Buy Buy Buy or Sell Sell Sell?

[Sticky Bomb]

I believe the concept behind investing in Bitcoin is very simple and clear and I don't think we need any research when you already know how to accumulate and hold your Bitcoin because in Bitcoin investment the work there is just to get your discretionary income and know how much to be accumulating with and that's all, you don't have to research about anything unless you have another motive.

This your statement that I highlighted really baffles me because I expected better from you showlov01. So if an investor only have the basic knowledge on how to buy and accumulate, he shouldn't seek more knowledge by doing more research on how to develop a strong holding hands, by putting his emergency and reserve funds in place that will aid his investment and make him no to contemplate on selling during emergencies.
So if you must know, doing research and attaining more knowledge on what and what is required in other not to sell prematurely is very important, that doesn't mean that you have other motive in mind, or you are trying to say that because you already have the basic knowledge on how to buy, accumulate Bitcoin and hold Bitcoin, making research and going for more knowledge is bad?
No bro.

Apparently, what you are trying to say is once you have the basic knowledge of Bitcoin and can apply it, then you are good to go, isn't there much to learn about Bitcoin, what about the investment methods, the Lump sum, the DCA and the other method, what if a newbie knows how to combine these 3 method of investment, wouldn't it add to the basic knowledge he or she already posseses and help them drive their Bitcoin investment to the next possible level, no matter where one is at the moment, I believe there is always another level to reach out for, and going beyond the basics is also important in Bitcoin.

For Bitcoin investment to take place, basic knowledge is required only which includes on an important note being sure of having discretionary income, You also need to have plans on building out your backup funds such as emergency fund and other variances alongside your Bitcoin accumulation journey to help protect your investment from being tampered. Have an accumulation target and long-term holding period.

Accumulation strategy is part of the basic knowledge since you should know a strategy or more than one that suits your finances to employ to kickstart and follow up your Bitcoin accumulation journey. There's still lots of technical analysis, market analysis and other features that makes up Bitcoin that you may want to know in the future but its better to kickstart ASAP you know the basics and can continue to learn more about Bitcoin as you advance in your Bitcoin accumulation journey as Bitcoin is best learned practically than theoretically.

Again when you keep learning and not take action you'll find out on the long-run that you've wasted lots of time on theory since Bitcoin has a large learning curve and would take you a long time to fully grasp so you might miss out on good opportunities to acquire a decent portfolio of Bitcoin while you're busy learning outside the markets instead of doing that practically within the markets.

[Tonimez]

I believe the concept behind investing in Bitcoin is very simple and clear and I don't think we need any research when you already know how to accumulate and hold your Bitcoin because in Bitcoin investment the work there is just to get your discretionary income and know how much to be accumulating with and that's all, you don't have to research about anything unless you have another motive.

This your statement that I highlighted really baffles me because I expected better from you showlov01. So if an investor only have the basic knowledge on how to buy and accumulate, he shouldn't seek more knowledge by doing more research on how to develop a strong holding hands, by putting his emergency and reserve funds in place that will aid his investment and make him no to contemplate on selling during emergencies.
So if you must know, doing research and attaining more knowledge on what and what is required in other not to sell prematurely is very important, that doesn't mean that you have other motive in mind, or you are trying to say that because you already have the basic knowledge on how to buy, accumulate Bitcoin and hold Bitcoin, making research and going for more knowledge is bad?
No bro.

Apparently, what you are trying to say is once you have the basic knowledge of Bitcoin and can apply it, then you are good to go, isn't there much to learn about Bitcoin, what about the investment methods, the Lump sum, the DCA and the other method, what if a newbie knows how to combine these 3 method of investment, wouldn't it add to the basic knowledge he or she already posseses and help them drive their Bitcoin investment to the next possible level, no matter where one is at the moment, I believe there is always another level to reach out for, and going beyond the basics is also important in Bitcoin.

It's either you guys are misunderstanding the concept of basic knowledge of bitcoin because what @Showlov01 painted is not completely wrong. As a beginner who wants to go into bitcoin investment, you don't need to learn all about bitcoin before investing as a beginner because even old investors who are experienced in bitcoin have not even learnt everything about bitcoin. Basic knowledge includes, knowing how to add money to your wallet, how to buy the bitcoin, how to invest (strategies: DCA, Lump-sums or buying the dip). Then the person would need to understand the role of emergency funds and back up funds and the concept of discretionary income.

