JJG’s Outline of Bitcoin Investment Ideas

[Odohu]

Just looking at bitcoins history over the past couple of years will provide anyone with all the data the need on how bitcoin has performed, understanding that bitcoin is volatile is also very important but there isn't much to learn on how volatility works, or at least an investor doesn't need to dig too DIP before they can start investing,  especially when it comes to analyzing the bitcoin market cycle to see when it's the best time to buy and when it's t r best time to take profit from their investment, this behaviour is definitely not what you will see in an investor but instead in a trader, bitcoin investment is long term, the moment you decide to do it short term you have already declared yourself to be a trader and if you are investor doing it long term then you have no practical reason to try to learn about the market cycles, how the move and how long they last in an attempt to figure out the best time to buy, everytime is best to buy for an investor especially when that investor is investing using the DCA.

Anyone who is digging much to have a knowledge about bitcoin is really wasting time because in bitcoin investment those knowledge they are seeking or looking for are not really necessary. people that always dig so much to know or understand everything about bitcoin are folks that want to mess around with bitcoin but most times bitcoin always prove them wrong that they can not mess around with it and go free and that is the reason why we should not think of trading or gamble with bitcoin because the possibility of us losing our money is very high and the trauma that do comes after loss can be unbearable sometimes.

You are wrong Sir, having good knowledge is not a waste please, don't make people believe that there is a knowledge that is a waste in Bitcoin. We know that a new investor simply need the basic knowledge of Bitcoin to get started but with time, he will need to further his understanding of Bitcoin so he will be able to know how to protect himself from the security threats we are seeing everyday. For instance, using a hardware wallet and adding other security measures that has to do with it is not a straightforward something. Similarly, running a node or setting up LN is something not also straightforward but important for Bitcoin users. Furthermore, you need to keep yourself updated on the aspect of security threats that are always increasing.

Complete knowledge of Bitcoin is not needed to get started but gaining more knowledge in Bitcoin is not a waste. Don't allow yourself to get stuck in one place so you will be able to buy Bitcoin, HODL and be able to protect the investment.

[Arenga pinnata]

Anyone who is digging much to have a knowledge about bitcoin is really wasting time because in bitcoin investment those knowledge they are seeking or looking for are not really necessary. people that always dig so much to know or understand everything about bitcoin are folks that want to mess around with bitcoin but most times bitcoin always prove them wrong that they can not mess around with it and go free and that is the reason why we should not think of trading or gamble with bitcoin because the possibility of us losing our money is very high and the trauma that do comes after loss can be unbearable sometimes.

Still, a basic understanding is necessary. After all, how can a beginner feel confident about making a long-term investment without understanding Bitcoin, which holds great potential for the future?

So I think digging deeper isn’t a problem if someone is willing to do it, especially since this involves long-term investing, which is closely tied to one’s long-term financial future. Therefore, thinking things through carefully, studying thoroughly, and making solid preparations are ultimately necessary.

Unless, of course, someone immediately recognizes Bitcoin’s immense potential at a glance and starts investing little by little. In that process, they can learn about Bitcoin while continuously accumulating holdings. Personally, I’ve almost taken this path myself. I saw the potential and jumped in. and I’ve continued to learn more about it as I go along, just as I am doing now. What you must not do is be afraid to take a step or be afraid to make a deccision at all. So that while others have already stepped in, you remain stuck at the entrance, unable to move.

[Proty]

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You are wrong Sir, having good knowledge is not a waste please, don't make people believe that there is a knowledge that is a waste in Bitcoin. We know that a new investor simply need the basic knowledge of Bitcoin to get started but with time, he will need to further his understanding of Bitcoin so he will be able to know how to protect himself from the security threats we are seeing everyday. For instance, using a hardware wallet and adding other security measures that has to do with it is not a straightforward something. Similarly, running a node or setting up LN is something not also straightforward but important for Bitcoin users. Furthermore, you need to keep yourself updated on the aspect of security threats that are always increasing.

Complete knowledge of Bitcoin is not needed to get started but gaining more knowledge in Bitcoin is not a waste. Don't allow yourself to get stuck in one place so you will be able to buy Bitcoin, HODL and be able to protect the investment.

I wonder what makes him feels that way . The fact that they said having a basic knowledge is okay for starting to invest in bitcoin this doesn't mean that there won't be need for learning more or wanting to know more is useless. He needs to understand that to hold bitcoin for a long term requires more knowledge and understanding

[SmartCharpa]

This is true what you say but if there is a question then what does everyone expect in accumulating Bitcoin if the guarantee of profit cannot be guaranteed?

