Bitcoin kwoledge is not complete without bitcoin investment

[Bitco55]

True Op, no knowledge is a waste, and practice is better than theory learning. I like the fact that you were able to shut the voice of fear in your head and buy the bitcoins.

The way the fiat currency is becoming inflated, knowing that there's an alternative is encouraging, even though there are risks attached to it. Personally, i'd rather face those risks that let my value depreciate.

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[JayJuanGee]

Fuck shitcoins.. there is no need to practice with them without having a better investment thesis than diversification for the sake of it or they happen to be in the top coins or dumb shit like that.  When investing into shitcoins as contrasted with bitcoin there are more reasons to have to look into the overwhelming crap that is out there trying to act like they are either equal to or better than bitcoin.. so the best is to start out with bitcoin first and no need to study very many details and just get the fuck started with bitcoin and learn along the way... if you are going to fuck around with other coins and or projects, you are going to need to do your homework first because an overwhelming majority are pure nonsense and in need of babysitting and/or getting in and out rather than just buying and forgetting about it for 10 years (which way closer to the case with bitcoin.. being able to invest and forget about it).

@JJG, you have a clear point.
Some shitcoins end up being scams sometimes, whether they are the top shitcoins or not. As long as it's a shitcoin, fuck them all.
Although altcoins are not the best to recommend for a new investor, altcoins are more savable than shitcoins and this is a useful link.

You and I are using the term shitcoin and altcoin differently.  I consider anything that is not bitcoin (that has its own token) to be a shitcoin.. so from my consideration altcoin and shitcoin is the same thing... if you are trying to differentiate between how shitty or not are various shitcoins based on their price performance or some other broadly applicable principles, you are likely just getting yourself into trouble.. ..

So if you actually end up studying and largely understanding the investment thesis for bitcoin, then you can consider the extent to which any shitcoin might be providing some potential value, rathet than being a kind of temporary scam... and so sure, it is possible and even likely that there are some shitcoins that are not directly scamming and are providing some utility, so in that regard, if you waste your time studying that non-sense and you happen to find one or more that is worth putting some value into, then you will still need to temper your investment..

In the end, there is a presumption that shitcoins/altcoins are not providing much or any value or worthy of investment, and so you have to overcome that presumption in order to justify investing into them in any kind of meaningful way beyond short term pumpamentals (which is also a questionable reason to get into a project, but not an unreasonable reason if you have good information and/or confidence regarding short term pumpamentals.. which again is a different reason for getting into such coins as compared with bitcoin's long term investment thesis,  even though sometimes bitcoin will also continue to go through short-term pumping periods).

When we talk about a good crypto currency, we should always remember BTC because Bitcoin is the only crypto currency in the market that investors are planning to accumulate.

I don't really disagree with you, but you are not really saying much of anything here.. except that bitcoin is the best because everyone believes it is best, and so sure there might be some truth to that, but bitcoin is best based on the way that it is designed and its various network effects.  Consider Trace Mayer's seven network effects. 

Also bitcoin is best in part because it would take something in the order of a 10x improvement over BTC for some kind of a coin to take over bitcoin, and for example, some people cannot figure out bitcoin's relationship to gold, and so there are many people who are confused about bitcoin versus gold, but  part of the reason that bitcoin is gaining on gold's market share is because bitcoin is way more than 10x better than gold, and perhaps even in the neighborhood of 1,000x better than gold. So, sure it could take another 50 to 200 years for the market to end up recognizing bitcoin for it's 1,000x better value than gold, and so there are a lot of folks who cannot recognize bitcoin's superiority to gold (including the 1,000x angle), and so some people will end up being more correct than others in terms of their assessment of value but even if we assess value, the timeline could still take a very long time to play out.

Shitcoins can never grow above $10K because it is only those that don't know what Bitcoin is all about that put their money on it. The ethereum coin can be more profitable sometimes, but Bitcoin is more profitable when an investor holds it for a long time.

