KNOWLEDGE BEFORE WEALTH: AN IDEAL AIM OF EVERY BITCOIN MARKET BEGINNER

[Rustam Meraj]

Beginner would be told to treat Bitcoin like classroom and not way to get rich in short time, since by focusing on learning capital, one can create base that would make them successful in long term. It has been shown that people who spend money that they need on other important things such as rent have four times higher chances of scared selling assets when market is falling which results in bad decision making and heavy emotional stress.

Instead of making huge bets, experts suggest to use small amount way based on small, mostly investments to understand how market works without hurting your mental health or even your life. By treating your first year as training time with goal of learning how to be security pro and how market works, you will avoid effects of sadness and tiredness as you slowly learn how to be patient and skillful driver to make Bitcoin real lifting hand in your future.

[SeriouslyGiveaway]

Beginner would be told to treat Bitcoin like classroom and not way to get rich in short time, since by focusing on learning capital, one can create base that would make them successful in long term. It has been shown that people who spend money that they need on other important things such as rent have four times higher chances of scared selling assets when market is falling which results in bad decision making and heavy emotional stress.

Showing them some resources for widening their view from short term to long term, then hopefully their mindset and practice will be changed and become better.

Bitcoin yearly candlestick chart.
Bitcoin profitable days chart.
Bitcoin & Traditional assets ROI (vs USD).

These above resources show how good Bitcoin ROI in past years which made many long term investors and holders richer a lot, and if we can invest, hold bitcoin a long term, we will have high probability of getting considerable profit with high ROI.

[Bitcoin_people]

Bitcoin has become a very valuable asset in the present time and people come here to increase their money. We know that most people nowadays want to get rich quickly but this is unusual because nothing is good quickly so it is not possible to make quick profits by investing in Bitcoin. Rather, if you want to invest in Bitcoin, you have to hold it for a long time then it will become valuable and you can improve financially. However, before we invest, we must learn about Bitcoin because without experience and knowledge, it is not possible to profit from anything. In that case, you need to be skilled and learn good analysis about the Bitcoin market so that you do not face losses in terms of investment and trading. If you have a good idea about investment and can make a good plan, it will be possible to succeed and get good value. If you want to make a profit from investment, you should always learn something good, and Bitcoin investment should be aimed at a long-term period that is ready to give profit.

[EluguHcman]

Howbeit, as one who is just introduced to the market, it's better you focus more on learning than taking deep risk. Although, we learn from the mistakes from our risk, we should learn how to make reasonable risk. As one who's new in the market and broke, you have no business investing all you have. It will only make you regret getting into the market.

I guess every risks are reasonable to them that takes the risk though not all are worth it.
The Bitcoin market is full of risks due to uncertainty of volatility and psychological sentiments of investors and traders who either are of greeds or impatient.

There are certainly some convinceable opportunities one would sight in the Bitcoin market but are not truly what it showcases, such scenario should be foreseen as a temptation because after analysing the market derived from other factors, you are definitely going to key into it believing you are just one easy to ride to the moon but as you may indulge in it, you are probably going to get different results.

That is just a side of the risk of those who comes into Bitcoin trading with the objective of getting quick rich.

[Finestream]

Invest in yourself first before you decide to invest in bitcoin, that way you will definitely lessen the risk from committing mistakes and losses while you're in the process of working your investment.

Gaining wealth is important, but we all know it's impossible to achieve wealth if you are still clueless of your plans and goals. So acquire those crucial information and insights first, and creating wealth will be easier to achieve then.

[Rockstarguy]

Howbeit, as one who is just introduced to the market, it's better you focus more on learning than taking deep risk. Although, we learn from the mistakes from our risk, we should learn how to make reasonable risk. As one who's new in the market and broke, you have no business investing all you have. It will only make you regret getting into the market.

Knowledge is the principal thing in Bitcoin, and if you don't have this knowledge and are just rushing into it to make a profit, there will be lots of costly mistakes made. The only way to put an end to this is to acquire knowledge.

It is not as if having knowledge will eliminate all forms of mistakes, but it won't be like the mistakes that occur when there is no knowledge of Bitcoin. However, many people think they can cope very well without having knowledge, and because of the urge to make quick profits, they rush into the market, thinking it is something anyone can enter and make a profit from.

[BlackHatCoiner]

The steps into bitcoin:

• Read how it works: learnmeabitcoin.com, download a bitcoin client (Bitcoin Core), download a wallet (Electrum), play with it, see how it feels like.
• Learn what is money: The Bitcoin standard, the Fiat standard, bitcoin podcasts on YouTube.
• Realize you're living in a mass psychosis where infinite money printing is "responsible monetary policy" and questioning it makes you the crazy one.
• Eat meat, see sun, lift weighs, and stack sats to save your bloodline.