There is no guarantee of profit when investing in Bitcon since the market is unpredictable. The market is all about up and down, so there is chance of losing everything you own, if you invest without the proper knowledge. Do you believe that Bitcoin investment does not involve risks? Despite that many investors consider it as a safe investment doesn’t mean risk is not involve as well. Nobody understands what the market will look tomorrow, that is why there is no guarantee of making of profit, but we believe it future will be better due it past history and the previous history does not also guarantee the future result.

If you don’t want anyone to hold you responsible for their losses, don’t encouraged anyone to invest thinking that making profits is guaranteed, anything can still happen, nobody can tell if the market will crash or go down anytime. Just invest in your own convenience. If it is $10 you can afford, it is enough for everyone to start somewhere, nobody should over do thinking they should invest a lot of money in order to get a huge profit in return.

[DubemIfedigbo001]

We can divide these funds into three levels, such as emergency fund, reserve fund, cash fund. These funds are created to deal with all our financial disasters.

Wrong , the the levels of discretionary income are investment fund, saving(which includes emergency fund and reserve fund) and discretionary consumption. If the investor is just starting out, he may want to give a good priority to building out backup funds and may wish to divide his discretionary income into 3 equal parts, 1 party for Bitcoin purchase, the second for building backup funds and the last party for his discretionary consumption. When he's built out his emergency fund to be at least 3 months worth of his expenses budget, he might want to relocate funds in into his buying Bitcoin in order to increase his aggressiveness.

With good cashflow management practice, you'll have enough cash cushion that you'll not be tapping into your Bitcoin when faced with a challenge, but use your respective backup funds to handle it, and if it's an emergency that's huge such that it outweighs your reserve fund, then you use your emergency fund to handle it.

We need to build trust in Bitcoin to deal with market volatility. Emergency funds, reserve funds, these funds will never help you reduce market risk or help you cope with the fall when the market falls. Build trust in Bitcoin, then you will not be afraid of market volatility.

If the investor gets into Bitcoin without much confidence, then he should start small and be consistent in it until he's learned more and his confidence in Bitcoin increases and as such he can increase his buying amounts. You don't really have to focus on the market sections but in your consistent purchases so that you'll not be distracted while you build out a good stash of Bitcoin for yourself.

[Ashawowo(OS)]

Anyone who is digging much to have a knowledge about bitcoin is really wasting time because in bitcoin investment those knowledge they are seeking or looking for are not really necessary. people that always dig so much to know or understand everything about bitcoin are folks that want to mess around with bitcoin but most times bitcoin always prove them wrong that they can not mess around with it and go free and that is the reason why we should not think of trading or gamble with bitcoin because the possibility of us losing our money is very high and the trauma that do comes after loss can be unbearable sometimes.

Aspiring for more knowledge about Bitcoin is not a bad idea, the only problem is when a new investor who has discretionary income delays his investment journey simply because he's waiting to gain all that knowledge, then it becomes a misplaced priority and a waste of time which he has used to get further ahead in his accumulation journey. Bitcoin is best learned practically while the investor stays in the market consistently buying and holding Bitcoin. Bitcoin is broad and waiting to learn a lot about it would take a long time and the investor might not even agree to learning enough and as such continue to delay his investment or even at worst end up not investing at all and missing out totally.

This is why only basic knowledge which is being able to identify to having discretionary income is required to start, other knowledge can be learned along the way.

[ChocolateBitcoinK]

.

You are wrong Sir, having good knowledge is not a waste please, don't make people believe that there is a knowledge that is a waste in Bitcoin. We know that a new investor simply need the basic knowledge of Bitcoin to get started but with time, he will need to further his understanding of Bitcoin so he will be able to know how to protect himself from the security threats we are seeing everyday. For instance, using a hardware wallet and adding other security measures that has to do with it is not a straightforward something. Similarly, running a node or setting up LN is something not also straightforward but important for Bitcoin users. Furthermore, you need to keep yourself updated on the aspect of security threats that are always increasing.

Complete knowledge of Bitcoin is not needed to get started but gaining more knowledge in Bitcoin is not a waste. Don't allow yourself to get stuck in one place so you will be able to buy Bitcoin, HODL and be able to protect the investment.

