge from knowledgeable people or do your own research into it before you start investing. We don't have to rush into Bitcoin because we want to make profits so quickly.

Wrong.

The error or an overwhelming number of most people is not getting started.  First thing.  Get started..do stuff.. and even if it is just $10 investment to start.. At least at that point you are started.  Yeah you can work out the details later, and yeah you should be thinking 4-10 years or longer, so if you are planning on some kind of short-term then that is likely erroneous, so there are people with wrong mindsets, but that still does not necessarily mean that they should not get started, especially if they understand the foundation of investing into bitcoin as being 4-10 years or longer.
 

Besides, one can not accumulate 1 Bitcoin if one's getting just $300 a month (that's impossible), so as Bitcoin investment is an asset, it's good to maintain the due process instead of rushing to invest, then you still end up making mistakes that are unforgettable.

Waiting is not an investment strategy... whether your starting goal (ideas) is 1 bitcoin or some other amount... 

Even without any knowledge, one can still start investing in Bitcoin and in the process of investing one can learn.

You need basic knowledge about bitcoin so that it will guide your bitcoin investment to success. If you invest in bitcoin without having any knowledge about it, you will not know that you are supposed to make provisions for reserve funds for at least three months that will help you solve your unforeseen problems in the future. And you should also have the knowledge that bitcoin is not a quick-to-get-rich thing so that you will know when it is suitable for you to start your bitcoin investment. Also, you should know how to protect your bitcoin wallet private key from people so that you will not lose your bitcoin and also know how to keep it safe.

This is the first level of knowledge as a Bitcoin holder, because if the wallet can hold its private key correctly, the holding will be vulnerable to hacking at any time. Wallet passwords are therefore very important, but holders in particular need to strengthen their plans more quickly.  Hence any danger can actually protect their investment by their plan.

[Uhwuchukwu53]

It is very important to make sure we have a good amount of money for emergencies before going into Bitcoin investment (especially when you are planning for the long term). 

I will say that you do not need to establish your emergency fund prior to getting started in investing into bitcoin - especially if you are investing for the long term.

With that, we can successfully invest in Bitcoin without selling any part of it just because we want to solve some kind of emergency issues. On Bitcoin investment there are some challenges an investor faces. The things there are, when you are not properly prepared for the long term investment, you can't afford to continue investing because you are not yet ready, and what makes you ready for investment is how much you are paid as salary and how much you already kept for emergency cases. Even if you are already investing before knowing this, you might not end well because there are things you failed to do/understand, and those things are:

*Making sure you have a good amount separately for emergency cases

*Knowing the best method you can use for your investment plans.

*Having good knowledge about the kind of investment you are in so that you will be able to strategize the kind of methods you can use for the investment.

I believe with these 3 points one can successfully know what and what's needed before investing in Bitcoin.

That information is good, but you do not need to establish all of that prior to getting started in bitcoin.  You can simultaneously get started in bitcoin and get the stuff you listed into place.  So you are wrong in terms of suggesting needs to establish those things prior to starting your investment into bitcoin.
 

Well, it's quite funny how many people rush to invest in Bitcoin because they believe that we are in bull season, so they are expecting to accumulate Bitcoin before then. We all know fully well that it doesn't work that way, investment is a due process thing, and you will need to get knowledge from knowledgeable people or do your own research into it before you start investing. We don't have to rush into Bitcoin because we want to make profits so quickly.

Wrong.

The error or an overwhelming number of most people is not getting started.  First thing.  Get started..do stuff.. and even if it is just $10 investment to start.. At least at that point you are started.  Yeah you can work out the details later, and yeah you should be thinking 4-10 years or longer, so if you are planning on some kind of short-term then that is likely erroneous, so there are people with wrong mindsets, but that still does not necessarily mean that they should not get started, especially if they understand the foundation of investing into bitcoin as being 4-10 years or longer.
 

Besides, one can not accumulate 1 Bitcoin if one's getting just $300 a month (that's impossible), so as Bitcoin investment is an asset, it's good to maintain the due process instead of rushing to invest, then you still end up making mistakes that are unforgettable.

Waiting is not an investment strategy... whether your starting goal (ideas) is 1 bitcoin or some other amount... 

