Balancing Financial security and Bitcoin Accumulation

[Princess Leah]

To start investing in Bitcoin you need discretionary income. Nothing else is needed. No prior investment experience is required, not even if you don’t have an emergency fund available. No extra cash fund is required. That’s the clear message for a new Bitcoin investor.

Investment aside, the emergency funds is very important, everyone that earns an income should ensure that it's available cause you never can tell when an emergency situations would occur and it's also very important for an investor too cause imagine you started investing today then an emergency situations occur same day, how would you tackle the situation without an emergency fund?

 That's why it's important that an investor should set aside an emergency fund even before they start investing in Bitcoin so the person won't end up in a situation whereby the investment would be sold at lose to solve the emergency situation. However you're very correct thst what an investor needs to start the Bitcoin investment is the discretionary fund.

[Proty]

To start investing in Bitcoin you need discretionary income. Nothing else is needed. No prior investment experience is required, not even if you don’t have an emergency fund available. No extra cash fund is required. That’s the clear message for a new Bitcoin investor.

Investment aside, the emergency funds is very important, everyone that earns an income should ensure that it's available cause you never can tell when an emergency situations would occur and it's also very important for an investor too cause imagine you started investing today then an emergency situations occur same day, how would you tackle the situation without an emergency fund?

 That's why it's important that an investor should set aside an emergency fund even before they start investing in Bitcoin so the person won't end up in a situation whereby the investment would be sold at lose to solve the emergency situation. However you're very correct thst what an investor needs to start the Bitcoin investment is the discretionary fund.

An emergency funds is very important for holding bitcoin for a long term since no one can predict what will have in the future there is need to set aside some funds that can act as a safety net incase of any future contingency. However, not having an emergency funds shouldn't be the reason why anyone shouldn't invest in bitcoin. To avoid the delay of waiting to set up an emergency funds before starting to invest in bitcoin, it is possible to set up an emergency funds while still accumulating bitcoin using discretionary income.

[JayJuanGee]

For a bitcoin investor most bitcoin related knowledge won't even aid in their investment, it's good t know but it's not a must to know to keep investing in bitcoin so while people can decide to gather knowledge in these aspects they don't really need them to be able to continue their investment,

You might say that you don't need to know much to start your Bitcoin investment, but to maintain your Bitcoin holdings, you need to have knowledge on what is requires to hold strong, like putting down emergency and reserve funds in place, so that you wouldn't be caught off guard by real life emergencies, because your ignorance of not knowing that emergency and reserve funds are very important for the survival of your bitcoin investment will cost you your investment when emergency struck. So it's best to say that not knowing much is not necessary to start, but knowledge on what is required to hold strong is very necessary for the survival of your bitcoin holdings.

You make a reasonably decent point Futurexxx.  Many of us emphasize the point that to get started investing in bitcoin all that guys need is to be able to figure out if he has enough discretionary funds and some common sense to be able to exercise some reasonable judgements based on whatever level of other knowledge that the guy might happen to have at the time that he is getting started investing into bitcoin.

Yet, the mere fact that we are not emphasizing beginner knowledge, that does not mean that common sense would not lead most guys to make sure that they are learning whatever they need to learn about bitcoin and about cashflow management practices/systems that might be lacking in their already existing knowledge (and comfort) levels. 

Personally, I would think that the more that guys invest into bitcoin, then the more inspired they would likely become to learn more and more more about bitcoin and/or about their own cashflow management practices/systems.

Ultimately guys are completely free to figure out how they balance their bitcoin accumulation, their cashflow management practices and/or their judgements about how much time, energy and value they might want to invest into their learning and/or their application of their practices (their actions in buying bitcoin and even setting aside and maintaining back up funds or other allocations that they might choose to make).

To start investing in Bitcoin you need discretionary income. Nothing else is needed. No prior investment experience is required, not even if you don’t have an emergency fund available. No extra cash fund is required. That’s the clear message for a new Bitcoin investor.

Investment aside, the emergency funds is very important, everyone that earns an income should ensure that it's available cause you never can tell when an emergency situations would occur and it's also very important for an investor too cause imagine you started investing today then an emergency situations occur same day, how would you tackle the situation without an emergency fund?

 That's why it's important that an investor should set aside an emergency fund even before they start investing in Bitcoin so the person won't end up in a situation whereby the investment would be sold at lose to solve the emergency situation. However you're very correct thst what an investor needs to start the Bitcoin investment is the discretionary fund.