I wonder what makes him feels that way . The fact that they said having a basic knowledge is okay for starting to invest in bitcoin this doesn't mean that there won't be need for learning more or wanting to know more is useless. He needs to understand that to hold bitcoin for a long term requires more knowledge and understanding

Having basic knowledge is enough to start investing in Bitcoin, but its achievement does not mean that we will not do any more research. Here they need to understand that we need basic knowledge to start, just to start, and after starting we should definitely do more research, learn about Bitcoin, then we will be more confident in maintaining our investment, and be more persistent in our goal, but if we are limited to that basic knowledge at the time of our start, then our long-term investment journey will not be easy. So we need to have a clear idea about the need for knowledge to start and the need for knowledge to maintain it in the long term. Because when the learning process stops, decisions gradually become based on guesswork or emotion, which is risky in the long term.

[whiteblue]

Anyone who is digging much to have a knowledge about bitcoin is really wasting time because in bitcoin investment those knowledge they are seeking or looking for are not really necessary. people that always dig so much to know or understand everything about bitcoin are folks that want to mess around with bitcoin but most times bitcoin always prove them wrong that they can not mess around with it and go free and that is the reason why we should not think of trading or gamble with bitcoin because the possibility of us losing our money is very high and the trauma that do comes after loss can be unbearable sometimes.

Aspiring for more knowledge about Bitcoin is not a bad idea, the only problem is when a new investor who has discretionary income delays his investment journey simply because he's waiting to gain all that knowledge, then it becomes a misplaced priority and a waste of time which he has used to get further ahead in his accumulation journey. Bitcoin is best learned practically while the investor stays in the market consistently buying and holding Bitcoin. Bitcoin is broad and waiting to learn a lot about it would take a long time and the investor might not even agree to learning enough and as such continue to delay his investment or even at worst end up not investing at all and missing out totally.

This is why only basic knowledge which is being able to identify to having discretionary income is required to start, other knowledge can be learned along the way.

Every Investor certainly has basic investment knowledge, But investing in Bitcoin requires only a few key steps to secure our assets, Such as creating a personal wallet, Avoiding trusting third parties like exchanges, and consistently buying bitcoin.
As the investment progresses, Investors will learn what they need to do to hold Bitcoin for the long term.

However, In investing, there are certain fatal mistakes, and that's why many fail to hold Bitcoin, Such as worry and being swayed by unclear rumors. While there are many things about Bitcoin that need to be understood, these will generally become self evident if investors are truly confident in their long term investment.

[Rockstarguy]

Aspiring for more knowledge about Bitcoin is not a bad idea, the only problem is when a new investor who has discretionary income delays his investment journey simply because he's waiting to gain all that knowledge, then it becomes a misplaced priority and a waste of time which he has used to get further ahead in his accumulation journey. Bitcoin is best learned practically while the investor stays in the market consistently buying and holding Bitcoin. Bitcoin is broad and waiting to learn a lot about it would take a long time and the investor might not even agree to learning enough and as such continue to delay his investment or even at worst end up not investing at all and missing out totally.

This is why only basic knowledge which is being able to identify to having discretionary income is required to start, other knowledge can be learned along the way.

The most important thing to know as a beginner investing in Bitcoin is to understand the basic fact that Bitcoin investment is volatile, requires a source of income, and necessitates discretionary income. Knowing that Bitcoin investment is a long-term endeavor, you must ensure that holding is the target.

Understanding all this is not a big deal, and with this knowledge, it is very possible for one to invest in Bitcoin. If you are waiting to acquire all the knowledge about Bitcoin, you will never invest. Gain an understanding of the basics, and over time, as you invest, you will gain a lot of experience and insight into Bitcoin. You need to start to understand certain aspects.

[GeorgeJohn]

This is true what you say but if there is a question then what does everyone expect in accumulating Bitcoin if the guarantee of profit cannot be guaranteed?

There is no guarantee of profit when investing in Bitcon since the market is unpredictable. The market is all about up and down, so there is chance of losing everything you own, if you invest without the proper knowledge.

Bitcoin investment is all about risky, and it needs an adequate precaution that requires the following before you invest..

1. Research analysis

2. Observations

3. Market determinants

This three thing's are very necessary something that we need to understand, when investing in Bitcoin, because if you dont know about and invest in bitcoin, you can be depressed if the price crashes, and that's why i prefer using a spare capital to invest when I have not known bitcoin too well...

