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Author Topic: A common mistake make by a newbie when investing in Bitcoin  (Read 72 times)
Bishop Victor (OP)
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December 03, 2025, 05:00:02 PM
 #1

my country I greet my people well oh, from my own little understanding. Being a  topic saying the common mistake makes ?
the newbie when investing in Bitcoin fist I understand that it is some lack of  invest in Bitcoin without grasping how it works for its underlying and marketing for it information and decisions Bitcoin without the understanding for newbies with know the very unstable the person highlighted a new investorsment make  the person who volatility risk Bitcoin value can be take time to learn about it.
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December 03, 2025, 05:27:12 PM
 #2

my country I greet my people well oh, from my own little understanding. Being a  topic saying the common mistake makes ?
the newbie when investing in Bitcoin fist I understand that it is some lack of  invest in Bitcoin without grasping how it works for its underlying and marketing for it information and decisions Bitcoin without the understanding for newbies with know the very unstable the person highlighted a new investorsment make  the person who volatility risk Bitcoin value can be take time to learn about it.
Guy if any body tell you say them understand one shit here ehn, then make you know say the person dey lie bro.
If you need to invest for Bitcoin, yes you need some basic knowledge about bitcoin but that one no mean say you go need to know everything about bitcoin before you go start. You fit also invest for Bitcoin while you dey learn. Only somebody way dey very dull nai go wait till em sabi everything before em start. As a newbie, ones you done understand watin Bitcoin be, the next thing you go do nah to know how to take protect your Bitcoin wallet so that you no go misplace am.
The rest thing nah jara, unless you need learn the technical things about crypto currency, but those ones you need learn when you done start.

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December 03, 2025, 06:14:14 PM
 #3

@OP, I quit understand the title of this thread but like Su-asa mentioned, there is actually a stress in trying to understand the rest of the message you are trying to pass here and my little advice is that you don't need to be in a rush to create a thread here on the forum, always take your time to read through what you wrote before posting, this is not to make you feel bad but to also encourage you and make you  put some efforts in your contributions here. If you are seeking the common mistakes that newbies make while start their Bitcoin journey, the major one is lack of knowledge.

There's a saying that knowledge is the key to success and to site an example in regards to that statement,  some people bought Bitcoin thinking that it's an asset that can makes them get rich quickly while it's not, some people also invested all their money into Bitcoin without considering that they are going to have some personal needs to spend on and when those need arises, they will have that urgency to sell their Bitcoin so that they can settle those needs, such emergency needs forces them to sell their Bitcoin when the price must have fall below the price that they bought. To avoid these mistakes, learn about the strategy to become a successful Bitcoin investor and a holder.

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Sammye3
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December 03, 2025, 09:30:14 PM
 #4

Trying to put all pieces in place, if I understand you OP I think you're trying to talk about the essence of making proper analysis and acquiring the required knowledge needed before making investments?

If so, definitely before putting your money into any investment, not necessarily Bitcoin investment it's important to make proper research and analysis about it before investing, that's only ethical.

I think it's best you need to make corrections in this post so we can understand what message you're trying to pass.

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December 03, 2025, 10:55:03 PM
 #5

All being said, it is good to have prior knowledge about Bitcoin before investing in it. It does not necessarily mean that one must know everything about Bitcoin first before investing. If you can, you can invest while you learn about it, so you could as well gain some experience as you hold while learning about it. When investing, you should be smart to invest with funds you will not use for a long time, so that it does not bother you whenever the market is down.

Lastly, OP, I will advise that you take time to read your post before uploading it so that members can also read and contribute their knowledge to your posts. The OP is very wonderful and takes extra effort to decode the message you are trying to transmit.

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December 03, 2025, 11:22:57 PM
 #6

OP, ah no blame you. I hope no be confuse you wan confuse us like dis, because everytin wey you talk for here ah no even understand am. If you wan speak pidgin, speak am, and if you one speak good English continue like that.