This knowledge is peripheral because there are more to know about bitcoin which he can learn along the way as he is investing in bitcoin. He should not start asking to understand things that may lure him into bitcoin trading and he also needs to believe in bitcoin. There are more about bitcoin, but this knowledge is only basic and it can be learnt in the shortest time and the next thing will be to invest immediately.

[laspol65]

I believe the concept behind investing in Bitcoin is very simple and clear and I don't think we need any research when you already know how to accumulate and hold your Bitcoin because in Bitcoin investment the work there is just to get your discretionary income and know how much to be accumulating with and that's all, you don't have to research about anything unless you have another motive.

This your statement that I highlighted really baffles me because I expected better from you showlov01. So if an investor only have the basic knowledge on how to buy and accumulate, he shouldn't seek more knowledge by doing more research on how to develop a strong holding hands, by putting his emergency and reserve funds in place that will aid his investment and make him no to contemplate on selling during emergencies.
So if you must know, doing research and attaining more knowledge on what and what is required in other not to sell prematurely is very important, that doesn't mean that you have other motive in mind, or you are trying to say that because you already have the basic knowledge on how to buy, accumulate Bitcoin and hold Bitcoin, making research and going for more knowledge is bad?
No bro.

Apparently, what you are trying to say is once you have the basic knowledge of Bitcoin and can apply it, then you are good to go, isn't there much to learn about Bitcoin, what about the investment methods, the Lump sum, the DCA and the other method, what if a newbie knows how to combine these 3 method of investment, wouldn't it add to the basic knowledge he or she already posseses and help them drive their Bitcoin investment to the next possible level, no matter where one is at the moment, I believe there is always another level to reach out for, and going beyond the basics is also important in Bitcoin.

There is no substitute for learning about Bitcoin, the more you learn, the more experienced you will become. Because your experience will lead you to success, where if you follow the DCA method of investing in Bitcoin, you can grow more money and increase the rate of Bitcoin DCA method every week. Because the more you follow the DCA method, the bigger your portfolio will be, and the higher your benefits will be as you invest according to your ability.
The further you move forward with your Bitcoin investment, the more experience you will need and you will be able to gain education step by step. So there is no substitute for gaining education about Bitcoin investment.

[Loyang]

It is wrong to jump into something you don't know or have a clue on how it works and how to go about it simply because you saw people doing it or because you heard there is something great in it at the end. But some people are so naive and greed to the point they don't even care, all they want is just to make money and later they see themselves doing the wrong thing or going the wrong way. learning the basic of Bitcoin won't take time so why can't some people have a little patient. Bitcoin is a nice asset and it is not running so there is no need to rush and start without having a clue about it and some people make mistake and get into trouble because they see their friends who already know how this works doing well and so they will want to compete or try to accumulate more than them, the best thing to do in your Bitcoin investment journey is to mind your business and don't reason how big or small someone's portfolio is.

Boss, I cannot completely agree with your comment. Because a person can lose everything by trading or trading Bitcoin. A person should always move towards long-term investment. Because the risk of losing money in long-term investment is very low. From the beginning till now, everyone has benefited from long-term investment. Just because it has happened in the past, there is no guarantee that it will happen in the future, but compared to short-term investment, the possibility of losing your money in long-term investment is much less.

If a person does trading, then the possibility of losing his money is much higher and it takes a person a long time to learn trading. For example, many times it is seen that a person takes 2 years to learn trading, and sometimes it is seen that many people cannot learn it in 4 years. Very few people have been able to succeed in trading, for example, 5% out of 100% can succeed in trading and the rest just lose all their money. So never think about trading, invest for the long term and keep buying consistently, it will be best.

[martinex]

If a person does trading, then the possibility of losing his money is much higher and it takes a person a long time to learn trading. For example, many times it is seen that a person takes 2 years to learn trading, and sometimes it is seen that many people cannot learn it in 4 years. Very few people have been able to succeed in trading, for example, 5% out of 100% can succeed in trading and the rest just lose all their money. So never think about trading, invest for the long term and keep buying consistently, it will be best.

