A waste of time?

[Maslate]

This is clearly not a waste of time. Even if you can't invest at the moment because your funds are limited or for whatsoever reason, you can still make use of your knowledge by sharing it to the forum, or promoting bitcoin in your own business so that your learnings do not just end on you, but your neighborhood will also be aware the advantages of bitcoin.

Know that investing in bitcoin is not the only way. You can also share ideas in the social media, wherein people are still hunger on how to understand well about bitcoin, by not convincing or forcing them to invest into bitcoin and make them rich quick.

[Kelvinid]

Investing is not the only way, but if your aim to is to gain knowledge and let the world know that bitcoin could bring a bright future, then you should be an investor first. What you don't know or experienced first, you cannot tell it to others. What you don't have, then its hard for you to share it with.

However, its not a waste of time, but it could be a waste of opportunity if ever. My advice, do not rush yourself to invest now if you are not ready financially, mentally and emotionally, but hopefully in the future you can also make use of what you have learned.

[Dr.Bitcoin_Strange]

No knowledge is a waste, everyone have reasons for what ever choice they make, if he decided to learn about Bitcoin because he wants to be teaching people about it, he can be criticized for that but what matters is if he is comfortable doing what he is doing, you don't have to kill yourself if you can not afford Bitcoin, although if you are earning some good money from doing a job or running a business, with self discipline, you can invest on Bitcoin no matter how small you can afford, you don't have to invest up to $1k for a start, $10 is okay.

[Stalker22]

How can you say that acquiring new knowledge and skills is a waste of time?  Unless you are wasting your time learning something totally useless...  Do you think that knowledge about Bitcoin is useless?  Of course not.  Even if you have no direct economic benefit of it at the moment.

Your friend isn't a "failure," he is just stuck in a survival loop.  If his business only covers food and bills, his problem isnt Bitcoin but his income.  This is not an exclusive club for people with fat wallets.  Understanding decentralization, self-sovereignty, and sound money is a mental shift that changes how you view every other financial decision you make.  If he knows why Bitcoin matters, he is already ahead of 90% of the population, including many "investors" who just buy because of FOMO and panic sell at the first dip.  That is how I see it, at least.

[Hazink]

Not at all. Information is power. Having knowledge is a pretty good start. At least, he knows where to invest in. But again, if he has knowledge as you claimed, he should know that he does not need all the money in the world to buy bitcoin. When his financial condition improves a bit, he can start DCA'ing.

Everything is just all about planning. As long as the person in question has the right information and the right knowledge about what he wants, the next thing is to actually put investing in it into a plan, and he can actually put it as part of the daily expenses he makes, even if it's not every day but within a month little something can be squeezed out to invest unless he really wants to buy something big all at once's.

[jossiel]

Is it an achievement to have knowledge about Bitcoin but not be able to invest in Bitcoin?

This is a subjective question.

If you're a lurker, would you consider yourself as successful because you have an idea about it?

I think most will say, no.

If teaching and spreading news about Bitcoin is all you can do, would you considered yourself a total failure?

IMHO, no.

But this is different from thinking of achievement and total failure. You're in the midst of it but you're better than majority of the world if you're helping others to teach about Bitcoin.

A friend is running a business and all he can do is pay bills and eat, he is not in power to do more than this, but having the knowledge about bitcoin is making him to question if he have wasted his time learning about Bitcoin.

Is the only way to be part of this movement is by becoming an investor?

If you want to be part of the community, you can be a lurker. You're free to teach and discuss but it feels different when you actually hold one.

With that knowledge, he can use that and get hired for some projects and earn and use that money for buying BTC.

[fredericktaylor]

Is it an achievement to have knowledge about Bitcoin but not be able to invest in Bitcoin?

If teaching and spreading news about Bitcoin is all you can do, would you considered yourself a total failure?

A friend is running a business and all he can do is pay bills and eat, he is not in power to do more than this, but having the knowledge about bitcoin is making him to question if he have wasted his time learning about Bitcoin.

Is the only way to be part of this movement is by becoming an investor?

