Does the DCA strategy inspire newbies to invest?

[Qhunman]

Anyone buying Bitcoin with all their income are nothing but gambling rather than investing, such person is gambling with their emotions and money and they will never have peace of mind, putting all your income is the craziest thing anyone can do because you will end up panic selling and in most cases with the price below your buying points, no one e should invest with all their income because there are other important needs which you have to take care and also emergency may as well happen, you can invest aggressively just within your own capacity and that is your own aggressive level after ensuring your basic needs are well taken care of.

Your right, buying bitcoin from your basic income isn't investing but gambling. If we invest all our survival money in bitcoin then how are we going to settle basic needs?. The truth is we won't be able settle our basic need which eventually will force us sell our bitcoin investment premature to met them. This is why it essential not to buy bitcoin from our survival income but to buy from the leftover money after all our essential expenses have been covered which is discretionary income. So investing using discretionary income is necessary and not not survival income, using all their survival income to invest in bitcoin is gambling because they will eventually sell their bitcoin investment prematurely to pay for their basic needs.

[Olatundespo]

I find investors using the DCA strategy invest for the long term.
Special Considerations Should Beginners Follow the DCA Method for Bitcoin Investments? What Can Be the Outcome -Future

See there are different strategies for investing so everyone has a different investment strategy. But the point you mentioned here is especially suitable for new investors because they are not very experienced with Bitcoin when they are new. As a result they can start investing through DCA even if they are less experienced.

My dear eople of naija!
I greet all the elders and everyone here O. My regards!
Please O, I’m a newbie here though, and I'm eager to learn! I've been studying the threads for a while now, and I’ve made my first two posts. Actually I have been hearing about DCA (Dollar-Cost Averaging) and would really appreciate any guidance from this platform, on how to get started.
Thanks in advance!

You don't need a lot of equipment to start saving Bitcoin, nor do you need to be very knowledgeable about Bitcoin. Learn the basics of Bitcoin and learn how to buy Bitcoin through a reliable exchange. The Dollar Cost Averaging (DCA) strategy for accumulating Bitcoin is a very convenient method.

If you are completely new to Bitcoin investing, you can start saving Bitcoin today. One of the necessary tools is a discretionary fund. You don't have to be a very rich person to become a bitcoineer. You don't even have to steady source of income. Even if you have a temporary source of income, the mental preparation for long term Bitcoin accumulation can help make DCA effective.

Although this strategy can be tempting to accumulate Bitcoin consistently, if you can be in Bitcoin regularly, you can build a large holding. The main advantage of the DCA strategy is that it is a Bitcoin accumulation strategy regardless of the price. Through which you will not be afraid when the price of Bitcoin increases or decreases and you will be able to do regularly if a long term mindset.

[Showlove01]

I find investors using the DCA strategy invest for the long term.
Special Considerations Should Beginners Follow the DCA Method for Bitcoin Investments? What Can Be the Outcome -Future

See there are different strategies for investing so everyone has a different investment strategy. But the point you mentioned here is especially suitable for new investors because they are not very experienced with Bitcoin when they are new. As a result they can start investing through DCA even if they are less experienced.

My dear eople of naija!
I greet all the elders and everyone here O. My regards!
Please O, I’m a newbie here though, and I'm eager to learn! I've been studying the threads for a while now, and I’ve made my first two posts. Actually I have been hearing about DCA (Dollar-Cost Averaging) and would really appreciate any guidance from this platform, on how to get started.
Thanks in advance!

You are welcome to the forum, and first you should try to learn how to navigate this forum so you don't make mistakes and I recommend you go to the beginners and help board so you can learn some things there and also your local board  before trying to learn about Bitcoin because Bitcoin investment is something you don't need or have to rush so that you don't make mistakes  but if you still want to follow up from here then you should pay more attention to reading and making sure you understand whatever thing you are reading that's how to grow.

