Bitcoin and education

[tiCeR]

Basically, investing in bitcoin is not different with gold, which you get some, hold it, and sell it in the right time, either of for profit purpose or you want money urgently. But to understand the technical stuffs behind bitcoin, yeah you need to invest your time to learn it. I mean, it's better to know more about something you gonna invest in, right? At least you need basic info of it.

I most asset classes have a certain set of unique characteristics. First of all I would probably define the time horizon that I plan on investing or a timeline that defines for how long I don't have to liquidate the asset. Now if I know that 12 months from now I need to liquidate the latest, I would probably not recommend buying Bitcoin because if someone is unlucky and catches another bear market, they could be forced to liquidate in the worst possible moment. For shorter time horizons and if it is money you don't want to risk heavily, you got to stick with very low interest paying bank products I guess.

The more time you have, the better Bitcoin becomes in my opinion. Perhaps you invest in steps because should you be unlucky and catch another bear market, you have liquidity available to stock up at cheaper prices. Hence, the bear market doesn't affect but actually benefit you to a certain degree.

As soon as you have short time spans and cash that is not necessarily dispensable, Bitcoin is not for you.

That is why part of the education concerning Bitcoin should also deal with the market dynamics. I got into Bitcoin very early and I tell you I had a couple of nights sweating hard! If Bitcoin starts moving it is often faster than other assets do. That has slowed down a lot by now, but it can still be quite overwhelming either to one's advantage or disadvantage.

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[n0ne]

One who can understand what someone say can easily invest into bitcoin and participate in trading activities. After the usage of smartphones people are much used to technology. Even the uneducated does digital transactions with ease. The applications were developed in such a way that all levels of people can make use of it.

Apart, there are occassion in which it won't be believed by certain people due to its virtual availability. For them it is really hard to understand, because the minds weren't prepared to believe what someone says about bitcoin.

[BitcoinPanther]

My question is can someone who is not well educated (secondary school graduate) understand the statistics of bitcoin investment or Bitcoin trading?

Definitely you can understand the statistics of Bitcoin investment or Bitcoin trading as long as you know how to read and analyze information.  It maybe hard but eventually when you are familiar with terms and graphical presentation of the Bitcoin market you will be able to understand the Bitcoin market.

Yes.
You actually don't need to understand that much technical stuff about it. You can buy it as easily as you do shop online and then you'll learn the rest later on.
But about statistics you probably are thinking, it's not really too confusing to know what it is all about. I think you mean about the history of it and you can simply view its charts that will show you its past runs through a graph and that's easier to understand than going through articles or any other method that might make you understand about it.

But if @OP wanted to profit from buying Bitcoin then he needs to understand the price trend, the cycles and the right timing to enter the market.  All that can possibly be provided by learning TA aside from understanding the Bitcoin market cycle.

[Darker45]

Yes, one doesn't have to be well-educated so that he/she can invest and trade in Bitcoin. For as long as you can understand, you can invest in Bitcoin. As to Bitcoin trading, it depends on how serious you want to be as a trader. You can actually trade without learning all those triangle patterns, head and shoulders, wedges, cup and handle, and so on. You can do away with those Fibonacci, RSI, golden ratio, and so forth. But if you really want to delve into serious day trading, it helps if you get yourself a little education about those patterns and tools and methods.

[rozak]

My question is can someone who is not well educated (secondary school graduate) understand the statistics of bitcoin investment or Bitcoin trading?

why not, even shopkeepers can also do it by studying. I mean, anyone who wants to learn, they can get what they want. a matter of time it adjusts to the ability of each person.
know that even people who are successful with their businesses are not because they are graduates of prestigious colleges. if you are not someone who has a high educational background, you can still learn and invest in Bitcoin.

if what you mean is to trade Bitcoin, yes you need to learn more about it. it will help you reduce the risk of loss. but in investing and trading Bitcoin, everything has a risk. you also have to learn it. in the learning process, all beginners will inevitably lose.

[$anounimus$]

bitcoin and education.
If this post is not permitted to be here please help me forward it.

I want to ask a little question here because I don't won't to be a victim of a big loss.
Now that I have not invested in bitcoin because I haven't learned much about bitcoin investment based on the situation in my locality, I want to know the right answer to my question.
My question is can someone who is not well educated (secondary school graduate) understand the statistics of bitcoin investment or Bitcoin trading?

Basic education is important to know the basics in life. However, educational strata certainly do not apply specifically to people who invest. If the OP thinks that investment and other business worlds look at the level of education, then specifically only people with economics and business educational backgrounds are concerned with the fields you mentioned.

So everyone with a different educational background is welcome to enter the world of investment as long as they want to study harder on what will be their investment target, especially with digital technology that is increasingly sophisticated, all information in the world is very easy for us to access, some people even can afford it. realize his dream only by self-taught learning.

