I became more interesting on this topic when my friend hard about the profit on trading and investing on bitcoins.without the ideas or knowledge about it. because he only hard that, there are high profit on investing on Bitcoin. without knowing how Bitcoin is been trade. he went and sold his property to invest on Bitcoin without been knowledgeable about it. he went ahead and invest but loss everything because he doesn't know how to trade Bitcoin.
Investing on what you don't know (or you didn't take time to gain knowledge) is like gambling since you have no idea of what you're getting into. Joining the ride just because you heard other investors are earning through trading Bitcoin is not sufficient to just engage yourself without much effort to know the basics.
He came and told me everything. i feel pity on him, and started teaching him how Bitcoin is been trade and invest. He was very serious to lean and now his happy and his doing very well. in every business or investment you are in backing on, I think you need to lean and be knowledgeable about it before you invest on it.
Nice to know he learned his lesson and now doing good. Sometimes it's not bad to fail if it can make you realized what you did wrong to improve yourself.