I doubt that you are correct on this point.  Shitcoins could outperform bitcoin for a long time.. so I would not count on the fact that shitcoins might not pump and even end up outperforming bitcoin for considerable amounts of time.  I don't know whether such outperformance is going to happen, but I am not going to invest into those shitty scams merely because there are a bunch of dumb twats pumping their nonsense smoke and screen crap, whether we are referring to ethereum or some other shitcoins.  We could even get nation states pumping that nonsense.. so even if they might cause crap to get pumped (just like fiat is pumped and able to retain value) that still does not take away from bitcoin's investment thesis.. so you have to choose whether or not to invest at all in the crap (that could pump higher than bitcoin).

You likely know the expression: "market's can stay irrational longer than you can stay solvent," so it is up to you if you get lured into shitty project because of their pumpening potentials (including various shitcoins), and sure of course, even with bitcoin, you should be figuring out your own position size based on the facts that a lot of weird things can end up happening that cause bitcoin prices to be suppressed lower than expected and for longer than expected.. .You should not be considering that it is inevitable that bitcoin will pump or that shitcoins will not pump.. that seems like a gambling kind of approach if you are not sufficiently/adequately preparing for either direction (and a variety of outcomes, even crazy ones).

Fuck shitcoins.. there is no need to practice with them without having a better investment thesis than diversification for the sake of it or they happen to be in the top coins or dumb shit like that.  When investing into shitcoins as contrasted with bitcoin there are more reasons to have to look into the overwhelming crap that is out there trying to act like they are either equal to or better than bitcoin.. so the best is to start out with bitcoin first and no need to study very many details and just get the fuck started with bitcoin and learn along the way... if you are going to fuck around with other coins and or projects, you are going to need to do your homework first because an overwhelming majority are pure nonsense and in need of babysitting and/or getting in and out rather than just buying and forgetting about it for 10 years (which way closer to the case with bitcoin.. being able to invest and forget about it).

You are right, if you buy shitcoins and forget about most of them for several years, I'm not even talking about 10 years or more, then you can forget not only about this investment but also about your money. I'm talking about this from my own experience because when I learned about Bitcoin and saw how altcoins could rise, and I decided that this was a good way to increase the Bitcoin in my wallet, but I only lost everything I had because I didn't sell, when I could do it.

There are doubts that I will be able to achieve at least any satisfactory result with shitcoins, so I decided not to take any more risks and buy bitcoin, everything ingenious is simple.

It can take a real long time to make up for some of the losses that happen, so when any of us is looking at our investment portfolio, we have to be careful about not losing our principle.  So we should be figuring out ways to establish our various position sizes in such ways that we are not putting our principle at risk.

Yes, I know easier said than done.. but first of all figuring out how much we are going to invest into BTC or other investments, such as 10% of our salary (or some other reasonable amount that allows us to continue to live a reasonable lifestyle). .and then once we have figured out our budget then we have to figure out what to invest into..  If you are a brand new investor, then there does not seem to be anything wrong with putting all or most of your 10% amount into bitcoin until you reach a certain level of 20% to 50% of your annual salary or some other number that you believe to be reasonable and then at some later point, then figure out how to diversify.. and most likely not shitcoins but instead property, equities, commodities, bonds, and cash/cash equivalents... and sure if you cannot resist getting involved in various shitcoins, then restrict your investment into them to no more than 10% of the size of your bitcoin investment.. unless you figure out some angle that is actually good information about some project that you are going to invest into and to go beyond 10% of ther size of your bitcoin investment.

Anyhow, the point is that many times, it does take a long time to build back principle when you end up losing a lot of it (or even all of it) because you got to greedy and/or you failed to limit your position size based on how much risk you were entering into.