Success cannot be achieved without proper planning, requires proper knowledge, as well as consistency and the use of discretionary money and long time. If a person has proper knowledge about investment and has a complete mindset of investment, then he will definitely be able to keep some money for investment after completing all his necessary expenses. If you do not have an investment mindset, then you will never be able to invest even if you have a lot of income. Your mindset is very important for managing investments, along with Discretionary money management. You have to buy Bitcoin consistently with a long-term plan, no matter how small the purchase is, the main thing is consistency, you have to invest every day or every week or month and hold Bitcoin with confidence, you cannot be disappointed quickly, you have to invest patiently for a long time and wait for good times, as a result, success can be expected.

[Vaculin]

Being knowledgeable about bitcoin is already a great achievement as not everyone is patient enough to learn even the basics of it. Bitcoin is quite complicated to learn, especially if you don't have the drive and passion to learn and understand bitcoin.

But investing is really the end goal? For me, yes. If you have the budget, then why not? But if you are still facing financial burden at the moment, do not push yourself to invest, that won't do great in the end, but be an instrument for other people so they can learn even the basics of bitcoin and how investment works.

[LogitechMouse]

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Is the only way to be part of this movement is by becoming an investor?

I don't want to say that he's a total failure completely, but I will just say that he's missing the opportunities that he should've grabbed. If ONLY he has the capabilities to buy even at least $10 worth of Bitcoin every single week then that's completely fine.

Having knowledge about Bitcoin might be an achievement for some, but not for me. Not being able to invest in Bitcoin FOR A SHORT AMOUNT OF TIME seems fine, but if you can't do anything just to have money to buy it then that will be the time where you can say that it's a failure. As for your friend, I wonder if he doesn't have any spare money to use to buy Bitcoins? I mean he's running a business like you said. He can just expand it, or build another source of income if he really wants to buy some. Anybody can have the knowledge about it, but if they decided that they don't want to buy then so be it. Maybe that's the case on your friend isn't it? Or he's just can't simply afford it?

Movement? Movement of what? I can't understand. As for me, the main goal is to make money with the help of Bitcoin so you need to invest. Nothing more, nothing less.

[CryptoYar]

Joining movement does not only need owning of coins but act of Teaching Work and helping network in growing its social group, which makes your friend ready to take Bitcoin payments or stablecoin pay outs as soon as his business starts doing well. So knowledge is only wealth that does not have starting price or cannot be sold off, thus he is already ahead of millions of people that own Bitcoin today but who will panic and sell their holdings at next 20% falls in war scare due to lack of knowledge about what they have.

[X-ray]

Why would it be considered a waste of time? If your friend don't have the money now maybe in the future he could invest in bitcoin.

How much time you wasted reading about how bitcoin works anyway. I bet if only scratching the surface of bitcoin knowledge it only took about 1-2 days until you understand how it works.

There is no such thing as waste of time when you learn a new thing, especially bitcoin where it might be useful for you in the future.

[Oluwa-btc]

Inasmuch as applied knowledge is powerful,it ultimately depends on why you chose not to invest as a person.Someone can fully understand how Bitcoin works and still decide not to invest due to market cycles,risks exposure or personal financial goals.No knowledge is a waste, especially if you still retain the interest,target and discipline to invest when the timing aligns in the future.

[Outhue]

No knowledge is a waste of time, you are also doing Bitcoin the favour by telling others about the innovation, you have lost nothing because the knowledge you have acquired stays within you. If you don't have the money to invest today you will one day have the money and will be comfortable to invest.

The first time I know about crypto in general I don't have money, I spend extra two years just learning about everything that's crypto related, I knew Airdrops and faucets due to this and it was a glorious adventure for me, although I had no responsibility and goal was not about money but only to learn about Bitcoin and crypto, It was fun and in the end I was able to start buying after few years later.

No knowledge is lost.

[jcojci]

Having knowledge about Bitcoin is the basic thing and that is achievement for someone. Not many people wants to learn without practicing his lesson but your friend did that. But it is better if he starts to have Bitcoin investment to practice and know more details.

He is not wasted his time learning about Bitcoin but he may late to buy Bitcoin as his investment especially if the price jump so high.

Maybe he doesn't wants to invests in Bitcoin now and still waiting for the right time.

He could have much consideration or still calculating everything before deciding so you can wait what he will tells you about.