Basically, if you make a research about bitcoin, you will know when to invest without having remorse...Even if you observe the current situation of bitcoin before investing, you most found out what will benefit you during the investment and after the investment....Market determinants can be observed during research, so all this worked together if you want to execute a good investment...

[Cyber_warrior]

This is true what you say but if there is a question then what does everyone expect in accumulating Bitcoin if the guarantee of profit cannot be guaranteed?

If profit is guaranteed then everyone will just as well sell their properties to invest so they cash out bigger in a few years. Profit is never guaranteed that's why we invest with money we can afford to lose. Bitcoin investment does not guarantee profits instead it goes down to probability. People invest hoping that Bitcoin will foe well in future and not because they are certain about it success.

There is no guarantee of profit when investing in Bitcon since the market is unpredictable. The market is all about up and down, so there is chance of losing everything you own, if you invest without the proper knowledge. Do you believe that Bitcoin investment does not involve risks? Despite that many investors consider it as a safe investment doesn’t mean risk is not involve as well. Nobody understands what the market will look tomorrow, that is why there is no guarantee of making of profit, but we believe it future will be better due it past history and the previous history does not also guarantee the future result.

When you invest in Bitcoin and the market fails to perform well you are not losing everything you own, you don't stop owning it, it just keeps losing its value but the number of Bitcoins owned remains the same. You will lose everything if you sell instead of holding.

[DubemIfedigbo001]

This is true what you say but if there is a question then what does everyone expect in accumulating Bitcoin if the guarantee of profit cannot be guaranteed?

There is no guarantee of profit when investing in Bitcon since the market is unpredictable. The market is all about up and down, so there is chance of losing everything you own, if you invest without the proper knowledge.

Bitcoin investment is all about risky, and it needs an adequate precaution that requires the following before you invest..

1. Research analysis

2. Observations

3. Market determinants

This three thing's are very necessary something that we need to understand, when investing in Bitcoin, because if you dont know about and invest in bitcoin, you can be depressed if the price crashes, and that's why i prefer using a spare capital to invest when I have not known bitcoin too well...

I doubt a newbie investor really needs to come to terms with all these factors before starting out his investment journey, he only needs to be sure of having discretionary income to start his investment journey, these are ambiguous concepts and it would take a lot of time to learn then all which would cause unnecessary delay for the investor to start buying and holding Bitcoin. Of course he can start right away and get to learn about other important things while he advances into his investment journey. If he's focused on learning for longer, he may clog up his mind with so much theoretical knowledge and never agree to have learned enough to get practical with his investment journey by actually buying Bitcoin.

Basically, if you make a research about bitcoin, you will know when to invest without having remorse...Even if you observe the current situation of bitcoin before investing, you most found out what will benefit you during the investment and after the investment....Market determinants can be observed during research, so all this worked together if you want to execute a good investment...

There no specific time to buy, this your advice comes off as trading mindset, with DCA, every time is a good investment time as long as you continue having discretionary income, a new investor should be focused on consistency in his purchases despite market sentiments at least until after building out a fairly decent stash for himself and getting far ahead in his accumulation journey. DCA allows the investor to buy at lower prices as well as higher prices and averages the price nicely for the investor to smoothen the effect of Bitcoin price volatility on his investment. so there's no need to wait for favorable moments to purchase, especially when you're still a low coiner or a no coiner

[Homemade-IQ]

This is true what you say but if there is a question then what does everyone expect in accumulating Bitcoin if the guarantee of profit cannot be guaranteed?

There is no guarantee of profit when investing in Bitcon since the market is unpredictable. The market is all about up and down, so there is chance of losing everything you own, if you invest without the proper knowledge.

Bitcoin investment is all about risky, and it needs an adequate precaution that requires the following before you invest..

1. Research analysis

2. Observations

3. Market determinants

This three thing's are very necessary something that we need to understand, when investing in Bitcoin, because if you dont know about and invest in bitcoin, you can be depressed if the price crashes, and that's why i prefer using a spare capital to invest when I have not known bitcoin too well...

Basically, if you make a research about bitcoin, you will know when to invest without having remorse...Even if you observe the current situation of bitcoin before investing, you most found out what will benefit you during the investment and after the investment....Market determinants can be observed during research, so all this worked together if you want to execute a good investment...