[GigaBit]

Last week Monday, I recieved my rent, but guess what I was scared of investing it on bitcoin because I was having so many thoughts in my head telling me to invest and not to invest. I continued with my forum activities and kept on reading, at a point, I got to realize that what will I gain, if I have the knowledge of bitcoin and I don't invest in it to have the experience on using bitcoin and to also have the experience of holding in long term, so that i can talk about bitcoin from experience. This means that it is important for me to buy bitcoin to acquire more knowledge,and this will be an advantage for me  to buy bitcoin now that the price is dip, before it pumps back. Yesterday, I used 60% of the money my tenant paid me to buy bitcoin and I was relieved and happy. I have also created an electrum wallet which I have transfered my coins into, the reason why I chose electrum wallet because it is noncustodial with RBF and Ligthening Network features, which can allow you to double spend,incase the network is congested and your transaction fee is low,since sometimes bitcoin blockchain used to be congested with dust transactions.

I intend to hold by bitcoin for long, because I just started my bitcoin journey and, I know that it isn't going to be an easy one for a newbie like me. I will use 10% of my income to DCA every month, because I also noticed that fiat currency is depreciating due to inflation and that it is better that I save in bitcoin than to keep it in fiat. The moment my bitcoin reaches $1000, I will look on how to transfer my coins to a cold storage wallet for safety. I couldn't keep this to myself and I said let me bring this to the forum for advise from experienced members on precautions I need to take for me to achieve my bitcoin goal target.

People are now more aware than ever when it comes to investing in Bitcoin. Whatever they do, they will try to keep even a small amount of bitcoins in their wallets. Because Bitcoin is not universally accepted by the government, but it is universally accepted by the public. Bitcoin is now going to be the best of all the valuable assets in the world. You have taken a good decision in both cases one is for long term investment you have started using a secure wallet and on the other hand as the market is volatile you have chosen DCA for accumulating bitcoin which can give you a big profit after a long period of time. Since you are also engaged in a job, there will be no obstacle to collect your bitcoins with your house rent ‍so definitely You will get better returns from Bitcoin than others.

[bitzizzix]

Last week Monday, I recieved my rent, but guess what I was scared of investing it on bitcoin because I was having so many thoughts in my head telling me to invest and not to invest. I continued with my forum activities and kept on reading, at a point, I got to realize that what will I gain, if I have the knowledge of bitcoin and I don't invest in it to have the experience on using bitcoin and to also have the experience of holding in long term, so that i can talk about bitcoin from experience. This means that it is important for me to buy bitcoin to acquire more knowledge,and this will be an advantage for me  to buy bitcoin now that the price is dip, before it pumps back. Yesterday, I used 60% of the money my tenant paid me to buy bitcoin and I was relieved and happy. I have also created an electrum wallet which I have transfered my coins into, the reason why I chose electrum wallet because it is noncustodial with RBF and Ligthening Network features, which can allow you to double spend,incase the network is congested and your transaction fee is low,since sometimes bitcoin blockchain used to be congested with dust transactions.

I intend to hold by bitcoin for long, because I just started my bitcoin journey and, I know that it isn't going to be an easy one for a newbie like me. I will use 10% of my income to DCA every month, because I also noticed that fiat currency is depreciating due to inflation and that it is better that I save in bitcoin than to keep it in fiat. The moment my bitcoin reaches $1000, I will look on how to transfer my coins to a cold storage wallet for safety. I couldn't keep this to myself and I said let me bring this to the forum for advise from experienced members on precautions I need to take for me to achieve my bitcoin goal target.

People are now more aware than ever when it comes to investing in Bitcoin. Whatever they do, they will try to keep even a small amount of bitcoins in their wallets. Because Bitcoin is not universally accepted by the government, but it is universally accepted by the public. Bitcoin is now going to be the best of all the valuable assets in the world. You have taken a good decision in both cases one is for long term investment you have started using a secure wallet and on the other hand as the market is volatile you have chosen DCA for accumulating bitcoin which can give you a big profit after a long period of time. Since you are also engaged in a job, there will be no obstacle to collect your bitcoins with your house rent ‍so definitely You will get better returns from Bitcoin than others.

