JJG’s Outline of Bitcoin Investment Ideas

[Bigjoe33]

You're absolutely correct In this aspect you don't need to invest with huge capital that you will find difficult to  afford, all you need to do is starting up with a certain capital and rest assure the market may rise or drop at all costs so is left for the investor to keep an eye on your coin without having a shivering break sometimes you just have to overlook and be patient.

This is a wrong  way to start up your investment. You don't just start up your investment with any money with you or a certain capital as you put it, nope. The money used to begin your investment or needed to start investing has a name, and it is called Discretionary income.. it is the money left and/or remaining after settlement of your basic needs, and that's the money you can use for investment and not just a certain capital just the way you sounded, because going by that statement of yours, someone might just decide to use some part or all his income to invest, and that is gonna be really problematic because when the demands that was not met arises, you might sell off your accumulated assets unplanned or even in loss.

So, the best is to handle of take care of your basic needs first, and then, we can allocate some of the funds remaining for your investment and some for building up our emergency funds and other back up funds

[Joeboy]

Someone who has little faith in investing in Bitcoin or someone who has already invested certainly doesn't understand Bitcoin at all. This applies to those who haven't started investing and oddly enough those who have invested but still lack faith or are hesitant about their actions.

It is in no way problematic when folks start out with little faith and they decide to invest based in how convinced they seem to be at that moment, since they can very well build their convictions as they go and then increase their investments amounts... Conviction is not something that may always be instantaneous for most folks, since it tends to develop with time as they learn more about Bitcoin and see how it works out in practice.. So when you see a newbies with little faith/or conviction, they shouldn't be discouraged since they are still in the learning stage and are still in the process of building their convictions...

[Taskford]

Someone who has little faith in investing in Bitcoin or someone who has already invested certainly doesn't understand Bitcoin at all. This applies to those who haven't started investing and oddly enough those who have invested but still lack faith or are hesitant about their actions.

It is in no way problematic when folks start out with little faith and they decide to invest based in how convinced they seem to be at that moment, since they can very well build their convictions as they go and then increase their investments amounts... Conviction is not something that may always be instantaneous for most folks, since it tends to develop with time as they learn more about Bitcoin and see how it works out in practice.. So when you see a newbies with little faith/or conviction, they shouldn't be discouraged since they are still in the learning stage and are still in the process of building their convictions...

Conviction does not happen immediately, for sure we experience to be doubtful on Bitcoin before. But  lucky for us we turn those little conviction to more bigger belief on Bitcoin. Also lots of us start from small, since there's provably no people will start big especially if they don't know what they are doing. Gradual increase with their investment will just come up especially when they gain lots of knowledge about Bitcoin.

So instead talking nonsense with those people still have little idea about Bitcoin, much better to teach them those better approach to do and its up for them if they catch up those information they learn from us then try to learn to go long term on Bitcoin.

[Cossyblack]

Someone who has little faith in investing in Bitcoin or someone who has already invested certainly doesn't understand Bitcoin at all. This applies to those who haven't started investing and oddly enough those who have invested but still lack faith or are hesitant about their actions.

In bitcoin investment faith doesn't really matters, it is not how little you start your journeys with that matter but how consistent you accumulate and hold bitcoin for the long term. Because we have low trust when we started accumulating bitcoin shouldn't mean we are not serious investors, we can build it as we consistently accumulate bitcoin. The longer we accumulate bitcoin the more we understand and trust it.

[abaeze]

Someone who has little faith in investing in Bitcoin or someone who has already invested certainly doesn't understand Bitcoin at all. This applies to those who haven't started investing and oddly enough those who have invested but still lack faith or are hesitant about their actions.

It is in no way problematic when folks start out with little faith and they decide to invest based in how convinced they seem to be at that moment, since they can very well build their convictions as they go and then increase their investments amounts... Conviction is not something that may always be instantaneous for most folks, since it tends to develop with time as they learn more about Bitcoin and see how it works out in practice.. So when you see a newbies with little faith/or conviction, they shouldn't be discouraged since they are still in the learning stage and are still in the process of building their convictions...

Conviction does not happen immediately, for sure we experience to be doubtful on Bitcoin before. But  lucky for us we turn those little conviction to more bigger belief on Bitcoin. Also lots of us start from small, since there's provably no people will start big especially if they don't know what they are doing. Gradual increase with their investment will just come up especially when they gain lots of knowledge about Bitcoin.