You are going to far sir, because I believe that a newbie doesn't need all that to get started, if not, it might delay his accumulation.
What a bitcoin investor needs in other to start investing in Bitcoin is the basic knowledge on Bitcoin, and the discretionary income needed to buy and accumulate consistently, then along the line he can start looking for further knowledge on what he needs to put in place, in other to be able to hold strong, which are emergency and reserve funds, but for a start, what he just need is the basic knowledge on Bitcoin and a discretionary income to start with, the rest are secondary.

[Catenaccio]

You are going to far sir, because I believe that a newbie doesn't need all that to get started, if not, it might delay his accumulation.
What a bitcoin investor needs in other to start investing in Bitcoin is the basic knowledge on Bitcoin, and the discretionary income needed to buy and accumulate consistently, then along the line he can start looking for further knowledge on what he needs to put in place, in other to be able to hold strong, which are emergency and reserve funds, but for a start, what he just need is the basic knowledge on Bitcoin and a discretionary income to start with, the rest are secondary.

OP needs something basics and simple to start, so I recommend them the Dollar Cost Averaging strategy that is described in my thread with a tool for DCA investment estimation.

Dollar Cost Averaging with costavg.com include exchange fee.
https://costavg.com/

There are more DCA websites but generally they can give DCA investment estimation so that newbies can see how good and profitable DCA strategy works for their investment. It's enough for newbies to feel interested in Bitcoin investment, with DCA strategy, for their beginnings.

[JayJuanGee]

Accordingly, another good thing for the newbie to have is common sense so that he can both identify areas that he needs to learn, but also so that he can adapt his position size to his comfort level, and so if he  is not comfortable with his position size, then he likely would need to adjust his position size to the comfort level and learn some more until he becomes more comfortable to increase his position size, and ultimately, the bitcoin investor is going to want to invest as aggressively as he is able to without over doing it... which is another thing that is good about having common sense which is going to help with the balancing process since a person with common sense is not going to want to gamble and is not going to want to lose money.

I think this isn't just aimed at beginners but rather at everyone so we can better understand how with common sense we can identify areas that need to be learned to adjust our position size. Therefore this discussion is more general in my opinion.

I don't consider newbies as a denigrating term, but instead a descriptive term, especially that it could take a newbie more than a whole cycle to graduate out of newbie status, and surely there are likely a lot of guys who conclude too early that they had graduated out of newbie status, which also likely negatively affects their building up of both their bitcoin investment and also negatively affects their building up and strengthening their cashflow management systems/practices. 

Comfort also needs to be improved because every activity carried out is certainly the front guard that is desired not other problems because if this problem has been achieved of course every portion owned will be easier to carry out especially in investing of course this is something that is really needed by them in helping balance for all parties so that everything done by parties related to investment is certainly the goal of protecting against the loss of money owned by each of those who do it.

 
You seem to be largely reinforcing my considering that guys likely should consider themselves in newbie status for quite a while during the period that they are getting used to building up their bitcoin stash and also strengthening their cashflow management in ways that are comfortable for their own perceptions of their situation and the progress that they might be making in regards to building up their bitcoin holdings and strengthening their cashflow management practices, which yeah, of course, I acknowledged that guys are going to come to bitcoin with varying levels of experience, knowledge and/or organization skills, so some guys are going to be more advantaged than  others in terms of their learning and their practicing and how long it might take them to reasonably graduate out of newbie status.

Just because you have extra money when you start investing does not mean you can continue your investment continuously. We need a source of discretionary income to invest. Just because you have extra money does not mean you can continue investing continuously.

I get your point but you misunderstand the fact that Bitcoin doesn't need a perfect start because you are still a beginner, what you must know is that you should only invest when you have any leftover money which is known as your discretionary income. You only need to invest with your discretionary incomes after you must have settled all your necessary bills, it is not a must to invest consistently because it is not advised to invest with money for your survival which also makes it clear that if you only have money for survival you must use it for yourself and only invest when you have some leftovers.
Even for the fact that it is very good to invest into Bitcoin consistently (probably daily, weekly or monthly), you can also invest whenever you have spare money to buy Bitcoin, because Bitcoin investment also allows flexibility and also makes it very clear that it's not a must do but everyday (of you don't have money we all already know that money doesn't just come out from anywhere).

A person needs to acquire basic knowledge first and then he can start investing. Otherwise, if a person starts investing without basic knowledge, he is jumping into the fire.