Of course, the DCA strategy must be supported by a job or a steady income every month to be able to make regular Bitcoin purchases, and if they don't have a job or a steady income they won't be able to do this.
Bitcoin is the best investment, and I advise those who have a job or a steady monthly income to use DCA within their means after prioritizing essential needs. Because in the long term or in the future the price of Bitcoin will become very expensive and do this as early as possible so you can enjoy a very bright future. And it's also a good idea to have savings designated for reserve funds that you'll use when you need them without touching Bitcoin prematurely.

[Patrol69]

Knowledge about Bitcoin will be complete only when you can invest in Bitcoin. Even if we get a lot of ideas about Bitcoin or we know a lot about Bitcoin, if we don't invest in Bitcoin, we will not have real experience and if we don't have real experience, our knowledge about it will never be complete. When we invest we will have a real idea about Bitcoin and investing. When we have real experience as well as ideas about Bitcoin, we will understand how long we need to hold this investment or how volatile the market is or how the market can go, and our knowledge about these things will be more mature, thereby making a Bitcoin investor through Bitcoin investment. You can find the difference in your knowledge.

I am saying this from my own experience, before investing in bitcoin I had one idea about bitcoin, and after investing in bitcoin I have a different idea about bitcoin, so a user should invest even if he knows well about bitcoin.

[irhact]

Knowledge about Bitcoin will be complete only when you can invest in Bitcoin.

You're right because without investing in Bitcoin, you won't have the complete knowledge of how Bitcoin works because you don't have personal experience with Bitcoin. When I learnt about Bitcoin but I haven't invested, I told myself that when I'll do it, I'll be selling Bitcoin whenever I make profits and reinvest when the maket dips but after investing and saw the stress in that strategy and also the benefits of just holding, I decided it wasn't worth it and I just hold.

Personally experience is needed to completely get the full knowledge of how Bitcoin works so it's better you buy Bitcoin and experienced the feeling of owning Bitcoin. When you owe Bitcoin, you can give a honest review without guessing your review based on others experience.

[Odohu]

Knowledge about Bitcoin will be complete only when you can invest in Bitcoin. Even if we get a lot of ideas about Bitcoin or we know a lot about Bitcoin, if we don't invest in Bitcoin, we will not have real experience and if we don't have real experience, our knowledge about it will never be complete.

You are very correct @Patrol69 because investment in Bitcoin is the real application of the knowledge. I remember when I was learning forex trading where I started with demo account (an account loaded with virtual money, not real money). It was very easy making profit and growing the demo account but the moment you decide to go live (trade with real money), the story changes as it turn out it is a different ball game. With real money, reality dawns on you that forex is not that easy and most time one is overwhelmed with losses to the point you begin to think you are under a spell. Those who trade forex can attest to this. So, having knowledge of Bitcoin without actually putting money into it is like this demo trading.... you will never really know the emotional aspect of investing in Bitcoin and how to also gauge your level of greed.

Furthermore, Bitcoin is a very volatile asset.... how will you know the feelings that comes with gaining/loosing 10% of your capital within 24 hours? This is only possible when you commit your funds using the knowledge you have gained. In conclusion, knowledge of Bitcoin is the theory while investing is the practical.

I am saying this from my own experience, before investing in bitcoin I had one idea about bitcoin, and after investing in bitcoin I have a different idea about bitcoin, so a user should invest even if he knows well about bitcoin.

I started with Bitcoin from the angle of usage; I mean using it to make payment only and never saving it as investment. I did this for a while before I realized I could actually be making good money from investing and holding. It will interest you to know that these two  scenarios come with totally different emotions, mindset and approach. While the first part is just knowledge, the second part is investment.

[Xxx$11]

Knowledge is important otherwise you would not start investing in bitcoin.Congratulations for reaching this milestone!
In fact, I always think about every step, especially when it comes to emergency funds. This is important when other needs arise. Emergency funds can be used right away, while Bitcoin, which is the main investment goal, for example, will not be disturbed or sold in the middle of the road.
Now, you need to hold on into it especially that you are capable financially and never sell at a lower price than the highest price you have bought it when you DCA. It could be stressful to watch bitcoin price in a daily basis, but you'll get used to it and it's totally normal to feel worried when bitcoin takes a huge dive and feel excited when it's starts recovering.