Even without any knowledge, one can still start investing in Bitcoin and in the process of investing one can learn.

You need basic knowledge about bitcoin so that it will guide your bitcoin investment to success. If you invest in bitcoin without having any knowledge about it, you will not know that you are supposed to make provisions for reserve funds for at least three months that will help you solve your unforeseen problems in the future. And you should also have the knowledge that bitcoin is not a quick-to-get-rich thing so that you will know when it is suitable for you to start your bitcoin investment. Also, you should know how to protect your bitcoin wallet private key from people so that you will not lose your bitcoin and also know how to keep it safe.

That is why this thread is enhancing the people knowledge on how investment on Bitcoin is meant to be mostly the aspect of DCA Long term holding good knowledge help alot to safeguard investor for those provisions, such as emergency, reserve fund even also suggest one should engage in other such of income to be more of balance when challenges come to avoid anything that leads to easy tempering of the investment.

Through this thread my eyes opened to know that one don't need jump into investment on btc unprepared one need certain planing and good sharing formula on how to keep the investment running by making certain provisions of reserve fund,and emergency as most challenges of man may be unforseen circumstances.

[Bravut]

They will only get confused if they don't fully understand what they are trying to learn. But if they could able to have focus on certain things that need to take care first like learning on how to execute well the DCA method then after they learn that they jump on technical aspects on bitcoin movement then for sure everything will be aligned according to the efforts and planned they do.

going into learning the technical aspect of Bitcoin isn't necessarily for most newbies to be honest, as someone  that's not all that old in the system I understand how deficult it was when I tried doing all the self study because I needed to get all things figured out before even starting but along the line I got to know that it's better to just start with a simple amount and then look for what's happening in the system and then do your analysis from there should you use a bigger amount.

What I mean is this, instead of telling a newbie to get all too complex about knowing everything about the price movement of Bitcoin before investing, what happens if he starts investing with an amount that's as small as $10?  As his DCA amount while he follows up the process and grows in his mental knowledge while still investing. If you don't find a comfortable point to start before getting all the complex knowledge, there is no possibility that you will eventually start at all cause it might get to a point where investing into Bitcoin might seems too complex for you and quiting might look like the only available option. Till now, I don't really stress myself about the Bitcoin chat that relates the past movement of Bitcoin price with what's obtainable at this moment. I only have to know that Bitcoin has grown over the years from almost a zero value spot to what it currently his at this moment and that it has a higher potential of doing better than it currently his at the moment at that's just the basics I need. maybe other important issues that relates to my security, the best wallet to use and other important concepts can come with these but I must not necessarily know everything before eventually starting.

If they don't fully understand bitcoin and how it move due to market volatility then maybe they should not jump on the idea that its time for them to invest since they are so very raw and they need to learn more first since they have huge chance to get affected for certain unexpected movement which it can affect their decision making.

the only condition that will possibly make the person to get bothered about what you call an unexpected movement should be if the person is HODling for the short term or investing into an altcoin or meme coin. If the person is fully investing into Bitcoin with long term plan, what you call unexpected event which to me is same as saying "bearish seasons" are added advantage that can help the fellow to accumulate a good chunk of Bitcoin at that time.

Yeah, it's necessary they understand that Bitcoin is a volatile asset and that by that, there might be occasional correction that comes while they HODL but those kind of information makes more sense when the person's already have some quantity of Bitcoin in his portfolio. The best thing I feel every newbie that's ready to invest into Bitcoin should be made to know is that they shouldn't invest into Bitcoin for the purpose of seeing returns immediately. As long as they have accepted to go with you for at least a period of 4 years without talking about the need to take out there asset, then you don't have a course for alarm regarding any kind of issues that comes along the way.

Well said. Seeking much information at times can be misleading, what I prioritize is, all newbie should have knowledge about money management and what investing in an asset really is especially Bitcoin Market, choosing a strategy that they can abide by with a plan, you're set to go. As you said, having a long term view of the market and holding for at least one cycle 4-10 years this won't only help in the accumulation journey but also helping them see how far they went with there plan, strategy and challenges face with a new alternative to improve on the situation. The market is unique with opportunities everyday.

[wmaurik]

Waiting is not an investment strategy... whether your starting goal (ideas) is 1 bitcoin or some other amount... 