You are being misleading when you proclaim that there is a need to establish an emergency fund prior to getting started investing in bitcoin, since each person has the ability to figure out how fast to grow his back up funds as compared with his bitcoin investment and to figure out what level of balance to bring to each depending on his own individual circumstances and/or judgement.

So many times guys can get started buying bitcoin and also building up back up funds simultaneously and start from whatever situation that they might happen to be in at the time that they get started, and surely there may well be circumstances in which they are better off to give more emphasis to back up funds rather than bitcoin investing, especially if they might already have unsteady (or uncertain) income and/or expenses. 

If they end up screwing up and allocating too much to one category or another, then surely they are going to have to pay the consequences for their having had screwed up, and sometimes they could exercise the most perfect balance of investing, savings (back up funds) and discretionary consumption, and still end up suffering from some bad luck in regards to unexpected things that sometimes happen to people, so at best they try their best in figuring out a balance that they consider to be appropriate to their circumstances and/or their expectations of their future circumstances.

[POPOLUV]

Starting to accumulate bitcoin will even encourage people to learn about it as well, it's easier for someone who has already started buying bitcoin to learn more about it than it is for someone who hasn't started yet, someone who has already started investing will have more interest since their money is already there snd they want to make sure they are doing it the right way, someone who hasn't started investing yet might still be gathering knowledge but won't be as fully committed as someone who's already accumulating bitcoin.
Starting is very important, it's pointless to gather all the knowledge there is to gather if the person ends up not even investing in bitcoin at the end of the day.

There is no way to gather or be truly Knowledgeable about Bitcoin when you aren't investing... And so self exclusion cannot make anyone to be knowledgeable about Bitcoin and that's coz Bitcoin is best learnt true an actual involvement... And the truth about folks who depend solely on theoretical knowledge is that they wouldn't be exposed all there is to know, and as such, such an individual will find it difficult properly understand volatility and how to stay calm during price dips and bearish seasons...

It won't be a good idea to anyone to prioritise gaining knowledge about bitcoin first before they can start accumulating bitcoin while still remaining a no coiner. There is chances of missing out in market opportunities.
The best way for anyone to learn about bitcoin is to invest in it, by so doing there awareness about bitcoin investment will definitely increase than when they are not investing in it.

I totally understand and agree with you on this because the knowledge that i acquire through the means of investing first without  the mindset of waiting when i have asses to my discretionary income, so assuming i didn't went ahead to invest after my basic knowledge on Bitcoin, i could have missed out my buying opportunities and market opportunities as well, so as an investors, it is always advisable to make use of any buying opportunities than waiting when you know that you have asses to your discretionary income, which determine on how aggressive you can be when buying and accumulating.

[I_Anime]

I totally understand and agree with you on this because the knowledge that i acquire through the means of investing first without  the mindset of waiting when i have asses to my discretionary income, so assuming i didn't went ahead to invest after my basic knowledge on Bitcoin, i could have missed out my buying opportunities and market opportunities as well, so as an investors, it is always advisable to make use of any buying opportunities than waiting when you know that you have asses to your discretionary income, which determine on how aggressive you can be when buying and accumulating

That’s why they kept saying the best time to start buying is now . Like we usually say we are still early when come to buying bitcoin especially those that haven’t started that are refers to as no coiners , imo is better to be a low coiner than being a no coiner , meaning you are still contemplating rather to start or not while some are still procrastinating, which is not the right thing to do when come to accumulating bitcoin and stuff .

[Akaenyi]

I totally understand and agree with you on this because the knowledge that i acquire through the means of investing first without  the mindset of waiting when i have asses to my discretionary income, so assuming i didn't went ahead to invest after my basic knowledge on Bitcoin, i could have missed out my buying opportunities and market opportunities as well, so as an investors, it is always advisable to make use of any buying opportunities than waiting when you know that you have asses to your discretionary income, which determine on how aggressive you can be when buying and accumulating

That’s why they kept saying the best time to start buying is now . Like we usually say we are still early when come to buying bitcoin especially those that haven’t started that are refers to as no coiners , imo is better to be a low coiner than being a no coiner , meaning you are still contemplating rather to start or not while some are still procrastinating, which is not the right thing to do when come to accumulating bitcoin and stuff .

