Can someone who doesn't know anything about bitcoin invest in bitcoin?

[Lembo69]

A new investor can start investing even if he does not know much about Bitcoin. He just has to decide to start. After starting investing, he can gradually learn the necessary basics.

However, if someone wants to invest a large amount of money, it is important to know some things in advance. For example, it is necessary to have a good idea about how the market rises and falls, how scams work, and how to stay safe.

It is best to invest in small amounts in the beginning. It has low risk and also provides an opportunity to learn. After investing, an investor usually becomes interested in learning on his own.

In my opinion, if someone knows the basic concept of Bitcoin before investing, then it is possible to start investing, especially if the goal is long-term investment.

You need to know as much as you need to know to invest. There is no need to know anything too complicated at the beginning. In my personal opinion, anyone who has the mindset to invest can gradually learn everything about Bitcoin even after starting investing.

[Wolf of One Street]

In some business one can even manage to start without having understanding but im bitcoin it is very risky to invest Bitcoin without having understanding of bitcoin.  Bitcoin is a volatile asset and when you dont have the understanding of bitcoin you wont be able to watch your bitcoin seeing the price of Bitcoin going down and your bitcoin is going down along. Understanding is everything in bitcoin,  it makes one to remain patient, even when the market is going down.  Understanding makes one to know bitcoin is a long-term investment but when that understanding is not their your would just think bitcoin is very quick to make profit.

I dey tell you. Imagine sey the person no get any understanding and him come invest for Bitcoin let's say about 500k naira when bitcoin dey $90k and due to market trends and it's volatile nature in come drop to $60k, and the person no know how this thing dey work and when e check balance come see sey yin investment don drop value and from there come dey para say this and that. Especially when e come be impatient and get rich quick person,  e no go ever gree you rest and e fit cause problem for una two.

[Alonso_]

In any business you are venturing into, learn about the business first before your invest in the business for your to be able to avoid loss of capital. This also applies to investment and investing in bitcoin if I should be specific.

There are hackers and scammers that are waiting to steal coins from such a person. It is better you learn everything necessary before investing in bitcoin.

I don’t even understand how someone who doesn’t know anything about bitcoin would Invest in bitcoin, obviously there are people who haven’t heard anything about bitcoin my question is would be how would they then invest in something they know nothing about, so how are they getting started, the reality of life is that whatever business that you’re venturing into you have to know something about that business, else you’re doomed for failure, however if you are investing in Bitcoin, then you will definitely require a basic knowledge and understanding about Bitcoin before you can get started, likewise the same thing is applicable to other businesses that someone would like to engage into as well, Knowledge is important in everything that you’re doing.

[HajiBagi]

Generally,it is very important that when ever someone wants to invest in any kind of business either crypto,or personal business, you need to have an idea of what you want to invest in...

In management,there is something we call market survey...what does that mean?it simply means trying to have an idea of the particular business you want to go into.....and that includes finding out if a particular product will sell in a particular area...it also includes finding out what your competitors are doing to remain in business...
The reason for doing all these things is to know if can survive if you eventually starts the business.

Now that it is clear that one needs to have an idea of the business he or she wants to invest in, that's why l keep asking if someone can invest in bitcoin even when you don't have an idea of how it works?

The question look somehow to me, because how can someone who don’t know anything about bitcoin invest in bitcoin? Can you start a business you know nothing about? It is impossible for someone who don’t know anything about bitcoin to invest because the person will not know how to start, how can the person buy bitcoin? The person will lost his money immediately because he will get scam during the process, you have to know about bitcoin, in fact you have to learn about bitcoin before you can invest.

Learning about bitcoin is not a day work, you have to learn and understand how you can invest, how you can hold and how you can secure your bitcoin, these things are very important for anyone who wants to invest in bitcoin, you can’t just wake up one day and thinks you are capable of investing in bitcoin because you have the money to buy it, you have to learn how to invest so that you will not regret at the end.

[Wiwo]

Generally,it is very important that when ever someone wants to invest in any kind of business either crypto,or personal business, you need to have an idea of what you want to invest in...

In management,there is something we call market survey...what does that mean?it simply means trying to have an idea of the particular business you want to go into.....and that includes finding out if a particular product will sell in a particular area...it also includes finding out what your competitors are doing to remain in business...
The reason for doing all these things is to know if can survive if you eventually starts the business.

Now that it is clear that one needs to have an idea of the business he or she wants to invest in, that's why l keep asking if someone can invest in bitcoin even when you don't have an idea of how it works?

Op Now that it is clear that one needs to understand a business before investing, this is why I keep asking: can someone truly invest in Bitcoin when they don’t even understand how it works?

First there is no way someone can invest in something he did not know about unless, may be the person gave the money to third party investment scheme or individual who invest on they behalf but even for that is going to be based on trust and reliability on the long term bases.

Bitcoin invest is very easy and even with little knowledge anyone with the available funds can invest and hold it.

Just like gold, bitcoin can be bought even without a clear user case understanding but for the value of it as an assets.

[CryptoHeadlineNews]

Now that it is clear that one needs to have an idea of the business he or she wants to invest in, that's why l keep asking if someone can invest in bitcoin even when you don't have an idea of how it works?

Yes, it is possible to invest in Bitcoin without having an idea about how it works, but in such situation, you will surely need the help of someone who has knowledge about Bitcoin to invest in it rightly. Because in a scenario whereby you intend to invest alone without the help of someone who has knowledge about Bitcoin, you stand a greater chance of falling victim to scams easily, most especially on platforms claiming to offer Bitcoin investment. Because I can remember vividly back then in 2020 when the Bitcoin mining scam was very popular and trending on social medias like Facebook, and many people fell victim to it, simply because they were claiming to offer a certain percentage weekly when you invest in it. So as a newbie who has zero knowledge about Bitcoin, he or she can easily fall victim to such scam.