Basic knowledge is enough.

[cryptoaddictchie]

If you want to make money investing in crypto make sure you have experience and if you really want to hold Bitcoin make sure you can use all the strategies. Choose a good exchange then buy and save Bitcoin. You can only apply the best strategies or experience in crypto when you practice a lot. You will not gain much knowledge in a very short time so you have to wait until you know everything. A newbie in crypto is more likely to lose money because he rushes into investing without understanding anything.

Thats not using strategy when you buy bitcoin and save and hold them. More like a conviction for me, cause yoi literally holding it and wait for it go up and increases its price. The strategy is when you employ some skills or idea on how to maximize your earning like in defi whereas you could do some advantage over some finances by loanung and earn on top of those.

[Achalugo BTC]

The lack of knowledge that prevents you from understanding Bitcoin properly, understanding the main purpose of investing, trusting Bitcoin, purchasing Bitcoin, finding a safe way to store Bitcoin, and managing your wallet is called basic knowledge. Basically, the knowledge you lack to learn about Bitcoin and start investing is basic knowledge.

This knowledge may vary slightly from person to person, if you know nothing about crypto, then your basic knowledge will be slightly different and more. If you have some knowledge about crypto and Bitcoin, then your basic knowledge will be different and relatively less. You should feel that you need some knowledge, without which you cannot start investing.

Well said, which is why they are to acquire the basic knowledge and understanding of gambling before they can take action on their decision because without having the basic knowledge of what bitcoin really is, they might take the wrong step of not knowing what to do and how they can help themselves to navigate through challenges, if they encounter one. And the basic knowledgeof bitcoin also help to make informed decision by not just taking actions without proper research or study about it for better understanding.

[WatChe]

Exactly right, to start investing in Bitcoin, you don’t need in depth information or knowledge, you can do this once you’ve started DCA. So, to get started, you only need discretionary funds to make purchases, these are the funds remaining from your income after paying all your bills and covering your living expenses, get started as soon as those funds are available. Over time, you can learn more about Bitcoin and this is essential to build your confidence in the asset you’re holding. Once you have that knowledge, you’ll likely come to understand just how valuable Bitcoin is.

If you are looking to invest for long term then all you need is to have a look on price history of Bitcoin and that will be enough to convince you that long term investment can give you good return. If you are new to Bitcoin then don't waste time in only doing research rather also start investing in Bitcoin. For long term investment, not much research is required. But if you are going for trading then equip yourself with necessary knowledge before diving in the sea of trading because lot of risk is involved in crypto trading.

[Z_MBFM]

You must not have a degree in Bitcoin or years of learning before you can invest in Bitcoin. Basic knowledge is enough!
So
What are this foundational informations and practicable skills in Bitcoin investment?
As in,
what are the basic knowledge in Bitcoin investment?

The fundamental knowledge required to invest in Bitcoin is to read the past stories of Bitcoin and believe them and then you need to know how to keep Bitcoin safely and how to manage a decentralized wallet and then the knowledge required is that of course he must have an idea about the long-term investment of Bitcoin and he must accept that his investment will be for a few years then he is fully ready to invest in Bitcoin and he can succeed by investing because these are the main things of investing in Bitcoin and to know these and to follow them only requires goodwill and patience.

[Canves]

You are right. I also do not agree with the idea that you have to know everything at the beginning of investing. Because what is called basic knowledge is not known. If we assume that basic knowledge means knowing the type of wallet, knowing about seed phrases, and acquiring skills in cycle analysis, it is a matter of time. If a new investor has discretionary money, he can start without any other excuse.

[Alpen]

Basic knowledge of Bitcoin may not have a direct definition but explanation of it can answer the question and help someone(newbies) who needs it to start their Bitcoin investment journey.
When you say basic knowledge, it means foundational requirements in informations and practicals necessary to get started in a particular thing or area of life.
Talking of Bitcoin, that means foundational information and practicable required to start Bitcoin investment, that's the basic knowledge of Bitcoin investment.