What we need basically before starting Bitcoin investment is some basic security knowledge about Bitcoin wallets and discretionary funds to buy with. When you have them other secondary and tertiary knowledge will fall into place with time, you don't have to procrastinate just buy and wait for the next time to buy again.

I think that one of the reasons why some investors wait instead of buying is that they are waiting for dip, buying dip is a strategy but DCA strategy is better. Why wait when you can buy when you have discretionary funds knowing that Bitcoin can reach ATH.

[The Founding Titan]

For a bitcoin investor most bitcoin related knowledge won't even aid in their investment, it's good t know but it's not a must to know to keep investing in bitcoin so while people can decide to gather knowledge in these aspects they don't really need them to be able to continue their investment,

You might say that you don't need to know much to start your Bitcoin investment, but to maintain your Bitcoin holdings, you need to have knowledge on what is requires to hold strong, like putting down emergency and reserve funds in place, so that you wouldn't be caught off guard by real life emergencies, because your ignorance of not knowing that emergency and reserve funds are very important for the survival of your bitcoin investment will cost you your investment when emergency struck. So it's best to say that not knowing much is not necessary to start, but knowledge on what is required to hold strong is very necessary for the survival of your bitcoin holdings.

Yes but the stuff you mentioned still isn't all there is to know about bitcoin, and that's why I'm saying a person doesn't need to know everything to be able to keep investing in bitcoin, certain things are good to know, others are necessary to be able to keep accumulating and holding but for someone who just started out on their bitcoin investment basic knowledge is enough, they can always learn as the invest, that way their investment isn't delayed and they can still get the knowledge they need.

[PhilosopherKing]

What we need basically before starting Bitcoin investment is some basic security knowledge about Bitcoin wallets and discretionary funds to buy with

I don't agree with you man. It is so pointless and needless for person to be waiting to gain knowledge about bitcoin security when that person already have common sense and discretionary income to start with. Tell me what is even the point of learning wallet security, when there is nothing inside the person wallet to protect. In bitcoin investment, there is time for everything, there is a time to start and grow and there is also a time that person can learn.

Ongoingly investing has more advantage than waiting because person can be growing their bitcoin stash and also be learning while doing it. And that is why the proper and best way that person can use to learn about bitcoin is by starting.

[I_Anime]

What we need basically before starting Bitcoin investment is some basic security knowledge about Bitcoin wallets and discretionary funds to buy with

I don't agree with you man. It is so pointless and needless for person to be waiting to gain knowledge about bitcoin security when that person already have common sense and discretionary income to start with. Tell me what is even the point of learning wallet security, when there is nothing inside the person wallet to protect. In bitcoin investment, there is time for everything, there is a time to start and grow and there is also a time that person can learn.

Ongoingly investing has more advantage than waiting because person can be growing their bitcoin stash and also be learning while doing it. And that is why the proper and best way that person can use to learn about bitcoin is by starting.

Normal is vital to learn how you will improve your bitcoin wallet security. But doesn’t mean you have to do that before investing in bitcoin , like we usually say having just the basic knowledge of bitcoin you are already good to go .

Then other further  learning can come in later after you have already put your investment to motion. The reason why is that many kept procrastinating with it telling themselves that they have a lot to learn about bitcoin , and after learning about it they will start , more you delay more you miss opportunities.

So stop procrastinating gain some good basic knowledge and start investing.

[Yablee0]

What we need basically before starting Bitcoin investment is some basic security knowledge about Bitcoin wallets and discretionary funds to buy with

I don't agree with you man. It is so pointless and needless for person to be waiting to gain knowledge about bitcoin security when that person already have common sense and discretionary income to start with. Tell me what is even the point of learning wallet security, when there is nothing inside the person wallet to protect. In bitcoin investment, there is time for everything, there is a time to start and grow and there is also a time that person can learn.

Ongoingly investing has more advantage than waiting because person can be growing their bitcoin stash and also be learning while doing it. And that is why the proper and best way that person can use to learn about bitcoin is by starting.

Their are somethings we don't have to keep wasting time on before getting started, moreover common sense is surpose to make us understand that certain things are to be understood or learn alongside our investment process. Therefore waiting to learn everything before getting started will only delay us in our investment journey and  also, it'll likely limit us from some certain opportunities that would've been properly utilized.