Even without any knowledge, one can still start investing in Bitcoin and in the process of investing one can learn.

You need basic knowledge about bitcoin so that it will guide your bitcoin investment to success. If you invest in bitcoin without having any knowledge about it, you will not know that you are supposed to make provisions for reserve funds for at least three months that will help you solve your unforeseen problems in the future. And you should also have the knowledge that bitcoin is not a quick-to-get-rich thing so that you will know when it is suitable for you to start your bitcoin investment. Also, you should know how to protect your bitcoin wallet private key from people so that you will not lose your bitcoin and also know how to keep it safe.

What I'm wondering is who you are suggesting this to, because I don't think @JayJuanGee knows about it, and neither does @rachael9385. I am quite sure that these two people must already know very well about Bitcoin and are also very solid in their knowledge of Bitcoin so that it will not be so difficult for them to make an investment in Bitcoin because they definitely know how to use funds for Bitcoin. Moreover, if the reserve funds you are referring to can only be relied on for three months, at least it will not be enough for investors who have the aim of long-term investment in Bitcoin.

Because for an investor who has a strong desire to be able to invest in Bitcoin, he will definitely look for a way to do this without interfering with his own activities in life. Because this difficulty usually occurs for those who are lazy and don't want to look for ways to invest in Bitcoin or for those who still don't believe in Bitcoin at this time and forever.

[Samlucky O]

Waiting is not an investment strategy... whether your starting goal (ideas) is 1 bitcoin or some other amount...
Hmm, I get the point now.

Even without any knowledge, one can still start investing in Bitcoin and in the process of investing one can learn.

Exactly  now you get the point.... it will be very stupid to wait and learn when the price of What you're learning keeps appreciating day by day.

You wouldn't even say such word of being stupid to learn when the price of bitcoin is appreciating. Despite anything there is surely a need to learn before investing in bitcoin, just that you will only need to quick up the process by not over learning and not taken a bold step. There is a different between fast and slow learning process, some people may be fast to learn and start investing, but some people are dem too lazy to learn even the simplest thing, and may lost a reasonable amount why trying to invest. so in as much as we are trying to invest in bitcoin, we should start investing at the appropriate time when our brain is set to understand properly, hence no time is too late to invest because you might even delay to learn and Invest when the market is dip and you be advantaged over the early people that invested before you. so what am saying in essence is that investment shouldn't be in a hurry but should be done when a person is mentally and physically matured and knowledgeable and also stand a chance to bear the risk and HODL for a longer time. and also having a regular inflow of cash in his reserved, otherwise they might make a silly mistake and see bitcoin as being scam

Once you're determined  then the investment should started ASAP without any further delay and the best strategy beginners could use without even knowing anything about bitcoin  is the DCA strategy , its  simple and straightforward ...
Besides, learning to me is a continuous  process which might even take forever so waiting  to learn before investing when you think you know it all :

Yes learning is a continuous process that we will get to know more as time goes on down to infinity, but I still maintain my stand that we shouldn't over look the beginning, because the beginning is the most difficult part of a new journey. Your positive and negative feelings is developed from the beginning. Some people who didn't do well in bitcoin investment was as a result of not well knowledgeable about bitcoin and what bitcoin entails, they rushed to invest Thinking it's a get rich quick scheme and after they invested and it didn't work that way they God disappointed and start looking for cheap shitcoin hoping for greater return as a form of short wealth expecially the newbies. So they need to be thought properly so that they will not rush in and rush out so quickly and see bitcoin as a slow way of achieving there goal.

[Troytech]

"Buying the dip and HODLing Bitcoins" is a popular strategy, but with inherent challenges. The difficulty lies in identifying the right dip – a temporary price drop before a rebound. While technical analysis can offer clues, the cryptocurrency market's volatility makes perfect timing nearly impossible. However, consistently buying smaller amounts (dollar-cost averaging) can smooth out price fluctuations. Additionally, Bitcoin's limited supply and potential as a borderless digital asset make it attractive as an inflation hedge. While its price swings can be dramatic, some believe its long-term trajectory could outpace inflation, offering a potential store of value. So keep buying Bitcoins and HODL as long as you possibly can!