So instead talking nonsense with those people still have little idea about Bitcoin, much better to teach them those better approach to do and its up for them if they catch up those information they learn from us then try to learn to go long term on Bitcoin.

You are right, there is no point in arguing with those who do not understand Bitcoin and I think investing in Bitcoin is not mandatory for everyone but rather giving correct information to those who do not know about Bitcoin, explaining the technology and teaching a long-term perspective so that they can understand for themselves whether investing in Bitcoin is profitable or risky because gaining knowledge about these things is more fruitful for new investors. One thing everyone should keep in mind very well is that Bitcoin conviction comes from knowledge, and knowledge comes through time and learning. So if it is started then it inspires people to learn.

[Baki202]

You are right, there is no point in arguing with those who do not understand Bitcoin and I think investing in Bitcoin is not mandatory for everyone but rather giving correct information to those who do not know about Bitcoin, explaining the technology and teaching a long-term perspective so that they can understand for themselves whether investing in Bitcoin is profitable or risky because gaining knowledge about these things is more fruitful for new investors. One thing everyone should keep in mind very well is that Bitcoin conviction comes from knowledge, and knowledge comes through time and learning. So if it is started then it inspires people to learn.

Argument with people without knowledge is a waste of time so when you hear them talk you know if they are knowledgeable or not and those that are most likely to pick up Intrest to want to invest, they need to understand first so know that then they will know the steps to take both everything thing still have to be around if they are ready to learn when you learn you will know that one of the things people do the most when it comes to bitcoin is to hold for a very long time onyl few traders we have been we know the risk and what it take to be a traders so holding is what people like.

People are always taking learning for granted and without learning you can do nothing so first have the knowledge even if it is basics so that when you start you won't even feel cheated because you already have the knowledge and you can even manage to know how to. Buy and sell then every other thing can follow and this is one reason, they will tell. Anyone that is starting to start by learning first that is the most important factor.

[fillippone]

Try making use of punctuation next time so that it is easier for your writeup to be ready and understood by others... Let me ask you a question, why are you suggesting that folks requires knowledge of market condition and it's cycles as a requirement for investing? Timing market conditions or whatever else that traders do, isn't a requirement for starting Bitcoin... Discretionary income is all folks need to kickstart their investments, and they can very well learn the rest later...

It’s not an essential need to before you actually start investing into bitcoin, the essential needs are having the capital to invest, the basic knowledge of how to set up one’s wallet, knowledge on how to buy bitcoin and also sell, knowledge on how to safeguard your coins by prioritizing self custody. All this are the necessities need before one should invest into bitcoin.

Bullshit.

You don't need all the items that you list in order to get started investing in bitcoin.  All you need is discretionary funds (such as $10) and common sense, and you can figure out other aspects of your particulars in the order that you choose, since the items that you mention are not prerequisites unless the person chooses to create extra obstacles for himself and to delay getting started.

It's a fine balance.
Learning first can make you avoid stupid errors.
Learning too much makes you delay the investment.
I would say it's necessary to have a certain degree of understanding, a little bit more than common sense, also because the errors you can make in your early phases are difficult to repair.
Privacy, above all.

[laspol65]

Someone who has little faith in investing in Bitcoin or someone who has already invested certainly doesn't understand Bitcoin at all. This applies to those who haven't started investing and oddly enough those who have invested but still lack faith or are hesitant about their actions.

It is in no way problematic when folks start out with little faith and they decide to invest based in how convinced they seem to be at that moment, since they can very well build their convictions as they go and then increase their investments amounts... Conviction is not something that may always be instantaneous for most folks, since it tends to develop with time as they learn more about Bitcoin and see how it works out in practice.. So when you see a newbies with little faith/or conviction, they shouldn't be discouraged since they are still in the learning stage and are still in the process of building their convictions...

When people believe in Bitcoin investment and then they are able to take risks. So the only Bitcoin investment that has confidence in the investment and the ability to take risks will be able to sustain it for a long time. Even if they face extreme danger, they will hold onto their Bitcoin, and they will deal with the danger from the money they will create to sustain their Bitcoin investment.
So the only investors who have faith, risk-taking, these things are the only ones who will be able to sustain their Bitcoin investment for a long time with confidence. And the amount of time in Bitcoin investment can be more than a decade.