Don't judge people with low success rates immediately because we know them, what patterns they use, and it seems like many people don't show off and say they've made a certain amount of profit because they know the inherent risks of continuing to do so.

Investing long-term, consistently, and being the best is good advice, but it's been said thousands, even millions, of times by our friends here and our seniors. It seems like we need new, constructive and useful ideas for this thread to implement, because the world keeps moving and doesn't wait for us.

[Barikui1]

There is no substitute for learning about Bitcoin, the more you learn, the more experienced you will become. Because your experience will lead you to success, estment.

I agree with your sentiment that learning is very important if you want to know what and what is required to invest in Bitcoin and be successful, but you need to understand that you don't have to get burnt first before you understand how to invest and be successful.
Once you learn and have the basic knowledge on Bitcoin and how to go about your accumulation through the dca accumulating strategy or through lump sum strategy, all you just need is to seek further knowledge on what needs to be done and what needs to be in place to develop a stronger holding hands, and that is by putting your emergency and reserve funds in case of the rainy days.
What am trying to say is that you don't have to fail or get burnt first before you get it right, it is only ignorant investors that do such, not a wise investor.

[Yablee0]

I believe the concept behind investing in Bitcoin is very simple and clear and I don't think we need any research when you already know how to accumulate and hold your Bitcoin because in Bitcoin investment the work there is just to get your discretionary income and know how much to be accumulating with and that's all, you don't have to research about anything unless you have another motive.

This your statement that I highlighted really baffles me because I expected better from you showlov01. So if an investor only have the basic knowledge on how to buy and accumulate, he shouldn't seek more knowledge by doing more research on how to develop a strong holding hands, by putting his emergency and reserve funds in place that will aid his investment and make him no to contemplate on selling during emergencies.
So if you must know, doing research and attaining more knowledge on what and what is required in other not to sell prematurely is very important, that doesn't mean that you have other motive in mind, or you are trying to say that because you already have the basic knowledge on how to buy, accumulate Bitcoin and hold Bitcoin, making research and going for more knowledge is bad?
No bro.

Apparently, what you are trying to say is once you have the basic knowledge of Bitcoin and can apply it, then you are good to go, isn't there much to learn about Bitcoin, what about the investment methods, the Lump sum, the DCA and the other method, what if a newbie knows how to combine these 3 method of investment, wouldn't it add to the basic knowledge he or she already posseses and help them drive their Bitcoin investment to the next possible level, no matter where one is at the moment, I believe there is always another level to reach out for, and going beyond the basics is also important in Bitcoin.

@showlove01, I don't think making more research as an investor to enquire more about bitcoin investment plan is  a bad idea or any kind of having other motive because it can be a way of having more knowledge or ideas that can aid up your investment journey to a greater state, however making you more familiar about it ways and technics that can enable a smooth bitcoin investment plan.

As an enthusiast of bitcoin that I believe you are, you are surpose to know the importance of research in this bitcoin business, the ability of making your own findings by your self and having positive results that you need in achieving your goals is what makes you a good and competent investor. Therefore I disagree with you on this statement and I endorse research methodology as a possible way out any investor can ever think of.

[Proty]

If a person does trading, then the possibility of losing his money is much higher and it takes a person a long time to learn trading. For example, many times it is seen that a person takes 2 years to learn trading, and sometimes it is seen that many people cannot learn it in 4 years. Very few people have been able to succeed in trading, for example, 5% out of 100% can succeed in trading and the rest just lose all their money. So never think about trading, invest for the long term and keep buying consistently, it will be best.

Don't judge people with low success rates immediately because we know them, what patterns they use, and it seems like many people don't show off and say they've made a certain amount of profit because they know the inherent risks of continuing to do so.

Investing long-term, consistently, and being the best is good advice, but it's been said thousands, even millions, of times by our friends here and our seniors. It seems like we need new, constructive and useful ideas for this thread to implement, because the world keeps moving and doesn't wait for us.

