Having no money to invest in Bitcoin is even better

[demonica]

It may work for others but not for everyone. However, I agree with this based on my personal experience. I started my Bitcoin journey even though I don't have the money to invest in Bitcoin. Instead, I invested my time learning more about Bitcoin until I discover others ways where I can earn Bitcoin or crypto tokens. I also invested my skills and knowledge to be able to work and earn tokens in return that I used in buying Bitcoin.

If you really want to enter this space, it doesn't always mean that you need money to invest so you can have your Bitcoin. Bitcoin isn't just for people who have money. If you don't have the financial capabilities, make use of the other things you have that you can offer to others. Just like what I've mentioned, if you have any skills or knowledge you can offer, use that.

[1715287629]

1715287629

[1715287629]

1715287629

[1715287629]

1715287629

[1715287629]

1715287629

[1715287629]

1715287629

[Blitzboy]

The split between the haves and have-nots, and their contrasting approach towards understanding Bitcoin, is truly a paradox, isnt it?

The affluent, capable of causing ripples, seem to speed-run the crypto journey. Conversely, the less endowed devote time to comprehend, evolving into the digital era's crypto intellectuals.

But is this the norm? Or should we see this as a golden ticket to enlighten potential investors about understanding before leaping? This may be the antidote to the infamous "crypto dramas." A cocktail of capital and wisdom could turbocharge a prosperous Bitcoin economy.

[Inwestour]

Plus crypto world is filled with opportunities which means that if you have a lot of time, and a willing character to work hard, and no money at all that makes him hungry for more work, all that equals to finding a job here. Most of the time a job here would be a lot better, it is not going to be even remotely close and it would result with an insane high levels of return without a doubt.

I think it is quite obvious that we shouldn't be really worried about an unemployed person in the crypto world because if they really work for it, they can definitely find a job. One way or another, even if it is not a "job", they can find bounties, airdrops, promotions, signature campaigns, management, and many other things as a business and could do so well.

It may take a lot of time to get all the necessary knowledge here, but if you need money for everyday expenses, then you won’t be able to study for a long time without paying, because you will need to eat something.

There are opportunities here too, all this also takes time, a beginner will not be able to just come here and receive at least some income. Therefore, if there is a desire to understand what and how it works here, and earn money here, then this can be achieved, although a guaranteed income as at work here may not be achieved. So at first you should have a job that will provide everything you need, and in parallel will allow you to study those areas that you are interested in, I am sure that this is the only right decision.

Or perhaps you are in high school, or you are a student on a scholarship, then you will have enough time, hopefully without compromising your studies, to achieve your goals here.

[worle1bm]

But how many of those who don't have money actually are interested in learning about it? They are trying different ways to earn some free Bitcoins also through those scam websites because they are seeing how much profits people have made through it without even caring to read about it that what's the importance of it.But yes we should patiently spend time on researching about it and acquiring more knowledge about it while saving some money to invest later on.But if you have say small amounts set aside not big one you can simply DCA with it while reading about it and gaining knowledge about your investment and make future plans accordingly.

[avp2306]

Any business you start takes practice. If a person does not have money, he will not be able to experience everything on his own. Saying that you need to study Bitcoin for the future someone who has no money upsets him even more. Since he will begin to understand that the current price of Bitcoin if he bought it right away, was more profitable than after he learned everything about it,
Everything must go together. Sometimes we meet hurried people who rush to invest their money, and this is an indicator of greed. The one who earns steadily knows how to manage money, and it is these people who get the best profit, as they consciously put in a lot of money, which ultimately leads to capital gains.

He might struggle to do some studies regarding on what will be the effective methods he can use to earn on bitcoin. And its hard to decide if we only have few balance to spend since every trade we do is really needed to watch after because if we do simple mistake and cannot do any action then chances to lose on what we are doing with our investment especially on crypto will be in vain.

If we meet people who have greedy attitude maybe we should try to learn with them and make this as a basis so that we will not follow what he is going thru and can escape the possible consequences of this action and convert it to right decision making especially in our possible investments.

[Dr.Bitcoin_Strange]

OP, that's not true cause this is something that has to do with a vice-versa situation and individual way of doing things.
We have seen some newbies on this forum who didn't have the fund to invest in Bitcoin and still choose not to study to understand the fundamental aspect of it.
While there are also some rich people who took their time to learn about Bitcoin before they invest in it.

exactly! It really depends on the individual. There were some people who even learned about Bitcoin, but once they had the money, someone (maybe their friends) still convinced them to bag some Altcoins that turned into shitcoins. While there were still people who had the money to invest at the time of learning, they gave off their time to gradually learn before investing their money. We all know that every individual really has different habits, and there are rich people who will just invest without taking note of the risks involved, and by the time they see some kind of situation with their investment, they will begin to complain. In my opinion, it's better to have the money while you are learning. It's left for the person to calm down and learn so well that they don't make mistakes, but if they still make mistakes along the way, then experience will teach them.