Welcome to the thread but I think you started off from a wrong foot, 95% of us knows this already and what you should have done is introduced yourself and tell us If you have already started accumulating bitcoin or not, the most important thing right now is not really about how much you know but how much Bitcoin you have accumulated and how long you have been in.

Anyway your right about buying if it's used as an only strategy, but it can be used as a supplementary strategy to take advantage to accumulate more bitcoin so you and really have to wait for dips is your are using the DCA method.

[Sim_card]

They will only get confused if they don't fully understand what they are trying to learn. But if they could able to have focus on certain things that need to take care first like learning on how to execute well the DCA method then after they learn that they jump on technical aspects on bitcoin movement then for sure everything will be aligned according to the efforts and planned they do.

going into learning the technical aspect of Bitcoin isn't necessarily for most newbies to be honest, as someone  that's not all that old in the system I understand how deficult it was when I tried doing all the self study because I needed to get all things figured out before even starting but along the line I got to know that it's better to just start with a simple amount and then look for what's happening in the system and then do your analysis from there should you use a bigger amount.

What I mean is this, instead of telling a newbie to get all too complex about knowing everything about the price movement of Bitcoin before investing, what happens if he starts investing with an amount that's as small as $10?  As his DCA amount while he follows up the process and grows in his mental knowledge while still investing. If you don't find a comfortable point to start before getting all the complex knowledge, there is no possibility that you will eventually start at all cause it might get to a point where investing into Bitcoin might seems too complex for you and quiting might look like the only available option. Till now, I don't really stress myself about the Bitcoin chat that relates the past movement of Bitcoin price with what's obtainable at this moment. I only have to know that Bitcoin has grown over the years from almost a zero value spot to what it currently his at this moment and that it has a higher potential of doing better than it currently his at the moment at that's just the basics I need. maybe other important issues that relates to my security, the best wallet to use and other important concepts can come with these but I must not necessarily know everything before eventually starting.

If they don't fully understand bitcoin and how it move due to market volatility then maybe they should not jump on the idea that its time for them to invest since they are so very raw and they need to learn more first since they have huge chance to get affected for certain unexpected movement which it can affect their decision making.

the only condition that will possibly make the person to get bothered about what you call an unexpected movement should be if the person is HODling for the short term or investing into an altcoin or meme coin. If the person is fully investing into Bitcoin with long term plan, what you call unexpected event which to me is same as saying "bearish seasons" are added advantage that can help the fellow to accumulate a good chunk of Bitcoin at that time.

Yeah, it's necessary they understand that Bitcoin is a volatile asset and that by that, there might be occasional correction that comes while they HODL but those kind of information makes more sense when the person's already have some quantity of Bitcoin in his portfolio. The best thing I feel every newbie that's ready to invest into Bitcoin should be made to know is that they shouldn't invest into Bitcoin for the purpose of seeing returns immediately. As long as they have accepted to go with you for at least a period of 4 years without talking about the need to take out there asset, then you don't have a course for alarm regarding any kind of issues that comes along the way.

Well said. Seeking much information at times can be misleading, what I prioritize is, all newbie should have knowledge about money management and what investing in an asset really is especially Bitcoin Market, choosing a strategy that they can abide by with a plan, you're set to go. As you said, having a long term view of the market and holding for at least one cycle 4-10 years this won't only help in the accumulation journey but also helping them see how far they went with there plan, strategy and challenges face with a new alternative to improve on the situation. The market is unique with opportunities everyday.

A newbie does not need to know much on bitcoin before he can invest, if not he will waste his time learning and learning instead of getting started immediately. I believe that one of the basic knowledge of bitcoin is that you should invest in long-term  only your discretionary income and should know the type of wallet that he needs to use to store his bitcoin which is a cold storage open source wallet and how to buy bitcoin with fiat. I believe that alone is cool for a beginner to start investing. He can learn whatever he needs to know along the line as he is investing.

For any new beginner that already understands or do practice financial management which find it easy to start investing without a problem, especially people that are already used to saving some part of their monthly or weekly income in the bank  over a long period of time base on what they want to use the money to achieve in future. Bitcoin investment is better learnt by experience in the market, because no one will teach you how to control your emotions when there is a price fluctuation, or the price dips. I will advice a new investor to invest first with part of his discretionary and learn at the same time on any part of bitcoin that he loves to know.