[Furious 7]

Knowledge about Bitcoin will be complete only when you can invest in Bitcoin. Even if we get a lot of ideas about Bitcoin or we know a lot about Bitcoin, if we don't invest in Bitcoin, we will not have real experience and if we don't have real experience, our knowledge about it will never be complete. When we invest we will have a real idea about Bitcoin and investing. When we have real experience as well as ideas about Bitcoin, we will understand how long we need to hold this investment or how volatile the market is or how the market can go, and our knowledge about these things will be more mature, thereby making a Bitcoin investor through Bitcoin investment. You can find the difference in your knowledge.

I am saying this from my own experience, before investing in bitcoin I had one idea about bitcoin, and after investing in bitcoin I have a different idea about bitcoin, so a user should invest even if he knows well about bitcoin.

The point of this is that we need to take real action not just argue with the theory we have because for theoretical problems everyone can definitely do and learn but when the application is what is difficult as well as in bitcoin. When we know anything and learn from scratch about bitcoin but when we never try to invest no matter how much knowledge we have in the end this will only be like a bland vegetable because we never get the sensation of how when bitcoin gets a crash or get the results of the investment we do.
On the other hand, knowledge about bitcoin if it is not used too it will be a useless thing because those who do that he must have missed a great opportunity in vain.

[ginsan]

The point of this is that we need to take real action not just argue with the theory we have because for theoretical problems everyone can definitely do and learn but when the application is what is difficult as well as in bitcoin. When we know anything and learn from scratch about bitcoin but when we never try to invest no matter how much knowledge we have in the end this will only be like a bland vegetable because we never get the sensation of how when bitcoin gets a crash or get the results of the investment we do.
On the other hand, knowledge about bitcoin if it is not used too it will be a useless thing because those who do that he must have missed a great opportunity in vain.

Obviously, Generally if they just say something that allows them to do it easily but basically they don't do it. So everything they learn without the investment they make seems like a waste because they get no benefit from what they have been looking for all this time. Indeed, many people missed purchasing Bitcoin from previous years and they expressed regret for missing that moment. So those are the words that must be adjusted to their actions, namely learning while investing, they will undoubtedly gain knowledge and profits in the future.

I'm amazed at how many posts are quite useful for me or those who are still beginners. Because there are many quite positive explanations that can be applied in knowledge of how to learn Bitcoin and also invest in Bitcoin. But what they said, they shouldn't miss the moment to apply it to their own investments.

[Markiehillz]

I would say,hold a bit on investing. When you see a very good entry between $15,000-$25,000. Invest what you're willing to loose....or you can start investing slowly

[cozytrade]

People are now more aware than ever when it comes to investing in Bitcoin. Whatever they do, they will try to keep even a small amount of bitcoins in their wallets. Because Bitcoin is not universally accepted by the government, but it is universally accepted by the public. Bitcoin is now going to be the best of all the valuable assets in the world. You have taken a good decision in both cases one is for long term investment you have started using a secure wallet and on the other hand as the market is volatile you have chosen DCA for accumulating bitcoin which can give you a big profit after a long period of time. Since you are also engaged in a job, there will be no obstacle to collect your bitcoins with your house rent ‍so definitely You will get better returns from Bitcoin than others.

Investing in bitcoin is very safe and helps us to get high profit. Many people have made a lot of money by investing in bitcoin. So if we can use this time and invest for long term it can bring us a lot of profit. But we  Most of the time if we invest bitcoin for small girls then we can't profit. To get more muna we have to invest for long term. Investing bitcoin is profitable very safe.