[ZeroVinsonN]

Using DCA strategy to accumulate Bitcoin is very good, it makes acculation very easy and I'm sure that everyone that are using it are using it and enjoying it a lot of people in this forum are also using it and I have not seen anyone complaining about the strategy.
DCA strategy those not inspire newbies to accumulate Bitcoin it's a strategy and what makes or inspire newbies to accumulate or invest in Bitcoin is because of the profit they can get if they invest in Bitcoin, some people that even started investing in Bitcoin did not know about this strategy it was when the started using or investing in Bitcoin and they came to this forum that they knew about the strategy and they started using it so this strategy does not inspire newbies to accumulate or invest in Bitcoin, it only makes accumulation easy after they most have started investing.

To some extent i disagree with you, telling a newbie that is able to sort out their discretionary funds and is ready to invest about Bitcoin and the profit that will likely come with it always sound inspiring for sure, but when they decide to start accumulating bitcoin and they find out about the DCA strategy, that will be an extra boost in their conviction and/or determination to continue because it doesn’t limit them to a particular amount to invest in Bitcoin, rather as long as they’ve got discretionary funds despite how wimpy it may seem, they’ll be able to buy some fraction of bitcoin.

Wanting to invest in bitcoin and then finding out that there is a strategy to invest with that will accommodate your financial status provided that you have discretionary funds available to you is definitely going to get inspire you to invest even more, the first inspiration might not have come for the strategy itself but that doesn't rule out the possibility of getting inspired by the strategy, if I wanted to start investing in bitcoin and I was told that in order to start I would have to purchase with a huge amount of money then I would probably get discouraged but the moment i realize that I can invest periodically with very little amount of money as that I can afford, that on its own is a whole new inspiration, another reason to want to invest in bitcoin.

[abaeze]

I think it is very important to have multiple sources of income to invest. Otherwise, the investment will eventually collapse.

You are wrong, because there is no way your Bitcoin investment will collapse if you don't have multiple sources of income. Secondly you don't need have multiple sources of income before you can get started with Bitcoin, what you need to get started with Bitcoin is discretionary income money left after settling your basic needs and expenses either for the week or for the month. What is important is having a discretionary income to purchase Bitcoin regularly, not multiple sources of income. Because you can have multiple sources of income and still not have a discretionary income.

Exjectly, and this optional income is called discretionary income. Therefore, even if someone has multiple sources of income, if all the money gets spent, it often becomes difficult to invest or even if they do investing, they may be forced to withdraw the invested funds in adverse situations. However, when investments are made using discretionary income, they tend to be more sustainable, long lasting, and remain secure even during unfavorable conditions.

The safest way is to maintain an emergency fund alongside investments and continue buy with DCA strategy so that investors don’t have to touch their invested money during difficult moments. Therefore, I agree that even if someone has multiple sources of income, investing is not always safe if it is done without discretionary income.

[Razmirraz]

Snip.

Wanting to invest in bitcoin and then finding out that there is a strategy to invest with that will accommodate your financial status provided that you have discretionary funds available to you is definitely going to get inspire you to invest even more, the first inspiration might not have come for the strategy itself but that doesn't rule out the possibility of getting inspired by the strategy, if I wanted to start investing in bitcoin and I was told that in order to start I would have to purchase with a huge amount of money then I would probably get discouraged but the moment i realize that I can invest periodically with very little amount of money as that I can afford, that on its own is a whole new inspiration, another reason to want to invest in bitcoin.

Of course, this is a very realistic approach to investing in Bitcoin, the picture you described above also leads to an important concept in investing in Bitcoin, namely the DCA strategy. Investors need to overcome psychological barriers. Buying large amounts when starting to invest is indeed very scary and high risk. However, with the DCA strategy, you can buy periodically in small amounts. This strategy can also eliminate fear and without disrupting daily financial basics.