Some people will not learn until they have involved in that investment because they want to know more about what they are investing in. Bitcoin knowledge is very broad and the price of bitcoin keeps increasing in value which makes it better to invest first and learn along the road of building your investment to take advantage of the current price of bitcoin. It is good that as a beginner in your bitcoin journey, you should use a small about for your regular DCA for maybe 1-2 years and when you have the confidence and believe in bitcoin base on what you have learnt along the line, you can then increase the amount that you are using to DCA.

[Dailyscript]

The difficulty lies in identifying the right dip

Your first post in the forum happens to be in this discussion. Its not about jumping into a dialogue, perhaps if you have read through the thread you should have learnt that there is no point identifying the dip due to the price fluctuation. Going through your investment with DCA makes an investor not to think about timing the market because one could possibly not be able to buy if the dip do not come. Just like when we see a price increase at times so we may see price decrease. So we should be happy when the price dips and it shouldn't stop us form buying regularly through our preferred strategy. Buying the dip should be an extra strategy that would help facilitate the investment goal.

[Zackz5000]

It is very important to make sure we have a good amount of money for emergencies before going into Bitcoin investment (especially when you are planning for the long term).  

I will say that you do not need to establish your emergency fund prior to getting started in investing into bitcoin - especially if you are investing for the long term.

With that, we can successfully invest in Bitcoin without selling any part of it just because we want to solve some kind of emergency issues. On Bitcoin investment there are some challenges an investor faces. The things there are, when you are not properly prepared for the long term investment, you can't afford to continue investing because you are not yet ready, and what makes you ready for investment is how much you are paid as salary and how much you already kept for emergency cases. Even if you are already investing before knowing this, you might not end well because there are things you failed to do/understand, and those things are:

*Making sure you have a good amount separately for emergency cases

*Knowing the best method you can use for your investment plans.

*Having good knowledge about the kind of investment you are in so that you will be able to strategize the kind of methods you can use for the investment.

I believe with these 3 points one can successfully know what and what's needed before investing in Bitcoin.

That information is good, but you do not need to establish all of that prior to getting started in bitcoin.  You can simultaneously get started in bitcoin and get the stuff you listed into place.  So you are wrong in terms of suggesting needs to establish those things prior to starting your investment into bitcoin.
 

Well, it's quite funny how many people rush to invest in Bitcoin because they believe that we are in bull season, so they are expecting to accumulate Bitcoin before then. We all know fully well that it doesn't work that way, investment is a due process thing, and you will need to get knowledge from knowledgeable people or do your own research into it before you start investing. We don't have to rush into Bitcoin because we want to make profits so quickly.

Wrong.

The error or an overwhelming number of most people is not getting started.  First thing.  Get started..do stuff.. and even if it is just $10 investment to start.. At least at that point you are started.  Yeah you can work out the details later, and yeah you should be thinking 4-10 years or longer, so if you are planning on some kind of short-term then that is likely erroneous, so there are people with wrong mindsets, but that still does not necessarily mean that they should not get started, especially if they understand the foundation of investing into bitcoin as being 4-10 years or longer.
 

Besides, one can not accumulate 1 Bitcoin if one's getting just $300 a month (that's impossible), so as Bitcoin investment is an asset, it's good to maintain the due process instead of rushing to invest, then you still end up making mistakes that are unforgettable.

Waiting is not an investment strategy... whether your starting goal (ideas) is 1 bitcoin or some other amount...  

Even without any knowledge, one can still start investing in Bitcoin and in the process of investing one can learn.

You need basic knowledge about bitcoin so that it will guide your bitcoin investment to success. If you invest in bitcoin without having any knowledge about it, you will not know that you are supposed to make provisions for reserve funds for at least three months that will help you solve your unforeseen problems in the future. And you should also have the knowledge that bitcoin is not a quick-to-get-rich thing so that you will know when it is suitable for you to start your bitcoin investment. Also, you should know how to protect your bitcoin wallet private key from people so that you will not lose your bitcoin and also know how to keep it safe.

