Newbie should learn before investing in bitcoin.

[Jubilee58]

As a newbie, it is not advisable to dive into bitcoin investing without having the proper knowledge of how bitcoin works.
Bitcoin is a cryptocurrency with very high volatility and as a newbie, it is very necessary you understand the characteristics of bitcoin so that you don't put yourself in pressure may be when the bitcoin market is going against your wish.

As a newbie, before going into bitcoin investing, it is necessary you make your research, there are different ways and places you can go in order to learn about bitcoin, for instance you can decide to watch some YouTube videos concerning bitcoin, follow experts advice and possibly reading bitcoin news and by the time you are well guided with these information concerning bitcoin, your bitcoin journey will be made easy for you.

[BIT-BENDER]

As a newbie, it is not advisable to dive into bitcoin investing without having the proper knowledge of how bitcoin works.
Bitcoin is a cryptocurrency with very high volatility and as a newbie, it is very necessary you understand the characteristics of bitcoin so that you don't put yourself in pressure may be when the bitcoin market is going against your wish.

As a newbie, before going into bitcoin investing, it is necessary you make your research, there are different ways and places you can go in order to learn about bitcoin, for instance you can decide to watch some YouTube videos concerning bitcoin, follow experts advice and possibly reading bitcoin news and by the time you are well guided with these information concerning bitcoin, your bitcoin journey will be made easy for you.

This is too basic to be a post. I advise you focus now on learning yourself because you are also still growing your own knowledge. This post is more like a reply that can fit in many already started thread concerning this topic.
Starting a thread like this with the most basic statement can lead to unnecessary spamming.
I hope you can take this as a motivational to go deeper and come up with more constructive and unique posts.

[Donk1]

Bro there are some things  you are missing  that you should know Bitcoin as we know it stands top among among every other cryptocurrency and I am sure most folks that have been investing in Bitcoin for a while now may have experienced the market volatility a lot. And I'm sure they have learned to manage it using one of our well known strategies like the DCA  Dollar Cost Averaging that said , but as a newbie investor it's easy to say learning and doing research is very good and  important because  understand every aspect of Bitcoin before puttting in your cash is very very good so you won't be jumping in and out  with a lot of losses.


Further more one major thing every newbie should know is that when doing research always make sure you are doing the right research and  getting the right information because not all informaton you get from the internet is good. And beware of scammers because making money shouldn't be your major priority as a newbie  investor Whqt you should prioritize is managing your risk and avoiding too many losses So that is  just it .............

[obuoma]

As a newbie, before going into bitcoin investing, it is necessary you make your research, there are different ways and places you can go in order to learn about bitcoin, for instance you can decide to watch some YouTube videos concerning bitcoin, follow experts advice and possibly reading bitcoin news and by the time you are well guided with these information concerning bitcoin, your bitcoin journey will be made easy for you.

Experience have shown me that this is a wrong advice and if you follow it, you will end up investing in other things that are not Bitcoin and may end up losing money to shitcoins. Who are the supposed experts you wants to listen to before you start investing in Bitcoin? Why should a new investor seek news from blogs and Bitcoin magazines when all that is needed to get started is just basic knowledge that is already available in this forum. Your statement is ideal for a trader or short term investor who want to enter at the perfect time in the market and sell quickly when price rice's. Long term investors do not need all those boring processes to begin building their Bitcoin portfolio.

[Mehmet69]

As a newbie, it is not advisable to dive into bitcoin investing without having the proper knowledge of how bitcoin works.
Bitcoin is a cryptocurrency with very high volatility and as a newbie, it is very necessary you understand the characteristics of bitcoin so that you don't put yourself in pressure may be when the bitcoin market is going against your wish.

As a newbie, before going into bitcoin investing, it is necessary you make your research, there are different ways and places you can go in order to learn about bitcoin, for instance you can decide to watch some YouTube videos concerning bitcoin, follow experts advice and possibly reading bitcoin news and by the time you are well guided with these information concerning bitcoin, your bitcoin journey will be made easy for you.

Yes, a newbie needs to know about Bitcoin before investing in Bitcoin. I am not just talking about investing in Bitcoin, but before any kind of investment, we need to know the basic idea about that object. Bitcoin has some basic features, one of which is its price fluctuation. Most newbies consider price volatility to be a minor problem. But when they start investing, they get scared of the reality and stay away from investing.

So we first need to get the basic idea about Bitcoin. Which you can get from any platform. After gaining the basic knowledge, if you are interested in investing, then as a newbie, you should read these two threads Buy the DIP, and HODL!, Buy Buy Buy or Sell Sell Sell? carefully. You should not just read, you should retain all the information in yourself. You will get a complete idea about what can and cannot be done about investing in Bitcoin for beginners. I hope you are interested in learning from the right place before investing in Bitcoin.