Just as it's said by @PhilosopherKing, common sense and having our discretionary funds at hands is just what is needed at the very earlier stage of our investment journey, maybe any other necessary things can come afterwards which is quite understandable.

[Gost ms]

What we need basically before starting Bitcoin investment is some basic security knowledge about Bitcoin wallets and discretionary funds to buy with. When you have them other secondary and tertiary knowledge will fall into place with time, you don't have to procrastinate just buy and wait for the next time to buy again.

I think that one of the reasons why some investors wait instead of buying is that they are waiting for dip, buying dip is a strategy but DCA strategy is better. Why wait when you can buy when you have discretionary funds knowing that Bitcoin can reach ATH.

To invest in Bitcoin we need common sense and maybe common sense does not say that we need to know a lot before investing, Sambat only, there is a source of discretionary income, or not.

Sambat who knows what Bitcoin is and how it works, 90% of the people are aware of this, what they need is a source of discretionary income. When a new person is able to find a source of discretionary income, then he can definitely start investing. After starting investing, a person can continuously advance the investment and knowledge acquisition.

[Primark]

What we need basically before starting Bitcoin investment is some basic security knowledge about Bitcoin wallets and discretionary funds to buy with

I don't agree with you man. It is so pointless and needless for person to be waiting to gain knowledge about bitcoin security when that person already have common sense and discretionary income to start with. Tell me what is even the point of learning wallet security, when there is nothing inside the person wallet to protect. In bitcoin investment, there is time for everything, there is a time to start and grow and there is also a time that person can learn.

Ongoingly investing has more advantage than waiting because person can be growing their bitcoin stash and also be learning while doing it. And that is why the proper and best way that person can use to learn about bitcoin is by starting.

Normal is vital to learn how you will improve your bitcoin wallet security. But doesn’t mean you have to do that before investing in bitcoin , like we usually say having just the basic knowledge of bitcoin you are already good to go .

Then other further  learning can come in later after you have already put your investment to motion. The reason why is that many kept procrastinating with it telling themselves that they have a lot to learn about bitcoin , and after learning about it they will start , more you delay more you miss opportunities.

So stop procrastinating gain some good basic knowledge and start investing.

If a new investor is not aware of Bitcoin wallet security, he can start from the exchange. There is no obligation for him to know everything at the beginning of the investment. Since the exchange has given us that opportunity, we can start from the exchange without waiting until we are aware of the wallet. By doing this, we can save on transaction fees again and again, there is no barrier to starting. Then when that person is ready about the wallet security, he can transfer it to his own wallet if he wants. Using the exchange to start is not a bad thing until we are ready about the security of our wallet. The problem arises when our assets are kept on the exchange for a long time.

[Obulis]

As a long-term bitcoin investment, you need to keep your accumulation ongoing and increase your bitcoin portfolio overtime without involving yourself in any practices that will make you tamper with your bitcoin investment when it's not of your will.

More reason why the emergency fund should always be made available and accessible at every given time. You see, the major thing that stands as a major thread to one’s investment or accumulation is emergencies, and that’s why the emergency fund should be always accessible because no one really knows when an emergency will come up, not like we plan for it.

It has gotten to the point we have to emphasis on emergency funds more , as an investor whatever you are doing , do it well investment is not some kind of get rich quick scheme or something that should be handled with rash .

When come to investing you just have to make sure alot of things are in check , like your  emergency funds (don't joke with it  ),  the moment you neglect this that's the beginning of the failure of your investment. Many may even end up making their holding their emergency funds surviving from their investment.

The unexpecteds happens and preparing for it beforehand has become part of daily living and has helped so much. Howbeit, some of what we anticipate doesn't usually happens be it good or bad. Like the emergency funds, this unforseen circumstances might not even happen but that is not a reason not to prepare by keeping emergency funds but it hasn't gotten to any point where one will be carried away with emphasis on emergency funds (emergency funds can be emphasized but should not be overwhelmed) this doesn't mean you should neglect it but too much emphasis can bring about unnecessary fear that can stop newbies from starting their Bitcoin investment.

As for surviving from Bitcoin investment, it's a pity that some people find them selves in emergency that their emergency funds isn't enough so they start surviving from their Bitcoin holding while some people surviving from their Bitcoin holding is because of their carelessness of neglecting to keep emergency funds or other financial mistakes.