You are right @Mayor of ogba investing into what you don't have basis knowledge can be very risky expecially when dealing with Bitcoin investment, most persons don't have any basis knowledge concerning Bitcoin investment but they do hear about Bitcoin they may not really know how it works, so having basis knowledge about Bitcoin investment will really help you in your investment journey and you can be learning more while you are already on it. At least one need to be knowledgeable concerning what emergency fund mean reserve and float and also know the best method to use when accumulating Bitcoin as a newbie in order to avoid much mistake in your in your Bitcoin investment journey.
Even in business if you don't have any basis knowledge concerning the business you want to venture into you will definitely have a run down because you don't have any basis knowledge how the business works so I believe having basis knowledge in what so ever thing you want to do is very important. For I have seen someone that failed in business because he saw others doing well in and he decided to venture into such business without even having any basis knowledge about the business at the end the business collapse due to zero knowledge concerning such business.

[promise444c5]

I don't think that really makes too sense, having a basic knowledge is far different from not having any knowledge  and that sounds too awkward hence, acquiring a basic knowledge is what is required of before investmenting with hope of learning more on your way up, of which certain considerations or factor are very viable as to that regards which includes:
 
There are basic knowledge one should get before venturing into any form of business or investment, it is going to be a disaster entering into any investment without any basic knowledge.

Read the post again.....  the poster was not actually talking about completely zero knowledge  about investment
Besides 70% of what you listed which is 3 are what you ought to have know before  even thinking of starting an investment in something  like Bitcoin...

1. Your income flow (understand your the level of your disposable income)  after taken care of your personal needs to a provitional emergency funds

So what are you insinuating here that someone should wait and learn his/her income flow ..... this isn't  what you should  learn it's  what you ought to have understand before even thinking about investment... practically so are you telling people to wait and study their income flow that they have been experiencing for years... or they should wait to see if there will be any reduction in their income flow or probably you just meant they must get a stable income flow before they invest

2. Your risk tolerance level

How will a person who didn't or haven't invest learn about its level of risk tolerance , besides it isn't what  you learn its  what you develop according to some factors like

• capital for  investment
• investment plan
• your portfolio size

and many more... inwhich 60% are determined when you opt-into investment

3. Methods of buying (lump sum or dca)

This is the only one you seem to be on the right side and I did mention a perfect option like the DCA
Besides  it isn't  what you need to learn that much  it's just what you need to adopt because  I can decide to learn without adopting it  

However, technically  you rally need to learn about choosing a wallet and how you could keep it key safe as a basic knowledge because  what's the point of investing  continuously only for someone  to steal it one day ... so its  very important.

Waiting is not an investment strategy... whether your starting goal (ideas) is 1 bitcoin or some other amount...
Hmm, I get the point now.

Even without any knowledge, one can still start investing in Bitcoin and in the process of investing one can learn.

Exactly  now you get the point.... it will be very stupid to wait and learn when the price of What you're learning keeps appreciating day by day.

You wouldn't even say such word of being stupid to learn when the price of bitcoin is appreciating. Despite anything there is surely a need to learn before investing in bitcoin, just that you will only need to quick up the process by not over learning and not taken a bold step. There is a different between fast and slow learning process,

Edited out

Yes learning is a continuous process that we will get to know more as time goes on down to infinity, but I still maintain my stand that we shouldn't over look the beginning, because the beginning is the most difficult part of a new journey. Your positive and negative feelings is developed from the beginning.

No one is overlooking  the beginning  neither I'm I  disputing the fact that learning us important, either you're fast or slow in learning, bitcoin does not give a f*ck  as it won't wait for you to complete your learning process... there's  no need to repeat my self about basic knowledge,check my comment above ...

[rachael9385]

Waiting is not an investment strategy... whether your starting goal (ideas) is 1 bitcoin or some other amount...
Hmm, I get the point now.

Even without any knowledge, one can still start investing in Bitcoin and in the process of investing one can learn.