[fredericktaylor]

As a newbie, it is not advisable to dive into bitcoin investing without having the proper knowledge of how bitcoin works.
Bitcoin is a cryptocurrency with very high volatility and as a newbie, it is very necessary you understand the characteristics of bitcoin so that you don't put yourself in pressure may be when the bitcoin market is going against your wish.

As a newbie, before going into bitcoin investing, it is necessary you make your research, there are different ways and places you can go in order to learn about bitcoin, for instance you can decide to watch some YouTube videos concerning bitcoin, follow experts advice and possibly reading bitcoin news and by the time you are well guided with these information concerning bitcoin, your bitcoin journey will be made easy for you.

Before a new person starts investing, it is very important to gain knowledge about the basic aspects of Bitcoin because the risk of losing money in investment can increase manifold by not gaining knowledge about the basic aspects. You should not start investing based on someone's words, it is very important to manage investments with small amounts of money through your own research. By continuing research patiently, it is possible to gradually become very knowledgeable, by gaining knowledge, it is possible to reach your destination along with making the right decisions. Patience and knowledge are the keys to success, and by using them correctly, it is possible to get something good in the future.

[SPIDERMAN008]

New people who are interested in investing in Bitcoin should definitely know the basics of Bitcoin. But before starting investing, they should create a mentality of investing for the long term. If they think of becoming rich quickly by trading instead of investing, then it will not bring any good for them. Rather, it will cause harm. To know, anyone can read the news, analyze the articles well, gain knowledge about Bitcoin and how the market works, watch videos on YouTube related to Bitcoin. But what decision they will make will depend on their mentality. Many people can learn various wrong things about Bitcoin in the name of knowing, which will harm themselves. Therefore, they should definitely start investing by gaining knowledge in the proper way, as a result, the possibility of loss is very low.

[rachael9385]

As a newbie, it is not advisable to dive into bitcoin investing without having the proper knowledge of how bitcoin works.
Bitcoin is a cryptocurrency with very high volatility and as a newbie, it is very necessary you understand the characteristics of bitcoin so that you don't put yourself in pressure may be when the bitcoin market is going against your wish.

As a newbie, before going into bitcoin investing, it is necessary you make your research, there are different ways and places you can go in order to learn about bitcoin, for instance you can decide to watch some YouTube videos concerning bitcoin, follow experts advice and possibly reading bitcoin news and by the time you are well guided with these information concerning bitcoin, your bitcoin journey will be made easy for you.

Gaining knowledge about a particular thing before going into it is very important, Bitcoin is an aspect of cryptocurrency that a lot of people engage in the most because unlike other tokens it's more stable compared to altcoins although it's still volatile. Before you think of earning you must focus on the learning process. A lot of newbies make mistakes with investments because they dive into it without proper research or anything and as a result of this some even fall for Bitcoin scams. Gaining knowledge is very important to succeed in the crypto space

[Powerjumboo]

As a newbie, it is not advisable to dive into bitcoin investing without having the proper knowledge of how bitcoin works.
Bitcoin is a cryptocurrency with very high volatility and as a newbie, it is very necessary you understand the characteristics of bitcoin so that you don't put yourself in pressure may be when the bitcoin market is going against your wish.

As a newbie, before going into bitcoin investing, it is necessary you make your research, there are different ways and places you can go in order to learn about bitcoin, for instance you can decide to watch some YouTube videos concerning bitcoin, follow experts advice and possibly reading bitcoin news and by the time you are well guided with these information concerning bitcoin, your bitcoin journey will be made easy for you.

Yes, as a beginner, if you are not experienced in how Bitcoin works, then it is not right to invest directly in Bitcoin. Before investing in Bitcoin, you must provide security to Bitcoin. If we cannot provide security to our investment, then we will face a lot of losses by investing, especially the security of the wallet we hold. After we learn about Bitcoin and gain experience, we must ensure the security of our wallet. If we can ensure security in the wallet, then we can invest without worries. Many times, it is seen that many people gain some experience about Bitcoin and after gaining some experience, they go to invest directly, as a result, they cannot provide security to the wallet, due to which they lose their investment. We have to learn a good lesson from this mistake first of all. Moreover, as you have explained, new investors should definitely act in this way.