The DCA strategy can also reduce the impact of volatility because investors do not need to guess when the highest or lowest prices will be. This strategy also teaches investors to be more disciplined in managing their finances because it indirectly turns investing into a habit and consistently sets aside funds (rather than just waiting for large capital) to start investing. The first step to investing correctly is to start according to your financial capabilities, be consistent (such as the pattern in implementing DCA) and invest with cold money or money that you can afford to risk.

[Silikiem]

I find investors using the DCA strategy invest for the long term.
Special Considerations Should Beginners Follow the DCA Method for Bitcoin Investments? What Can Be the Outcome -Future

See there are different strategies for investing so everyone has a different investment strategy. But the point you mentioned here is especially suitable for new investors because they are not very experienced with Bitcoin when they are new. As a result they can start investing through DCA even if they are less experienced.

My dear eople of naija!
I greet all the elders and everyone here O. My regards!
Please O, I’m a newbie here though, and I'm eager to learn! I've been studying the threads for a while now, and I’ve made my first two posts. Actually I have been hearing about DCA (Dollar-Cost Averaging) and would really appreciate any guidance from this platform, on how to get started.
Thanks in advance!

Since you really want to get started In bitcoin investment then what you only need is to check if you have availability of a discretionary income which in a simple term refers to the money left with you after sorting out your basic financial expenses. If you have a discretionary income then you should start immediately in accumulating bitcoin with it and hold, the good thing is that you’ve been hearing about DCA strategy of investing in bitcoin which i especially will recommend for you to invest with that method so that you can be buying bitcoin anytime you have a discretionary income either weekly or monthly depending on how the income flows. Learning is a continuous process and for bitcoin investment what you only need is to figure out a discretionary income couple with the basic knowledge you already have gotten in line with the DCA method of investment, then you are good to go as along the line while you’re ongoingly buying bitcoin and holding you’ll be learning daily from your experiences and also from their you can be making important decisions regarding your investment.

[Itz-prisigold]

I think it is very important to have multiple sources of income to invest. Otherwise, the investment will eventually collapse.

I understand your viewpoint on having multiple forms of income as well as providing comfort and flexibility. However,  I don't believe an investment will eventually collapse simply because one does not have multiple source of income.

The important factor is how the income you currently have is being managed. Even with one source of income,  as long as all of your basic needs are taken care of, there is nothing stopping you from investing in Bitcoin in a flexible way with whatever that is left. The amount large or small does not matter at all,  it just has to be something that you feel comfortable spending.

The real key is not really about how many income and individual have,  the real question remains whether you are using your discretionary income, and not placing yourself under pressure. Honestly,  if someone's passion or consistency in accumulating Bitcoin dies down due to their financial situation or not have many income source,  then the problem is not the strategy itself but lack of a comprehensive plan or unrealistic expectations. Bitcoin accumulation was never intended to be aggressive,  it is based on gradual and sustainable growth over time,  which is also why using only discretionary income creates a more realistic and stable approach to creating wealth.

[PhilosopherKing]

I think it is very important to have multiple sources of income to invest. Otherwise, the investment will eventually collapse.

You don't need many sources of income to sustain your investment or reach your goal. You need patience, consistency, proper financial management, emergency fund. There are many people who don't have many sources of income or they don't have the ability to generate many sources of income, but they continue to invest consistently through proper financial management and those who have been able to reach their portfolio goals are now patiently waiting for the deadline to expire. It is your wrong idea that we need to have many sources of income to reach our investment goals.

But yes, if we have many sources of income, it is good for us, but it doesn't mean that we cannot reach our goals or reach our goals without many sources of income. Find sources of discretionary income through proper financial management and continue to buy consistently and create an emergency fund along with investments to deal with unexpected financial disasters.

starting to invest is different thing from sustaining investment.

for what is worth investing is supoosed to be ongoin and it is with many sources of income that you can be having  enough discretionary income to maintaining your investment and ensure it is ongoing. Same time it is dumb when person sit his ass down waiting for many sources of income before start.