[Ahli38]

It's not necessarily to become an investor to be part of it. Having knowledge about bitcoin can also be used to earn money or even implement it to your business if you have one. For example, let's say someone invested on my project which is a casino and all I ever did is to make sure the bitcoin funds is safe and the website is secured so, I can say that I used my knowledge about bitcoin to run a casino where I would earn money in the future once it is launched. In some cases, they use their knowledge about bitcoin to run a service where they will get paid on bitcoin. In short, it's not necessary to invest your own money in bitcoin to earn because you can earn by selling your skills or running a service before using the bitcoin funds to earn more and it's not a waste of time.

Yes, that's right. There are many benefits to having knowledge about Bitcoin. And Bitcoin can be used as part of a business. We can see that some businesses use Bitcoin to support their business. Bitcoin can be integrated into any business because it allows business owners to use it as a means of exchange. And some business owners even use Bitcoin as a direct source of income for their business as we can see in centralized exchange businesses that profit from the fees charged to users. So I personally think that having knowledge about Bitcoin or even learning about Bitcoin is not a waste of time as the knowledge about Bitcoin is very beneficial for those who can use it well. And it doesn't mean you have to be a Bitcoin investor to benefit from this knowledge.

[As-Soon-As]

Is it an achievement to have knowledge about Bitcoin but not be able to invest in Bitcoin?

If teaching and spreading news about Bitcoin is all you can do, would you considered yourself a total failure?

A friend is running a business and all he can do is pay bills and eat, he is not in power to do more than this, but having the knowledge about bitcoin is making him to question if he have wasted his time learning about Bitcoin.

Is the only way to be part of this movement is by becoming an investor?

In the beginning, one has to gain knowledge about Bitcoin, and later one will be attracted to Bitcoin investment. If a person does not have knowledge about Bitcoin investment, then he will not be successful in any way, so it is definitely necessary to have knowledge about Bitcoin. However, if a person participates in Bitcoin investment along with gaining knowledge about Bitcoin, then that person will definitely be able to gain better knowledge about Bitcoin.

[pawanjain]

Is it an achievement to have knowledge about Bitcoin but not be able to invest in Bitcoin?

If teaching and spreading news about Bitcoin is all you can do, would you considered yourself a total failure?

A friend is running a business and all he can do is pay bills and eat, he is not in power to do more than this, but having the knowledge about bitcoin is making him to question if he have wasted his time learning about Bitcoin.

Is the only way to be part of this movement is by becoming an investor?

At the end, the goal is to accumulate more bitcoin and having the knowledge about bitcoin enables us to accumulate more bitcoin.
We can either use our own money to buy more bitcoins or use our skills to earn more bitcoins.
Either way, the knowledge one has about bitcoin is definitely not a waste of time since it prevents us and others from scams and help us get more bitcoins.

[NotATether]

Absolutely not.

You see, when you learn about Bitcoin, you gain a little more knowledge on how the world's financial system works.

You can pass that information on to other people, and they educate other people, and so on, and in this way the info will eventually trickle down to someone who needs to hear it at the right time.

[Asuspawer09]

I mean there are different things that you could be a part of the movement, but I guess the easiast was just to start investing to be part of it, you could still do some other things without investing like doing an applications, websites, or projects etc, that is going to probably help Bitcoin something like that but It is just easy to invest on it since you already know or have the knowledge on it it would just make sense to apply that knowledge invest in Bitcoin and start your journey on crypto investment to slowly build your porfolio.

It just wouldnt make some sense if you are teaching about investments or how to invest, how you are going to trade, or how you are going to make some money on Bitcoin or crypto but you dont even experience it yourself right, it's different if you just know how it is or what it is than you actually have experience on it, it was just a different kind of knowledge and you can't preach anything that you dont really know.

[Mate2237]

In as much as I will encourage people to spread and talk about information related to Bitcoin as it can create more information , there by creating awareness about Bitcoin. But that is not enough for me you should go ahead and invest as you can't be talking about what you don't practice. Investing in Bitcoin will give you more courage to talk about it because, you know that you have taken the risk and you know what you are talking about.




You can't be talking about something that, you are not practicing.practice is what gives you that confidence and the experimental knowledge Bitcoin and what ever you are talking about. Having a first hand knowledge is key t what ever you are doing. Starting a Bitcoin investment is not hard task there are simpler ways to go about it such as the DCA method so the money should not be an excuse.