It depends on how you see it to me , he just stated the obvious truth. Trading is very risky and it involves a lot of technicalities, reading of graphs and try to time the market. So all of this do takes time if one can begin to follow along even as that ,there is high potential of losing ones funds. To avoid putting your assets into unnecessary risk, it will be more advisable to prioritise investing in bitcoin and holding for a long time instead toeing the part of trading. There is high rate of loss in trading so he isn't judging anyone.

[Marvelockg]

Investing long-term, consistently, and being the best is good advice, but it's been said thousands, even millions, of times by our friends here and our seniors. It seems like we need new, constructive and useful ideas for this thread to implement, because the world keeps moving and doesn't wait for us.

we do not need new ideas before we talk about effective implementation of all the good ideas we are already getting by engaging in this thread. if you as an investor tries to implement as much as 60% of the idea that is contained in this thread, it is enough for you to build your portfolio with such ideas without sourcing for extra new strategies outside that will aid in effective investment.

the world is moving no doubt but that does not mean that we should now stop doing what has been proven to have worked thus and go into what we are not even certain will work. concept like investing using the DCA, setting out an emergency funds and making proper plans for all your expenses are things that will remain relevant regardless of how fast the world is moving. refusing to set out an emergency fund just because you feel such information is now obsolete will endanger your investment far more than any strategy you are hoping to work with.

[Gallar]

There is no substitute for learning about Bitcoin, the more you learn, the more experienced you will become. Because your experience will lead you to success, where if you follow the DCA method of investing in Bitcoin, you can grow more money and increase the rate of Bitcoin DCA method every week. Because the more you follow the DCA method, the bigger your portfolio will be, and the higher your benefits will be as you invest according to your ability.
The further you move forward with your Bitcoin investment, the more experience you will need and you will be able to gain education step by step. So there is no substitute for gaining education about Bitcoin investment.

Yes, I agree with you, because it is true that when we want to invest in bitcoin, we definitely have to learn the basics of bitcoin first. Because if we don't learn anything about bitcoin, when we invest in it, I think we are like walking into a dark place without a flashlight. That is why, when we want to invest in Bitcoin, we must at least know how to create a wallet, deposit money into an exchange, and vice versa. I think this is very important, because if we don't learn these things, we will certainly find it a little difficult to invest in Bitcoin.

But what I want to emphasize is, don't forget to start investing in Bitcoin immediately once you know the basics and have discretionary funds. So don't spend too much time learning about it without actually starting to invest in Bitcoin. I also think this approach is less than ideal, because in Bitcoin investing, we must truly be able to capitalize on every available opportunity. So if you want to learn more about Bitcoin, you can learn while actively investing in it.

[Showlove01]

I believe the concept behind investing in Bitcoin is very simple and clear and I don't think we need any research when you already know how to accumulate and hold your Bitcoin because in Bitcoin investment the work there is just to get your discretionary income and know how much to be accumulating with and that's all, you don't have to research about anything unless you have another motive.

This your statement that I highlighted really baffles me because I expected better from you showlov01. So if an investor only have the basic knowledge on how to buy and accumulate, he shouldn't seek more knowledge by doing more research on how to develop a strong holding hands, by putting his emergency and reserve funds in place that will aid his investment and make him no to contemplate on selling during emergencies.
So if you must know, doing research and attaining more knowledge on what and what is required in other not to sell prematurely is very important, that doesn't mean that you have other motive in mind, or you are trying to say that because you already have the basic knowledge on how to buy, accumulate Bitcoin and hold Bitcoin, making research and going for more knowledge is bad?
No bro.

Apparently, what you are trying to say is once you have the basic knowledge of Bitcoin and can apply it, then you are good to go, isn't there much to learn about Bitcoin, what about the investment methods, the Lump sum, the DCA and the other method, what if a newbie knows how to combine these 3 method of investment, wouldn't it add to the basic knowledge he or she already posseses and help them drive their Bitcoin investment to the next possible level, no matter where one is at the moment, I believe there is always another level to reach out for, and going beyond the basics is also important in Bitcoin.

@showlove01, I don't think making more research as an investor to enquire more about bitcoin investment plan is  a bad idea or any kind of having other motive because it can be a way of having more knowledge or ideas that can aid up your investment journey to a greater state, however making you more familiar about it ways and technics that can enable a smooth bitcoin investment plan.