[Saltysugar99]

In bitcoin investment faith doesn't really matters, it is not how little you start your journeys with that matter but how consistent you accumulate and hold bitcoin for the long term. Because we have low trust when we started accumulating bitcoin shouldn't mean we are not serious investors, we can build it as we consistently accumulate bitcoin. The longer we accumulate bitcoin the more we understand and trust it.

It is important to start investing in Bitcoin to build consistency. And to start, you must have some trust in Bitcoin. And if you do not have trust, then you will be afraid of losing your money, in which case it is very logical to start with a small amount. And after starting, if you develop the habit of investing even with $10 per week, then consistency will also be created. After this, the amount of DCA may increase depending on your mental condition , experience and financial situation. But to build consistency in Bitcoin, it is important to start with a small amount to create a habit.

[Borbb]

Try making use of punctuation next time so that it is easier for your writeup to be ready and understood by others... Let me ask you a question, why are you suggesting that folks requires knowledge of market condition and it's cycles as a requirement for investing? Timing market conditions or whatever else that traders do, isn't a requirement for starting Bitcoin... Discretionary income is all folks need to kickstart their investments, and they can very well learn the rest later...

It’s not an essential need to before you actually start investing into bitcoin, the essential needs are having the capital to invest, the basic knowledge of how to set up one’s wallet, knowledge on how to buy bitcoin and also sell, knowledge on how to safeguard your coins by prioritizing self custody. All this are the necessities need before one should invest into bitcoin.

Bullshit.

You don't need all the items that you list in order to get started investing in bitcoin.  All you need is discretionary funds (such as $10) and common sense, and you can figure out other aspects of your particulars in the order that you choose, since the items that you mention are not prerequisites unless the person chooses to create extra obstacles for himself and to delay getting started.

It's a fine balance.
Learning first can make you avoid stupid errors.
Learning too much makes you delay the investment.
I would say it's necessary to have a certain degree of understanding, a little bit more than common sense, also because the errors you can make in your early phases are difficult to repair.
Privacy, above all.

You're  absolutely right sir I agree with you someone doesn't need to have it all before going into investment just as you said is simple to start up with your discretionary fund as a beginner then have a common idea on your own before you can invest in Bitcoin it doesn't matter learning or making research. And they're some person's that always  have this kind of fear that before starting up investment that it requires a certain amount that is why most people are afraid why some have this kind of mentality that if they invest with a huge capital they will gain without knowing how risky it is.

[cocadalcan]

In bitcoin investment faith doesn't really matters, it is not how little you start your journeys with that matter but how consistent you accumulate and hold bitcoin for the long term. Because we have low trust when we started accumulating bitcoin shouldn't mean we are not serious investors, we can build it as we consistently accumulate bitcoin. The longer we accumulate bitcoin the more we understand and trust it.

It is important to start investing in Bitcoin to build consistency. And to start, you must have some trust in Bitcoin. And if you do not have trust, then you will be afraid of losing your money, in which case it is very logical to start with a small amount. And after starting, if you develop the habit of investing even with $10 per week, then consistency will also be created. After this, the amount of DCA may increase depending on your mental condition , experience and financial situation. But to build consistency in Bitcoin, it is important to start with a small amount to create a habit.

It will take time for a new investor to gain confidence in investing. You are at a very early stage in Bitcoin but you can realize that the price of Bitcoin will rise significantly in the future because of the decentralized and limited supply and the psychological readiness of investors to trust and hold. The time to start Bitcoin is very important for you because at this time your investment knowledge may be relatively limited. Whatever your financial situation, if you have discretionary income every month or every week, accumulate Bitcoin from there in the DCA method. Continue to deposit Bitcoin in this method continuously and continuously for a period of time such as an initial period of 4 years and increase the deposit as your income increases. Even more 4 years continuously and expect for large bitcoin holding.

[ethereumhunter]

In bitcoin investment faith doesn't really matters, it is not how little you start your journeys with that matter but how consistent you accumulate and hold bitcoin for the long term. Because we have low trust when we started accumulating bitcoin shouldn't mean we are not serious investors, we can build it as we consistently accumulate bitcoin. The longer we accumulate bitcoin the more we understand and trust it.

It is important to start investing in Bitcoin to build consistency. And to start, you must have some trust in Bitcoin. And if you do not have trust, then you will be afraid of losing your money, in which case it is very logical to start with a small amount. And after starting, if you develop the habit of investing even with $10 per week, then consistency will also be created. After this, the amount of DCA may increase depending on your mental condition , experience and financial situation. But to build consistency in Bitcoin, it is important to start with a small amount to create a habit.

