Investment Become Gambling

[Hardyrobust]

To be successful in investing in Bitcoin, it is very important to first achieve the right knowledge because without the right knowledge, it is not possible for an investor to achieve success. Along with achieve the right knowledge, consistency is very important. If there is no consistency in investment, then success cannot be achieved, so you should buy Bitcoin consistently with a long-term plan with prudent money and do not be disappointed by the instability of the market. You should wait patiently for a good time with confidence, as a result of which long-term profits can be expected. We must remember that it is never possible to achieve success by investing in Bitcoin long-term investment or short-term plans, so success can be achieved buy Bitcoin with a long-term plan with confidence and patiently waiting for the right time.

Someone without the right information will always get it wrong, which will make them make wrong decisions easily when it comes to Bitcoin investment. Many people have failed in their Bitcoin investment, and it is all because of the lack of proper knowledge that they don't have. If those people had waited to learn well and get the right information about Bitcoin, they would hardly make a wrong decision.When I started my Bitcoin investment, assuming I did not learn some level and gather some kind of knowledge from experienced people around me, by now I might not be into Bitcoin investment. But I learned what I was supposed to learn; that is why I am still accumulating Bitcoin till now.

When I started investing in Bitcoin, there was a period I was panicking because it didn’t take long before the market started dumping. I was thinking that I was losing it all, and I didn’t want to lose more, so I decided to sell. However, the person who introduced me enlightened me more about the Bitcoin cycle, and that is why I did not sell my Bitcoin at that period. As I became more enlightened about the bull and bear market, I decided to be patient and in the process I realized that when someone have right knowledge it will hardly take a wrong take.

To me is not a good idea for anyone to decide not to invest in bitcoin and then remain a no coiner all because they want to learn well before they start buying bitcoin in other to avoid making mistakes. The most important thing is if this people have discretionionary income to start accumulating bitcoin with and they can continue with there learning process while still ongoing with bitcoin accumulation. Starting to buy bitcoin won't stop anyone from learning about bitcoin, infact that would be the best way to learn about bitcoin investment.

[yixichloro2xx]

If those people had waited to learn well and get the right information about Bitcoin, they would hardly make a wrong decision.When I started my Bitcoin investment, assuming I did not learn some level and gather some kind of knowledge from experienced people around me, by now I might not be into Bitcoin investment. But I learned what I was supposed to learn; that is why I am still accumulating Bitcoin till now.

I agree with you that knowledge is important in our Bitcoin investments. Newbie shouldn't consume any type of Info they see , at least they should still make some research. We are in a digitalized world so any type of things we want to learn is on the Internet. What I don't really agree with you on is this part where you talk about people should wait and learn well about Bitcoin before they invest. It will take you time before you learn a lot of information about Bitcoin. Instead of waiting to learn, it's better to just understand some simple basics on how to buy and store in your wallet, figure out your discretionary income and you are good to go. So you can now learn more as you are investing, and the best way to get more knowledge and experience is when you actually start small. When you start small with your DCA method you will remove the pressure of panicking to sell during market uncertainty. From there you will build the habit of discipline, self control and surely mistakes will occur and every mistake is to learn from.

[ASloveapg]

To be successful in investing in Bitcoin, it is very important to first achieve the right knowledge because without the right knowledge, it is not possible for an investor to achieve success. Along with achieve the right knowledge, consistency is very important. If there is no consistency in investment, then success cannot be achieved, so you should buy Bitcoin consistently with a long-term plan with prudent money and do not be disappointed by the instability of the market. You should wait patiently for a good time with confidence, as a result of which long-term profits can be expected. We must remember that it is never possible to achieve success by investing in Bitcoin long-term investment or short-term plans, so success can be achieved buy Bitcoin with a long-term plan with confidence and patiently waiting for the right time.

Someone without the right information will always get it wrong, which will make them make wrong decisions easily when it comes to Bitcoin investment. Many people have failed in their Bitcoin investment, and it is all because of the lack of proper knowledge that they don't have. If those people had waited to learn well and get the right information about Bitcoin, they would hardly make a wrong decision.When I started my Bitcoin investment, assuming I did not learn some level and gather some kind of knowledge from experienced people around me, by now I might not be into Bitcoin investment. But I learned what I was supposed to learn; that is why I am still accumulating Bitcoin till now.

When I started investing in Bitcoin, there was a period I was panicking because it didn’t take long before the market started dumping. I was thinking that I was losing it all, and I didn’t want to lose more, so I decided to sell. However, the person who introduced me enlightened me more about the Bitcoin cycle, and that is why I did not sell my Bitcoin at that period. As I became more enlightened about the bull and bear market, I decided to be patient and in the process I realized that when someone have right knowledge it will hardly take a wrong take.

To me is not a good idea for anyone to decide not to invest in bitcoin and then remain a no coiner all because they want to learn well before they start buying bitcoin in other to avoid making mistakes. The most important thing is if this people have discretionionary income to start accumulating bitcoin with and they can continue with there learning process while still ongoing with bitcoin accumulation. Starting to buy bitcoin won't stop anyone from learning about bitcoin, infact that would be the best way to learn about bitcoin investment.

In reality, when we continue to invest in Bitcoin and learn about Bitcoin together, our learning process will be more enriched. We will be able to know Bitcoin more deeply. But if we want to fully understand Bitcoin before investing, then our investment will be too late, and even the little things we try to understand investment may seem very difficult to us, which if we learn while actually investing, then that time it will become much easier for us. So I think we should start investing only with general knowledge, and then maintain the investment and then learn Bitcoin more deeply.

We basically have to start investing realistically, investing without knowing anything is risky, and delaying investment in learning everything unnecessarily before investing will also cause us to miss opportunities, so gain general knowledge and start small within your ability, and continue investing and learning at the same time, it will be most reasonable.

[Showlove01]

To be successful in investing in Bitcoin, it is very important to first achieve the right knowledge because without the right knowledge, it is not possible for an investor to achieve success. Along with achieve the right knowledge, consistency is very important. If there is no consistency in investment, then success cannot be achieved, so you should buy Bitcoin consistently with a long-term plan with prudent money and do not be disappointed by the instability of the market. You should wait patiently for a good time with confidence, as a result of which long-term profits can be expected. We must remember that it is never possible to achieve success by investing in Bitcoin long-term investment or short-term plans, so success can be achieved buy Bitcoin with a long-term plan with confidence and patiently waiting for the right time.

Someone without the right information will always get it wrong, which will make them make wrong decisions easily when it comes to Bitcoin investment. Many people have failed in their Bitcoin investment, and it is all because of the lack of proper knowledge that they don't have. If those people had waited to learn well and get the right information about Bitcoin, they would hardly make a wrong decision.When I started my Bitcoin investment, assuming I did not learn some level and gather some kind of knowledge from experienced people around me, by now I might not be into Bitcoin investment. But I learned what I was supposed to learn; that is why I am still accumulating Bitcoin till now.