As an enthusiast of bitcoin that I believe you are, you are surpose to know the importance of research in this bitcoin business, the ability of making your own findings by your self and having positive results that you need in achieving your goals is what makes you a good and competent investor. Therefore I disagree with you on this statement and I endorse research methodology as a possible way out any investor can ever think of.

It is normal to disagree but the question is what kind of research are you talking about or what kind of research do you intend to do or make,  is it the research to know how Bitcoin movement works? Is it the research to know what causes Bitcoin investment? Is the research to know when Bitcoin will dip or surge? What kind of research are you trying to make? I would love to hear and also learn from the kind of research you are talking about because I still believe the most important thing is knowing how get your discretionary income, how to invest and hold and doing things that ought to be done.

[jems]

There is no substitute for learning about Bitcoin, the more you learn, the more experienced you will become. Because your experience will lead you to success, where if you follow the DCA method of investing in Bitcoin, you can grow more money and increase the rate of Bitcoin DCA method every week. Because the more you follow the DCA method, the bigger your portfolio will be, and the higher your benefits will be as you invest according to your ability.
The further you move forward with your Bitcoin investment, the more experience you will need and you will be able to gain education step by step. So there is no substitute for gaining education about Bitcoin investment.

Yes, I agree with you, because it is true that when we want to invest in bitcoin, we definitely have to learn the basics of bitcoin first. Because if we don't learn anything about bitcoin, when we invest in it, I think we are like walking into a dark place without a flashlight. That is why, when we want to invest in Bitcoin, we must at least know how to create a wallet, deposit money into an exchange, and vice versa. I think this is very important, because if we don't learn these things, we will certainly find it a little difficult to invest in Bitcoin.

But what I want to emphasize is, don't forget to start investing in Bitcoin immediately once you know the basics and have discretionary funds. So don't spend too much time learning about it without actually starting to invest in Bitcoin. I also think this approach is less than ideal, because in Bitcoin investing, we must truly be able to capitalize on every available opportunity. So if you want to learn more about Bitcoin, you can learn while actively investing in it.

Those are the basics that I don't think are difficult, and indeed, to invest in Bitcoin, we don't need to overthink things to the point of fear. The important thing is to believe in Bitcoin's future, and that's enough to commit to investing in Bitcoin with ourselves so we can be consistent in our investments for the future.
Things beyond that come back to ourselves. Fundamentally, managing our finances requires us to be able to manage our money well in any investment we make.

[Cgrexp]

Those are the basics that I don't think are difficult, and indeed, to invest in Bitcoin, we don't need to overthink things to the point of fear. The important thing is to believe in Bitcoin's future, and that's enough to commit to investing in Bitcoin with ourselves so we can be consistent in our investments for the future.
Things beyond that come back to ourselves. Fundamentally, managing our finances requires us to be able to manage our money well in any investment we make.

Everyone's risk-taking ability and attitude are different. Some can invest more, some less, some may keep less investment or want to get out because of doubts about Bitcoin, which is not wrong. Those who have good research and faith in Bitcoin decide to invest. And invest the right amount according to the level of faith. Many people still do not have enough knowledge about Bitcoin or do not have faith, so they invest less. So making an investment decision and deciding the amount is different. You should decide according to your own beliefs and situation.

[Qhunman]

It is normal to disagree but the question is what kind of research are you talking about or what kind of research do you intend to do or make,  is it the research to know how Bitcoin movement works? Is it the research to know what causes Bitcoin investment? Is the research to know when Bitcoin will dip or surge? What kind of research are you trying to make? I would love to hear and also learn from the kind of research you are talking about because I still believe the most important thing is knowing how get your discretionary income, how to invest and hold and doing things that ought to be done.

You're right, what type of research and how long should we researched before investing in Bitcoin. Some research takes months and sometimes years that's if continue researching,we might end up not investing in Bitcoin at all. Whatever we are researching to know about Bitcoin should be the basics because if we continue seeking knowledge excessively,it will be difficult to make decisions. We shouldn't be seeking excessive knowledge about Bitcoin because it have its Pros & cons but what we should be doing researching is knowing how to figure out a Discretional income from our pay jobs to buy Bitcoin,build an Emergency fund & Reserve fund as backup/safe Haven for our investments while Holding for the long term.