You should use the money you can afford while you build consistency and trust in Bitcoin. You will see how consistency will lead you to the right track in accumulating Bitcoin without thinking about price fluctuation. You learn that using a small amount will not be a problem. You develop the habit of investing for the long term. You will also learn how to increase the amount of DCA which can gives you more chances to profit in the future. Once the investment starts showing the profit, your trust will increasing and making you wants to keep going on. You realize that you have a long way to go but you will survive because you know how to treat it well.

[Shiny_L@dy]

In bitcoin investment faith doesn't really matters, it is not how little you start your journeys with that matter but how consistent you accumulate and hold bitcoin for the long term. Because we have low trust when we started accumulating bitcoin shouldn't mean we are not serious investors, we can build it as we consistently accumulate bitcoin. The longer we accumulate bitcoin the more we understand and trust it.

It is important to start investing in Bitcoin to build consistency. And to start, you must have some trust in Bitcoin. And if you do not have trust, then you will be afraid of losing your money, in which case it is very logical to start with a small amount. And after starting, if you develop the habit of investing even with $10 per week, then consistency will also be created. After this, the amount of DCA may increase depending on your mental condition , experience and financial situation. But to build consistency in Bitcoin, it is important to start with a small amount to create a habit.

You should use the money you can afford while you build consistency and trust in Bitcoin. You will see how consistency will lead you to the right track in accumulating Bitcoin without thinking about price fluctuation. You learn that using a small amount will not be a problem. You develop the habit of investing for the long term. You will also learn how to increase the amount of DCA which can gives you more chances to profit in the future. Once the investment starts showing the profit, your trust will increasing and making you wants to keep going on. You realize that you have a long way to go but you will survive because you know how to treat it well.

A person  investment strategies,the idea of achieving financial freedom and sovereignty may be more relevant to profitable assets. However, profit may not always be the primary motivation. Holding Bitcoin is often done from a security or store of value perspective. Although price increases create more options, investors are not focused on profit. In this way, they view investing not as a trader, but as part of a long-term personal financial plan.

Traders are more focused on profit, which can be a barrier to building long-term holdings consistently. In long-term investing (4-10 years or more), the amount of profit or loss is not the main impact; what matters is how much Bitcoin is accumulated and the long-term security and freedom is achieved. In Bitcoin investing, instead of striving for profit, the individual regularly invests a certain portion of his income (e.g. 15%) and pursues long-term goals. This means that, regardless of whether or not there is a profit, the investment structure and regular savings are the main process.

✨

[JayJuanGee]

You are right, there is no point in arguing with those who do not understand Bitcoin and I think investing in Bitcoin is not mandatory for everyone but rather giving correct information to those who do not know about Bitcoin, explaining the technology and teaching a long-term perspective so that they can understand for themselves whether investing in Bitcoin is profitable or risky because gaining knowledge about these things is more fruitful for new investors. One thing everyone should keep in mind very well is that Bitcoin conviction comes from knowledge, and knowledge comes through time and learning. So if it is started then it inspires people to learn.

Argument with people without knowledge is a waste of time so when you hear them talk you know if they are knowledgeable or not and those that are most likely to pick up Intrest to want to invest, they need to understand first so know that then they will know the steps to take both everything thing still have to be around if they are ready to learn when you learn you will know that one of the things people do the most when it comes to bitcoin is to hold for a very long time onyl few traders we have been we know the risk and what it take to be a traders so holding is what people like.

People are always taking learning for granted and without learning you can do nothing so first have the knowledge even if it is basics so that when you start you won't even feel cheated because you already have the knowledge and you can even manage to know how to. Buy and sell then every other thing can follow and this is one reason, they will tell. Anyone that is starting to start by learning first that is the most important factor.

I am a bit confused by your post Baki202, since you seem to be implying that there might be some prerequisite level of learning (beyond common sense) that needs to happen before getting started investing in bitcoin.

