The role of Experience in Bitcoin accumulation.

[Yorubek]

Bitcoin investment needs allot of clarification and knowledge  before anyone can enter. I am of the school of taught that anyone who has in mind to invest should atleast get an already experienced in bitcoin talk to properly school you on all the details that you need. Get to know the risks and benefits, when to and when not invests amongst allot of things that you need to know in the bitcoin world before  investing.

I don't know the kind of investment you are saying that needs a lot of classification of knowledge because for Bitcoin investment you need too much knowledge before you go start to dey invest rather waiting you just need to start na basic knowledge which comprises of; how you go take buy or accumulate and how you go take hold, the wallet wey go dey safer to keep those Bitcoin and how you go take source out your discretionary income and emergency funds etc and then some other important things we also be learn as you go into...

you don't need too much knowledge just like you said before you will start accumulating bitcoin. Basic knowledge of bitcoin is what you need to start buying bitcoin. Every other thing you need to know, you can learn while you have already started. It will even increase learning speed, since we will be buying the opportunity of increasing our knowledge about bitcoin and also to be able to utilise the opportunity that the market offer instead of delaying our investment allowance in the name of wanting to know about bitcoin.

Yes, it is not necessary to have much knowledge or money to start investing in Bitcoin, it is important for the investor to have basic knowledge about Bitcoin as well as prudent money. When investors consistently purchase Bitcoin with a long-term plan, have a certain amount of time to increase their knowledge about Bitcoin. By having the right knowledge about Bitcoin, the investor can confidently use every opportunity correctly and can hold it for a long time through investment, as a result, investor does not get disappointed quickly by see the volatility of the market and helps him to hold it patiently for a long time with confidence. And it is very important to hold it for a long time by investing in Bitcoin, as a result, the risk of losing money is reduced and there is a possibility of profit in the future.

[Bitcoin.com97]

The basic and necessary things to do is having a primary knowledge about Bitcoin, waiting to get all the money or having such mindset has kept many people backward which some regrets now ,you don't need all the knowledge before you start,you don't need to have 1btc before you start,as long as you have something doing ,start from there ,start your accumulation journey little by little and be consistent which is the most important thing,and lastly have long term investment plan with that one won't panic because of the volitility of the market ,with this mindset and policy ,you will be amazed at the your portfolio at the right time

Basic knowledge is what is required to start Bitcoin investment that is what most people forget because it is not possible to get all the knowledge before a person starts accumulating else he will end up not having any Bitcoin in his possession, I think some people need to be sensitized about this issue of wanting to acquire all the knowledge before they go into Bitcoin investment, with basic knowledge and experience as time goes on no doubt a person will start understanding better how it works, it's just like the our first time in the forum everything was strange and it looked difficult as at then but because of determination, we never gave up but we stayed, study, and learn, that is how other things should be treated.

Exactly, Bitcoin investment need consistency as time goes on , depending fully to understand everything and how it works ,will only get one stuck in between, waiting for so much  money and all the knowledge in the world is not really important, starting small is the main goal and them be discipline,if many will understand this perfectly well, some mistakes and thought will not come in , people really need to be enlightened more about how this Bitcoin accumulation journey works .

[yixichloro2xx]

Normally anyone that wants to begin that investment journey will first have a sense of fear, cautiousness and confusion, but there is a difference between being careful and endlessly delaying. Because I know that a lot of people will use it as an excuse. The best thing to do is to take action and what I mean by that is to start investing right away after figuring out their dictionary income. If they don't have an idea on how and where to buy , they can look for videos on YouTube or find someone reliable to teach them how to do that. What people needs to know is that knowledge comes from experience and effort you put into learning something after you've started investing. Anyone that doesn't learn about Bitcoin but only invests might face some issues especially when the market is in a bearish momentum. Lack of knowledge and proper mindset can make them make decisions that are poor. Waiting for the perfect time will just keep creating more doubt in someone's mind which prevents them from investing.

[ejikeme24]

Bitcoin investment needs allot of clarification and knowledge  before anyone can enter. I am of the school of taught that anyone who has in mind to invest should atleast get an already experienced in bitcoin talk to properly school you on all the details that you need. Get to know the risks and benefits, when to and when not invests amongst allot of things that you need to know in the bitcoin world before  investing.

You don’t need to be in this bitcoin forum to start accumulating bitcoin you can start anytime and any where just aslong you understand the basic then you are good. You don’t have to start going after advance bitcoin knowledge just to start your investing , once you can buy bitcoin from trust worthy source like exchanges (not too safe there)  but still is preferable . And also know how to store your coin properly then you good to go .

You're right, it is not a must for every body to start with the knowledge gotten from the forum here I believe Thier are other trusted source that gives a better knowledge about Bitcoin investment so if you are lucky to find any of this source and it happens that you were able to get at least the basic knowledge from Thier, of course you can start your Bitcoin investment if you have figure out your discretionary income. However Bitcoin investment does not require much knowledge before getting started, as for me I think the major thing is knowing how to invest and the right wallet to store your Bitcoin together with your seed phrase, and you also need to know that bitcoin is not a get rich quick investment if you understand all these things then you can actually kick start. as you are accumulating bitcoin that's the more you're learning different things and most of the things you would learn during the process will not be reviewed to you if you had waited to learn everything.

[Cgrexp]

Normally anyone that wants to begin that investment journey will first have a sense of fear, cautiousness and confusion, but there is a difference between being careful and endlessly delaying. Because I know that a lot of people will use it as an excuse. The best thing to do is to take action and what I mean by that is to start investing right away after figuring out their dictionary income. If they don't have an idea on how and where to buy , they can look for videos on YouTube or find someone reliable to teach them how to do that. What people needs to know is that knowledge comes from experience and effort you put into learning something after you've started investing. Anyone that doesn't learn about Bitcoin but only invests might face some issues especially when the market is in a bearish momentum. Lack of knowledge and proper mindset can make them make decisions that are poor. Waiting for the perfect time will just keep creating more doubt in someone's mind which prevents them from investing.

In terms of investment, many things also should be taken from practical experience and practical planning, not just theoretical knowledge. For example, we can calculate how much we are able to invest from our income and by setting aside necessary expenses, we can determine how much money we are comfortable allocating for investment. In addition, how much money should we set aside for emergency funds or other funds. Although it is easy to gain theoretical knowledge about investment, when we invest in reality, how mentally capable we are of handling market fluctuations is understood only after we start. So by starting with a small amount, we can increase our experience. And I think that learning from practical experience has a better positive effect than theoretical knowledge. So if someone has the minimum necessary knowledge to start investing and the ability to invest after evaluating their financial situation, they should start without delay.