[Iroh]

Knowledge about Bitcoin will be complete only when you can invest in Bitcoin. Even if we get a lot of ideas about Bitcoin or we know a lot about Bitcoin, if we don't invest in Bitcoin, we will not have real experience and if we don't have real experience, our knowledge about it will never be complete. When we invest we will have a real idea about Bitcoin and investing. When we have real experience as well as ideas about Bitcoin, we will understand how long we need to hold this investment or how volatile the market is or how the market can go, and our knowledge about these things will be more mature, thereby making a Bitcoin investor through Bitcoin investment. You can find the difference in your knowledge.

Bitcoin knowledge isn’t complete without investing. I disagreed with that notion when I initially read the OP. I had felt and still somewhat do that it’s not compulsory to invest in bitcoin for you to have complete knowledge about it. You could still know a lot about bitcoin without necessarily investing your money in it.

But then I can understand when you say knowledge about bitcoin will be complete when we invest. When we invest, we’re able to have a personal experience as well as putting into practice what we’ve already learnt and I guess being practical about it, adds to/complete our knowledge and understanding of what we know about bitcoin.

[Trawda]

The purpose of Bitcoin is not to invest...

But investing in Bitcoin allows you to deal with Bitcoin directly, through buying, selling, and transferring to the wallet, and these things will make you get to know Bitcoin more closely.

[Shumyl]

Yes, of course, if you have all the knowledge about Bitcoin but don't invest and your knowledge is like a waste of time. When you do this thing in practical life then your knowledge is complete, otherwise, your knowledge is incomplete and a waste of time. 

[Lantind]

Knowledge about Bitcoin will be complete only when you can invest in Bitcoin. Even if we get a lot of ideas about Bitcoin or we know a lot about Bitcoin, if we don't invest in Bitcoin, we will not have real experience and if we don't have real experience, our knowledge about it will never be complete. When we invest we will have a real idea about Bitcoin and investing. When we have real experience as well as ideas about Bitcoin, we will understand how long we need to hold this investment or how volatile the market is or how the market can go, and our knowledge about these things will be more mature, thereby making a Bitcoin investor through Bitcoin investment. You can find the difference in your knowledge.

I am saying this from my own experience, before investing in bitcoin I had one idea about bitcoin, and after investing in bitcoin I have a different idea about bitcoin, so a user should invest even if he knows well about bitcoin.

The point of this is that we need to take real action not just argue with the theory we have because for theoretical problems everyone can definitely do and learn but when the application is what is difficult as well as in bitcoin. When we know anything and learn from scratch about bitcoin but when we never try to invest no matter how much knowledge we have in the end this will only be like a bland vegetable because we never get the sensation of how when bitcoin gets a crash or get the results of the investment we do.
On the other hand, knowledge about bitcoin if it is not used too it will be a useless thing because those who do that he must have missed a great opportunity in vain.

I really agree with you if we have learned about Bitcoin and already understand it then it would be better for us to start trying to practice what we have learned maybe because just learning can be started with little capital and if we understand it well then we can invest with the amount we want so that we can make a profit on the investment. I think whatever knowledge we have learned and we have understood it, it would be better for us to try to put it into practice because by trying we can find out whether we have mastered what we have learned well or not. If we haven't mastered it, we can still learn and correct the mistakes we make, but it would be better to have someone accompany us in studying so that we can direct us in a better direction.

[Sim_card]

The knowledge of bitcoin is important but experience is the best teacher. You can't tell me that you know a lot about bitcoin without investing and see how it feels to hold bitcoin, because it is easy to know but hard to hodli when you haven't undergo the market emotions and sometimes run at loss due to some wrong decisions that you have made. When you have invested in bitcoin, this is when you will be faced with the reality of bitcoin market but when you only have the knowledge, you will think that the market is as easy as just buying and selling, not knowing that there is a strategy to follow. I could remember when I felt that I have understood bitcoin and rushed into investing with no strategy, I ran at great loss because it was my first bitcoin and later on I came up with a buying strategy that made me to know more about the challenges that comes with bitcoin investment. It is just like someone knows the theory of how to swim, and he went to jump inside the ocean, without practising in a swimming pool. This is how bitcoin knowledge and bitcoin investment is, you need to invest to have the experience of what you feel you know about.