So frequently, I am trying to emphasize getting started investing in bitcoin, since there are so many normies (no coiners and low coiners) who emphasize knowing about bitcoin or trying to figure out BTC price movements so that they can buy dips, blah blah blah, and many of those folks would be way better off to get started investing in bitcoin as soon as possible, and so the amount that anyone starts out investing with does not need to be large, yet there is an importance in getting started investing in bitcoin as soon as possible rather than getting caught up upon ideas that they need to learn something about bitcoin first or that they need to know anything more than what can be gathered by looking at a bitcoin price chart and seeing that its price is quite volatile and number tends to go up... and so superficial knowledge of bitcoin is fine to start out as long as the person otherwise has the abilities to figure out if he has discretionary income and he has common sense.. .so if he has discretionary income (which is the main prerequisite to figure out), then he is able to use his common sense to figure out a starting investment amount, whether it is $100 or $10 or some other amount, and then set his pace from there in regards to how much time and energy that he is able to dedicate to bitcoin in order to better tailor his in ongoing investment amounts to his individual factors.

Try making use of punctuation next time so that it is easier for your writeup to be ready and understood by others... Let me ask you a question, why are you suggesting that folks requires knowledge of market condition and it's cycles as a requirement for investing? Timing market conditions or whatever else that traders do, isn't a requirement for starting Bitcoin... Discretionary income is all folks need to kickstart their investments, and they can very well learn the rest later...

It’s not an essential need to before you actually start investing into bitcoin, the essential needs are having the capital to invest, the basic knowledge of how to set up one’s wallet, knowledge on how to buy bitcoin and also sell, knowledge on how to safeguard your coins by prioritizing self custody. All this are the necessities need before one should invest into bitcoin.

Bullshit.
You don't need all the items that you list in order to get started investing in bitcoin.  All you need is discretionary funds (such as $10) and common sense, and you can figure out other aspects of your particulars in the order that you choose, since the items that you mention are not prerequisites unless the person chooses to create extra obstacles for himself and to delay getting started.

It's a fine balance.
Learning first can make you avoid stupid errors.
Learning too much makes you delay the investment.
I would say it's necessary to have a certain degree of understanding, a little bit more than common sense, also because the errors you can make in your early phases are difficult to repair.
Privacy, above all.

We might not agree exactly on this point (or perhaps how to express the point), which might boil down to our disagreement regarding what is "common sense" and how common sense might affect how any of us might approach our entrance into bitcoin (as a presumptive newbie).

Surely sometimes if someone is very young, there might be some unrealized lack of common sense due to immaturity, yet I would still like to prefer to presume that 97.5% of folks have common sense, even though from time to time they might need to reign in their common sense so that they are identifying various limitations that they might have in terms of either learning how to invest or getting started investing, to the extent that they might not necessarily have investing skills at the time that they are first getting started investing in bitcoin.

In other words, it is my own thought that lack of knowledge and/or lack of comfort in investing into bitcoin can be moderated based on position size, so maybe a hypothetical person might help with this argument, and so if a brand new bitcoiner comes towards thinking about bitcoin, and let's say that he is in his mid-30s, he does a quickie assessment of his financial situation and he figures out (after maybe an hour of reflection) that he earns about $30k per year ($2,500 per month), and his expenses tend to be around $1,500 per month.  He does not have any other investments and/or savings, so when he comes accross bitcoin, he figures that he needs to get his finances in order by starting to invest in order to prepare for his elderly years, and he is thinking that he would not mind trying to buiild up enough wealth to be able to stop working in his early to mid 50s and maybe bitcoin could fit into the picture of his getting started building in such a direction.

Based on his ballpark assessment (again after a mere hour or so of reflection), he figures that he could pretty easily invest around $100 per week into bitcoin, yet since he ONLY has a superficial understanding of bitcoin, he decides to start out with $30 per week into bitcoin and to study further as he goes.  What is wrong with that?  What is wrong with adjusting the starting out bitcoin position size and learning as he goes?

Why are you suggesting that he should learn any particular thing besides glancing at some bitcoin chart, seeing volatiity and seeing that over the long term number tends to go up.  What else does he need to know to get started?  and why does he need to know it beyond knowing that he has discretionary funds available and common sense and that he can learn as he goes and also that he can make adjustments to his position size as he goes, including that he can later decide to completely abandon his bitcoin  "investment" if he comes to determine that he does not want to invest in bitcoin, yet in the meantime he had been putting $30 per week into it while he was looking into the matter. 