You must not have a degree in Bitcoin or years of learning before you can invest in Bitcoin. Basic knowledge is enough!
So
What are this foundational informations and practicable skills in Bitcoin investment?
As in,
what are the basic knowledge in Bitcoin investment?

A crypto investor really only needs to master two things: how to use Bitcoin wallets (both cold and hot) and how to execute a DCA (Dollar Cost Averaging) strategy.

Personally, I follow a simple but effective scheme. I take the current Bitcoin peak—let’s say $100K—and factor in a potential 50% drawdown. Since my financial capacity allows for 10 entries per year, I set up a trading bot on Cryptomus to buy every time the price drops by $5K.

If the market stays in a sideways trend for several months, extra trades can accumulate at the same level. To handle this, I add a take-profit algorithm to the bot. For example, this year I opened positions at $65K twice and took an unplanned profit when the price hit $70K.

Finally, as profits grow, those initial Bitcoin purchases should be moved from the exchange to your own private wallet for long-term security.

[aoluain]

For anyone looking to move into Bitcoin I would offer these basic points as a start to take
note and research.

Separate the market from Bitcoin itself - The market is linked to human emotion at the same
time that Bitcoin development and mining etc. moves along on a different trajectory.

Realise that the market does not continuously move up or down or sideways.

Understand the Bitcoin 4 year cycle centered around the Bitcoin halving

Understand and adopt the "be your own bank" concept and not rely on some centralised
exchange to store the Bitcoin.

[leonair]

Investing in Bitcoin does not require rocket science, it only requires patience. Most investors cannot be patient after investing, which is why they sell Bitcoin at a loss. This is the most important thing. If you can be patient and hold it for a long time, then you do not need any special strategy or knowledge. Just having the guarantee of keeping Bitcoin safely will be enough. Bitcoin is a currency where if you invest, profit is guaranteed, but for this, you only need to hold it for a long time. Those who can do this do not need any other knowledge.

[Dr.Bitcoin_Strange]

As for me, I have read the ugly experiences of many other Bitcoiners and crypto enthusiasts which caused them to have lost their coins and they had to start accumulating from afresh again, while some victims used that experience to stop investing on Bitcoin. I learned from other people's experience and I see that knowledge as very relevant for me and any other investor. Bitcoin is of a huge interest to even scammers and as a Bitcoiner, one of the basic knowledge you should learn is how to defend your self against scammers. Also learn the best way to invest in a flexible manner so that you don't go above your limit and end up unprofitable.

[passwordnow]

Trading and investing are different. I agree that investing you only need the basics after all but with trading, it's a different subject to talk about.

Investing in Bitcoin does not require rocket science, it only requires patience.

Patience is one of the important factors when someone invests in Bitcoin. And of course, the money that they'll invest should be prepared for them and not just the savings that they've saved all of their lives. Because that's not how it goes, understanding the market and why it requires patience will make them a genius investor just as how the casual investors held for so long and then sold at the right time on its peak.

[Zanab247]

Investing in Bitcoin does not require rocket science, it only requires patience. Most investors cannot be patient after investing, which is why they sell Bitcoin at a loss. This is the most important thing. If you can be patient and hold it for a long time, then you do not need any special strategy or knowledge. Just having the guarantee of keeping Bitcoin safely will be enough. Bitcoin is a currency where if you invest, profit is guaranteed, but for this, you only need to hold it for a long time. Those who can do this do not need any other knowledge.

This is the reason BTC trade is different from other trade in the internet, because you don't need to acquire all the degrees before you can start involving your money in BTC trading but just make sure you have the knowledge of BTC trading before involving your money in BTC trading. When you learn how to be patient in BTC trading, when the price of your choice is not coming yet, it will help you to achieve your goal, because the longer you hodl your BTC before trading it will create opportunity for you in the future to earn what will make you to like BTC trading.

Impatient is what makes some traders to trade their BTC at lost, because they always feel it will be possible for the price of BTC to pump higher above their expectations.

[Big Dirams]

Trading and investing are different. I agree that investing you only need the basics after all but with trading, it's a different subject to talk about.

Investing in Bitcoin does not require rocket science, it only requires patience.