[Inwestour]

It can take a real long time to make up for some of the losses that happen, so when any of us is looking at our investment portfolio, we have to be careful about not losing our principle.  So we should be figuring out ways to establish our various position sizes in such ways that we are not putting our principle at risk.

Yes, I know easier said than done.. but first of all figuring out how much we are going to invest into BTC or other investments, such as 10% of our salary (or some other reasonable amount that allows us to continue to live a reasonable lifestyle). .and then once we have figured out our budget then we have to figure out what to invest into..  If you are a brand new investor, then there does not seem to be anything wrong with putting all or most of your 10% amount into bitcoin until you reach a certain level of 20% to 50% of your annual salary or some other number that you believe to be reasonable and then at some later point, then figure out how to diversify.. and most likely not shitcoins but instead property, equities, commodities, bonds, and cash/cash equivalents... and sure if you cannot resist getting involved in various shitcoins, then restrict your investment into them to no more than 10% of the size of your bitcoin investment.. unless you figure out some angle that is actually good information about some project that you are going to invest into and to go beyond 10% of ther size of your bitcoin investment.

Anyhow, the point is that many times, it does take a long time to build back principle when you end up losing a lot of it (or even all of it) because you got to greedy and/or you failed to limit your position size based on how much risk you were entering into.

Diversification is the next big step that I will need to figure out. Once a certain level of capital is reached, its preservation will be an important issue, and in this case, diversification into less risky investments will be a logical solution.

It seems simple until you actually experience it personally, then you begin to understand that there are many options, and with little capital you want to choose the best one possible, but this is not so simple. I've never dealt with stocks or bonds, I've only had a little experience with real estate, but I'm not sure that's what I'd like to invest in. If we talk about goods, this will most likely imply that I will be doing business, but this is not very interesting to me either. At the moment I have achieved a good standard of living and have begun to value my time, so I would like to spend more time with my family. And Bitcoin looks like a very good investment in this case, I buy Bitcoin and wait for my goals, it doesn’t require much of my time.

[Frankolala]

I don't know why people feel that knowing only the theory of bitcoin is ok, without investing. Before theory will be written, there must be a practical to prove that is it true and accepted by scientist after which, other scientist must have followed the whole process with observation and conclusion. It is the same with bitcoin, the knowledge that will have about bitcoin was put into practices first before it was written for us to know. If Satoshi and his group, only have the knowledge and didn't practice it for them to have a conclusion on how bitcoin works, we wouldn't be here passing bitcoin knowledge to people and learning.

With all these stated above, anyone without bitcoin investment and claims that he has the knowledge is only like a clock without the minute and hour hand, because you are just there with your knowledge, and you don't know the reality of what is in your head. Bitcoin investment will expand your knowledge on bitcoin and will help you to towards being successful in your bitcoin journey. A man with the knowledge of bitcoin is an ordinary person, but a man that has the knowledge and investment is a bitcoiner, because he says things from experience. Nobody can have all the knowledge of bitcoin in this world, but with the little one that you have, it is enough for you to invest and benefit from what you know. There is much knowledge to gain when you have the experience but little knowledge when you know only the theory.

[Learn Bitcoin]

Bitcoin knowledge isn’t complete without investing. I disagreed with that notion when I initially read the OP. I had felt and still somewhat do that it’s not compulsory to invest in bitcoin for you to have complete knowledge about it. You could still know a lot about bitcoin without necessarily investing your money in it.

Correct. We have learned many things in school that we rarely need in real life. But that learning is not wasted. Everyone cannot be a doctor; everyone cannot be an engineer. People learn CRP from medical school. They are not going to be a doctor or a caregiver. But learning CRP is the important thing. You can help people and your family members when needed.

I remember we learned geometrics in school, and I wondered what we would do with these things. I don't need geometric knowledge daily, but sometimes I need to know these things in real life. My point is that nothing is a waste.