Another thing is that immediately when he gets started he either needs to know from where he is going to start to buy bitcoin, or he has to find that out soon, and so I don't have any problem presuming that he sees any bitcoin exchange that is available and he starts with such bitcoin exchange and the information on the exchange regarding setting up an account and fees associated with buying... Another possibility is that he might either have had heard from a friend/relative that could sell him bitcoin or that he goes to a bitcoin ATM, and in those cases, he might have to have a bitcoin wallet, even though he might not necessarily start out having a bitcoin wallet and I would argue that he does not have to start out with a bitcoin wallet, yet the extent to which a wallet might be necessary in the very beginning may well depend upon what he knows and his need to figure out the sourcing if he just does a quick look at what exchanges are available or that he had just randomly had a conversation with someone who recommended a starting way to source his coins... and surely, I understand the value of self-custody, yet I frequently proclaim that in the very beginning a person does not need to figure out self-custody and they can start out with keeping their coins with a custodian.

Your presumptive arguments about privacy seem to also be something that is potentially secondary, since I really doubt that my hypothetical guy who his getting started with $30 per week is going to be greatly jeopardized by any privacy compromises that he might have had made in the ways that he had chosen his having had gotten started as soon as he figured out that he has discretionary income in the amounts like I already outlined in my above hypothetical.

Surely, there are guys who woudl be coming to bitcoin and already be hyper-aware of privacy, and sure those guys can follow their own common sense that relates to their experiences and expectations, yet if we are referring to the overwhelming majority of normies, I am still going to assert that it is way better to get the fuck started rather than fucking around with excuses of x, y and z, when they already know that they have discretionary funds available at the levels that I described in my hypothetical.  Sure if you would like to change the hypothetical, then shoot me some facts and we will go with your hypothetical guy, yet I doubt that my own selection of a hypothetical is unrealistic or unrepresentative of what a normie newbie might look like.  Yeah, sure you might want to show a younger person so that he might be grappling with different finances, and I don't have any problem with that, yet we still need to outline what such a guy looks like, to the extent that guys in their 20s might also get into similar situations as the guy in his mid-30s, yet guys in their mid-to-early 20s is going to have a lot more time to screw around and screw things up by getting distracted into shitcoins and trading, yet the mere fact that younger guys are ready, willing and/or able to get distracted into bullshit does not mean that we should presume that they will get distracted into bullshit, once they might have a steady income.

Someone who has little faith in investing in Bitcoin or someone who has already invested certainly doesn't understand Bitcoin at all. This applies to those who haven't started investing and oddly enough those who have invested but still lack faith or are hesitant about their actions.

It is in no way problematic when folks start out with little faith and they decide to invest based in how convinced they seem to be at that moment, since they can very well build their convictions as they go and then increase their investments amounts... Conviction is not something that may always be instantaneous for most folks, since it tends to develop with time as they learn more about Bitcoin and see how it works out in practice.. So when you see a newbies with little faith/or conviction, they shouldn't be discouraged since they are still in the learning stage and are still in the process of building their convictions...

When people believe in Bitcoin investment and then they are able to take risks. So the only Bitcoin investment that has confidence in the investment and the ability to take risks will be able to sustain it for a long time. Even if they face extreme danger, they will hold onto their Bitcoin, and they will deal with the danger from the money they will create to sustain their Bitcoin investment.
So the only investors who have faith, risk-taking, these things are the only ones who will be able to sustain their Bitcoin investment for a long time with confidence. And the amount of time in Bitcoin investment can be more than a decade.

The position size can be (and probably should be) adjusted in accordance with the level of faith/confidence.  Guys do not have to have high levels of faith in bitcoin to take a position size that attempts to be aligned with the level of their confidence.  Accordingly, since 2020 I have been recommending normie newbies to come to bitcoin and consider an investment percentage that is 5% to 25% in bitcoin, and surely the end amount is up to them and their financial and psychological circumstances, and they surely can choose to invest outside of the range that I suggest to be the beginning consideration points.  If they are whimpy and they  might not be confident in bitcoin they can either invest towards the bottom of the range or even below the range (while still hopefully getting off zero), and if they are highly confident they can invest towards the higher end of the range or go above the range to the extent that their finances/psychology can handle it (without overdoing it).

[edited out]

You're  absolutely right sir I agree with you someone doesn't need to have it all before going into investment just as you said is simple to start up with your discretionary fund as a beginner then have a common idea on your own before you can invest in Bitcoin it doesn't matter learning or making research. And they're some person's that always  have this kind of fear that before starting up investment that it requires a certain amount that is why most people are afraid why some have this kind of mentality that if they invest with a huge capital they will gain without knowing how risky it is.

You are speaking gobble-dee-gook, Borbb.