Cheers 🥂, Dr.Bitcoin_Strange 👺👺

[BitcoinPanther]

OP, that's not true cause this is something that has to do with a vice-versa situation and individual way of doing things.
We have seen some newbies on this forum who didn't have the fund to invest in Bitcoin and still choose not to study to understand the fundamental aspect of it.
While there are also some rich people who took their time to learn about Bitcoin before they invest in it.

exactly! It really depends on the individual. There were some people who even learned about Bitcoin, but once they had the money, someone (maybe their friends) still convinced them to bag some Altcoins that turned into shitcoins. While there were still people who had the money to invest at the time of learning, they gave off their time to gradually learn before investing their money. We all know that every individual really has different habits, and there are rich people who will just invest without taking note of the risks involved, and by the time they see some kind of situation with their investment, they will begin to complain. In my opinion, it's better to have the money while you are learning. It's left for the person to calm down and learn so well that they don't make mistakes, but if they still make mistakes along the way, then experience will teach them.


Cheers 🥂, Dr.Bitcoin_Strange 👺👺

So at the end of the day, an investment needs money even with all the knowledge acquired.  I do not know how can one profit from Bitcoin if they don't invest in it.  And we all know that any form of investment requires money.  So we cannot just easily stated that having no money is better in any kind of investment.  I am also confused on what @OP wanted to convey on this thread.  Although I agree that knowledge is very important but how can one profit in Bitcoin if he does not spend money to invest in it.

[mvdheuvel1983]

Do not walk away from Bitcoin investment because you don't have the money, it's even better not to have money because you will have the patience to learn more about everything, and when the money comes, you will be able to avoid many dramas.

I think that this is the hardest part - cultivating patience and discipline to keep studying about bitcoin when there is no money to invest. But there is a reward in this - the person would have been able to have a thorough understanding of bitcoin thorough studying. We should not forget that the true test comes when you actually invest, we cannot tell if the person would avoid dramas or not. That is the point where everything learned will be put into practice or tested.

[Marykeller]

OP What you need to know is that an investor will create plans to invest in bitcoin or any other altcoin for his future gains when he has money to spare. He isn't doing it because he has money, rather, he just wants to make investments to safeguard his future. Although he might end up investing in Bitcoin at a high price as a result of being impatient to do so when he wasn't supposed to. Still, yet, it is a known fact that one cannot succeed in crypto without taking the risk to invest in bitcoin, whether it is in the bull run or bearish market. So what's the point if someone gains all this knowledge and exposure about bitcoin without ever investing in it when it deems right to? Like he misses all the opportunities brought before him to invest in bitcoin at a low price.

[sulendra12]

Do not walk away from Bitcoin investment because you don't have the money, it's even better not to have money because you will have the patience to learn more about everything, and when the money comes, you will be able to avoid many dramas.

The problem is not everyone have a tendency to be patient just learning without any practice on real run with small amount of money(demo doesn't count because your emotion and other factors don't really apply here), it used to be possible in earlier years when the price of Bitcoin was really low as low as 3 digit USD. It's more impactful to learn everything when you are in practice instead of just theory.

[Dr.Bitcoin_Strange]

I am also confused on what @OP wanted to convey on this thread.  Although I agree that knowledge is very important but how can one profit in Bitcoin if he does not spend money to invest in it.

Based on the OP's idea that it's not very good to have money while learning Bitcoin, he also forgets to realize that there are different kinds of people in the crypto world, so he (the OP) should not just give this kind of impression to any newbies that might be reading this. ofcuse Whoever doesn't want to make a mistake should be aware that they need to learn first and become very educated about what they are Investing their money in before going ahead with it.

[jeraldskie11]

I've studied most Bitcoin investors, those who have money to invest are the ones going around looking for someone to teach them how to invest, the first thing they want to learn is how to use the exchange to make purchases using Fiat on the exchange, they are always in hurry, they have no time.

Those who don't have money, have all the time to keep learning and reading stuff online about Bitcoin and the crypto space, they have no reason to be in any hurry and it seems they are the ones that avoid the unnecessary dramas in the crypto space because they took their time to learn first.

Do not walk away from Bitcoin investment because you don't have the money, it's even better not to have money because you will have the patience to learn more about everything, and when the money comes, you will be able to avoid many dramas.

It all depends, in my opinion. Even though they don't have any money, many newcomers are racing to buy Bitcoin because of what they've heard. You know they are so desperate for money that instead of learning because they lack funds, they risk their funds in investing without enough information and therefore lose. To be honest, those who don't have money are more likely to lose than those who do. We can't compare investors to those who have nothing to invest in because most of them are adept at it. Investors are more likely to invest with knowledge and steady emotions because they have money to invest. Those who do not have money are more likely to invest based on emotions rather than knowledge.