[The Founding Titan]

What we need basically before starting Bitcoin investment is some basic security knowledge about Bitcoin wallets and discretionary funds to buy with

I don't agree with you man. It is so pointless and needless for person to be waiting to gain knowledge about bitcoin security when that person already have common sense and discretionary income to start with. Tell me what is even the point of learning wallet security, when there is nothing inside the person wallet to protect. In bitcoin investment, there is time for everything, there is a time to start and grow and there is also a time that person can learn.

Ongoingly investing has more advantage than waiting because person can be growing their bitcoin stash and also be learning while doing it. And that is why the proper and best way that person can use to learn about bitcoin is by starting.

Their are somethings we don't have to keep wasting time on before getting started, moreover common sense is surpose to make us understand that certain things are to be understood or learn alongside our investment process. Therefore waiting to learn everything before getting started will only delay us in our investment journey and  also, it'll likely limit us from some certain opportunities that would've been properly utilized.

Just as it's said by @PhilosopherKing, common sense and having our discretionary funds at hands is just what is needed at the very earlier stage of our investment journey, maybe any other necessary things can come afterwards which is quite understandable.

I don't distwith you but I simply want to know how you define common sense since how a person views a particular idea determines what they mean when they talk about it, you are pushing common sense and what s person needs to be able to invest, that and their discretionary income but I can argue that common sense isn't all that common today based off of my own understanding of it, basically discretionary income is essential to start investing in bitcoin, most people employ the DCA even before they know what the DCA is, they buy periodically when they have the discretionary income available to buy with and that counts into having common sense for me and understanding not to react to bitcoin's volatility, that's why it's good to use money you can afford to lose so that even with the risk of losing it you still don't sell out of fear of losing.

[abaeze]

What we need basically before starting Bitcoin investment is some basic security knowledge about Bitcoin wallets and discretionary funds to buy with

I don't agree with you man. It is so pointless and needless for person to be waiting to gain knowledge about bitcoin security when that person already have common sense and discretionary income to start with. Tell me what is even the point of learning wallet security, when there is nothing inside the person wallet to protect. In bitcoin investment, there is time for everything, there is a time to start and grow and there is also a time that person can learn.

Ongoingly investing has more advantage than waiting because person can be growing their bitcoin stash and also be learning while doing it. And that is why the proper and best way that person can use to learn about bitcoin is by starting.

Their are somethings we don't have to keep wasting time on before getting started, moreover common sense is surpose to make us understand that certain things are to be understood or learn alongside our investment process. Therefore waiting to learn everything before getting started will only delay us in our investment journey and  also, it'll likely limit us from some certain opportunities that would've been properly utilized.

Just as it's said by @PhilosopherKing, common sense and having our discretionary funds at hands is just what is needed at the very earlier stage of our investment journey, maybe any other necessary things can come afterwards which is quite understandable.

I don't distwith you but I simply want to know how you define common sense since how a person views a particular idea determines what they mean when they talk about it, you are pushing common sense and what s person needs to be able to invest, that and their discretionary income but I can argue that common sense isn't all that common today based off of my own understanding of it, basically discretionary income is essential to start investing in bitcoin, most people employ the DCA even before they know what the DCA is, they buy periodically when they have the discretionary income available to buy with and that counts into having common sense for me and understanding not to react to bitcoin's volatility, that's why it's good to use money you can afford to lose so that even with the risk of losing it you still don't sell out of fear of losing.

Well, you don't need to have a PhD to invest in Bitcoin but you should have some basic knowledge that can be learned by starting to invest. For example: what self-custody, private key and seed phrase are and how they work. Another thing is that long-term investment requires as much knowledge as possible so that you don't panic and sell when the price of Bitcoin fluctuates. Because in 2021, many people bought Bitcoin at a price of $560,000–$69,000 and later in 2022, when the price dropped to around $16,000, many sold it at a loss. So for me, investing in Bitcoin is easy, but the most important thing to sustain that investment in the long term is discretionary income, patience, planning and knowledge. Because most people sold Bitcoin at that time not only because the price dropped, but also because they didn't understand what they were buying. Many of those who understood the basics of Bitcoin well held on and bought more.

Therefore, you don't need to be an expert to start investing in Bitcoin. Just basic knowledge, extra money, and a long-term mindset are the most important.

[Frankolala]

 

Well, you don't need to have a PhD to invest in Bitcoin but you should have some basic knowledge that can be learned by starting to invest. For example: what self-custody, private key and seed phrase are and how they work.