When I started investing in Bitcoin, there was a period I was panicking because it didn’t take long before the market started dumping. I was thinking that I was losing it all, and I didn’t want to lose more, so I decided to sell. However, the person who introduced me enlightened me more about the Bitcoin cycle, and that is why I did not sell my Bitcoin at that period. As I became more enlightened about the bull and bear market, I decided to be patient and in the process I realized that when someone have right knowledge it will hardly take a wrong take.

To me is not a good idea for anyone to decide not to invest in bitcoin and then remain a no coiner all because they want to learn well before they start buying bitcoin in other to avoid making mistakes. The most important thing is if this people have discretionionary income to start accumulating bitcoin with and they can continue with there learning process while still ongoing with bitcoin accumulation. Starting to buy bitcoin won't stop anyone from learning about bitcoin, infact that would be the best way to learn about bitcoin investment.

Bitcoin investment is not a must that everyone will involve in it, Bitcoin investment is a matter of choice and interest and the fact that someone don't want to invest doesn't mean they won't make it in life. Bitcoin investment is not  the only investment that is cool in the world I mean there are other investment out there so it must not be Bitcoin investment especially if you are not interested because if anyone who tries to force themselves on it, then they should be ready to come across challenges and trials. I can only tell someone the benefits and some disadvantage in Bitcoin investment but won't impose on them...

[GIF-JOBS]

To be successful in investing in Bitcoin, it is very important to first achieve the right knowledge because without the right knowledge, it is not possible for an investor to achieve success. Along with achieve the right knowledge, consistency is very important. If there is no consistency in investment, then success cannot be achieved, so you should buy Bitcoin consistently with a long-term plan with prudent money and do not be disappointed by the instability of the market. You should wait patiently for a good time with confidence, as a result of which long-term profits can be expected. We must remember that it is never possible to achieve success by investing in Bitcoin long-term investment or short-term plans, so success can be achieved buy Bitcoin with a long-term plan with confidence and patiently waiting for the right time.

Someone without the right information will always get it wrong, which will make them make wrong decisions easily when it comes to Bitcoin investment. Many people have failed in their Bitcoin investment, and it is all because of the lack of proper knowledge that they don't have. If those people had waited to learn well and get the right information about Bitcoin, they would hardly make a wrong decision.When I started my Bitcoin investment, assuming I did not learn some level and gather some kind of knowledge from experienced people around me, by now I might not be into Bitcoin investment. But I learned what I was supposed to learn; that is why I am still accumulating Bitcoin till now.

When I started investing in Bitcoin, there was a period I was panicking because it didn’t take long before the market started dumping. I was thinking that I was losing it all, and I didn’t want to lose more, so I decided to sell. However, the person who introduced me enlightened me more about the Bitcoin cycle, and that is why I did not sell my Bitcoin at that period. As I became more enlightened about the bull and bear market, I decided to be patient and in the process I realized that when someone have right knowledge it will hardly take a wrong take.

To me is not a good idea for anyone to decide not to invest in bitcoin and then remain a no coiner all because they want to learn well before they start buying bitcoin in other to avoid making mistakes. The most important thing is if this people have discretionionary income to start accumulating bitcoin with and they can continue with there learning process while still ongoing with bitcoin accumulation. Starting to buy bitcoin won't stop anyone from learning about bitcoin, infact that would be the best way to learn about bitcoin investment.

actually if we keep postponing investment to learn, then we will never be able to start investing. Instead of this kind of mentality, it is necessary to create a mentality of investing first and then learning with real experience, it is more effective. Start with any small amount according to your ability and gain experience, in this way, our investment will be driven and our knowledge will continue to be acquired. Just like it is not right to buy blindly, we should not delay investment by understanding too much, rather we should start with general knowledge with balance, then learn more deeply while continuing to invest, then we will be at the right level in all aspects.

[Father111]

Using a good strategy to invest in bitcoin won't control risk as you may think but rather risk can be managed and minimise by making use of the right strategy, however controlling risk is something that may not be possible.

What exactly do you mean by taking risk? For those who follow (DCA) when investing in bitcoin, the idea of risk is hardly seen as a major concern. People who invest with a long-term mindset usually accept market ups and downs, so they do not focus too much on risk. Those who stay invested for a long time can still make good profit. So I want to understand, who exactly are you referring to when you talk about risk, are you saying that even those using (DCA) are still exposed to risk or are you trying to point out something else?

  There is no strategy that you will used in accumulating bitcoin that will make it to become risk free. The DCA strategy you made mention doesn't eliminate risk. If you using the DCA strategy with the mindset that your bitcoin investment will be risk free then you are living to yourself. The only thing a good strategy will do is to help to manage and minimise risk but it won't completely eliminate risk. The fact that you are using dca strategy to accumulate bitcoin doesn't mean your guaranteed of success there will always be risk in bitcoin investment no matter the strategy used.

You are right, DCA strategy will not remove the risk in Bitcoin investment, some people don't understand that the DCA is just a strategy just like other Bitcoin accumulation strategy.
The DCA strategy will only help you feel very comfortable when growing your Bitcoin and it will also help you accumulate regularly and their by making you very fast in your accumulation, but the risk is still there, there's no Bitcoin accumulation strategy that removes the risk that is associated with Bitcoin investment.

It is true that there's risk in bitcoin, but the level of risk attached to long term investment is far less than the risk associated with trading. So before you try to lay emphasis on the risks associated with bitcoin, first consider the aspect of bitcoin handling that the mate is into.

Yes, DCA strategy is only an investment strategy which does not remove the risks in bitcoin just like every other strategy, but then DCA strategy has a way of supporting bitcoin investors in gaining a freelance to longer patience when it comes to Holding. I will set an example.

Let's consider a DCA investment process that the investor invests $50 monthly with an initial investment target era of 10 years. He would have less attachment to his invested amount. Note that within the 10 years, he must have invested 50*12(months*10years which will be $6,000 invested assuming he is ideally investing with out increase nor decrease. Such mate may achieve that feat without feeling much worried about his money because he hasn't invested such amount in just one or two occasions. Compare with someone who has invested by lump-sum of $6,000 in a go, he would always be on the chart, worried about his money even when he also had initial holding period of 10 years too. Such mate can notice a slight uptrend and now want to play smart to sell and buy back, that's how he gets exposed to gambling which was never his intention.

So DCA strategy is definitely better when it comes to long-term investments because it supports patience and continuity.