[Nuel0717]

As a newbie, it is not advisable to dive into bitcoin investing without having the proper knowledge of how bitcoin works.
Bitcoin is a cryptocurrency with very high volatility and as a newbie, it is very necessary you understand the characteristics of bitcoin so that you don't put yourself in pressure may be when the bitcoin market is going against your wish.

As a newbie, before going into bitcoin investing, it is necessary you make your research, there are different ways and places you can go in order to learn about bitcoin, for instance you can decide to watch some YouTube videos concerning bitcoin, follow experts advice and possibly reading bitcoin news and by the time you are well guided with these information concerning bitcoin, your bitcoin journey will be made easy for you.

If you observe my profile you'll know that I'm very new to this forum, I know about Bitcoin but I don't know about Bitcoin investments, how long can someone study about it before they'll be sure that they're ready to invest in it, is there any timeframe for that?

Asides watching YouTube videos and following experts, is there any place in this forum that I can learn about it, please I'll need guidance so I'll learn and understand it better.

[Sticky Bomb]

As a newbie, it is not advisable to dive into bitcoin investing without having the proper knowledge of how bitcoin works.

What are the "Proper knowledge how Bitcoin works"?

Bitcoin is a cryptocurrency with very high volatility and as a newbie, it is very necessary you understand the characteristics of bitcoin so that you don't put yourself in pressure may be when the bitcoin market is going against your wish.

What are the "characteristics" we need to understand before buying and holding Bitcoin?

As a newbie, before going into bitcoin investing, it is necessary you make your research, there are different ways and places you can go in order to learn about bitcoin, for instance you can decide to watch some YouTube videos concerning bitcoin, follow experts advice and possibly reading bitcoin news and by the time you are well guided with these information concerning bitcoin, your bitcoin journey will be made easy for you.

There are plenty of articles here on the forum that can give you a good guide, most YouTube videos are created by influencers who do not even understand neither fundamentals of Bitcoin and value proposition nor it's accumulation strategies and why it's the best choice

[Mega resources for newbies] Check here, find most of your need, before asking.

[DaNNy001]

As a newbie diving into crypto you must know that it is not a ponzi scheme to get rich overnight but this is not how crypto works...if you are interested in earning from bitcoin then that first thing you must invest is your time...you must understand everything there is to know about Bitcoin before putting your money into it..Don't rush into investing otherwise you might make some mistakes that would cost you a lot

[SmartGold01]

Some of the YouTube videos are so misleading because they could talk what they know in other to gain subscribers, for me it’s good to always stick to this forum and when you read more vastly you would understand things that you weren’t expecting and of course here is a bitcointalk forum which focuses more on bitcoin related discussions and any other cryptocurrency coin out there. This community is a very large place which covers from developers, technical support and things that could teach you more about bitcoin, YouTube is actually cool but for a starter it’s very misleading which I wouldn’t encourage beginners to keep going to such area except they truly know what they are doing.

[Kagaru]

Some of the YouTube videos are so misleading because they could talk what they know in other to gain subscribers, for me it’s good to always stick to this forum and when you read more vastly you would understand things that you weren’t expecting and of course here is a bitcointalk forum which focuses more on bitcoin related discussions and any other cryptocurrency coin out there. This community is a very large place which covers from developers, technical support and things that could teach you more about bitcoin, YouTube is actually cool but for a starter it’s very misleading which I wouldn’t encourage beginners to keep going to such area except they truly know what they are doing.

Exactly, YouTube is full of information, but most of the content is designed to increase subscribers and is more hype than real knowledge. This can be very confusing, especially for those who are completely new to it. I myself learned a lot from YouTube in the beginning, but when I came to BitcoinTalk, I realized that real experience and real discussions take place here.


There are many experienced users in this forum who share their bitter experiences such as scams, price movements, security issues, etc. These are some things that cannot be found in books or videos.

[Out of mind]

It is always important for a new person to be educated and we will advise new users about investing so that they do not face losses in the future. Basically, new people are very weak in investing and they expect to earn a lot of money in a short time, so they face problems. To invest in Bitcoin, first of all, every person must know about the market and gain sufficient knowledge about the strategy. It is important to know when to buy. Only if you can be well experienced in all matters, it is possible to profit from investment. However, there are many new people who dive into trading but are basically not experienced, which results in losing their money. So, first take advice about trading and investing and then gain experience and then invest and implement a good plan.

[Different patterns]

As a newbie, it is not advisable to dive into bitcoin investing without having the proper knowledge of how bitcoin works.