[Joeboy]

I believe the concept behind investing in Bitcoin is very simple and clear and I don't think we need any research when you already know how to accumulate and hold your Bitcoin because in Bitcoin investment the work there is just to get your discretionary income and know how much to be accumulating with and that's all, you don't have to research about anything unless you have another motive.

This your statement that I highlighted really baffles me because I expected better from you showlov01. So if an investor only have the basic knowledge on how to buy and accumulate, he shouldn't seek more knowledge by doing more research on how to develop a strong holding hands, by putting his emergency and reserve funds in place that will aid his investment and make him no to contemplate on selling during emergencies.
So if you must know, doing research and attaining more knowledge on what and what is required in other not to sell prematurely is very important, that doesn't mean that you have other motive in mind, or you are trying to say that because you already have the basic knowledge on how to buy, accumulate Bitcoin and hold Bitcoin, making research and going for more knowledge is bad?
No bro.

Apparently, what you are trying to say is once you have the basic knowledge of Bitcoin and can apply it, then you are good to go, isn't there much to learn about Bitcoin, what about the investment methods, the Lump sum, the DCA and the other method, what if a newbie knows how to combine these 3 method of investment, wouldn't it add to the basic knowledge he or she already posseses and help them drive their Bitcoin investment to the next possible level, no matter where one is at the moment, I believe there is always another level to reach out for, and going beyond the basics is also important in Bitcoin.

When  talking about the basic knowledge needed for Bitcoin Accumulation, it includes thingz like knowing where to buy, where to temporarily keep/store your Bitcoin, understanding what discretionary income and and it's very importance, and also knowing about the basic accumulating strategies ( preferably the DCA strategy due to its simplicity and stress free nature

Now, if the newbie has already known about these 3 strategies/ method of investment and how to combine them prior to the Bitcoin  accumulation journey, then that's definitely an added advantage for them...... Beyond this basic knowledge that I mentioned there are still more to learn about Bitcoin, but  then with time and experience, this other advanced/technical knowledge can be learnt while the newbie is already in their Accumulation process.

[taibodi]

I believe the concept behind investing in Bitcoin is very simple and clear and I don't think we need any research when you already know how to accumulate and hold your Bitcoin because in Bitcoin investment the work there is just to get your discretionary income and know how much to be accumulating with and that's all, you don't have to research about anything unless you have another motive.

This your statement that I highlighted really baffles me because I expected better from you showlov01. So if an investor only have the basic knowledge on how to buy and accumulate, he shouldn't seek more knowledge by doing more research on how to develop a strong holding hands, by putting his emergency and reserve funds in place that will aid his investment and make him no to contemplate on selling during emergencies.
So if you must know, doing research and attaining more knowledge on what and what is required in other not to sell prematurely is very important, that doesn't mean that you have other motive in mind, or you are trying to say that because you already have the basic knowledge on how to buy, accumulate Bitcoin and hold Bitcoin, making research and going for more knowledge is bad?
No bro.

Apparently, what you are trying to say is once you have the basic knowledge of Bitcoin and can apply it, then you are good to go, isn't there much to learn about Bitcoin, what about the investment methods, the Lump sum, the DCA and the other method, what if a newbie knows how to combine these 3 method of investment, wouldn't it add to the basic knowledge he or she already posseses and help them drive their Bitcoin investment to the next possible level, no matter where one is at the moment, I believe there is always another level to reach out for, and going beyond the basics is also important in Bitcoin.

It's either you guys are misunderstanding the concept of basic knowledge of bitcoin because what @Showlov01 painted is not completely wrong. As a beginner who wants to go into bitcoin investment, you don't need to learn all about bitcoin before investing as a beginner because even old investors who are experienced in bitcoin have not even learnt everything about bitcoin. Basic knowledge includes, knowing how to add money to your wallet, how to buy the bitcoin, how to invest (strategies: DCA, Lump-sums or buying the dip). Then the person would need to understand the role of emergency funds and back up funds and the concept of discretionary income.