[uche6215]

Understanding the basics and the factors around bitcoin before investing in it is good because no businessman would just jumped onto a business he doesn't have a knowledge about and if he does that, he would lost funds and will be a poor planning. There are things to know before investing. Wallets. Not all the wallets are good for long term investment, exchanges, he has to know some of the exchanges and when to buy and where to buy.
 

[serjent05]

It is really important to gain knowledge about anything we want to invest in.  With knowledge, we are able to make a sound decision whenever there is a problem that needs an immediate decision.  Aside from that, having knowledge will also let us design strategies and pinpoint important factors that will greatly help us to strengthen our skills.

With knowledge, wealth comes easily.  It can be seen in Bitcoin holders' reaction where people with little knowledge about Bitcoin price history easily panic sell when a small crash happens, and those who have knowledge about the volatility of Bitcoin stay calm and confident despite the Bitcoin dump happening.

[DeeppRockk]

It is really important to gain knowledge about anything we want to invest in.  With knowledge, we are able to make a sound decision whenever there is a problem that needs an immediate decision.  Aside from that, having knowledge will also let us design strategies and pinpoint important factors that will greatly help us to strengthen our skills.

With knowledge, wealth comes easily.  It can be seen in Bitcoin holders' reaction where people with little knowledge about Bitcoin price history easily panic sell when a small crash happens, and those who have knowledge about the volatility of Bitcoin stay calm and confident despite the Bitcoin dump happening.

You're right about knowledge being key.
I see so many people dive into Bitcoin without understanding how volatile it can be or even basic security practices. Learning market cycles and how to hold your own keys isn't just damage control-it builds real confidence. The 2017 frenzy showed how hype can blind investors; those who studied fundamentals weathered the crash better.

Keep educating yourself, but start small.
Never risk more than you're comfortable losing.

Real wealth comes from patience, not chasing trends

[Stepstowealth]

Your aim should not be profit but to learn as a beginner.

Only a few number of beginners are able to focus on learning first before trying to earn, this is mostly because some of them come into cryptocurrency with the concept that they are going to get rich quickly from it and because of that they cannot commit to the process of trying to learn first because it is time consuming. Also for learning, I think it is also possible for a beginner to put their time to learning the wrong things or the unimportant things in cryptocurrency or even in the Bitcoin, This is why it is important for a beginner to know exactly the important areas to focus on and learn to give them a better foundation in Bitcoin, and one of such areas that every beginner in the crypto market that loves Bitcoin should focus on learning is security.

[Achalugo BTC]

Bitcoin has become a very valuable asset in the present time and people come here to increase their money. We know that most people nowadays want to get rich quickly but this is unusual because nothing is good quickly so it is not possible to make quick profits by investing in Bitcoin. Rather, if you want to invest in Bitcoin, you have to hold it for a long time then it will become valuable and you can improve financially. However, before we invest, we must learn about Bitcoin because without experience and knowledge, it is not possible to profit from anything. In that case, you need to be skilled and learn good analysis about the Bitcoin market so that you do not face losses in terms of investment and trading. If you have a good idea about investment and can make a good plan, it will be possible to succeed and get good value. If you want to make a profit from investment, you should always learn something good, and Bitcoin investment should be aimed at a long-term period that is ready to give profit.

You are absolutely right, Bitcoin valuablity has made things easier and faster for people, but its essential to know that investing in Bitcoin is not a quick thing but takes patience, determination, knowledge and understanding for one to be more profitable in their investment.
So, its essential they make all the necessary considerations or adjustments, in order to achieve something beneficial from it and also be able to acquire more knowledge, which will got them to get more experience from it, which will bring better outcomes to them and to those around them as well.

[alastantiger]

I totally understand that people who go into the Bitcoin market are those that seek to make better their financial life. It's not a bad reason, especially in a world where bills are increasing always and our needs insatiable. There is no doubt that bitcoin market provide jucy opportunities and have taken alot of the human race from financial struggles.

Howbeit, as one who is just introduced to the market, it's better you focus more on learning than taking deep risk. Although, we learn from the mistakes from our risk, we should learn how to make reasonable risk. As one who's new in the market and broke, you have no business investing all you have. It will only make you regret getting into the market.

Your focus should be dedication of your time towards being acquainted with the market. Learn gradually and grow with your gradual mistakes. Yes, you can't learn better without investing but learn to invest a little- making huge as beginner will lead you to unthinkable depression.

Your aim should not be profit but to learn as a beginner.

I agree with you, acquiring knowledge should always be the first step in anything business before investing, not just Bitcoin actually. It is very easy to want immediate result as you start investing which is what most people look for when they hear Bitcoin investment but just like you said they main focus especially as a beginner should be to learn th basic, and understand how your money if held will work for you overtime. Trying to learn after you already investing is very extreme sport because there is no safety net once you lose your assets it is gone so prioritize getting knowledge first.

