As you are investing make sure you are also learning , understanding what are investing in will help build your confidence more . The reason many are still having doubt about Bitcoin is because they don't understand the technology behind it, the purpose it was invented the first place .
No, I’m not saying you should go into some complex tech aspect of bitcoin before investing. You can start with just the basics, then with time you will advance as you accumulate. Doing so you will be able to build a better confidence in bitcoin and it will make embarking folks (those interested in bitcoin) easier too .
Investing is a process, so far someone is doing it the right way, the person would definitely learn new things on the long run, even if there's a mistake along the line you’ll learn from it an take correction. For instance those who stored their coins with coldcard would learn to store in a safer wallet by moving it to a wallet backed with passphrase.
What people need to start investing is discretionary funds, with common sense they can figured out other things and gain knowledge simultaneously while on the investment.
Agreed, but not all mistakes are corrected or can be safely learned from. In that case, a mistake can remain a lifelong cry. For example: A person has accumulated Bitcoin for 5 years but lost the coins due to incorrectly storing the seed phrase.Then there may be no opportunity to correct such a mistake. So I think it is important to have at least basic security knowledge before investing.
Start small by learning about the basics and security of Bitcoin then increase knowledge along with investing and the investment money shouldn't put daily needs, emergency funds or future essential expenses at risk. It is important for everyone to know these things. However, the more expensive the mistake, the more people will remember the lessons they learn from it for the rest of their lives.
