For
every asset or
commodity always everyone thinks about its
safety and security, it may rather be any
layman or any
tech person.
So before getting into bitcoin, spend
more time on more research about its basic fundamentals. Such as what is bitcoin? how does it work? what is the security, and asset risks involved?
All things are mentioned very well in whitepapers, But it will require some technical knowledge and lots of self-understandings.
my first post on this forum I decided to make it here since Bitcoin is what I want to concentrate on going forward, I discovered this site through a google search in my quest to get answers to some questions about Bitcoin.
is showing your interest and curiosity about Bitcoin. By the way, you are at the very right place to understand what bitcoin is because the Bitcointalk forum is that place where "Bitcoin Talks".
And am amazed at how rich in information this forum is I have found almost 50% answers within my short period on this forum all thanks to the members who have been here before me.
I have a very simple question on Bitcoin:
What are the principal technical skills a bitcoin lover needs to have if I want to buy a large amount of Bitcoin and hold it for long-term purposes?
My suggestion
Major focus on the security issue, but all it needs principle understandings, which gives more outcomes possibilities of breaching. The second thing to use bitcoins for increasing assets values by implementing in many platforms such as Defi, Yield farm, Liquidity pool, lending, borrowing, etc.
Right now the second layer of blockchain for many other blockchains is also created a tremendous wave in the market. So, understanding Bitcoin, Blockchain, and cryptography in depth will definitely make you richer in the upcoming future for sure.