This knowledge is peripheral because there are more to know about bitcoin which he can learn along the way as he is investing in bitcoin. He should not start asking to understand things that may lure him into bitcoin trading and he also needs to believe in bitcoin. There are more about bitcoin, but this knowledge is only basic and it can be learnt in the shortest time and the next thing will be to invest immediately.

Yes, I agree with your opinion. Basic knowledge is necessary in Bitcoin investment, but I think you must first be involved in investment to gain basic knowledge. If you are not involved in investment, there will be no need to gain knowledge. To know or understand your Bitcoin investment, you must know the investment method. For example, what is the DCA method? What is discretionary income? How to form an emergency fund? How to form a bekab fund? But I think we first need humanity, that I will invest in Bitcoin and hold it for a long time. It is important to have faith in Bitcoin in Bitcoin investment. There is a saying that faith will bring confusion in the matter of argument. So we want to invest with faith, not confusion. And that investment in Bitcoin will be in the long term. Our experienced old investors also said about Bitcoin that the fruits of patience are sweet. We think it is better not to be in the risk of trading. We will keep investing in Bitcoin for the long term with self-confidence.

[Emjay24]

Now, if the newbie has already known about these 3 strategies/ method of investment and how to combine them prior to the Bitcoin  accumulation journey, then that's definitely an added advantage for them...... Beyond this basic knowledge that I mentioned there are still more to learn about Bitcoin, but  then with time and experience, this other advanced/technical knowledge can be learnt while the newbie is already in their Accumulation process.

you are right, bitcoin is better learned while already involved with it as against being a spectator, the basic knowledge is required to kickstart your investment and while you advance in your accumulation journey you can begin to master the markets and understand it some more, learn more about bitcoin transaction features like RBF CPFP, Conjoin and even learn other important anonymity breaches like dust attacks, chain analysis and others. There are many things to learn about bitcoin which makes the learning curve very high but a new investor would be doing himself a great favour by starting out his investment with basic knowledge and learn others on the accumulation process. I was able to understand most of these terms I mentioned better when I started my accumulation journey and practically tried out RBF and again was able to understand different wallet features since I now practice with actual wallets as against just reading them up on the net. I have even learned how to run my own node and the benefits of doing so which is for more privacy and to support the network. it is very fun learning practically as against theoretically when not involved directly with bitcoin.

[Money bag]

I believe the concept behind investing in Bitcoin is very simple and clear and I don't think we need any research when you already know how to accumulate and hold your Bitcoin because in Bitcoin investment the work there is just to get your discretionary income and know how much to be accumulating with and that's all, you don't have to research about anything unless you have another motive.

This your statement that I highlighted really baffles me because I expected better from you showlov01. So if an investor only have the basic knowledge on how to buy and accumulate, he shouldn't seek more knowledge by doing more research on how to develop a strong holding hands, by putting his emergency and reserve funds in place that will aid his investment and make him no to contemplate on selling during emergencies.
So if you must know, doing research and attaining more knowledge on what and what is required in other not to sell prematurely is very important, that doesn't mean that you have other motive in mind, or you are trying to say that because you already have the basic knowledge on how to buy, accumulate Bitcoin and hold Bitcoin, making research and going for more knowledge is bad?
No bro.

Apparently, what you are trying to say is once you have the basic knowledge of Bitcoin and can apply it, then you are good to go, isn't there much to learn about Bitcoin, what about the investment methods, the Lump sum, the DCA and the other method, what if a newbie knows how to combine these 3 method of investment, wouldn't it add to the basic knowledge he or she already posseses and help them drive their Bitcoin investment to the next possible level, no matter where one is at the moment, I believe there is always another level to reach out for, and going beyond the basics is also important in Bitcoin.

The point is that you don't need to know everything about bitcoin before you can start investing but along the way of your investment there is nothing wrong with acquiring more bitcoin related knowledge, where the problem comes in is when people spend valuable investment time in learning everything they can about bitcoin when they haven't even started investing yet, you don't need all that knowledge to start your investment but it will help to acquire the knowledge later on while you are already accumulating bitcoin, I mean someone needs to understand what market correction means, you can't just be telling yourself that no matter how low the price go it will still come back up, this isn't wrong but eventually you need to understand why the price fluctuates.