Chances of not starting to ongoing invest is high when person continues waiting for many income before they can started. Delay is denial so people should quit waiting and started investing if they got discretionary income to use and build up along the way

[Rockstarguy]

Your right, buying bitcoin from your basic income isn't investing but gambling. If we invest all our survival money in bitcoin then how are we going to settle basic needs?. The truth is we won't be able settle our basic need which eventually will force us sell our bitcoin investment premature to met them. This is why it essential not to buy bitcoin from our survival income but to buy from the leftover money after all our essential expenses have been covered which is discretionary income. So investing using discretionary income is necessary and not not survival income, using all their survival income to invest in bitcoin is gambling because they will eventually sell their bitcoin investment prematurely to pay for their basic needs.

I think the only set of people who can succeed in this pattern of investment are those who still rely on their parents for support. It is possible for them to invest in this pattern and succeed, but for someone whose source of income is only their own hard-earned income, it is very important to have a good plan for investment. When it is not properly planned, it becomes a burden, which may result in one being unable to achieve a successful investment target.

[Mr_Brilliant$]

I find investors using the DCA strategy invest for the long term.
Special Considerations Should Beginners Follow the DCA Method for Bitcoin Investments? What Can Be the Outcome -Future

See there are different strategies for investing so everyone has a different investment strategy. But the point you mentioned here is especially suitable for new investors because they are not very experienced with Bitcoin when they are new. As a result they can start investing through DCA even if they are less experienced.

Please O, I’m a newbie here though, and I'm eager to learn! I've been studying the threads for a while now, and I’ve made my first two posts. Actually I have been hearing about DCA (Dollar-Cost Averaging) and would really appreciate any guidance from this platform, on how to get started.
Thanks in advance!

You’re welcome..  Just try stay active and engage as much as you can, you will pick up and learn a lot quicker that way…

And yeah, about DCA, a lot of people here have already broken it down in different threads, and I am sure more will still explain it better under your post too, so I will not go into that..  Just take your time, read around, ask questions, you are gonna learn..

[ZeroVinsonN]

Wanting to invest in bitcoin and then finding out that there is a strategy to invest with that will accommodate your financial status provided that you have discretionary funds available to you is definitely going to get inspire you to invest even more, the first inspiration might not have come for the strategy itself but that doesn't rule out the possibility of getting inspired by the strategy, if I wanted to start investing in bitcoin and I was told that in order to start I would have to purchase with a huge amount of money then I would probably get discouraged but the moment i realize that I can invest periodically with very little amount of money as that I can afford, that on its own is a whole new inspiration, another reason to want to invest in bitcoin.

The DCA strategy can also reduce the impact of volatility because investors do not need to guess when the highest or lowest prices will be. This strategy also teaches investors to be more disciplined in managing their finances because it indirectly turns investing into a habit and consistently sets aside funds (rather than just waiting for large capital) to start investing. The first step to investing correctly is to start according to your financial capabilities, be consistent (such as the pattern in implementing DCA) and invest with cold money or money that you can afford to risk.

The is exactly why the DCA can be said to be able to inspire newbies to invest in bitcoin, the one thing a newbie will be bothered by when starting to invest in bitcoin will be how volatile ot an asset bitcoin is, price swings in either direction are constant so when a strategy that doesn't care for these price swings presents itself it becomes a source of motivation for that newbie to invest, the strategy provides them with a means to not have to worry about buying when the price is high or low but rather to just buy consistently, if they do it long enough it becomes a habit and they just keep going from there.

[Out of mind]

I find investors using the DCA strategy invest for the long term.
Special Considerations Should Beginners Follow the DCA Method for Bitcoin Investments? What Can Be the Outcome -Future

See there are different strategies for investing so everyone has a different investment strategy. But the point you mentioned here is especially suitable for new investors because they are not very experienced with Bitcoin when they are new. As a result they can start investing through DCA even if they are less experienced.