[Queen uloma]

Try making use of punctuation next time so that it is easier for your writeup to be ready and understood by others... Let me ask you a question, why are you suggesting that folks requires knowledge of market condition and it's cycles as a requirement for investing? Timing market conditions or whatever else that traders do, isn't a requirement for starting Bitcoin... Discretionary income is all folks need to kickstart their investments, and they can very well learn the rest later...

It’s not an essential need to before you actually start investing into bitcoin, the essential needs are having the capital to invest, the basic knowledge of how to set up one’s wallet, knowledge on how to buy bitcoin and also sell, knowledge on how to safeguard your coins by prioritizing self custody. All this are the necessities need before one should invest into bitcoin.

Bullshit.

You don't need all the items that you list in order to get started investing in bitcoin.  All you need is discretionary funds (such as $10) and common sense, and you can figure out other aspects of your particulars in the order that you choose, since the items that you mention are not prerequisites unless the person chooses to create extra obstacles for himself and to delay getting started.

It's a fine balance.
Learning first can make you avoid stupid errors.
Learning too much makes you delay the investment.
I would say it's necessary to have a certain degree of understanding, a little bit more than common sense, also because the errors you can make in your early phases are difficult to repair.
Privacy, above all.

Yes I agree with you, if you don’t learn or know anything about bitcoin investment you will make a lot of mistakes, so it is very important to learn and understand how bitcoin investment works before you start, and again learning too much will also delay you from investing in bitcoin, so when learning about bitcoin investment focus on the basic principles in bitcoin investment and then start, when you start the investment you will learn more as time goes on so don’t waste time in trying to know everything about bitcoin investment, when I started I didn’t know everything about bitcoin investment it was when I started that I learnt the things I know now.
Some people really don’t know how to protect or secure their wallet address which is one of the major things to know in bitcoin investment.

[odunybiz]

Try making use of punctuation next time so that it is easier for your writeup to be ready and understood by others... Let me ask you a question, why are you suggesting that folks requires knowledge of market condition and it's cycles as a requirement for investing? Timing market conditions or whatever else that traders do, isn't a requirement for starting Bitcoin... Discretionary income is all folks need to kickstart their investments, and they can very well learn the rest later...

It’s not an essential need to before you actually start investing into bitcoin, the essential needs are having the capital to invest, the basic knowledge of how to set up one’s wallet, knowledge on how to buy bitcoin and also sell, knowledge on how to safeguard your coins by prioritizing self custody. All this are the necessities need before one should invest into bitcoin.

Bullshit.

You don't need all the items that you list in order to get started investing in bitcoin.  All you need is discretionary funds (such as $10) and common sense, and you can figure out other aspects of your particulars in the order that you choose, since the items that you mention are not prerequisites unless the person chooses to create extra obstacles for himself and to delay getting started.

It's a fine balance.
Learning first can make you avoid stupid errors.
Learning too much makes you delay the investment.
I would say it's necessary to have a certain degree of understanding, a little bit more than common sense, also because the errors you can make in your early phases are difficult to repair.
Privacy, above all.

The must know before starting Bitcoin investment is the best wallet to use and how you could secure your fund. What important most in Bitcoin investment is your privacy and security. If you can learn to go about this, then I believe others are minor.

[JayJuanGee]

[edited out]

The must know before starting Bitcoin investment is the best wallet to use and how you could secure your fund. What important most in Bitcoin investment is your privacy and security. If you can learn to go about this, then I believe others are minor.

You believe that newbies to bitcoin need to learn how to secure their keys before starting to buy bitcoin?  What are potential options? How long is it going to take them to learn?  How comfortable do you believe that they need to be, before starting to buy bitcoin?

Do you have a certain kind of user in mind based on age and/or abilities or do you consider such a standard to apply to everyone who wants to buy bitcoin (or bitcoin exposure)?

Did you read my post responding to fillippone in order to attempt to account for my ideas on the topic?  What do you think of my ideas in response or any of my other bitcoin-related investment ideas (since that is the title of the thread?)?

[Donneski]

[edited out]

The must know before starting Bitcoin investment is the best wallet to use and how you could secure your fund. What important most in Bitcoin investment is your privacy and security. If you can learn to go about this, then I believe others are minor.

You believe that newbies to bitcoin need to learn how to secure their keys before starting to buy bitcoin?  What are potential options? How long is it going to take them to learn?  How comfortable do you believe that they need to be, before starting to buy bitcoin?