[Crytohillss]

I believe the concept behind investing in Bitcoin is very simple and clear and I don't think we need any research when you already know how to accumulate and hold your Bitcoin because in Bitcoin investment the work there is just to get your discretionary income and know how much to be accumulating with and that's all, you don't have to research about anything unless you have another motive.

This your statement that I highlighted really baffles me because I expected better from you showlov01. So if an investor only have the basic knowledge on how to buy and accumulate, he shouldn't seek more knowledge by doing more research on how to develop a strong holding hands, by putting his emergency and reserve funds in place that will aid his investment and make him no to contemplate on selling during emergencies.
So if you must know, doing research and attaining more knowledge on what and what is required in other not to sell prematurely is very important, that doesn't mean that you have other motive in mind, or you are trying to say that because you already have the basic knowledge on how to buy, accumulate Bitcoin and hold Bitcoin, making research and going for more knowledge is bad?
No bro.

Apparently, what you are trying to say is once you have the basic knowledge of Bitcoin and can apply it, then you are good to go, isn't there much to learn about Bitcoin, what about the investment methods, the Lump sum, the DCA and the other method, what if a newbie knows how to combine these 3 method of investment, wouldn't it add to the basic knowledge he or she already posseses and help them drive their Bitcoin investment to the next possible level, no matter where one is at the moment, I believe there is always another level to reach out for, and going beyond the basics is also important in Bitcoin.

The point is that you don't need to know everything about bitcoin before you can start investing but along the way of your investment there is nothing wrong with acquiring more bitcoin related knowledge, where the problem comes in is when people spend valuable investment time in learning everything they can about bitcoin when they haven't even started investing yet, you don't need all that knowledge to start your investment but it will help to acquire the knowledge later on while you are already accumulating bitcoin, I mean someone needs to understand what market correction means, you can't just be telling yourself that no matter how low the price go it will still come back up, this isn't wrong but eventually you need to understand why the price fluctuates.

Absolutely before investing on Bitcoin one should have some ideal of investment before starting , the point is that having some knowledge is a combination of force to dive into Bitcoin. Yes if we have the right knowledge to invest in Bitcoin there is no need of going for research to accumulate Bitcoin, sometimes we need to know why the market go up  or down.

 

[Grace333]

There is no substitute for learning about Bitcoin, the more you learn, the more experienced you will become. Because your experience will lead you to success, where if you follow the DCA method of investing in Bitcoin, you can grow more money and increase the rate of Bitcoin DCA method every week. Because the more you follow the DCA method, the bigger your portfolio will be, and the higher your benefits will be as you invest according to your ability.
The further you move forward with your Bitcoin investment, the more experience you will need and you will be able to gain education step by step. So there is no substitute for gaining education about Bitcoin investment.

Yes, I agree with you, because it is true that when we want to invest in bitcoin, we definitely have to learn the basics of bitcoin first. Because if we don't learn anything about bitcoin, when we invest in it, I think we are like walking into a dark place without a flashlight. That is why, when we want to invest in Bitcoin, we must at least know how to create a wallet, deposit money into an exchange, and vice versa. I think this is very important, because if we don't learn these things, we will certainly find it a little difficult to invest in Bitcoin.

But what I want to emphasize is, don't forget to start investing in Bitcoin immediately once you know the basics and have discretionary funds. So don't spend too much time learning about it without actually starting to invest in Bitcoin. I also think this approach is less than ideal, because in Bitcoin investing, we must truly be able to capitalize on every available opportunity. So if you want to learn more about Bitcoin, you can learn while actively investing in it.

Those are the basics that I don't think are difficult, and indeed, to invest in Bitcoin, we don't need to overthink things to the point of fear. The important thing is to believe in Bitcoin's future, and that's enough to commit to investing in Bitcoin with ourselves so we can be consistent in our investments for the future.
Things beyond that come back to ourselves. Fundamentally, managing our finances requires us to be able to manage our money well in any investment we make.

That is actually true bro. Most people use to overcomplicate Bitcoin investment like it is some sort of mystery, but in reality, it is just about understanding the basics and having the right mindset.
If you genuinely believe in its long term potential, you would not panic during dips or get too excited during pumps,  you will just stay consistent. At the end of the day, discipline and proper money management matter more than trying to time the market or chase quick profits…