With the help of DCA method, the risks in Bitcoin has been minimize to the level of not being afraid of losing out in Bitcoin but to determine on your own to invest in the rightly, I'm not seeing Bitcoin investments becoming gambling ales those that has make up there mind from the beginning of their investing into Bitcoin that will gamble without knowing that gambling is more risky than anything in Bitcoin investments, it interest me with the way you break down some points here, for newbies not be mislead from going wrong part gambling, instead of making use of DCA method to invest in long term investment.

[IjawMan]

Someone without the right information will always get it wrong, which will make them make wrong decisions easily when it comes to Bitcoin investment. Many people have failed in their Bitcoin investment, and it is all because of the lack of proper knowledge that they don't have. If those people had waited to learn well and get the right information about Bitcoin, they would hardly make a wrong decision.When I started my Bitcoin investment, assuming I did not learn some level and gather some kind of knowledge from experienced people around me, by now I might not be into Bitcoin investment. But I learned what I was supposed to learn; that is why I am still accumulating Bitcoin till now.

When I started investing in Bitcoin, there was a period I was panicking because it didn’t take long before the market started dumping. I was thinking that I was losing it all, and I didn’t want to lose more, so I decided to sell. However, the person who introduced me enlightened me more about the Bitcoin cycle, and that is why I did not sell my Bitcoin at that period. As I became more enlightened about the bull and bear market, I decided to be patient and in the process I realized that when someone have right knowledge it will hardly take a wrong take.

To me is not a good idea for anyone to decide not to invest in bitcoin and then remain a no coiner all because they want to learn well before they start buying bitcoin in other to avoid making mistakes. The most important thing is if this people have discretionionary income to start accumulating bitcoin with and they can continue with there learning process while still ongoing with bitcoin accumulation. Starting to buy bitcoin won't stop anyone from learning about bitcoin, infact that would be the best way to learn about bitcoin investment.

It  is a poor decision that can delay a person from entering into Bitcoin investment on time which also could make him miss good purchasing opportunities within the time he is waiting and learning about Bitcoin. From what I've learned from jayjuange, you have to start first and follow it with the learning. Procrastinating on purchasing cause you are learning about bitcoin there is the tendency that you may not end at buying again, but starting while learning will stimulate you for more purchasing as your knowledgeable grows wider since you have already began

[The Founding Titan]

To be successful in investing in Bitcoin, it is very important to first achieve the right knowledge because without the right knowledge, it is not possible for an investor to achieve success. Along with achieve the right knowledge, consistency is very important. If there is no consistency in investment, then success cannot be achieved, so you should buy Bitcoin consistently with a long-term plan with prudent money and do not be disappointed by the instability of the market. You should wait patiently for a good time with confidence, as a result of which long-term profits can be expected. We must remember that it is never possible to achieve success by investing in Bitcoin long-term investment or short-term plans, so success can be achieved buy Bitcoin with a long-term plan with confidence and patiently waiting for the right time.

Someone without the right information will always get it wrong, which will make them make wrong decisions easily when it comes to Bitcoin investment. Many people have failed in their Bitcoin investment, and it is all because of the lack of proper knowledge that they don't have. If those people had waited to learn well and get the right information about Bitcoin, they would hardly make a wrong decision.When I started my Bitcoin investment, assuming I did not learn some level and gather some kind of knowledge from experienced people around me, by now I might not be into Bitcoin investment. But I learned what I was supposed to learn; that is why I am still accumulating Bitcoin till now.

When I started investing in Bitcoin, there was a period I was panicking because it didn’t take long before the market started dumping. I was thinking that I was losing it all, and I didn’t want to lose more, so I decided to sell. However, the person who introduced me enlightened me more about the Bitcoin cycle, and that is why I did not sell my Bitcoin at that period. As I became more enlightened about the bull and bear market, I decided to be patient and in the process I realized that when someone have right knowledge it will hardly take a wrong take.

A good research will give a person all the basic knowledge they need on how to go about bitcoin investment, its a long term investment and bitcoin as an asset is volatile, you can't just start investing in bitcoin and not expect the price to fluctuate, if you came into bitcoin for a long term journey and you understood that it was a volatile asset you wouldn't have panicked as much as you did, its not a get rich quick scheme and in the short term it might even sometimes look like you are losing but that's just bitcoin being volatile, as long as you are willing to hold and keep accumulating then you will be in s better chance of success, but you should also be aware that success isn't guaranteed and that's one of the reasons we invest with our discretionary income, its a risk management move.

[Proty]

To be successful in investing in Bitcoin, it is very important to first achieve the right knowledge because without the right knowledge, it is not possible for an investor to achieve success. Along with achieve the right knowledge, consistency is very important. If there is no consistency in investment, then success cannot be achieved, so you should buy Bitcoin consistently with a long-term plan with prudent money and do not be disappointed by the instability of the market. You should wait patiently for a good time with confidence, as a result of which long-term profits can be expected. We must remember that it is never possible to achieve success by investing in Bitcoin long-term investment or short-term plans, so success can be achieved buy Bitcoin with a long-term plan with confidence and patiently waiting for the right time.

Someone without the right information will always get it wrong, which will make them make wrong decisions easily when it comes to Bitcoin investment. Many people have failed in their Bitcoin investment, and it is all because of the lack of proper knowledge that they don't have. If those people had waited to learn well and get the right information about Bitcoin, they would hardly make a wrong decision.When I started my Bitcoin investment, assuming I did not learn some level and gather some kind of knowledge from experienced people around me, by now I might not be into Bitcoin investment. But I learned what I was supposed to learn; that is why I am still accumulating Bitcoin till now.

When I started investing in Bitcoin, there was a period I was panicking because it didn’t take long before the market started dumping. I was thinking that I was losing it all, and I didn’t want to lose more, so I decided to sell. However, the person who introduced me enlightened me more about the Bitcoin cycle, and that is why I did not sell my Bitcoin at that period. As I became more enlightened about the bull and bear market, I decided to be patient and in the process I realized that when someone have right knowledge it will hardly take a wrong take.

A good research will give a person all the basic knowledge they need on how to go about bitcoin investment, its a long term investment and bitcoin as an asset is volatile, you can't just start investing in bitcoin and not expect the price to fluctuate, if you came into bitcoin for a long term journey and you understood that it was a volatile asset you wouldn't have panicked as much as you did, its not a get rich quick scheme and in the short term it might even sometimes look like you are losing but that's just bitcoin being volatile, as long as you are willing to hold and keep accumulating then you will be in s better chance of success, but you should also be aware that success isn't guaranteed and that's one of the reasons we invest with our discretionary income, its a risk management move.

