People do not need to know everything about bitcoin before getting started. so talking about sufficient research is same thing as saying that they need to gather as much knowledge as possible before they can start accumulating bitcoin which is wrong. What they need to get started is being able to determine the availability of discretionionary income and at least a basic knowledge of bitcoin and not doing sufficient research.
What does a newbie has to do with sufficient research when all he or she has to be concerned about is the basic knowledge that doesn't need much stress to start his or her investment, sufficient research means gathering much information as they can immediately, do some people ever think that there are information that newbies will be unable to handle which might discourage them at that very starting point, old invetsors do not get hyper when they get hold of any information because the have had some experiences, they are no longer new to system as such they are no longer baby invetsors, in Bitcoin investment, everything is not known from day one that's the reason it is been said that newbies should only consider having the basic knowledge, then get in after identifying their discreationary income which makes the process easy for them to do thwie DCA easily.
I think research is of different intensity and that clearly explains what a research means for someone new to Bitcoin. In another word, "a newbie who fails to gather basic knowledge of Bitcoin can make a wrong decision", the basics in this case is the research they actually needs to do not necessarily gathering the whole Google or wikipedia.
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If you cannot list what the basics are, then they are not necessary.
All you need to start is figure out that you have discretionary funds, then you can start.
We can presume that people have common sense, even though they might not be good at practicing it. Common sense will help to inform them whether to start out with $100, $10 or some other amount.
Another thing. If someone has common sense, he can figure out what he might need to learn or how much he might need to study, yet he can still get started investing in bitcoin without hardly knowing anything about bitcoin besides for example, glancing at a chart and seeing that number tends to go up, yet it is also volatile.
Provide an example of someone who is lacking a certain kind of knowledge that he needs prior to starting investing in bitcoin. Many times guys list knowing how to put bitcoin into a private wallet as a basic skill (knowledge) that people need, which is almost totally bullshit, unless a person is planning to source his bitcoin in a way that requires a private wallet, then in those circumstances, he will need to start with a private wallet and maybe a recommendation of which wallet to use... but if he is going to start to buy his bitcoin on an exchange, most exchanges have the basic introductory information on their website, and if he does not trust the exchange, then he either needs to find another exchange or another source for buying coins. Those are individual decisions, and if he is not ready to get started based on his not knowing how to source, his coins, then he may well have to research his bitcoin sourcing options.
So please tell us what those basics about bitcoin that a newbie needs to know besides knowing that he has discretionary funds or not.
As important as discretionary funds as the major requisite for Bitcoin investment, a newbie might not be fully aware of buying strategies say DCA strategy, volatility and long-term holding. Just like the normal assumption I go about initially and I guess others has had the same assumption of Bitcoin making people to get rich quick of which it's easily attached to getting quick gains aka trading unknowingly, so fully knowing the pros and cons of trading can likewise be part of what a newbie needs to know haven figured out their discretionary funds the major requisite. And then some might also need to know how to source their coins of which knowing about exchange with an introductory info on how to is a basic learning chance.
