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Author Topic: Advice to a Friend  (Read 315 times)
Finestream
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June 06, 2023, 09:30:28 PM
 #41

"The advancement is so fast.  Can they just slow down" this is coming from a friend who is a noob and still trying to find his way around Bitcoin.

He already invested in Bitcoin some time ago and tries to dedicate at least 30minutes to 1hour to learn about Bitcoin after work. Recently when we met and we're discussing about his learnings and what new thing he has learned. He started to mention the latest advancement in the Bitcoin space from Bitcoin ordinals, BRC-20, etc. and how he gets confused trying to keep up. Because it is like as soon as he's trying to understand on concept another new one is springing up somewhere. I get his point. Most times, this can be really overwhelming. I think there is a fear of missing out here and being behind. What advice do you have to give to my friend who is trying to juggle getting grounded in the basics and keeping up with these latest update on Bitcoin?
He should only focus on what’s important and disregard those that come along. If he tries to put everything in focus, I bet he will have a problem coping up with everything. But if he’ll focus on the basics and improve himself as time goes by, then he’ll not be bothered at all. While it’s good to learn and acquire limitless knowledge, but for noobs it’s good to focus only on the basics and let your experience in the market do the rest.

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June 06, 2023, 09:58:54 PM
 #42

"The advancement is so fast.  Can they just slow down" this is coming from a friend who is a noob and still trying to find his way around Bitcoin.

He already invested in Bitcoin some time ago and tries to dedicate at least 30minutes to 1hour to learn about Bitcoin after work. Recently when we met and we're discussing about his learnings and what new thing he has learned. He started to mention the latest advancement in the Bitcoin space from Bitcoin ordinals, BRC-20, etc. and how he gets confused trying to keep up. Because it is like as soon as he's trying to understand on concept another new one is springing up somewhere. I get his point. Most times, this can be really overwhelming. I think there is a fear of missing out here and being behind. What advice do you have to give to my friend who is trying to juggle getting grounded in the basics and keeping up with these latest update on Bitcoin?
Do not try to learn everything especially if you are a newbie. That will not help you at all. Instead, focus on what’s more important to learn because that will guide you to not to commit maximum mistakes and losses in the market. After all, once you have gained a lot of experiences in the market, that will help you to gain a lot of knowledge as well.

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June 06, 2023, 10:10:08 PM
 #43

The task is on you that knows about bitcoin through this community's, from my perspective its your duty to give he or her all the necessary information he needed concerning bitcoin, so therefore I believe that bitcoin information is not hidden its something you get through Internet, but since your friend very curious to know of bitcoin and its investment, I. My own opinion will like in a situation whereby you introduce your in bitcointalk and share some links where bitcoin has been discussed concerning its development and its technology and in same time let the person know the disadvantages and advantages of bitcoin, so that whenever lose manifest during his investment you will not be blame

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June 06, 2023, 10:23:18 PM
 #44

What advice do you have to give to my friend who is trying to juggle getting grounded in the basics and keeping up with these latest update on Bitcoin?
For the fact that Rome wasn't built in a single day then that should be enough inspiration for your friend not to try to assimilate all he needs to know about Bitcoin on a single day, as it is a gradual process and the earlier he understand that, the better for him in his journey to learning all about Bitcoin. But I can only suggest if only each day he can just pick a particular Bitcoin related concept and tries to understand what its all about, how it works, i'm sure in next 6months or a year, he should be grounded with all he needs to know about Bitcoin, it's related terms & meaning, best safe wallets and e.t.c

And you can equally introduce him to this forum, as this forum has got all the best content he should need in his crypto journey and 24hrs available Bitcoin experts always readily available to offer solutions to whatever challenge he might be facing.

R


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