As per starting to invest in bitcoin there is no need to be procrastinating with the idea of wanting to research before beginning to invest. The most important thing is to figure out if there is discretionary income to invest with and then you can start accumulating bitcoin using the available discretionary income. Whatever research you think is essential you can be doing it while going on with your bitcoin accumulation.

[GIF-JOBS]

As per starting to invest in bitcoin there is no need to be procrastinating with the idea of wanting to research before beginning to invest. The most important thing is to figure out if there is discretionary income to invest with and then you can start accumulating bitcoin using the available discretionary income. Whatever research you think is essential you can be doing it while going on with your bitcoin accumulation.

Yes, we do not need to do a deep research on all the things about Bitcoin before we start investing, but rather we should do research after investing. First, we have to start investing by gaining general knowledge, and after keeping the investment going, we can go as deep as we want. But of course, we have to start investing first. for start Investment, we should not be delayed unnecessarily, delaying investment is the biggest wrong decision. So first, we have to understand this general thing and first of all, and then we have to start investing by gaining general knowledge, and then other things.

[The Founding Titan]

A good research will give a person all the basic knowledge they need on how to go about bitcoin investment, its a long term investment and bitcoin as an asset is volatile, you can't just start investing in bitcoin and not expect the price to fluctuate, if you came into bitcoin for a long term journey and you understood that it was a volatile asset you wouldn't have panicked as much as you did, its not a get rich quick scheme and in the short term it might even sometimes look like you are losing but that's just bitcoin being volatile, as long as you are willing to hold and keep accumulating then you will be in s better chance of success, but you should also be aware that success isn't guaranteed and that's one of the reasons we invest with our discretionary income, its a risk management move.

As per starting to invest in bitcoin there is no need to be procrastinating with the idea of wanting to research before beginning to invest. The most important thing is to figure out if there is discretionary income to invest with and then you can start accumulating bitcoin using the available discretionary income. Whatever research you think is essential you can be doing it while going on with your bitcoin accumulation.

A bit of research can be necessary, you need to know to invest with your discretionary income you also need to know which investment strategy to use and also bitcoin's price can DIP right after your first buy so its also good for you to know that bitcoin is also volatile so you don't panic when this happens, its not much but it is necessary, with the addition of having common sense to know that getting rich quick isn't something someone should have in mind when investing in bitcoin.
You don't have to know everything and it will take a very small part of a day to figure these things out by simply employing your research skills.

[GIF-JOBS]

A good research will give a person all the basic knowledge they need on how to go about bitcoin investment, its a long term investment and bitcoin as an asset is volatile, you can't just start investing in bitcoin and not expect the price to fluctuate, if you came into bitcoin for a long term journey and you understood that it was a volatile asset you wouldn't have panicked as much as you did, its not a get rich quick scheme and in the short term it might even sometimes look like you are losing but that's just bitcoin being volatile, as long as you are willing to hold and keep accumulating then you will be in s better chance of success, but you should also be aware that success isn't guaranteed and that's one of the reasons we invest with our discretionary income, its a risk management move.

As per starting to invest in bitcoin there is no need to be procrastinating with the idea of wanting to research before beginning to invest. The most important thing is to figure out if there is discretionary income to invest with and then you can start accumulating bitcoin using the available discretionary income. Whatever research you think is essential you can be doing it while going on with your bitcoin accumulation.

A bit of research can be necessary, you need to know to invest with your discretionary income you also need to know which investment strategy to use and also bitcoin's price can DIP right after your first buy so its also good for you to know that bitcoin is also volatile so you don't panic when this happens, its not much but it is necessary, with the addition of having common sense to know that getting rich quick isn't something someone should have in mind when investing in bitcoin.
You don't have to know everything and it will take a very small part of a day to figure these things out by simply employing your research skills.

When starting an investment, we must know these things, so that we do not make the wrong decision at the first stage, for this we must first acquire general knowledge about Bitcoin. We should not start completely ignorant, but rather acquire general knowledge and take ourselves to a normal level and then start investing, then we will be able to avoid making unexpected wrong decisions, and at the same time we can continue to invest consistently to make ourselves more skilled and continue to research more, so that we can become more skilled. So to avoid making unnecessary wrong decisions, we must have general knowledge, then we should start investing and continue researching for more in-depth knowledge.

[Merit.s]

When starting an investment, we must know these things, so that we do not make the wrong decision at the first stage, for this we must first acquire general knowledge about Bitcoin. We should not start completely ignorant, but rather acquire general knowledge and take ourselves to a normal level and then start investing, then we will be able to avoid making unexpected wrong decisions, and at the same time we can continue to invest consistently to make ourselves more skilled and continue to research more, so that we can become more skilled. So to avoid making unnecessary wrong decisions, we must have general knowledge, then we should start investing and continue researching for more in-depth knowledge.

I think what someone needs is common sense to figure out if he has discretionary income and how much of his discretionary income he can use to buy bitcoin regularly every week. He also needs common sense to practice good financial management as he has started his investment so that he doesn't end up use the wrong amount of money for the wrong purpose.

One good thing about bitcoin is that, learning and investing is a continuous process so when you have started your bitcoin investment, you can learn about your income, and how to improve it, you can learn about bitcoin through ongoingly buying as that's what gives you the best experience and builds your confidence more. Just focus on buying consistently and persistently till you reach your bitcoin target.

[Judith87403]

As per starting to invest in bitcoin there is no need to be procrastinating with the idea of wanting to research before beginning to invest. The most important thing is to figure out if there is discretionary income to invest with and then you can start accumulating bitcoin using the available discretionary income. Whatever research you think is essential you can be doing it while going on with your bitcoin accumulation.

This is the very reason why a lot of potential investors often miss out on potential investment opportunities, simply because they feel they don't really know too much to get started in bitcoin investment. But what they fail to realize is that one doesn't really need to know much to get started, especially as a newbie, as long as you have basic math skills, and just like you earlier pointed out, is able to figure out their disposal or discretionary income, then they are pretty much good to go. And maybe with time, they can do some evaluation and any necessary adjustments too.

[JayJuanGee]

As per starting to invest in bitcoin there is no need to be procrastinating with the idea of wanting to research before beginning to invest. The most important thing is to figure out if there is discretionary income to invest with and then you can start accumulating bitcoin using the available discretionary income. Whatever research you think is essential you can be doing it while going on with your bitcoin accumulation.

Yes, we do not need to do a deep research on all the things about Bitcoin before we start investing, but rather we should do research after investing. First, we have to start investing by gaining general knowledge, and after keeping the investment going, we can go as deep as we want. But of course, we have to start investing first. for start Investment, we should not be delayed unnecessarily, delaying investment is the biggest wrong decision. So first, we have to understand this general thing and first of all, and then we have to start investing by gaining general knowledge, and then other things.