My dear eople of naija!
I greet all the elders and everyone here O. My regards!
Please O, I’m a newbie here though, and I'm eager to learn! I've been studying the threads for a while now, and I’ve made my first two posts. Actually I have been hearing about DCA (Dollar-Cost Averaging) and would really appreciate any guidance from this platform, on how to get started.
Thanks in advance!

You are welcome to the forum, and first you should try to learn how to navigate this forum so you don't make mistakes and I recommend you go to the beginners and help board so you can learn some things there and also your local board  before trying to learn about Bitcoin because Bitcoin investment is something you don't need or have to rush so that you don't make mistakes  but if you still want to follow up from here then you should pay more attention to reading and making sure you understand whatever thing you are reading that's how to grow.

Of course, it is true that every new person needs to learn about Bitcoin first and then plan to invest in Bitcoin. New people are usually very emotional at the beginning, so they should first learn about Bitcoin investment and how it works from their local community. You cannot rush into Bitcoin investment, it is not good at all, but you have to be patient. You need to learn good analysis on market volatility and when the market is in recession, and when it is possible to gradually take yourself to a good level, then you should enter for investment. Yes, every new person needs to learn in advance and then take good advice and go towards investment according to his plan, it is good for everyone.

[BluebloodCXVI]

Of course, it is true that every new person needs to learn about Bitcoin first and then plan to invest in Bitcoin. New people are usually very emotional at the beginning, so they should first learn about Bitcoin investment and how it works from their local community. You cannot rush into Bitcoin investment, it is not good at all, but you have to be patient. You need to learn good analysis on market volatility and when the market is in recession, and when it is possible to gradually take yourself to a good level, then you should enter for investment. Yes, every new person needs to learn in advance and then take good advice and go towards investment according to his plan, it is good for everyone.

If your goal is long term accumulation, you don’t need to overthink or delay getting started as waiting until you’ve fully learned about bitcoin can make you waste valuable time. As long as you have discretionary income ,the most important step is to simply begin then as time goes on you can learn ,adjust and refine your strategy during your accumulation phase.

[avp2306]

Of course, it is true that every new person needs to learn about Bitcoin first and then plan to invest in Bitcoin. New people are usually very emotional at the beginning, so they should first learn about Bitcoin investment and how it works from their local community. You cannot rush into Bitcoin investment, it is not good at all, but you have to be patient. You need to learn good analysis on market volatility and when the market is in recession, and when it is possible to gradually take yourself to a good level, then you should enter for investment. Yes, every new person needs to learn in advance and then take good advice and go towards investment according to his plan, it is good for everyone.

If your goal is long term accumulation, you don’t need to overthink or delay getting started as waiting until you’ve fully learned about bitcoin can make you waste valuable time. As long as you have discretionary income ,the most important step is to simply begin then as time goes on you can learn ,adjust and refine your strategy during your accumulation phase.

We cannot avoid to overthink about possible situation to happen, especially when they are new with this kind of investment.

But if they are really willing to commit and eager to follow the discipline brought up by DCA strategy, there's high chance that in future they can ignore those commotions brought up by pumps and dumps happened.

Yeah its not really easy for newbies, but consistency always matter and will bring higher chance to succeed in future.

[cocadalcan]

Of course, it is true that every new person needs to learn about Bitcoin first and then plan to invest in Bitcoin. New people are usually very emotional at the beginning, so they should first learn about Bitcoin investment and how it works from their local community. You cannot rush into Bitcoin investment, it is not good at all, but you have to be patient. You need to learn good analysis on market volatility and when the market is in recession, and when it is possible to gradually take yourself to a good level, then you should enter for investment. Yes, every new person needs to learn in advance and then take good advice and go towards investment according to his plan, it is good for everyone.

If your goal is long term accumulation, you don’t need to overthink or delay getting started as waiting until you’ve fully learned about bitcoin can make you waste valuable time. As long as you have discretionary income ,the most important step is to simply begin then as time goes on you can learn ,adjust and refine your strategy during your accumulation phase.