If a person doesn't have the basic knowledge to invest in Bitcoin they they can learn, but they can't learn without making practice. Basic knowledge about investing into Bitcoin is not supposed to delay someone who's interested to invest in Bitcoin because all they need to know is how to buy and how to secure their seed phrase and the rest.
After that they can learn the rest things while they are investing, they can start buying Bitcoin with small amount of money. As an investor that haven't understand what he's doing, it's very necessary for them to start small because starting small gives them the opportunity to understand the market as time goes.

From the content of your post, I understand that you think starting a new investment is very risky. But what's the greater risk if you are not willing to take one? Not just one but the one with a solid structure.
If you are scared of any investment, then you should stat small, by starting small you will have the chance to learn and understand the investment and you will not also be taking any big risk while investing, but you should never forget to start with the spare money you have. If you don't have any spare money then you don't invest because it is not wise to invest with money for your survival. Investing with your discretionary income gives you the chance of not selling early whenever you are having any financial challenges because you must have settled your necessary bills and also keep some cash separately for emergency inc.

I agree with your post Bright0515, yet a person does not need to figure out private wallets or securing their keys before getting started investing into bitcoin.

You are wrong Sir, having good knowledge is not a waste please, don't make people believe that there is a knowledge that is a waste in Bitcoin. We know that a new investor simply need the basic knowledge of Bitcoin to get started but with time, he will need to further his understanding of Bitcoin so he will be able to know how to protect himself from the security threats we are seeing everyday. For instance, using a hardware wallet and adding other security measures that has to do with it is not a straightforward something. Similarly, running a node or setting up LN is something not also straightforward but important for Bitcoin users. Furthermore, you need to keep yourself updated on the aspect of security threats that are always increasing.

Complete knowledge of Bitcoin is not needed to get started but gaining more knowledge in Bitcoin is not a waste. Don't allow yourself to get stuck in one place so you will be able to buy Bitcoin, HODL and be able to protect the investment.

I wonder what makes him feels that way . The fact that they said having a basic knowledge is okay for starting to invest in bitcoin this doesn't mean that there won't be need for learning more or wanting to know more is useless. He needs to understand that to hold bitcoin for a long term requires more knowledge and understanding

We likely need to consider knowledge, skills and/or abilities to be an optional area, and each person can choose their level, and surely we do not need much knowledge beyond being able to figure out whether we have discretionary income to get started, yet it would seem that if we recognize that we don't have much knowledge about bitcoin or many skills, we likely would be in a situation where we could not invest very much into bitcoin and/or we could not invest very aggressively into bitcoin until we make sure that we are comfortable with increasing our investment aggressiveness.

Folks will likely pay the consequences if they invest beyond their comfort or beyond an appropriate knowledge level, yet each person is responsible to figure out those kinds of balancing matters and surely there are some folks who are less curious than others, and when it comes to bitcoin, they might put themselves at a disadvantage if they start to invest into bitcoin, yet they choose to not spend any time learning anything about it... .... yet if they are investing into bitcoin within parameters of their discretionary income and they have their discretionary income figured out, then they can informedly make choices to ONLY take a relatively small position in bitcoin from their perspective and choose to not learn about it, since they consider that their position size is appropriate towards what they had chosen to do.  Levels of aggressiveness or whimpiness in relation to bitcoin are individual choices.

This is true what you say but if there is a question then what does everyone expect in accumulating Bitcoin if the guarantee of profit cannot be guaranteed?

There is no guarantee of profit when investing in Bitcon since the market is unpredictable. The market is all about up and down, so there is chance of losing everything you own, if you invest without the proper knowledge.

Bitcoin investment is all about risky, and it needs an adequate precaution that requires the following before you invest..
1. Research analysis
2. Observations
3. Market determinants

This three thing's are very necessary something that we need to understand, when investing in Bitcoin, because if you dont know about and invest in bitcoin, you can be depressed if the price crashes, and that's why i prefer using a spare capital to invest when I have not known bitcoin too well...

Basically, if you make a research about bitcoin, you will know when to invest without having remorse...Even if you observe the current situation of bitcoin before investing, you most found out what will benefit you during the investment and after the investment....Market determinants can be observed during research, so all this worked together if you want to execute a good investment...

Have you read the thread?  Do you know where you are at?  Get the fuck out of here with your nonsense proclamations of requirements and not even trying to relate them to the thread.