You are exactly correct GIF-JOBS.  Getting started is important, and also continuing to learn is important.

Yet, at the same time, each person needs to figure out how much priority he gives to learning and improving, and to many of us, it would seem that the more that we invest (time, energy and value) into anything (whether bitcoin or anything else), then we would be (and should be) incentivized to learn about it and to improve our relationship with it.  We are likely only able to invest into bitcoin with aggressiveness if our cashflow management is in a good position and we are also relatively comfortable with our level of knowledge about bitcoin, and yeah, there are likely aspects of bitcoin that we may or may not learn or be able to learn, yet we can still figure out our level of comfort in order to help us with our ongoing position size, whether we are building our bitcoin holdings, maintaining our bitcoin holdings or perhaps getting to a point where we might be able to either live off of our bitcoin holdings or to supplement our other income sources with our bitcoin holdings.

A good research will give a person all the basic knowledge they need on how to go about bitcoin investment, its a long term investment and bitcoin as an asset is volatile, you can't just start investing in bitcoin and not expect the price to fluctuate, if you came into bitcoin for a long term journey and you understood that it was a volatile asset you wouldn't have panicked as much as you did, its not a get rich quick scheme and in the short term it might even sometimes look like you are losing but that's just bitcoin being volatile, as long as you are willing to hold and keep accumulating then you will be in s better chance of success, but you should also be aware that success isn't guaranteed and that's one of the reasons we invest with our discretionary income, its a risk management move.

As per starting to invest in bitcoin there is no need to be procrastinating with the idea of wanting to research before beginning to invest. The most important thing is to figure out if there is discretionary income to invest with and then you can start accumulating bitcoin using the available discretionary income. Whatever research you think is essential you can be doing it while going on with your bitcoin accumulation.

A bit of research can be necessary, you need to know to invest with your discretionary income you also need to know which investment strategy to use and also bitcoin's price can DIP right after your first buy so its also good for you to know that bitcoin is also volatile so you don't panic when this happens, its not much but it is necessary, with the addition of having common sense to know that getting rich quick isn't something someone should have in mind when investing in bitcoin.
You don't have to know everything and it will take a very small part of a day to figure these things out by simply employing your research skills.

Can't each person figure out the extent to which he needs to research further into anything? Why can't we just tell any normie newbie to get started as soon as  they are able to figure out that they have sufficient discretionary funds and the normie newbie should be able to figure out the details in regards to both whether he has sufficient discretionary funds and/or if he feels that he needs to look into any matters further before getting started?

If we have information that the person is lacking in common sense, such as he is immature or perhaps retarded, then maybe we might presume that the person is not going to exercise good judgement without some extra guidance, yet are we going to presume that normie newbie adults are immature, retarded or they have some other characteristic to show that they are lacking in common sense?  So, we shouldn't have to tell any normie newbie adult what he needs to do or not do (beyond reminding him to make sure that he has discretionary funds) in order to get started investing into bitcoin, and he can figure out whether he starts with $100, $10 or some other amount that might be more comfortable as a starting out amount.

Without evidence, why would we presume that any normie newbie adult is lacking in common sense and/or that they are not capable of determining the extent of their needing more information before getting started buying bitcoin?

[edited out

When starting an investment, we must know these things, so that we do not make the wrong decision at the first stage, for this we must first acquire general knowledge about Bitcoin.

Huh GIF-JOBS? 

I want to take back the smerit that I had sent from the content of your earlier post, since now you are contradicting your earlier post and suggesting that normie newbies need to know things about bitcoin in order to get started buying it.  Why?  Why can't the normie newbie just determine the extent to which he has discretionary funds and then get started from there.  Why, all of a sudden, you think that there is some kind of vague-ass "basic knowledge" requirement in order to get started?

We should not start completely ignorant
 

You are presuming normie newbies to be ignorant?  How the fuck do you know? 

I would rather presume that almost everyone, except perhaps a small minority, like 3%, already have knowledge, experience and skills, and they are starting from somewhere, including that they have common sense sufficient enough to figure out what they know and what they don't know so that they can determine the extent to which they need to know more before starting to buy bitcoin.

Sure, it is likely true that there are a decently large number of normie adults in the real world who have developed a lot of bad habits, who are wrongly influenced by wrong/bad information, and they have not been in the habit of practicing the common sense that they naturally have at their disposal, yet I am not going to presume that normie newbies cannot get their shit together enough in order to figure out how to get started buying bitcoin and to figure out the size of their starting amount, so long as they are able to determine that they have enough discretionary funds to get started.

Sure, if they are having difficulties figuring out whether or not they have discretionary funds, then that might be a sign that they need to spend some time figuring out their cashflow situation or maybe they have to work on their math skills (or learn some basic math), yet unless the normie newbie might be immature, retarded or otherwise lacking in common sense, they should be able to figure out the extent to which they can establish that they have enough discretionary funds to get started buying bitcoin, whether that is $100, $10 or some other amount.

, but rather acquire general knowledge and take ourselves to a normal level and then start investing,

Don't we already have general knowledge at the time that we heard about bitcoin?

There are all kinds of contexts in which a person might hear about bitcoin and start to consider whether or not to get started buying bitcoin.  You are going to presume that any particular person off the street does not have general knowledge at the time he starts to consider whether or not to start buying bitcoin?

then we will be able to avoid making unexpected wrong decisions, and at the same time we can continue to invest consistently to make ourselves more skilled and continue to research more, so that we can become more skilled.

Of course, we can continue to learn and become more skilled as we go, yet why can't we get started right away and determine the starting out amount as soon as we figure out that we have sufficient discretionary funds?

So to avoid making unnecessary wrong decisions,

Starting to buy bitcoin might be a wrong decision?  How?  Let's say that a normie newbie hears about bitcoin and considers whether or not to get started buying bitcoin.  He does a quick assessment of his cashflow situation, and he determines that he could easily buy $100 per week in bitcoin, and he glances at some bitcoin charts and maybe spends around 1 hour thinking about the matter, and he decides that since he hardly knows shit about bitcoin, he will start to invest $30 per week for the next 3-4 weeks, and then at that time (when he has further time come available), he will look further into the matter of bitcoin and also aspects of his cashflow.  So then maybe if he ends up buying $30 per week of bitcoin for around 4 weeks before he is able to look into the matter, he figures out that he had bought $120 worth of bitcoin during that time (even though he could have had easily afforded to buy $400), and at that time, after he looks into bitcoin further, he realizes that he does not want to invest into bitcoin, so at that time, he had put $120 into bitcoin, and maybe he could have had lost the whole $120, or maybe he figures out how to get it back... So accordingly what has he lost?  When he got into bitcoin, he already decided that he would buy $30 per week until a later date in which he could look into the matter further in the future when he has more time to dedicate towards looking into it further.  Did the guy do something wrong?  Did he make a wrong decision?

we must have general knowledge, then we should start investing and continue researching for more in-depth knowledge.