We cannot avoid to overthink about possible situation to happen, especially when they are new with this kind of investment.

But if they are really willing to commit and eager to follow the discipline brought up by DCA strategy, there's high chance that in future they can ignore those commotions brought up by pumps and dumps happened.

Yeah its not really easy for newbies, but consistency always matter and will bring higher chance to succeed in future.

There are many reasons for new investors to be afraid of investing. You may have very little cash, most of which you have used to buy Bitcoin. In such a situation, you will show volatility when the price falls.

Another reason is the inability to maintain consistency but I would call it a part of the normal process. You are accumulating Bitcoin regularly and in the DCA method, there may be gaps for a few days in this ongoing situation but even if you cannot maintain consistency, make sure you are committed to continuing to accumulate Bitcoin for the long term.

It is not easy for beginners to be consistent but with Bitcoin accumulation having the necessary tools to grow your portfolio such as cash flow, discretionary income, emergency funds, and above all you need to focus on increasing your holdings while maintaining long term Bitcoin security.

[WIYO1]

Wanting to invest in bitcoin and then finding out that there is a strategy to invest with that will accommodate your financial status provided that you have discretionary funds available to you is definitely going to get inspire you to invest even more, the first inspiration might not have come for the strategy itself but that doesn't rule out the possibility of getting inspired by the strategy, if I wanted to start investing in bitcoin and I was told that in order to start I would have to purchase with a huge amount of money then I would probably get discouraged but the moment i realize that I can invest periodically with very little amount of money as that I can afford, that on its own is a whole new inspiration, another reason to want to invest in bitcoin.

The DCA strategy can also reduce the impact of volatility because investors do not need to guess when the highest or lowest prices will be. This strategy also teaches investors to be more disciplined in managing their finances because it indirectly turns investing into a habit and consistently sets aside funds (rather than just waiting for large capital) to start investing. The first step to investing correctly is to start according to your financial capabilities, be consistent (such as the pattern in implementing DCA) and invest with cold money or money that you can afford to risk.

The is exactly why the DCA can be said to be able to inspire newbies to invest in bitcoin, the one thing a newbie will be bothered by when starting to invest in bitcoin will be how volatile ot an asset bitcoin is, price swings in either direction are constant so when a strategy that doesn't care for these price swings presents itself it becomes a source of motivation for that newbie to invest, the strategy provides them with a means to not have to worry about buying when the price is high or low but rather to just buy consistently, if they do it long enough it becomes a habit and they just keep going from there.

the reason DCA is seen as a good first step for beginners is primarily due to the unpredictable nature of Bitcoin (highs and lows) and the amount of stress placed on attempting to 'time the market.' Attempting to time the market can also lead to errors. When new investors use the DCA method, there is none of this added pressure of trying to figure out whether the price is high or low; they simply invest the same set amount of money at regular intervals.

As new investors continue to use the DCA method, they will develop confidence and consistency with investing. This will help them develop a regular habit of investing and reduce their worry about making emotional decisions while investing. What makes DCA so powerful is that it allows new investors to remove the fear of making poor/impulsive decisions and replace it with the ability to think steadily and over the long term.

[Sim_card]

Of course, it is true that every new person needs to learn about Bitcoin first and then plan to invest in Bitcoin. New people are usually very emotional at the beginning, so they should first learn about Bitcoin investment and how it works from their local community. You cannot rush into Bitcoin investment, it is not good at all, but you have to be patient. You need to learn good analysis on market volatility and when the market is in recession, and when it is possible to gradually take yourself to a good level, then you should enter for investment. Yes, every new person needs to learn in advance and then take good advice and go towards investment according to his plan, it is good for everyone.