[Salahmu]

I've studied most Bitcoin investors, those who have money to invest are the ones going around looking for someone to teach them how to invest, the first thing they want to learn is how to use the exchange to make purchases using Fiat on the exchange, they are always in hurry, they have no time.

Those who don't have money, have all the time to keep learning and reading stuff online about Bitcoin and the crypto space, they have no reason to be in any hurry and it seems they are the ones that avoid the unnecessary dramas in the crypto space because they took their time to learn first.

Do not walk away from Bitcoin investment because you don't have the money, it's even better not to have money because you will have the patience to learn more about everything, and when the money comes, you will be able to avoid many dramas.

Is actually true, having no money to invest on Bitcoin is most time better than having the money to invest were as you don't have enough knowledge about it and loose it later, so having no money to invest at that moment allows you to study and learn all the concept about Bitcoin and also going through google to research and meet different professionals to enhance your knowledge about investment.

After gathering all these information you will see that your mentality and perception on investment will change and you will see everything the way it alt to be. It doesn't matter who invested first but matter is the understanding and profit making.

[MingMining]

I've studied most Bitcoin investors, those who have money to invest are the ones going around looking for someone to teach them how to invest, the first thing they want to learn is how to use the exchange to make purchases using Fiat on the exchange, they are always in hurry, they have no time.

Those who don't have money, have all the time to keep learning and reading stuff online about Bitcoin and the crypto space, they have no reason to be in any hurry and it seems they are the ones that avoid the unnecessary dramas in the crypto space because they took their time to learn first.

Do not walk away from Bitcoin investment because you don't have the money, it's even better not to have money because you will have the patience to learn more about everything, and when the money comes, you will be able to avoid many dramas.

It is true that those who have more money do not have time to learn. You need time to gain experience in any platform. People who have more money are also more busy. Different businesses, investment of money in different places and many money matters have to be settled.

 it is also true that those who do not have money only have time. Because when a person does not have money, where will his activities come from, because money keeps people busy. So he tries to learn different things and often joins all the ways to earn online.

It is a great move to learn and gain experience with Bitcoin and crypto currency platform, but I think Bitcoin investment requires a good amount of money, and a person is more interested in the platform in which he has money for investment.

[Patrol69]

I feel that opportunity to invest some time should not be missed because opportunity does not come again and when opportunity comes it has to be utilized. People who don't have money is different but those who have money can invest in Bitcoin if they want. Because if you invest with risk, this investment can change people's lives. There is no rush to invest for those who don't have money. If a person is interested in investing without money then that person should acquire adequate knowledge about investing. If he gets enough idea about investment, he can use his idea and invest in future when he has enough money to invest.

[CryptSafe]

Well, no wonder world is full of difference and each person has different idea, for example here op's idea about having knowledge is more valuable then having no money. But at the other hand few days back i read a topic, took me few time to find, whose idea and POV is totally different then ops. Without money, the knowledge is a waste

Yes!
you got the topic very correct and I do mean it because after my last thread, I was actually wondering  the essences of having all the knowledge  about bitcoin and cryptocurrency at large and still don't have the money to buy, I just feel its a waste of effort and such a person  with all his knowledge  will definitely miss out of the opportunities in bitcoin and I'm  on the opinion  that people still need to always have some form of money at all time to buy bitcoin especially  at every instance a dip arises and I want to know the essence of wanting to crowd ones brain Brain with so much about bitcoin  when such a person doesn't have any more to buy rather than seeking ways to buy?

Well, i have shared my opinion on the obari's post and i will share mine here too. That i totally agree with you too but also to some extent only. Because as obari said money is also necassary and without money what value our knowledge has, so in the reply i shared we could earn money by sharing our knowledge about crypto just like i am doin as a crypto content writer.

Point is, existence of both is necassary but knowledge is most necessary because without knowledge you can not stay longer.

This post however reflects my view on the same topic created by obari sometimes last week like I said on the post that both knowledge and money compliments each other. You can not have knowledge and not use it wisely to create or generate money for yourself likewise you having money and not acquiring knowledge so as to aid you sustain yourself on the long run.
You see, at first, you must acquire knowledge which is the first course of life before anything else. Tell me how do you manage your wealth or any situation if you have no knowledge. So you see that in any and everything one gets engaged in in life, one must be able to have an atom of knowledge so as to scale through as the case maybe.

[GreatArkansas]

Those who don't have money, have all the time to keep learning and reading stuff online about Bitcoin and the crypto space, they have no reason to be in any hurry and it seems they are the ones that avoid the unnecessary dramas in the crypto space because they took their time to learn first.