You are going to presume that normie newbies do not have general knowledge?  I would presume that most normie newbies have general knowledge rather than presuming that they do not .. but hey, whatever, presume what you like.

[edited out]

I think what someone needs is common sense to figure out if he has discretionary income and how much of his discretionary income he can use to buy bitcoin regularly every week. He also needs common sense to practice good financial management as he has started his investment so that he doesn't end up use the wrong amount of money for the wrong purpose.

One good thing about bitcoin is that, learning and investing is a continuous process so when you have started your bitcoin investment, you can learn about your income, and how to improve it, you can learn about bitcoin through ongoingly buying as that's what gives you the best experience and builds your confidence more. Just focus on buying consistently and persistently till you reach your bitcoin target.

Doesn't it seem that if a person (a normie newbie) is coming to bitcoin and thinking about buying some, then he can determine whether to start out with $100, $10 or some other amount, and he can also determine if he needs more information before he feels comfortable getting started.  Sure, if he had already determined that he has sufficient discretionary funds in order to get started, then he can decide if he is ready to get started and if he puts in an amount of money  based on his then current knowledge level then he could end up losing all of that money, so then he might consider to adjust the amount to a level that is comfortable, or maybe he would decide to wait until he is comfortable with the amount that he had thought about buying.

Let's say that the normie newbie has a conversation with a good friend, and the friend tells him to get started buying bitcoin and to go through Binance to get started.   The normie newbie trusts the friend, so he could just get started based on the friend's recommendation, or maybe the normie newbie goes to Binance and he creates an account and he looks through some of the beginner information pieces about bitcoin, and perhaps red flags might come up and maybe any red flags might not be sufficient to dissuade him from getting started in line with his friend's recommendation.  Accordingly, after the normie newbie had created the Binance account, then he sees that he has an ability to buy, and so the normie newbie does a quickie look through his cashflow situation, and he determines that he could easily buy about $100 per week of bitcoin, yet he determines since he does not know anything meaningful about bitcoin, except his friend's recommendation, he decides to set up automatic buys that would amount to $30 per week, and then he would plan to tentatively come back to the matter in 3 or 4 weeks to look further into bitcoin and also to look further into his cashflow situation and his expected future cashflow situation.   Has this guy done anything wrong or anything that is going to really harm him if he already determined that he could buy $400 worth of bitcoin over 4 weeks, yet he decided to just buy $120 over those 4 weeks and then to reassess the situation?

[edited out]

This is the very reason why a lot of potential investors often miss out on potential investment opportunities, simply because they feel they don't really know too much to get started in bitcoin investment. But what they fail to realize is that one doesn't really need to know much to get started, especially as a newbie, as long as you have basic math skills, and just like you earlier pointed out, is able to figure out their disposal or discretionary income, then they are pretty much good to go. And maybe with time, they can do some evaluation and any necessary adjustments too.

Newbies to bitcoin should be able to adjust their starting out size and to figure out the extent to which they feel that they need to investigate further, and surely it seems that the more that any of us invests into bitcoin, then we would be and should be motivated into looking further into both the investment and also how our cashflows are affected by buying the investment (in this case bitcoin) on a weekly basis or whatever might be our chosen buying time-increment.

It seems to me, also, that the more that we invest, then the more motivated we should become to make sure that we are not buying beyond our comfort zone.  I personally believe that giving priority to bitcoin is important, yet each person has to figure out his own level of priority, and surely the more aggressive that anyone chooses to be in their bitcoin investment, then the more likely the more organized they need to be in their finances in order to be able to achieve such aggressiveness without screwing things up... so yeah, even after we get started buying bitcoin, each of us chooses our level of aggressiveness or whimpiness, and if we choose to be whimpy, we might not need to research closely as much into bitcoin as compared with someone who chooses to invest aggressively.

[ejikeme24]

Getting started is important, and also continuing to learn is important.

Yet, at the same time, each person needs to figure out how much priority he gives to learning and improving, and to many of us, it would seem that the more that we invest (time, energy and value) into anything (whether bitcoin or anything else), then we would be (and should be) incentivized to learn about it and to improve our relationship with it.  We are likely only able to invest into bitcoin with aggressiveness if our cashflow management is in a good position and we are also relatively comfortable with our level of knowledge about bitcoin, and yeah, there are likely aspects of bitcoin that we may or may not learn or be able to learn, yet we can still figure out our level of comfort in order to help us with our ongoing position size, whether we are building our bitcoin holdings, maintaining our bitcoin holdings or perhaps getting to a point where we might be able to either live off of our bitcoin holdings or to supplement our other income sources with our bitcoin holdings.

This is true, naturally investment seems very hard/ stressful from the very  beginning, but by the time we get deeper into the investment then it becomes very easy,  and sometimes guys might decide to make some adjustment as they will want to accumulate more that's after they must have achieve their target. that is the power of getting started because if we are waiting to get enough discretionary before getting started we might not even invest when we have enough discretionary income because the fear will still be there, that is why starting small is the best because as we are investing little by little that's how we are gradually killing those far by the time we start getting enough discretionary income then we must have deal with the far.

[Crytohillss]

As per starting to invest in bitcoin there is no need to be procrastinating with the idea of wanting to research before beginning to invest. The most important thing is to figure out if there is discretionary income to invest with and then you can start accumulating bitcoin using the available discretionary income. Whatever research you think is essential you can be doing it while going on with your bitcoin accumulation.

Yes, we do not need to do a deep research on all the things about Bitcoin before we start investing, but rather we should do research after investing. First, we have to start investing by gaining general knowledge, and after keeping the investment going, we can go as deep as we want. But of course, we have to start investing first. for start Investment, we should not be delayed unnecessarily, delaying investment is the biggest wrong decision. So first, we have to understand this general thing and first of all, and then we have to start investing by gaining general knowledge, and then other things.

You are exactly correct GIF-JOBS.  Getting started is important, and also continuing to learn is important.

Yet, at the same time, each person needs to figure out how much priority he gives to learning and improving, and to many of us, it would seem that the more that we invest (time, energy and value) into anything (whether bitcoin or anything else), then we would be (and should be) incentivized to learn about it and to improve our relationship with it.  We are likely only able to invest into bitcoin with aggressiveness if our cashflow management is in a good position and we are also relatively comfortable with our level of knowledge about bitcoin, and yeah, there are likely aspects of bitcoin that we may or may not learn or be able to learn, yet we can still figure out our level of comfort in order to help us with our ongoing position size, whether we are building our bitcoin holdings, maintaining our bitcoin holdings or perhaps getting to a point where we might be able to either live off of our bitcoin holdings or to supplement our other income sources with our bitcoin holdings.