This is the same advice anyone will give you actually, anyone who has good for you in mind will always advice you to learn first, you really cannot just put money and not know how that money will in turn be beneficial to you and also in the process of learning you get to build up conviction which is very important for you to truly hold Bitcoin. So you can see how the learning process cannot be ignored, either you learn before you invest or after losing you then learn from experience either way the learning process must happen and again, this is not just for Bitcoin alone, any business at all, always strive for knowledge first.

[N9_Ninja]

I think the biggest thing to remember is that real usage and casual privacy concerns are two different conversations. A lot of people joined crypto chasing anonymity, but over time most of us realize that total anonymity isn’t very practical or even safe for everyday users. What the community is talking about now tends to be more about protecting your data from unnecessary exposure — like not having your entire transaction history visible to every node or explorer, and being mindful of what you share publicly.

The focus has shifted toward sensible privacy practices — good wallet hygiene, selective address reuse, and understanding what information you’re broadcasting on-chain. Full-on anonymizing tools still exist, but for most people the more relevant discussion is how to make your on-chain behavior less of an open book without turning crypto into a cloak-and-dagger game.

[death69]

You know what Bitcoin is when your stack starts dropping 30% in seven days and you are wondering whether to panic-sell or not. That's the education. Everything else is theory.

Asking people to invest a little is slightly more terrible than asking people to go all-in, since it creates an illusion of there being a safe amount of poverty to bet with. There isn't. And, in fact, when you are broke, then you should not be in Bitcoin. You need to start with fixing your income problem. However, when you are going to ignore that piece of advice (and you will, as the state of desperation is not going to wait till you are financially literate), at least be frank about it.

Risk is only reasonable in hindsight. What is deemed safe today may be unsafe tomorrow, depending on the market action. We think that we can manage this better by studying more but Bitcoin does not care how many hours you spent on this forum. It shifts according to liquidity, leverage and macro conditions that are unpredictable.

There is a desire to guard beginners against themselves. However, perhaps the true moral is easier to understand: do not bet the money, if you would be destroyed by it. When you can afford to lose it and require the education that the exposure would provide, okay. But quit lying there exists a curriculum that avoids pain. There isn't.

Then, again, perhaps, it is only that I am bitter over my own mistakes and projecting. Hard to say.

[DiMarxist]

We can't learn everything at once so it's expected that, you learn while still investing this is because humans learn better with experience and we can't get that needed experience when we don't investment. So it's expected that as you are learning you should be investing as this will expose you to the Market.No body should wait until he he or she has gotten everything right before thinking about investing because this is not a very good idea as we learn every in the Bitcoin market there's no body that has known everything as far as am concerned.

[Cgrexp]

It is beneficial for new investors to buy a certain amount every week, especially when they are setting up a partnership for the first time. It is good to know some of the basics of investing at the beginning, but learning along with investing is better than learning theoretically in my opinion. Newbies should invest small amounts at first until they feel comfortable understanding the different aspects of Bitcoin. Also, weekly investments may not always be possible due to the cash flow and other competing factors in life for beginners.

[Hatchy]

Your aim should not be profit but to learn as a beginner.

The mistake that every new investors make is investing in the wrong thing at first. Knowledge is a very vital thing that's needed to strive in the crypto space or any other form of investment. But a lot of people ignores it a lot and think that it's unnecessary that's why they keep failing and in a short time of experience they begin to have thoughts about quitting. A reasonable individual should put more efforts into gaining sound or even the least knowledge about the market before embarking on his journey that way he's elites on Various aspects that's important..

[Furball808]

It is really important to gain knowledge about anything we want to invest in.  With knowledge, we are able to make a sound decision whenever there is a problem that needs an immediate decision.  Aside from that, having knowledge will also let us design strategies and pinpoint important factors that will greatly help us to strengthen our skills.

With knowledge, wealth comes easily.  It can be seen in Bitcoin holders' reaction where people with little knowledge about Bitcoin price history easily panic sell when a small crash happens, and those who have knowledge about the volatility of Bitcoin stay calm and confident despite the Bitcoin dump happening.

You're right about knowledge being key.
I see so many people dive into Bitcoin without understanding how volatile it can be or even basic security practices. Learning market cycles and how to hold your own keys isn't just damage control-it builds real confidence. The 2017 frenzy showed how hype can blind investors; those who studied fundamentals weathered the crash better.

Keep educating yourself, but start small.
Never risk more than you're comfortable losing.

Real wealth comes from patience, not chasing trends

Those people were obviously in it for the money and they want it fast. But in the end, they only end up losing more than gaining anything because they panic over every little thing not knowing it’s natural to bitcoin.