I feel that the right knowledge a newbie needs is to figure out their discretionary income and start investing in bitcoin based on their discretionary income and how much from it they will use to invest in bitcoin and how to get started. They need to also learn about their cashflow management as they are investing.

Other things about bitcoin can be learned as you are ongoingly buy bitcoin and at the same time studying your cashflow management. If you want to wait to get a certain knowledge before getting started, it will delay you and distract you to get started when you already have your discretionary income to get started.

You can learn about private keys and the rest as you are investing because the most important thing is to be a low coiner instead, of a no coiner seeking for bitcoin knowledge. You can select any open source noncustodial wallet of your choice and learn about it as your bitcoin investment is ongoing.

[Akaenyi]

Well, you don't need to have a PhD to invest in Bitcoin but you should have some basic knowledge that can be learned by starting to invest. For example: what self-custody, private key and seed phrase are and how they work.

I feel that the right knowledge a newbie needs is to figure out their discretionary income and start investing in bitcoin based on their discretionary income and how much from it they will use to invest in bitcoin and how to get started. They need to also learn about their cashflow management as they are investing.

I totally agree that the right knowledge for every new investors is to figure out how to manage their cashflow so that they will understand that it is from their discretionary funds that they are supposed to accumulate Bitcoin from. But I still believe that it is not only cashflow management that is basic from the beginning, they also have to understand about their wallet because it is through it that they will be holding their Bitcoin.

If you don't emphasize on wallet knowledge a newbie for example wouldn't know the importance of keeping their seed phrase very safe because it is the key to their coins. Newbies can also make mistakes of saving their seed phrase online which is not recommendable because of hacks. Cashflow management and basic knowledge about wallet is necessary after which other aspects like the market and Bitcoin network will follow gradually.

[Futurexxx]

. Another thing is that long-term investment requires as much knowledge as possible so that you don't panic and sell when the price of Bitcoin fluctuates.

No, I disagree with your sentiment bro, you don't need much knowledge as you are proclaiming because investing in Bitcoin is not that difficult like trading. As long as you have a discretionary income and a common sense, you can start, then along the line you can seek further knowledge on what is required to hold strong, like putting down emergency and reserve funds, so that emergencies wouldn't force you to sell when you never wanted to, so that's all. That's the main reason I believe that you don't need to know it all plus the technical part of it for you to invest in Bitcoin and be successful.


 

[Hardyrobust]

. Another thing is that long-term investment requires as much knowledge as possible so that you don't panic and sell when the price of Bitcoin fluctuates.

No, I disagree with your sentiment bro, you don't need much knowledge as you are proclaiming because investing in Bitcoin is not that difficult like trading. As long as you have a discretionary income and a common sense, you can start, then along the line you can seek further knowledge on what is required to hold strong, like putting down emergency and reserve funds, so that emergencies wouldn't force you to sell when you never wanted to, so that's all. That's the main reason I believe that you don't need to know it all plus the technical part of it for you to invest in Bitcoin and be successful.


 

I don't know what he meant by much knowledge and how he actually plans to measure the level of this knowledge that an investor needs to have before they can go into long term investment. I believe all humans has the capacity to learn and gain whatever knowledge they needs . So it is not essential that an investor must have wealth of knowledge about bitcoin investment before they can start holding bitcoin for a long term, whatever knowledge he thinks an investor needs to be able to hold bitcoin for a long term can be acquired during accumulation phase.

[I_Anime]

. Another thing is that long-term investment requires as much knowledge as possible so that you don't panic and sell when the price of Bitcoin fluctuates.

No, I disagree with your sentiment bro, you don't need much knowledge as you are proclaiming because investing in Bitcoin is not that difficult like trading. As long as you have a discretionary income and a common sense, you can start, then along the line you can seek further knowledge on what is required to hold strong, like putting down emergency and reserve funds, so that emergencies wouldn't force you to sell when you never wanted to, so that's all. That's the main reason I believe that you don't need to know it all plus the technical part of it for you to invest in Bitcoin and be successful.


 

It does requires knowledge to maintain your investment that’s what some folks lacks that’s they can’t even manage their investment. But the knowledge is not as complex as that of trading , yes trading requires deep technical and fundamental knowledge. While when come to investment there are some principles you must follow if you want smooth investment, and not only that learning more about bitcoin will build up your confidence more .