All a guy needs to get started investing in bitcoin is discretionary funds and common sense.  He does not need to engage in market analysis to get started... In fact, newbie bitcoin come from all kinds of places in terms of their knowledge, skills, experiences, and capital, so surely he may well need to adapt his starting amount of investment into bitcoin to his own situation, yet the most important thing for him to figure out is whether he has discretionary funds or not and he can figure out if he is going to start with $100, $10 or some other amount, and then if he continues to look into bitcoin, the next week, he can make a similar assessment about whether he has discretionary funds or not... and yeah, hopefully he will identify if there might be things that he needs to learn, yet he can still get started investing while he learns about areas he has identified for himself.. and likely the most important determination relate to his ongoing discretionary funds so that he can DCA.. and maybe he will DCA buy into bitcoin for 4-10 years or longer and continue to learn as he goes, and perhaps the first several years, the BTC price  or analysis about the price might not be very central to his determinations about how much bitcoin to buy each week.. at least in light of his 9 individual factors, which are ongoingly learned, but don't need to be learned prior to getting started investing into bitcoin.

You are going to far sir, because I believe that a newbie doesn't need all that to get started, if not, it might delay his accumulation.
What a bitcoin investor needs in other to start investing in Bitcoin is the basic knowledge on Bitcoin, and the discretionary income needed to buy and accumulate consistently, then along the line he can start looking for further knowledge on what he needs to put in place, in other to be able to hold strong, which are emergency and reserve funds, but for a start, what he just need is the basic knowledge on Bitcoin and a discretionary income to start with, the rest are secondary.

OP needs something basics and simple to start, so I recommend them the Dollar Cost Averaging strategy that is described in my thread with a tool for DCA investment estimation.
Dollar Cost Averaging with costavg.com include exchange fee.
https://costavg.com/
There are more DCA websites but generally they can give DCA investment estimation so that newbies can see how good and profitable DCA strategy works for their investment. It's enough for newbies to feel interested in Bitcoin investment, with DCA strategy, for their beginnings.

All fine and dandy @Catenaccio that you want to promote your thread within this thread and to promote DCA investing into bitcoin, yet have you even attempted to relate your post to the topic of this particular thread? Of course, I talk about DCA in this thread and within the context of my various bitcoin investment ideas, but still, think about it, there are 86 pages in this thread.

[alankasman]

I don't consider newbies as a denigrating term, but instead a descriptive term, especially that it could take a newbie more than a whole cycle to graduate out of newbie status, and surely there are likely a lot of guys who conclude too early that they had graduated out of newbie status, which also likely negatively affects their building up of both their bitcoin investment and also negatively affects their building up and strengthening their cashflow management systems/practices. 

I also say this not to support those who come as beginners but to encourage them. The more we motivate them the more likely they are to join in investing in Bitcoin even if they come with limited resources.

Indeed what you said is true which provides an illustration only as a form of terminology but sometimes the understanding taken by beginners will make them feel pressured so that in the end they do not take part in making investments that they actually really want to start especially since our goal is actually the same in meaning to avoid them also from experiencing the risks they will receive and this is the problem that they should think about in the discussion especially since we are not only to question whether they can or cannot do it but also things regarding the positive or negative that they might have to accept when there is an increase or decrease that has an impact on strengthening the system/practice of their cash flow management as beginners.

[Black Panda]

Anyone that Is considering the price decline like you said as a great opportunity to increase their Bitcoin accumulation is not a Real and serious investor because who will be considering something that is not certain or guarantee as a great opportunity in fact that is lack of Bitcoin knowledge because someone who knows better should be able to understand that Bitcoin doesn't work like that and that is not the right or best way to approach Bitcoin because you will be left behind as the decline may not even come or get to where you expect it to...

As you said, I completely agree that those who consider this price drop as just a great opportunity to increase their Bitcoin savings are not real or prudent investors, but another thing is that if an investor faces this price drop while buying Bitcoin regularly, then maybe he can easily increase his Bitcoin savings by aggressive buying. In fact, only those who are looking forward to the price drop should understand that BTC investment does not work like this and it is not the right or best way to increase Bitcoin investment.

According to my knowledge, I would like to mention that to increase Bitcoin savings, one has to make a timely decision and adopt patience and the right mindset and also ensure that there is regular involvement with Bitcoin investment i.e. there is an attempt to buy regularly.