A good research will give a person all the basic knowledge they need on how to go about bitcoin investment, its a long term investment and bitcoin as an asset is volatile, you can't just start investing in bitcoin and not expect the price to fluctuate, if you came into bitcoin for a long term journey and you understood that it was a volatile asset you wouldn't have panicked as much as you did, its not a get rich quick scheme and in the short term it might even sometimes look like you are losing but that's just bitcoin being volatile, as long as you are willing to hold and keep accumulating then you will be in s better chance of success, but you should also be aware that success isn't guaranteed and that's one of the reasons we invest with our discretionary income, its a risk management move.

As per starting to invest in bitcoin there is no need to be procrastinating with the idea of wanting to research before beginning to invest. The most important thing is to figure out if there is discretionary income to invest with and then you can start accumulating bitcoin using the available discretionary income. Whatever research you think is essential you can be doing it while going on with your bitcoin accumulation.

A bit of research can be necessary, you need to know to invest with your discretionary income you also need to know which investment strategy to use and also bitcoin's price can DIP right after your first buy so its also good for you to know that bitcoin is also volatile so you don't panic when this happens, its not much but it is necessary, with the addition of having common sense to know that getting rich quick isn't something someone should have in mind when investing in bitcoin.
You don't have to know everything and it will take a very small part of a day to figure these things out by simply employing your research skills.

Can't each person figure out the extent to which he needs to research further into anything? Why can't we just tell any normie newbie to get started as soon as  they are able to figure out that they have sufficient discretionary funds and the normie newbie should be able to figure out the details in regards to both whether he has sufficient discretionary funds and/or if he feels that he needs to look into any matters further before getting started?

If we have information that the person is lacking in common sense, such as he is immature or perhaps retarded, then maybe we might presume that the person is not going to exercise good judgement without some extra guidance, yet are we going to presume that normie newbie adults are immature, retarded or they have some other characteristic to show that they are lacking in common sense?  So, we shouldn't have to tell any normie newbie adult what he needs to do or not do (beyond reminding him to make sure that he has discretionary funds) in order to get started investing into bitcoin, and he can figure out whether he starts with $100, $10 or some other amount that might be more comfortable as a starting out amount.

Without evidence, why would we presume that any normie newbie adult is lacking in common sense and/or that they are not capable of determining the extent of their needing more information before getting started buying bitcoin?

[edited out

When starting an investment, we must know these things, so that we do not make the wrong decision at the first stage, for this we must first acquire general knowledge about Bitcoin.

Huh GIF-JOBS? 

I want to take back the smerit that I had sent from the content of your earlier post, since now you are contradicting your earlier post and suggesting that normie newbies need to know things about bitcoin in order to get started buying it.  Why?  Why can't the normie newbie just determine the extent to which he has discretionary funds and then get started from there.  Why, all of a sudden, you think that there is some kind of vague-ass "basic knowledge" requirement in order to get started?

We should not start completely ignorant
 

You are presuming normie newbies to be ignorant?  How the fuck do you know? 

I would rather presume that almost everyone, except perhaps a small minority, like 3%, already have knowledge, experience and skills, and they are starting from somewhere, including that they have common sense sufficient enough to figure out what they know and what they don't know so that they can determine the extent to which they need to know more before starting to buy bitcoin.

Sure, it is likely true that there are a decently large number of normie adults in the real world who have developed a lot of bad habits, who are wrongly influenced by wrong/bad information, and they have not been in the habit of practicing the common sense that they naturally have at their disposal, yet I am not going to presume that normie newbies cannot get their shit together enough in order to figure out how to get started buying bitcoin and to figure out the size of their starting amount, so long as they are able to determine that they have enough discretionary funds to get started.

Sure, if they are having difficulties figuring out whether or not they have discretionary funds, then that might be a sign that they need to spend some time figuring out their cashflow situation or maybe they have to work on their math skills (or learn some basic math), yet unless the normie newbie might be immature, retarded or otherwise lacking in common sense, they should be able to figure out the extent to which they can establish that they have enough discretionary funds to get started buying bitcoin, whether that is $100, $10 or some other amount.

, but rather acquire general knowledge and take ourselves to a normal level and then start investing,

Don't we already have general knowledge at the time that we heard about bitcoin?

There are all kinds of contexts in which a person might hear about bitcoin and start to consider whether or not to get started buying bitcoin.  You are going to presume that any particular person off the street does not have general knowledge at the time he starts to consider whether or not to start buying bitcoin?

then we will be able to avoid making unexpected wrong decisions, and at the same time we can continue to invest consistently to make ourselves more skilled and continue to research more, so that we can become more skilled.

Of course, we can continue to learn and become more skilled as we go, yet why can't we get started right away and determine the starting out amount as soon as we figure out that we have sufficient discretionary funds?

So to avoid making unnecessary wrong decisions,

Starting to buy bitcoin might be a wrong decision?  How?  Let's say that a normie newbie hears about bitcoin and considers whether or not to get started buying bitcoin.  He does a quick assessment of his cashflow situation, and he determines that he could easily buy $100 per week in bitcoin, and he glances at some bitcoin charts and maybe spends around 1 hour thinking about the matter, and he decides that since he hardly knows shit about bitcoin, he will start to invest $30 per week for the next 3-4 weeks, and then at that time (when he has further time come available), he will look further into the matter of bitcoin and also aspects of his cashflow.  So then maybe if he ends up buying $30 per week of bitcoin for around 4 weeks before he is able to look into the matter, he figures out that he had bought $120 worth of bitcoin during that time (even though he could have had easily afforded to buy $400), and at that time, after he looks into bitcoin further, he realizes that he does not want to invest into bitcoin, so at that time, he had put $120 into bitcoin, and maybe he could have had lost the whole $120, or maybe he figures out how to get it back... So accordingly what has he lost?  When he got into bitcoin, he already decided that he would buy $30 per week until a later date in which he could look into the matter further in the future when he has more time to dedicate towards looking into it further.  Did the guy do something wrong?  Did he make a wrong decision?

we must have general knowledge, then we should start investing and continue researching for more in-depth knowledge.

You are going to presume that normie newbies do not have general knowledge?  I would presume that most normie newbies have general knowledge rather than presuming that they do not .. but hey, whatever, presume what you like.

[edited out]

I think what someone needs is common sense to figure out if he has discretionary income and how much of his discretionary income he can use to buy bitcoin regularly every week. He also needs common sense to practice good financial management as he has started his investment so that he doesn't end up use the wrong amount of money for the wrong purpose.

