Re: During the bear market, learning and asking questions is of utmost importance
I appreciate the fact that you saying people should invest their time first and then invest their money and that would solve the problem of uneducated people losing money, but I have a better strategy.
Bitcoin is a hands-on technology, so you understand so much more, if you buy a little bit and then play with it. I advise new people to buy a small amount of bitcoin and then to play with it. Once they get the feel for it, they start buying more on their own.
Bitcoin is a hands-on technology, so you understand so much more, if you buy a little bit and then play with it. I advise new people to buy a small amount of bitcoin and then to play with it. Once they get the feel for it, they start buying more on their own.
Well yes of course, when I speak about how I tell people to invest their time rather than their money it is because the term "investing" to me means putting a significant amount into something with the hopes of future growth. Of course I advised them to have small amounts of the crypto's they are interested in learning about, as utilizing something you're interested in learning about is a whole part of the learning experience. Just not Investing, I.E.putting a significant amount of finances into crypto, without having invested a SIGNIFICANT amount of TIME in learning. As I actually believe there are more use cases, and profit potential, through learning the ins and outs of crypto's, then there is just investing some money. Through knowledge, there are endless opportunities and use cases that can provide financial reward, a much higher chance of profit success with large amounts of diversity VS. Investing money into something and only being able to hope price goes up to profit.