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Author Topic: You and Your Bitcoin Dreams - My Two Cents  (Read 259 times)
Fiatless
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March 13, 2023, 06:01:56 PM
 #21

You can't do without foolishness. Getting to know bitcoin will in any case be accompanied by some mistakes. Some will be stupid and some will be very stupid, but all of this will shape your personal experience and your personal knowledge of cryptocurrencies and bitcoin. Learning without experience with mistakes and stupid decisions won't work, although you should strive for that, but don't be intimidated by the fact that you did something wrong. In cryptocurrency, the best and most reliable knowledge is always obtained only through your own mistakes.

I started my journey about Bitcoin from this forum and if anyone that want to learn comes to this forum he will get many information. I will not say I have learned much about Bitcoin but I know I have gotten some experience. If someone wants to learn about bitcoin, I will gladly refer the person to bitcointalk. I don't want to make so much mistakes because it might result to some losses. That is why I want to learn from other member's experience. The experience of other members will serve as a guide. I also agree that I need to make my mistakes too.

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March 13, 2023, 09:32:35 PM
 #22

Where the danger lies in achieving any Bitcoin dream is in the mix up of knowledge.
At first, the concept might be understood, but the purchase and other technicalities involved in trading and holding and investments might be bleak. One might either have to learn from their experience after having purchased the coins and is trying out what best would work in the time being.
Most master traders lost a few coins or more before they knew what best worked. So will be the talks of anyone who intends to chase a Bitcoin dream or has begun down this path.

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March 14, 2023, 01:43:57 AM
 #23

If you dream of changing your life with bitcoins, you must have basic knowledge about using bitcoins. To have that knowledge, we must study hard to find ways or methods that work for us. Each person will use a different way to achieve their goals; only by learning can you find a way.

Maybe it looks very boring because every day you have to learn more. But that's what we all must do: enjoy the process and not complain if we feel bored. If we feel tired while studying, we should rest for a while before starting again because by taking a break, we refresh our minds to receive more lessons.
For a beginner who has just joined here and wants to invest with bitcoin, the first thing they have to learn is the basics of bitcoin and I think they don't need to force themselves to learn anything further than that which will only make their minds more complicated if studying simultaneously, it is enough to know the basic knowledge then they can get the rest later when they have made an investment because when someone has invested with bitcoin on the other hand their knowledge will also increase which is caused by gaining experience, basically the best teacher in our life is experience The more experience we get, the more extensive our knowledge will be.

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March 14, 2023, 11:38:38 AM
 #24

Individuals that are new to bitcoin can teach themselves with simply the nuts and bolts and afterward begin financial planning a sum they can bear to lose. The facts really confirm that we keep on learning deeply about bitcoin and become smarter investors as we move along. Just stay away from any investment scams that use bitcoin and will try to entice newcomers with promises of quick riches. Instead of investing in a platform with regular fixed returns, which is a clear ponzi scheme, just hold bitcoin and possibly other altcoins.

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March 14, 2023, 12:10:21 PM
 #25

How much knowledge do you need to achieve your Bitcoin goals in 2023? My answer is just enough knowledge to get you started. You will figure the rest out on the way because as someone rightly said, you cannot learn how to drive in a parked car. As a newbie getting knowledge of Bitcoin is as important as where you are getting the knowledge. So, look in the right place. Also,  your time is important do not waste it on some dumb stuff of temporary value. In your quest for knowledge, avoid procrastinating. Lastly, remember that with Bitcoin, where you live doesn't determine how much you'll make. Take action and take it now.
Understanding the actual goal like learning stuff and beginning with knowing about cryptocurrencies and having the aim to own a bitcoin starts from having the little that you've got whether it's knowledge or capital, you'll get to play that part until you initiate.
Most goals do require some financing and that's why even if knowledge is there but you haven't that much money to make and to start with, that goal will remain to be one of your lists until it happens. With whatever resources that you have, it's best to use them and maximize like that stuff that we can read from the forum and other websites that can be helpful for a newbie that's starting out his bitcoin journey.

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March 14, 2023, 03:40:43 PM
Merited by Lucius (1)
 #26

As an artificial intelligence language model, I do not have personal goals or a personal interest in Bitcoin.mThe current state of the Bitcoin network, including its security, scalability, and adoption.The economic factors that influence the price of Bitcoin, such as supply and demand, market sentiment, and geopolitical events.
Lol buddy, not even chatbot can't save you from your own stupidity as you just revealed that it wasn't you who wrote that post. Better luck next time when you create another alt account with purpose of spamming that chatbot crap.

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March 14, 2023, 05:24:19 PM
 #27

No other knowledge will someone have in investing in bitcoin than invest with the amount he or she can afford to lose, hodl, don't sell when at loss, and be patient. Any other thing will not be necessary since the goal is to invest and make profits. When it comes to investing in bitcoin, this is what counts mostly.


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March 14, 2023, 05:32:56 PM
Merited by fillippone (2)
 #28

Knowledge comes with mistakes and sadly we all have our own share of mistakes when it comes to bitcoin. The second golden rule says never make the same mistake twice, so hopefully we can learn from our past mistakes. I have known about bitcoin some years back but knowing about this forum and being a committed member has really benefited me as I'm privy to information, insights and knowledge I never knew before. My 2023 bitcoin goal is to keep hodling and accommulating bitcoin as I have been doing since last year and I know this is going to pay off in the long run.

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March 14, 2023, 06:06:26 PM
 #29

So, look in the right place. Also,  your time is important do not waste it on some dumb stuff of temporary value. In your quest for knowledge, avoid procrastinating. Lastly, remember that with Bitcoin, where you live doesn't determine how much you'll make. Take action and take it now.
Well Bitcoin is actually a currency, thus people do not have to "make it" per se, they basically just have to use it, but understandably in the way they deem fit, either as a payment option or for hodling. Having said that, if one is much more concerned about how much they can make from the network, then they might not bother to spend their time in looking for the right place to garner knowledge because they'll basically just want to put their money in the network and watch it appreciate (which isn't always the case).

The thing is, we in Bitcointalk have a pretty strong foundation in the network, but that's for users who are interested in the quality and constructive threads/discussions that teach quite a lot about Bitcoin, thus, more often that not it becomes easier for a user here to make the right decision about crypto, but it is difficult for people who are somewhat far from the plethora of knowledge in this forum, unless they have other platforms where they can get quality crypto information.

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