[akuntester1]

My question is can someone who is not well educated (secondary school graduate) understand the statistics of bitcoin investment or Bitcoin trading?

Your steps to ask questions, learn and gain knowledge before investing in crypto are correct.
Because basically we have to know what we are dealing with and we have to have a basic understanding of what we are going to do.
But if you have doubts and are not as confident as you convey, in my opinion it will only hinder your steps from doing something.
I think you don't need to be discouraged and not confident like that.
Crypto has always been open to everyone who wants to learn about it.
It doesn't matter who the person is with whatever background that person is.
If someone has faith and is always diligent and always adds insight, it is possible that they will be successful.
A professional and someone who was successful in crypto even before must have passed the beginner stage, right?
What makes each person different is how much determination and effort has been put into achieving that success.
So get rid of your doubts and self-doubt, so that it will make it easier for you to take the next step.

[michellee]

Investing in bitcoin can be used by everyone, whether he is educated or uneducated (he didn't graduate from high school), because the most important thing is that he wants to learn about investing, bitcoin and others can become a bitcoin investors. If someone is willing to learn, that is enough capital to invest in bitcoin. If you want to learn about investing in bitcoins and try understanding bitcoin trading, you can become a bitcoin investor. You can buy bitcoins at any price (especially low prices) and hold them for some time.

[rokok lokal]

The short answer is yes. While more traditional financial tools (like stocks) may seem more accessible, Bitcoin is less confusing once you have the right information. What's more interesting, though, is your second question: can an educated person use Bitcoin effectively?

Well, I hope my answer has helped you understand how to get started with Bitcoin and determine if it's a good investment for you.

[yudi09]

can someone who is not well educated (secondary school graduate) understand the statistics of bitcoin investment or Bitcoin trading?

Is there a desire to do so? If there is, anyone and anyone from any background can do it even if the person does not have a high education.
Many spaces are available for people who want to learn about investing both online and in person.
Instead of trading, it's better to learn more about investing. Trading and investing are clearly two different things.
Trading has a big risk compared to investing.

[oktana]

The level of understanding you can attain is only dependent on your willingness to learn and apply that knowledge to any area of your life which also involves investment or trading of bitcoin. With consistency and focus, you can learn the basics of Bitcoin investment and trading, irrespective of your education level.
The main thing is getting access to a credible training program either a course where you learn online but I best recommend having access to a mentor that will guide you by the hand step-by-step through every process of understanding bitcoin trading and investment. I hope this helps you!
Don’t let anything limit you! Go ahead and learn! You can make it💪


My very interest in bitcoin was immediately after my secondary education. I refused to be limited by my status at the time. I headed on to learning about it through articles, video trainings, etc. These resources helped me to get familiar with the basics of Bitcoin, its market trends, and the strategies applied for investment and trading.
Nevertheless, you should take your time to educate yourself also on the risks and potential rewards associated with Bitcoin because it is a volatile asset. With some effort/willingness to learn, even someone with a secondary school education can gain a very good understanding of Bitcoin investing and trading statistics.

[juhobtc]

The level of understanding you can attain is only dependent on your willingness to learn and apply that knowledge to any area of your life which also involves investment or trading of bitcoin. With consistency and focus, you can learn the basics of Bitcoin investment and trading, irrespective of your education level.
The main thing is getting access to a credible training program either a course where you learn online but I best recommend having access to a mentor that will guide you by the hand step-by-step through every process of understanding bitcoin trading and investment. I hope this helps you!
Don’t let anything limit you! Go ahead and learn! You can make it💪

Another example of how the ability to self-learn can bring good results. Education will not play a big role for a trader, because even an economic education will give an understanding of basic knowledge of finance, but will not give any practice. And specialized courses will purposefully teach the necessary skills.

[lovesmayfamilis]

It's serious you question!, I don't know, I mean, you have to explain these things nowadays...there is have to explaining to young person, who was perhaps born in the 21st century, what the process is like to spend your money...

To understand what the cause of the OP's problem is, you need to read his recent thread. In fact, the life that the OP leads is much more complicated than most of ours. When there are problems with electricity and Internet access, the fact that the OP got to this forum is already a good thing to do.
OP, well done for wanting to improve your bitcoin knowledge. But you don't have to rush. Take the time to read the forum; you will get comfortable and begin to understand the difference between investing and trading. In fact, many talented people who developed on their own have succeeded. What matters is your desire. Always tell yourself to take your time and ask yourself what you don't understand. Come here for answers.
I want to believe that you will succeed. Do not give up.

[crunck]

bitcoin and education.
If this post is not permitted to be here please help me forward it.

I want to ask a little question here because I don't won't to be a victim of a big loss.
Now that I have not invested in bitcoin because I haven't learned much about bitcoin investment based on the situation in my locality, I want to know the right answer to my question.
My question is can someone who is not well educated (secondary school graduate) understand the statistics of bitcoin investment or Bitcoin trading?