Patience is one of the important factors when someone invests in Bitcoin. And of course, the money that they'll invest should be prepared for them and not just the savings that they've saved all of their lives. Because that's not how it goes, understanding the market and why it requires patience will make them a genius investor just as how the casual investors held for so long and then sold at the right time on its peak.

Trading and investing are absolutely two different things and trading stress and requirements are much more complex than that if investing. In investing we only need little basic knowledge of the pair we want to invest on but in trading the requirements are much like patience, emotional control, understanding, knowledge and more not only basic knowledge but a lot of knowledge if one want to be successful and profitable in trading.
 But in investing only basic knowledge is alright to start investing and we can make it out successful if our strategy align properly and we make the proper analysis.

[Out of mind]

It is true that investing in Bitcoin requires general knowledge, and only those who have this knowledge can invest in Bitcoin. It is not necessary to study for years and earn a degree to invest in Bitcoin, rather a healthy person can quickly acquire knowledge about Bitcoin and invest in it. It is very important to know some information in Bitcoin investment, especially market analysis and investment timing, and to make investment decisions according to the plan. To invest in Bitcoin, a new user must first learn about Bitcoin and then analyze the market and change his mental position. Investment is mainly aimed at keeping it for the long term, it must be done according to a good plan, and also wallet-related issues must be paid close attention to and there is a need to learn a lot about it.

[GiftedMAN]

Investing in Bitcoin does not require rocket science, it only requires patience. Most investors cannot be patient after investing, which is why they sell Bitcoin at a loss. This is the most important thing. If you can be patient and hold it for a long time, then you do not need any special strategy or knowledge. Just having the guarantee of keeping Bitcoin safely will be enough. Bitcoin is a currency where if you invest, profit is guaranteed, but for this, you only need to hold it for a long time. Those who can do this do not need any other knowledge.

Agreed. But you also need basic knowledge to understand the importance of safe keeping it your Bitcoin to avoid investing and losing it to the hands of scammers. Basic knowledge doesn't mean you should register a course to get the knowledge just get the know how on how to invest for long term and keep your account safe then you are good to go. Another good knowledge to consider is to have a good source of income that will help you but to sell at loss when Bitcoin is at the dip.

[Royal Cap]

Investing in Bitcoin does not require rocket science, it only requires patience. Most investors cannot be patient after investing, which is why they sell Bitcoin at a loss. This is the most important thing. If you can be patient and hold it for a long time, then you do not need any special strategy or knowledge. Just having the guarantee of keeping Bitcoin safely will be enough. Bitcoin is a currency where if you invest, profit is guaranteed, but for this, you only need to hold it for a long time. Those who can do this do not need any other knowledge.

Of course patience is a big factor, but if you just hold, profit is guaranteed, it is not that easy. Many people buy in a bull market thinking it is easy, but when the dip comes, it becomes very difficult to hold mentally. Not panic selling at that time is also a skill. And basic knowledge is also needed. If you do not know at least wallet security, scams, then even holding for a long time can be a problem. Bitcoin can be a strong asset in the long term but it is a safer approach to build it slowly rather than investing blindly. And for this reason I think the DCA approach is the best.

[jossiel]

As for me, I have read the ugly experiences of many other Bitcoiners and crypto enthusiasts which caused them to have lost their coins and they had to start accumulating from afresh again, while some victims used that experience to stop investing on Bitcoin. I learned from other people's experience and I see that knowledge as very relevant for me and any other investor. Bitcoin is of a huge interest to even scammers and as a Bitcoiner, one of the basic knowledge you should learn is how to defend your self against scammers. Also learn the best way to invest in a flexible manner so that you don't go above your limit and end up unprofitable.

It is giving us the protection when we know the basics. Basic of wallet protection, the phishing and other security concerns.

Because if we're always ignorant to these matters, we will be the same to those people who experienced something bad and then stopped.

But this speaks a lot why we're still here and why we keep on holding. That little knowledge keeps on growing but it shouldn't be boasted to anybody and the desire to learn more and grow must remain.