I can relate here, it's because also you only have time and don't have enough money for it.
That's why I am very proud of those people who start with nothing, especially in cryptocurrency, because in some cases you can have Bitcoins in many ways, like working something and earning Bitcoin, you just need time and dedication. Back in the days, I can say, it's much more easy to earn some Bitcoins.

[Lorence.xD]

Those who don't have money, have all the time to keep learning and reading stuff online about Bitcoin and the crypto space, they have no reason to be in any hurry and it seems they are the ones that avoid the unnecessary dramas in the crypto space because they took their time to learn first.

I can relate here, it's because also you only have time and don't have enough money for it.
That's why I am very proud of those people who start with nothing, especially in cryptocurrency, because in some cases you can have Bitcoins in many ways, like working something and earning Bitcoin, you just need time and dedication. Back in the days, I can say, it's much more easy to earn some Bitcoins.

If you don't have yet the money to invest, why not invest your time to learn for yourself right? Because once you learned Bitcoin you can actually find ways to earn it without even needing some funds. Where you can start from small cuz if you're good enough to make it huge, then you've really learned from your studies about Bitcoin. For me the best way as a student, you can do working student and those funds you could use it for investment, don't be distracted from buying all unnecessary things for you to be financially freedom in the future.

[Lida93]

Those who don't have money, have all the time to keep learning and reading stuff online about Bitcoin and the crypto space, they have no reason to be in any hurry and it seems they are the ones that avoid the unnecessary dramas in the crypto space because they took their time to learn first. 

Because some person at the moment doesn't have the money to invest in bitcoin doesn't mean they are taking the period all out learning and gaining more knowledgeable tips and strategies about bitcoin as it relates to investment and trading. They could be using those period strenuously working and conceive some other channels on how to generate the needed money for the investment other than devoting such time to learn.

The necessity of the money in using it to invest could make their interest to learn and gain knowledge very slim. Like what if they learn and ends up never having the money to invest eventually. Like of what usefulness is a knowledge to a person when they don't have the wherewithall to use that knowledge on.
I think having the money already at hand could be a booster for anyone who have the hunger to learn to even spread his tentacles for a broader knowledge about bitcoin but for those who don't have the desire to learn but just want to earn, not having the money to invest is a fertile ground for excuses.

[SamReomo]

There may be a point, in that someone who is penniless might have more time to study and learn about Bitcoin and the exchange as a whole. So there is no rush to make investment decisions and have the opportunity to avoid the drama that sometimes occurs in the crypto market.

In any investment, solid knowledge of the assets to be invested is essential. Therefore, if someone has the investment skills and is prepared to deal with the associated risks, they may be better prepared to take the appropriate step in considering allocating some of their funds into Bitcoin.

Plus crypto world is filled with opportunities which means that if you have a lot of time, and a willing character to work hard, and no money at all that makes him hungry for more work, all that equals to finding a job here. Most of the time a job here would be a lot better, it is not going to be even remotely close and it would result with an insane high levels of return without a doubt.

I think it is quite obvious that we shouldn't be really worried about an unemployed person in the crypto world because if they really work for it, they can definitely find a job. One way or another, even if it is not a "job", they can find bounties, airdrops, promotions, signature campaigns, management, and many other things as a business and could do so well.

It is true that the crypto market offers various opportunities for someone who is willing to work hard and have enough time to develop his presence in it. Some people have managed to find full-time employment or a significant source of income through various activities in the crypto world, such as project development, trading, mining, or participation in reward programs such as airdrops, signature campaigns and the like. However, it is important to remember that as in any field, there are no guarantees of success, and there are risks and challenges to be faced. Keeping abreast of developments and trends in the crypto market, continuing to learn, and having a realistic and disciplined approach can help in taking advantage of the opportunities that exist in the crypto world.

I agree with your points and it's true that sometimes in spite of having everything in a field there are some risks and challenges that we must have to face. The crypto-market is also full of such risks especially for those who are in the field of crypto trading because in crypto trading there are many altcoins that have no good use case, and those are only made for the purpose of pump and dump promotions. The traders who trade those altcoins are at very high intensity of risks because those altcoins can lose 99% value anytime, and the traders can empty up his/her capital by investing in those coins. The risks are quite high if you take part in presales of those coins because most of those coins are useless and they won't earn you anything.

Aside from risks, the crypto-market is also full of opportunities and many people who can work in this field could be financially stable within no time. Even the income that people generate from the signature campaigns and other simple tasks is quite enough to live one's life happily with minimalistic expenses. In many countries people earn very low wages for their hard work, but in the field of crypto-currencies one could earn substantial income by doing not-too-hard type of work. In any field one's knowledge is the most important factor for success, and in crypto market the same rules are valid for the ones who want to earn some money. If someone is knowledgeable about the crypto market then things could be in his/her favor, on the other hand if someone is not knowledgeable about the market then that person couldn't make a lot from crypto-market.