Bitcoin is for everyone, regardless of age, young or old, male or female, rich or poor...As long as you are passionate about investing and know how to use a phone, you can easily participate in the investment. But for people who are not well educated or older adults, it will take longer than the average person to learn about bitcoin. As long as you are passionate, you want to invest and do not give up under any circumstances, bitcoin will never refuse you.

[gunhell16]

bitcoin and education.
If this post is not permitted to be here please help me forward it.

I want to ask a little question here because I don't won't to be a victim of a big loss.
Now that I have not invested in bitcoin because I haven't learned much about bitcoin investment based on the situation in my locality, I want to know the right answer to my question.
My question is can someone who is not well educated (secondary school graduate) understand the statistics of bitcoin investment or Bitcoin trading?

It's okay if you don't want to invest in bitcoin dude, especially if you're still in the learning process here. These are just some of the things you should think about, don't you wonder why many large companies accept bitcoin not only as a mode of payment online in their business but also hold it for long-term investment?

In addition to that, why do other countries such as El Salvador, as far as I know, have made bitcoin a secondary currency that most merchants accept bitcoin as a payment option, even Japan, and other countries?

[Minecache]

bitcoin and education.
If this post is not permitted to be here please help me forward it.

I want to ask a little question here because I don't won't to be a victim of a big loss.
Now that I have not invested in bitcoin because I haven't learned much about bitcoin investment based on the situation in my locality, I want to know the right answer to my question.
My question is can someone who is not well educated (secondary school graduate) understand the statistics of bitcoin investment or Bitcoin trading?

Everyone's situation is different, and it's not your fault for not being well educated. If you go looking for a job at a company, it's really a loss for you when you just graduated from secondary school. But with bitcoin investing, it is possible, and you will be treated equally as everyone else in the market. Bitcoin is for everyone, anyone can invest in bitcoin, as long as you know what you are doing and what to do when investing in bitcoin.

[uneng]

bitcoin and education.
If this post is not permitted to be here please help me forward it.

I want to ask a little question here because I don't won't to be a victim of a big loss.
Now that I have not invested in bitcoin because I haven't learned much about bitcoin investment based on the situation in my locality, I want to know the right answer to my question.
My question is can someone who is not well educated (secondary school graduate) understand the statistics of bitcoin investment or Bitcoin trading?

Everyone's situation is different, and it's not your fault for not being well educated. If you go looking for a job at a company, it's really a loss for you when you just graduated from secondary school. But with bitcoin investing, it is possible, and you will be treated equally as everyone else in the market. Bitcoin is for everyone, anyone can invest in bitcoin, as long as you know what you are doing and what to do when investing in bitcoin.

Bitcoin is for everyone, but I think it will depend on the quality of the highschool teaching in order to say if this person will be able to read charts and market's fluctuations in real time with excellency.

English knowledge also plays a big role when adopting bitcoin, so you can have access to global content and services. Depending the school and its respective country, the teaching of english can be really precarious, therefore this person won't be able to have the same performance and self-confidence dealing with bitcoin compared to a person of higher educational background.

Education can improve someone's experience in bitcoin a lot, especially inside economics field.

[tjtonmoy]

My question is can someone who is not well educated (secondary school graduate) understand the statistics of bitcoin investment or Bitcoin trading?

If you try, you can do it. You don't need higher education. You just need to learn about it specifically and devote yourself to it. Learn the basics first. When the advance knowledge comes up, and you can't understand it, just google it or YouTube. Or, the best option is to ask in this forum. There are many people always ready to help you.
And if you want to get into trading, it's simple yet hard, because you need to understand the concept of price chart and how the price moves. Practice makes you perfect. Learn and try. You will become a pro one day, for sure. You just need to keep going and not give up.
You should also educate yourself about risk management strategies, such as setting stop-loss orders and diversifying your investment portfolio. Don't invest all your money in one trade. But these are some knowledge that you need to know after you enter the platform. Take the first step and as you move forward, you will learn it eventually.

[Bananington]

can someone who is not well educated (secondary school graduate) understand the statistics of bitcoin investment or Bitcoin trading?

The three important skills to develop above all things in school is how to read, how to write and how to understand. Once you can do these, you are very qualified to be trading bitcoins or be very involved with it. Some people devoted time to learning about bitcoins and you can too with your little education. You just need resources that you can devote time to reading and a guide or a community that you can take questions to whenever you have to ask. The most educated are not the most successful in bitcoins, bitcoin requires another form of education.

[Charmekkd]

I think there are lots of people who invest in bitcoin and end up being successful even though their education is not that high.

in my opinion, the most important thing in investing in bitcoin is willingness and interest.
but of course the most important thing is there must be an intention to learn,
In my opinion, don't make it difficult for yourself to invest in bitcoin.
or you can also try investing in bitcoin with a little money, with the aim that you understand and understand more about bitcoin.