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I think both sides are emphasizing different stages of the same journey. Getting started is important because experience teaches lessons that theory alone cannot. At the same time, a beginner should not mistake start now for start blindly.
Before buying Bitcoin, knowing the basics,like
why Bitcoin exists, its volatility, self-custody, and only investing discretionary income helps prevent avoidable mistakes. You don't need expert-level knowledge, but you should understand enough to make an informed decision.After that, learning and accumulating can happen simultaneously. In my view, investment and education should complement each other, not compete. Starting with a small DCA while continuously learning strikes a balance between avoiding analysis paralysis and avoiding unnecessary mistakes.
There is value in starting out slowly and learning as you go, but there is no need to know why bitcoin exists, its volatility and/or self custody, before starting, since those can be learned as you go, and also if you don't know those things, the beginner can choose to start out with buying $30 in bitcoin rather than $100. It is his choice, and he does not have to learn the things that you mentioned as long as he determines that he has discretionary funds, he can get started buying bitcoin, adjust his starting position to his comfort level and study as he goes.
I completely understand now,I presumed it's important you have those knowledge before you start because knowing those things I listed don't necessarily have to take time(could be between few hours)
How do you know how much time it takes for someone to learn any particular thing and become comfortable with the thing that they learn.
In the end, we have individual human judgement, and they should be able to make determinations in regards to what they know or do not know and the extent to which their knowledge or lack of knowledge needs to be taken into account in regards to whether or not they start buying bitcoin and how much bitcoin they end up choosing to buy in their first purchase.
, just information that could guild the chioces you'll make before you start
You are making up categories that are not needed and the person can decide if they need to know that or not, and for example, if they look at the bitcoin price chart and they spend 2 minutes looking at it, then they can determine if they sufficiently understand the volatility or not, and maybe if they are concerned about how volatile it might be, then they might choose to put an amount of money into bitcoin that they can afford to lose so that they are not overly attached to whether the BTC price goes up, down or sideways within the timeline that they are learning more about bitcoin and before they decide to make their next BTC purchase, whether that is weekly or within some other period of time.
and as you go through bitcoin investment but it's obvious discretionary income is very important at the point to start up.
Of course, there is a need to use discretionary money, and discretionary money means that they can use that money for whatever they want including but not limited to burning it in a trashcan. Discretionary means they have choices of how to use the money.
Many times we talk about discretionary funds in terms of their being able to be used to invest, save or discretionarily consume. If a person knows that he has $100 in discretionary funds every week, he could decide to put $33.33 in each of the three categories or he could choose some other allocation. It is up to him.