Exactly  now you get the point.... it will be very stupid to wait and learn when the price of What you're learning keeps appreciating day by day.
Once you're determined  then the investment should started ASAP without any further delay and the best strategy beginners could use without even knowing anything about bitcoin  is the DCA strategy , its  simple and straightforward ...
Besides, learning to me is a continuous  process which might even take forever so waiting  to learn before investing when you think you know it all ( that person must be a clown) is so dumb, although as a beginner  you need to know some basics like choosing a wallet and keeping it keys safe( that can be learnt in just a day), he/she will be holding  there's  no need for getting too much In learning about the technicals as a beginner although understanding how transaction works while you invest could be a great idea so you won't get your self stucked up with alot of inputs on the long run, focusing  on your DCA strategy will be the greatest advice for beginners  too even when they already learn other strategies, a time will come when there will be a need for other strategies which is definitely not at the beginning of ones investment  .

If someone is ready to do something, even though the person is not aware of how the things are being done on time, he/she will be able to gather his/her own knowledge because along the line when he's doing what he/she is doing, that's the process he starts learning.

Let's take this forum for an instance. If a newbie registers on the forum and he hasn't made any posts, he/she won't know how the forum works (unless he/she does something). So I have learned that once it comes to Bitcoin investment, without making an attempt to start something, you willn't be able to understand how Bitcoin works. Now for a better start, it's good to get started now than ever. Besides, if one is waiting to get Bitcoin investment knowledge before investing more, more opportunities will pass and it will be very hard for those opportunities to come back. Now let's also take this for instance, when Bitcoin was @$50k months back and someone who was interested in investing in Bitcoin was learning instead of investing alongside learning. Now, those times, Bitcoin was @50k has passed, and the person has missed the opportunity to buy when BTC was $50k and now, Bitcoin is in the range of $69k and $70k. So, this is also a good example that every minute is the perfect time to start investing in Bitcoin.

You need basic knowledge about bitcoin so that it will guide your bitcoin investment to success. If you invest in bitcoin without having any knowledge about it, you will not know that you are supposed to make provisions for reserve funds for at least three months that will help you solve your unforeseen problems in the future.

Well, no doubt that you need to get the knowledge of investment, but here is where you get it wrong. If you are interested in investing in Bitcoin and you do not have any knowledge of Bitcoin, the first piece of knowledge you can get is when you have clicked on the buy button. Acquiring knowledge by buying Bitcoin is a gradual process and you can't rush it. As time goes on, you will learn more, especially when Bitcoin is going up and down and during your accumulation process.

A newbie does not need to know much on bitcoin before he can invest, if not he will waste his time learning and learning instead of getting started immediately. I believe that one of the basic knowledge of bitcoin is that you should invest in long-term  only your discretionary income and should know the type of wallet that he needs to use to store his bitcoin which is a cold storage open source wallet and how to buy bitcoin with fiat. I believe that alone is cool for a beginner to start investing. He can learn whatever he needs to know along the line as he is investing.

Perfectly said.

If a newbie is planning to gather bitcoin knowledge before he starts to invest in Bitcoin, he will make a lot of mistakes and the worst of it all is the more he's busy learning about Bitcoin, the more time flies. However, getting Bitcoin knowledge is not a one-month thing, because as day comes, so more ideas are added and also the more Bitcoin goes up and down. A newbie shouldn't stress him/her self to get Bitcoin knowledge before investing in Bitcoin. Getting good bitcoin investment knowledge needs a practical solution, just like applying the DCA method and making sure that they have 3 or 6 months of emergency funds. Buying is always important in the Bitcoin world. A beginner at Bitcoin needs to buy and hold, then keep piling the investment up before he can get quality knowledge. Moreover, one can not fully learn the whole of Bitcoin investment knowledge.

[Mayor of ogba]

Waiting is not an investment strategy... whether your starting goal (ideas) is 1 bitcoin or some other amount... 

Even without any knowledge, one can still start investing in Bitcoin and in the process of investing one can learn.

You need basic knowledge about bitcoin so that it will guide your bitcoin investment to success. If you invest in bitcoin without having any knowledge about it, you will not know that you are supposed to make provisions for reserve funds for at least three months that will help you solve your unforeseen problems in the future. And you should also have the knowledge that bitcoin is not a quick-to-get-rich thing so that you will know when it is suitable for you to start your bitcoin investment. Also, you should know how to protect your bitcoin wallet private key from people so that you will not lose your bitcoin and also know how to keep it safe.