There are plenty of articles here on the forum that can give you a good guide, most YouTube videos are created by influencers who do not even understand neither fundamentals of Bitcoin and value proposition nor it's accumulation strategies and why it's the best choice

Exactly most video on YouTube were created by influencer and most of them explained something different not what you really need they talk about, is a great idea in every investment one is about to do, the first step is to make a proper research to know how the investment move, making a research about bitcoin investment one most also be careful because not all site will give you accurate answers, but the only way I think people can get accurate answers to bitcoin investment is physical conversation, you consult people who you think know much about bitcoin investment to explain it in detail's, or if you are members of bitcointalk, forum is enough to learn about Bitcoin, as it wildly open with different boards to ask and learn about Bitcoin, and I'm not against the YouTube you can also find legit information from YouTube, but I prefer physical conversation as it can make me understandable.

[(Hummus)]

As a newbie I'm really gaining a lot of information by being on the forum, I believe I'm on the right track if I continue to learn from those that are experienced and also doing my won research. I'm not focused on making any investment for now, I'm taking out my time to learn and understand how the market works. But for those that can give me a little advice, which is more profitable, is it to trade Bitcoin or to hodl? Is one more difficult than the other? I'?m curious to know

[TokenTikas]

As a newbie I'm really gaining a lot of information by being on the forum, I believe I'm on the right track if I continue to learn from those that are experienced and also doing my won research. I'm not focused on making any investment for now, I'm taking out my time to learn and understand how the market works. But for those that can give me a little advice, which is more profitable, is it to trade Bitcoin or to hodl? Is one more difficult than the other? I'?m curious to know

Since you have come here and have been able to learn a lot, I like your words. First of all you should never break the rules and regulations of the forum and read a lot and if you can make good quality comments then post them. Since you are trying to learn without going into investment, what would be a good advice for you? First, learn well and then move on to investment. Because you know very well that bad things are the most important thing in the crypto world. But in my opinion... it seems that first of all you need to learn and hold. If you can learn well and hold bitcoin then you can earn a good amount of profit from them. Since you are learning, it is better not to move on to trading because you have to take a lot of risks to trade. That is why you can move on to trading only after learning slowly. If you had a very good idea about the market for trading then it is possible to make a good amount of profit from trading.

[Frankolala]

As a newbie, before going into bitcoin investing, it is necessary you make your research, there are different ways and places you can go in order to learn about bitcoin, for instance you can decide to watch some YouTube videos concerning bitcoin, follow experts advice and possibly reading bitcoin news and by the time you are well guided with these information concerning bitcoin, your bitcoin journey will be made easy for you.

There is a lot to bitcoin investment in order for you to be successful. It's not by watching youtube videos or reading articles online because you wouldn't get the proper knowledge to invest into bitcoin and hodli for long term plan. It's not all about the theory aapect but the practical because that is the reality of the market and your financial situation. I will advise any newbie that want to start his bitcoin investment to take his time and read this thread created by JayJuanGee.

JJG’s Outline of Bitcoin Investment Ideas

[Yorubek]

As a newbie, it is not advisable to dive into bitcoin investing without having the proper knowledge of how bitcoin works.
Bitcoin is a cryptocurrency with very high volatility and as a newbie, it is very necessary you understand the characteristics of bitcoin so that you don't put yourself in pressure may be when the bitcoin market is going against your wish.
As a newbie, before going into bitcoin investing, it is necessary you make your research, there are different ways and places you can go in order to learn about bitcoin, for instance you can decide to watch some YouTube videos concerning bitcoin, follow experts advice and possibly reading bitcoin news and by the time you are well guided with these information concerning bitcoin, your bitcoin journey will be made easy for you.

It is very important to do research about Bitcoin before starting to invest. Many new investors think that investing in Bitcoin in the short term can make money quickly or get rich quickly. This idea is completely wrong, because investing in Bitcoin in the short term cannot get rich quickly. By investing consistently with a long-term plan, profits can be expected in the future.

As a newbie I'm really gaining a lot of information by being on the forum, I believe I'm on the right track if I continue to learn from those that are experienced and also doing my won research. I'm not focused on making any investment for now, I'm taking out my time to learn and understand how the market works. But for those that can give me a little advice, which is more profitable, is it to trade Bitcoin or to hodl? Is one more difficult than the other? I'?m curious to know

Trading in a new situation is very risky because it is very difficult to achieve success by making money through trading, although making money from trading seems very easy, it is actually very challenging. To make money through trading, efficiency and strategies, market analysis are very important, because one mistake can increase the chances of losing all your money many times. You should consistently collect small amounts of Bitcoin with a long-term plan and hold it for the future, this will protect you from inflation and you can expect big profits in the future. Continue to research patiently and gain knowledge because patience and knowledge can slowly take you to your destination.