Do you have a certain kind of user in mind based on age and/or abilities or do you consider such a standard to apply to everyone who wants to buy bitcoin (or bitcoin exposure)?

Did you read my post responding to fillippone in order to attempt to account for my ideas on the topic?  What do you think of my ideas in response or any of my other bitcoin-related investment ideas (since that is the title of the thread?)?

I don’t think a beginner needs to master key management before buying their first sats, but they should at least understand why it matters.

A small start on a simple wallet can work as a learning phase. The important part is developing the habit early and understanding that eventually the responsibility for security has to shift to them if they plan to hold long term.

[abaeze]

Argument with people without knowledge is a waste of time so when you hear them talk you know if they are knowledgeable or not and those that are most likely to pick up Intrest to want to invest, they need to understand first so know that then they will know the steps to take both everything thing still have to be around if they are ready to learn when you learn you will know that one of the things people do the most when it comes to bitcoin is to hold for a very long time onyl few traders we have been we know the risk and what it take to be a traders so holding is what people like.

People are always taking learning for granted and without learning you can do nothing so first have the knowledge even if it is basics so that when you start you won't even feel cheated because you already have the knowledge and you can even manage to know how to. Buy and sell then every other thing can follow and this is one reason, they will tell. Anyone that is starting to start by learning first that is the most important factor.

I am a bit confused by your post Baki202, since you seem to be implying that there might be some prerequisite level of learning (beyond common sense) that needs to happen before getting started investing in bitcoin.

So frequently, I am trying to emphasize getting started investing in bitcoin, since there are so many normies (no coiners and low coiners) who emphasize knowing about bitcoin or trying to figure out BTC price movements so that they can buy dips, blah blah blah, and many of those folks would be way better off to get started investing in bitcoin as soon as possible, and so the amount that anyone starts out investing with does not need to be large, yet there is an importance in getting started investing in bitcoin as soon as possible rather than getting caught up upon ideas that they need to learn something about bitcoin first or that they need to know anything more than what can be gathered by looking at a bitcoin price chart and seeing that its price is quite volatile and number tends to go up... and so superficial knowledge of bitcoin is fine to start out as long as the person otherwise has the abilities to figure out if he has discretionary income and he has common sense.. .so if he has discretionary income (which is the main prerequisite to figure out), then he is able to use his common sense to figure out a starting investment amount, whether it is $100 or $10 or some other amount, and then set his pace from there in regards to how much time and energy that he is able to dedicate to bitcoin in order to better tailor his in ongoing investment amounts to his individual factors.

You have said the most correct and effective way which is suitable for everyone especially those who have not started investing in Bitcoin yet but want to start. Many people never start if they wait to learn more, so the most realistic way is to start investing with small amounts and learn gradually. But of course, you need to have a little idea first.

For example: A friend of mine's younger brother heard about Bitcoin three years ago and he wants to invest but he will learn first and then invest. The sad thing is that his accumulation has not started yet. So if someone says "I will never buy Bitcoin until I learn it completely", then he may not be able to start even in 5 years. But if he starts with $20 and keeps learning, then he will gain experience quickly and can gradually increase the accumulation.

[Showlove01]

[edited out]

The must know before starting Bitcoin investment is the best wallet to use and how you could secure your fund. What important most in Bitcoin investment is your privacy and security. If you can learn to go about this, then I believe others are minor.

You believe that newbies to bitcoin need to learn how to secure their keys before starting to buy bitcoin?  What are potential options? How long is it going to take them to learn?  How comfortable do you believe that they need to be, before starting to buy bitcoin?

Do you have a certain kind of user in mind based on age and/or abilities or do you consider such a standard to apply to everyone who wants to buy bitcoin (or bitcoin exposure)?

Did you read my post responding to fillippone in order to attempt to account for my ideas on the topic?  What do you think of my ideas in response or any of my other bitcoin-related investment ideas (since that is the title of the thread?)?

I don’t think a beginner needs to master key management before buying their first sats, but they should at least understand why it matters.

A small start on a simple wallet can work as a learning phase. The important part is developing the habit early and understanding that eventually the responsibility for security has to shift to them if they plan to hold long term.

What do you mean by key management? There is nothing like key management and of course an investor should have a management skill before starting their Bitcoin investment because without management skill it will be difficult for an investor to make some decisions. You maybe mistaken knowledge to management because an investor doesn't really need to know or have all the knowledge for a start, what they need to start is the basic knowledge.