One good thing about bitcoin is that, learning and investing is a continuous process so when you have started your bitcoin investment, you can learn about your income, and how to improve it, you can learn about bitcoin through ongoingly buying as that's what gives you the best experience and builds your confidence more. Just focus on buying consistently and persistently till you reach your bitcoin target.

Doesn't it seem that if a person (a normie newbie) is coming to bitcoin and thinking about buying some, then he can determine whether to start out with $100, $10 or some other amount, and he can also determine if he needs more information before he feels comfortable getting started.  Sure, if he had already determined that he has sufficient discretionary funds in order to get started, then he can decide if he is ready to get started and if he puts in an amount of money  based on his then current knowledge level then he could end up losing all of that money, so then he might consider to adjust the amount to a level that is comfortable, or maybe he would decide to wait until he is comfortable with the amount that he had thought about buying.

Let's say that the normie newbie has a conversation with a good friend, and the friend tells him to get started buying bitcoin and to go through Binance to get started.   The normie newbie trusts the friend, so he could just get started based on the friend's recommendation, or maybe the normie newbie goes to Binance and he creates an account and he looks through some of the beginner information pieces about bitcoin, and perhaps red flags might come up and maybe any red flags might not be sufficient to dissuade him from getting started in line with his friend's recommendation.  Accordingly, after the normie newbie had created the Binance account, then he sees that he has an ability to buy, and so the normie newbie does a quickie look through his cashflow situation, and he determines that he could easily buy about $100 per week of bitcoin, yet he determines since he does not know anything meaningful about bitcoin, except his friend's recommendation, he decides to set up automatic buys that would amount to $30 per week, and then he would plan to tentatively come back to the matter in 3 or 4 weeks to look further into bitcoin and also to look further into his cashflow situation and his expected future cashflow situation.   Has this guy done anything wrong or anything that is going to really harm him if he already determined that he could buy $400 worth of bitcoin over 4 weeks, yet he decided to just buy $120 over those 4 weeks and then to reassess the situation?

[edited out]

This is the very reason why a lot of potential investors often miss out on potential investment opportunities, simply because they feel they don't really know too much to get started in bitcoin investment. But what they fail to realize is that one doesn't really need to know much to get started, especially as a newbie, as long as you have basic math skills, and just like you earlier pointed out, is able to figure out their disposal or discretionary income, then they are pretty much good to go. And maybe with time, they can do some evaluation and any necessary adjustments too.

Newbies to bitcoin should be able to adjust their starting out size and to figure out the extent to which they feel that they need to investigate further, and surely it seems that the more that any of us invests into bitcoin, then we would be and should be motivated into looking further into both the investment and also how our cashflows are affected by buying the investment (in this case bitcoin) on a weekly basis or whatever might be our chosen buying time-increment.

It seems to me, also, that the more that we invest, then the more motivated we should become to make sure that we are not buying beyond our comfort zone.  I personally believe that giving priority to bitcoin is important, yet each person has to figure out his own level of priority, and surely the more aggressive that anyone chooses to be in their bitcoin investment, then the more likely the more organized they need to be in their finances in order to be able to achieve such aggressiveness without screwing things up... so yeah, even after we get started buying bitcoin, each of us chooses our level of aggressiveness or whimpiness, and if we choose to be whimpy, we might not need to research closely as much into bitcoin as compared with someone who chooses to invest aggressively.

[Crytohillss]

As per starting to invest in bitcoin there is no need to be procrastinating with the idea of wanting to research before beginning to invest. The most important thing is to figure out if there is discretionary income to invest with and then you can start accumulating bitcoin using the available discretionary income. Whatever research you think is essential you can be doing it while going on with your bitcoin accumulation.

Conviction usually grows up with understanding the more time individuals spend studying about Bitcoin and managing their finances properly the morebof confidence and international their decision become it's not just about purchasing and looking for the best , it's about building enough knowledge and stability to handle the up and down without panicking. But having long term mindset and continuously improving your understanding definitely changes The relationship You have with your investment.

[Tongley]

As per starting to invest in bitcoin there is no need to be procrastinating with the idea of wanting to research before beginning to invest. The most important thing is to figure out if there is discretionary income to invest with and then you can start accumulating bitcoin using the available discretionary income. Whatever research you think is essential you can be doing it while going on with your bitcoin accumulation.

Conviction usually grows up with understanding the more time individuals spend studying about Bitcoin and managing their finances properly the morebof confidence and international their decision become it's not just about purchasing and looking for the best , it's about building enough knowledge and stability to handle the up and down without panicking. But having long term mindset and continuously improving your understanding definitely changes The relationship You have with your investment.

Usually, a person needs to start investing after gaining discretionary income. Yes, you are right that by gaining knowledge and studying Bitcoin, their decisions become more confident and international, but we learn both the good and bad sides while gaining knowledge, if a person sees the bad sides, he can get distracted from investing. So in the first place, a person needs to start investing and after starting investing, they can continue their investment and gaining knowledge in parallel.

The Bitcoin market is very volatile. If a new person gets distracted from investing while getting an idea about the volatility of the Bitcoin market or one of the main reasons for not starting investing is waiting for knowledge to be gained before investing. If we are willing to invest and if we have a source of discretionary income and whether the discretionary income is $10 or $100, your investment, starting is the main thing.

[gracreavix]

If those people had waited to learn well and get the right information about Bitcoin, they would hardly make a wrong decision.When I started my Bitcoin investment, assuming I did not learn some level and gather some kind of knowledge from experienced people around me, by now I might not be into Bitcoin investment. But I learned what I was supposed to learn; that is why I am still accumulating Bitcoin till now.

I agree with you that knowledge is important in our Bitcoin investments. Newbie shouldn't consume any type of Info they see , at least they should still make some research. We are in a digitalized world so any type of things we want to learn is on the Internet. What I don't really agree with you on is this part where you talk about people should wait and learn well about Bitcoin before they invest. It will take you time before you learn a lot of information about Bitcoin. Instead of waiting to learn, it's better to just understand some simple basics on how to buy and store in your wallet, figure out your discretionary income and you are good to go. So you can now learn more as you are investing, and the best way to get more knowledge and experience is when you actually start small. When you start small with your DCA method you will remove the pressure of panicking to sell during market uncertainty. From there you will build the habit of discipline, self control and surely mistakes will occur and every mistake is to learn from.

Na just the thing be that. If person dey wait to learn everything about Bitcoin before investing, e fit take forever before the person start. The important thing na to understand the basic things first like how to buy safely, store am well and invest with discretionary income.
As the person dey invest small small through DCA, experience and knowledge go still dey come naturally with time. Most people even learn better when dem don enter the market already.