Post
Topic
Board Bitcoin Discussion
Re: Is it safe to acquire Bitcoin without having the basic knowledge?
by
Davidvictorson
on 01/02/2023, 14:43:27 UTC
I was talking to a neighbour within the weekend and suddenly he grew so much passion in wanting to invest but now the problem is that his wanting me do this for him with excuses of not having the basic knowledge and I've told him to Google and do his own research about it.
I want to know if it's safe to buy Bitcoin without having the basic knowledge of it ?
I think the main question should be "how much knowledge do you need to make your first bitcoin purchase"? And to your original question, passion is not enough. Since your friend is interested and wants to invest, you can serve as a mentor or guide for him. Some of us only read on how to make our first bitcoin purchase, we had friends guide us - like download Binance, create an account, verify it, and tell me when you are done. When we did it, we reported to them. They asked how much we had, we told them, and they also directed us on how to make the purchase through bank deposit. After the purchase, they started to send us links to join some WhatsApp bitcoin groups. And our curiosity took off. Where we didn't understand, we'd call them. And now here we are. Just serve as a guide to your friend if he is willing to learn.