What I'm wondering is who you are suggesting this to, because I don't think @JayJuanGee knows about it, and neither does @rachael9385. I am quite sure that these two people must already know very well about Bitcoin and are also very solid in their knowledge of Bitcoin so that it will not be so difficult for them to make an investment in Bitcoin because they definitely know how to use funds for Bitcoin. Moreover, if the reserve funds you are referring to can only be relied on for three months, at least it will not be enough for investors who have the aim of long-term investment in Bitcoin.

Because for an investor who has a strong desire to be able to invest in Bitcoin, he will definitely look for a way to do this without interfering with his own activities in life. Because this difficulty usually occurs for those who are lazy and don't want to look for ways to invest in Bitcoin or for those who still don't believe in Bitcoin at this time and forever.

I can see that you want to make me look like the bad one here so that you will be the good one. My suggestion was clearly for @rachael9385 because she said that people don't need any knowledge before they can start investing in bitcoin. Can someone who doesn't know anything about bitcoin start investing in it? The three months I mentioned for the reserve funds are the minimum months our reserve funds should serve us. You can keep reserve funds that will serve you for more than that if you are financially stable. I also want you to know that there's always room to rebuild your reserve funds so that it helps you accumulate the quantity of bitcoin you want and hold it until the expected year you want to sell your bitcoin.

[I_Anime]

I can see that you want to make me look like the bad one here so that you will be the good one. My suggestion was clearly for @rachael9385 because she said that people don't need any knowledge before they can start investing in bitcoin. Can someone who doesn't know anything about bitcoin start investing in it? The three months I mentioned for the reserve funds are the minimum months our reserve funds should serve us. You can keep reserve funds that will serve you for more than that if you are financially stable. I also want you to know that there's always room to rebuild your reserve funds so that it helps you accumulate the quantity of bitcoin you want and hold it until the expected year you want to sell your bitcoin

Well the thing is that , is not like they don't require any knowledge before  investing in Bitcoin. But having the basic knowledge of bitcoin one is good to go into investing in bitcoin without having any technical knowledge . All they just need is to have some good cashflow and some nice basic knowledge on how Bitcoin work. Just as time wait for no one that how the price movement wait for no one so if one decide to gather some deep knowledge and technical knowledge on how bitcoin before going into it , such individual will only endup missing out big time.

That's why is better to start accumulating, and as time goes on one can decide to focus on gaining more knowledge while he or she are  accumulating and holding . With such act the chances of them building a nice stash , is pretty high.

[Miles2006]

Waiting is not an investment strategy... whether your starting goal (ideas) is 1 bitcoin or some other amount...
Hmm, I get the point now.

Even without any knowledge, one can still start investing in Bitcoin and in the process of investing one can learn.

Exactly  now you get the point.... it will be very stupid to wait and learn when the price of What you're learning keeps appreciating day by day.
Once you're determined  then the investment should started ASAP without any further delay and the best strategy beginners could use without even knowing anything about bitcoin  is the DCA strategy , its  simple and straightforward ...
Besides, learning to me is a continuous  process which might even take forever so waiting  to learn before investing when you think you know it all ( that person must be a clown) is so dumb, although as a beginner  you need to know some basics like choosing a wallet and keeping it keys safe( that can be learnt in just a day), he/she will be holding  there's  no need for getting too much In learning about the technicals as a beginner although understanding how transaction works while you invest could be a great idea so you won't get your self stucked up with alot of inputs on the long run, focusing  on your DCA strategy will be the greatest advice for beginners  too even when they already learn other strategies, a time will come when there will be a need for other strategies which is definitely not at the beginning of ones investment  .

For any new investor, the best they can do is invest and learn at same time because learning is needed at the same time investing is necessary. For example, my first time hearing about bitcoin investment I had no knowledge but as time goes on I got basic knowledge and I had to buy bitcoin as practice makes perfect. Learning never ends and surprising how I got bitcoin knowledge here about bitcoin accumulation and investing with a comfortable strategy is needed. Firstly I must agree while learning we should start as soon as possible, from my view the common knowledge anyone should learn first is building an emergency funds, reserve funds as this really affected my early journey because I never had any knowledge at first. These funds is just like a foundation supporting the investment to stand so any new investor should also build these funds at the early stage.