Weting this forum done teach me na say, bitcoin investment no be weting perso go hit him chest say e be ogbenga for. pipo wey say they be professional done looseguard for their investment. E hard to avoid mistake because we get mistake we they do cautiously or uncatiously. E no get any way wey we go they perfect.
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Today at 05:08:52 AM
 #7

Op if I could get you right I believe you're trying to communicate some common mistake many newbies do when jumping into an investment that they know nothing about and here are some few I can state out:

 Not having little or zero knowledge about Bitcoin investment:  As they said knowledge is power, when you have a little knowledge about what you plan investing our money in at least it makes it easier and place you in a better state of achieving success but when you are have no idea about it you become a total novice  and exposed you to higher risk.

Always invest what you can afford to lose: Truth be told nothing is that sure  in life so you need to take precautions to avoid story's that touches the heart.

Always invest with right funds (discretionary): it is important you invest in Bitcoin with the discretionary fund so you will not start having problems in your investment.
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Today at 06:05:09 AM
 #8

my country I greet my people well oh, from my own little understanding. Being a  topic saying the common mistake makes ?
the newbie when investing in Bitcoin fist I understand that it is some lack of  invest in Bitcoin without grasping how it works for its underlying and marketing for it information and decisions Bitcoin without the understanding for newbies with know the very unstable the person highlighted a new investorsment make  the person who volatility risk Bitcoin value can be take time to learn about it.

Op, I was trying to comprehend your whole text or thread, but it wasn't easy,though, but I will actually anwer your thread by the write up of your topic,saying a common mistakes made by newbie when investing in Bitcoin, well there are numerous mistakes made by newbies and which I believe, as a newbie when you avoiding them it will help you in investment. First of all:
Don't just come into Bitcoin investment with zero knowledge, try and learn a little knowledge about the  Bitcoin investment.
I believe this forum will also lead you to the right path, so never believe in anything you see online concerning cryptocurrency or Bitcoin investment, almost all the news on social media platforms about cryptocurrency are false,however its better you go through research or ask a reasonable question here in order have success in your cryptocurrency journey.
Don't invest all your money and make sure you have a backup plans, invest what you can afford to lose. Moreover seeking for knowledge should be every newbie first priority.

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Today at 08:10:47 AM
 #9

Please I would have to advise you something very important.. Before submitting your post always try to review what you have written down there , as I can't even comprehend anything here.
E for beta say you use pidgin English yarn make we know wetin you dey talk than say you dey stress urself. And of course the forum gives us that chances to express ourselves in both pidgin and simple one without us having to incur much difficulties, as i no really picture anything from ur post here.

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Today at 10:46:04 AM
 #10

my country I greet my people well oh, from my own little understanding. Being a  topic saying the common mistake makes ?
the newbie when investing in Bitcoin fist I understand that it is some lack of  invest in Bitcoin without grasping how it works for its underlying and marketing for it information and decisions Bitcoin without the understanding for newbies with know the very unstable the person highlighted a new investorsment make  the person who volatility risk Bitcoin value can be take time to learn about it.
OP your writing no too clear like that, I no really understand wetin you dey wan talk but based on the little I grasp and with the topic, I go try respond. Many mistakes dey wey be say both newbies and even experienced Bitcoiners dey make sometimes, maybe for newbies dem no know or dey aware of am and for experienced Bitcoiners dem, na say e skip dia mind abi dem forget, any ways sha, na normal thing wey be say we dey later learn from den we go come do better.

One of the mistakes for newbies bee say, dem dey feel say e go make dem hammer quick quick, dem no dey know say na something wey dey take time, dem dey also feel say na once dem go fit just know every every wey dem supposed know, but dem forget say na continues learning because  things dey improve everyday with new technology, one oda mistake wey me I dey observed for newbies be say dem dey try wan copy rooo much, dem no dey reason make.dem.do dia own make e work for dem as e supposed.

 
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