You are going to far sir, because I believe that a newbie doesn't need all that to get started, if not, it might delay his accumulation.
What a bitcoin investor needs in other to start investing in Bitcoin is the basic knowledge on Bitcoin, and the discretionary income needed to buy and accumulate consistently, then along the line he can start looking for further knowledge on what he needs to put in place, in other to be able to hold strong, which are emergency and reserve funds, but for a start, what he just need is the basic knowledge on Bitcoin and a discretionary income to start with, the rest are secondary.

OP needs something basics and simple to start, so I recommend them the Dollar Cost Averaging strategy that is described in my thread with a tool for DCA investment estimation.

Dollar Cost Averaging with costavg.com include exchange fee.
https://costavg.com/

There are more DCA websites but generally they can give DCA investment estimation so that newbies can see how good and profitable DCA strategy works for their investment. It's enough for newbies to feel interested in Bitcoin investment, with DCA strategy, for their beginnings.

 Look, maybe I do not see any need for new investors to follow different websites to start, because it is better to start investing, so we can easily learn the basic knowledge about this investment by looking at some posts on this forum, which is easier than following the website.  In fact, the basic principles of Bitcoin investing are to have a source of income, discretionary income, and an emergency fund that will allow you to invest regularly and become self-reliant.

[Nheer]

In fact, the basic principles of Bitcoin investing are to have a source of income, discretionary income, and an emergency fund that will allow you to invest regularly and become self-reliant.

When all three are in place, it becomes much easier to invest regularly and stay consistent but to start investing you don't necessarily have to put all in place. Discretionary income is the most important that's required before you start investing, all others can be arranged with your investment on the way.

Source of income helps to maintain a consistent accumulation while emergency funds protect your investment and keep them running for a long period of time but they don't stop you from getting started, with discretionary income available you should invest right away and worry about the others later.

[Barikui1]

Bitcoin investment is all about risky, and it needs an adequate precaution that requires the following before you invest..

1. Research analysis

2. Observations

3. Market determinants

This three thing's are very necessary something that we need to understand, when investing in Bitcoin, because if you dont know about and invest in bitcoin, you can be depressed if the price crashes, and that's why i prefer using a spare capital to invest when I have not known bitcoin too well...

Basically, if you make a research about bitcoin, you will know when to invest without having remorse...Even if you observe the current situation of bitcoin before investing, you most found out what will benefit you during the investment and after the investment....Market determinants can be observed during research, so all this worked together if you want to execute a good investment...

All these will only delay a new investor from investing because all these are time consuming, so left for me, I think that once you can sort out your discretionary income to invest with, starting right away is the right step, as long as you have the basic knowledge on how to buy and accumulate consistently, because any further delay by doing more research, observing the market or looking at market determinant as you are saying will likely leads to procrastination or discouragement from starting his or her accumulation, so starting right away once you have a discretionary income is the right way to go about your bitcoin investment.
Then talking about the bold statement in your write up, I think that you are wrong, because their is no better time to buy and accumulate Bitcoin once your discretionary income is available, not by timing a particular market movement, thinking that you can outsmart the market that has been there before you.

[Rockson1]

Bitcoin investment is all about risky, and it needs an adequate precaution that requires the following before you invest..

1. Research analysis

2. Observations

3. Market determinants

This three thing's are very necessary something that we need to understand, when investing in Bitcoin, because if you dont know about and invest in bitcoin, you can be depressed if the price crashes, and that's why i prefer using a spare capital to invest when I have not known bitcoin too well...

Basically, if you make a research about bitcoin, you will know when to invest without having remorse...Even if you observe the current situation of bitcoin before investing, you most found out what will benefit you during the investment and after the investment....Market determinants can be observed during research, so all this worked together if you want to execute a good investment...

When I saw where you said Bitcoin investment is risky, you went further to say that it requires appropriate measures to tackle the risk, I was  expecting that you will say something like newbies building emergency funds, although I understand that emergency funds is very important but it it not a must that newbies will have it before pressing the start button, they can do all together with their Bitcoin accumulation which of course we know.

It is not as if the research of thing is not important but not for a newbie at a start, we keep emphasizing on the need for any investor to have basic knowledge and discreationary income for them to start their Bitcoin acumulation, advicing a newbie to have all this things you mentioned here can cause delay and change of mind, why will a newbie be observing when there is DCA method to go in with, as we all know learning is a process, whether we like it or not, we must start from a particular point, so what is the need for such excessive knowledge from the beginning when such energy can be put into the investment, more learning and other things can follow, there are more things to learn in Bitcoin but it does not have to be at once thats what I mean.