Bitcoin investment is different from other investment that you need to grounded on before venturing into it. Bitcoin investment is a long-term investment and for that reason, you don't need to delay your time waiting to learn everything before getting started. You only need the basic knowledge of bitcoin and your discretionary income to get started while, you learn simultaneously as you grow your bitcoin portfolio overtime because you have a long way to go.

A bitcoin long-term investor doesn't need to learn about market volatility analysis because it's impossible to know the exact price that bitcoin will be the next day or the market movement because no one can predict the future correctly. The best way to understand the market is getting started and learn by experience through your regular DCA buying.

It's useless gaining all the knowledge and remain a no coiner, which I know it's impossible because they're new development ongoing from time to time on the network to enhance security. Buy and learn as you go. A low coiner is better than a no coiner.

[Derekfunds]

Of course, it is true that every new person needs to learn about Bitcoin first and then plan to invest in Bitcoin. New people are usually very emotional at the beginning, so they should first learn about Bitcoin investment and how it works from their local community. You cannot rush into Bitcoin investment, it is not good at all, but you have to be patient. You need to learn good analysis on market volatility and when the market is in recession, and when it is possible to gradually take yourself to a good level, then you should enter for investment. Yes, every new person needs to learn in advance and then take good advice and go towards investment according to his plan, it is good for everyone.

If your goal is long term accumulation, you don’t need to overthink or delay getting started as waiting until you’ve fully learned about bitcoin can make you waste valuable time. As long as you have discretionary income ,the most important step is to simply begin then as time goes on you can learn ,adjust and refine your strategy during your accumulation phase.

The best time to start is now  because waiting to start is trader kind of thing because someone who is interested in Bitcoin investment and is ready to hold for long time won't wait for anything unless they don't have discretionary income to start with. You don't actually need to refine anything as long as you are doing the right thing rather what you need do is to combine some of the strategy. And I see the hardest part is always starting.

[Bright0515]

Of course, it is true that every new person needs to learn about Bitcoin first and then plan to invest in Bitcoin. New people are usually very emotional at the beginning, so they should first learn about Bitcoin investment and how it works from their local community. You cannot rush into Bitcoin investment, it is not good at all, but you have to be patient. You need to learn good analysis on market volatility and when the market is in recession, and when it is possible to gradually take yourself to a good level, then you should enter for investment. Yes, every new person needs to learn in advance and then take good advice and go towards investment according to his plan, it is good for everyone.

Bitcoin investment is different from other investment that you need to grounded on before venturing into it. Bitcoin investment is a long-term investment and for that reason, you don't need to delay your time waiting to learn everything before getting started. You only need the basic knowledge of bitcoin and your discretionary income to get started while, you learn simultaneously as you grow your bitcoin portfolio overtime because you have a long way to go.

People who are interested to invest in Bitcoin might read every article about Bitcoin but they might not understand anything or they might still find somethings very difficult to understand because they are not making any practice of what they are learning. One thing people should understand about learning is that m, so long as they are not making any practice, some things will be very difficult for them to understand.
Actually, one of the obvious reasons why some people prefer to learn before they start investing into Bitcoin is because they are afraid of making mistakes meanwhile being afraid of making mistakes is actually no different from taking risk and people who don't take risk or afraid of making mistakes end up not learning or achieving anything in the future because they always procrastinate on something.

As a beginner, it's most important for them to start small, for the fact that they start investing into Bitcoin with a very small amount of money and they also have the basic knowledge about Bitcoin investment, for the fact that they start for the fact that they start small, even though Bitcoin DIPs they won't be emotional (cuz they invest from their leftover money).
In as much as an investor is willing to invest into Bitcoin for long term, I'm sure they will not be in a haste to achieve everything at ones (besides they are still in the process of learning), as long as they have long term plans, they will understand the market properly and they will also be consistent with Bitcoin accumulation.

I have seen so many post whereby people talked about having full knowledge about Bitcoin investment before they start investing into Bitcoin (which is not right). So this made me believe that it is the one reason that's still holding some people from investing into Bitcoin.